LONDON--(BUSINESS WIRE)--The MOCVD market is expected to grow by USD 84.93 million, progressing at a CAGR of over 5% during the forecast period.
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The increasing focus on renewable energy is one of the major factors propelling market growth. However, factors such as trend of leasing MOCVD equipment will hamper the market growth.
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MOCVD Market: End-user Landscape
The optoelectronics segment includes devices such as LEDs, organic light-emitting diodes (OLEDs), laser diodes, and solar cells. MOCVD equipment is used during the production of optoelectronic devices. LED lighting applications have become the global standard in the private and public lighting markets owing to their energy efficiency. The growing investment in LED production plants will increase the orders of MOCVD equipment by LED manufacturers. The MOCVD market share growth by the optoelectronics will be significant during the forecast period.
MOCVD Market: Geographic Landscape
APAC will offer several growth opportunities to market vendors during the forecast period. 77% of the market’s growth will originate from APAC during the forecast period. China, Japan, and Taiwan are the key markets for MOCVD in APAC. Market growth in this region will be faster than the growth of the market in other regions.
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Companies Covered:
- Advanced Micro-Fabrication Equipment Inc.
- Agnitron Technology Inc.
- AIXTRON AG
- Alliance MOCVD LLC
- CVD Equipment Corp.
- JUSUNG ENGINEERING Co. Ltd.
- NuFlare Technology Inc.
- Samco Inc.
- Taiyo Nippon Sanso Corp.
- Veeco Instruments Inc.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Optoelectronics - Market size and forecast 2019-2024
- Power electronics - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
- Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Advanced Micro-Fabrication Equipment Inc.
- Agnitron Technology Inc.
- AIXTRON AG
- Alliance MOCVD LLC
- CVD Equipment Corp.
- JUSUNG ENGINEERING Co. Ltd.
- NuFlare Technology Inc.
- Samco Inc.
- Taiyo Nippon Sanso Corp.
- Veeco Instruments Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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