Power Electronics Mocvd Market Development & Industry Challenges Report to 2019

Global MOCVD Market in Power Electronics 2015-2019 report is the latest addition to RnRMarketResearch.com industry research reports collection. The report is about 47 pages and provides 21 Exhibits; the report is published in Jan -2016.

Market projections and segmentation of the global MOCVD market in power electronics by geography, including the Americas, APAC, and EMEA. It further presents the vendor landscape and a corresponding detailed analysis of the top vendors, which include Aixtron, Taiyo Nippon Sanso Corp, and Veeco Instruments.

Market outlook of the global MOCVD in power electronics

MOCVD or metal-organic chemical vapor deposition is a technique used by semiconductor manufacturers depositing very thin layer of compound semiconductor material onto a semiconductor wafer. It is mainly used in the manufacturing process of III-V compound semiconductors, especially for those that use gallium nitride (GaN). These semiconductors are the most essential base material for manufacturing LEDs, lasers, power electronics, and photovoltaic cells.

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The global MOCVD in power electronics is expected to witness a rapid growth during the forecast period, posting a CAGR of more than 40%, due to the increasing adoption of power electronic devices in various sectors. The requirement for generating electrical energy from renewable energy sources is rising rapidly across the globe, which is likely to boost the adoption of power electronics in different renewable technologies such as solar and wind power. The expects the MOCVD market for power electronics to see a surge in demand due to the increasing use of more energy efficient and high performance power electronics in renewable sector during the forecast period.

Geographical segmentation of the MOCVD in power electronics

Currently, the market is dominated by the APAC region, accounting for more...