Growing Demand for LED for Electronics and Automotive Driving Global CVD Equipment Market

Published Date : Nov 14, 2017

ALBANY, New York, November 14, 2017 – is proud to announce the availability of a new research study on the global market for chemical vapor deposition (CVD) equipment, which provides a detailed reports of the historical as well as the current performance of this market, focusing on the influencing factors. The research report is titled “Global CVD Equipment Sales Market Report 2017.

The growth of the global CVD equipment market is primarily a reflection of the prosperity of various end-use industries it finds application in, including consumer electronics, packaging, automotive, and textile. Transistors, that are the essential electronic components of mobile phones and hybrid cars, are made-up of a solid piece of semiconductor material and requires a minimum of three stations to connect to an outside circuit. The growth of the demand for transistors is driving the global CVD equipment market. In addition to that, in the recent past, a number of countries have started focusing on renewable resources of energy as fossil fuel causes significant pollution and are in limited resources. In this scenario, solar energy as emerged as a highly viable resource and for that, the demand for solar cells is augmenting. Solar cells transform solar energy into electricity using the photovoltaic effect. At present, silicon solar cells are predominantly available in the market that are manufactured using CVD equipment.

The market for light emitting diode (LED) has also escalated in the past decade, used extensively by the industries of consumer electronics and automotive. LEDs are compressed sources of light that offer benefits such as lower heat generation besides consuming considerably lower power. Owing to these striking attributes, LED have gained popularity, particularly when they are safe option against conventional lighting devices and are cost-effective too. MOCVD deposition process is used to manufacture power LEDs that are proficient of distributing several hundred lumen output. After the process, the resulting wafers are then processed into LED chips.

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In this commerce and business study that is directed to serve as a business tool for the stockholders of CVD equipment market, the prominent growth drivers, and the barriers in the adoption of modern solutions have been discussed at length. It also provides a deep understanding of perceptions of various manufacturing industries and the future prospects of this market on the basis of its performance in various regional, with a high emphasis on the current and the future trends in the various domestic markets.

Based on product type, the report segments the global CVD equipment market into PECVD, MOCVD, and ThermalCVD, whereas on the basis of application or end-users, the market has been bifurcated into electronics, packaging, textile, and others. The report takes historical data from 2012 and presents forecasts for the global CVD equipment market until 2022.

The research report specifically focuses on the market outlook for CVD equipment in the regions of Europe and Southeast Asia as well as in the countries of the United States, China, Japan, and India. Geographically, this report split global into several aspects and represents the sales in K Units, revenue in terms of Million USD, and market share and growth rate of CVD equipment for these regions, from 2012 to 2022, the forecast of the report.

To represent the true picture of the competitive landscape, the report also profiles a number of vendors operating in this market, including Kejing Materials Tech, SHINCRON, Thermo, Rigaku, Firstnano, BEQ, CH Instruments, Ionbond, Ti-Coating, TevTech LLC, Sucotec, Richter Precision, and Coatec. For each of these companies, the report provides basic business overview, manufacturing base, competitors, product portfolio, application, and specification.

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