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MOCVD is a device used by different semiconductor manufacturers for depositing thin layer of semiconductor compound material on semiconductor wafers. MOCVD equipment is primarily used in various manufacturing process of type III to V compound semiconductor especially that uses gallium nitride (GaN). These semiconductors are used extensively as the basic material in the manufacturing process of LEDs, power transistors, lasers, electronic devices and photovoltaic cells among others. Application of advanced MOCVD equipment in the manufacturing process of a semiconductor device not only increases the performance but also delivers higher switching speed and efficiency. Thus, the global metal organic chemical vapour decomposition (MOCVD) equipment market is anticipated to experience an exponential growth rate during the forecast period from 2016 to 2024.

In order to provide in-depth analysis, the global metal organic chemical vapour decomposition (MOCVD) equipment market can be segmented on the basis of application and geography. By application, the market can be classified into semiconductor and electronics and research and development facilities. The semiconductor and electronics segment can be further bifurcated into barrier layers, integrated circuit (IC) applications, solar panels, display panels and sensors among others. In addition, current market synopsis as well as future trend of all the above mentioned segment is also provided in this report across various regions such as North America, Europe, Asia Pacific, Middle-East and Africa and Latin America.

Increasing demand for power semiconductor is the primary factor anticipated to boost the demand of MOCVD equipment during the forecast period from 2016 to 2024. In the coming years, gallium nitride (GaN) is anticipated to replace silicon technology across various power semiconductor applications owing to its wider band gap, larger critical electric field, higher thermal conductivity and high breakdown voltage. This in turn is predicted to trigger the demand of GaN power semiconductor, thereby creating a better opportunity for MOCVD equipment in the coming years. In addition, the evolution of MOCVD equipment has led to increased application of MOCVD in nanotechnology. This development has been possible due to technological advancement in terms of reliability, scalability, and performance. With technological advancement, usage of MOCVD equipment as fabrication and manipulation tools in nanotechnology is one of the major driving factors anticipated to accelerate the demand of MOCVD equipment in the coming years.

However, fluctuating nature of the semiconductor industry is the most important factor predicted to deter the market growth of MOCVD equipment during the forecast period. In many cases, production of semiconductor exceeds the demand and thus results in large unsold stock. This in turn is anticipated to affect the demand of MOCVD equipment negatively. Moreover, the cyclic demand of MOCVD equipment results in fluctuating revenue inflow of the MOCVD manufacturers. This is also predicted to limit many manufacturers to enter in this market.

Based on application, the global MOCVD equipment market is majorly driven by the semiconductor and electronics segment in the coming years. This segment is also anticipated to experience the fastest growing market during the forecast period. Application of MOCVD equipment for semiconductor and electronic goods processing is unanimously high in demand due to the increasing use of advanced technology in the production of electronic gadgets such as smartphones, DVD players, video games, PDAs, portable media players, home-theater systems, printers and microwaves among others.

The most frequent use of GPS tracking devices consists of locating routes of our journeys but times have moved on so therefore have the uses of GPS tracking systems as well. The benefits of the revolutionized GPS tracking systems are as many as its uses. Tracking our vehicles has become a focal practice for us all.

One of the many uses of the Vehicle tracking system is its usage of tracking devices for Cars & Bikes. We now find the use of GPS tracking system more and more cost effective, convenient to use and easier to handle.

There is not just one use of GPS tracking systems, there are many. One of the predominant uses is for personal use but one other such use would be within our professional lives. Let us have a look at the certain ways in which the vehicle tracking device could be used.

Universal Uses:

Prevent your Children and Vulnerable family members from taking wrong paths.

Increase personal confidence with the use of such devices.

Protect all your loved ones with the practice of such devices.

All these benefits would be categorized under personal uses which is only and only for your loved ones such as your kids and other vulnerable family members. These vehicles tracking device can be placed in/on any vehicle that your loved ones may use and subsequently could be at a huge benefit for you!

Specialized Uses:

The GPS tracking devices for vehicles can be used for your everyday professional lives too! There are many such benefits and some of these we have listed:

If you run a Taxi or a Bus Service then you can easily locate your driver and vehicle and know his/its whereabouts instantly.

Recovery of lost vehicles

This benefit is the core one. This practice enables you to easily locate your vehicle in times of concern, or in the event of its theft. Your vehicle is easily located in real time, the uses of such devices is proving a great tool in reducing theft.