MO source is a key raw material for metal-organic chemical vapor deposition (MOCVD) process. Global MO source output ranged at 102.6 tons in 2018, a rise of roughly 4.6% from a year earlier, a figure projected to outnumber 150 tons in 2025. China as the world’s largest producer of MO source manufactured 44.3 tons or over 40% of the global total in 2018.
MO source industry during 2018-2019 is featured as follows:
Demand: the incremental market demand for MO source is on the wane as LED gets increasingly prevalent; the China-US trade tension which hurts LED industry (over 80% MO source gets used), led to the slowing of global and Chinese demand for MO source in 2018. China demanded approximately 36.9 tons of MO source in 2018, up by 5.1% from the year before, and a year-on-year decrease of 9.2 percentage points.
LED’s demand for MO source will continue to rise in the near future along with the burgeoning markets such as micro LED display, mini LED backlighting, UV-C LED, automotive lighting, and LED lighting with high luminous efficacy. Yet, the wider application of MO source in solar cells, semiconductor lasers and so forth will tend to drag down the demand from LED field.
Price: trimethyl gallium currently consumes a whopping 80% of MO source in the Chinese market so that MO source price is to a great extent affected by gallium metal price. The pickup in gallium metal price from less than RMB1,000/kg in 2017 to RMB1,500/kg in 2018 pushed up trimethyl gallium price to around RMB8,600/kg in 2018.
Competitive landscape: As a kind of strategic materials, the MO source market is highly concentrated and firmly held by Chinese, South Korean, American, European and Japanese manufacturers. In the past two years, mergers and acquisitions among global MO source manufacturers occured frequently, such as the merger of Dow and DuPont, the acquisition of Akzo Nobel by Carlyle, and the acquisition of Chemtura by LANXESS.
Global MO source market was an oligopoly in 2018, with the CR5 being above 85%, of which Nata Opto-electronic occupied the first place with a market share of over 20%.
The report highlights the following: Definition, classification, industry chain, industry characteristics, etc. of MO source; Overview, supply, demand, market structure, etc. of global MO source; Development environment, supply, demand, competitive landscape, market price, etc. of China’s MO source industry; Market size and prices of MO source upstream sectors (gallium, indium, etc.); market size, competitive landscape, etc. of downstream sectors (LED, solar cells, semiconductor lasers, etc.); Operation, MO source business, etc. of 7 foreign and 5 Chinese MO source producers.
Our reports have been used by over 10K customers, including:
Report Scope: This report will cover all the sputtering targets and sputtered films material types that are actively being consumed in various applications. A separate section titled “Market Dynamics” includes detailed descriptions of the recent drivers and restraints in the sputtering targets and sputtered films. The...
The Global Silicon Photomultiplier (SiPM) Market size is expected to reach $190.8 Million by 2027, rising at a market growth of 7% CAGR during the forecast period. A silicon photomultiplier (SiPM) refers to a photodetector that solves the issue of sense, timing, and measuring low-light signals into the single-photon level. These silicon photomultipliers...
The machine vision market is estimated to be valued at USD 11.0 billion in 2021 and reach USD 15.5 billion by 2026, at a CAGR of 7.0%. The major driving factors in the machine vision market is the increasing need for quality inspection and automation, growing demand for vision-guided robotic systems, increasing adoption of vision-guided robotic...
The ultrafast lasers market in APAC is expected to grow from US$ 548.14 million in 2021 to US$ 1,224.83 million by 2028; it is estimated to grow at a CAGR of 12.2% from 2021 to 2028. With government support, several start-ups are entering the market, and many more start-ups are expected to enter the market soon. For instance, in recent years,...
The ultrafast lasers market in Europe is expected to grow from US$ 398.82 million in 2021 to US$ 823.73 million by 2028; it is estimated to grow at a CAGR of 10.9% from 2021 to 2028. Various industries are surely hit by the COVID-19 pandemic; however, there will be an expected rebounding of the economy once the situation normalizes. For instance,...
The ultrafast lasers market in North America is expected to grow from US$ 367.75 million in 2021 to US$ 731.72 million by 2028; it is estimated to grow at a CAGR of 10.3% from 2021 to 2028. Several research and development (R&D) centres are being developed to fasten the advancement in the field of laser technology. Government institutions...
Outsourced Semiconductor Assembly and Testing Market By Service Type (Testing and Assembly), Packaging Type (Ball Grid Array, Chip Scale Package, Multi Package, Stacked Die, and Quad & Dual), and Application (Automotive, Consumer Electronics, Industrial, Telecommunication, and Others): Global Opportunity Analysis and Industry Forecast,...
120 pages •
By Infiniti Research Limited
• Jun 2021
Global Automated Guided Vehicle (AGV) Market 2021-2025 The analyst has been monitoring the automated guided vehicle (AGV) market and it is poised to grow by USD 1.15 billion during 2021-2025, progressing at a CAGR of almost 9% during the forecast period. Our report on the automated guided vehicle (AGV) market provides a...
Since its invention in 1959, photoresist has been the most crucial process material for the semiconductor industry. Photoresist was improved as a key material used in the manufacturing process of printed circuit boards (PCB). In the 1990s, photoresist was used for processing and producing LCD devices, playing an important role in production...
Flat Panel Display
Printed Circuit Board
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.