25 May 2022
Aixtron expands MOCVD market share to 75% in 2021
Deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany says that it was able to expand its market share in metal-organic chemical vapor deposition (MOCVD) in 2021 and is the largest supplier of MOCVD tools worldwide for the sixth consecutive year. According to the report ‘Semiconductor Wafer Fab Equipment, Worldwide, 2021’ issued in April 2022 by market research firm Gartner, Aixtron held a 75% share of the market, while competitors from China and the USA had significantly lower market shares of 14% and 11%, respectively. At the same time, the global market for MOCVD tools grew by 28% from $438m in 2020 to $561m in 2021.
Aixtron’s equipment is used in the production of power semiconductors made of gallium nitride (GaN) or silicon carbide (SiC), lasers for 3D sensing and optical data communication, and in the production of red LEDs. Increasingly, it is also being used in the manufacture of micro-LEDs. The firm notes that its growth is being driven by the megatrends of sustainability, digitalization and electrification.
“Aixtron has put a clear focus on MOCVD technology for compound semiconductors in the last years,” notes CEO Dr Felix Grawert. “These devices offer immense advantages over traditional silicon-based semiconductors,” he adds. “As a result, the devices produced on our equipment are conquering more and more new areas of application. This opens up significant growth areas for us - over many years and across our entire technology portfolio.”
Aixtron grows revenue 59% and orders 65% in 2021, driven by power electronics