Veeco: MOCVD Demands to Catch on Rising LED Lighting Trends in 2014

LED industry will be able to overcome the oversupply glut over the last few years in 2014, as it hops onto lighting’s growing trend, according to estimations by Veeco. Epistar Chairman B.J. Lee projected earlier the LED supply and demand situation will gradually ease in 2014, and LED manufacturers are also optimistic about lighting developments in 2014. Large MOCVD manufacturers such as Veeco are also optimistic about a new generation of MOCVD equipment demands spurred by LED lighting growth.

According to market estimations, the LED lighting market will grow at an average rate of 25 percent in 2014 to US$ 5.70 billion from US$ 4.59 billion in 2013. The industry is currently in a flourishing stage for LED and Solid State Lighting (SSL), noted Veeco. LED chip and demands are transiting from mainly BLU-Backlight Module (BLU) to high growth SSL. The transition is expected to spur SSL lighting demands. Product quality and efficiency are also important in the process of lowering LED costs. While MOCVD equipment development will be further propelled by market size and demands. 

Veeco will be holding a media conference in Taiwan on Feb. 11, 2014. Jeffrey Pina, Senior Director, Marketing, Veeco will be attending the conference and sharing his insights on new development trends in the LED manufacturing industry, and SSL affects. Pina will also explain how Veeco plans to expand in the SSL market, especially how it will become an industry leader with its MOCVD system. Another topic to will be discussed at the conference will be how Veeco will help Taiwanese clients to become successful in the face of new market opportunities in Asia. 

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

The recent outbreak of COVID-19 has prompted the large-scale search for practical solutions that can prevent the spread of the deadly virus — from researchers and scientists committed to finding a solution, to the manufacturers and consu... READ MORE

Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE