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After peaking near $21 billion of revenue in 2017, the market for capital equipment used to manufacture OLEDs and LCD panels has suffered from continuous annual declines as the flat panel display (FPD) industry has matured. This trend is culminating in 2023, with FPD equipment revenues declining 71% to a record low of just $3.1 billion. However, Omdia's recently released OLED and LCD Supply Demand and Equipment Tracker reveals the market is expected to rebound with 153% growth to $7.8 billion in

South koreaFasiha khanCharles annisOmdia display research practice leaderChina starSamsung displayDisplay research practiceInforma tech