Description
This technology-marketing report examines and projects the technologies involved in the fabrication of OLEDs and Liquid Crystal Displays (LCD). This report discusses the technology trends, products, applications, and suppliers of materials and equipment. A market forecast for display equipment and materials is presented. Markets for OLED and LCD displays are forecast, and market shares suppliers of these displays is presented.
In this report, we look at the competitive challenges that OLED display technology faces from mini-LED and micro-LED over the next few years. The key visual quality and performance qualities that we believe disruptors will continue to focus on include color gamut, power consumption, and display longevity. We believe mini-LED represents more of an evolution of existing LCD display technology in that a mini-LED array could serve as an alternative backlight source for the existing range of application, while the development progress in quantum dot (QD) emissive displays and microLED displays position those technologies to be potential disruptors in the premium display market segment over the next 2 to 5 years. In the meantime, we expect OLED displays as enabled by Universal Display will continue to be the premium display technology of choice in the mobile, smart watch, and TV markets for the foreseeable future.
Amid the sluggish LCD market, Chinese panel makers are expected to gradually scale back their LCD investments. This capex shift from LCD to OLED reflects the direction of demand. We expect global panel makers to continue to expand their flexible OLED investments, given the strong demand outlook. Top-tier players like Samsung Display are expected to expand capex gradually while aiming to reduce costs and improve panel form factor. Second-tier (including Chinese) panel makers are also likely to expand capex, with an eye toward attracting new customers (market share gains) and ending the depreciation of existing lines earlier than planned.
OLED and LCD Markets: Technology, Directions and Market Analysis
TABLE OF CONTENTS
Chapter 1. Introduction
Chapter 2. Executive Summary
2.1. Introduction
2.2. Market Opportunities
Chapter 3. Profiles of LCD Companies
3.1. Equipment Manufacturers
3.2. Material Manufacturers
3.3. LCD Manufacturers
Chapter 4. Profiles of OLED Companies
4.1. Equipment Manufacturers
4.2. Material Manufacturers
4.3. OLED Manufacturers
Chapter 5. OLED Equipment Requirements And Trends
5.1. Introduction
5.2. Evaporation
5.3. Encapsulation
5.3.1. Chemical Vapor Deposition Technology
5.3.2. Atomic Layer Deposition Technology
5.3.3. Ink Jet
5.3.4. Other Encapsulation Methods
Chapter 6. LCD Equipment Requirements And Trends
6.1. Introduction
6.2. Microlithography
6.2.1. Proximity Printing
6.2.2. Scanning Projection
6.2.3. Step-and-Repeat
Image Field Stitching
Overlay
6.3. Deposition
6.3.1. CVD
6.3.2. Sputtering
6.4. Rapid Thermal Processing
6.5. Etch/Strip/Clean
6.5.1. Etching
Plasma Etching
Wet Chemical Etching
6.5.2. Photoresist Stripping
6.5.3. Cleaning
6.6. Inspection/Test Systems
6.7. Repair
Chapter 7. OLED Material Requirements and Trends
7.1. Introduction
7.2. Material Trends
7.3. Flexible Substrates
7.3.1. Foldable Smartphones
7.3.2. Solution Polyimide
7.3.3. Metal
Chapter 8. Material Requirements and Trends
8.1. Substrates
8.1.1. Material Types
8.1.2. Quality Issues
8.1.3. Trends
Larger Substrates
Thinner Substrates
Better Surface
Manufacturers
8.2. Liquid Crystals
8.3. Alignment Layer
8.3.1. Material Properties
8.3.2. Alignment Methods
8.3.3. Material Trends
8.4. Color Filters
8.4.1. Materials
8.5. Polarizer Films
8.5.1. Material Properties and Trends
8.6. Backplanes
8.6.1. Amorphous Silicon
8.6.2. LTPS
8.6.3. IGZO
Chapter 9. Display Market Forecast
9.1. Getting To Market
9.2. Market Forecast Assumptions
9.3. LCD Market Forecast
9.3.1. Market Trends
9.3.2. Market Forecast
9.4. OLED Display Market Forecast
Chapter 10. Equipment Market Forecast and Trends
10.1. Lithography
10.2. Plasma Etching and Stripping
10.3. Thin Film Deposition
10.4. Wet Etching and Cleaning
10.5. Photoresist Processing
10.6. Inspection/Repair
10.7. Total Equipment Market
10.8. LCD and OLED Capex
Chapter 11. Materials Market Forecast and Trends
11.1. OLED Materials Market
11.1.1. Introduction
11.1.2. Deposition Methods
11.1.3. Inkjet Materials
11.1.4. Residue Cleaning
11.2. Materials Market
11.2.1. Glass Market
11.2.2. Gases Market
LIST OF FIGURES
6.1. Schematic of Step-and-Repeat Aligner
6.2. Schematic of Hot-Wall LPCVD Reactors
6.3. Schematic of PECVD Techniques
6.4. Diagram of Magnetron Sputtering Source
6.5. Diagram of Rapid Thermal Processor
6.6. Process Flow for Cell/Module Inspection
7.1. Foldable Smartphone OLED Stack
7.2. Fabrication of Planarized Stainless Steel Foil By Roll-To-Roll Process
7.3. Schematic of CMP Technology
8.1. Illustration Of Typical Liquid Crystal Phases
8.1. Comparison of Color Filter Methods
9.1. Worldwide Large Panel Display Market Forecast
9.2. Worldwide Large-Size TFT Shipments By Region
9.3. Output from 10.5G Plants
9.4. Foldable Smartphone Shipments
10.1. Worldwide TFT-LCD Equipment Market Growth
11.1. OLED Structure
11.2. Market Shares Of Suppliers For ETL Layer
11.3. Market Shares Of Suppliers For Red Materials
11.4. Market Shares Of Suppliers For Green Materials
11.5. Market Shares Of Suppliers For Blue Materials
11.6. Market Shares Of Suppliers For HTL Layer
11.7. Market Shares Of Suppliers For HIL Layer
11.8. Glass Output by Supplier
11.9. Glass Output Market Share
11.10. Electronic Specialty Gases (ESGS) Market
11.11. Electronic Bulk Gases (EBGS) Market
11.12. Gases Used To Manufacture Displays
LIST OF TABLES
6.1. Investment for Large-size TFT-LCD Panel Plants
6.2. Causes of Defects in TFT LCD Manufacturing
7.1. Specification Comparison For Rigid, Flexible And Foldable OLED Panels
8.1. Desired Nematic LC Material Characteristics
8.2. Characteristics of Aligning Materials
9.1. Worldwide LCD Display Market Forecast
9.2. Major LCD Panel Makers Market Share
9.3. Major LCD Panel Makers Capacity
9.4. China LCD Panel Makers Capacity
9.5. Oversupply Ration Scenario Large TFT Panel
9.6. OLED Capacity by Factory
9.6. OLED Display Market Forecast by Applications ($M)
9.7. OLED Display Market Forecast by Applications (M2)
9.8. Monthly Global TV Shipments
9.9. OLED Display Market Forecast For Smartphones
9.10. OLED Oversupply Calculations
10.1. Worldwide TFT-LCD Stepper/Scanner Market Forecast
10.2. Worldwide Forecast of TFT-LCD Plasma Etching Systems
10.3. Forecast of Worldwide TFT-LCD Thin Film Deposition Equipment Market
10.4. Forecast of Worldwide TFT-LCD Wet Etching and Cleaning Equipment Market
10.5. Forecast of Worldwide TFT-LCD Photoresist Processing Equipment Market
10.6. Forecast of Worldwide TFT-LCD Inspection/Repair Equipment Market
10.7. Forecast of Worldwide TFT-LCD Equipment Market
10.8. Worldwide Equipment Market Shares
11.1. Market Forecast of OLED Materials
11.2. Material/Component Breakdown For LCD And OLED TV
11.3. Glass Shipment Forecast by Factory
