Omdia: Flat panel display manufacturing equipment market is forecast to bottom out in 2023, and recover with 153% growth in 2024
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 […]
