DSCC updated its forecast for display equipment spending, saying that in 2018 OLED spending is expected to fall 28% compared to 2017 to $10.8 billion (while LCD spending will grow 22% to $11.4 billion). China-based display makers will account for 90% of all display related equipment spending in 2018.
2019 will see another down year for OLED spending that will drop 31% to $7.4 billion (LCD spending is also expected to fall by 32%). Chinese display makers will again lead in spending (77% of the market).
Looking further ahead, LCD spending is expected to continue the decline, but OLED spending will start picking up in 2020 as DSCC sees a strong demand for additional OLED capacity, as OLEDs will start and penetrate new markets such as tablets, notebooks and automotive applications.
