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Sales Upsurge for Display and Signage Revs up the LCD and OLED Manufacturing Equipment Market Finds Frost & Sullivan - With escalating demand for larger fabs of Gen 8, Gen 8.5 and Gen 10, the liquid crystal display (LCD) and organic light emitting diode (OLED) manufacturing equipment market has witnessed a growth spur
Sales Upsurge for Display and Signage Revs up the LCD and OLED Manufacturing Equipment Market Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Mountain View, CA, United States, 2011/03/31 - With escalating demand for larger fabs of Gen 8, Gen 8.5 and Gen 10, the liquid crystal display (LCD) and organic light emitting diode (OLED) manufacturing equipment market has witnessed a growth spur.

   
 
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The market will continue its upward growth trajectory through 2011, with the majority of demand stemming from the Gen 8 and Gen 8.5 segment. Burgeoning sales of LCD TVs, smartphones and advertising screens is triggering high uptake of LCD manufacturing equipment.

During 2010, TFT-CD fab expansions had boosted LCD equipment adoption. The intensifying focus on energy efficiency and the gravitation toward environment-friendly products will accelerate demand for OLED displays over the next 3-5 years.

New analysis from Frost & Sullivan (smt.frost.com), LCD and OLED Manufacturing Equipment Market, finds that the market earned revenues of $ 7300.3 million and $ 136.7 million respectively in 2009 and estimates this to reach $ 18,182.5 million and $ 702.7 million in 2017.

If you are interested in a virtual brochure for this study, please send an email to Sarah Saatzer, Corporate Communications, at sarah.saatzer[.]frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

"The tangible advantages of OLED technology, such as sharper images and better contrast ratios, crisp colors and faster refresh rates compared to any existing display technology will be a key driver," says Frost & Sullivan Research Analyst Lavanya Rammohan. "OLED also offers consumers better energy management, as the whole system functions at optimal power and is of organic substrate."

As the benefits of OLED displays become more prominent, the demand for OLED manufacturing equipment will witness a hike in the next 3-7 years. Technology innovations, better functionality and falling price are expected to keep up the tempo of demand for OLED displays in mobile phones. The market also expects to benefit from increasing demand for OLED displays used for signage.

Deposition and patterning of large substrates remain major impediments for LCD and OLED manufacturing equipment providers. The use of large substrates complicates the deposition process and incurs high capital costs in terms of material deposition and relevant technical issues with throughput and uniform deposition.

Greater emphasis on design and prototyping will continue to revolutionize the display manufacturing equipment markets. As the consumer industry continues to witness increasing panel sizes, the deposition with high accuracy and throughput (without affecting integrity of material in the OLED market) will be a key challenge.

"LCD and OLED equipment manufacturers are constantly improving design and functionality of equipment to help overcome deposition challenges and battle bottlenecks," says Rammohan. "They are venturing into open collaboration with customers and creating product roadmaps that enable scalability for future generations of display manufacturing."

Innovative deposition techniques, testing and other processes are expected to spike customer interest and elevate purchasing levels. Going forward, there will be increased collaboration between material providers, display manufacturers, equipment providers and technology enablers to optimize material performance and lifetime. Constant innovation of manufacturing processes will be imperative to balance the relentless price pressures that display manufacturers confront.

LCD and OLED Manufacturing Equipment Market is part of the Surface Mount Technologies Growth Partnership Service program, which also includes research in the following markets: Global EMS Provider Market for the Medical Device Industry, World EMS Provider Market in the Aerospace and Defense Industry, Evolving Political and Economic Environment in the United States and its Impact on the Electronic Manufacturing Services Industry and EMS Provider Regional Migration Opportunities. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

LCD and OLED Manufacturing Equipment Market / N8D7

 
 
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Sales Upsurge for Display and Signage Revs up the LCD and OLED Manufacturing Equipment Market Finds Frost & Sullivan

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