On April 4, Changchun Haibrunsi Technology Co., Ltd. submitted a prospectus on the Growth Enterprise Market of Shenzhen Stock Exchange, making a comprehensive analysis of the development situation and future development trend of OLED industry.
OLED is an organic light-emitting diode. Unlike LCD panels, which light up the pixels through a backlit light source, OLED panels use a self-lighting technology that allows individual pixels to light up through pixel-by-pixel control. OLED has become the mainstream display technology after CRT, PDP and LCD due to its ultra-high contrast ratio, more delicate and realistic colors, wide viewing Angle, thin shape and wide temperature operation. According to the different driving mode, OLED can be divided into passive drive (PMOLED) and active drive (AMOLED). PMOLED has simple structure and high driving voltage, which is suitable for low resolution panel, such as industrial control dial, etc. Due to its complex technology, low driving power and long service life, AMOLED is suitable for high resolution panels, such as mobile phones, TVS, computers, tablets, VR devices and vehicle displays. AMOLED is the mainstream technology of OLED panel, which is as follows:
The upstream of OLED display industry mainly includes equipment manufacturing (development, inspection, coating, testing, packaging, etc.), material manufacturing (OLED evaporation materials, substrate materials, etc.) and assembly parts (driving IC, circuit board and passive components). The middle stream is OLED panel manufacturing, and the downstream is OLED terminal application. Including mobile phones, tablets, OLEDTV, wearable devices and other display fields. The industrial chain of OLED display industry is shown in the figure below:
From the perspective of application field, the demand side of OLED display panel shows a trend of common development of multiple application scenarios, such as computer, tablet and wearable device, with mobile terminal devices as the main. According to the statistics of China Business Industrial Research Institute, among the downstream application fields of OLED panels, the mobile OLED market dominated by wearable devices such as smartphones and smartwatches accounts for nearly 80%, among which smartphones account for about 73%, making it the largest OLED application market at present. In the future, with the improvement of market recognition, the application proportion of OLED screen in TV and wearable devices will increase year by year.
In 2021, global OLED panel shipments reached 935 million, a year-on-year growth of more than 28% compared to 2020, a much higher growth rate than LCD panel shipments. According to Omdia, global OLED panel shipments are expected to exceed 1 billion in 2022. As the permeability of downstream OLED panels increases, the proportion will exceed 25% in 2022.
According to IDTechEx and Omdia, the global OLED panel market is estimated to be around $42 billion in 2021, up 35% year on year, and global OLED panel revenue is expected to grow to $47.2 billion in 2023.
Gestant Display Technology Co.,Ltd. could provide a series of LCD and OLED products, such as AMOLED Screen, PMOLED Screen, Round Display Screen, Flexible Display Screen, TFT LCD, Mono-LCD and Bar Display Screen. Customize PCBA/LCD/OLED/FPC/Backlight/Coverlens/TP solutions.
Gestant Display Technology Co.,LTD was founded in 2012 in Shenzhen China. Even, the founder of the company, has more than 15 years of rich experience in LCD display industry. He has been engaging in the basic research of LCD display technology in Japan since his graduate school and has been working in the flat panel display industry after graduation.
Proficient in the manufacturing process and technology development of LCD / OLED / polarizer, Even was also one of the members of China liquid crystal Association who has a senior industry background and supply chain resources. In the past three years, he assisted his shareholders in building factories, purchasing equipment，establishing production lines, and successfully obtaining ISO9001 and ISO14001 system certificates.
He has established good business relations with major panel manufacturers in China (BOE /Tianma / IVO /EDO / Visionox), and the glass supply is stable and sufficient.
Gestant Display's products are widely used in Smart wear，Smart home，Outdoor photography，IP phones, Medical care, Industrial control equipment, Automotive and Vehicle displays, Instrumentation, and other Information terminal applications which could offer long-term after-sale services(such as 2 years quality warranty, long-term supply) .