The launch of the Apple Vision Pro headset drives demand for Micro OLED panels. According to Ross Young, CEO of DSCC, 2024 is expected to be the peak year for Micro OLED factory spending in the near term due to the rapid development of the market and strong demand.
DSCC predicts that Apple plans to select a second Micro OLEDsupplier from China in mid-2024 to boost competition, reduce panel costs and increase production.
The report also shows that between 2020 and 2026, China is expected to account for 85% of Micro OLED equipment spending, ensuring that Micro OLED can compete with other display technologies and gain a high market share.
Micro OLED Equipment Expenditure (Source: DSCC)
At the same time, BOE, Zhongxing Optoelectronics, Samsung Display and other panel suppliers are also actively investing in Micro OLED equipment, so these three are likely to be the main Micro OLED panel suppliers.
However, in terms of total display equipment spending in 2020-2026, due to the cancellation of Japan Display's (JDI) G6 eLEAP OLED panel plant, and the extension of BOE, LGD and Visionox's G8.7 IT OLED panel plant, DSCC lowered its outlook by 3.5% to $67 billion. Spending is expected to grow 49% to $7.6 billion in 2024 and fall 19% to $6.2 billion in 2025.
In the supplier segment, Canon (including Tokki and Anelva) leads with 10% of the market, followed by Applied Materials (8%) and Nikon (4%), so these three are the main suppliers of Micro OLED equipment. Of the top 15 suppliers, six are from Japan, four from China, three from South Korea and two from the United States.
Display Equipment Expense Expectations (Source: DSCC)
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.
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