Vacuum, solution and extrusion web-coating technology is making the next generation of flexible displays possible, leading to a global market of $75 billion by 2027. That was a key takeaway from Dr. Jennifer Colegrove’s opening keynote presentation at last month’s SVC TechCon 2019 in Long Beach, CA. Colegrove, CEO and principal analyst with Touch Display Research, covered how everything from touch screens, OLED and LCD displays, and smart windows are going through dynamic change and rapid growth.
Here are some Converting Curmudgeon
“bullet points of interest:”
- The global display market overall will grow from about $150 billion last year to $228 billion by 2028. OLEDs will make up about one-third of the market with about $75 billion in revenue in 2028.
- OLED stacks typically include 10 or more layers that rely on vacuum web coating to be manufactured, using PVD and CVD methods, with barrier substrates or thin-film encapsulations holding it all together.
- OLED’s Future: Advanced TVs need several merits such as Gen 10 fabrication; foldable OLED smartphones will decrease in price over the next few years; and more than 20 flexible OLED plants are predicted for China by 2021.
- The flexible, curved and foldable display market will climb from about $20 billion this year to $75 billion in 2027, with their share of the overall display market rising from 10% today to 40% in the next eight years.
- Over 10 different types of displays could be made flexible, from electrophoretic (e-paper), OLED and LED displays to conventional LCDs, electrofluidic and plasma.
- Touch panels will become a $44 billion global market by 2024, growing 37% from about $32 billion last year. Trends include replacements for ITO, foldable screens, active pens and more applications in automotive, retail and ticketing.
- After some hesitation and technical delays, the smart-window industry is poised to take off in 2020.