According to the new market research report “OLED Mask Tension Machine- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global OLED Mask Tension Machine market size is projected to reach USD 0.1 billion by 2030, at a CAGR of 21.5% during the forecast period.
- Global OLED Mask Tension Machine MarketSize(US$ Million), 2019-2030
Source: QYResearch, "OLED Mask Tension Machine- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global OLED Mask Tension Machine Top5Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "OLED Mask Tension Machine- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of OLED Mask Tension Machine include Hims, Hansong Neotech, SINTO, Shuz Tung Machinery, KPS, etc. In 2023, the global top four players had a share approximately 98.0% in terms of revenue.
Market Drivers:
D1: The OLED panel industry and the FMM equipment market are closely connected as a whole. The rise of OLED panel manufacturers drives the development of FMM and other supporting facilities. In the coming 5G era of interconnection, many smart phones, smart homes, smart TVs, smart watches and other electronic products are slowly beginning to adopt OLED screens on a large scale, so in the future they can achieve ultra-thin, low power consumption, and color saturation. Flexible OLED screens with high and high contrast have great advantages. The growing downstream market will greatly promote the development of the OLED Mask Tension Machine market.
D2: The current international situation is severe. The trade war led by the Sino-US trade war has brought great instability to the entire international market, which has also promoted countries to become more aware of the necessity of localization of the industrial chain and independently research and develop FMM related equipment. Take China as an example. Currently, China is encouraging the development of FMM, and FMM has been included in the "Guiding Catalog of Key Products and Services for Strategic Emerging Industries." With the deepening of globalization, the international market shows a high consumption trend for the Fine Metal Mask (FMM) for OLED Displays market, so the international market of the industry has high development potential. Especially in the Chinese market, China has not yet Achieve large-scale mass production, but the market has the greatest demand for FMM and related equipment.
D3: To reduce costs and pollution, governments from several nations have concentrated on implementing lighting systems based on OLED technology. The global market is expanding due to different nations' favourable attitudes regarding the use of OLED lighting technology. For example, the government of Germany provides grants to towns so they may install modern OLED lighting in publicly held assets like outdated street lighting. The Middle East Lighting Association (MELA), an international nonprofit organisation founded by a collaboration between Gulf Advanced Lighting, Osram, Philips Lighting, and Tridonic, is also present in the Middle Eastern nations. In order to assist lawmakers in the Middle East in developing and enforcing policies, standards, and regulations for lighting-related goods and services, MELA also works to represent the interests of the top lighting product manufacturers in the area. The group is also committed to promoting energy-efficient lighting practises for the protection of the environment, human comfort, and consumer health and safety. As a result, the growing number of government requirements and efforts encouraging the use of OLED lighting systems has a substantial positive impact on the worldwide OLED market's expansion.
About Analyst
Chirs Ma - Main Analyst of this Article
Email: maciqiang@qyresearch.com
Mr. Ma has 9 years of industry research experience, focusing on mechanical equipment, medical beauty and health, semiconductor equipment and other fields. Some of his in-depth research topics include semiconductor etching equipment, hyaluronic acid-based skin fillers, industrial hoses, slip rings, EMS and ODM, etc.
About QYResearch
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