DSCC says that in 2018 OLED display equipment spending fell 7% compared to 2017 to reach $12.5 billion. In 2019, DSCC predicts that OLED spending will fall a further 59% as poor mobile OLED fab utilization is still low.

Display equipment spending (2016 - 2023, DSCC)Looking further in 2019, DSCC sees OLED spending to rebound by 111% to $10.9 billion (still quite lower than in 2017) but drop 40% again in 2021 - to only $6.2 billion.

Most of the growth in the next few years will come from OLED TV production. DSCC sees the OLED industry capacity growing at 24% CAGR from 2018 to 2023. In 2023 OLED production capacity will reach 12% of the total display capacity.

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