Core Viewpoint - The global display equipment spending is projected to reach $75.8 billion from 2020 to 2027, driven by increasing demand for OLED and LCD displays across various industries including IT, automotive, and mobile devices [4][5]. Group 1: Market Trends - The major technology driving capital expenditures is OLED, followed by LCD and Micro-OLED. By 2025, OLED-related equipment spending is expected to grow by 31%, while LCD spending is projected to decline by 45% [6]. - From 2025 to 2027, OLED is anticipated to account for 80% of total investments, with LCD's share dropping to just 17% [6]. Group 2: Technological Developments - Most manufacturers with 6th generation OLED production lines are expanding to 8.7 generation without changing deposition methods, benefiting from stable yields and advancements in Fine Metal Mask (FMM) technology [7]. - Chinese manufacturers are exploring alternatives to FMM technology, with companies like Visionox and Huaxing Optoelectronics adopting new deposition methods such as photopatterned OLED and RGB inkjet OLED [9]. Group 3: Competitive Landscape - Canon, including Tokki and Anelva, is expected to continue leading the display equipment market, with a projected revenue growth of 9% by 2025, capturing a market share of 12% [11]. - The market share of Applied Materials is expected to slightly decline to 9%, while Nikon's market share is anticipated to decrease with a projected revenue drop of 22% this year [14]. - The display equipment supply chain is lengthy and fragmented, with 170+ manufacturers tracked. The competitive landscape is shifting due to geopolitical changes and the rise of local Chinese suppliers [14]. Group 4: Industry Insights - The report covers progress in OLED, LCD, and Micro-OLED production lines, market sizes, shares, and forecasts, along with quarterly revenues of over 130 display equipment suppliers [18].