2023 Equipment Spending Outlook Worsens, But Bookings Will Boom on 2024 Rebound

Published May 30, 2023

Display manufacturers continue to push out spending as market conditions remain weak. Panel manufacturers are primarily targeting the high end of the IT (notebook PCs, tablets and monitors) market with new investments, but with those markets currently seeing significantly lower demand, a number of manufacturers are pushing out their spending. Our latest Quarterly Display Capex and Equipment Market Share Report downgraded 2020-2026 spending by 3% to $62B with OLEDs down 8% and LCDs up 4% over that period. By year:

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Written by

Ross Young