Counterpoint Research has expanded its global display capex outlook period from 2028 to 2030, starting this quarter. Overall, OLED spending is expected to account for 67% of total global display equipment spending from 2023 to 2030, while LCD is forecast at 30% and Micro-OLED at 2%.

According to Counterpoint Research’s Quarterly Display Capex and Equipment Market Share Report, Q1 2026, total global display equipment spending in 2026 is projected to increase 32% YoY. Within this, LCD is expected to decline 45% YoY, while OLED is forecast to grow 68% YoY. This upswing in OLED is expected to be driven primarily by G8.7 IT OLED initiatives, including from BOE B16, China Star t8 and Visionox V5.

While the planned G10.5 LCD investment in India by Adani Group and Foxconn has been cancelled, HKC’s expected G9.x (3370×1940 mm) LCD project will likely lift LCD in 2028. In parallel, incremental equipment spending related to new G6 smartphone OLED technologies is also expected to continue.

Display Equipment Capex by Technology

Associate Director Jayden Lee said, “Deposition methods for G8.7 OLED* are now determined across major display makers. Samsung Display (SDC) and BOE have selected fine metal mask (FMM), Visionox and LG Display have confirmed photo-patterned (mask-less) OLED, and China Star has finalized RGB inkjet printing. SDC and BOE, which are adopting FMM, plan to enter mass production within this year, while Visionox and China Star expect equipment move-in to begin from Q4 2026.”

*G8.7 (2290x2620 mm) OLED pixel formation methods

· Fine Metal Mask (FMM)
: A mainstream approach in which organic materials are heated under vacuum to evaporate and are deposited through an ultra-thin metal mask to form RGB sub-pixels.

· Photo-Patterned (or “mask-less”) OLED: A method that avoids FMM by using photolithography-based patterning to define pixel structures, enabling deposition without an FMM.

· RGB Inkjet Printing
: A technique that dispenses OLED materials in liquid form through inkjet nozzles to build RGB pixels via solution processing.

Counterpoint Research’s Display Equipment Spending Service

Counterpoint Research’s Quarterly Display Capex and Equipment Market Share Report tracks the technologies utilized across the display equipment sector, covering OLED, LCD and Micro-OLED fab schedules, OLED and LCD capacity, LCD, OLED and Micro-OLED equipment market sizes, and forecasts and shares for 80 different segments. In addition, all design wins and units by fab by equipment type are tracked, with quarterly revenues provided for over 130 different display equipment suppliers. The Excel report is paired with an insights report providing context around the numbers, supply chain insights and typical process flows for each major process.

About Counterpoint Research

Counterpoint Research is a global market research firm specializing in products across the technology ecosystem. We advise a diverse range of clients – from smartphone OEMs to chipmakers and channel players to Big Tech – through our offices located in the world's major innovation hubs, manufacturing clusters and commercial centers. Our analyst team, led by seasoned experts, engages with stakeholders across the enterprise – from the C-suite to professionals in strategy, analyst relations (AR), market intelligence (MI), business intelligence (BI), product and marketing – to deliver services spanning market data, industry thought leadership and consulting. Our core areas of coverage include AI, Automotive, Consumer Electronics, Displays, eSIM, IoT, Location Platforms, Macroeconomics, Manufacturing, Networks and Infrastructure, Semiconductors, Smartphones and Wearables. Visit our Insights page to explore our publicly available market data, insights and thought leadership, and to understand our focus, meet our analysts and start a conversation.