Organization: by 2024, the market scale of testing equipment in China’s new display industry will exceed 9.2 billion yuan

According to CINNO Research, a market research firm, the Chinese mainland accounted for 55% of the world’s TFT-LCD capacity in 2020, the first time to exceed half of its capacity, while AMOLED production capacity is expected to reach 52% of the world’s total in 2024. The agency predicts that with the new construction and expansion of TFT-LCD in 2022, it will drive the small growth of the market scale of this part of equipment; With the construction of TFT-LCD and AMOLED plants in 2022, the new construction and expansion will drive the market of new display industry in Chinese mainland to reach 9 billion 200 million yuan in 2024. The market scale of Cell/Module optical inspection equipment will reach 2 billion 600 million yuan in 2024.