QY Research has come up with a new report on the global Fine Metal Mask (FMM) market. In 2019, the global Fine Metal Mask (FMM) market size was increased to US$ 472.60 million from US$ 101.05 million in 2015, and it will reach US$ 3657.03 million in 2026, growing at CAGR of 34.35% between 2020 and 2026.
Fine Metal Mask (FMM) is a metal material board that is thinner than paper, and is a consumable core component for the production of organic light-emitting diode (OLED) displays. FMM has many microscopic holes that are invisible to the naked eye. Its main role is to deposit RGB organic substances and form pixels during the AMOLED production process to ensure the resolution and yield of the panel. It is a core and challenging technology in the production of UHD displays, and it is expected to have high growth potential as a new market in the future.
Global Fine Metal Mask (FMM) Market- Key Players
Dai Nippon Printing (DNP), Toppan Printing co., ltd, Darwin, Sewoo incorporation, Poongwon, Athene are engaged in the industry. Due to the high technology barrier, there are only a few manufacturer globally at the moment. The industry is highly concentrated. Dai Nippon Printing (DNP) and Toppan Printing dominate the market, with 41.00% and 22.91% production share respectively in 2019.
FMM has become a bottleneck in the supply of AMOLED panels due to the manufacturing technology challenges posed by increasing resolutions and a limited supply base. As pixels per inch (PPI) increase, thinner FMMs with finer dimensions are required, which reduce mask production yield and useable lifetime.
Global Fine Metal Mask (FMM) Market: Application Analysis
The global Fine Metal Mask (FMM) market has been broadly segmented based on design, application, and region. According to the research study, In 2020, Etching accounted for a major share of 92.29% the global Fine Metal Mask (FMM) market, this product segment is poised to reach US$ 3274.75 Million by 2026 from US$ 573.86 Million in 2020. Based on application, the Smartphone holds an important share, and it is expected to US$ 3360.14 Million by 2026.
Recently, the foundation stone laying ceremony of China's first metal mask panel production-study-comprehensive production line invested by SDAL Electronic Technology Co., Ltd. was held in Rizhao. Metal masks are consumable core components required for OLED production and have long been monopolized by Japanese and Korean companies. Experts in the industry believe that the mass production of metal masks means that breakthroughs have been made in core components of the OLED industry, which will change the situation of China's OLED industry being controlled by others.
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