Market Overview:
The global curing oven for display panel production market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for advanced display panels, such as A-Si TFT-LCD, LTPS TFT-LCD, IGZO TFT-LCD and OLED. Additionally, the growing adoption of smartphones and tablets is also contributing to the growth of this market.
Product Definition:
A curing oven is a type of oven used to cure or dry coatings, adhesives, or other materials. The importance of a curing oven in the production of display panels is that it dries and cures the adhesive material used to attach the polarizing film to the glass substrate. This ensures that the adhesive material is fully cured and will not release from the glass over time, which could cause image distortion on the display panel.
Hot Air Heating:
Hot air heating is a process of generating heat by using hot air. In this process, the heated air is used to heat the materials such as glass and plastics which are utilized in manufacturing display panels. The major factor driving growth for this industry includes increasing demand for energy-efficient solutions that provide better indoor climate control along with reducing overall operational costs.
The technology provides high thermal efficiency, low space requirement.
Infrared IR Heating:
Infrared IR heating and it's usage in curing oven for display panel production market is expected to grow at a significant rate over the forecast period. Infrared heaters are used in infrared cooking which helps to cook food by radiation from invisible infrared rays. The main factor that drives the growth of this industry is increasing demand for consumer electronics products such as smartphones, tablets, laptops and other devices that use display panels made using glass and silicon wafers produced in large quantities.
Application Insights:
The global curing oven for display panel production market, by application, is segmented into A-Si TFT-LCD, LTPS TFT-LCD, IGZO TFT-LCD, and OLED. The A¢â‚¬â„¢Si TFT¢â‚¬ LCD segment dominated the market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to factors such as increasing demand for high resolution displays across end users in various end use industries including medical devices and consumer electronics. Moreover, technological advancements coupled with new product launches are further driving growth of this segment.
A significant increase in demand from smartphone manufacturers has resulted in an increased number of units being shipped during the first quarter of 2018 as compared to previous quarters which indicates a recovery trend post Q1 2018 slump.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for high-quality electronic products with low cost. China and Japan are among the largest producers of curing ovens in this region, owing to their well-established electronics industry. In addition, rising investments in R&D by major global players will drive product adoption across Asia Pacific as well as other regions during the forecast period.
Europe is also estimated to witness significant growth over the coming years due to growing production facilities of display panels and related industries in Germany, Italy, France and U.K., etc.).
Growth Factors:
- Increasing demand for display panels from the electronics industry
- Growing adoption of OLED displays in smartphones and other consumer electronics devices
- Rising demand for large-sized display panels
- Proliferation of 4K and 8K resolution displays
- Increasing investments in the development of advanced display technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Curing Oven for Display Panel Production Market Research Report
By Type
Hot Air Heating, Infrared IR Heating
By Application
A-Si TFT-LCD, LTPS TFT-LCD, IGZO TFT-LCD, OLED
By Companies
AP Systems, YAC DENKO, Showa Iron Works, KOYO, Asia Neo Tech Industrial, C SUN, WONIK IPS, Viatron, Osung LST, YEST Coporation, Shenzhen JT Automation, Shenzhen Jingdao Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Curing Oven for Display Panel Production Market Report Segments:
The global Curing Oven for Display Panel Production market is segmented on the basis of:
Types
Hot Air Heating, Infrared IR Heating
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
A-Si TFT-LCD, LTPS TFT-LCD, IGZO TFT-LCD, OLED
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AP Systems
- YAC DENKO
- Showa Iron Works
- KOYO
- Asia Neo Tech Industrial
- C SUN
- WONIK IPS
- Viatron
- Osung LST
- YEST Coporation
- Shenzhen JT Automation
- Shenzhen Jingdao Technology
Highlights of The Curing Oven for Display Panel Production Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hot Air Heating
- Infrared IR Heating
- By Application:
- A-Si TFT-LCD
- LTPS TFT-LCD
- IGZO TFT-LCD
- OLED
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Curing Oven for Display Panel Production Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Curing oven is used in the production of display panels. It is a special type of oven that is used to cure the adhesive on the backside of LCD displays.
Some of the major players in the curing oven for display panel production market are AP Systems, YAC DENKO, Showa Iron Works, KOYO, Asia Neo Tech Industrial, C SUN, WONIK IPS, Viatron, Osung LST, YEST Coporation, Shenzhen JT Automation, Shenzhen Jingdao Technology.
The curing oven for display panel production market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Curing Oven for Display Panel Production Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Curing Oven for Display Panel Production Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Curing Oven for Display Panel Production Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Curing Oven for Display Panel Production Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Curing Oven for Display Panel Production Market Size & Forecast, 2020-2028 4.5.1 Curing Oven for Display Panel Production Market Size and Y-o-Y Growth 4.5.2 Curing Oven for Display Panel Production Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hot Air Heating
5.2.2 Infrared IR Heating
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 A-Si TFT-LCD
6.2.2 LTPS TFT-LCD
6.2.3 IGZO TFT-LCD
6.2.4 OLED
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Curing Oven for Display Panel Production Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Curing Oven for Display Panel Production Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hot Air Heating
9.6.2 Infrared IR Heating
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 A-Si TFT-LCD
9.10.2 LTPS TFT-LCD
9.10.3 IGZO TFT-LCD
9.10.4 OLED
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hot Air Heating
10.6.2 Infrared IR Heating
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 A-Si TFT-LCD
10.10.2 LTPS TFT-LCD
10.10.3 IGZO TFT-LCD
10.10.4 OLED
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hot Air Heating
11.6.2 Infrared IR Heating
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 A-Si TFT-LCD
11.10.2 LTPS TFT-LCD
11.10.3 IGZO TFT-LCD
11.10.4 OLED
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hot Air Heating
12.6.2 Infrared IR Heating
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 A-Si TFT-LCD
12.10.2 LTPS TFT-LCD
12.10.3 IGZO TFT-LCD
12.10.4 OLED
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hot Air Heating
13.6.2 Infrared IR Heating
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 A-Si TFT-LCD
13.10.2 LTPS TFT-LCD
13.10.3 IGZO TFT-LCD
13.10.4 OLED
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Curing Oven for Display Panel Production Market: Competitive Dashboard
14.2 Global Curing Oven for Display Panel Production Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AP Systems
14.3.2 YAC DENKO
14.3.3 Showa Iron Works
14.3.4 KOYO
14.3.5 Asia Neo Tech Industrial
14.3.6 C SUN
14.3.7 WONIK IPS
14.3.8 Viatron
14.3.9 Osung LST
14.3.10 YEST Coporation
14.3.11 Shenzhen JT Automation
14.3.12 Shenzhen Jingdao Technology