The LCD equipment market is declining year by year since 2018. It is expected to decline by 4.8 billion U.S. dollars in 2020 (excluding the service market). In the period of 2020 to 2022, the LCD equipment market will be expanded with the current 10.5/11 generation production line in mainland China. It mainly depends on the improvement demand for capacity, efficiency, and yield rate and there is no demand for new plant construction plans. Due to the US-China trade war, the demand for OLED equipment in 2019 has fallen sharply. In 2020, the demand for OLED equipment rebounds again, with estimation of 8.72 billion US dollars (excluding the service market). Although there will be changes and adjustments in 2021, the market will be mainly on the OLED equipment demand in the next few years. Mainland China is the largest display equipment market, accounting for more than 70% of the demand scale and followed by South Korea.