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Fine Metal Mask (FMM) is used for depositing RGB and electrode on low molecular organic electroluminescent (EL) displays. Organic Light-emitting Diode (OLED) displays are adopted in a variety of applications such as smartphones. The demand for high definition and large-sized displays has been progressing rapidly.
Manufacturing FMM is one of the biggest hurdles to realize the Ultra-high Definition (UHD) grade Active Matrix Organic Light-emitting Diode (AMOLED) displays for smartphones and Augmented Reality (AR).
COVID-19 Period Recorded Sturdy Demand for High Quality Consumer Electronic
The unparalleled event of the COVID-19 pandemic adversely impacted various industries across the globe. The alerting rise in coronavirus positive cases resulted in a hike in work-from-home routine. As Fine Metal Mask (FMM) is majorly used in advanced consumer electronics, its demand bolstered during the work from home phase.
Business Research Insights states that the global Fine Metal Mask (FMM) market size was USD 472.6 million in 2019 and will grow to USD 3,656.6 million by 2026 at a CAGR of 34.4% during the forecast period.
Below mentioned are the top 8 FMM players operating in the market.
1. Dai Nippon Printing (DNP)
Dai Nippon Printing is a Japanese printing corporation founded in 1876. It functions its printing in three zones, information communications, lifestyle and industrial supplies, and electronics.
The company is engaged in an extensive assortment of printing procedures, varying from magazines to shadow masks for the manufacturing of displays as well as out-coupling augmentation structures for LCD displays and scattering for display backlights. Its employee strength is over 35,000 people.
2. Toppan Printing Co., Ltd
Toppan Printing Co., Ltd. or informally known as Toppan is a Japan-based global printing company. Toppan was established in 1900 and is headquartered in Tokyo. As of March 2013, the corporation has 169 subsidiary and affiliate corporations.
3. Sewoo Incorporation
Sewoo Incorporation was established in 1989. The company's line of business comprises the wholesale distribution of electronic fragments and electronic communications devices.
4. Poongwon
Poongwon functions in the metal processing business. The company develops metal foils as well as other products. Poongwon operates its businesses in South Korea. Since its establishment in January 1996, Poongwon has mass-manufactured an aggregate of 14,000 high value-added equipment through metal foil treating technology and has provided to roughly 180 corporations in the past 26 years. The company develops, produces, and offers 600 kinds of metal foil products each year and is wildly intensifying its services and operating spaces.
5. Athene
Athene is a Japan-based company, specializing in ultra-fine plating treating. The company is making every effort to satisfy customers' requests with its progressive technology in ultra-fine plating.
In 2015, Athene, a Japan-based semiconductor technology maker, created a novel shadow mask or Fine Metal Mask (FMM) especially for greater accuracy of OLED production. The novel mask is tougher and more sustainable in comparison with any other mask on the market, which means it can be utilized to make greater resolution OLEDs.
6. Shandong Aolai Electronic Technology Co. Ltd.
Shandong Aolai Electronic Technology Co., Ltd. is a specialized huge scale science and technology industrial corporation committed to rescue tools, incorporating research & development, design, and involved in production and sale. With progressive manufacturing equipment and a workshop of roughly 5,000 square meters, the company manufactures millions of rescue tools per year. It is headquartered in China and was established in 2001.
7. Lianovation
Lianovation emphasizes on R&D, design, and production of huge capacity HTS DC induction heater and high-end electrical devices grounded on HTS magnet systems. It is headquartered in China.
8. APS Holdings
APS Holdings will commence the Fine Metal Mask (FMM) business and adopt large-scale investment to endorse the contained production of FMM in the Korean market, which is controlled by Japan.
APS Holdings has been allocated a government scheme to improve manufacturing technology for Fine Metal Mask (FMM) utilized in installation techniques when manufacturing AMOLED.
Future Prospect of FMM
Increasing developments from digital service providers has escalated the demand for internet-based electronic gadgets. This will only lead the market to flourish exponentially and motivate its participants to invest heavily to gain hefty monetary benefits. Overall, the growing usage of electronic devices, such as TV, monitors, tablets, and smartphones, has augmented the product sales.