Despite ever-increasing foreign competition, Japanese flat panel display equipment makers retain global leadership

Japanese suppliers accounted for more than 50 percent of global FPD equipment revenue over the three year period of 2017 through 2019, according to IHS Markit | Technology, now a part of Informa Tech. In comparison, South Korean firms held about a 25 percent share, while suppliers from the United States and other regions accounted for the remaining revenue.

Japan has managed to maintain its leadership in critical equipment used to make FPDs, despite the fact that the country is no longer a major player in the production of displays. Japan in 2019 accounted for just 5 percent of global FPD capacity, down from 22 percent in 2004.