In the first quarter of 2021, the total market for emitting materials in 2021 was $1.52 billion, and it is expected to form $1.96 billion by 2025.
The reason that the light emitting material market is not expected to exceed $2 billion is that due to the Covid-19 crisis and Huawei sanctions, smartphone panel shipments were expected to be in the mid-500 million units, and TV panel shipments were also projected to be less than 7 million units by 2025.