In its report, Yole Développement analyses, estimates and forecasts the equipment and material markets for printed and flexible electronics. Equipment and materials markets are still low, and will remain so over the next several years. Nevertheless the start of the industry ramp up is expected before 2020. This start is expected in 2018 for materials. It will be driven by the OLED industry that will represent a global market of almost $ 170M in 2020 (OLED only). The equipment market will start its ramp up sooner than materials, as device manufacturers will have to prepare for upcoming volumes. Yole Développement’s model for equipment forecasts is based on existing and future projects in printed and flexible electronics. Today it is unclear which deposition process will be used and companies often buy cluster tools with different deposition processes inside. In this scenario, ramp up is expected to start in 2015, thanks to conformable OLED displays, growing to over $1.3B in 2020 for the OLED industry alone.