Global Quantum Dot Display Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Risk and Opportunity Assessment, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
According to a report published by Market Research Future (MRFR), the global quantum dot display market is expected to expand at 25% of CAGR between 2017 and 2023 to reach USD 3.9 Billion by 2023.
Some of the major companies which are operating in the global quantum dot display market include-
Samsung Electronics Co., Ltd., LG Display Co., Ltd., Evident Technologies, Inc., Sony Corporation, Altair Nanotechnologies, Inc., Sharp Corporation, 3M Company, QD Vision, Inc., Microvision Inc., Quantum Materials Corporation, and Nanosys, Inc. The onset of quantum display devices have the potential to create a new exemplar in the world of display market and can bring an end to the LCD age. Samsung has been manufacturing enhanced gadgets using the quantum dot technology that are cadmium free. Apart from Samsung, leading TV manufacturers such as TCL and Hisense are also investing in quantum dot technology.
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Quantum dot technology has contributed significantly to the evolution of display technology. The quantum dot technology has already outperformed several other display technologies and has the potential to replace LCD and OLED technology in the foreseeable future. Over the last few years, quantum dot technology has gained momentum and has attracted hefty investments from some of the major players operating in the technology sector.
Nearly a decade after the first quantum dot display featured in the display market, the technology is now set on a growth trajectory that appears to overwhelm its proponents. The increasing demand for enhanced display technologies and increasing awareness about cadmium free material has prompted major companies such as Samsung and LG to adopt quantum dot technology.
Quantum dot display technology does not hinder the manufacturing process as it does not require much adjustments to the prior infrastructure, therefore the supply chain and corresponding costs remain unaffected. It is also more cost-effective as compared to OLED. The quantum dot display technology has many advantages, but one prominent criticism of the technology is the environmental implications that it carries. Toxicity is a major issue of quantum dots. Studies suggest that quantum dots accumulate in the liver, kidneys and spleen and also it is not known if quantum dots can be removed from the body. This has garnered it criticism of various regulatory authorities and raised concerns about the use of quantum dot display technology. Regulatory agencies around the world have imposed limitation on the use of cadmium based QDs.
- Technology Investors
- Research/Consultancy Firms
- Quantum Dot Technology Providers
- Original equipment manufacturers (OEMs)
- Quantum Dot Manufacturers
Phillips, using quantum dot display technology has launched the world’s first monitor with the HDR 1000 certification. With the help of quantum dot display technology, it would be able to deliver 1,000 nits of peak luminance and 97.6% DCI-P3.
Vizio is all set to launch one of the best, and brightest, Quantum Dot TVs of 2018, which will deliver an incredible 2,000 nits of peak luminance, which will make visual effects such as fire, explosion and others lifelike.
By material, the global Quantum Dot Display Market for quantum dot display is segmented into cadmium based, cadmium free and others. By product, it has been segmented into smartphones, PC monitor, tablet, TV and others. Based on application it has been segmented into consumer Electronics, healthcare, automotive, IT & telecommunication and others.
Based on region, the Quantum Dot Display Market has been segmented into Asia pacific, North America, Europe and Rest of the World. North America currently accounts for the dominant share of the global market. North America’s dominance over the market is due to the growing demand for energy efficient device and increased penetration of cadmium free quantum dots in consumer electronics. The market in Asia Pacific is estimated to grow at a healthy pace during the forecast period. The increasing demand for energy efficient technology in countries such as China and India is also augmenting the demand for quantum dots display technology. There’s also a significant portion of market still untapped in the region, which is expected to emerge as a growth avenue for market players in the forthcoming years.
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Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Network Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
List of Tables
Table 1 Quantum Dot Display Market, by Component
Table 2 Quantum Dot Display Market, by Type
Table 3 Quantum Dot Display Market, by Application
Table 4 Quantum Dot Display Market, by Geography
Table 5 North America Quantum Dot Display Market, by Component
Table 6 North America Quantum Dot Display Market, by Type
Table 7 North America Quantum Dot Display Market, by Application
List of Figures
Figure 1 Research Methodology
Figure 2 Quantum Dot Display Market, by Component (%)
Figure 3 Quantum Dot Display Market, by Type (%)
Figure 4 Quantum Dot Display Market, by Application (%)
Figure 5 Quantum Dot Display Market, by Regions (%)
Figure 6 North America Quantum Dot Display Market, by Component (%)
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