Global Quantum Dot Display Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Quantum Dot Display Market Overview:
The global quantum dot display market was valued at US$ X.X billion in 2016, and is expected to reach US$ XX.X billion over the forecast period at a high CAGR of X.X%.
Quantum dots (QD) are very small semiconductor particles, only several nanometres in size, so small that their optical and electronic properties differ from those of larger particles. The color light emitted by a quantum dot is directly related to its size, and smaller dots appear blue, while larger dots are more red. In a liquid-crystal display (LCD) screen, quantum dots are applied as a means to eliminate the need for white light-emitting diode (LED) backlights and color filters.
Combination of varying sizes of quantum dots emit narrow band of frequency spectrum of light along with better and high-quality resolution. Another major benefit of quantum dots is improved color accuracy. The light produced by quantum dots is highly dependent on dot size, thereby permitting very fine tuning to emit the exact kind of light needed, which translates to much purer, cleaner whites and more precise colors.
Increasing demand for consumer electronics such as mobile phones, tablets and ultra HD TVs is a major factor driving growth of the global quantum dot display market. Devices and products with quantum dot technology are comparatively more energy-efficient than LED and OLED displays, and offer more vibrant colors and higher brightness.
These new and innovative features are contributing significantly to increasing demand, which is a major factor contributing to overall growth of the market. Owing to the lifelike picture quality of quantum dot displays, these devices are being steadily adopted for home and office video door answering systems. Furthermore, application has been increasing in the packaging industry to monitor automated processes, and in the healthcare sector for patient monitoring as well as to monitor security camera feeds.
Some major factors restraining growth of the global quantum dot display market include high costs of system, stringent government regulations on use of cadmium and other heavy metals in electronic displays and various other products.
A recent trend observed in the global quantum dot display market is rising adoption of tablets, smartphones, and TVs owing to superior color and clarity, and higher brightness levels, and improved user experience.
North America market dominates the global quantum dot display market in terms of revenue, and the dominance is expected to continue during the forecast period. The quantum dot display market in Asia Pacific is estimated to register high revenue growth over the forecast period owing to increasing per capita income, and rising spending capacity of consumers in countries in the region.
Global Quantum Dot Display Market Segmentation:
Global quantum dot display market segmentation by display component:
Global quantum dot display market segmentation by material:
Global quantum dot display market segmentation by application:
- Consumer Electronics
Global quantum dot display market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Nanoco Technologies Ltd.
- QD Vision Inc.
- Quantum Material Corporation
- Nanosys, Inc.
- The Dow Chemical Company
- QD Laser, Inc.
- Ocean NanoTech, LLC
- NNCrystal U.S. Corporation
- InVisage Technologies, Inc.
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