Global Quantum Dot Display Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz, in its upcoming report titled, “Global Quantum Dot Display Market Trends, Applications, Analysis, Growth, and Forecast to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global quantum dot display market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global quantum dot display market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global market report has been segmented on the basis of display component, material, application, and region. 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 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
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- 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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