The report of global quantum dot display market by Material (Cadmium Sulfide, Cadmium Selenide, Indium Arsenide, Cadmium Telluride, Silicon), Product (Smartphone, PC Monitor, Tablet PC, TV, Others), Application (Optoelectronics, Biological Imaging, Security & Surveillance, Quantum Optics, Renewable Energy), Vertical (Consumer Electronics, Healthcare, Automotive, IT & Telecommunication, Others), and Region (Asia Pacific, North America, Europe, Latin America, and Middle East Africa) is expected to reach US$ XX Mn by 2027, at a CAGR of 25.5% during a forecast period.
A quantum dot display is a display device, which uses quantum dots (QD), semiconductor nanocrystals that can generate pure monochromatic red, green and blue light. Rising demand for quantum dots in display devices, an advanced feature of quantum dots and energy efficiency provided by quantum dots, are projected to driving the market growth in the forecast period. However, the limited availability of rare-earth materials are restraining the market growth at the global level. Increasing demand for larger-sized and higher-resolution displays are expected to create beneficial opportunities for the key player in the market during the forecast period. the adverse impact of falling prices of conventional LCD/LED and OLED displays on quantum dot displays are the major challenges for the quantum dot display market in the near future.
Cadmium segment is expected to grow at the highest XX% CAGR during the forecast period.
In 2019, the optical time domain reflectometer (OPTR) segment has dominate the Quantum Dot Display market and is estimated to grow at a CAGR of XX% during the forecast period. Cadmium material is mostly used in the manufacturing of quantum dots display such as selenide, sulfide, telluride and indium arsenide or cadmium free material. Cadmium based material is heavy metal, toxic in nature and restricted by global environmental regulation. Several directive authorities have restricted the amount of cadmium material for usage in consumer electronics devices for customers. Therefore, it has stimulated the production of the cadmium-free material.
The North America dominated the Quantum Dot Display market in 2019.
In 2019, North America held the XX% share of the quantum dot display market and is expected to maintain its dominance during the forecast period thanks to the growing demand for energy-efficient devices and rising interest in cadmium-free quantum dots in consumer electronics in the region. The region has a well-established infrastructure that permits easy implementation of advanced technologies are propelling the market growth. In terms of both value and volume, the Asia Pacific region will record a significant CAGR of XX% during the forecasted period due to owing to the rising adoption and popularity of optoelectronics market division in the region. The presence of a large number of electronic display vendors in regions such as Japan and China has optimistically affected regional industry development
Key players operating the global Quantum Dot Display market are Samsung Electronics Co., Ltd.,
LG Display Co., Ltd., Sony Corporation, 3M Company, Sharp Corporation, Microvision, Inc., Altair Nanotechnologies, Inc., Evident Technologies, Inc., Quantum Materials Corporation, QD Vision, Inc., Nanosys, Inc., Qlight Nanotech, Dow Chemical Company, Nanoco Group, Ocean nanotech, InVisage Technologies, and NNCrystal U.S. Corporation.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Quantum Dot Display Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Quantum Dot Display Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Quantum Dot Display Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Quantum Dot Display Market”
https://www.maximizemarketresearch.com/market-report/global-quantum-dot-display-market/57887/
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
ManikBaug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607195908