Market Highlights
In this rapidly changing world of technology, quantum dot display market is projected to show major growth prospects during the forecast period. Major factor driving the quantum dot display market is the increasing adoption energy efficient solutions and growing demand for enhanced display technologies from consumers.
The global quantum dot display market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. As compared to other regions, the quantum dot display market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of Quantum Dot Display Market. This is owing to the presence of large number of upcoming key players like QD Vision and Quantum Materials Corporation in that region. In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices and ultimately provides better implementation of advanced technologies. Growing adoption of energy efficient solutions is another major factor driving the growth of quantum dot display market in the region. Growing demand for innovations and improved style of living among people are other factors driving the growth of quantum dot display market in the region.
The Quantum Dot Display Market is growing rapidly over 25% of CAGR and is expected to reach at approx. USD 3.9 Billion by the end of forecast period.
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Industry Updates
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.
Key Players
The prominent players in quantum dot display market are – Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Sony Corporation (Japan), 3M Company (U.S.), Sharp Corporation (Japan), Microvision, Inc. (U.S.), Altair Nanotechnologies, Inc. (U.S.), Evident Technologies, Inc. (U.S.), Quantum Materials Corporation (U.S.), QD Vision, Inc. (U.S.), Nanosys, Inc. (U.S.) and others.
Segmental Analysis
By material, the global 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.
Regional Analysis
Based on region, the 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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Intended Audience
- Technology Investors
- Research/Consultancy Firms
- Quantum Dot Technology Providers
- Original equipment manufacturers (OEMs)
- Quantum Dot Manufacturers
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