San Francisco, 11 March, Quantum Dot (QD) Display Market
Analysis By Component (Tube, Film, LED), By Material (Cadmium-Containing,
Cadmium-Free), By Application (Consumer Electronics, Healthcare) And Segment
Forecasts To 2022
The global quantum dot display market size is expected to reach USD 3.96 billion
by 2022 according to a new report by Grand View Research, Inc.
Increasing awareness regarding
energy-efficient displays is expected to boost global quantum dot display
market growth. Surge in demand for advanced QLED powered TVs has propelled
industry growth.
Advancements in quantum dot
(QD) technology have made them useful for television manufacturers giving them
a competitive edge in the industry. Creating better color with color tuning
features has become a key selling point for display manufacturers. Moreover,
adoption of QDs is expected to increase in smaller displays such as in
smartphones and tablet devices owing to its capabilities in creating sharp
crisp displays.
Cadmium-containing
semiconductor-based QDs exhibit superior performance as compared to their
cadmium-free counterparts. However, the toxic nature of such heavy metals has
raised environmental concerns. Regulations in EU and Japan restrict the use of
cadmium, compelling vendors to focus on the development of Cadmium Free Quantum
Dots (CFQD). Manufacturers offering high-performance cadmium-free QDs in
adequate volumes are expected to gain competitive advantage in the market
moving forward.
Access Full Research
Report On Quantum Dot (QD) Display Market Analysis:
Further key findings from the report suggest:
·
QD based LEDs or QLEDs segment
dominated the global quantum dot display industry accounting for over 45% of
the market share in 2014. QD LED technology enables OEMs to manufacture UHD TVs
with enhanced color gamut as compared to OLED UHD TVs, at reduced costs and
improved energy-efficiency. In 2014, Samsung progressed from conventional UHD
OLED TVs to QD-based LED 4K TVs to evade high development costs. Competitor TV
companies such as Panasonic, LG,and Sharp have started developing UHD TVs
incorporating QD technology, thereby driving the industry’s growth prospects.
·
QDs are made up of binary
compounds such as cadmium selenide, cadmium sulfide, cadmium telluride, and
indium arsenide. However, toxicity of cadmium and global environmental regulations
like the Restriction of Hazardous Substances (RoHS) Directive and the Toxic
Substances Control Act have limited the amount of heavy metals such as cadmium,
lead, and mercury that can be used in consumer electronic devices resulting in
increased production of CFQD technology, and opened the doors for OEMs to use
QDs in a variety of consumer electronic display devices.
·
Consumer electronics segment
dominates the QD display market accounting for over 70% of the revenue share
owing to increasing use of this technology in TVs and mobile devices. In
healthcare, such display technology is extensively used in activities such as
cancer diagnosis, DNA labeling, cellular labeling, and biological imaging.
·
North America dominated the
global quantum dot display industry acquiring over 40% of the overall global
revenue share in 2014. Key QD manufacturers in the industry are based in the
U.S. owing to extensive R&D spending over advanced QD display technologies
and high production capacities.
·
Key industry participants
include Dow Chemical, Nanoco Group, Nanosys, and Quantum Material Corporation.
In addition to these, consumer electronic giants such as LG and Samsung are
making joint efforts to develop and encourage the use of CFQD, with the latter
already incorporating such advanced technology in its SUHD TV models.
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/display-technologies
Grand View Research has segmented the
global quantum dot display market on the basis of component, material,
application, and region:
Quantum Dot Display Component
Outlook (Revenue, USD Million, 2012 - 2022)
·
Tube
·
Film
·
LED
Quantum Dot Display Material
Outlook (Revenue, USD Million, 2012 - 2022)
·
Cadmium-containing
·
Cadmium-free
Quantum Dot Display Application
Outlook (Revenue, USD Million, 2012 - 2022)
·
Consumer Electronics
·
Healthcare
Quantum Dot Display Regional
Outlook (Revenue, USD Million, 2012 - 2022)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
MEA
Browse Press
Release of this Report:
https://www.grandviewresearch.com/press-release/global-quantum-dot-qd-display-market
https://www.grandviewresearch.com/press-release/global-quantum-dot-qd-display-market
About Grand View
Research
Grand View
Research provides syndicated as well as customized research reports and
consulting services on 46 industries across 25 major countries worldwide. This
U.S.-based market research and consulting company is registered in California
and headquartered in San Francisco. Comprising over 425 analysts and
consultants, the company adds 1200+ market research reports to its extensive
database each year. Supported by an interactive market intelligence platform,
the team at Grand View Research guides Fortune 500 companies and prominent
academic institutes in comprehending the global and regional business
environment and carefully identifying future opportunities.
For more
information: www.grandviewresearch.com/
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