Market Research Future published a research report on “Quantum Dot Display Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Quantum dot display market is estimated to exhibit high growth potential during the forecast period owing to rapid adoption of digital technology and increasing popularity of mobile communication devices and growing demand for advanced display and controller technologies. Major driving factor in the growth of quantum dot display market is the growing demand for enhanced display devices with better resolution quality and growing demand by consumers for quantum dot enhanced LED displays. Also, the increased energy efficiency, vibrant colors and high resolution features are the factors expected to boost the quantum dot display LED market. However, cost issues hinders the overall growth of the market. Growing digitalization is another major factor driving the growth of Quantum Dot Display Market. Growing demand for innovations and increasing technological advancements are other factors responsible for fueling the growth of quantum dot display market.
The major factor restraining the growth of quantum dot display market is the lack of awareness and toxic nature of the material used in the display is the major issue of the technology. Cadmium and selenium material which are used in the quantum dots are known to be toxic in nature. This could be a major factor that could cause hindrance in the growth of Quantum dot display market.
According to Market Research Future Analysis, quantum dot display market has been valued at approx. USD 3.9 Billion by the end of forecast period with 25% of CAGR during forecast period 2017 to 2023.
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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.
Quantum Dot Display Market Segmentation
Quantum dot display market has been segmented on the basis of material, product and application. The product segment is bifurcated into smartphones, tablet PCs, PC monitor, TV and others. High cost and increasing energy consumption has pushed manufacturers to innovate for eco-friendly and renewable sources of energy. Quantum dot display uses around 20-30% less power in comparison to LCD TVs of the same screen size. This innovative property of quantum dot displays boosts the battery life and stand-by time of electronic devices such as smartphones and tablets, making them an attractive prospect for device manufacturers. This is attracting various firms to invest in research & development and manufacturing of the quantum dot display technology. Increasing adoption of advanced display technologies is another major factor driving the growth of quantum dot display market.
Market Research Analysis:
The regional analysis of quantum dot display market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in Quantum dot display market in North America is attributed to technological advancements and increasing demand for energy efficient solutions in that region.
Quantum Dot Technology Providers
Original equipment manufacturers (OEMs)
Quantum Dot Manufacturers
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TABLE OF CONTENTS
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure
2.1 Research Network Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
6 Global Qled Market, By Segments
6.2 Market Statistics
6.2.1 By Component
Know More about this Report @ https://www.reuters.com/brandfeatures/venture-capital/article?id=72236
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