The quantum dots market was valued at USD 1.96 Billion in 2017 and is expected to reach USD 8.47 Billion by 2023, at a CAGR of 26.97% during the forecast period. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023.

Quantum dots market for QD displays to grow at highest CAGR during forecast period

The market for QD displays is expected to grow at the highest CAGR between 2018 and 2023. QDs can be incorporated into a new-generation applications such as flat-panel TV screens, digital cameras, smartphones, gaming consoles, and personal digital assistant (PDA) devices. The increasing demand for displays with higher efficiency and enhanced color quality has exhibited the growth of QD displays.

Know More:
https://www.marketsandmarkets.com/PressReleases/quantum-dots.asp

Consumer vertical to hold largest size of quantum dots market during forecast period

Of all the verticals, the consumer vertical is expected to hold the largest market size during the forecast period. The increasing demand for superior display technologies and energy-efficient solutions is likely to drive the quantum dot display market growth. In addition, the unique characteristics of quantum dots such as high brightness, pure color, and wavelength tenability enable display designers to customize a spectrum of light to maximize both the efficiency and color performance of any display for incredible new user experience.

APAC to hold largest market share and witness highest growth

APAC is expected to hold the largest share of the quantum dots market between 2018 and 2023. Chinese, Japanese, and South Korean panel makers are investing more in producing more energy-efficient displays, which, in turn, also drives the quantum dots market in Asia Pacific. In addition, the use quantum dots in developing innovative products at affordable prices would create growth opportunities for the players in the quantum dots market in this region.

This report provides valuable insights into the ecosystem of the quantum dots market. The major players in this market include Nanosys (US), Nanoco (UK), QD Laser(Japan), NN-Labs (US), and Ocean NanoTech (US), QD Vision (US), Quantum Material (US), Altair Nanotechnologies (US), InVisage (US), and OSRAM Licht AG (Germany).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441