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.
Browse Details of Report @
http://www.grandviewresearch.com/industry-analysis/quantum-dot-qd-display-market
http://www.grandviewresearch.com/industry-analysis/quantum-dot-qd-display-market
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.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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