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Quantum Dot Display Market Overview, Dynamics, Key Industry, Opportunities and Forecast to 2023

Added: (Thu Feb 01 2018)

Pressbox (Press Release) - Global Quantum Dot Display Market, By Material (Cadmium Based, Cadmium Free), By Product (Smartphone, PC Monitor, Tablet PC, TV) and By Application - Forecast 2023

Market Scenario:
Major companies like Samsung and LG are encouraging usage of cadmium free material for quantum dot display product andare investing into quantum dot display market due to increasing demand from various industry verticals. This is owing to the growing demand for enhanced display technologies and increasing awareness about adoption of energy efficient solutions.Samsung Electronics has been dominating the overall quantum dot display market owing to the increasing demand for consumer electronics.

North America region holds the largest market share of global quantum dot display market followed by Asia Pacific and Europe regions. The growth is North America region is mainly dominated by U.S. and Canada and is attributed to the increasing demand for energy efficient device and increasing interest in cadmium free quantum dots in consumer electronics in the region. The region also has a well-established infrastructure which allows easy implementation of advanced technologies.

Quantum Dot Display Market has been segmented on the basis of material, product and application. The material is further bifurcated into cadmium free, cadmium based and others. Out of which, the cadmium free material has gained immense popularity owing to its efficiency. Growing demand of quantum dots in display devices and energy efficiency offered by quantum dots are some of the major factors driving the growth of quantum dots display market.

Quantum dots display products are made up of cadmium based material such as selenide, sulfide, telluride, and indium arsenide or cadmium free material. Earlier, cadmium based material was the most commonly used for manufacturing of quantum dot display product. As cadmium based material are heavy metal, toxic in nature and are restricted by the global environmental regulation. Many regulation authorities have limited the amount of cadmium material for usage in the consumer electronics devices for customers. This in turn has stimulated the production of the cadmium free material.

The global quantum dot display market is expected to grow at approx. USD 3.9 Billion by 2023, at 25% of CAGR between 2017 and 2023.

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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.

Segments:
Quantum dot display market can be segmented on the basis of following:
By Material
Cadmium Based
Cadmium Free
Others
By Product
Smartphone
PC Monitor
Tablet PC
TV
Others

By Application
Consumer Electronics
Healthcare
Automotive
IT & Telecommunication
Others

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Regional 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 increasing demand for energy efficient device and increasing interest in cadmium free quantum dots in consumer electronics in the region

Intended Audience
Technology Investors
Research/Consultancy Firms
Quantum Dot Technology Providers
Original equipment manufacturers (OEMs)
Quantum Dot Manufacturers

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