Global Quantum Dot (QD) Display Market: Snapshot
According to a new market report published by Transparency Market Research entitled “Quantum Dot (QD) Display Market–Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018–2026,”the global quantum dot (QD) display market is projected to expandat a CAGR of 23.6% during the forecast period 2018-2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Benefits provided by quantum dot display, increasing adoption of cadmium free quantum dot displays, and growing popularity ofconsumer electronics devices has increased the penetration and growth of the quantum dot (QD) display market globally. Numerous technological innovations in electronics devices and increasing investments in the medical sector has increased the demand for quantum dot (QD) display solutions.
Cadmium-free Segment to Remain Most Lucrative
Cadmium-free segment is expected to continue to be the leading segment globally during the forecast period due to rising adoption of cadmium-free quantum dot displays as it offers various benefits such aseco-friendly nature, pure color, and wavelength tenability. Cadmium-free segment is projected to expandat the highest CAGR of 24.7% over the forecast period from 2018 to 2026 as various display manufacturers are increasingly deploying technologically advanced and eco-friendly displays in order to satisfy consumers’ demands for better and more technologically advanced electronic displays which has increased the growth of thecadmium-free segment across different regions of the world.
Many regulatory authorities have limited the amount of cadmium material for usage in consumer electronics devices for customers as cadmium is toxic in nature. TheLED segment is expected to expand at a considerable rate during the forecast period due to the continuous growing demand for large screens with excellent picture quality and high brightness. Consumer electronics segment is expected to consistently dominate during the forecast period due to the increasing popularity of various innovative electronic devices such as televisions, smartphones, laptops, and wearable devices.Quantum dot technology provides energy efficiency, ultra definition, low cost and high brightness.Medical devices segment is expected to expandat the highest CAGR over the forecast perioddue to the escalating demand for quantum dot displays in various medical applications.
North America and Asia Pacific to Continue to Hold Significant Share in the Overall Market
North America accumulated for the highest revenue share in 2017 due to numerous technological advancements and growing investments in the electronics industry in the region. With the rise in popularity of high brightness large screen displays, various players in North America are collaborating with each other and focusing on offering advanced products to consumers. In North America, a large number of consumer electronics providers are focusing on offering hybrid quantum dot displays in order to meet the increasing demand for flexible displays. In September 2017, Apple Inc. invented quantum dot hybrid pixels technology in order to offer power efficient displays that provides pure color. This technology is ideal for consumer devices that demand a flexible display. Furthermore, various advancements in the medical sector and growing investments are helping the North America market to generate significantrevenues.The U.S. held the highest market share in 2017 inNorth America and is estimated to expandat the highest CAGR during the forecast period. North America region is expected to grow ata significant CAGR of 24.2%during the forecast period.In a number of European countries, most quantum dot display providers are offering electroluminescent quantum material based displays to improve the image quality. The market in Europe is likely to witness significant CAGR growth over the forecast period. The adoption of cadmium-free quantum dot displays is rapidly increasing in Europe as in 2015, the European Parliament voted to ban the extended use of cadmium in display and lighting applications.The U.K. contributed highest share to the entire Europe quantum dot (QD) display market in 2017.
Demand for quantum dot displaysin APAC is likely to remain concentrated in China and India, owing to a larger consumer base and presence of large number of consumer electronics device providers in thesecountries.India is estimated to expandat the highestCAGR among the countries in Asia Pacific during the forecast period owing to the growing popularity of various electronics devices and growing adoption of advanced technologies. Majority of countries in the APAC region are still using organic displays, which is expected to shift to quantum dot displays.In Middle East &Africa (MEA), market players are increasing their investments to expand their physical presence. GCC countries are expected to grow at significant CAGR during the forecast period as many consumer electronics providers in the GCC countries are offering ultra high definition TV’s with quantum dot technology in order to meet the increasing consumer demandfor better picture quality. Increasing IT spending andelectronics industry development in South America, especially in Brazil are driving the regional quantum dot (QD) display market. Brazil is expected to hold asignificant portion of revenue for the market in the region throughout the forecast period.
The company profiling of key players profiled in the global quantum dot (QD) displaymarket includes company overview, major business strategies adopted, SWOT analysis, and market revenues for years 2016 to 2018. The key players profiled in the global quantum dot (QD) display market includes Sony Corporation, LG Display Co. Ltd., Samsung Electronics Co. Ltd, Sharp Corporation, 3M Company, Nanosys, Inc., Quantum Materials Corporation, Microvision Inc., Evident Technologies, Inc. and QD Vision, Inc. Players are establishing partnerships to provide various quantum dot displays on a large scale in order to provide excellent picture quality at low cost.
Quantum Dot (QD) Display Market – Overview
The Quantum Dot (QD) Display Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2026 report provides analysis of the quantum dot (QD) displaymarket for the period 2016–2026, wherein the years from 2018 to 2026 is the forecast period and 2017 is considered as the base year. Data for 2016 has been included as historical information. The report covers all the trends and technologies playing a major role in the quantum dot (QD) display market growth over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market growth during this period. The study provides a holistic perspective on the market’s growth in terms of revenue (in US$ Mn) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report highlights the key trends affecting the market on a global scale. Furthermore, region wise prominent countries/regions covered in the report include - the U.S, Canada, Germany, France, U.K., India, China, Japan, GCC,South Africa, and Brazil.
This report analyzes and forecasts the market for quantum dot displays at the global and regional level. The market has been forecasted based on revenue (US$ Mn) from 2018to 2026. The study includes drivers and restraints of the global quantum dot (QD) display market. It also covers the impact of these drivers and restraints on themarketduring the forecast period.
The report comprises a detailed value chain analysis which provides a comprehensive view of the global quantum dot (QD) display market. Porter’s Five Forces model for the quantum dot (QD) display market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in end-users are benchmarked based on their market size, growth rate, and general attractiveness.
Global Quantum Dot (QD) Display Market: Taxonomy
The report segments the market on the basis ofmaterial, component, device, and region. The material segment includescadmium-containing and cadmium-free.Component segment includesLED, glass tube and film. Device segment is bifurcated into consumer electronics, medical devices, and others.Consumer electronicssegment is further segmented intotelevision, smartphone, laptop, wearable devices, and others.
Global Quantum Dot (QD) Display Market: Research Methodology
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
Global Quantum Dot (QD) Display Market: Competitive Dynamics
Sony Corporation, LG Display Co. Ltd., and Samsung Electronics Co. Ltd, Sharp Corporation, 3M Company, Nanosys, Inc., Quantum Materials Corporation, Microvision Inc., Evident Technologies, Inc. and QD Vision, Inc.are some of the major players operating within the quantum dot (QD) displaymarket profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.Various players are introducing advanced displays and establishing partnerships with other players to provide various quantum dot displays on a large scale in order to provide excellent picture quality at low cost.
Global Quantum Dot (QD) Display Market
Global Quantum Dot (QD) Display Market, byMaterial
Global Quantum Dot (QD) Display Market, byComponent
- Glass Tube
Global Quantum Dot (QD) Display Market, byDevice
- Consumer Electronics
- Wearable Devices
- Medical Devices
Global Quantum Dot (QD) Display Market, by Geography
- North America
- Rest of North America
- The U.K.
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East &Africa
- South America
- Rest of South America