Market overview

Quantum dot technology has contributed significantly to the evolution of display technology. The quantum dot technology has already outperformed several other display technologies and has the potential to replace LCD and OLED technology in the foreseeable future. Over the last few years, quantum dot technology has gained momentum and has attracted hefty investments from some of the major players operating in the technology sector.

Nearly a decade after the first quantum dot display featured in the display market, the technology is now set on a growth trajectory that appears to overwhelm its proponents. The increasing demand for enhanced display technologies and increasing awareness about cadmium free material has prompted major companies such as Samsung and LG to adopt quantum dot technology. According to a report published by Market Research Future (MRFR), the global quantum dot display market share is expected to expand at 25% of CAGR between 2017 and 2023 to raech USD 3.9 Billion by 2023.

Quantum dot display technology does not hinder the manufacturing process as it does not require much adjustments to the prior infrastructure, therefore the supply chain and corresponding costs remain unaffected. It is also more cost-effective as compared to OLED. The quantum dot display technology has many advantages but one prominent criticism of the technology is the environmental implications that it carries. Toxicity is a major issue of quantum dots. Studies suggest that quantum dots accumulate in the liver, kidneys and spleen and also it is not known if quantum dots can be removed from the body. This has garnered it criticism of various regulatory authorities and raised concerns about the use of quantum dot display technology. Regulatory agencies around the world have imposed limitation on the use of cadmium-based QDs.

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Industry Updates

Phillips, using quantum dot display technology has launched the world’s first monitor  with the HDR 1000 certification. With the help of quantum dot display technology, it would be able to deliver 1,000 nits of peak luminance and 97.6% DCI-P3.

Vizio is all set to launch one of the best, and brightest, Quantum Dot TVs of 2018, which will deliver an incredible 2,000 nits of peak luminance, which will make visual effects such as fire, explosion and others lifelike.

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

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

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Intended Audience

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

About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

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