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.
Request to Sample of
This Report @ 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.
To Get Sample Copy of Report visit
@ http://www.grandviewresearch.com/industry-analysis/quantum-dot-qd-display-market/request
About Grand View
Research
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.
For More Information,
Visit Grand
View Research
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
No comments:
Post a Comment