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(Wireless-NewsWire.Com, April 05, 2018 ) Quantum dots have witnessed a major increase in the adoption rate for the usage in various applications due to the technological advancement such as low energy consumption and vibrant displays. Growing demand for quantum dot technology in display devices and energy efficiency offered by quantum dots are some of the major factors driving the growth of quantum dot display market. However, a slower rate of adoption of the technology and utilization of heavy metals as raw material are restraining the growth of the global quantum dots market.
Growth in the economy and increasing purchasing power of the consumers is improving the lifestyle of the end-users are major factors, which could help in driving the growth of the quantum dot display market. The improving lifestyle of people has boosted the market of smartphones and tablet industry which has increased the demand for technically advanced display product. With changing consumer needs and requirements, manufacturers are working on technically advanced display screens. The quantum dot technology has revolutionized TVs by providing such pure colors and can express nearly all the colors in the color volume. Hence, quantum dots are likely to emerge as a leading technology for displays in the years to come.
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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Regional and Country Analysis of Quantum Dot Display Market Estimation and Forecast
Quantum dot display market is growing positively in all the regions. Increasing demand for quantum dot display and advancements in technology are driving the growth of the quantum dot display on the global scale. On the basis of the region, the market has been segmented into North America, Europe, Asia-Pacific and Rest of the World. North America is dominating the global quantum dot display market share followed by the Asia Pacific, which stands, as the second biggest market due to the heavy development and China is the manufacturing hub of consumer electronics. Whereas, Europe stands as third largest.
Key Findings
By material, cadmium based material sub-segment holds the largest market share and is growing with approximately 22.02% CAGR by the end of forecast period
By product, TV sub-segment holds the largest market share and is growing at approximately 26.04% CAGR by the end of the forecast period
By the end user, consumer electronics sub-segment holds the largest market share and is growing at approximately 27.11% CAGR by the end of forecast period
Geographically, North American region has been projected to hold the largest market share in the global quantum dot display market followed by Asia Pacific region, while Europe ranks third in the quantum dot display market
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Key Players
The key players of quantum dot display market includes 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.) and Nanosys, Inc. (U.S.) among others.
Global Quantum Dot Display Market Analysis & Forecast, from 2017 to 2023
To provide a detailed analysis of the market structure along with forecast of the various segments and sub-segments of the quantum dot display market
To provide insights into factors affecting the market growth
To analyze the quantum dot display market based on Porter's five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World
To provide country-level analysis of the market with respect to the current market size and future perspective
To provide country-level analysis of the market for segment on the basis of material, product and application
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the quantum dot display market
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Target Audience
Technology Investors
Technology Providers
Research/Consultancy Firms
Infrastructure Providers
Original Equipment Manufacturers (OEMs)
OEM Technology Solution Providers
The reports also cover country-level analysis:
North America
US
Canada
Mexico
Europe
UK
Germany
France
Rest of the Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Rest of the World
Middle East & Africa
Latin America
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