Quantum Dot Display Market by Opportunities, Trends, Dynamics and Growth Factors Forecast to 2021
Global quantum dot display (QLED) market is expected to rise at a positive CAGR in the predicted period. Quantum dots are a novel type of display used in LCDs for visual displays. The global market is booming with lots of novel devices heading up. Technically, a quantum dot display uses quantum dots or semiconductor nanocrystals and the quantum dots may radiate light or just convert it into blackly LCDs.
Currently, all commercial products such as TVs using quantum dots, and branded as QLED, use them to convert light for LCD backlights, rather than as part of the actual display. This display technology would be analogous to organic light-emitting diode (OLED) displays, such that light would be produced on demand that would result into more well-organized displays, and is also seen as the next generation technology after OLED. Quantum dots are tiny bits of semiconductor crystals with optical possessions that are strongminded by their material composition and their size is small to the nanoparticle level.
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Quantum Dot Display (QLED) Market is segmented, By Applications HDTV and Displays, LED lighting, Optical Component Lasers, Others.Quantum Dot LED (QLED) commercial focus has remained on key optical applications: Optical component lasers are developing as an important market. LED backlighting for LCD displays, LED general lighting, and solar power quantum dots are commencement to reach the market. Vendors continue to evaluate other applications. Global Quantum Dot Display (QLED) Market is segmented, By Product Type QLED, QDEF.
QDs have great potential as light-emitting materials for next-generation displays with extremely saturated colors because of high quantum efficiency, sharp spectral resolution, and easy wavelength tenability. Because QDs convert light to current, QDs have uses in other applications, counting solar cells, photo detectors, and image sensors.
Quantum Dot Display (QLED) Market is segmented, By Geographical Region Korea, North America, China, Japan and Others. Consumer electronics of quantum dot display LED market globally drives the market. The market is expected to have higher growth rate as compared to the previous years.
North America region accounted for the principal market share because of the technological advancements and increasing disposable income. Also, the increasing demand for display content in the gaming industry is indirectly boosting the growth of the quantum dot display market in this region. Also, over the prediction period the Asia-Pacific region is estimated to grow due to new technological solutions in the emerging nations such as China and India.
Key market players in the Quantum Dot Display (QLED) Industry include Samsung, Sharp, CSOT, AUO, BOE. Samsung estimates that they cost less than half of what it costs to make LCDs or OLED panels. QLED quantum dot display is better than OLED. It is brighter, cheaper, and saves more energy.
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