Research and Markets has announced the addition of the ”Global Quantum Dot Display Market, By Material (Cadmium Selenium, Cadmium Tellurium, Non Toxic (Cadmium Free) and Others), By Application (Consumer Electronics, Healthcare, etc.), By Region, Competition Forecast and Opportunities, 2012 – 2021” report to their offering.
The global market for quantum dot display is forecast to register a CAGR of over 64% during 2016-2021
In 2015, Asia-Pacific dominated global quantum dot display market on account of strong presence of Original Equipment Manufacturers (OEMs) in the region. South Korea, China and Japan are the key regional markets for quantum dot displays in Asia-Pacific.
Increasing demand for Ultra High Definition (UHD) televisions and energy efficient devices, rising focus on producing cadmium free quantum dot displays, and increasing production capacity of OEMs is projected to drive global quantum dot display market in the coming years. Moreover, increasing production of non-toxic quantum dot displays is forecast to increase adoption of these displays not only in consumer electronics, but also in healthcare and transportation application segments, over the next five years.
In 2015, demand for quantum dot display primarily emanated from consumer electronics segment. However, increasing production of cadmium free quantum dot displays is anticipated to boost demand for these displays from other applications such as healthcare, transportation, etc., in the coming years. LG Display Co. Ltd., Samsung Display Co. Ltd., and Sony Corporation are the major players operating in the global quantum dot display market.
Market Trends & Development
Patents and Intellectual Property Rights
Research & Development – A Key Focus
Strategic Alliances with Leading Manufacturers in Chemical Industry
Rising Number of Strategic Alliances for Product Development
Growing Usage of Quantum Dot Technology in Monitors
Rising Venture Capital Investments
Growing Inclination Towards Non-Cadmium Quantum Dot Display
Increasing Trend of ON-SURFACE Integration of Quantum Dots into Displays