Northern India Herald

Quantum Dot Market Expected to Experience Significant Growth, Projected to Reach $8.6 Billion by 2027

 Breaking News
  • No posts were found

Quantum Dot Market Expected to Experience Significant Growth, Projected to Reach $8.6 Billion by 2027

April 18
03:49 2023
Quantum Dot Market Expected to Experience Significant Growth, Projected to Reach $8.6 Billion by 2027
Quantum Dot Market
The quantum dot market size is estimated to be worth USD 4.0 billion in 2021 and is projected to reach USD 8.6 billion by 2026, at a CAGR of 16.2%.

According to a research report Quantum Dot Market with Impact Analysis by Material (Cadmium-based, Cadmium-free), Product (Quantum Dot Displays, Other Products), Vertical (Consumer, Commercial, Healthcare, Defense, Telecommunications), and Geography – Global Forecast to 2026″ published by MarketsandMarkets, the global quantum dot market is expected to reach USD 8.6 billion by 2026 from USD 4.0 billion in 2021, at a CAGR of 16.2% during the 2021-2026 period.

• Informational PDF Brochure :-

Browse 159 market data Tables and 69 Figures spread through 234 Pages and in-depth TOC on “Quantum Dot Market by Impact Analysis and Geography – Global Forecast to 2026”
View detailed Table of Content here

The rapid growth of the global quantum dot market is attributed to some of the driving factors such as the growing demand for quantum dots in display devices, the advantages of quantum dots over conventional displays and the diverse applications of quantum dots.

Driver: Growing demand for use of quantum dots in display devices

Modern displays not only offer higher brightness and contrast ratios, but are also available in higher resolutions and consume less power than conventional displays. Display manufacturers are developing displays with improved specifications to strengthen their position in the Quantum Dot Market Trends. Quantum dots are being extensively used in display devices as quantum dot displays offer high color resolution, better color purity, a highly immersive high-dynamic-range (HDR) experience, and higher energy efficiency compared to conventional displays.

Opportunity: Increasing demand for large and high-resolution displays

In recent years, there has been a significant rise in the demand for large-size and high-resolution displays owing to the enhanced visual experience and the decreasing prices of LCDs. Big-screen displays have become more affordable due to the reduced LCD prices. Owing to the growing focus of display manufacturers on the production of 4K and 8k displays, there has been an increasing demand for quantum dots due to their ability to enhance the display.

Asia Pacific to account for the largest share of quantum dot market during the forecast period

Asia Pacific holds the largest share in the global quantum dot market. The major factors driving market growth include the presence of many established display manufacturers, the growing number of market players and research organizations involved in R&D activities related to quantum dot technology, the increasing advancements in the display ecosystem and the growing demand for quantum dot displays.

The report profiles key players such as Samsung Electronics (South Korea), Nanosys (US), Nanoco Group (UK), NNCrystal US Corporation (US), QD Laser (Japan), Merck Group (Germany), NanoPhotonica (US), OSRAM Licht (Germany), Crystalplex Corporation (US), LG Electronics (South Korea) and DuPont (US).

Don’t miss out on business opportunities in Quantum Dot Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States