Market overview of the global quantum dots display market
Technavio’s market research analyst predicts the global quantum dots display market to grow rapidly at a CAGR of more than 76% during the forecast period. The increasing usefulness of quantum dots in various applications like healthcare, display, LED lighting, and solar cells are expected to result in this market’s profound growth rate during the forecast period.
The analysts at Technavio envisage eminent factors, such as the increasing demand for 4k UHD TVs, to drive market growth during the forecast period. Due to the recent increase in the number of UHD content providers across the globe, the demand for 4k UHD television is on the rise. Advantages like its high picture clarity, wide field of view, and extended color pallet are estimated to augment the adoption of UHD TVs, which in turn would result in market growth during the forecast period.
Segmentation by application and analysis of the quantum dots display market
In this market research report, Technavio analysts have predicted the UHD TV segment to dominate over all the other segments during the forecast period. This segment presently accounts for more than 97% of the total market share, and factors like the augmented use of quantum dots for the development of UHD TVs is expected to bolster market growth during the forecast period.
Geographical segmentation of the quantum dots display market
Technavio’s market research analyst estimates the APAC region to account for a market share of more than 86% by 2020. The presence of prominent UHD TV manufacturers, such as LG Electronics, Panasonic, Samsung Electronics, Sharp, and Sony, in the APAC region is expected to account for its high market share during the forecast period.
Competitive landscape and key vendors
The global market for quantum dots displays is still in its nascent stages and is primarily dominated by key vendors like QD Vision and Quantum Materials. Since this market has immense growth opportunities, many new vendors are entering this market, which in turn is leading to intense competition among these vendors.
Key vendors in this market are -
- QD Vision
- Quantum Materials
- Nanoco
- Nanosys
Key questions answered in the report
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global quantum dots display market?
- What are the key market trends impacting the growth of the global quantum dots display market?
- What are the various opportunities and threats faced by the vendors in the global quantum dots display market?
- Growth forecast for the key segments of the global quantum dots display market
- Trending factors influencing the market shares for EMEA, APAC, and Americas
- Key outcome of the market analysis of the leading countries in the global quantum dots display market
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