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Posted On: 09/15/2019 4:15:44 PM
Post# of 22465
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https://www.marketwatch.com/press-release/qua...quote_news
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 approximately at USD 196.99 billion by 2023, approx. 24.96% of CAGR from 2017 to 2023.
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.
$5++
https://www.marketwatch.com/press-release/qua...quote_news
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 approximately at USD 196.99 billion by 2023, approx. 24.96% of CAGR from 2017 to 2023.
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.
$5++
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