Exactitude Consultancy Press Release: Global quantum dots market

Growing demand for use of quantum dots in display devices drives the demand for quantum dots market.

The growing demand for use of Quantum Dots in display devices is a major driver of the Quantum Dots Market. Quantum dot technology offers several advantages over traditional LCD displays, including higher colour accuracy, wider colour gamut, and improved energy efficiency. As a result, quantum dot displays are increasingly being used in high-end televisions, smartphones, and other consumer electronic devices. This has led to a significant increase in demand for quantum dots, as manufacturers seek to incorporate this technology into their products. Additionally, the use of quantum dots in lighting applications also offers significant energy savings and longer lifespan compared to traditional lighting technologies, further driving the demand for this technology.

Explore 124 market data Tables spread through nearly 92 Pages and in-depth analysis of “Quantum Dots Market by Product (QD Medical Devices, QD LED Displays, QD Solar Cells, QD Sensors, Others), Material (Cadmium-based, Cadmium-free), Vertical (Consumer, Commercial, Healthcare, Defense, Telecommunications, Others) and by Region Global Trends and Forecast from 2022 to 2029” with Table of Content

Increasing demand for large and high-resolution displays leading to a significant increase in the use of quantum dots market.

The increasing demand for large and high-resolution displays is driving the adoption of quantum dots in the display industry. The traditional LCD displays have limited colour gamut and are unable to produce a wide range of colours accurately, leading to colour distortion and lower image quality. This has created a demand for alternative display technologies that can produce more accurate and vibrant colours. Quantum dot technology offers higher colour accuracy, wider colour gamut, and improved energy efficiency compared to traditional LCD displays. Quantum dots are nanocrystals that emit light of a specific colour when stimulated by a light source, making them ideal for display applications. By combining quantum dots with LCD technology, display manufacturers can create displays with a wider range of colours, higher brightness, and better energy efficiency.

The Cadmium-free segment accounted for a significant revenue share in the global quantum dots market in 2021.

Cadmium-free quantum dots are made from materials such as indium phosphide and zinc sulphide, which are considered safer alternatives to cadmium. These materials also offer superior optical properties and stability, making them suitable for a wide range of applications, including displays, lighting, and medical imaging.

The growing demand for eco-friendly and sustainable products is driving the adoption of cadmium-free quantum dots in various industries. Additionally, governments around the world are implementing strict regulations on the use of hazardous materials, further boosting the demand for cadmium-free quantum dots.

The consumer vertical segment accounted for a significant revenue share in the global quantum dots market in 2021.

The consumer electronics industry is a major driver of the quantum dots market due to the increasing demand for high-quality displays with superior colour accuracy and brightness. Quantum dots technology offers several advantages over traditional LCD displays, including wider colour gamut, better colour accuracy, and improved energy efficiency. This has led to the increasing adoption of quantum dots in the consumer electronics industry, especially in high-end devices. The increasing popularity of eco-friendly and energy-efficient products is driving the demand for quantum dots in the consumer electronics industry. Quantum dots are more energy-efficient than traditional LCD displays, resulting in lower power consumption and longer battery life.

The presence of large industry players carrying out strategic initiatives will drive market share.

The major players operating in the global quantum dots include Nanosys Inc., Quantum Materials Corp., OSRAM Licht AG, Samsung Electronics Co., Ltd., Sony Corporation, QD Laser, Inc., NN-Labs, LLC, LG Display Co., Ltd., Nanoco Group PLC, UbiQD, Inc., Merck Group, DuPont, Crystalplex Corporation.

The North America region dominated the quantum dots market.

North America has emerged as the dominant region in the global quantum dots market. The region accounted for the largest revenue share in 2021, and this trend is expected to continue in the forecast period. The demand for quantum dots is driven by the growing adoption of eco-friendly and energy-efficient products, coupled with the increasing demand for high-quality displays in the consumer electronics industry. Additionally, the healthcare and defense industries are also contributing to the growth of the quantum dots market in North America. The region has a highly developed healthcare infrastructure, with a significant focus on research and development. Quantum dots have several applications in the healthcare industry, including medical imaging, drug delivery, and disease diagnosis, which is driving the demand for quantum dots in the region.

Quantum Dots Market Players

The global quantum dots market key players include Nanosys Inc., Quantum Materials Corp., OSRAM Licht AG, Samsung Electronics Co., Ltd., Sony Corporation, QD Laser, Inc., NN-Labs, LLC, LG Display Co., Ltd., Nanoco Group PLC, UbiQD, Inc., Merck Group, DuPont, Crystalplex Corporation.

Key Market Segments: Quantum Dots Market

Quantum Dots Market by Product, 2020-2029, (USD Billion)

• QD Medical Devices
• QD Led Displays
• QD Solar Cells
• QD Sensors
• Others

Quantum Dots Market by Material, 2020-2029, (USD Billion)

• Cadmium-Based
• Cadmium-Free

Quantum Dots Market by Vertical, 2020-2029, (USD Billion)

• Consumer
• Commercial
• Healthcare
• Defense
• Telecommunications
• Others

Quantum Dots Market by Region, 2020-2029, (USD Billion)

• North America
• Europe
• Asia Pacific
• South America
• Middle East And Africa

Important Countries in All Regions Are Covered

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