Quantum Dot Display Market is Valued at USD 3.9 Billion by 2023 with 25% of CAGR :

Pune, India, May 2021 /MRFR Press Release/- Market Research Future published a cooked research report on Quantum Dot Display Market.


Overview


The quantum dot display market will witness a healthy growth from 2017 to 2023, a research report suggests. Growing at a CAGR of 25%, the market is projected to reach US$3.9 billion by 2023. The increasing adoption of quantum dot technology is expected to support the market growth along with low-energy consumption and utilization. As predicted by analysts, technical complexities will negatively affect the market’s performance from 2017 to 2023. During the forecast period, the market will be supported by the growing adoption in commercial, healthcare, and telecommunication sectors and the changing social behavior.


High initial investments needed for technology upgrades on the other hand will challenge display technologies sector based organizations functioning in the global quantum dot display market. Analysts have split the market into material, product, and application segments based on products and services. Display technologies based companies have been profiled. Changing consumer preferences is set to affect the global market during the forecast period 2017 to 2023. The report also provides the market’s performance forecasts till 2023. Analysts have studied the strategy of display technologies segment based organizations to help new entrants and established businesses. The display technologies sector itself is supported by a rise in disposable income as well as the increasing demand from various industry verticals. During the forecast period 2017 to 2023, the quantum dot display market is set to witness a health growth across material, product, and application segments as well as regional markets.


Market Segmentation 


The display technologies sector has seen growth across material, product, and application segments owing to the growing application areas and the increasing preference of consumers. To study the market, analysts have further segmented material, product, and application into cadmium based and cadmium free on the basis of material. The market is further segmented into the product sub segment which is split into PC monitor, tablet PC, TV, and smartphone. Additionally, the quantum dot display market on the basis of application is segmented into automotive, consumer electronics, healthcare, IT & telecommunication, and others.


The segmental analysis presented in the report provides display technologies field based organizations insights into key growth factors such as the growth of communication channels as well as challenges such as changing manufacturing processes the market will face from 2017 to 2023. High demand across industry verticals and the growing urbanization are some of the key factors having an influence on display technologies industry based companies, suggest analysts as per the quantum dot display market report. But the report also identifies the lack of demand from certain regional markets and the lack of skilled human resource as major threats companies in display technologies will face till 2023. 


Access Report Details @ https://www.marketresearchfuture.com/reports/quantum-dot-display-market-2840


Regional Overview


Display technologies market based companies in the quantum dot display market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. Increasing awareness levels will be a key growth driver for regional markets. However, the lack of investments will turn out to be a threat. For the forecast period 2017 to 2023 each of these regional markets are studied in the report. Starting from North America, the regional market and display technologies vertical based companies are spread across the United States, Canada, and Mexico. Demand and supply gaps will turn out to be a major challenge from 2017 to 2023. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by the growing urbanization as well as the rapidly growing population, suggests the report. Similarly, the display technologies sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the quantum dot display market covers the Middle East and Africa. Forecast based on the report’s findings are presented for the forecast period till 2023.


Competitive Landscape 


The global quantum dot display market research report brings a comprehensive study of material, product, and application market segments, regional analysis, and display technologies vertical based company details of key players. As the forecast period 2017 to 2023 will bring new opportunities for the market owing to the presence of untapped market and advancements in technology, the market is set to grow at a compound annual growth rate of 25% and is predicted to reach a value of US$3.9 billion by 2023. With SWOT analysis of display technologies sector based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as the lack of investments in R&D and the unavailability of professional services, companies in the display technologies sector can change the way business is done.


Industry News


Samsung announced earlier this week that it had acquired QD Vision, a manufacturer of quantum dot technologies for consumer displays headquartered in the United States. According to SamMobile's sources, the agreement was confirmed by Jung Chil-hee, the director of Samsung's Advanced Institute of Technology, ahead of its formal release next week. There are no specifics on the price of the purchase yet, but it makes more sense that Samsung will want to buy companies operating in the area of quantum dots from an outsider's viewpoint. Samsung has been promoting quantum dots in their latest televisions as a way to expand color gamut while having to be using multi-color LED backlights.