Future Projections Indicate That The Quantum Dot Display Market Will Surge Over 17x By 2032

A latest revamped report published by Fact.MR projects that the quantum dot display market is expected to grow at a CAGR of 33% from 2022 to 2032, reaching US$ 69.79 Bn by the end of the aforementioned forecast period. The market has gained popularity on the back of the growing need to incorporate enhanced screen visibility across various gadgets.

Over the last few years, the quantum dot displays market has been steadily expanding, with a documented CAGR of over 30% from 2017 to 2021. Fluorescent quantum dot displays have been particularly used in a variety of electronics and healthcare applications. The market experienced some downswings during the COVID-19 pandemic, as shortage of raw materials such as cadmium were experienced due to cessation of manufacturing activity.

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Key Segments Covered in the Quantum Dot Display Industry Report

By Material Type

Cadmium Containing Quantum Dot Display
Cadmium Free Quantum Dot Display

By Application Type

Quantum Dot Displays for Television
Quantum Dot Displays for Monitors
Quantum Dot Displays for Notebooks
Quantum Dot Displays for Tablets
Quantum Dot Displays for Smartphones
Quantum Dot Displays for Medical Devices

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Competitive Landscape

The quantum dot display market is consolidated with a few prominent manufacturers namely Samsung Electronics Co. Ltd., LG Display Co. Ltd., Sony Corporation, Sharp Corporation and CSOT (China Star Optoelectronics Technology), acquiring a share of more than 70%. Numerous approaches, such as expansion, introduction of new products, joint ventures, agreements, alliances and acquisitions, are being employed by top competitors. Some of the other developments in the market are:

In October 2019, Samsung invested US$ 11 Billion in the world's first dedicated quantum dot display manufacturing facility. Beginning in early 2021, the new production unit is set to operate with a monthly capacity of 30,000 quantum dot display substrates.
In January 2019, Hewlett-Packard announced the launch of world's first quantum dot display on glass. The company also launched its new range of "Pavilion 27" monitors with quantum dot display.
In February 2019, Nanosys demonstrated its revolutionary quantum efficiency for heavy metal-free red, green, and blue QDEL systems, and successfully printed displays in their laboratories using ink jet technology. This is a major advance in quantum dot engineering of the next decade.

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Some important questions that the Quantum Dot Display Market report tries to answer exhaustively are: 

How the report would assist the Quantum Dot Display market players in making effective strategies?

Which of the applications of the said product or service could influence the contours of the global Quantum Dot Display market in the near future?
How Covid-19 could cause disruptions in the supply chain of the chemical and materials industry?
What factors of the market are likely to hold lucrativeness for the market players?
What could restrain the expansion of the market in the chemicals and materials industry?
Which of the product or service segment could prove to be most lucrative for the market?
What are the recent market developments that could influence the global Quantum Dot Display market?
How technological advancements are likely to impact the market in the near future?
What macro and micro factors are at play in each of the regions of the Quantum Dot Display market?
How competition in the market is likely to influence the decisions of the market players?
What are COVID-19 implications on the global Quantum Dot Display market and learn how businesses can respond, manage, and mitigate the risks?

What Do You Get in a Fact.MR Study?

Factors affecting the overall development of the Quantum Dot Display Market
Factor that might restrain the growth of the global Quantum Dot Display market in the coming years of the forecast period 
What is present competitive scenario of the global Quantum Dot Display Market and its intricate details concerning potential business prospects of leading market players
Pricing strategies of several different market players in the global Quantum Dot Display Market

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This release was published on openPR.