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Demand for Vibrant Displays Ups Adoption of Global Quantum Dots Market
MarketResearchReports.biz announced the addition of a new research report to its ever-increasing, comprehensive report repository. The research report, titled “Global Quantum Dots Market 2017-2021,” explains the concept of quantum dots and the wide scope of their applications. The publication has been compiled using primary and secondary research methodologies to provide the readers an accurate and an exact assessment of the emerging market trends. The research analysts have also compared the historical background of the global market with the present-day market situation to map the trajectory of the overall market between the forecast period of 2017 and 2021.
According to the research report, the global quantum dots market is expected to progress at a CAGR of 120.84% between 2017 and 2021. The terrific surge in the market will be attributable to the increasing demand for 4K UHD TVs and high adoption of monitors and laptops. The market’s growth will also be favored by an increasing interest of end users in cadmium-free quantum dots and a soaring need for energy-efficient devices. On the downside, the global market will be challenged by the high cost of production of quantum dots and a low production yield. Furthermore, the excessive usage of toxic materials in production of quantum dots, high pressure of time to market, and unsteady demand from end users are also expected to act as impediments in the global market.
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However, the market is expected to find lucrative opportunities as the demand for vibrant, bright, and high-resolution displays continues to grow. The increasing disposable incomes, rising expenditure on entertainment, and introduction of improved technologies are all expected to generate the demand for better displays. Furthermore, the growing adoption of optoeleteonics and widening applications of quantum dots are also expected to make a generous contribution toward revenue of the global quantum dots market in the near future.
On the basis of application, the global quantum dots market is segmented into display and others. From a geographic point of view, the market has been fragmented into Europe, the Middle East and Africa, the Americas, and Asia Pacific. The research report includes SWOT analysis that helps in determining the strengths, weaknesses, opportunities, and threats influencing the segments of the global quantum dots market over the forecast period.
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Some of the leading players operating in the global quantum dots market are QD Vision, Quantum Materials, Nanoco, and Nanosys. The research report provides a thorough analysis of these companies along with offering a understanding their financial outlooks. Additionally, the research report also offers valuable insights into the research and development strategies of these players, their business and marketing strategies, and their expansion plans for the near future. The publication is complete with recommendation and comments by expert market players that are aimed at offering market enthusiasts a fair picture of the global market to make well-informed decisions.
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