Press release
QLED Market Worth to cross USD 4 Billion at CAGR of 32% by 2023
Market Highlights
The increased energy efficiency, vibrant colors and high resolution features are the factors expected to boost the quantum dot display LED market over the forecast period, 2017-2023. Manufacturers are investing for new advancement of technologies with better features. For instance, Samsung invented the new television which has quantum dot display with LED panels. The new product launched by Samsung Electronics, features better picture quality, high resolution, bold contrast and better angle viewing. However, there are few factors which are hampering the growth of the quantum dot display LED market such as the usage of cadmium and other heavy metals while manufacturing quantum dots displays.
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QLED Market
According to Market Research Future, the market can be segmented into component, type, application and region.
• On the basis of component, the market can be bifurcated into film, tube and LED.
• On the basis of type, the market can be segmented into QDEF and QLED. QLED accounted for the largest market share, majorly due to the increasing usage of quantum dot displays with LED.
• On the basis of application, the market can be segmented as smartphones, tablets, monitors and television.
• On the basis of region, the market can be divided into North-America, Asia-Pacific, Europe and Rest of the world.
Key Players:
The key players in the global quantum dot display LED market include- Sony Corporation (Japan), Altairnano (U.S.), Evident Technologies Inc (U.S.), LG Display (South Korea), Samsung Electronics Co. Ltd (South Korea), Microvision Inc (U.S.), Quantum Materials Corporation (U.S) among others.
Access the market data and market information presented through more than 25 market data tables and 25 figures spread over 100 numbers of pages of the project report “QLED Market Research Report- Forecast to 2023”
Market Research Future Analysis
The global quantum dot display LED market is expected to grow significantly over the forecast period, 2017-2023. Consumer electronics of quantum dot display LED market globally drives the market. The market is expected to have higher growth rate as compared to the previous years.
North America region accounted for the largest market share because of the technological advancements and increasing disposable income. Also, the increasing demand for display content in the gaming industry is indirectly boosting the growth of the quantum dot display market in this region. Hence, the North-American countries are investing more for better displays.
Also, over the forecast period the Asia-Pacific region is expected to grow due to the growth of new technological solutions in the developing nations such as China and India.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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