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Quantum Dots Display (QD Display) Market By Raw Materials (Pac-Man Analysis, Cadmium-based, Cadmium-free), By End-Use (Healthcare, Consumer) – Growth, Share, Opportunities & Competitive Analysis, 2022 – 2028

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Published: | Report ID: 8607 | Report Format : PDF

Market Overview

The surging demand for LED displays based on quantum dots is primarily propelling the quantum dot display (QD display) market. This rise in demand stems from the distinct advantages quantum dots offer, such as enhanced energy efficiency, brightness, and unparalleled color purity. Additionally, governmental directives that advocate for the utilization of energy-saving products have amplified the uptake of this technology, thus bolstering market demand.

The market is projected to exhibit a compounded annual growth rate (CAGR) of 26% from 2022 to 2028. While initial market growth faced hurdles due to regulatory concerns surrounding the employment of heavy metals in QD manufacturing, the advent of cadmium-free quantum dots has effectively mitigated this issue. Consequently, by 2028, the quantum dots display market is poised to achieve a valuation of US$ XX Bn, expanding at the aforementioned CAGR during the 2022–2028 forecast period.

Report Scope

This report offers a comprehensive analysis of the global quantum dots display (QD display) market, segmenting it based on raw material types, end-use sectors, and regional distribution. In terms of raw materials, the market is bifurcated into cadmium-based and cadmium-free categories. When examining end-use sectors, the study categorizes the quantum dots display (QD display) market into consumer and healthcare sectors. The report’s regional segmentation covers areas such as North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

Report Description

The quantum dot display industry has experienced substantial growth in recent years, fueled by key developments that are shaping its trajectory. Firstly, there has been an increased demand for these displays in high-end consumer electronics, driven by their exceptional color accuracy and energy efficiency. Notably, market leaders such as Samsung and LG have introduced Quantum Dot technology in their television sets.

Furthermore, the progress in nanotechnology has resulted in the emergence of enhanced and economical production techniques, thereby amplifying the industry’s expansion. Additionally, there is a growing fascination with the application of quantum dot technology in the healthcare domain, particularly in medical imaging and diagnostics.

However, the quantum dot display industry faces challenges as it navigates the future. The global shift towards environmentally friendly technologies puts pressure on the industry to address concerns about the toxicity of specific quantum dots. Consequently, research and development efforts are directed towards the creation of non-toxic, eco-friendly Quantum Dot solutions.

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Purpose of the Report

The intent of this comprehensive research report titled “Global Quantum Dots Display (QD Display) Market: Growth, Share, Opportunities, and Competitive Analysis, 2022–2028” is to provide industry stakeholders, corporate leaders, and other industry professionals with profound insights. This will equip them with the necessary knowledge to make well-informed strategic decisions regarding opportunities in the global quantum dot display market.

Quantum Dots Display (QD Display) Market
Quantum Dots Display (QD Display) Market

Top Leading Players

  • TCL China Star Optoelectronics Technology Co. Ltd.
  • Nanosys Inc.
  • Nanoco Technologies
  • Samsung Electronics Co. Ltd.
  • LG Display Co. Ltd.
  • TCL Corporation
  • LG Electronics Inc.
  • Sharp Corporation
  • StoreDot Ltd.

Target Audience

  • Industry Investors
  • Raw Material Suppliers
  • Quantum Dots Manufacturers
  • QD-based product manufacturers
  • Display Manufacturers
  • End-users

USP and Key Features:

The report titled “Global Quantum Dots Display (QD Display) Market: Growth, Share, Opportunities, and Competitive Analysis, 2022–2028” provides a strategic perspective on the global quantum dots display market, complete with market sizing and forecasts from 2021 to 2028. This research delves deeply into various market segments, categorized by raw materials, end-use applications, and a cross-sectional examination across diverse regions.

This study offers a nuanced look into the quantum dot display market by spotlighting competitive insights spanning various entities in the value chain. For the benefit of decision-makers, the report encompasses a competitive analysis of the top quantum dots display manufacturers, inclusive of their SCOT (Strengths, Challenges, Opportunities, and Weaknesses) evaluation, market positioning, and notable advancements. The comprehensive analysis detailed in the report features:

  • Analysis of present and prospective market trends to identify promising segments within the quantum dots display (QD display) market
  • Examination of market drivers, barriers, and their influence on market progression
  • A thorough evaluation of the competitive landscape
  • Value chain examination.
  • SRC (Segment-Region-Country) Overview

Overall, the research study provides the following:

  • A holistic view of the global quantum dot display market
  • Offering market size and estimates for the period from 2022 to 2028.
  • Keeping in mind the above-mentioned factors,

End-use application segmentation analysis

Based on end-use applications, the quantum dots display (QD display) market is categorized into the following segments:

  • Healthcare (in vivo imaging, in vitro imaging, etc.)
  • Consumer

The accompanying illustration highlights the contributions of various end-use application segments to the global quantum dots display (QD display) market in both 2021 and 2028.

In 2021, the consumer application segment, which encompasses quantum dots technology used in LED TVs, LCDs, wearable electronic gadgets, and high-definition security cameras, dominated the global quantum dots display (QD display) market. This dominance is anticipated to persist from 2022 to 2028. A significant factor behind this trend is the extensive research and development in nanotechnology, leading to the commercial introduction of numerous QD display items. Major consumer electronics manufacturers worldwide have already debuted QD display products, with several more anticipated in their product roadmap.

Quantum dot technology holds the promise of transforming the consumer electronics sector, particularly the TV market. Display manufacturers vie for a competitive edge by emphasizing color performance, color tuning features, and energy efficiency. Quantum dots stand out for their superior image quality, performance efficacy, and reduced energy consumption, positioning them as a favored choice for display technologies. With technological advancements, quantum dots are expected to gain more traction in smartphones, tablets, and other mobile display gadgets.

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Industry Developments in Quantum Dot Display

  • February 2022: UbiQD, Inc., a nanomaterials innovation firm based in New Mexico, publicized the release of fresh plant trial data and the debut of a new website centered on the greenhouse industry. Their brand, UbiGro, leverages UbiQD’s quantum dot technology to introduce a distinctive layer of light in greenhouses. This aids growers in achieving an ideal light spectrum. UbiGro represents a significant shift from traditional energy-intensive horticultural lighting, marking a transformative moment in the controlled-environment agriculture sector. It has been integrated into over 30 distinct greenhouse locations across seven states in the U.S. and seven other countries.
  • July 2019: Nanoco Group unveiled a method for crafting quantum dots from harmless materials. These dots are suitable for uses such as biomarkers, which aim at specific tissues for instantaneous imaging. The company’s objective is to combine these quantum dots with antibodies. Once merged, they can be administered to patients, assisting in identifying malignant cells during endoscopies. This would be especially useful in image-guided surgeries and in targeting any residual cells post-surgery.
  • October 2019: Samsung pledged an investment of US$11 billion in the establishment of the world’s premier quantum dot display manufacturing unit. Starting in the beginning of 2021, this facility is projected to function with a monthly throughput of 30,000 quantum dot display substrates.
  • January 2019: Hewlett-Packard revealed the introduction of the world’s inaugural quantum dot display on glass. Concurrently, the company presented its novel “Pavilion 27” monitor series, equipped with quantum dot displays.
  • February 2019: Nanosys showcased its groundbreaking quantum efficiency for red, green, and blue QDEL systems that are devoid of heavy metals. The company successfully crafted displays in their labs using inkjet technology, heralding a significant step forward in the quantum dot engineering landscape for the upcoming decade.

Geography Segmentation Analysis

On the basis of geography, the global quantum dot display (QD display) market is segmented into the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

The subsequent illustration showcases the regional contributions to the global quantum dots display (QD display) market for the year 2021.

As of 2021, North America, encompassing the U.S. and Canada, held the dominant position in the global quantum dots display (QD display) market, contributing to over 35% of the total market revenue. The leading role of the U.S. in quantum dots research rendered it the largest individual market for QD displays globally.

The North American region has recently seen significant investments and extensive research centered on the creation of advanced nanoparticles suitable for integration into display technologies. From 2022 to 2028, North America is poised to maintain its status as the top QD display market. Yet, during the same period, Asia-Pacific is anticipated to undergo the most rapid growth, surpassing both North America and Europe. This acceleration can be attributed to governmental efforts in key Asia-Pacific countries that are championing energy-efficient technologies to achieve energy independence. Such endeavors are likely to fuel the demand for quantum dots in display technologies.

Raw Material Segmentation Analysis

The global quantum dots display (QD display) market, based on raw materials, is divided into the following segments:

  • Cadmium-based raw materials (such as cadmium selenium and cadmium tellurium)
  • Cadmium-free raw materials

An upcoming illustration will display the contribution of these distinct raw materials to the global quantum dots display (QD display) market for the years 2021 and 2028.

In 2021, cadmium-based raw materials like cadmium selenium and cadmium tellurium were the predominant materials utilized for the production of quantum dots. These materials represented over two-thirds of the total QD display market revenue that year. It’s projected that cadmium-based materials will remain the dominant segment through the first half of the forecast period from 2022 to 2028. Nevertheless, by 2028, cadmium-free materials are poised to become the primary segment in the market.

The increasing restrictions on using heavy metals (such as cadmium and its derivatives) in electrical and electronic devices have paved the way for substantial growth of cadmium-free quantum dots from 2022 to 2028. Recognizing this trend and its potential commercial implications, global manufacturers are shifting towards producing cadmium-free quantum dots that possess optical qualities comparable to those of their cadmium-based counterparts. The only disadvantage of cadmium-free quantum dots is their comparatively lower quantum efficiency relative to cadmium-based materials.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology

2. Executive Summary
2.1. Quantum Dots Display (QD Display) Market Industry Snapshot

3. Global Quantum Dots Display (QD Display) Market Analysis
3.1. Quantum Dots Display (QD Display) Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Restraints
3.3.3. Opportunity Matrix
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key Industry Participants

4. Global Quantum Dots Display (QD Display) Market By Raw Materials, 2020 – 2028 (US$ Bn)
4.1. Pac-Man Analysis
4.2. Cadmium-based
4.3. Cadmium-free

5. Global Quantum Dots Display (QD Display) Market By End-use Application, 2020 – 2028 (US$ Bn)
5.1. Pac-Man Analysis
5.2. Healthcare
5.3. Consumer

6. North America Quantum Dots Display (QD Display) Market, 2020 – 2028 (US$ Bn)
6.1. Overview
6.2. North America Quantum Dots Display (QD Display) Market By Raw Material, 2020 – 2028 (US$ Bn)
6.2.1. Pac-Man Analysis
6.2.2. Cadmium-based
6.2.3. Cadmium-free
6.3. North America Quantum Dots Display (QD Display) Market By End-use Application, 2020 – 2028 (US$ Bn)
6.3.1. Pac-Man Analysis
6.3.2. Healthcare
6.3.3. Consumer
6.4. North America Quantum Dots Display (QD Display) Market, By Country 2020 – 2028 (US$ Bn)
6.4.1. U.S.
6.4.2. Rest of North America

7. Europe Quantum Dots Display (QD Display) Market, 2020 – 2028 (US$ Bn)
7.1. Overview
7.2. Europe Quantum Dots Display (QD Display) Market By Raw Material, 2020 – 2028 (US$ Bn)
7.2.1. Pac-Man Analysis
7.2.2. Cadmium-based
7.2.3. Cadmium-free
7.3. Europe Quantum Dots Display (QD Display) Market By End-use Application, 2020 – 2028 (US$ Bn)
7.3.1. Pac-Man Analysis
7.3.2. Healthcare
7.3.3. Consumer
7.4. Europe Quantum Dots Display (QD Display) Market, By Region 2020 – 2028 (US$ Bn)
7.4.1. EU7
7.4.2. CIS
7.4.3. Rest of Europe

8. Asia Pacific Quantum Dots Display (QD Display) Market, 2020 – 2028 (US$ Bn)
8.1. Overview
8.2. Asia Pacific Quantum Dots Display (QD Display) Market By Raw Material, 2020 – 2028 (US$ Bn)
8.2.1. Pac-Man Analysis
8.2.2. Cadmium-based
8.2.3. Cadmium-free
8.3. Asia Pacific Quantum Dots Display (QD Display) Market By End-use Application, 2020 – 2028 (US$ Bn)
8.3.1. Pac-Man Analysis
8.3.2. Healthcare
8.3.3. Consumer
8.4. Asia Pacific Quantum Dots Display (QD Display) Market, By Country 2020 – 2028 (US$ Bn)
8.4.1. China
8.4.2. Japan
8.4.3. India Subcontinent
8.4.4. Rest of Asia Pacific

9. Rest of World Quantum Dots Display (QD Display) Market, 2020 – 2028 (US$ Bn)
9.1. Overview
9.2. Rest of World Quantum Dots Display (QD Display) Market By Raw Material, 2020 – 2028 (US$ Bn)
9.2.1. Pac-Man Analysis
9.2.2. Cadmium-based
9.2.3. Cadmium-free
9.3. Rest of World Quantum Dots Display (QD Display) Market By End-use Application, 2020 – 2028 (US$ Bn)
9.3.1. Pac-Man Analysis
9.3.2. Healthcare
9.3.3. Consumer
9.4. Rest of World Quantum Dots Display (QD Display) Market, By Region 2020 – 2028 (US$ Bn)
9.4.1. Latin America
9.4.2. Middle East and Africa

10. Profiles
10.1. QD Vision, Inc.
10.2. Nanosys, Inc.
10.3. Nanoco Technologies Ltd.
10.4. QD Laser, Inc.
10.5. Ocean NanoTech LLC
10.6. Evident Technologies, Inc.
10.7. LG Display Co. Ltd.
10.8. Samsung Electronics Co. Ltd.
10.9. Quantum Materials Corporation
10.10. InVisage Technologies, Inc.

Frequently Asked Questions

What is the size of Quantum Dots Display (QD Display) Market?

The market for Quantum Dots Display (QD Display) Market is expected to reach US$ XX Bn by 2028.

What is the Quantum Dots Display (QD Display) Market CAGR?

The Quantum Dots Display (QD Display) Market is expected to see significant CAGR growth over the coming years, at 26%.

What is the Forecast period considered for Quantum Dots Display (QD Display) Market?

The report is forecasted from 2022-2028.

What is the base year considered for Quantum Dots Display (QD Display) Market?

The base year of this report is 2021.

Who are the major players in this market?

QD Vision, Inc., Nanosys, Inc., Nanoco Technologies Ltd., QD Laser, Inc., Ocean NanoTech LLC are some of the major players in the global market.

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