Quantum Dot Display (QLED) Market Emerging Trends, Drivers and Forecast Analysis to 2022
Global
Quantum Dot Display (QLED) Market is
expected to rise at a positive CAGR in the predicted period. Quantum dots are a
novel type of display used in LCDs for visual displays. The global market is
booming with lots of novel devices heading up. Technically, a quantum dot
display uses quantum dots or semiconductor nanocrystals and the quantum dots
may radiate light or just convert it into blackly LCDs.
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Currently,
all commercial products such as TVs using quantum dots, and branded as QLED,
use them to convert light for LCD backlights, rather than as part of the actual
display. This display technology would be analogous to organic light-emitting
diode (OLED) displays, such that light would be produced on demand that would
result into more well-organized displays, and is also seen as the next
generation technology after OLED. Quantum dots are tiny bits of semiconductor
crystals with optical possessions that are strongminded by their material
composition and their size is small to the nanoparticle level.
Quantum Dot Display (QLED) Market
is segmented, By Applications HDTV and Displays, LED lighting, Optical
Component Lasers, Others. Quantum
Dot LED (QLED) commercial focus has remained on key optical applications:
Optical component lasers are developing as an important market. LED
backlighting for LCD displays, LED general lighting, and solar power quantum
dots are commencement to reach the market. Vendors continue to evaluate other
applications. Global Quantum Dot Display
(QLED) Market is segmented, By Product Type QLED, QDEF.
QDs
have great potential as light-emitting materials for next-generation displays
with extremely saturated colors because of high quantum efficiency, sharp
spectral resolution, and easy wavelength tenability. Because QDs convert light
to current, QDs have uses in other applications, counting solar cells, photo
detectors, and image sensors.
Quantum
Dot Display (QLED) Market is segmented, By Geographical Region Korea, North
America, China, Japan and Others. 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 principal 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. Also, over the
prediction period the Asia-Pacific region is estimated to grow due to new
technological solutions in the emerging nations such as China and India.
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Key market players in
the Quantum Dot Display (QLED) Industry include Samsung, Sharp, CSOT, AUO, BOE.
Samsung estimates that they cost less than half of what it costs to make LCDs
or OLED panels. QLED quantum dot display is better than OLED. It is brighter, cheaper,
and saves more energy.
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