May 23, 2017: According to Acute Market Report, global quantum dot market is expected to reach $4.6 billion by 2021. Worldwide quantum dot markets are poised to achieve significant growth as next generation systems provide a way to improve traditional displays with vibrant color and decrease the cost of making electronic devices by decreasing manufacturing costs while increasing quality.
Quantum dot (QD) and quantum dot LED (QLED) market is evolving. The quantum dot market depends on techniques for the development of commercial quantity production. Kilogram quantity mass production of quantum dots is a game-changer. high quality, high quantity and low price quantum dots increase the rate of change in consumer electronics markets.
Quantum dot markets are set for rapid growth. Quantum dot market driving forces relate to technology maturity. TV displays, fuel cell catalysts, solar quantum dots, a range of applications depend on the ability to manufacture quantum dots consistently and in sufficient quantity to be useful in a commercial environment. Large screen TV displays represent one of the first commercial application for quantum dots.
This TV display market is a good market. The overall flat panel display (FPD) market is anticipated to reach US$110 Billion by 2017. Growth is driven by widespread use of devices that embed electronic displays. Displays fit in electronic TVs, notebooks, and mobile smart phones. Ample opportunities exist in the automotive sector as display mediums for entertainment and driver assistance systems.
FPDs can tap into opportunities in the advertising sector, where they are used for both outdoor and indoor ad displays. Public display systems are becoming more common. Technology innovation, lower prices, and robust demand bodes well for market development.
Quantum dot films inside FPDs are indispensable to electronic devices that require human operation and as a result LCD and plasma technologies are now commonplace. In the television industry. Quantum dot penetration of flat panel display markets promise to be huge. Demand for thin TVs is strong, with wall mounted TVs accounting for a major portion of the market. FPDs are popular for buildings and transport applications. They are used in digital picture frames.
Challenges to existing display technology comes from viewer desire for pure colors and low energy consumption. These ffeatures are provided by quantum dots. End-use of big TV displays are expected to drive quantum dot markets throughout the forecast period. Industries analyzed include information systems, personal computers, telecom equipment, instrumentation, consumer appliances, transportation equipment, stationary fuels cells, and medical devices.
Quantum dot technology offers screen quality far beyond what has been available previously. The quality of light is better for displays with quantum dots. New products are emerging as manufacturers learn to integrate high efficiency / luminescence quantum dots into display products. The level of change represents a paradigm shift that creates new industries, products, and jobs in science and industry. The list of possible quantum dot applications is ever expanding. New applications are waiting for the availability of quantum dots.