Quantum Dot Display Market To Reach $9.57 Billion By 2030

Quantum Dot Display Market Growth & Trends

The global quantum dot display market size is expected to reach USD 9.57 billion by 2030, expanding at a CAGR of 10.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing awareness regarding energy-efficient displays is expected to boost global quantum dot display market growth. Surge in demand for advanced QLED powered TVs has propelled industry growth.

Advancements in quantum dot (QD) technology have made them useful for television manufacturers giving them a competitive edge in the industry. Creating better color with color tuning features has become a key selling point for display manufacturers. Moreover, adoption of QDs is expected to increase in smaller displays such as in smartphones and tablet devices owing to its capabilities in creating sharp crisp displays.

Cadmium-containing semiconductor-based QDs exhibit superior performance as compared to their cadmium-free counterparts. However, the toxic nature of such heavy metals has raised environmental concerns. Regulations in EU and Japan restrict the use of cadmium, compelling vendors to focus on the development of Cadmium Free Quantum Dots (CFQD). Manufacturers offering high-performance cadmium-free QDs in adequate volumes are expected to gain competitive advantage in the market moving forward.

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Quantum Dot Display Market Report Highlights

• The LED segment accounted for the largest share of 48.6% of the market revenue in 2023. LEDs form the fundamental light source in most quantum dot display technologies.

• Cadmium containing QD displays accounted for a larger market share of 52.4% in 2023. Cadmium-based quantum dots have exceptional capabilities in replicating a wide color gamut.

• The consumer electronics segment dominated the market with a revenue share of 69.8% in 2023. With changing consumer lifestyles, urbanization, and increasing disposable income levels, consumers are seeking superior visual experiences from their products.

• North America held the highest market share of 43.9% in 2023. This region is home to a significant number of leading technology companies that are at the forefront of developing innovative display technologies.

Quantum Dot Display Market Segmentation

Grand View Research has segmented the global quantum dot display market on the basis of component, material, application, and region:

Quantum Dot Display Component Outlook (Revenue, USD Million, 2018 - 2030)

• Tube

• Film

• LED

Quantum Dot Display Material Outlook (Revenue, USD Million, 2018 - 2030)

• Cadmium Containing

• Cadmium-free

Quantum Dot Display Application Outlook (Revenue, USD Million, 2018 - 2030)

• Consumer Electronics

• Healthcare

Quantum Dot Display Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

• Asia Pacific

  • Japan

  • Taiwan

  • China

  • South Korea

• Latin America

  • Brazil

• Middle East & Africa

List of Key Players of Quantum Dot Display Market

• The Dow Chemical Company

• InVisage Technologies (Apple)

• Nanoco Group plc

• Shoei Electronic Materials, Inc.

• NN-Labs (NNCrystal US Corporation)

• Ocean NanoTech

• SAMSUNG

• QD Laser

• QLight Nanotech

• Quantum Materials Corporation