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Quantum Dot Market worth $8.6 billion by 2026, at a CAGR of 16.2%

Quantum Dot Market worth $8.6 billion by 2026, at a CAGR of 16.2%

October 01
21:06 2021
Quantum Dot Market worth $8.6 billion by 2026, at a CAGR of 16.2%
Quantum Dot Market
[234 Pages Report] The quantum dot market size is estimated to be worth USD 4.0 billion in 2021 and is projected to reach USD 8.6 billion by 2026, at a CAGR of 16.2%.

According to a research report Quantum Dot Market with COVID-19 Impact Analysis by Material (Cadmium-based, Cadmium-free), Product (Quantum Dot Displays, Other Products), Vertical (Consumer, Commercial, Healthcare, Defense, Telecommunications), and Geography – Global Forecast to 2026″ published by MarketsandMarkets, the global quantum dot market is expected to reach USD 8.6 billion by 2026 from USD 4.0 billion in 2021, at a CAGR of 16.2% during the 2021-2026 period.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=694

Browse 159 market data Tables and 69 Figures spread through 234 Pages and in-depth TOC on “Quantum Dot Market with COVID-19 Impact Analysis and Geography – Global Forecast to 2026”View detailed Table of Content here
https://www.marketsandmarkets.com/Market-Reports/quantum-dots-qd-market-694.htmlQuantum Dot Market

The rapid growth of the global quantum dot market is attributed to the some of the driving factors such as the growing demand for quantum dots in display devices, the advantages of quantum dots over conventional displays and the diverse applications of quantum dots.

Cadmium-free quantum dots to register the highest growth in the quantum dot market during the forecast period

Increased concentration of cadmium in electronic products has an adverse impact to human health. Even in quantum dots, the concentration of cadmium must be maintained under the suitable levels for regulatory approvals. However, manufacturers are increasingly using suitable substitutes to cadmium to manufacture quantum dots. The increasing demand for cadmium-free quantum dots is expected to drive the market growth.

Quantum dot displays to hold largest market share in the quantum dot market during the period 2021 and 2026

Properties such as high luminous efficacy, high brightness and low power consumption make quantum dots highly suited for displays. Quantum dot displays resist moisture more effectively than other displays and hence, they have a longer life than other displays. The use of inorganic materials in quantum dots prevent burn-ins which is seen in other displays. The numerous advantages of using quantum dot displays is a major factor driving the growth of quantum dot displays.

Asia Pacific to account for the largest share of quantum dot market during the forecast period

Asia Pacific holds the largest share in the global quantum dot market. The major factors driving market growth include the presence of many established display manufacturers, the growing number of market players and research organizations involved in R&D activities related to quantum dot technology, the increasing advancements in the display ecosystem and the growing demand for quantum dot displays.

The report profiles key players such as Samsung Electronics (South Korea), Nanosys (US), Nanoco Group (UK), NNCrystal US Corporation (US), QD Laser (Japan), Merck Group (Germany), NanoPhotonica (US), OSRAM Licht (Germany), Crystalplex Corporation (US), LG Electronics (South Korea) and DuPont (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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