June 5, 2015
Quantum Dots Market to Grow at 113% CAGR by 2019 Says a New Research Report at ReportsnReports.com
Global Quantum Dots Market 2015-2019 report says increased production of quantum dot-based TVs will lead to more partnerships between TV manufacturers and quantum dot vendors, thus establishing a stable supply chain. The increased awareness and research on quantum dots is expected to fuel the market growth.
Dallas, Texas (PRWEB) June 05, 2015
Global Quantum Dots Market 2015-2019 report analysis 4K UHD TVs are gaining popularity among consumers. For instance, Samsung shifted from producing 4K OLED TVs to producing quantum dot-based LED-LCD 4K TVs, owing to the high development cost of 4K OLEDs. The integration of quantum dots in display devices is expected to create revenue for the market. Following Samsung, other TV manufacturers are likely to develop TVs integrated with quantum dots because of the profitability they offer. Also, the increased production of quantum dot-based TVs will lead to more partnerships between TV manufacturers and quantum dot vendors, thus establishing a stable supply chain.The complete report is spread across 71 pages and provides 15 Exhibits to support the market research. Browse Global Quantum Dots Market 2015-2019 report at http://www.reportsnreports.com/reports/401367-global-quantum-dots-market-2015-2019.html. The Quantum Dots market report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different sectors including LED lighting, optoelectronics and solar modules.
The analysts forecast revenue of the global quantum dots market to grow at a CAGR of 113.9% in terms of revenue during the period 2014-2019. According to the report, quantum dots are used in LCD devices such as TVs, smartphones, and tablets. These devices use LED backlights for display, where a film of quantum dots is inserted between the backlight and the display to enhance the color gamut. The size tenability and narrow color-band frequency emission of quantum dots enable them to manage the brightness of the display while ensuring 80% less power consumption than LCD and OLED displays. Samsung and Sony are developing quantum dot-based 4K and 8K LED LCD TVs, given the cost benefits in comparison to emerging OLED technology. Quantum dots are also used in other optoelectronic devices such as lasers and telecom components to increase their efficiency. While the footprint of quantum dots in optoelectronics is currently low, it is expected to pick up with an increase in product developments.
The report focuses on the present scenario and the future prospects of the global quantum dots market for the period 2015-2019. In this report, revenue from the total shipment (consumption value) of quantum dots in all forms (such as quantum dot films and quantum dot lasers) is considered to present the market size for the base year 2014. The applications considered for calculation of market size include: Healthcare, Life sciences, Medical equipment, LED lighting, Optoelectronics, LED LCD displays, Optoelectronic components used in telecom sector, Solar modules.
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Others: Research and study (educational institutions), Flash memory, Identification tagging, Lasers, Quantum computing, Security and surveillance and Sensors for biohazard detection.
To calculate the market size the following aspects are not considered:
- Shipment of quantum dots for aftersales of any of the devices
- Cost of devices in which quantum dots are used
- Production value of quantum dots
The integration of quantum dots in display devices is expected to create revenue for the market. Like Samsung, many other TV manufacturers are likely to develop TVs integrated with quantum dots because of the profitability they offer. The following companies are the key players in the global quantum dots market: Nanoco Group, Nanosys, Ocean NanoTech, QD Laser, QD Vision and Quantum Materials
Other Prominent Vendors in the market are: Nano Axis, Nn-Labs, Samsung, Sigma-Aldrich, Siva Power (Solexant) and Voxtel.
Market Growth Drivers:
- Increased adoption in optoelectronics
- Growing number of applications in healthcare sector
- High cost of quantum dots
- Low production yield
- Rise in demand for 4K TVs
- Increased penetration of LED for lighting applications
The Global Quantum Dots Market 2015-2019 report states that quantum dots are highly priced, restricting their penetration in growing sectors such as LED lighting, LCD TVs, and solar modules.
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