What Is The Current and Historic Market Size Analysis Of The Quantum Dot QD Display Market?
The quantum dot qd display market has seen considerable growth due to a variety of factors.
• The market size for quantum dot (QD) displays has undergone rapid growth in the past few years. It is projected to escalate from $4.51 billion in 2024 to $5.30 billion in 2025, with a compound annual growth rate (CAGR) of 17.3%.
Factors contributing to this growth during the historic period include advancements in quantum dot materials, an increase in display research investment, a shift towards slimmer and lighter screens, a surge in smart device usage, and progress in production methods to reduce costs.
What are the Market Size and Expected Growth Rates for the Quantum Dot QD Display Market?
The quantum dot qd display market is expected to maintain its strong growth trajectory in upcoming years.
• Projected growth in the quantum dot (QD) display market is forecasted to be swift in the coming years, with the market anticipated to scale up to $9.92 billion by 2029 at a compound annual growth rate (CAGR) of 17.0%.
This escalation during the forecast period can be linked to the surge in smart homes and IoT devices, an incline in demand for curved and flexible displays as well as high dynamic range (HDR) content, advancements in quantum dot backlighting technology, and a rise in disposable income in burgeoning markets. Significant trends to note are progression in hybrid quantum dot technology, an elevated use of quantum dots in digital signage, the emergence of quantum dot displays in virtual reality devices, incorporation of quantum dots in laptops and monitors, and the designs of flexible and foldable quantum dot displays.
Which Key Drivers Are Propelling The Quantum Dot QD Display Market's Growth?
The quantum dot (QD) display market's expansion is anticipated to be driven by the consumer electronics surge in demand. Consumer electronics, designed for everyday use by typical customers, are electronic devices such as smartphones, televisions, and domestic appliances. Technological progression, growing disposable incomes, and an increased dependence on digital gadgets in daily routines are all contributing to the increased demand for these consumer electronics. Quantum Dot (QD) display technology enhances the quality of these consumer electronics by delivering improved color precision, brighter imagery, and superior energy efficiency suitable for devices such as smartphones, TVs, and monitors. For instance, the Consumer Technology Association, a US-based trade organization, projected a 2.8% rise in U.S. retail sales of consumer technology in August 2024, culminating in $512 billion in 2024. Therefore, the consumer electronics sector's escalated demand will stimulate the quantum dot (QD) display market's growth.
What Are The Key Segments Within The Global Quantum Dot QD Display Market?
The quantum dot (QD) display market covered in this report is segmented –
1) By Product: Smartphone, PC Monitor, Tablet PC, Television (TV)
2) By Material: Cadmium Based, Cadmium Free
3) By Application: Optoelectronics, Biological Imaging, Security And Surveillance, Quantum Optics, Renewable Energy
4) By End-User: Consumer Electronics, Healthcare, Automotive, Other End-Users
Subsegments:
1) By Smartphone: OLED-Based QD Display, LCD-Based QD Display
2) By PC Monitor: Curved QD Display Monitors, Flat QD Display Monitors
3) By Tablet PC: OLED QD Display Tablets, LCD QD Display Tablets
4) By Television (TV): 4K QD TV, 8K QD TV, QD-OLED TV
Pre-Book The Quantum Dot QD Display Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Impacting The Size Of The Quantum Dot QD Display Market?
Major companies operating in the quantum dot (QD) display market are focused on developing technologies to minimize waste during production, such as quantum dot (QD) ink recycling technology to reduce environmental impact by recycling materials and implementing eco-friendly practices in manufacturing. Quantum dot (QD) ink recycling technology refers to a process that recovers and reuses unused QD ink from the manufacturing of QD-OLED displays, reducing waste and production costs. For instance, in October 2024, Samsung Display, a South Korea-based electronics manufacturer, unveiled its innovative Quantum Dot Ink Regeneration Technology to enhance the cost efficiency of its QD-OLED displays. This advancement allows the company to recover and reuse 80% of the QD ink previously wasted during the production of the QD light-emitting layer, a vital component of QD-OLED displays. The layer is formed through an inkjet printing process that precisely deposits red and green QD ink via microscopic nozzles. However, approximately 20% of the ink remained unused in the nozzles and was discarded. By addressing this inefficiency, Samsung Display's new recycling process is expected to save over KRW 10 billion (around $7.3 million) annually, marking a significant step toward more sustainable and cost-effective display manufacturing.
Who Are the Key Players In The Quantum Dot QD Display Market?
Major companies operating in the quantum dot (QD) display market are:
• Samsung Electronics Co. Ltd.
• Hon Hai Precision Industry
• Sony Corporation
• LG Electronics Inc.
• Panasonic Corporation
• Dow Chemical Company
• 3M Company
• BOE Technology Group Co. Ltd.
• TCL Technology
• Sharp Corporation
• Acer Inc.
• AU Optronics Corporation
• Konica Minolta
• Innolux Corporation
• Hisense Group Co. Ltd
• Japan Display Inc
• Vizio Inc.
• ViewSonic Corporation
• China Star Optoelectronics Technology
• Nanoco Group
• Quantum Materials Corporation
• Evident Technologies
• Ocean NanoTech
What Are The Regional Insights Into The Quantum Dot QD Display Market?
North America was the largest region in the quantum dot (QD) display market in 2024. The regions covered in the quantum dot (QD) display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
