Quantum Dot LED (QLED) Display Market Worldwide Industry Analysis and New Business Opportunities Explored

QLED display refers to a display designed by incorporating quantum dot light emitting diodes which comprise nano-scale crystals. The structure of a QLED is very similar to the OLED technology except that in case of QLED, the light emitting centers are cadmium selenide (CdSe) nano-crystals, or quantum dots. QLED technology offers several advantages in terms of reliability, efficient energy consumption, and tunable color solution for different applications. Such beneficial features of QLED technology reduce production expenditure, while employing ultra-thin, transparent or flexible materials.

Growing demand for ultra-high definition televisions followed by increasing implementation of quantum dots in various applications like display and lighting, are expected to drive market growth during the forecast period. Also, multiple advantages of using quantum dots (QDs) and their applications in optoelectronic instruments like LEDs have led to wide scope for adoption in next-generation electronic displays and optical communication technology. A significant drawback of the OLED display market is that it involves use of toxic cadmium compounds. There are stringent government regulations regarding the use of cadmium and other heavy metals in the manufacturing process of quantum dot technology, which is expected to hinder market growth.

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The global QLED display market is segmented on the basis of fabrication technique, synthesis method, display panel size, display panel type, application, end-use industry, and geography. Segmentation on the basis of fabrication technique includes phase separation and contact printing techniques. Different synthesis methods utilized in QLED displays include epitaxial and colloidal method. By display panel type, the market is divided into rigid, flexible, and others. Based on display panel size, the market is divided into QLED display panel size of up to 6 inches, 6 to 20 inches, 20 to 55 inches, above 55 inches. Categorization on the basis of application includes television, cameras, smartphones, mobiles & tablets, laptops & PC monitors, signage/large format display, vehicles, smart watches and others. In terms of end-use industry, the market is bifurcated into retail, automotive, sports & entertainment, residential, manufacturing, transport & logistics, healthcare, hospitality, academic and research, and others. The global QLED display market has been studied for five geographic regions i.e. North America, South America, Europe, Asia Pacific, and Middle East & Africa.