Self-Luminous Displays Market: Product Scope, Overview, Industry Opportunities, Driving Forces and Risk Analysis
Self-luminous displays are the displays which are usually used in manufacturing of OLED and QLED. OLED displays can be of different types including – plastic based/flexible displays and foldable displays. Self-luminous displays have a wide range of application in the consumer electronics industry which primarily encompasses smartphones and TVs. Also, QLED is a self-luminous kind of display. Quantum Dots (QD) are a suitable type of material for the production of self-luminous displays. Quantum dots are small molecules which has multiple special properties one of which is the ability to glow when provided an appropriate amount of energy. The wavelength generated varies as per the size of the dot. Hence the final color outcome can vary. For instance, a smaller dot might glow green and a larger dot might glow red. With the help of quantum dot one can combine the advantages of the traditional light emitting diode and the self-luminous quantum dots. Additionally, the color output is very bright owing to the narrow band emission spectra. However, despite of the high brightness quantum dots are highly efficient and hence a limited amount of energy is used as compared to separate RGB LEDs or blue LEDs with a yellow phosphor. The quantum dot technology in displays is a strong competition to its OLED counterpart.
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Enhanced picture quality along with the energy efficiency provided by self-luminous displays is one of the primary reasons for the growth of the global self-luminous displays market over the forecast period. Additionally, the rising use of OLED in mobile phones is suggested to have a prominent impact on the global self-luminous display market over the forecast period. However, the health issues caused by hindrance in sleep associated with self-luminous display devices is anticipated to have a negative impact on the growth of the global self-luminous display market in the coming years. Rising usage of self-luminous displays in consumer electronics industry in the Asia Pacific region and the rising innovation in display technology can a significant impact on the global self-luminous displays market over the forecast period.