Lucintel Forecasts Quantum Dot Market to Grow at a CAGR of 23% to 25% from 2021 to 2026

According to the recent study the quantum dot market is projected to grow at a CAGR of 23% to 25% from 2021 to 2026. Growth in this market is primarily driven by growing demand for quantum dot in display devices and advanced features of quantum dot.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in quantum dot market by product type (displays and others), material (cadmium-based, and cadmium-free), end use industry (consumer, commercial, healthcare, defense, telecommunications, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Cadmium-free market is expected to remain the largest segment during the forecast period.”

Based on material, the quantum dot market is segmented into cadmium-based, and cadmium-free. Lucintel forecasts that the cadmium-free market is expected to remain the largest segment due to their environmental-friendly properties that make them toxic free, safe to use, and sustainable.

“Within the quantum dot market, the consumers segment is expected to remain the largest end use industry.”

Based on end use industry the consumers segment is expected to witness the highest growth over the forecast period due to increasing use of quantum dots in consumer electronic devices. Quantum dots provide better display properties improving the color, brightness, and reducing power consumption for the devices.

“Asia pacific will dominate the quantum dot market in near future.”

Asia Pacific will remain the largest region during the forecast period due to increasing use of quantum dot products in automotive, consumer electronics, and lightning applications, improving manufacturing industry, rise in GDP per capita, and capital expenditure support growth of the market in APAC.

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Major players of quantum dot market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Samsung Electronics, Nanosys, Nanoco Group, NN-Labs, Quantum Materials, Ocean NanoTech, and OSRAM Licht are among the major quantum dot providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/quantum-dot-market.aspx   or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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