Quantum Dot LED Display Market - 2017-2025 by Segmentation: Based on Product, Application and Region
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.
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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.
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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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