The global quantum dot (QD) material market is forecast to reach $550 million by 2034. While this figure represents significant growth, it only begins to scratch the surface of the market’s potential, particularly in the field of display technology. Quantum dots, discovered in 1980, are semiconductor nanocrystals that exhibit unique optical and electrical properties due to their nanoscale dimensions. These properties make them highly suitable for display applications.
The adoption of quantum dots in displays has gone through several stages. The initial approach, known as “QD on Edge,” involved placing quantum dots between the LED and the light guide plate (LGP). However, this solution faced limitations and difficulties in scaling. The dominant quantum dot product in the market today is the quantum dot enhancement film (QDEF), which was introduced in 2013. QDEF offers advantages such as compatibility with both edge-lit and direct-lit displays, easy implementation into existing manufacturing processes, and lower temperature and light flux requirements.
Another adoption type, quantum dot color converters (QDCC), has gained momentum, particularly in OLED and micro-LED displays. QDCCs offer improved color gamut, high brightness, and wider viewing angles compared to white OLED, making them an attractive option for display manufacturers. Quantum dots are also being directly integrated into LED packages (“QD on Chip”) and used as emissive pixels in quantum dot light-emitting diode (QLED) displays.
As quantum dot technology continues to develop, it is revolutionizing the display industry and creating lucrative business opportunities. Quantum dot-containing displays are currently marketed as premium products, offering enhanced color gamut and improved visual quality. With each technological advancement, quantum dots redefine the boundaries of what is achievable in display technology, promising a substantial increase in market value.
IDTechEx Research has been at the forefront of quantum dot technology analysis since 2013, providing valuable insights into the technological landscape and market dynamics. Their report, “Quantum Dot Materials and Technologies 2024-2034: Trends, Markets, and Applications,” offers detailed information on the properties of quantum dots, existing and future applications, challenges, market trends, and opportunities.
Sources: gameishard.gg
