Quantum dots enable the display of more than 1 billion colors. The improvement compared to LCD displays is as much as 50%.
The nanoparticles used in quantum dot displays range from 2 to 10 nanometers in size. In other words, even the larger “dots” measure just 0.000001 centimeters.
Consumer electronics currently account for 80% of the US quantum dot display market, according to Grand View Research.
And it’s a growing category: Samsung alone expects to sell 2 million quantum dot displays by 2025. This compares to only 4 million quantum dot displays sold by all suppliers in 2018.
On top of that, medical imaging applications are expected to account for a quarter of the market by 2022.
According to Markets and Markets, the quantum dot technology industry as a whole is estimated to rise to as high as $10.6 billion by 2025 (from $3.5 billion today). That represents a CAGR of almost 25%.
Quantum dot displays are part of the “ultra-premium display” meta trend.
TV screens of 60 inches or more have the highest market share growth of any screen size (Statista).
4 in 5 new TVs released last year had a screen resolution of at least 4K.
And sales of gaming monitors with refresh rates of 100Hz or higher were over 11 million units this year. That’s up from 5.1 million in 2018.
The market for premium commercial screens is growing at a rapid rate. Currently worth $43.34B, the commercial display market is expected to grow to $61B by 2025 (Grand View Research). This is being driven by increasing demand for 4K and 8K products.