The North America Quantum Dot Display Market is expected to witness market growth of 17.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Quantum Dot Display Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.21 billion by 2031. The Canada market is experiencing a CAGR of 19.5% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 18.5% during 2024-2031.
These displays are versatile and have applications across various sectors, making them popular for manufacturers and consumers. They enhance home theatre systems by delivering richer colors and deeper contrasts, making movies and shows more engaging. They support high dynamic range (HDR) content, providing a more lifelike viewing experience with greater brightness and colour depth.
Graphic designers, photographers, and video editors benefit from quantum dot technology, which ensures precise colour reproduction and high fidelity in colour-sensitive applications. These displays often cover 99% or more of the Adobe RGB colour space, making them ideal for professional creative industries. These displays can be used in medical imaging equipment, providing high-resolution images that aid diagnostics and analysis. Their ability to display subtle colour differences is beneficial in interpreting complex medical data and enhancing the visualization of medical images.
As healthcare services expand and evolve in Canada, the demand for advanced technologies will inevitably rise. These displays, known for their superior colour accuracy, energy efficiency, and high brightness, have the potential to enhance medical imaging and diagnostic tools significantly. With the influx of funding, hospitals, and healthcare facilities may invest in advanced diagnostic imaging equipment and displays that utilize quantum dot technology. Mexico’s robust electronics manufacturing hub position is a critical market driver. The significant trade exchange in electrical and electronic equipment underscores the country’s capacity to produce advanced electronic components and devices. Major electronics manufacturing states like Baja California, Chihuahua, Nuevo León, Jalisco, and Tamaulipas foster an ecosystem conducive to producing and integrating quantum dot displays. In conclusion, rising healthcare investments in Canada and the rise of the Mexican electronics sector are propelling the market's growth.
The US market dominated the North America Quantum Dot Display Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.21 billion by 2031. The Canada market is experiencing a CAGR of 19.5% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 18.5% during 2024-2031.
These displays are versatile and have applications across various sectors, making them popular for manufacturers and consumers. They enhance home theatre systems by delivering richer colors and deeper contrasts, making movies and shows more engaging. They support high dynamic range (HDR) content, providing a more lifelike viewing experience with greater brightness and colour depth.
Graphic designers, photographers, and video editors benefit from quantum dot technology, which ensures precise colour reproduction and high fidelity in colour-sensitive applications. These displays often cover 99% or more of the Adobe RGB colour space, making them ideal for professional creative industries. These displays can be used in medical imaging equipment, providing high-resolution images that aid diagnostics and analysis. Their ability to display subtle colour differences is beneficial in interpreting complex medical data and enhancing the visualization of medical images.
As healthcare services expand and evolve in Canada, the demand for advanced technologies will inevitably rise. These displays, known for their superior colour accuracy, energy efficiency, and high brightness, have the potential to enhance medical imaging and diagnostic tools significantly. With the influx of funding, hospitals, and healthcare facilities may invest in advanced diagnostic imaging equipment and displays that utilize quantum dot technology. Mexico’s robust electronics manufacturing hub position is a critical market driver. The significant trade exchange in electrical and electronic equipment underscores the country’s capacity to produce advanced electronic components and devices. Major electronics manufacturing states like Baja California, Chihuahua, Nuevo León, Jalisco, and Tamaulipas foster an ecosystem conducive to producing and integrating quantum dot displays. In conclusion, rising healthcare investments in Canada and the rise of the Mexican electronics sector are propelling the market's growth.
List of Key Companies Profiled
- Quantum Materials Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- LG Display Co., Ltd. (LG Corporation)
- Sony Corporation
- Nanoco Group plc
- 3M Company
- Sharp Corporation
- AU Optronics Corporation
- Ocean NanoTech, LLC
- NNCrystal US Corporation (Hangzhou Najing Technology Company)
Market Report Segmentation
By Material- Cadmium Containing
- Cadmium-free
- LED
- Film
- Tube
- Consumer Electronics
- Healthcare
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Quantum Dot Display Market by Material
Chapter 6. North America Quantum Dot Display Market by Component
Chapter 7. North America Quantum Dot Display Market by Application
Chapter 8. North America Quantum Dot Display Market by Country
Chapter 9. Company Profiles
Companies Mentioned
Some of the key companies profiled in this North America Quantum Dot Display Market include:- Quantum Materials Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- LG Display Co., Ltd. (LG Corporation)
- Sony Corporation
- Nanoco Group plc
- 3M Company
- Sharp Corporation
- AU Optronics Corporation
- Ocean NanoTech, LLC
- NNCrystal US Corporation (Hangzhou Najing Technology Company)
Methodology
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