Valued to be $1.8 Billion by 2026, Quantum Dot Lighting (LED) Solutions Slated for Robust Growth Worldwide

2022-07-02 01:40:11 By : Ms. Swing Chan

SAN FRANCISCO , June 28, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Quantum Dot Lighting (LED) Solutions - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

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Edition: 8; Released: January 2022 Executive Pool: 1003 Companies: 38 - Players covered include Crystalplex Corporation; Fraunhofer IAP; Hisense; Innolume; NanoPhotonica; QD Lasers; Quantum Solutions; Ranovus; TCL; UbiQD and Others. Coverage: All major geographies and key segments Segments: End-Use (Consumer, Telecommunications, Healthcare, Commercial, Defense, Other End-Uses) Geographies: World; United States ; Canada ; Japan ; China ; Europe (France ; Germany ; Italy ; United Kingdom ; Spain ; Russia ; and Rest of Europe ); Asia-Pacific (Australia ; India ; South Korea ; and Rest of Asia-Pacific ); Latin America (Argentina ; Brazil ; Mexico ; and Rest of Latin America ); Middle East (Iran ; Israel ; Saudi Arabia ; United Arab Emirates ; and Rest of Middle East ); and Africa .

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Global Quantum Dot Lighting (LED) Solutions Market to Reach $1.8 Billion by 2026 Amid the COVID-19 crisis, the global market for Quantum Dot Lighting (LED) Solutions estimated at US$462.2 Million , is projected to reach a revised size of US$1.8 Billion by 2026, growing at a CAGR of 25.3% over the analysis period. Consumer, one of the segments analyzed in the report, is projected to record a 20.9% CAGR and reach US$566.4 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Telecommunications segment is readjusted to a revised 28.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $160.1 Million in 2021, While China is Forecast to Reach $416.5 Million by 2026 The Quantum Dot Lighting (LED) Solutions market in the U.S. is estimated at US$160.1 Million in the year 2021. China , the world`s second largest economy, is forecast to reach a projected market size of US$416.5 Million by the year 2026 trailing a CAGR of 30.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada , each forecast to grow at 20.4% and 22.8% respectively over the analysis period. Within Europe , Germany is forecast to grow at approximately 21.5% CAGR.

Healthcare Segment to Reach US$442.6 Million by the year 2026 In the global Healthcare segment, USA , Canada , Japan , China and Europe will drive the 29.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$64.9 Million will reach a projected size of US$399.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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SOURCE Global Industry Analysts, Inc.

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