About Quantum Dot
Demand in Quantum Dots (QD) market has increased over the past few years. Quantum dots are semiconductors that can be used for different devices instead of searching for a new semiconductor with special chemical composition. The major application for quantum dots (QD) are display and monitor as quantum dots are used in LED. Quantum dots are tiny particles or Nanocrystals of a semiconducting material with diameters in the range of 2-10 nanometers (10-50 atoms). Further, rising energy demands globally currently call for improved energy efficiency usage and increased energy supply is driving the Global Quantum Dots market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 62.6% |
The market is fragmented with top international and regional players. The players are involved in new product launch with high investment. For instance, In 2017 Nanosys and DIC announced a breakthrough in inkjet-printed Quantum Dot color conversion devices for LCD and emissive displays, paving the way to the USD 12.6 billion anticipated markets for low cost, ultra-thin and flexible displays. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Quantum Dot market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsung (South Korea), LG Electronics Inc. (South Korea), Sharp Corporation (Japan), The Dow Chemical Company (United States), Thermo Fisher Scientific Inc. (United States), QD Laser, Inc (Japan), Ocean NanoTech.(United States), Sigma-Aldrich Co (United States) and Nanosys, Inc (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are BOE Technology Group Co (China), NANOSYS, INC (United States), Nanoco Technologies Limited (United Kingdom), Shenzhen China Star Optoelectronics Technology Co., Ltd. (China) and Quantum Materials Corporation (United States).
Segmentation Overview
AMA Research has segmented the market of Global Quantum Dot market by Type (QLED and QDEF), Application (Biological Imaging, Optoelectronics, Quantum Optics, Security & Surveillance and Renewable Energy) and Region.
On the basis of geography, the market of Quantum Dot has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Colloidal synthesis will boost the Quantum Dot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Cadmium Selenide will boost the Quantum Dot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. LED will boost the Quantum Dot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End user Devices, the sub-segment i.e. QD Medical Devices will boost the Quantum Dot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for QD in Display Devices and Penetration of QD in LED Lighting
Market Growth Drivers:
Increasing Demand for Optimized Devices with Better Performance and Resolution Quality, Applicability in Wide Variety of Applications and High Efficiency in Converting Solar Energy to Power
Challenges:
Difficulty in analyzing potential Application of Quantum Dots and Lack of Awareness among Consumers
Restraints:
High Cost of Technology and Limited Availability of Rare Earth Materials
Opportunities:
Usage in VLSI Design and Penetration in Futuristic QD Applications
In March 2019, Leading American cadmium-free quantum dot and nanomaterials manufacturer Quantum Materials Corp announced that it has received the License and Development Agreement consummated with Amtronics CC. The license is the foundation for the establishment of large scale, low-cost quantum dot production for the development and future commercial manufacture of ultra-high definition display panels (UHDTV), solid state lighting (SSL) LED's and quantum dot driven thin-film solar cells (QDSC) in Assam, India
Key Target Audience
Quantum Dot Manufacturers, LED Manufacturers, Industry Associations, Potential Investors, Marketing Firms and Government and Regulatory Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.