Factors such as increasing demand for quantum dots in high quality display devices, rising adoption of energy efficient and less toxic quantum dots in solar cell and photovoltaics, and the growing application of quantum dots in numerous application due to miniature size are expected to drive the market.
Display segment is expected to dominate the Quantum Dots market during the forecast period. A QD display device (QDD) is a type of display technology used in flat-panel displays as an electronic visual display. QD nanocrystals are a part of the light emitting technology and consist of nano-scale crystals that are used in display technologies. QDs can be incorporated into a new generation of applications such as flat-panel TV screens, digital cameras, smartphones, gaming consoles, and personal digital assistant (PDA) devices.
Cadmium-free quantum dots is expected to dominate the market during the forecast period. Cadmium-free quantum dots offer a safer and more sustainable option for manufacturers and consumers, giving them the color benefit associated with the technology without the risks associated with toxicity or potential regulatory limitations.
Healthcare application is expected to grow at the highest CAGR during the forecast period. Quantum dots are nano-sized inorganic particles used to increase the light efficiency and color brightness of various products. Quantum dots are used in biological labeling and imaging due to their superior quality compared to traditional materials. The current development in the synthesis of biocompatible quantum dots enables the production of a large variety of semiconductor nanocrystals in terms of size, surface functionality, bio-conjugation, and targeting of facilities.
The quantum dots market in Asia Pacific (APAC) is driven by countries such as China, Japan, South Korea, India, and Rest of APAC. APAC is estimated to be the fastest-growing markets in the world. The adoption of QD products in lighting, automotive, consumer electronics applications drives the market growth. As of now, QD is in a pre-commercialization stage; however, in the coming years, the QD will be deployed in mobile displays, batteries and energy storage systems, solar cells, medical devices, and solid-state lighting solutions.
Key market players include Nanosys, Inc. (US), Nanoco Group plc (UK), QD Laser, Inc. (Japan), NN-Labs, LLC. (US), Ocean NanoTech (US), QD Vision, Inc. (US), Quantum Materials Corp. (US), Altair Nanotechnologies Inc. (US), InVisage (US), and OSRAM Licht AG (Germany).
Key Questions Addressed by the Report
· What the emerging applications of quantum dots?
· What are the key drivers, restraints, opportunities, and challenges pertaining to the quantum dot market?
· Who are the leading providers of quantum dot solutions in the market?
· Who are the leading end users of quantum dot solutions?
What are the recent developments in the quantum dot industry related to product launches and developments, key innovations, mergers and acquisitions, and partnerships?
1.1. Market Definition
1.2. Study Scope
1.3. Study Period
1.4. Market Stakeholders
2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Research Design
2.4. Data Validation
2.5. Limitations and Assumptions
3. Market Dynamics
3.1.1. Increasing Demand for Quantum Dots in High-Quality Display Devices
3.1.2. Rising Adoption of Energy-Efficient and Less Or Non-Toxic Quantum Dots in Solar Cells and Photovoltaics
3.1.3. Growing Implementation of Quantum Dots in Numerous Applications Due to Their Miniature Property
3.2.1. High Demand for But Limited Availability of Rare Earth Materials
3.2.2. Concerns Regarding the Use of Toxic and Heavy Metals in Quantum Dots Manufacturing
3.2.3. Adverse Impact of Falling Prices of Conventional LCD/LED and OLED Displays On QD-Based Displays
3.2.4. Slow Adoption of QD Technologies Due to the Lack of Awareness Among Consumers
3.3.1. Penetration of Quantum Dots in LED General Lighting
3.3.2. Emerging New Application Areas of Quantum Dots
3.3.3. Deployment of Quantum Dots Technology in Defense and Security Applications
4. Executive Summary
5. Quantum Dots Market, By Product Type
5.1. QD medical devices
5.2. QD displays
5.2.1. QD LCDs/QDEFs
5.2.2. QD filters
5.2.3. Self-emitting QD TVs/True QLEDs
5.3. QD Solar cells
5.4. QD photodetectors/QD Sensors
5.5. QD lasers
5.6. QD LED Solutions
5.7. Batteries and energy storage systems
5.8. QD transistors
5.9. QD tags
6. Quantum Dots Market, By Material
6.1. Cadmium-based quantum dots
6.1.1. Cadmium selenide
6.1.2. Cadmium sulfide
6.1.3. Cadmium telluride
6.2. Cadmium-free quantum dots
6.2.1. Indium arsenide
6.2.4. Lead sulfide
7. Quantum Dots Market, By Vertical
7.1.1. Augmented and virtual reality
7.2.1. Retail and corporate
7.4.1. Biological imaging
7.4.2. Cellular labelling
7.4.3. DNA labelling
7.4.4. QD-based cancer diagnosis
7.6. Others (manufacturing, automotive, agriculture)
8. Quantum Dots Market, By Region
8.1. North America
8.2.4. Rest of Europe
8.3. Asia Pacific
8.3.4. South Korea
8.3.5. Rest of APAC
8.4. Rest of the World
8.4.1. Latin America
8.4.2. Middle East and Africa
9. Company Profiles
9.1. Leading Companies in Quantum Dots Market
9.1.1. Nanosys, Inc.
9.1.2. Nanoco Group PLC.
9.1.3. QD Laser, Inc.
9.1.4. NN-Labs, LLC.
9.1.5. Ocean NanoTech
9.1.6. QD Vision, Inc. (Samsung Electronics Co., Ltd.)
9.1.7. Quantum Materials Corp.
9.1.8. Altair Nanotechnologies Inc.
9.1.9. Invisage (Apple Inc.)
9.1.10. OSRAM Licht AG
9.2. Other Companies in Quantum Dots Market
*Company introduction, financial information, recent developments, SWOT analysis
10. Conclusion and Recommendations