What is Quantum Dot Market Scope?
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.
The Quantum Dot market study is being classified by Type (QLED and QDEF), by Application (Biological Imaging, Optoelectronics, Quantum Optics, Security & Surveillance and Renewable Energy) and major geographies with country level break-up. According to AMA, the Global Quantum Dot market is expected to see growth rate of 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. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Quantum Dot market throughout the predicted period.
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 profiled in the study. Additionally, the Players which are also part of the research 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 Analysis
Analyst at AMA have segmented the market study of Global Quantum Dot market by Type, Application 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).
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
Influencing Market Trend
- Increasing Demand for QD in Display Devices
- Penetration of QD in LED Lighting
Market Drivers
- Increasing Demand for Optimized Devices with Better Performance and Resolution Quality
- Applicability in Wide Variety of Applications
- High Efficiency in Converting Solar Energy to Power
Opportunities
- Usage in VLSI Design
- Penetration in Futuristic QD Applications
Restraints
- High Cost of Technology
- Limited Availability of Rare Earth Materials
Challenges
- Difficulty in analyzing potential Application of Quantum Dots
- Lack of Awareness among Consumers
Key Target Audience
Quantum Dot Manufacturers, LED Manufacturers, Industry Associations, Potential Investors, Marketing Firms and Government and Regulatory Bodies
Customization available in this Study:
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.