Quantum dots are nanocrystals made out of semiconductors used in display and monitor devices and as well as many other equipment. Government and industry have both started focusing on highly efficient energy devices, which is contributing to the market growth. There has been a continuous increase in demand for devices which can perform efficiently in varying conditions. Quantum dot technology addresses these concerns efficiently and is also driving the use of this technology across various application areas.
These Quantum Dots can be used in optoelectronics and optical components, healthcare (biomedical and biotechnology, alternative energy, security applications, and others. There are various processes or techniques involved in the production of Quantum Dots, such as, colloidal synthesis, fabrication, viral assembly, bulk-manufacture, electrochemical assembly, and heavy metal free (cadmium-free) quantum dots. The one benefit associated with its production process is that, it can be manufactured easily and cost effectively.
There are many benefits of using Quantum Dots – they require only small amount of energy to get activated, which can be obtained by a single blue or UV wavelength beam, regardless of its size. Both attributes reduce the costs largely; can be used in multiple forms, e.g. small crystals in liquid solutions, as quantum dust, and in bead form and these different formats make its range of applications even wider.
The market for quantum dots is expected to grow at a CAGR of 85% to reach $5.61 billion by the end of 2020 from the current estimates of $0.14 billion.
The report gives a detailed analysis and breakdown of the market by various production processes used in manufacturing of quantum dots and the raw materials used in its manufacturing. The market is further segmented by the geographical regions and a detailed analysis of vendors has been included.
Some of the major vendors that are mentioned in the report are Samsung, QD Vision, Nanoco Group, Quantum Material Corporation and Nanosys, Inc.
There are various benefits of using quantum dots, such as efficiency of converting energy to power and miniaturization which is driving the growth of quantum dots market.
The factors that could hinder the growth of demand for the Quantum Dots Market are the product associated high costs, environmental concerns, and the existence of similar products in the market.
WHAT THE REPORT OFFERS
Quantum Dots Market Overview with information on drivers and restraints
In-depth Quantum Dots Market Analysis and its applications in the industry
Identification of factors responsible for changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on global and regional scale
Extensively researched competitive landscape with profiles of major companies along with their market shares
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information