Quantum Dots Market
The global quantum dots market is expected to register a CAGR of 61.4% over the forecast period of 2018–2023.Quantum dots are nanocrystals made out of semiconductors used in display and monitor devices, and many other equipments. 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.
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 through which quantum dots could be produced, such as, colloidal synthesis, fabrication, viral assembly, bulk-manufacture, etc. The primary benefit associated with all of these production processes is that it can be manufactured easily and cost-effectively. With advanced applications in printing technology and security, the quantum dots market is expected to grow at a higher pace over the forecast period.
Immense Demand for Quantum Dots in TV Technology
Quantum dots have revolutionized the TV technology. They have addressed almost all the critical challenges faced by the traditional LED and LCD television sets. With nearly 100% efficiency, quantum dots are the most efficient light emitting material ever known to man. This technology, when induced into LCD screens provides a wide range of advantages when compared to any other OLED or LED displays. This is one of the major reasons why quantum dot technology is increasingly becoming popular in the consumer electronics segment. Some of the attributes that make quantum dots so unique are that they are photoactive. They absorb and emit light in pure colors, as much as four times brighter than any other display technology in the world.
Quantum dots, for the first time in TV technology, were able to produce full pallet of colors that a human eye can see. As quantum dots are made from durable inorganic materials there is no effect of burn-in, i.e., colors will not fade over the lifetime of the display. Out of all the advantages that are provided by the quantum dot technology, the low power consumption is attracting many companies to adopt this technology in their goods. However, due to the high cost of the technology, these products are not yet trendy in the consumer electronics division. Nevertheless, with improving quantum dot production technologies, the price of such consumer electronics are expected to go down and increase the demand for this technology in the near future.
Recent Developments in Quantum Dots Market
- March 2018: Samsung Electronics, Co., Ltd, launched its new line of QLED TV in New York. The television sets are priced starting from USD 1500 all the way up to USD 6000. The series has four variants named as Q6, Q7, Q8, and Q9 available both in curved and flat versions, each targeting a different set of users.
Quantum Dots Market Major Players
- Samsung Electronics, Co., Ltd
- Nanoco Group
- Nanosys Inc
- Quantum Material Corporation
- InVisage Technologies
- NN-LABS, LLC
- LG Corp.
Reasons to Purchase Quantum Dots Market Report
- Current and future quantum dots market outlook in the developed and emerging markets.
- Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
- The segment that is expected to dominate the market.
- Regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3-month analyst support along with the Market Estimate sheet (in Excel).
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1.1 Study Deliverables
1.2 Study Assumptions
1.3 Research Methodology
1.4 Key Findings
2. Executive Summary
3. Quantum Dots Market Overview
3.2 Value Chain Analysis
3.3 Industry Attractiveness - Porter's Five Forces Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Competitive Rivalry
4. Market Dynamics
4.1 Quantum Dots Market Drivers
4.1.1 Demand for Energy Efficient Solutions
4.2 Quantum Dots Market Restraints
4.2.1 High Initial Costs
4.2.2 High Competition from Substitute Products
4.3 Quantum Dots Market Opportunities
4.3.1 Stringent Energy Consumption Laws to Create Huge Demand
5. Market Segmentation
5.1 Quantum Dots Market By Application
5.1.1 Optoelectronics and Optical Components
5.1.2 Healthcare - Biomedical and Biotechnology
5.1.3 Alternative Energy
5.1.4 Security Applications
5.2 Quantum Dots Market By Material
5.2.1 Cadmium Selenium
5.2.2 Cadmium Tellurium
5.3 Quantum Dots Market By Region
5.3.1 North America
5.3.4 Latin America
5.3.5 Middle East & Africa
6. Quantum Dots Market Company Profiles
6.1 Evident Technologies
6.2 InVisage Technologies
6.3 IQDEMY Quantum Technology SA
6.4 LG Corp
6.5 Nanoco Group
6.6 Nanosys, Inc.
6.7 NN-LABS, LLC
6.8 Ocean NanoTech
6.9 Quantum Material Corporation
6.10 Samsung Electronics, Co., Ltd.
*List not Exhaustive
7. Quantum Dots Market Investment Analysis
8. Future of the Quantum Dots Market