Quantum Dots Market to Surpass $36 Billion by 2031

by ellyse perry on Jun 14, 2023 Business 345 Views

By 2031, the Quantum Dots (Qds) Market is expected to reach a value of $36,308 million, representing a phenomenal CAGR of 23.3% over the forecast period of 2021–2031. This increase is mostly attributable to the growing demand for quantum dots in displays, ongoing technological breakthroughs related to quantum dots, and the rising application of quantum dots in numerous industries.

Due to their remarkable optical qualities, such as great brightness, vivid colours, and improved energy efficiency, semiconductor nanocrystals known as quantum dots have completely changed the display business. Quantum dots are in high demand due to consumers' growing preference for cutting-edge display technologies that offer improved visual experiences. Additionally, the widespread use of quantum dots in industries including optoelectronics, energy, and healthcare has boosted market expansion and opened up new possibilities for invention.

In the upcoming years, it is anticipated that the global market would grow due to the growing use of quantum dots in cutting-edge applications and the ongoing efforts of industry participants to provide effective and affordable quantum dot-based solutions. As a result, major industry players are concentrating on strategic partnerships, product upgrades, and geographic growth to improve their market positions and satisfy the rising demand for quantum dots globally.

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Global quantum dots (QD) market will reach $ 36,308.9 million by 2031, growing by 23.3% annually over 2021-2031, driven by the increasing demand for quantum dots in display devices, advancing features of quantum dots, and the diverse applications of quantum dots in various industries.

Highlighted with 65 tables and 88 figures, this 173-page report “Global Quantum Dots (QD) Market 2021-2031 by Offering (QD Products, QD Materials), Production Technology, Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global quantum dots (QD) market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global quantum dots (QD) market in every aspect of the classification from perspectives of Offering, Production Technology, Industry Vertical, and Region.

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Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • QD Products

o             QD Displays

             QD LCDs/QDEFs (Quantum Dot Enhancement Films)

             QD Color Filters

             Self-Emitting QD TVs/True QLEDs

o             QD Medical Devices

o             QD Photodetectors/QD Sensors

o             QD Lasers

o             QD Lighting (LED) Solutions

o             Batteries and Energy Storage Systems

o             QD Solar Cells

o             QD Transistors

o             QD Chips and Tags

  • QD Materials

o             Cadmium-Based QD (Cadmium Selenide, Cadmium Sulphide and Cadmium Telluride)

o             Cadmium-Free QD (Indium Arsenide, Silicon, Graphene, Lead Sulphide and Perovskite Quantum Dots)

Based on Production Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Colloidal Synthesis
  • Plasma Synthesis
  • Fabrication

o             Lithography

o             Electron-Beam Lithography

o             Soft Lithography

o             Stencil Lithography

o             Nanolithography

o             Photopatternable Array

  • Bio-Molecular Self-Assembly
  • Viral Assembly
  • Electrochemical Assembly
  • Bulk Manufacturing

By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Consumer Electronics
  • Corporate
  • Retail
  • Telecommunication
  • Healthcare and Medical

o             Biological Imaging

o             Cellular Labelling

o             DNA Labelling

o             QD-Based Cancer Diagnosis

  • Military and Defense
  • Manufacturing
  • Automotive and Transportation
  • Agriculture
  • Other Verticals

Geographically, the following regions together with the listed national/local markets are fully investigated:

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (UAE,Saudi Arabia, South Africa and Rest of MEA)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Offering and Industry Vertical over the forecast years are also included.

Get Sample Copy of the Quantum Dots Market Report 2022

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

3M Company

Crystalplex Corporation

Innolume GmbH

LG Display Co., Ltd.

Nanoco Group Plc

Nanoco Technologies Ltd.

NanoPhotonica Inc.

Nanosys Inc.

Navillum Nanotechnologies, Inc.

NN-LABS LLC

Ocean Nanotech LLC

Osram Licht AG

QD Laser, Inc.

Quantum Material Corporation

Quantum Solutions LLC

Samsung Electronics Co., Ltd.

Sony Corporation

UbiQD, Inc.

View Report Scope and Latest Developments in the Market:  https://www.marketwatch.com/press-release/quantum-dots-market-to-surpass-36-billion-by-2031-driven-by-rising-demand-for-quantum-dots-in-display-devices-and-expanding-industrial-applications-2023-06-02?mod=search_headline

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