Quantum Dot Market By Product Type, Vertical and geography
According to a recently published research report "Quantum Dot Market by Product (Display, Medical Devices, Solar Cells, Photodetector/ Sensors, Lasers, Lighting (LED), Batteries and Energy Storage, and Transistors), Material (Cadmium-Based, Cadmium-Free), Vertical, and Region - Global Forecast to 2025", The global quantum dot market size is expected to grow from USD 3.5 billion in 2019 to USD 10.6 billion by 2025, at a CAGR of 24.6%. Increasing demand for quantum dot in display devices and advanced features of quantum dot are creating scope for the quantum dot industry.
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By Product Type:
- Display
- Others
- Medical devices,
- Solar cells,
- Lasers,
- Photodetectors/ sensors
- Lighting (LED)
- Batteries and energy storage
- Transistors,
- Others
By Material:
- Cadmium-Based
- Cadmium-Free
By Vertical:
- Consumer
- Commercial
- Healthcare
- Defense
- Telecommunications.
- Others
By Geography:
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific (APAC)
- China
- Japan
- South Korea
- India
- Rest of APAC
- Rest of the World (RoW)
- Middle East & Africa
- South America
“APAC quantum dot market to grow at highest CAGR during the forecast period.”
The efforts made by display manufacturers to offer advanced technologies to enhance the customer’s viewing experience and increase profitability by lowering the operational cost is one of the major driving factors for the growth of the quantum dot market. The leading position of APAC can be attributed due to the presence of major display manufacturers such as Samsung Electronics (South Korea), TCL Corporation (China), and Sharp Corporation (Japan). The high demand for quantum dot by display manufacturers has resulted in the increased growth of quantum dot in APAC.
Key Market Players
Key players in the global quantum dot market include Samsung Electronics (South Korea), Nanosys (US), Nanoco Group (UK), NN-Labs (US), Ocean NanoTech (US), Quantum Materials (US), OSRAM Licht (Germany), Avantama (Switzerland), Navillum Nanotechnologies (US), Crystalplex Corporation (US), RANOVUS (Canada), Innolume (Germany), QUANTUM SOLUTIONS (Saudi Arabia), NanoPhotonica (US), UbiQD (Mexico), Fraunhofer IAP (Germany), TCL (China), VIZIO (US), Hisense (US), and QD Lasers (Japan).
Nanosys is one of the leaders in developing and delivering Quantum Dot technology to the display industry. Nanosys offers Quantum Dot Enhancement Film (QDEF) and Quantum Dot on Glass (QDOG) technologies, some of the key components of the Ultra High Definition (UHD) display revolution. It manufactures and sells the world’s leading performance, and lowest cost Quantum Dot nanomaterials. Quantum Dot technology is the future technology platform for all displays, including LCDs, OLEDs, micro LEDs, and printable electroluminescent displays. The company is one of the leading players in quantum dot technology. It focuses on providing technologically advanced products based on Quantum Dot. The company is focusing on continuous innovation in the Quantum Dot offering and has one of the largest quantum dot patent portfolios with more than 450 issued and pending patents worldwide. The company focuses on inorganic growth through partnerships and collaborations with original equipment manufacturers in different regions to increase its market presence in growing economies such as Germany, India, and China. This will help the company maximize its revenue by targeting latent opportunities in these markets.
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