Quantum dots are semi conducting small materials. They display the quantum mechanical features and has the ability to change the light into any other color in a visible spectrum with a high efficacy. Also these quantum dots possess the ability to combine their semiconductor features with those of nanomaterials. Further, tunable nanocrystal size and best optical characteristics have made quantum dots attractive semiconducting substance for different uses and applications in the area of solar energy, healthcare, security and optoelectronics.
The global quantum dots market has reported remarkable growth recently. The increasing use of quantum dots in very large scale integrated designs plus its growing utility in optoelectronics is predicted to retain the rapid speed of the growth and expansion of the universal quantum dots market in future. Also the utilization of quantum dots for producing effective power displays provides a good business opportunity for the growth and expansion of the global quantum dots market in future.
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Due to growing demand for power efficient displays and lighting applications, the global quantum dots market is predicted to record an outstanding CAGR growth rate of 54% during the forecasted period.
Increasing demand for effective power displays and controlled demand from healthcare industry are the key aspects encouraging the growth of the global quantum dots market. Further, exceptional optical features displayed by quantum dots in terms of optical stability, quantum yield, emission control and power efficacy have propelled the growth of the global quantum dots market generally in the solar power section as well as optoelectronics section.
The global quantum dots market is divided into four market sections that includes products, raw materials, geographical regions, uses or applications.
The universal quantum dots market section by products includes quantum dots lasers, quantum dots medical equipments, quantum dots chips, quantum dots lighting, quantum dots LED displays, quantum dots sensors and quantum dots solar cells.
The quantum dots medical equipments section was the biggest market section in year 2013 due to its prevailing uses in healthcare applications. But due to the exponential growth prediction in optoelectronics market section, quantum dots LED displays as well as quantum dots lighting solutions are projected to grow at rapid rate. Further, quantum dots LED displays market section is predicted to register highest growth during the estimated period owing to its growing demand and rapid growth of the optoelectronics business sector.
The global quantum dots market segment by raw materials includes non toxic cadmium free non toxic substances, cadmium selenium raw materials, cadmium tellurium raw substances and others comprising PbS, InAs and InGaAs.
In year 2013 cadmium selenium was the most preferred raw material that was utilized in quantum dots. It dominated the world quantum dots market in that year. But the use of cadmium free non toxic quantum dots is expected to grow in future as more restrictions imposed by the government on the utilization of cadmium in quantum dots getting stringent.
The worldwide quantum dots market sector by geographical regions includes continent of Europe, sub continent of North America, APAC Zone and Rest of the World.
The sub continent of North America accounted for the biggest market share in year 2013. The quantum dots market of North America is predicted to attract large business investment as well as high level of research work carried out in the area of quantum dots. Further, the rising demand from the optoelectronics market section and controlled demand from healthcare industry in this sub continent has further emphasized & assured its dominance in the global quantum dots business sector. The quantum dots market of APAC zone was evaluated at 34 million US dollars in year 2013 and is expected to grow rapidly during the estimated period due to enhanced demand for solar energy as well as optoelectronics market segment in this zone.
Although the future of the universal quantum dots market looks prosperous, the restrained utility of heavy substances is predicted to hinder the industry from running and expanding smoothly. Further, high proportions of business investments requirements in this quantum dots sector can affect the growth and expansion of the global quantum dots market to some extent.
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The global quantum dots market segment by application includes healthcare applications, quantum optics applications, quantum computing applications, power applications, optoelectronics and security & surveillance applications. A healthcare application includes drug delivery, flow cytometry, photodynamic theory, biological imaging and cell tracking.
The healthcare sector contributed about 78% of the market revenue share to the global revenue produced by universal quantum dots market in year 2013. But the optoelectronics market section is predicted to display rapid market growth during the forecasted period. Its exceptional optical features like narrow emission band, high quantum yield, optical stability and emission tenability make quantum dots as most preferred choice for lighting solutions and display.
The market report also provides detailed information about the macroeconomic as well as microeconomic aspects that influence the business environment providing a clear picture of the business conditions, business prospects, investment prospects and market speculations . This helps the existing market players as well as the new entrepreneurs in chalking out their future business plans by taking business decisions based on the market information and marketing concepts provided in the market report.
All the concepts about the market research displayed in the report are explained in a lucid and an understandable manner by using the graphical data representation pictorial tools like bars, charts, histograms, diagrams, tables and graphs.
The key companies profiled in the global quantum dots market report includes QD Vision Incorporation, Nanosys Incorporation, QD Laser Incorporation, Evident Technologies Incorporation, LG Display Company Limited, InVisage Technologies Incorporation, Life Technologies Corporation, Nanoco Technologies Limited, Samsung Electronics Company Limited, Ocean NanoTech LLC, NanoAxis LLC, Quantum Materials Corporation and NN-Labs LLC. Many of these firms are based in USA displaying the domination of the North American region in this business sector.
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