Quantum dots are tiny nanoparticles which can convert color from one to another and of prime use in the semiconductor industry. These dots enhance the color and resolution of displayed images and a new technology integrated in LCD displays. The global quantum dots market report by Market Research Future (MRFR) contains insights and forecasts for the period of 2019 to 2025 (assessment period). The outbreak of the COVID-19 pandemic and its impact have been included as a significant catalyst of the industry.
Get Free Sample of Report @ https://www.marketresearchfuture.com/sample_request/8708
Competitive Outlook
Nanosys, Inc., Nanoco Group PLC, NN-Labs, LLC, UbiQD, Inc., QD Vision, Pacific Light Technologies, Altair Nanotechnologies Inc., Ocean NanoTech, Crystalplex Corp., Navillum Nanotechnologies, OSRAM Licht AG, Nano Elements Source, LLC, LG Display Co., Ltd, Quantum Material Corp., and QD Laser, Inc. are key players of the global quantum dots market.
Market Scope
The global quantum dots market size is expected to grow from USD 2,520.98 million in 2018 to USD 8,151.07 million by 2025, at a CAGR of 26.45%, during the forecast period. The low energy consumption and vibrant displays of electronic devices encompassing the technology can drive the market growth. Procurement of TVs and large displays by customers owing to their brightness are likely to trigger the market demand for quantum dots. Technological advances, categories of pricing consumer electronics, and emergence of wearables can provide ample scope for the global quantum dots market.
The COVID-19 pandemic has stymied the production of the global quantum dots market with the halt in smart TVs and other electronic products. The slow adoption of quantum dots and heavy raw material costs of metals can restrain market growth as well.
Segmentation
The global quantum dots market has been segmented by product, material, and vertical.
By product, the market has been segmented into transistors, displays, photodetectors, lasers, solar cells, LED, and others. The display segment is expected to dominate the market during the forecast period. Quantum dots nanocrystals are a part of the light-emitting technology that consists of nano-scale crystals and are widely used in display technologies owing to their high efficiency and enhanced color quality.
By material, the market has been segmented into silicon, cadmium selenide, cadmium sulfide, cadmium telluride, indium, zinc sulfide, and others. The cadmium selenide segment is deemed to dominate the market during the forecast period. However, the zinc sulfide segment is expected to register the highest CAGR during the assessment period owing to growing investments in the development of quantum dots material that are cadmium free. This is exemplified by Nanolumi, a Singapore-based advanced materials company, and its launch of a cadmium-free, perovskite quantum dot (PeQD) color enhancement film for quantum dot displays.
By vertical, the market has been segmented into consumer, defense, telecommunication, healthcare, commercial, and others. The consumer vertical is expected to dominate the market during the forecast period. The growing demand for miniaturized display technologies and energy-efficient solutions can boost the quantum dot display market growth. Furthermore, quantum dots are increasingly being adopted in displays owing to their high value and resolution.
Get Full Report @ https://www.marketresearchfuture.com/reports/quantum-dots-market-8708
Regional Analysis
The geographical analysis of the quantum dots market has been done for North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
North America is expected to hold the largest share in the quantum dots market over the forecast period. The US generates a significant demand for QLEDs due to the early adoption of quantum dots technology. Furthermore, increased awareness of health and fitness among the population is projected to boost the regional demand for quantum dots. This is evident by the sale of wearables and other portable devices.
APAC is expected to register the highest CAGR during the forecast period. The region has the presence of major electronics companies such as LG and Samsung who are continuously investing in quantum dot technology to develop innovative products. China and Japan exhibit the highest demand for Quantum dots in the region owing to investments in consumer electronics, large consumer base, and penchant for novel technology.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/quantum-dots-market-8708