Quantum Dots Market | QD displays to grow at highest CAGR | worth 8.47 Billion USD by 2023


Posted September 27, 2018 by poojapatange

Quantum Dots Market by Product (QD Medical Devices, QD Solar Cells, QD Photodetector/QD Sensors, QD Lasers, QD Lighting, Batteries and Energy Storage Systems, QD Transistors, and QD Tags),Material, Vertical, and geography

 
The quantum dots market was valued at USD 1.96 Billion in 2017 and is expected to reach USD 8.47 Billion by 2023, at a CAGR of 26.97% during the forecast period. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023.

• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=694

In this report, the quantum dots market has been segmented into products, materials, verticals, and geographic regions. On the basis of materials, the market has been segmented into cadmium-based and cadmium-free quantum dots. Cadmium-free quantum dots, by discarding harmful effects of toxic heavy metals, offer a safer and more sustainable option to manufacturers and consumers, giving them the color benefit associated with the technology without the risks of toxicity or potential regulatory limitations.

Based on products, the market has been segmented into QD displays, QD medical devices, QD solar cells, QD lasers, QD photodetectors/QD sensors, QD lighting (LED) solutions, batteries and energy storage systems, QD transistors, and QD tags. The market for QD lighting (LED) solutions is expected to grow at the highest rate during the forecast period. The incorporation of quantum dots into LED designs marks a vital step in reducing the cost of LED production and making them inexpensive for the average consumer.

The quantum dots market, based on verticals, has been segmented into healthcare, consumer, commercial, defense, telecommunications, and others. The consumer vertical is expected to continue to account for a major share of the quantum dots market in 2018. The rising adoption of products based on the latest technologies such as quantum dots, 4K resolution, 3D, along with decreasing prices of these advanced products, is expected to increase the quantum dots market in the consumer vertical during the forecast period. Thus, the use of quantum dots has grown in the last several years as this technology is providing manufacturers a cheap and efficient way of producing next-generation of brilliant, high-definition TV screens.

Based on regions, the quantum dots market has been segmented into North America, Europe, APAC, and Rest of the World. The quantum dots market in APAC is expected to grow at the highest CAGR during the forecast period. The reason for the high growth in APAC is the inclination of consumers to adopt technologically advanced products. Various universities and organizations in this region are involved in R&D of the QD technology. The University of Tokyo (Japan), the University of Tsukuba (Japan), and Hokkaido University (Japan) published their reports on QD. China, South Korea, and India are also playing an increasingly significant role in the research and development of nanotechnology.

Nanosys Inc. (US), Nanoco Group plc (UK), QD Laser, Inc. (Japan), NN-Labs, LLC. (US), and Ocean NanoTech (US) are the major companies in the quantum dots market. Nanosys is one of the significant players and ranked first in the quantum dots market in 2017. The company also has its focus on product launches and developments with respect to QD display technology, such as quantum dot enhancement film (QDEF), which enriches the visual experience of the viewers. Nanosys has a large number of patents, over 200, issued and pending worldwide. It entered into many agreements with many big giants to increase its revenue and expand its business. For instance, the company signed an agreement with Samsung (South Korea) in January 2015 to give access to its patents. The collaborations of the company with Philips-Lumileds (Netherlands) and Life Technologies (US) as well as with universities such as the Massachusetts Institute of Technology (MIT) (US), the Lawrence Berkeley National Labs (US), and the Hebrew University (Israel) has helped the company to broaden its product portfolio.

Inquiry Before Buying:-
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=694

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Puja
Country United States
Categories Consumer , Electronics
Tags Quantum Dots Market , QD displays , LED Display , nanotechnology
Last Updated September 27, 2018