Quantum Dot Market: Enabling Superior Visible Light Absorption
Polaris Market Research & Consulting, Inc.
Market Research | Industry Analysis
Market Stats
The quantum dot market size was valued at USD 8.95 billion in 2023. The market is anticipated to grow from USD 10.57 billion in 2024 to USD 40.45 billion by 2032, exhibiting the CAGR of 18.3% during the forecast period.
Quantum dots, which are tiny particles in the nano range, are being increasingly used across various sectors. Today, we bring you the latest insights and analysis of the rapidly growing quantum dots market.
What Exactly are Quantum Dots?
Quantum dots are nanoparticles of a semiconductor material with a diameter in the range of 2 to 10 nanometers. The applications of quantum dots are mostly based on the role they play in light emission, conversion, and detection. Quantum dots are used in biological imaging, cellular imaging, defense, telecommunication and retail applications.
Growth Drivers
? Growing advances in quantum dots as photocatalysts
? Increasing demand for high-quality displays
Segmental Analysis
? The market is primarily segmented based on material, product, display technology, application and region.
? By material analysis, the cadmium-based quantum dots dominated the market owing to its wide applications in various industries.
? By display analysis, the QD-LCDs segment accounted for the largest market share as the quantum dots increase the colour gamut on LCD displays by up to 50 percent.
Products of Quantum Dots Here are some of the most common quantum dots products:
? Displays
? Lasers
? Solar Cells/Modules
? Medical Devices
? Photodetectors/Sensors
? LED Products
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? Others
Quantum Dots Market Key Players Some of the major players operating in the global market are:
? American Elements
? AUO Corporation
? Avantama AG
? BOE Technology Group Co., Ltd.
? Hansolchemical
? LG Display Co., Ltd.
? Merck KGaA
? Nanoco Group plc
? NNCrystal US Corporation
? SAMSUNG Display
Key Highlights of the Report
? Provides an in-depth analysis of the market that supports strategic decision-making.
? Offers insights into the competitive landscape and closely examines the top industry players. ? Includes a reliable estimation of the changing market dynamics to keep readers updated on the latest industry trends.
? Covers a meticulous breakdown of various market niches and regions.
Get the Full Report Today!
Whether you’re a decision-maker in a company or an investor, our quantum dots market report details everything to help you understand the industry comprehensively. By purchasing the full report, you can gain the knowledge needed to navigate the dynamic industry successfully.