The properties of the quantum dots (QD) have led researchers to engage in various innovations. As per the report released by NCBI, QDs hold high potential in various applications such as sensors, bio-imaging, and drug delivery. The mounting demand from various sectors are giving rise to the quantum dots market growth which offered opportunities worth $2.76 billion in 2018, and the market value will balloon with a substantial compound annual growth rate (CAGR) of 27.34% during the forecast period of 2019-2025.
Asia Pacific is providing considerable revenue in the quantum dots market. The growth in the region is accounted for with a high percentage of adoption of QD for various applications. Furthermore, high technological advancement, especially in China, are majorly influencing the quantum dots market with a regional share of 46.37% in 2018.
Quantum dots, also known as artificial atoms, are semiconductor particles with the ability to emit light at specific wavelengths. Due to QD high tunable properties, they are used for various applications such as quantum computing, second-harmonic generation, solar cells, diode lasers, and medical imaging. Also, QD can be suspended in the solution so that it can also be used in inkjet printing and spin-coating. The use of QD in langmuir-blodgett thin films led to less-time consuming and cost-effective methods of semiconductor fabrication.
Quantum dots are used in many sectors to improve the performance of the application. Quantum dot used in display helps to convert the black light to pure basic light which improves the color gamut and display brightness. This technology is used in LED, LCDs, and other display technology. Furthermore, QD are used in solar cells to improve its efficiency and it is better alternative than any other cells as it do not give rise to carbon emission. The growing demand for an enhanced version of displays and solar cells will drive the market growth with a CAGR of 31.39% through to 2025.
· Growing demand for smart television and mobile phones from consumers are driving quantum dots market growth.
· Increasing food retail and distribution column worldwide are demanding for packaging items made up of quantum dots that in turn is developing the quantum dots market.
· Increasing adoption rate of quantum dots in electronics devices, combined with raising demand for high demand for energy efficient solutions are booming growth of the quantum dots market.
Quantum Dots Market Trends:
QD are used in used in medical imaging technique to detect the cancer cells. Moreover, it is used in lab anamials to evaluate the performance of cancer treatments. The growing cancer in every second person is demanding for more effective methods for the treatment. Hence, booming the quantum dots market.
QD are used to produce the miniature lasers in communication devices. The growth of lasers will initiate low power consumption and high-speed data transfers. The urgent requirement for high speed network is leveraging growth of the quantum dots market.
Computers : Display Devices
QD are used in advanced television to
improve the viewing experience. Due to its nano size, lower power, thinner and
flexible property many manufacturers started use of quantum dots on mobile and
small size device screens. The growing mobile
As per the World Health Organization, antibiotic resistance is one of the threat to global heath, food security and it is associated with higher health expenditure, morbidity, and mortality. Lack of access of antibiotics is serious concern for healthcare sector. Many researchers find the solution, quantum dots produce the biochemical reaction in bacteria that regenerate power of antibiotics to find against multidrug-resistant pathogens. The use of quantum dots in antibiotic is gaining high demand that will proceed to lucrative growth in the quantum dots market.
Quantum dots growing demand in defense & security, and food packaging sector will surely add the revenue in the quantum dots market.
The quantum dots are used as an effective treatment method in antibiotic infectious resistance. Quantum dots are nano particle that emit lights but it can only radiate through a few milliliters inside the body. It means that quantum dots as an antibiotic is only useful for surface issues. Many manufactures are working to develop the nano particles that can absorb infrared light. As this light can pass through the body and then can be used for treating bone and deep tissues infections. Furthermore, in quantum dots display there are range of challenges such as use of quantum dots in cell polarizer development, custom quantum dot-polymer mixture, and air processing. The challenge can be overcome by making quantum dots more stable during manufacturing process.
Quantum Dots Market Key Players
Some of the major market players in the quantum dots market are QD Vision, Nanoco Group, Evident, InVisage Technologies, Sigma-Aldrich, Quantum Material Corporation, Nanosys Inc, NN-LABS LLC, NN-Labs, and Ocean Nanotech.
Quantum Dots Market Research Scope:
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Quantum Dots Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Quantum Dots market, and its segmentation on the basis of applications that includes biological imaging, optoelectronics, and quantum optics.
Quantum Dots Market Report: Industry Coverage
The report analyses the product demands by the Quantum Dots Market on the basis of end-user that include food packaging sector, display industry, and healthcare sector. The Quantum Dots market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:
Is the market demand for Quantum Dots growing? How long will it continue to grow and at what rate?
Which type of Quantum Dots presents the major growth opportunities?
Is there a possibility for change in the market structure over time?
Are additional developments needed for the existing product or services offerings or do the existing products meet the customer demands?
Do the key vendors look for partnerships to expand their businesses with respect to geography or product?
What are the short-term, long-term, and medium-term growth drivers for the market?
What are the short-term, medium-term, and long-term challenges for the market?
What are the short-term, medium-term, and long-term opportunities for the market
Who are the top players/companies of the market?
What are the recent innovations in the market?
How many patents have been filed by the leading players?
What are the types of patents filed by the leading players?
What is our Vision 2030 for Quantum Dots market?
A Few Focus Points Of This Research Are Given Below: