Quantum Dot Market Size, Share & Segmentation By Material (Cadmium-Based, Cadmium-Free) By Product (Displays, Other) By Production (Plasma Synthesis, Colloidal Synthesis) By Vertical (Consumer, Healthcare, Telecommunications, Commercial, Defense, Others), By Regions And Global Forecast 2023-2030
Report Id: SNS/SEMI/2136 | July 2022 | Region: Global | 125 Pages
Report Scope & Overview:
The Quantum Dot Market Size was valued at USD 4.54 billion in 2022, and is expected to reach USD 15.41 billion by 2030, and grow at a CAGR of 16.5% over the forecast period 2023-2030.
Quantum dots are particles of Nano-meter size used in various systems due to their optical properties. The potential benefits of Quantum dots that allow industries to tune the wavelength of the light emitted according to the requirement are considered to be a key factor in the growth of the Quantum Dots Market. The size, shape, and composition of the particles make them very suitable for display and other commercial use. The process of plasma synthesis is widely accepted in recent times, due to the flexibility it provides in terms of size control, surface and shape of the Quantum dots. On the other hand, technological advances in the industry are increasing due to the increasing use of end-user technology. However, screen manufacturers are considered to be the main industries for users of the Quantum Dot sector. Cadmium-free quantum dots are gaining popularity in a few regions due to the high stability and reduced risk associated with cadmium use in screens.
MARKET DYNAMICS:
KEY DRIVERS:
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Several uses for quantum dots.
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Benefits of quantum dots compared to traditional screens.
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Ever-increasing demand for usage in displays.
RESTRAINTS:
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Rare earth elements aren't widely available.
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Concerns about the usage of heavy and hazardous metals.
OPPORTUNITIES:
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Quantum dot use in agriculture.
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Quantum dots are being used in more LED products.
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There is an expanding need for huge, high-resolution displays.
CHALLENGES:
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Limited knowledge on the benefits of quantum dots.
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Adverse effects of conventional displays' declining costs.
IMPACT OF COVID-19:
COVID 19 affects production levels and supply chain, demand, and supply chain in various industrial areas. Quantum dot manufacturers have also been hit hard by the epidemic due to inequalities in demand and supply. However, the medical profession has always been very focused on managing the injured, on the other hand, the medical industry has also focused on integrating advanced technologies to facilitate the diagnosis of diseases. Quantum dot nanoparticles are used for a variety of biomedical applications such as medical imaging machines, biosensors, and medical researchers use of quantum dots to diagnose cell formation, changes in cell structure, cancer screening, and other chronic diseases. The retail and commercial sectors have had a major impact on the epidemic are seeing growth in recent times, as governments around the world have relaxed their practices and regulations. Following the epidemic, there has been an increase in demand for displays and advertising, and these developments are anticipated to spur the expansion of the quantum dot market over the next years.
Based on Material, the quantum dot market is further bifurcated into, Cadmium-based and Cadmium-free. Cadmium-free quantum dots offer a safer and more sustainable option for manufacturers and consumers, giving them the technological advantage associated with technology without any toxic risks or regulatory limitations. Cadmium-free quantum dots are not only suitable for display but also for a number of applications such as lighting solutions, solar cells, and biomedicine. As a result, the fraction of cadmium-free quantum dots is expected to grow at the highest CAGR at the time of forecast.
Based on Product, the quantum dot market is segmented into, displays and other type displays. Quantum dot displays have low spectrum, high stability and low power consumption. Therefore, they are increasingly used by the displays manufacturer. The Quantum dot is used for displaying flat panel TV screens, digital cameras, smartphones, gaming consoles, and personal digital assistant (PDA) devices. LEDs with quantum dot luminophores are a promising development in the display ecosystem. Increased acceptance of quantum dots on display is expected to further drive the quantum dot display market.
Based on Vertical, the quantum dot market is segmented into, Consumer, Healthcare, Telecommunications, Commercial, Defense and Others. Consumer vertical is expected to continue to hold the largest market share of quantum dots during the forecast period. Many consumer electronics companies use quantum dots in their products as these technologies can improve display performance by providing higher color accuracy, as well as reducing energy consumption. The use of quantum dots in consumer electronics products offers a number of benefits, including high brightness, pure color, and wavelength intensity, which enables display designers to tailor the brightness range to maximize both the efficiency and color performance of any display in order to obtain fantastic user experiences.
As a result, the vertical buyer is expected to capture the market share of the quantum dot market during the forecast period.
COMPETITIVE LANDSCAPE:
The key players in the quantum dot market are Nanosys, crystal US Corporation, Merck Group, OSRAM Licht, Samsung electronics, Nanoco, QD Laser, NanoPhotonica, Crystallex Corporation, DuPont and LG Electronics.
MARKET SEGMENTS:
BY MATERIAL
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Cadmium-based
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Cadmium-free
BY PRODUCT
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Displays
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Other
BY PRODUCTION
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Plasma synthesis
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Colloidal synthesis
BY VERTICAL
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Consumer
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Healthcare
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Telecommunications
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Commercial
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Defense
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Others
REGIONAL ANALYSIS:
Asia-pacific countries are increasingly showing the market growth of Quantum Dots in recent times due to the growing trend of customers in advanced technology, as well as touch screen displays. In addition, the presence of other leading market players further strengthens the growth of the Quantum Dots industry. In addition, countries such as Japan, South Korea, and rapid development in the field of electronics and semiconductor equipment, also create opportunities for the Quantum Dot industry to grow. Other factors such as the growing demand for solar-powered devices, optoelectronics in Asia-pacific regions have contributed to the overall growth of the Quantum Dots industry. The rising costs of TV, monitors, smartphone industries have spurred the acceptance of QD displays.
REGIONAL COVERAGE:
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North America
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USA
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Canada
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Mexico
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Europe
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Germany
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UK
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France
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Italy
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Spain
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The Netherlands
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Rest of Europe
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Asia-Pacific
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Japan
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south Korea
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China
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India
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Australia
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Rest of Asia-Pacific
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The Middle East & Africa
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Israel
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UAE
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South Africa
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Rest of Middle East & Africa
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Latin America
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Brazil
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Argentina
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Rest of Latin America
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| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 4.54 Bn |
| Market Size by 2030 | US$ 15.41 Bn |
| CAGR | CAGR of 16.5% From 2023 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Material (Cadmium-Based, Cadmium-Free) • By Product (Displays, Other) • By Production (Plasma Synthesis, Colloidal Synthesis) • By Vertical (Consumer, Healthcare, Telecommunications, Commercial, Defense, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Nanosys, crystal US Corporation, Merck Group, OSRAM Licht, Samsung electronics, Nanoco, QD Laser, NanoPhotonica, Crystallex Corporation, DuPont and LG Electronics |
| Key Drivers | • Several uses for quantum dots. • Benefits of quantum dots compared to traditional screens. • Ever-increasing demand for usage in displays. |
| Restraints | • Rare earth elements aren't widely available. • Concerns about the usage of heavy and hazardous metals. |
Frequently Asked Questions (FAQ) :
What is the worth of the Quantum Dot Market?
The Quantum Dot Market size was valued at 3.9 billion in 2021 at a CAGR of 16.5%.
What will be the market value of the Quantum Dot Market?
The market value is expected to reach USD 11.3 billion by 2028
What are the top market segments that have been covered in this report?
The market has been segmented with respect to material, product, production, vertical.
Which research methodology are used in this report?
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Who can buy this report?
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Quantum Dot Market Segmentation, by material
8.1Introduction
8.2 Cadmium-based
8.3 Cadmium-free
9. Quantum Dot Market Segmentation, by product
9.1Introduction
9.2 Displays
9.3 Other
10. Quantum Dot Market Segmentation, by production
10.1 Introduction
10.2 Plasma synthesis
10.3 Colloidal synthesis
11. Quantum Dot Market Segmentation, by vertical
11.1 Introduction
11.2 Consumer
11.3 Healthcare
11.4 Telecommunications
11.5 Commercial
11.6 Defense
11.7 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13.Company Profiles
13.1 LG Electronics
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Nanosys
13.3 crystal US Corporation
13.4 Merck Group
13.5 OSRAM Licht
13.6 Samsung Electronics
13.7 Nanoco
13.8 QD Laser
13.9 NanoPhotonica
13.10 Crystallex Corporation
13.11 DuPont
14.Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15.Conclusion
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