Global Quantum Dots Market Research and Forecast, 2022-2028

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List of Tables

Global Quantum Dots Market Size, Share & Trends Analysis Report By Types Of Devices (QD Display, QD Lighting, QD Solar Cells, and Others) By Type of Material Used (Graphene, Cadmium Selenide, Cadmium Sulphide, and Others) By Application (Healthcare, Electronics, Security And Surveillance, and Others) Forecast, 2021-2027

The global quantum dots market is anticipated to grow at a CAGR of around 24.1% during the forecast period. The global quantum dots market elucidates technological aspects to save energy and make processes efficient. The energy crisis is one of the major problems that the world is facing throughout. The rapid development of technology in the last few decades has contributed a lot in paving way for nanoparticle technologies. Quantum dots are semiconductor nanoparticles that are used intensively in displays these days. Companies such as Nanosys, Inc., and Samsung have already launched QD enhanced LCDs which give more vibrant color with less consumption of power, these displays are giving tough competition to OLEDs. Its applicability in solar cell manufacturing, demand for QHD displays, rising demand for LED lights, and advancement of technology are the drivers that boost the growth of this market.

However, due to expensive technology, products being manufactured using this technology are not cost-effective which is one of the restraining factors. Slow adoption because of less awareness is another restraining factor. Further development in new technologies to reduce the cost of the products manufactured with QD technology, increasing adoption of QD in LED lightings, and new QD product launches by major players are expected to offer lucrative opportunities in the global quantum dots market during the forecast period.

Impact of COVID-19 on Global Quantum Dots Market

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. The COVID-19 pandemic disrupted lifestyle and business operations across the globe. The outbreak of COVID has also affected the global QD market. Due to the delay in raw material supply, owing to a temporary shutdown, the LED lights' purchase order, delivery timeline, and payments were delayed, resulting in low revenue generation for the manufacturers. The disruption in manufacturing units led to less production of QD products. Hence, the global market witnessed a decline in the overall revenue in the year 2020. The market was expected to recover in 2021 with reduced COVID-19 cases.

Segmental Outlook

The global quantum dots market is segmented based on the type of devices, type of material used, and application. Based on the type of devices, the global quantum dots market is segmented into QD display, QD lighting, QD solar cells, QD lasers, and QD medical devices. Among these devices, the QD medical devices are expected to dominate the market by accounting largest share due to the increasing application of these devices in healthcare sectors. Based on the type of material used, the market is classified into graphene, cadmium selenide, cadmium sulphide, indium arsenide, and cadmium telluride. Among these, cadmium sulphide is projected to have the fastest growth rate during the forecast period owing to the increasing application of quantum dots in consumer applications such as LED lights, and solar cells. Based on application, the market is divided into healthcare, electronics, security and surveillance, sustainable energy sources (solar).

Global Quantum Dots Market Share by Application, 2020 (%)

Global Quantum Dots Market Share by Application

The Healthcare Segment projected to Dominate the Global Quantum Dots Market

Among applications of QD, the healthcare segment dominated the market in 2020, and it is further expected to maintain its dominance during the forecast period. The use of QD in the healthcare sector especially in biological imaging, and in-vivo imaging, primarily used for the detection of cancer cells is gaining popularity due to which the demand for this technology has surged. The high luminescence, narrow emission, and low toxicity and biocompatibility of QDs make them a perfect candidate for bioimaging, diagnostics, and biosensing applications, mostly related to biomedical and environmental sciences. Owing to these properties of the QD their application in the healthcare sector has increased and it is further anticipated to increase during the forecast period.

Regional Outlook

Geographically, the global quantum dots market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, ASEAN, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). Among these, North America is projected to lead the market owing to the wide adoption of QD technology in the broad area of applications. Moreover, the continued R&D to improve the technology will further help the region to excel in the quantum dots market.

Global Quantum dots Market Growth, By Region 2021-2027

Global Quantum dots Market Growth, By Region

Asia-Pacific is Projected to Exabit Highest Growth Rate in Global Quantum Dots Market

Geographically, Asia-Pacific is anticipated to exhibit the highest growth rate during the forecast period. The factors attributing towards the growth of the region include advancement in QD technologies, increasing demands for QD in various end-user applications, and rising disposable income. Due to demand from various sectors such as smartphones, smart TV, and other consumer goods the Asia-Pacific market is growing rapidly. China, Japan, Taiwan, Korea, and India are leading contributors to the market in the Asia-Pacific region. China is the global manufacturing hub for display and other electronic goods therefore, strong demand is expected from the country during the forecasted period.

Market Players Outlook

The key players in the quantum dots market contributing significantly by providing different types of products and increasing their geographical presence across the globe. The key players of the market include Nanosys Inc., NN-Labs LLC, Ocean Nanotech LLC, OSRAM GmbH, Quantum Materials Corp., Samsung Electronics Co Ltd, and Others. These market players are adopting several market strategies including product launch and approvals, merger and acquisition, partnership collaboration, business, and capacity expansion, and others. For instance, in August 2019, Quantum Materials Corp, one of the leading American nanomaterial & cadmium-free quantum dot manufacturer has acquired certain assets of Capstan Platform, Inc. Through this acquisition, Quantum Materials Corp. intends to leverage the technologies that Capstan has developed to introduce additional products into new global market verticals soon.

The Report Covers

Market value data analysis of 2020 and forecast to 2027.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global quantum dots market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market entry and market expansion strategies.

Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2018250

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Quantum Dots Industry
Recovery Scenario of Global Quantum Dots Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Geography

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on key players

4. Market Determinants

4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation

5.1. Global Quantum Dots Market, By Types of Devices
- 5.1.1. QD Display
- 5.1.2. QD Lighting
- 5.1.3. QD Solar Cells
- 5.1.4. QD Lasers
- 5.1.5. QD Medical Devices
5.2. Global Quantum Dots Market, By Type of Material Used.
- 5.2.1. Graphene
- 5.2.2. Cadmium Selenide
- 5.2.3. Cadmium Sulphide
- 5.2.4. Indium Arsenide
- 5.2.5. Cadmium Telluride
5.3. Global Quantum Dots Market, By Application
- 5.3.1. Healthcare
- 5.3.2. Electronics
- 5.3.3. Security And Surveillance
- 5.3.4. Sustainable Energy Source (Solar)

6. Regional Analysis

6.1. North America
- 6.1.1. United States
- 6.1.2. Canada
6.2. Europe
- 6.2.1. UK
- 6.2.2. Germany
- 6.2.3. Italy
- 6.2.4. Spain
- 6.2.5. France
- 6.2.6. Rest of Europe
6.3. Asia-Pacific
- 6.3.1. China
- 6.3.2. India
- 6.3.3. Japan
- 6.3.4. South Korea
- 6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
- 6.4.1. Latin America
- 6.4.2. Middle East& Africa

7. Company Profiles

7.1. 3M Co.
7.2. American Elements
7.3. Auttonuclei S.A.S
7.4. Crystalplex Corp
7.5. Fujitsu Laboratories Limited
7.6. Innolume GMBH
7.7. LG Electronics Inc.
7.8. Merck KGaA
7.9. Nanoco Technologies Ltd
7.10. Nanosys Inc
7.11. NN-LABS LLC
7.12. Ocean Nanotech LLC
7.13. OSRAM GmbH
7.14. QD Laser Inc.,
7.15. Quantum Materials Corp.
7.16. Samsung Electronics Co Ltd
7.17. Sony Corp.