Quantum dot is small
semiconductor in crystal format that is used in business verticals that use
display and monitor devices and many other types of equipment. Global
Nano-optimized market is expected to reach 3 trillion by 2015. Increasing
demand for optimized devices with better performance and resolution quality is
a major driving force to adopt quantum dot technology into various application
areas. Brightness of quantum dots is 10-20 times higher than organic dyes. As
the semiconductor material shrink to quantum-dot level, it helps in altering
the light wavelength material and covert material from insulator to conductor.
Quantum dot is semiconductor that can be used for different devices instead of
searching for new semiconductor with special chemical composition. Major
application market for quantum dot is Display and Monitor as quantum dots are
used in LED. However, the process of manufacturing Blue quantum dots in size
that is smaller than average is very difficult over other colors of quantum
dots, this is acting as major limiting factor to adopt quantum dots in display
and monitor products. Despite of few disadvantages, quantum dots are going to
capture attention by major players, but it is very difficult for manufacturers
to analyze potential application market of quantum dots. This report covers potential
application segment and revenue generated by each segment. The global QD market
is expected to grow from $316 million in 2013 to $5,040 million in 2020 at a
CAGR of 29.9% for the analysis period (2013-2020).
Global QD market by application
The QD market is segmented
into various applications such as biological imaging, optoelectronics, quantum
optics, security & surveillance, and renewable energy. The biological
imaging market is the most mature market in terms of revenue and it is expected
to have consistent growth in the market. However, the optoelectronics
application is expected to have the highest growth potential for the analysis
period 2013 and 2020. The renewable energy application is the next fastest
growing application in the QD market.
Global QD market by devices
The quantum dot based
devices are the end-users of the technology as these particles are used to
develop devices for various applications. The end-user segment consists of QD
Medical Devices, QD LCD and LED Display Devices, QD Laser Devices, QD
Photovoltaic Devices, QD Chip, QD Sensors, and QD LED Lighting Devices. The QD
based medical devices currently have the highest market share as medical
scientists have been engaged in developing these devices for more than two
decades. However, the display devices are expected to have the highest growth
rate in the QD market, as the technology enhances the color quality of display
devices and saves energy. Photovoltaic devices are expected to have the second
highest growth rate after display devices.
Global QD market by technology
QDs are produced by using
various technologies such as colloidal synthesis, fabrication, viral assembly,
electrochemical assembly, bulk manufacturing and cadmium free QD technology.
Colloidal synthesis is the most popular technology in the market currently, as
it has the potential to produce QDs at a large scale. However, it is expected
that bulk manufacturing would have the highest revenue share with the highest
growth rate due to its ability of large scale QD production with better
quality. The cadmium free QD technology is expected to have the second highest
growth, as it would be used in consumer applications, since cadmium has
restrictions for use in these applications.
Global QD market by material
QDs are produced by
processing some materials such as Cadmium Selenide, Cadmium Sulphide, Cadmium
Telluride, Indium Arsenide, and Silicon. Cadmium Selenide was the most commonly
used material to produce QDs in 2013 followed by Cadmium Sulfide, as these were
the first materials that were ever used in the process. However, Indium
Arsenide would have the highest growth rate for the analysis period 2013-2020
along with the highest revenue by 2020. The silicon material would have the
second highest growth rate as it is observed that the light emission capacity
of silicon is in excess of 70% and can be used in electronic devices to
increase efficiency.
Global QD market by geography
The QD market is
geographically segmented into North America, Europe, Asia-Pacific and Rest of
the World (RoW). Currently, North America has the highest revenue share in the
market followed by Europe due to early adoption of the QD technology. However,
for the analysis period of 2012-2020, it is expected that the Asia-Pacific
region would have the highest growth rate followed by the RoW region.
Global QD market competitive analysis
Key Companies profiles
included in this report are Sony Corporation; Altair Nanotechnology,Inc;
Evident Technologies, LG Display, Life Technologies Corporation, Microvision
Inc; Quantum Material Corporation; Samsung Electronics Co. Ltd, Nexxus Lighting
Microvision Inc. The companies have opted for partnerships and collaborations
as a key strategy so that they can share the expertise to develop better QD
based products and solutions, as it is an evolving technology.
Global QD market high level analysis
The report analyses the
potency of suppliers and buyers along with threats of new entrants and
substitute products based on the Porter’s five force analysis. The report also
analyses the impact of the drivers, restraints and opportunities of the market
as per the current market trends and projected future scenario. The key
investment pockets are analyzed in the report based on the growth estimations
of the application segment.
Reason for doing the study
The commercial prospects of
the market are inclined towards growth due to the efficiency of QDs to produce
energy efficient and flexible products and solutions. The market is currently
at a pre-commercialized stage and the report covers the research efforts
undertaken to commercialize the market. The market estimation are made on the
basis of some assumptions of the past years volume production and expected
production in the future and projected price fluctuations. The report gives a
deep dive-analysis on applications in various sectors of the market to give
market players an understanding about the important growth potential to
maximize profits. The report also studies the impact and penetration of the QD
technology in various geographic regions so that companies can understand
end-user preferences to gain competitive advantage.
Key Benefits
- This report analyses the
factors that are driving and limiting the growth of the market
- Market estimations are
done according to the market trends for the period 2013-2020
- Analysis of key strategies
adopted by market players through their press releases would assist in
providing in-depth understanding of the market intelligence
- Deep-dive analysis of
various geographies would give an understanding of the trends in various
regions so that companies can make region specific plans
- In-depth analysis of
segments such as applications, end-users (devices), technologies and materials
provide insights that would allow companies to gain competitive edge
Spanning Over 112 pages, 70 tables, 15 figures, “Quantum Dot (QD) Market - Global Analysis,
Growth, Trends, Opportunities, Size, Share and Forecast through 2020” reports
covering the Global Quantum Dot Market Overview, Global Quantum Dot Market, By
Application, Global Quantum Dot Market, By End-Users (Devices), Global Quantum
Dot Market, By Technology, Global Quantum Dot Market, By Material, Global
Quantum Dot Market, By Geography, Company Profiles. The report covered 8
companies - Sony Corporation, Altair Nanotechnologies, Inc., LG Display Co.
Ltd, Nexxus Lighting, Quantum Material Corporation, Samsung Electronics Co.
Ltd, Nanoco Technologies, QD Vision.
