Quantum Dots Market Analysis, Size, Share, Growth, Trends and Forecast to 2023 |Report Leading Profiles: Life Technologies Corp., Nanosys Inc., QD Vision Inc., Nanoco Technologies Ltd., Ocean NanoTech, QD Laser Inc., Evident Technologies Inc., LG Display

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Quantum Dots Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2023,” the quantum dots market was valued at USD 88.5 million in 2011, which is expected to reach USD 8,246.8 million by 2023, growing at a CAGR of 53.8% from 2013 to 2023.

Increasing demand for energy efficient displays and lighting solutions is the major force driving the quantum dots market. In the field of electroluminescent displays, light emitting quantum dots are preferred for next generation displays as they offer improved color purity, brighter images, and energy efficiency. In addition, regulated demand from healthcare sector is expected to have positive impact on the demand of quantum dots over the forecast period. This can be attributed to the increasing use of quantum dots in wide range of medical applications including drug delivery, cell tracking, and biological imaging among others. The use of quantum dots in solar cells and VLSI (Very Large Scale Integration) design is expected to open new possibilities for quantum dots market in coming years.

Healthcare segment accounted for 77.4% of the overall revenue in 2012. However, optoelectronics segment is expected to surpass the healthcare quantum dots market, growing at the fastest CAGR of 71.5% from 2013 to 2023. Superior capabilities in terms of operating life, energy efficiency, and color quality of the emitted light make quantum dots preferred technology to be used in displays and lighting solutions. In addition, unique optical properties exhibited by quantum dots have made them attractive semiconducting material. In terms of products, the QD medical device segment held the highest market share, and was valued at approximately USD 68.5 million in 2012. The QD LED display segment is expected to grow at the highest CAGR of 85.4% from 2013 to 2023 due to tremendous growth expected in optoelectronics segment. North America was the market leader in 2012, and Asia Pacific is expected to be the fastest growing region, with an expected CAGR of 55.4% from 2013 to 2023. The growth in the region is attributed to growing demand from solar energy and optoelectronics application segments.

According to the research report, in 2011, the global quantum dots market stood at US$88.5 milion. Aided by the soaring demand for lighting applications and energy-efficient displays, the market for quantum dots is expected to register an exceptional CAGR of 53.8% during the period from 2013 to 2023 and reach a market value of US$8,246.8 million by the end of the forecast period.

The healthcare industry accounted for a 77.4% share in the overall revenue generated in the global quantum dots market in 2012. However, the market for optoelectronics is likely to surpass the healthcare industry in the near future, expanding at an impressive CAGR of 71.5% over the forecast period.

On the basis of products, the QD medical devices market led the overall quantum dots products market, occupying the biggest share in 2012 and reaching a market value of US$68.5 million. However, the market for QD LED displays is expected to outdo the QD medical devices market, reporting the highest CAGR of 85.4% during the forecast period due to the rapid rise of the optoelectronics industry, fueling the demand for QD LED displays.

In terms of raw materials, cadmium selenium (CdSe) dominated the global quantum dots market in 2012. However, the usage of cadmium-free (nontoxic) quantum dots is likely to increase in the coming years, owing to the restrictions on the usage of cadmium getting stricter.

The quantum dots market in North America dominated the global market in 2012, while the market in Asia Pacific is projected to report the fastest growth, at a CAGR of 55.4% during the forecast period, on account of the increasing demand from the markets for optoelectronics and solar energy in this region.

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Though the future of the global quantum dots market looks thriving, the restricted usage of heavy material is expected to hamper the market from growing smoothly. Additionally, high investment in competing technologies can also limit the market to a certain extent.

Companies mentioned in the research report

Life Technologies Corp., Nanosys Inc., QD Vision Inc., Nanoco Technologies Ltd., Ocean NanoTech, QD Laser Inc., Evident Technologies Inc., LG Display Co. Ltd., NanoAxis, Samsung Electronics, InVisage Technologies Inc., Quantum Materials Corp., and NN-Labs are the key players operating in the global quantum dots market. Most of these companies are based in the U.S., demonstrating North America’s dominance over the global market.

Key segments of the quantum dots market

By Products

QD Medical Devices
QD LED Displays
QD Lasers
QD Solar Cells
QD Chips
QD Sensors
QD Lighting

By Raw Materials

Cadmium Selenium
Cadmium Tellurium
Non Toxic (Cadmium Free)
Others (InAs, InGaAs, PbS, and etc.)

By Application

Health Care
Flow Cytometry
Biological imaging (in-vitro, in-vivo, and etc.)
Drug Delivery
Cell Tracking
Photodynamic Theory

Quantum Computing
Optoelectronics
Quantum Optics
Security & Surveillance
Energy

Major regions analyzed under this research report are:

Europe
North America
Asia Pacific
Rest of the World

This report gives you access to decisive data such as:

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years

Key highlights of this report

Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
Offers a clear understanding of the competitive landscape and key product segments

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