Quantum Dots Market to Perceive Substantial Growth During 2021 to 2026 | Nanoco Group Plc, Nanosys, Inc., NN-Labs, LLC, QD Laser, Inc., Samsung Electronics

Latest research on Quantum Dots Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2020 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Quantum Dots market. this report included a special section on the Impact of COVID19. Also, Quantum Dots Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Quantum Dots industries.

The quantum dots market was valued at USD 652.2 million in 2020 and expected to reach USD 4416 million by 2026 and grow at a CAGR of 40.9% over the forecast period (2021 - 2026).

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Top Companies in the Global Quantum Dots Market: –

Nanoco Group Plc, Nanosys, Inc., NN-Labs, LLC, QD Laser, Inc., Samsung Electronics, Ocean NanoTech., Altair Nanotechnologies Inc., Quantum Material Corp., OSRAM Licht AG, InVisage (Apple), Nano Elements Source, LLC, Crystalplex Corp., UbiQD, NanoPhotonica Inc., Navillum Nanotechnulogies, LG Display, Pacific Light Technologies, Avantama, Strem Chemicals Inc

Industry News And Development:

- April 2019  The leading US-based cadmium-free quantum dot and nanomaterials manufacturer, Quantum Materials Corp., produced a 100% cadmium-free 55 inch QDX quantum dot display technology that achieves an industry-leading 95% Rec. This superior level of performance was achieved by utilizing the company's proprietary QD-enhanced film, while eliminating the costly barrier film that was previously necessary for QD-based display designs.

- Feb 2019 - Nanosys demonstrated its breakthrough quantum efficiency for heavy metal-free red, green, and blue QDEL devices, and successfully printed displays using ink jet technology in its labs. This is a major advancement in the next-generation quantum dot technology.

Report Scope

- Demand for quantum dots in high-quality display devices is a key driver for the market. A widespread practical application of QDs is in quantum dot enhancement film (QDEF) layer, which is used to improve the LED backlighting in LCD televisions. By using quantum dots, one can get rid of all the in-between-colors and generate pure colors, thus, creating a much wider color gamut. Additionally, enhanced energy efficiency can be achieved, for the LCD TV.

- Demand for energy-efficient solutions is driving the market. Nanomaterial-based white-light-emitting diodes (LEDs) exhibit a record luminous efficiency of 105 lumens per watt. With further development, the new LEDs can reach efficiencies over 200 lumens per watt, making them a promising energy-efficient lighting source for homes and offices, with the help of quantum dots.

- The quantum dots may have a potential drawback, when used in biological applications, due to their large physical size, owing to which, they cannot diffuse across cellular membranes. The delivery process may actually be dangerous for the cell, and may even result in its destruction. In other cases, a QD may be toxic for the cell and inappropriate for any biological application, which is a key restraint for the market.

Key Market Trends

LED Penetration to Enhance the Market Growth

With increasing led penetration in the lighting market, the quantum dots market is growing, due to the application of quantum dots in manufacturing high-efficiency and color-saturated displays. It is increasingly becoming popular in the consumer electronics segment owing to QDs applications in appliances, such as LED TVs, which absorb and emit light in pure colors, as much as four times brighter than any other display technology in the world.

In agriculture, it is possible to produce light-converting coatings, which is expected to increase yield and the speed of ripening of fruit plants in greenhouses. Dutch farmers are increasingly adopting indoor farming, and they are able to grow more crops, faster, and in a smaller space, with advanced greenhouses using LED lights.

Colloidal QD LED, with quantum and power conversion efficiencies in the infrared range, has proven that it can also be integrated in inorganic solar cells, and this may lead to even higher efficiencies. Additionally, such factors have triggered a vast number of applications for QDs, including surveillance, night vision, environmental monitoring, and spectroscopy.

Additionally, significant drop in light output exhibited by green LEDs has often been the cause of efficiency problems and high costs in customer applications, such as fitness trackers. Thus, in order to resolve these issues, in May 2018, Osram Licht AG increased the efficiency of its green LEDs by 40%.

Asia-Pacific to Witness a Significant Growth Rate

The Asia-Pacific quantum dots market is expected to register the highest growth rate during the forecast period. The growth of the market in the Asia-Pacific region can be attributed to the inclination of consumers toward the adoption of technologically advanced products, and the involvement of various universities and organizations in R&D of the QD technology, specifically in the display market.

Surging demand from the optoelectronics and solar energy applications is also the key growth factor for the market in this region. Unique optical properties, such as high quantum yield, emission tenability, narrow emission band, and optical stability, are making quantum dots the preferred material for the display and lighting solutions.

In the coming years, there is likely to be an increase in demand for QD displays in Asia-Pacific, especially in China, which is expected to drive the quantum dots market. Rising expenditures of the TV, monitor, and smartphone industries, with the introduction of new products, is increasing the adoption of QD displays, which may enhance the growth of the quantum dots market.

Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global Quantum Dots market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Quantum Dots Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

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Following are major Table of Content of Quantum Dots Industry:

Quantum Dots Market Sales Overview.
Quantum Dots Market Sales Competition by Manufacturers.
Quantum Dots Market Sales Analysis by Region.
Quantum Dots Market Sales Analysis by Type.
Quantum Dots Market Analysis by Application.
Quantum Dots Market -Manufacturers Analysis.

Reasons to Invest:

Market Size Forecasts: The authors of the report have provided accurate estimation of the global Quantum Dots market size based on value and volume
Market Trend Analysis: This section of the report throws light on the approaching trends and developments in the global Quantum Dots market
Future Prospects: The report here offers crucial information on the rewarding opportunities in the global Quantum Dots market

This allows an understanding of the market and benefits from any lucrative opportunities that are available. Researchers have offered a comprehensive study of the existing market scenario while concentrating on the new business objectives. There is a detailed analysis of the change in customer requirements, customer preferences and the vendor landscape of the overall market.

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