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Upconverting Nanoparticles (UCNPs) Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Upconverting Nanoparticles (UCNPs) MarketUpconverting nanoparticles (UCNPs) are a type of nanomaterial that possess the ability to convert lower-energy photons (typically infrared or near-infrared light) into higher-energy visible or ultraviolet light. This unique property is known as upconversion luminescence.
UCNPs are typically composed of a host material, such as a lanthanide-doped matrix, and can be engineered at the nanoscale, ranging from a few nanometers to a few hundred nanometers in size. The host material contains dopant ions, usually lanthanides such as erbium, ytterbium, or thulium, which are responsible for the upconversion process.
When UCNPs are excited by infrared or near-infrared light, multiple photon absorption and energy transfer processes occur within the nanocrystal lattice. These processes involve sequential absorption of low-energy photons followed by energy transfer steps, ultimately resulting in the emission of higher-energy visible or ultraviolet photons.
The global Upconverting Nanoparticles (UCNPs) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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North American market for Upconverting Nanoparticles (UCNPs) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Upconverting Nanoparticles (UCNPs) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Upconverting Nanoparticles (UCNPs) include Sigma-Aldrich, CD Bioparticles, Nanocs, Ocean NanoTech, Uniogen, Strem Chemicals and ACS Material, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Upconverting Nanoparticles (UCNPs), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Upconverting Nanoparticles (UCNPs).
By Type
• Lanthanide-Doped NaYF4
• Lanthanide-Doped NaGdF4
• Lanthanide-Doped LaF3
By Application
• Bioimaging
• Sensing and Diagnostics
• Photodynamic Therapy
• Solar Energy Conversion
• Display Technologies
Key Companies
Sigma-Aldrich, CD Bioparticles, Nanocs, Ocean NanoTech, Uniogen, Strem Chemicals, ACS Material
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