Press release
Quantum Dot Technology Market Size, Revenue Share, Insights & Future Outlook
Quantum Dot Technology Market SizeThe global market for Quantum Dot Technology was valued at US$ 287 million in the year 2024 and is projected to reach a revised size of US$ 954 million by 2031, growing at a CAGR of 19.0% during the forecast period.
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Quantum dots (QDs) or semiconductor nanocrystals are semiconductor particles a few nanometres in size with optical and electronic properties that differ from those of larger particles via quantum mechanical effects. They are a central topic in nanotechnology and materials science. When a quantum dot is illuminated by UV light, an electron in the quantum dot can be excited to a state of higher energy. In the case of a semiconducting quantum dot, this process corresponds to the transition of an electron from the valence band to the conduction band. The excited electron can drop back into the valence band releasing its energy as light. This light emission (photoluminescence) is illustrated in the figure on the right. The color of that light depends on the energy difference between the discrete energy levels of the quantum dot in the conduction band and the valence band. Nanoscale semiconductor materials tightly confine either electrons or electron holes. The confinement is similar to a three-dimensional particle in a box model. The quantum dot absorption and emission features correspond to transitions between discrete quantum mechanically allowed energy levels in the box that are reminiscent of atomic spectra. For these reasons, quantum dots are sometimes referred to as artificial atoms, emphasizing their bound and discrete electronic states, like naturally occurring atoms or molecules. It was shown that the electronic wave functions in quantum dots resemble the ones in real atoms. This report covers the quantum dot product market.
The global quantum dots market is anticipated to grow significantly over the forecast period. Increased demand for optimized devices with better performance and high resolution is expected to be a key driver for the quantum dots market in various application areas. Quantum dots (QD) exhibit a brightness which is 10-20 times higher than organic dyes. Owing to the shrinkage of semiconductor materials to quantum-dot level, the material gets converted from insulator to conductor due to alteration in the light wavelength. This conversion property enables quantum dots to be integrated in numerous devices instead of searching for new semiconductors possessing a special chemical composition.
This report aims to provide a comprehensive presentation of the global market for Quantum Dot Technology, 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 Quantum Dot Technology.
The Quantum Dot Technology market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Quantum Dot Technology market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
By Type
• Type II-VI (with Cd)
• Type II-VI (Cd-free)
• Type III-V
• Perovskite
By Application
• Displays
• Medical Devices
• Solar Cells
• Sensors
Key Companies
BOHR, Hansol Chemical, Suzhou Xingshuo Nanotech, American Elements, Xingzi New Material, Najing Tech, Nantong Veeyeei, Nanosys Inc., Huada Nano, Nanoco, Yang-Ming Quantum Tech, Wuhan Jiayuan, Samsung Electronics Co. Ltd, Avantama, Sigma-Aldrich Co. LLC
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