Global Quantum Dots Market: Industry Insights, Market Size, Trend Analysis and Forecast to 2021
Quantum Dots (QD) are semiconductor nanostructures which can exhibit quantum mechanical properties. QDs can efficiently change the light from visible spectrum to any color. The color emitted will depend on the size of the quantum dots. Hence big QDs release light of red or white color while smaller QD release light from the shorter wavelength such as green.
One of the major factors that can be attributed to the growth of the QD market is the growing demand for higher resolution displays in the electronic and healthcare sector. In addition, increasing demand for devices, such as laptops, mobile phones and tablets, having superior performance and resolution is also driving the growth of the market. The evolutions of heavy metal free quantum diodes, such as Silicon Dioxide Quantum Dots, are expected to drive the market. However, lack of awareness among consumers and the high cost of producing QD are key factors in restraining the market. Utilization of heavy metals as raw materials for the QD is also hindering its growth. However, with advancement in technology and mass production of environment safe QD, it can become the primary material of use in the display and lighting industries.
The global QD market can be segmented by, product type, into medical devices, lasers, sensors, chips, lighting devices, LED display and others. QD market can be segmented into six parts, based on processing technique such as cadmium selenide, cadmium sulphide, cadmium telluride, indium arsenide, silicon and grapheme among others. Based on applications, the QD market can be segmented into healthcare, optoelectronics, energy, quantum computing, quantum optics, security & surveillance and others. Furthermore, QD market can be geographically segmented into North America, Europe, APAC and rest of the world.
The key companies leading the QD market are Evident Technologies Inc., QLight Nanotech, Life Technologies Corp., Nanosys Inc., Nanoco Group Plc. Ocean nanotech LLC, QD Vision Inc., CrystalPlex, and Invisage among others.