The quantum dots market is estimated to be valued at USD 6.05 billion in 2024 and is expected to reach USD 19.98 billion by 2031, growing at a compound annual growth rate (CAGR) of 18.60% from 2024 to 2031.
Report Description:
Quantum dots are semi-conductor nanocrystals that have unique optical and electronic properties. When exposed to light or electrical current, quantum dots are able to absorb and emit certain wavelengths of light. This makes them highly attractive for a wide range of applications including displays, lighting, solar cells, biological imaging, and sensing. With further advances in manufacturing techniques, quantum dots are expected to replace traditional materials used in numerous industries. Their nanoscale size gives them superior properties over bulk materials. The global quantum dots market is projected to grow substantially in the coming years due to the growing demand from various end-use industries.
Market Dynamics:
Key drivers propelling the quantum dots market include superior optical properties compared to conventional fluorophores which is boosting their adoption in display applications. Their tunable light emission abilities make them suitable for a variety of applications. Rising government investments in nanotechnology research is also positively impacting the market growth. However, high production costs and toxicity concerns related to certain semiconductor materials act as restraints. On the other hand, growing focus on printed electronics and emerging applications in solar cells and medical devices present lucrative opportunities for market expansion.
Key features of the study:
- This report provides an in-depth analysis of the global quantum dots market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global quantum dots market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Altairnano, Apple Inc. , Dow , Intelligent Materials Private Limited , LG Display Co., Life Technologies, MicroVision , Nanoco Group plc, Nanosys Inc., NNCrystal , Ocean NanoTech LLC, OSRAM GmbH , QD Laser, Quantum Materials Corp., Samsung Display Co. Ltd. , Sigma-Aldrich Co. , Sony Corporation , Techinstro , and Thermo Fisher Scientific Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global quantum dots market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global quantum dots market
Market Segmentation
-
- By Type
- Cadmium Selenide Quantum Dots (CdSe/ZnS)
- Carbon Quantum Dots (CQD)
- Graphene Quantum Dots (GQD)
- Indium Phosphide Quantum Dots (InP/ZnS QD)
- Lead Sulfide Quantum Dots (PbS QD)
- Perovskite Quantum Dots
- Zinc Selenide Quantum Dots (ZnSe/ZnS QD)
- By Application
- Biosensors
- Gene and Drug Delivery
- Bioimaging
- Light Emitting Diodes (LEDs)
- Photodetectors
- Solar Cells
- Photocatalyst
- Others
- By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- Key Players
- Altairnano
- Apple Inc.
- Dow
- Intelligent Materials Private Limited
- LG Display Co.
- Life Technologies
- MicroVision
- Nanoco Group plc
- Nanosys Inc.
- NNCrystal
- Ocean NanoTech LLC
- OSRAM GmbH
- QD Laser
- Quantum Materials Corp.
- Samsung Display Co. Ltd.
- Sigma-Aldrich Co.
- Sony Corporation
- Techinstro
- Thermo Fisher Scientific Inc.