The Global Market for Quantum Dots Based Products is Projected to Reach US$3.5 Billion by 2020

Expanding Applications & Full-Scale Commercialization to Drive the Global Quantum Dots Market, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Quantum Dots. The global market for Quantum Dots based products is projected to reach US$3.5 billion by 2020, spurred by the growing scope of applications, and the expected full-scale commercialization of QD-based products in the coming years.

Quantum Dots, a type of nanomaterial with diameter ranging between 2 to 10 nanometers, represents the fastest-growing product in the global nanophotonics materials market. The unique electroluminescent, photoluminescent, photo-physical, and other properties of quantum dots due to quantum confinement effect render the nanoparticles versatile and flexible for use in a wide range of scientific, technological, and commercial applications. A host of value-added QD products are being commercialized for applications in optoelectronics, optical, electronic, biological, environmental, communications, computing, renewable energy, and security markets.

Optoelectronics represents the largest as well as the fastest-growing end-use market for quantum dots-based products. QDs are emerging as a disruptive technology, elevating the color performance and energy efficiency of conventional LCD panels. In the near term, penetration of QD LCDs is expected to surge in the downstream markets such as TVs, smartphone, personal computer, tablet PC, and notebook PC displays. QD-enhanced LEDs are poised to revolutionize the solid-state lighting market, giving rise to a new breed of LEDs with enhanced energy-efficiency and better color output. QD LEDs are expected to make inroads into the general lighting market as the most suitable replacement for existing CFL and LED bulbs, owing to the higher light-intensity and energy-efficiency enabled by the quantum dot technology.

Demand for quantum dots in the healthcare and life sciences sectors is growing steadily, with the nanoparticles holding strong potential for bio-medical imaging, cell tracking, and drug delivery applications. Colloidal quantum dot-based bioconjugates are among the first QD products commercialized for the biomedical and life sciences sectors, for therapeutic detection and cellular imaging applications. Though full commercialization of QD-enhanced solar cells is being constrained by technological issues and the recent slowdown in the photovoltaic industry, the segment is expected to witness strong growth in the near term. With the commercialization of non-colloidal (epitaxial) quantum dot enhanced lasers on the horizon, QD lasers are poised to emerge as one of the core optical communications technologies that will aid the telecom industry in managing the rising tide of global data traffic.

As stated by the new market research report on Quantum Dots, the United States represents the largest market worldwide, followed by Europe. Asia-Pacific ranks as the fastest growing market, with a CAGR of 60.5% over the analysis period.  

Major players in the market include 3M Company, American Elements, Attonuclei S.A.S., Crystalplex Corporation, Fujitsu Limited, InVisage Inc., Life Technologies, Nanoco Group PLC, NanoSys Inc., NN-Labs LLC, Ocean NanoTech LLC, QD Laser Inc., QD Vision Inc., Quantum Materials Corp., and Sigma-Aldrich Corporation, among others.

The research report titled “Quantum Dots: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the quantum dots market, market trends, issues, growth drivers, mergers and acquisitions, and other strategic industry activities of global companies.  The report provides market estimates and projections for all major geographic markets, such as the US, Canada, Japan, Europe (France, Germany, UK, and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), and Rest of World.