The quantum dots global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Quantum Dots Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The quantum dots market size has grown rapidly in recent years. It will grow from $4.02 billion in 2023 to $4.63 billion in 2024 at a compound annual growth rate (CAGR) of 15.1%. The growth in the historic period can be attributed to environmental benefits, demand for flexible electronics, growing demand in security applications, rising consumer electronics market, and expansion of the automotive display market.
The quantum dots market size is expected to see rapid growth in the next few years. It will grow to $8.17 billion in 2028 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to the increasing adoption of displays, rising demand for high-quality imaging, growing use of solar cells, expansion in healthcare applications, and shift towards miniaturization. Major trends in the forecast period include advancements in nanotechnology, demand for energy-efficient lighting, investment in research and development, regulatory support for nanotechnology, and emerging opportunities in quantum computing.
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Scope Of Quantum Dots Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Quantum Dots Market Overview
Market Drivers –
The rising automobile industry is expected to propel the growth of the quantum dots market going forward. The automotive industry encompasses the design, manufacturing, and sale of vehicles, including cars, trucks, and motorcycles, along with associated parts, components, and services. The automotive industry is expanding due to increasing global demand for personal and commercial vehicles, advancements in electric and autonomous vehicle technologies, and economic growth in emerging markets. Quantum dots are used in the automotive industry to enhance the color quality, efficiency, and durability of display systems, providing vibrant and energy-efficient lighting solutions for vehicle interiors and exterior lighting. For instance, in March 2022, according to a study released by the European Automobile Manufacturers Association, a Belgium-based standard group, in April 2022, 79.1 million automobiles were produced globally in 2021, rising 1.3% from the previous year. Therefore, the rising automotive industry is driving the growth of the quantum dots market.
Market Trends –
Major companies operating in the quantum dots market are developing innovative technologies, such as QD-OLED technology, to enhance display performance in consumer electronics. QD-OLED technology combines quantum dots with OLED displays, enhancing color accuracy, brightness, and energy efficiency by using quantum dots as emissive materials. For instance, in January 2022, Sony Group Corporation, a Japan-based electronics company, launched its first Quantum Dot OLED (QD-OLED) smart TV, the Bravia XR A95K, which features a 65-inch screen. This TV marks a significant advancement in OLED display capabilities by combining quantum dots with traditional OLED technology to enhance brightness and color richness. The A95K also comes with a unique stand that can sit both in front and behind the TV, allowing for flexibility in placement. These models cater to different consumer needs, from high-end performance to budget-friendly options, ensuring a wide range of choices for various viewing experiences.
The quantum dots market covered in this report is segmented –
1) By Type: III-V-Semiconductors, II-VI-Semiconductors, Silicon
2) By Material: Cadmium-Based Quantum Dots, Cadmium-Free Quantum Dots
3) By Processing Techniques: Colloidal Synthesis, Fabrication, Bio-Molecular Self-Assembly, Viral Assembly, Electrochemical Assembly, Other Processing Techniques
4) By Vertical: Consumer, Commercial, Healthcare, Defense, Telecommunications, Other Verticals
5) By Application: Medical Devices, Displays, Solar Cells, Photodetectors Sensors, Lasers, Light-emitting Diode (LED) Lights, Batteries And Energy Storage Systems, Transistors, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the quantum dots market in 2023. The regions covered in the quantum dots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the quantum dots market are Samsung Electronics Co., Thermo Fisher Scientific Inc., BOE Technology Group Co. Ltd., LG Display Co. Ltd., AUO Corporation, ams-OSRAM International GmbH, Hansol Chemical Co. Ltd., SHOEI CHEMICAL INC., Quantum Solutions Inc., Nanosys Inc., American Elements, Sigma-Aldrich Corp., MicroVision Inc., InVisage Technologies Inc., Nanoco Group Plc, Ocean Nanotech LLC, Qauantum Materials Corp., UbiQD Inc., Altairnano, Life Technologies, Ultra Nano Tec, TCL China Star Optoelectronics Technology Co. Ltd.
Table of Contents
1. Executive Summary
2. Quantum Dots Market Report Structure
3. Quantum Dots Market Trends And Strategies
4. Quantum Dots Market – Macro Economic Scenario
5. Quantum Dots Market Size And Growth
…..
27. Quantum Dots Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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