Quantum Dot Market Insights, Forecast, Growth, Trends 2024-2033 | Crystalplex Corporation, InVisage Technologies, LG Display Co. Ltd., Nanoco Group PLC, NanoPhotonica Inc

The Quantum Dot  Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Quantum Dot  Global Market Report 2024, The quantum dot market size has grown exponentially in recent years. It will grow from $7.78  billion in 2023 to $9.8  billion in 2024 at a compound annual growth rate (CAGR) of 26.0%.  The  growth in the historic period can be attributed to growth in electronics and display technology, demand for energy-efficient lighting, expansion of quantum dot-enabled tvs, adoption in biomedical imaging and diagnostics, regulatory standards for materials safety..

The quantum dot market size is expected to see exponential growth in the next few years. It will grow to $26.48  billion in 2028 at a compound annual growth rate (CAGR) of 28.2%.  The growth in the forecast period can be attributed to customized quantum dot solutions for specific applications, integration of quantum dots in solar cells and leds, sustainable and environmentally friendly quantum dots, expansion in quantum computing and quantum cryptography, adoption of quantum dots in quantum sensors.. Major trends in the forecast period include quantum dot-based quantum computing, regulatory compliance in quantum dot safety, quantum dots in nanomedicine and theranostics, personalized quantum dot applications in healthcare, transparency in quantum dot sourcing and supply chain..

The growing demand for smart televisions and mobile phones is expected to propel the growth of the quantum dots market. A smart television is an internet-based TV set in which a user can perform web surfing from the browser. Tiny semiconductor particles or nanoscale crystals of a semiconducting material that have unique optical and electronic properties are mainly used in TVs and mobile phones. For instance, in February 2023, according to Hisense Group, a China-based appliance and electronics manufacturer, in 2022, shipped 24.419 million units worldwide. Furthermore, Hisense TV abroad exports climbed by 12.2% year on year in 2022.  Therefore, the growing demand for smart televisions and mobile phones is driving the growth of the quantum dots market.

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The quantum dot market covered in this report is segmented –

1) By Material: Cadmium Selenide (CdSe), Cadmium Sulfide (CdS), Cadmium Telluride (CdTe), Indium Arsenide (InAs), Silicon (Si), Other Material

2) By Vertical: Consumer, Commercial, Telecommunications, Healthcare, Defense, Other Verticals

3) By Application: Medical Devices, Displays, Solar Cells, Photodetectors Sensors, Lasers, LED Lights, Batteries & Energy Storage Systems, Transistors, Other Applications

Major companies operating in the Quantum Dots market are developing innovative products, such as the Q-dot technology, which enables efficiency values >200 lm/W, even at high color rendering. For instance, in October 2021, Ams Osram, a German company that makes electric lights, launched a new Quantum Dot LED. The lighting giant says LED technology has been on the rise for many years, and the demand for high-quality and energy-efficient solutions for general lighting is growing.

The quantum Dot Market report table of contents includes:

1. Executive Summary
2. Quantum Dot Market Characteristics
3. Quantum Dot Market Trends And Strategies
4. Quantum Dot Market – Macro Economic Scenario
5. Global Quantum Dot Market Size and Growth

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31. Global Quantum Dot Market Competitive Benchmarking
32. Global Quantum Dot Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Quantum Dot Market
34. Quantum Dot Market Future Outlook and Potential Analysis
35. Appendix

Top 5 Major Key Players Are:

• Crystalplex Corporation
• InVisage Technologies
• LG Display Co. Ltd
• Nanoco Group PLC
• NanoPhotonica Inc

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