The Quantum Dots Market is anticipated to reach USD 8.6 billion by 2026 at a CAGR of 16.2% from an estimated value of USD 4.0 billion in 2021. One of the key drivers for the expansion of the quantum dot market globally is the rising demand for quantum dots in display devices, their advantages over conventional displays, and their application in a variety of goods, including lasers, solar cells, and LEDs.
Samsung Electronics (South Korea), Nanosys (US), Nanoco Group (UK), NNCrystal US Corporation (US), and QD Laser are the Major Market Participants with a Significant Global Presence in the Quantum Dot Market (Japan). To strengthen their position in the quantum dot market, the corporations have used a variety of techniques, including the creation of cutting-edge goods, partnerships, collaborations, and acquisitions. The market participants have been able to expand globally with the use of cutting-edge product offerings in the Quantum Dot Market thanks to organic and inorganic tactics.
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To strengthen its position in the Quantum Dot Market, Samsung Electronics (South Korea) mostly use organic growth techniques including product development. Samsung is a market leader in quantum dot technology and a forerunner in its commercialisation. It seeks to expand its consumer base and reach new areas by releasing cutting-edge products. TVs, monitors, and digital signage systems are among the company's wide range of quantum dot goods. By continually releasing devices with higher resolution, lower power consumption, lower cost, and higher yield rate, Samsung has maintained its top spot in this market. Because of its technological prowess and capacity for rapid expansion, Samsung is anticipated to maintain its position as the market leader despite the rising demand for QLED displays. Odyssey G9, the first curved gaming display in the world, was released by Samsung in June 2020. The monitor sports a QLED panel with quantum dots and supports HDR 10+ adaptive technology. These monitors have a 240Hz refresh rate and a 1ms response time.
When it comes to creating and providing quantum dots to the display market, Nanosys (US) is a Major Market Player. The ultra-high-definition (UHD) display ecology has been completely transformed by the quantum dot enhancement film (QDEF) and quantum dot on glass (QDOG) technologies offered by Nanosys. The business produces and markets high-quality, reasonably priced quantum dots. The company's main goal is to offer cutting-edge and cutting-edge goods based on quantum dot technology. The business has a strong focus on quantum dot R&D and holds a number of patents in this area. In order to expand its position in Germany, India, and China, Nanosys mostly uses inorganic growth techniques like partnerships, acquisitions, and collaborations with OEMs in various areas. A supply and service agreement between Nanosys and Shoei Chemical was announced in August 2020. The agreement stated that Shoei Chemical will produce exclusive quantum dot materials for Nanosys. The only manufacturer now involved in the expansion of heavy metal and heavy metal-free quantum dots is Shoei Chemical. Additionally, Nanosys had signed a global sales distribution partnership with NAGASE & CO., LTD. in August 2020. The contract gave NAGASE the right to distribute Nanosys quantum dot materials for a variety of uses all over the world.
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A wide range of quantum dots and nanoparticles from the UK's Nanoco Group are available for use in many different applications. The business sells both cadmium-based and cadmium-free quantum dots. Additionally, it provides additional nanoparticles and fine colour quantum dot films for use in OLED colour conversion, other displays, security tagging, vertical farming, etc. The business invests heavily in research and development, producing quantum dots that have a wide range of uses in the consumer, healthcare, and telecommunications industries. The company works with other market participants to create creative solutions to improve their current products in addition to developing new items. For instance, in May 2017, Nanoco Group and Kyulux, Inc., a company that develops display materials, agreed to collaborate on the creation of next-generation displays. With the assistance of this collaboration, Nanoco will be able to develop OLED/QLED technology for use in current display goods.
Quantum dots from NNCrystal US Corporation (US) are available in a wide range of applications, including sensors, transistors, and displays. The business sells quantum dots that are both cadmium-based and cadmium-free. The company sells three different types of cadmium-based quantum dots: cadmium selenide, cadmium telluride, and cadmium sulphide. Zinc sulphide quantum dots, manganese-doped zinc selenides, and indium phosphide quantum dots are examples of cadmium-free quantum dots. These quantum dots are produced using their patented environmentally friendly techniques. The company places a strong emphasis on R&D operations to create quantum dots that dominate the industry. For instance, NNCrystal announced the creation of indium phosphide-based quantum dots that are metal-free and environmentally benign.
Leading producer of optical communication equipment based on quantum dot technology is QD Laser (Japan). In the large-scale manufacturing of quantum dot lasers, it is a pioneer. The need for quantum dots in sensing applications has grown in recent years, and the business is utilising these new market growth potential. It puts a lot of effort into creating cutting-edge and ground-breaking items to improve its position in the quantum dot market. By creating quantum dot lasers that are primarily used in telecommunications, QD Laser is leveraging new prospects in optical communication, silicon photonics for optical interconnect in data centres, 5G base stations, vehicles, and LiDAR in robotics.
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