Overview
The quantum dots market is projected to grow at a CAGR of 26.45% during the forecast period. As per the quantum dots market research report, the global market for quantum dots is projected to grow swiftly by US$8,151.07 million by 2025. According to analysts, utilization in various applications as well as the growing demand for quantum dots will drive the market growth during the forecast period. The Quantum Dot Market research report offers a comprehensive analysis of the global quantum dots market and its material, region, vertical, and product segments. The slow rate of adoption along with utilization of heavy metals are the elements that could influence the quantum dots market advancement throughout the forecast period. The quantum dots market research report by expert analysts is developed to assist organizations in the quantum dots market.
Industry News
Fluorescent quantum carbon dots were used to evaluate the spoliation of fresh mackerel. Tae Jung Park and colleagues from Chung-Ang University in South Korea have developed the inexpensive, selective and highly sensitive technique that is more effective than current methods for the detection of certain harmful chemicals linked to foodstuff spoilage. They could become an important tool to ensure food safety and freshness.
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Key Players
The significant players of the global quantum dots market are Nano Elements Source, Nanoco Group PLC (UK), Nanosys, Inc. (the US), QD Laser, Inc. (Japan), Ocean NanoTech (US), NN-Labs, LLC (US), QD Vision (US), Altair Nanotechnologies Inc. (US), Quantum Material Corp. (US), OSRAM Licht AG (Germany), UbiQD, Inc. (Mexico), Crystalplex Corp. (US), LG Display Co., Ltd (South Korea), Pacific Light Technologies (US), Navillum Nanotechnologies (US), LLC (US).
Segmentation
The global quantum dots market can be divided on the basis of material, vertical, product, and region.
On the basis of material, the global quantum dots market can be classified into silicon, cadmium sulfide, cadmium selenide, cadmium telluride, indium, zinc sulfide, and others. The cadmium selenide segment is likely to dominate the market during the review period.
On the basis of vertical, the global quantum dots market can be classified into telecommunication, consumer, commercial, defense, healthcare, and others. The consumer vertical is likely to lead the market during the review period.
On the basis of product, the global quantum dots market can be classified into transistors, solar cells, displays, photodetectors, led, and others. The display segment is estimated to lead the market during the review period.
On the basis of region, the global quantum dots market can be classified into Asia-Pacific, Europe, North America, and the Rest of the World (RoW).
Quantum Dots Market - Regional Analysis
The geographical analysis of Asia-Pacific, Europe, North America, and the Rest of the World (RoW) has been conducted. As per the analysis, North America is likely to acquire the largest market share in the quantum dots market from 2019 to 2025. The rising concern and awareness with respect to health and fitness among the population are likely to play a significant role. The US plays a significant role in market expansion. It generates significant demand due to the early adoption of quantum dots technology. On the other hand, the APAC region is likely to record the maximum CAGR during the review period. The presence of emerging economies like Japan and China presents the most significant demand for quantum dots in the region. Besides, the region has the existence of important established players like Samsung and LG, who are perpetually investing in quantum dot technology to advance innovative products. The European market is likely to show significant growth during the forecast period.
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