CHICAGO, May 10, 2024 /PRNewswire/ -- The Quantum
Dot Market is expected to reach
USD 23.9 billion by 2029 from
USD 10.6 billion in 2024, at a CAGR
of 17.7% during the 2024–2029 period according to a new report by
MarketsandMarkets™. The major factors driving the growth
of the quantum dot market include the increasing integration of
quantum dots in solar cells and surging adoption of quantum dots in
image sensors.
Download PDF
Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=694
Browse in-depth TOC on "Quantum Dot Market"
120 – Tables
65 – Figures
215 – Pages
Quantum Dot Market Report Scope:
Report
Coverage
|
Details
|
Market Revenue in
2024
|
$ 10.6 billion
|
Estimated Value by
2029
|
$ 23.9 billion
|
Growth Rate
|
Poised to grow at a
CAGR of 17.7%
|
Market Size Available
for
|
2020–2029
|
Forecast
Period
|
2024–2029
|
Forecast
Units
|
Value (USD
Million/Billion)
|
Report
Coverage
|
Revenue Forecast,
Competitive Landscape, Growth Factors, and Trends
|
Segments
Covered
|
By Material, Product,
Display, Vertical and Region
|
Geographies
Covered
|
North America, Europe,
Asia Pacific, and Rest of World
|
Key Market
Challenge
|
Existence of
environmental regulations for quantum dots
|
Key Market
Opportunities
|
Growing adoption of
quantum dots in healthcare sector
|
Key Market
Drivers
|
Accelerating demand for
quantum dot based displays
|
Cadmium-free quantum dots is expected to have the largest
market size in the quantum dot market during the forecast
period.
Due to the emergence of viable alternatives, manufacturers are
transitioning extensively from cadmium-based quantum dots to
cadmium-free quantum dots. Cadmium-free quantum dots provide a
safer and more sustainable option for both manufacturers and
consumers, offering the color benefits that are associated with the
technology without the toxicity risks or potential regulatory
constraints. These cadmium-free quantum dots are used in displays,
lighting/LED products, solar cells, and medical devices which
thereby drives the market growth of the cadmium-free quantum
dots.
Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=694
Asia Pacific is anticipated
to register the highest CAGR in the quantum dot market during the
forecast period.
Asia Pacific is expected to
project the highest CAGR during the forecast period which is
attributed to presence of several established display manufacturers
such as SAMSUNG DISPLAY (South
Korea), and TCL China Star Optoelectronics Technology
Co.,Ltd. (China), along with the
surging demand for quantum dots by display manufacturers.
Currently, several products are in the pre-commercialization phase,
with plans for deployment in batteries, energy storage systems,
solar cells, and solid-state lighting solutions in the coming
years. As a result, Asia Pacific
is expected to lead the quantum dot industry in the near future.
Furthermore, accelerating developments and advancements in the
quantum dot market is expected to further drive the market growth
in the region.
Key Players
The report profiles key players in quantum dot companies such as
AUO Corporation (Taiwan), BOE
Technology Group Co., Ltd. (China), SAMSUNG DISPLAY (South Korea), LG DISPLAY CO., LTD.
(South Korea), TCL China Star
Optoelectronics Technology Co., Ltd. (China), SHOEI CHEMICAL, INC. (Japan), American Elements. (US),
HANSOLCHEMICAL (South Korea),
Nanoco Group plc (UK), Avantama AG (Switzerland), NNCrystal US Corporation (US),
Ocean Nanotech (US), Quantum Materials Corp (US), Quantum
Solutions. (UK), and Merck KGaA (Germany).
Get 10% Free Customization on this Report:
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=694
Browse Adjacent Market: Semiconductor and Electronics
Market Research Reports &Consulting
Related Reports:
Display Market Size, Share & Industry Trends Analysis
Report by Display Technology (LCD, OLED, Micro-LED, Direct-view
LED), Panel Size (Microdisplays, Small & Medium-sized Panels,
Large Panels), Product Type (Smartphones, Television Sets,
Wearables), Vertical, and Region- Global Forecast to 2028
Digital Signage Market Size, Share & Industry Growth
Analysis Report by Product (Video Walls, Kiosks, Billboards,
System-on-chip), Displays (LCD, OLED, Micro-LED), Resolution
(4K, 8K, FHD, HD), Software (Edge Server, Content
Management), Display Size, Application and Region - Global Forecast
to 2028
Flexible Display Market by Application (Smartphone,
Smartwatch, Wearable, TV, Digital Signage, PC Monitor, E-reader,
Electronic Shelf Label, and Automotive), Technology (OLED, Quantum
Dots, LED, E-Paper), Panel Size, and Geography - Global Forecast to
2022
Display Driver Market by Driver Type (DDIC, TDDI), Package
Type (COF, COG), Device (Smartphone, Television, Automotive, Smart
Wearables, HMD, Monitor), Display Technology (LCD, OLED), Display
Size, and Geography - Global Forecast to 2023
Smart Display Market Size, Share, Statistics and Industry
Growth Analysis Report by Smart Home Display (Voice-controlled,
Smart Appliance), Smart Display Mirror, Smart Signage (Retail &
Hospitality Facilities, Sports & Entertainment Venues),
Geography (2022-2027)
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's
best management consulting firms by Forbes, as per their recent
report.
MarketsandMarkets™ is a blue ocean alternative in growth
consulting and program management, leveraging a man-machine
offering to drive supernormal growth for progressive organizations
in the B2B space. We have the widest lens on emerging technologies,
making us proficient in co-creating supernormal growth for
clients.
Earlier this year, we made a formal transformation into one of
America's best management consulting firms as per a survey
conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are
substituting existing revenue streams in this decade alone. We work
with clients on growth programs, helping them monetize this
$25 trillion opportunity through our
service lines - TAM Expansion, Go-to-Market (GTM) Strategy to
Execution, Market Share Gain, Account Enablement, and Thought
Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several
Forbes Global 2000 B2B companies - helping them stay relevant in a
disruptive ecosystem. Our insights and strategies are molded by our
industry experts, cutting-edge AI-powered Market Intelligence
Cloud, and years of research. The KnowledgeStore™ (our Market
Intelligence Cloud) integrates our research, facilitates an
analysis of interconnections through a set of applications, helping
clients look at the entire ecosystem and understand the revenue
shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us
on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight:
https://www.marketsandmarkets.com/ResearchInsight/quantum-dots-qd-market.asp
Content Source:
https://www.marketsandmarkets.com/PressReleases/quantum-dots.asp
Logo:
https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/quantum-dot-market-worth-23-9-billion-by-2029---exclusive-report-by-marketsandmarkets-302142164.html