Quantum Dots : Worldwide Market Outlook to 2023 - A $8.47 Billion Opportunity

The quantum dots market was valued at USD 1.96 Billion in 2017 and is expected to reach USD 8.47 Billion by 2023, at a CAGR of 26.97% during the forecast period. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023.

Study Objectives

• To define, describe, and forecast the quantum dots market, in terms of value, segmented on the basis of product, material, vertical, and geography
• To define, describe, and forecast the market size, in terms of value, of various segments with regard to 4 main regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
• To define, describe, and forecast the overall market for quantum dot displays in terms of volume
• To describe quantum dot processing techniques
• To provide detailed information regarding the market dynamics influencing the growth of the market (drivers, restraints, opportunities, and challenges)
• To study the complete value chain and allied industry segments and perform a value chain analysis of the quantum dots landscape
• To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
• To strategically profile the key players and comprehensively analyze their market ranking and core competencies, along with detailing the competitive landscape for market leaders
• To analyze strategic developments such as partnerships, agreements, expansions product launches, and research and development (R&D) in the quantum dots market

Quantum dots market for QD displays to grow at highest CAGR during forecast period

The market for QD displays is expected to grow at the highest CAGR between 2018 and 2023. QDs can be incorporated into a new-generation applications such as flat-panel TV screens, digital cameras, smartphones, gaming consoles, and personal digital assistant (PDA) devices. The increasing demand for displays with higher efficiency and enhanced color quality has exhibited the growth of QD displays.

Consumer vertical to hold largest size of quantum dots market during forecast period

Of all the verticals, the consumer vertical is expected to hold the largest market size during the forecast period. The increasing demand for superior display technologies and energy-efficient solutions is likely to drive the quantum dot display market growth. In addition, the unique characteristics of quantum dots such as high brightness, pure color, and wavelength tenability enable display designers to customize a spectrum of light to maximize both the efficiency and color performance of any display for incredible new user experience.

APAC to hold largest market share and witness highest growth

APAC is expected to hold the largest share of the quantum dots market between 2018 and 2023. Chinese, Japanese, and South Korean panel makers are investing more in producing more energy-efficient displays, which, in turn, also drives the quantum dots market in Asia Pacific. In addition, the use quantum dots in developing innovative products at affordable prices would create growth opportunities for the players in the quantum dots market in this region.

Nanosys (US), Nanoco (UK), QD Laser (Japan), NN-Labs (US), and Ocean NanoTech (US) are the major companies in the quantum dots market. Other companies in this market are QD Vision (US), Quantum Material (US), Altair Nanotechnologies (US), and InVisage (US), among others.

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