Global Quantum Dots (QD) Market Estimated To Record Double Digit Growth Over 2024-2032

According to Zion Market Research, the global global Quantum Dots (QD) Market was worth USD 9.86 Billion in 2023. The market is forecast to reach USD 52.61 Billion by 2032, growing at a compound annual growth rate (CAGR) of 18.2% during the forecast period 2024-2032. The cadmium-based quantum dots are in demand, which has the advantage of large UV excitation, intense photoluminescence, narrow emission, and higher photostability. Therefore, cadmium-based quantum dots are used in electroluminescence & photovoltaic devices, bio-imaging, catalytic hydrogen production, and sensors, etc.

Some of the key players in the market are Nanoco Group plc, Nanosys, Inc., NN-Labs, LLC, QD Laser, Inc., QD Vision, Ocean NanoTech., Altair Nanotechnologies Inc., Quantum Material Corp., OSRAM Licht AG, InVisage, Nano Elements Source, LLC, Crystalplex Corp., UbiQD, NanoPhotonica Inc., Navillum Nanotechnologies, LG Display, Pacific Light Technologies, The Dow Chemical Company, Fraunhofer-Gesellschaft, Quantum Solutions, American Elements, Avantama, and Strem Chemicals Inc.

Increasing Demand For Optimized Devices For Various Applications To Boost The Global Quantum Dots (QD) Market

The rising demand for optimized devices having better resolution quality and performance is a key driving aspect to adopt this technology in different application areas. The brightness of quantum dots is almost 10–20 times greater compared to organic dyes. As the material of semiconductor shrink to the quantum-dot level, it aids in changing the light wavelength material and conceal the material from insulator to conductor. Therefore, the demand for the quantum dots market has surged in the last 5–6 years. The quantum dots are semiconductors that can be utilized for various devices rather than searching for a new semiconductor having special chemical composition.

The global quantum dots (QD) market is bifurcated on the basis of type, application, and regional analysis. Based on the type, the market is divided into II-VI-semiconductors, III-V-semiconductors, and Silicon (Si). Based on the application, the market is divided into medicine, optoelectronics & optical components, alternative energy, agriculture, and other applications.

Asia-Pacific Region Projected To Witness A Major Share In The Global Quantum Dots (QD) Market

Based on the geographical analysis, the global quantum dots (QD) market is divided into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. The quantum dots market in Asia-Pacific region is anticipated to witness the highest development rate in the forecasted period. The augmentation of the market across the Asia-Pacific region can be accredited to the inclination of customers toward the implementation of technologically developed products, and the association of various organizations and universities in the research & development of the quantum dots technology, exclusively in the display market. The rising demand from solar energy & optoelectronics applications is also the major growth aspect for the market across this region. The unique optical characteristics, like high quantum yield, narrow emission band, emission tenability, and optical stability, are making quantum dots the ideal material for the lighting solutions.

Browse the full “Quantum Dots (QD) Market - By Type (II-VI-Semiconductors, III-V-Semiconductors, and Silicon), By Application (Medicine, Optoelectronics & Optical Components, Alternative Energy, Agriculture, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/quantum-dots-market

The global quantum dots (QD) market is segmented as follows:

By type:

• II-VI-semiconductors
• III-V-semiconductors
• Silicon (Si)

By application:

• Medicine
• Agriculture
• Optoelectronics & Optical Components
• Alternative Energy
• Other Applications

By region:

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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