Global Quantum Dots Market, Analysis and Forecast: 2017-2022; (Focus on Cadmium Selenide, Cadmium Sulfide, QD Display, QD Medical Devices, and Healthcare Applications)
The future global economy is expected to consume more energy, especially with the growing energy demand from the developing countries, such as China and India. Additionally, the risk of climate change associated with the use of fossil fuels, has made supply of energy increasingly difficult. The quantum dots market is expected to grow at a significant rate during the forecast period. The market is estimated to witness growth at a CAGR of 46.4% over the period of 2016 to 2022. This is due to the growing demand of quantum dots from developing countries which is providing ample growth opportunities for quantum dots market. Growing demand of quantum dots in display devices and energy efficiency offered by quantum dots are some of the factors driving the growth of quantum dots market. However, slower adoption of the technology and utilization of heavy metals as raw material are restraining the growth of the global quantum dots market.
North America led the global quantum dots market in 2016 followed by Europe. Asia Pacific quantum dots market is expected to grow with the highest rate during the forecast period and overtake the position of Europe in global quantum dots market. Asia Pacific is still an emerging market for quantum dots technology. However, the presence of big players in the Asia Pacific market such as Samsung Electronics, Sony Corporation, and LG is expected to push the growth of quantum dots market in the Asia Pacific region. Japan and South Korea, being technologically advanced in the field of electronics and semiconductor devices, are going to drive the market in terms of technology and innovation.
Partnerships, joint ventures, collaborations and contracts have emerged as preferred strategies in bringing the quantum dots market players together. The companies with similar goals are collaborating together to form joint venture programmes in order to assist each other in achieving those goals. This helps companies gain access to each other’s technologies, services and thus facilitates them to achieve their objectives faster. Some of the key players involved in this market are Evident Thermoelectrics, Invisage Technologies Inc., Nanoco Group plc, Nanosys Inc., Nn-Labs Llc, Ocean Nanotech Llc, QD Laser Inc., QD Vision Inc., Quantum Material Corporation, and Merck KGaA.
The report is a compilation of different segments of global quantum dots market including a market breakdown by material, device type, and application. The report also discusses in detail about the key participants involved in the industry. It answers the following questions about the global quantum dots market:
What are the prevailing device types, and materials in quantum dots?
What are the different application areas of quantum dots?
What are the different factors driving the market forward in the forecast period?
What are the factors restraining the growth of global quantum dots market?
Who are the major participants in the global quantum dots market?
What kind of new strategies are being adopted by the existing market players to make a stronger mark in the industry?
Which region will lead the global quantum dots market by the end of forecast period?
Evident Thermoelectrics Invisage Technologies Inc. Nanoco Group plc Nanosys Inc. Nn-Labs Llc Ocean Nanotech Llc QD Laser Inc. QD Vision Inc. Quantum Material Corporation and Merck KGaA.