
Quantum Dots Market
Description
Quantum Dots Market
Growth Factors of Quantum Dots Market
The quantum dots market size was valued at USD 5.97 billion in 2023, and the market is now projected to grow from USD 6.94 billion in 2024 to USD 25.05 billion by 2032, exhibiting a CAGR of 17.4% during the forecast period of 2024-2032.
The COVID-19 impact on the market, the initial phase did slow down the quantum dots market growth due to the disparities in the supply chain and a halt in projects. However, the market did pace up instantly owing to a remarkable response from the sector of healthcare. The sector highlighted the upsurge in the need to use quantum dots to apply to display and medical imaging. The same momentum was then maintained for all other end-use sectors as well at this stage of the cycle.
Technology, acquisitions, investments in research and development, and availability of funds increase the commercial products and innovations which in turn fuels the development of the market. Well-established companies are also raising many millions of dollars, both from new and existing investors, to add depth to product specialization and expand internationally. In addition, the use of quantum dots in display applications in other sectors also expands the demand for quantum dots and thus expands the quantum dots market share.
Moreover, the growing demand for cadmium-free quantum dots which is attributed to the rising environmental consciousness, along with regulatory policies, is another factor that is fuelling the market growth. Alternative materials such as indium phosphide and copper indium sulfide are also currently under consideration, although there is controversy regarding the effects on the environment. In the course of this industrialization, companies are aiming at producing pure quantum dots that are free from cadmium, which significantly increases the demand for the market.
Comprehensive Analysis of Quantum Dots Market
The global market for quantum dots and the information & communication technology industry is growing exponentially because of market segmentation. This market expansion gives a broad analysis of the regions about the factors that influence the hardware & software IT service market. These segmentations are systematically divided by materials, by product type and by end users. The materials include, Cadmium-based and Cadmium-free. The product types include, Display and Others. However, the end users include, Consumer, Healthcare, Defense, Media and Entertainment, and Others.
Asia Pacific emerged as the largest market in 2023 and is expected to remain so in the forecast period also. The regional dominance is because of the presence of several key market players in emerging economies such as China, Japan and India and market leadership in the semiconductor market. Further, a few companies are working to make new materials for display panels which will minimize the dependence on other countries.
The leading market players have a significant impact on the information & communication technology industry to guarantee industrial prospectus development and establish market guidelines. These players include, Shoei Chemical, Inc. (Japan), Samsung Electronics Co Ltd. (South Korea), Nanoco Group plc (U.K.), Quantum Materials Corp. (U.S.), UbiQD, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Ocean Nanotech, LLC. (U.S.), QustomDot BV (Belgium) and NNCrystal US Corporation (U.S.). These market players offer a level-playing field competitive environment.
In February 2024, Diraq, a start-up that provides services for the quantum computing market, completed more than USD 15 million in the Series A-2 round. With this, the company intends to strengthen its ongoing work for fault-tolerant quantum computing silicon quantum dots.
Segmentation Table
Global Quantum Dots Market Scope
Study Period 2019-2032
Base Year 2023
Forecast Period 2024-2032
Growth Rate CAGR of 17.4% from 2024 to 2032
Historical Period 2019-2022
Unit Value (USD Billion)
Segmentation By Material, Product Type, End-user, and Region
By Material - Cadmium-based
- Cadmium-free
By Product Type - Display
- Others (Lasers, solar cells, and others)
By End-user - Consumer
- Healthcare
- Defense
- Media and Entertainment
- Others (Agriculture, Energy and Utilities, and others)
By Region - North America (By Material, Product Type, End-User, and Country)
- U.S.
- Canada
- Mexico
- Brazil
- Argentina
- Rest of South America
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Benelux
- Nordics
- Rest of Europe
- Turkey
- Israel
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
- China
- Japan
- India
- South Korea
- ASEAN
- Oceania
- Rest of Asia Pacific
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Table of Contents
140 Pages
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of Generative AI
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Quantum Dots Key Players Market Share/Ranking, 2023
- 5. Global Quantum Dots Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Material (USD)
- 5.2.1. Cadmium-based
- 5.2.2. Cadmium-free
- 5.3. By Product Type (USD)
- 5.3.1. Display
- 5.3.2. Others (Lasers, solar cells, and others)
- 5.4. By End User (USD)
- 5.4.1. Consumer
- 5.4.2. Healthcare
- 5.4.3. Defense
- 5.4.4. Media and Entertainment
- 5.4.5. Others (Agriculture, Energy and Utilities and others)
- 5.5. By Region (USD)
- 5.5.1. North America
- 5.5.2. South America
- 5.5.3. Europe
- 5.5.4. Middle East & Africa
- 5.5.5. Asia Pacific
- 6. North America Quantum Dots Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Material (USD)
- 6.2.1. Cadmium-based
- 6.2.2. Cadmium-free
- 6.3. By Product Type (USD)
- 6.3.1. Display
- 6.3.2. Others (Lasers, solar cells, and others)
- 6.4. By End User (USD)
- 6.4.1. Consumer
- 6.4.2. Healthcare
- 6.4.3. Defense
- 6.4.4. Media and Entertainment
- 6.4.5. Others (Agriculture, Energy and Utilities and others)
- 6.5. By Country (USD)
- 6.5.1. U.S.
- 6.5.2. Canada
- 6.5.3. Mexico
- 7. South America Quantum Dots Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Material (USD)
- 7.2.1. Cadmium-based
- 7.2.2. Cadmium-free
- 7.3. By Product Type (USD)
- 7.3.1. Display
- 7.3.2. Others (Lasers, solar cells, and others)
- 7.4. By End User (USD)
- 7.4.1. Consumer
- 7.4.2. Healthcare
- 7.4.3. Defense
- 7.4.4. Media and Entertainment
- 7.4.5. Others (Agriculture, Energy and Utilities and others)
- 7.5. By Country (USD)
- 7.5.1. Brazil
- 7.5.2. Argentina
- 7.5.3. Rest of South America
- 8. Europe Quantum Dots Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Material (USD)
- 8.2.1. Cadmium-based
- 8.2.2. Cadmium-free
- 8.3. By Product Type (USD)
- 8.3.1. Display
- 8.3.2. Others (Lasers, solar cells, and others)
- 8.4. By End User (USD)
- 8.4.1. Consumer
- 8.4.2. Healthcare
- 8.4.3. Defense
- 8.4.4. Media and Entertainment
- 8.4.5. Others (Agriculture, Energy and Utilities and others)
- 8.5. By Country (USD)
- 8.5.1. U.K.
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Benelux
- 8.5.8. Nordics
- 8.5.9. Rest of Europe
- 9. Middle East & Africa Quantum Dots Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1. Key Findings
- 9.2. By Material (USD)
- 9.2.1. Cadmium-based
- 9.2.2. Cadmium-free
- 9.3. By Product Type (USD)
- 9.3.1. Display
- 9.3.2. Others (Lasers, solar cells, and others)
- 9.4. By End User (USD)
- 9.4.1. Consumer
- 9.4.2. Healthcare
- 9.4.3. Defense
- 9.4.4. Media and Entertainment
- 9.4.5. Others (Agriculture, Energy and Utilities and others)
- 9.5. By Country (USD)
- 9.5.1. Turkey
- 9.5.2. Israel
- 9.5.3. GCC
- 9.5.4. North Africa
- 9.5.5. South Africa
- 9.5.6. Rest of MEA
- 10. Asia Pacific Quantum Dots Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Material (USD)
- 10.2.1. Cadmium-based
- 10.2.2. Cadmium-free
- 10.3. By Product Type (USD)
- 10.3.1. Display
- 10.3.2. Others (Lasers, solar cells, and others)
- 10.4. By End User (USD)
- 10.4.1. Consumer
- 10.4.2. Healthcare
- 10.4.3. Defense
- 10.4.4. Media and Entertainment
- 10.4.5. Others (Agriculture, Energy and Utilities and others)
- 10.5. By Country (USD)
- 10.5.1. China
- 10.5.2. Japan
- 10.5.3. India
- 10.5.4. South Korea
- 10.5.5. ASEAN
- 10.5.6. Oceania
- 10.5.7. Rest of Asia Pacific
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Shoei Chemical, Inc.
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. Samsung Electronics Co Ltd.
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. Nanoco Group plc
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Quantum Materials Corp.
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. UbiQD, Inc.
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. QDI Systems
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Thermo Fisher Scientific Inc.
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. Ocean Nanotech, LLC.
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. QustomDot BV
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. NNCrystal US Corporation
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
- 12. Key Takeaways
Pricing
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