|By Business Wire||
|May 27, 2014 02:19 PM EDT||
Research and Markets (http://www.researchandmarkets.com/research/9jnd8v/global_quantum) has announced the addition of the "Global Quantum Dot (QD) Market - Global Analysis, Growth, Trends, Opportunities, Size, Share and Forecast through 2020" report to their offering.
The global QD market is expected to grow from $316 million in 2013 to $5,040 million in 2020 at a CAGR of 29.9% for the analysis period (2013-2020).
Global QD market by application
The QD market is segmented into various applications such as biological imaging, optoelectronics, quantum optics, security & surveillance, and renewable energy. The biological imaging market is the most mature market in terms of revenue and it is expected to have consistent growth in the market. However, the optoelectronics application is expected to have the highest growth potential for the analysis period 2013 and 2020. The renewable energy application is the next fastest growing application in the QD market.
Global QD market by devices
The quantum dot based devices are the end-users of the technology as these particles are used to develop devices for various applications. The end-user segment consists of QD Medical Devices, QD LCD and LED Display Devices, QD Laser Devices, QD Photovoltaic Devices, QD Chip, QD Sensors, and QD LED Lighting Devices. The QD based medical devices currently have the highest market share as medical scientists have been engaged in developing these devices for more than two decades. However, the display devices are expected to have the highest growth rate in the QD market, as the technology enhances the color quality of display devices and saves energy. Photovoltaic devices are expected to have the second highest growth rate after display devices.
Global QD market by technology
QDs are produced by using various technologies such as colloidal synthesis, fabrication, viral assembly, electrochemical assembly, bulk manufacturing and cadmium free QD technology. Colloidal synthesis is the most popular technology in the market currently, as it has the potential to produce QDs at a large scale. However, it is expected that bulk manufacturing would have the highest revenue share with the highest growth rate due to its ability of large scale QD production with better quality. The cadmium free QD technology is expected to have the second highest growth, as it would be used in consumer applications, since cadmium has restrictions for use in these applications.
Global QD market by material
QDs are produced by processing some materials such as Cadmium Selenide, Cadmium Sulphide, Cadmium Telluride, Indium Arsenide, and Silicon. Cadmium Selenide was the most commonly used material to produce QDs in 2013 followed by Cadmium Sulfide, as these were the first materials that were ever used in the process. However, Indium Arsenide would have the highest growth rate for the analysis period 2013-2020 along with the highest revenue by 2020. The silicon material would have the second highest growth rate as it is observed that the light emission capacity of silicon is in excess of 70% and can be used in electronic devices to increase efficiency.
- Altair Nanotechnologies, Inc.
- LG Display Co. Ltd.
- Nanoco Technologies
- Nexxus Lighting
- QD Vision
- Quantum Material Corporation
- Samsung Electronics Co. Ltd.
- Sony Corporation
For more information visit http://www.researchandmarkets.com/research/9jnd8v/global_quantum.