Home / Semiconductor & Electronics / Quantum Dots (QD) Market By Product (QD Medical Devices, QD Displays, QD Lighting, QD Lasers, QD Solar Cells), By Application (Healthcare, Consumer, Industrial, Defense & Surveillance, Energy) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Quantum Dots (QD) Market By Product (QD Medical Devices, QD Displays, QD Lighting, QD Lasers, QD Solar Cells), By Application (Healthcare, Consumer, Industrial, Defense & Surveillance, Energy) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Published: Apr 2016 | Report Code: 57762-04-16

The quantum dots technology is poised to witness growing adoption, especially in the consumer segment (display and lighting). The anticipated growth can be majorly attributed to escalating demand for energy efficient lighting solutions and display panels. In addition, miniaturization property of quantum dots has enabled them to find applications in different domains including healthcare, consumer, industrial, defense and surveillance, and energy among others. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 51.3% during the forecast period 2015 – 2022. However, OEMs across the globe have made investments in the competing technologies such as LEDs and OLEDs, and are somewhat reluctant to further invest in another technology before earning profits. The quantum dots market is expected to cross US$ 8.0 Bn by 2022, expanding at a CAGR of 51.3% during the forecast period 2015 to 2022.


Quantum Dots Market

Purpose of the Report

The purpose of this strategic research study titled “Global Quantum Dots (QD) Market- Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global semiconductor industry.

Target Audience

  • Industry Investors
  • Raw Material Suppliers
  • Quantum Dots Manufacturers
  • QD-based Product Manufacturers
  • End-users
  • USP and Key Offerings

The report titled “Global Quantum Dots (QD) Market- Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global quantum dots market along with the market size and estimates for the duration 2013 to 2022. The said research study covers in-depth analysis of multiple market segments based on product type, applications, and cross-sectional study across different geographies. The research study helps in better analyzing the quantum dots market by highlighting competitive insights across different participants involved in the value chain. In order to help strategic decision makers, the report also includes competitive profiling of the leading quantum dots manufacturers, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and key developments.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the quantum dots (QD) market
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Value Chain Analysis
  • Two Year Trailing Data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global quantum dots market, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology

2. Executive Summary
2.1. Quantum Dots Market Industry Snapshot

3. Global Quantum Dots Market Analysis
3.1. Quantum Dots Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Restraints
3.3.3. Opportunity Matrix
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key Industry Participants

4. Global Quantum Dots Market By Product, 2013 – 2022 (US$ Bn)
4.1. Tornado Analysis
4.2. QD Medical Devices
4.3. QD Displays
4.4. QD Lighting
4.5. QD Lasers
4.6. QD Solar Cells
4.7. Others (QD Chips, QD Sensors, etc.)

5. Global Quantum Dots Market By Application, 2013 – 2022 (US$ Bn)
5.1. Tornado Analysis
5.2. Healthcare
5.3. Consumer
5.4. Industrial
5.5. Defense & Surveillance
5.6. Energy

6. North America Quantum Dots Market, 2013 – 2022 (US$ Bn)
6.1. Overview
6.2. North America Quantum Dots Market By Product, 2013 – 2022 (US$ Bn)
6.2.1. Tornado Analysis
6.2.2. QD Medical Devices
6.2.3. QD Displays
6.2.4. QD Lasers
6.2.5. QD Solar Cells
6.2.6. QD Lighting
6.2.7. Others (QD Chips, QD Sensors )
6.3. North America Quantum Dots Market By Applications, 2013 – 2022 (US$ Bn)
6.3.1. Tornado Analysis
6.3.2. Healthcare
6.3.3. Consumer
6.3.4. Industrial
6.3.5. Defense & Surveillance
6.3.6. Energy
6.4. North America Quantum Dots Market, By Country 2013 – 2022 (US$ Bn)
6.4.1. U.S.
6.4.2. Rest of North America

7. Europe Quantum Dots Market, 2013 – 2022 (US$ Bn)
7.1. Overview
7.2. Europe Quantum Dots Market By Product, 2013 – 2022 (US$ Bn)
7.2.1. Tornado Analysis
7.2.2. QD Medical Devices
7.2.3. QD Displays
7.2.4. QD Lasers
7.2.5. QD Solar Cells
7.2.6. QD Lighting
7.2.7. Others (QD Chips, QD Sensors )
7.3. Europe Quantum Dots Market By Applications, 2013 – 2022 (US$ Bn)
7.3.1. Tornado Analysis
7.3.2. Healthcare
7.3.3. Consumer
7.3.4. Industrial
7.3.5. Defense & Surveillance
7.3.6. Energy
7.4. Europe Quantum Dots Market, By Region 2013 – 2022 (US$ Bn)
7.4.1. EU7
7.4.2. CIS
7.4.3. Rest of Europe

8. Asia Pacific Quantum Dots Market, 2013 – 2022 (US$ Bn)
8.1. Overview
8.2. Asia Pacific Quantum Dots Market By Product, 2013 – 2022 (US$ Bn)
8.2.1. Tornado Analysis
8.2.2. QD Medical Devices
8.2.3. QD Displays
8.2.4. QD Lasers
8.2.5. QD Solar Cells
8.2.6. QD Lighting
8.2.7. Others (QD Chips, QD Sensors )
8.3. Asia Pacific Quantum Dots Market By Applications, 2013 – 2022 (US$ Bn)
8.3.1. Tornado Analysis
8.3.2. Healthcare
8.3.3. Consumer
8.3.4. Industrial
8.3.5. Defense & Surveillance
8.3.6. Energy
8.4. Asia Pacific Quantum Dots Market, By Country 2013 – 2022 (US$ Bn)
8.4.1. China
8.4.2. Japan
8.4.3. India Subcontinent
8.4.4. Rest of Asia Pacific

9. Rest of World Quantum Dots Market, 2013 – 2022 (US$ Bn)
9.1. Overview
9.2. Rest of World Quantum Dots Market By Product, 2013 – 2022 (US$ Bn)
9.2.1. Tornado Analysis
9.2.2. QD Medical Devices
9.2.3. QD Displays
9.2.4. QD Lasers
9.2.5. QD Solar Cells
9.2.6. QD Lighting
9.2.7. Others (QD Chips, QD Sensors )
9.3. Rest of World Quantum Dots Market By Applications, 2013 – 2022 (US$ Bn)
9.3.1. Tornado Analysis
9.3.2. Healthcare
9.3.3. Consumer
9.3.4. Industrial
9.3.5. Defense & Surveillance
9.3.6. Energy
9.4. Rest of World Quantum Dots Market, By Region 2013 – 2022 (US$ Bn)
9.4.1. Latin America
9.4.2. Middle East and Africa

10. Profiles
10.1. Life Technologies Corporation
10.2. QD Vision, Inc.
10.3. Nanosys, Inc.
10.4. Nanoco Technologies Ltd.
10.5. QD Laser, Inc.
10.6. Ocean NanoTech LLC
10.7. Evident Technologies, Inc.
10.8. NanoAxis LLC
10.9. LG Display Co. Ltd.
10.10. Samsung Electronics Co. Ltd.
10.11. Quantum Materials Corporation
10.12. InVisage Technologies, Inc.

Based on products that employ quantum dots (QD) technology, the global quantum dots (QD) market is segmented into following categories

  • QD Medical Devices
  • QD Display
  • QD Lighting
  • QD Lasers
  • QD Solar Cells
  • Others (QD Sensors, etc)

The following figure represents the contribution of different products to the global quantum dots (QD) market in 2014 and 2022.

Quantum Dots Market 

Increased penetration of the quantum dots technology in healthcare and life science sector has ensured the second highest revenue share for the QD medical device segment. In the base year of 2014, QD medical devices accounted for over one-tenth of the global market revenue. The QD medical device segment is anticipated to witness regulated demand over the forecast period, with the nanoparticles presenting healthy growth opportunities in multiple healthcare fields including drug delivery, cell tracking, and bio medical imaging. Over the forecast period 2015 – 2012, QD displays and QD lasers are poised to witness robust growth. The growth in the QD laser segment can be attributed to the advancements in the optical communication technologies. On the other hand, the adoption of QD-based displays is anticipated to witness an upsurge in the downstream markets including TVs, personal computers, smartphones, and tablet PCs among others. This is majorly on account of the superior benefits offered in terms of energy efficiency and color performance as compared to the conventional liquid crystalline display (LCD) panels.

On the basis of end-use application, the quantum dots (QD) market is categorized into following segments:

  • Healthcare (Flow Cytometry, Drug Delivery, In-vivo Imaging, In-vitro Imaging, and Photodynamic Therapy among others)
  • Consumer (QD Displays, QD Lighting, etc.)
  • Industrial (Semiconductors, Optoelectronics, etc.)
  • Energy
  • Defense and Surveillance

The following figure represents contribution of different end-use application segments to the global quantum dots (QD) market in 2014 and 2022.

Quantum Dots Market 

The healthcare application segment including the use of quantum dots technology for drug delivery, in-vivo imaging, in-vitro imaging, photodynamic therapy, and flow cytometry was the second largest contributor to the global quantum dots market in 2014. The introduction of cadmium less quantum dots has solved concerns related with the biocompatibility of quantum dots, thus creating the regulated demand from healthcare segment. It is expected that the trend shall continue throughout the forecast period 2015 – 2022. The consumer (covering QD displays, QD lighting, etc.) and industrial segments (covering optoelectronics and semiconductor) are expected to exhibit robust growth over the forecast period 2015 – 2022. The anticipated growth in the consumer segment can be attributed to the growing penetration of quantum dots technology in the display segment. The ongoing research and investments in the development of quantum dots technology is expected to trigger commercial launches of QD displays in the coming years.

On the basis of geography, the global quantum dots (QD) market is segmented into following regions and countries.

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Indian Subcontinent
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

The following figure represents contribution of different regions to the global quantum dots (QD) market in 2014.

Quantum Dots Market
 

As of 2014, the global quantum dots (QD) market was dominated by North America (comprising U.S., and Rest of North America), accounting for over one third of the market revenue. The dominance can be attributed to the heavy research carried out in the field of nanotechnology. The U.S. represents the largest individual quantum dots (QD) market worldwide. The region is characterized by the presence of the large base of quantum dots manufacturers and is the front runner in quantum dots related research. Over the forecast period 2015 – 2022, North America is expected to remain the largest quantum dots (QD) market. However, Asia Pacific is expected to witness maximum growth, outpacing North America and Europe to grow at a CAGR of 53.5% during the forecast period 2015 - 2022.The anticipated growth in the region is expected to be driven by the perpetually increasing demand from healthcare and consumer market over the forecast period 2015 – 2022.

Quantum dots are semiconducting nanocrystals. Unlike other mass semiconductors (which are macroscopic), quantum dots are extremely minute, on the order of a few nanometers.  They are nearly zero-dimensional. Although the term “quantum dots” was coined in 1988 by Mark Reed, the quantum dots were first discovered by Alexey Ekimov in a glass matrix (1981) and by Louis E. Brus in colloidal solutions (1985). The concept of using quantum dots as a light source gained momentum in the 1990s. Early applications of quantum dots were in the field of imaging, making use of the QD-based LEDs, infrared photodetectors, and single-color light emitting devices. Since then (Early 2000s), scientists across the globe have realized the potential of using the quantum dots technology in displays and light sources. The evolution of the quantum dots technology begun with the advancements in nanotechnology. The following figure represents the roadmap of the quantum dots technology since its introduction.

 

Quantum Dots Market

Although quantum dots have been in use since 1980s, the development and penetration of the technology has remained fairly sluggish. The technology failed to gather momentum owing to complex synthesis process, which requires to be carried out under an inert atmosphere of argon and at high temperature. This complex process does not allow manufacturing process to be easily scaled-up. In addition, before the introduction of cadmium free quantum dots recently, most of the quantum dots available were cadmium based. Cadmium being a toxic element is banned for use in consumer products in Japan, European Union countries, and other countries across the globe. This further limited the penetration of the quantum dots technology.

Substitute Technologies and Competition:

Organic Light Emitting Diode (OLED) is currently the major competing technology for quantum dots. The leading original equipment manufacturers such as Samsung Electronics, Co., Ltd. have invested big amounts in the budding OLED technology. Samsung and other OEMs those who have invested in the OLED and other competing technologies are unwilling to invest in a new technology before earning returns from the already invested technology. Although the quantum dots technology is poised to penetrate the backlighting television segment by 2016, large display products using the quantum dot technology (QLED) will need at least two to three years to commercialize completely. As such, the quantum dots technology is expected to face stiff competition from the OLED technology, especially in the display and lighting segment.

Future Opportunity:

Renewable energy is one of the promising fields offering healthy growth opportunity for the quantum dots market. In case of solar energy, solar cells using quantum dots have the ability to absorb a large continuum of the available sunlight, making quantum dots an ideal technology for the advanced next generation solar cells. Few manufacturers have also developed solar inks using quantum dots, and are working on developing quantum dot based paint, which when applied to floor, walls , or panels will absorb the available sunlight and generate solar energy.

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