Quantum Dots Components Market to be worth over $11 billion by 2025 according to Future Markets report
Market for QD LCD TVs to grow
United Kingdom (PRUnderground) November 8th, 2016
According to a new market research report published by Future Markets, Inc., titled “The Global Market for Quantum Dots to 2025”, the global quantum dots (QD) market will be potentially valued at more than $11 billion at the components level by 2025. The optoelectronics market represents the vast majority of this figure, chiefly LCD TVs. Other notable growth markets include solid-state lighting, sensors and anti-counterfeiting. Further markets that quantum dots will impact include solar and biomedicine. QD solutions have been used in a number of in vivo and in vitro imaging, sensing and labelling techniques.
A number of quantum dot producers have developed scalable solution production processes and partner with multi-national OEMs to use QDs in displays for tablets and LCD-TVs. They have collaborated with companies such as Sony, Samsung, 3M, Amazon, Hisense and ASUS to bring QD-enabled display devices to market in the past 18 months. Samsung Electronics has witnessed significant market return from QD-TVs and recently announced investment in developing beyond OLED Quantum Dot LED (QLED) TVs and new initiatives in semiconductors and bio products, under a dedicated R&D unit. LG Display, the main producer of OLED TVs, is expanding its cooperation with QD material manufacturers Nanoco, Nanosys and QD Vision in a project to research new applications of QDs and QLED TVs.
The market up to 2013 mainly catered to specialized applications, with a small number of companies selling QDs directly to researchers, using the particles to develop their own products or licensing their technologies to partners. Product launches in 2013 changed the commercial picture.
Market drivers for adoption of QDs include growth in consumer demand for high definition displays and TVs at reasonable cost (compared to OLED), growth in the renewable and low-power consumption energy market, need for enhanced sensor and imaging technologies and the growth in the anti-counterfeiting market.
Further information is available at http://www.futuremarketsinc.com/the-global-market-for-quantum-dots-2/
About Future Markets
Future Markets Inc., (FMI) is an advanced technology consultancy with a focus on the development and commercialisation of nanomaterials and nanotechnology. We provide global business intelligence and strategic consulting across a wide-range of technology sectors to industry, governments and investors worldwide. Recent clients include the Spanish and Malaysia Governments. FMI is also the published of Nanotech Magazine (www.nanotechmag.com) and Graphene Magazine (www.2dmaterialsmag.com).
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