Quantum Dots Market
will grow at highest pace owing to increased adoption in display technology
The Quantum Dots Market comprises of different sizes of semiconducting
nanocrystals that undergo quantum confinement effects. These quantum dots are
known for their tunable light emission and stability which makes them suitable
for various applications including displays, lighting, photovoltaics, and
biomedical imaging.
Key advantages of quantum dots include high color purity, narrow
emission spectrum, broad absorption spectrum and tunable light emission via
size. With the advancements in display technology, quantum dots are
increasingly being used in Television displays owing to their ability to
produce vivid colors and wider color gamut compared to traditional LCD
displays.
The Quantum Dots Market is estimated to
be valued at USD 6.05 billion in 2024 and is expected to reach USD 19.98
billion by 2031, growing at a compound annual growth rate (CAGR) of 18.60% from
2024 to 2031.
Key Takeaways
Key players operating in the quantum dots are Altairnano, Apple Inc., Dow,
Intelligent Materials Private Limited, LG Display Co., Life Technologies,
MicroVision, Nanoco Group plc, Nanosys Inc., NNCrystal, Ocean NanoTech LLC,
OSRAM GmbH, QD Laser, Quantum Materials Corp., Samsung Display Co. Ltd.,
Sigma-Aldrich Co., Sony Corporation, Techinstro, and Thermo Fisher Scientific
Inc.
The quantum dots displays are gaining traction
leading to rising demand for quantum dots from display manufacturers.
Technological advancements like introduction of quantum dot enhancing films and
quantum dot TVs are further Quantum
Dots Market Growth.
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