Quantum Dots Market 2020 Share Bryan Little Jets Jersey , Current Trends, Opportunities, Growth Size & Forecasts 2023 by mandar1006 · February 11, 2020
Market Overview
According to Market Research Future, the Global Quantum Dots Market has been segmented on the basis of Product, Material, Vertical, and Region.
Quantum Dots technology is witnessing high adoption across various industries such as consumer electronics, medical, defense Jacob Trouba Jets Jersey , and automotive. Growing adoption of quantum dots in optoelectronics devices, increasing demand for quantum dots in display devices, adoption of quantum dots in solar cells, and growing demand for energy efficient devices are the key factors driving the quantum dots market. However, the high cost and use of toxic and heavy metals in quantum dots limit the market growth.
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Based on product, the market has been categorized as displays, solar cells, photodetectors, lasers, LED Dmitry Kulikov Jets Jersey , transistors, and others. The quantum dots display segment dominated the market in 2018. Quantum dots display are widely used in smartphones, personal digital assistant (PDA) devices, tablets, and flat panel television screens owing to the benefits these offer such as higher efficiency and enhanced color quality.
Based on material, the market has been categorized as cadmium selenide, cadmium sulfide, cadmium telluride, zinc sulfide, indium Patrik Laine Jets Jersey , silicon, and others. The cadmium selenide segment is expected to dominate the market during the review period. Cadmium-based quantum dot display yield high performance and efficiency owing to the chemical used in making the product. However, the toxicity of cadmium and related environmental regulations such as the restriction of hazardous substances directive and the toxic substances control act limit its adoption in consumer electronic devices. However, cadmium-free quantum dots are expected to register a significant CAGR during the forecast period.
Key Players
The Prominent Players in the Global Quantum Dots Industry Nanosys, Inc. (US), Nanoco Group plc (UK), QD Laser, Inc. (Japan), NN-Labs, LLC (US), Ocean NanoTech (US) Mathieu Perreault Youth Jersey , QD Vision (US), Quantum Material Corp. (US), Altair Nanotechnologies Inc. (US), OSRAM Licht AG (Germany), Crystalplex Corp. (US), UbiQD, Inc. (Mexico), LG Display Co., Ltd (South Korea), Navillum Nanotechnologies (US) Kyle Connor Youth Jersey , Pacific Light Technologies (US), and Nano Elements Source, LLC (US).
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Regional Analysis
The Global Quantum Dots Market has been segmented by region, into North America, Europe, Asia-Pacific, and the rest of the world.
North America, followed by Europe, is expected to be the largest market in the forecast period owing to the high concentration of market players and the easy availability of proficient technical expertise. Also, the rise in government regulation to limit the use of hazardous substances such as Cadmium drive the R&D spending by the players for the development of cadmium-free products. However Mark Scheifele Youth Jersey , the market in Asia-Pacific is expected to register a significant CAGR during the forecast period owing to the growing demand for miniaturized electronic and optoelectronic devices.
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by bellclark · February 26, 2020
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