Quantum Science welcomes QD market report
British start-up excited about high growth in the quantum dot market
Quantum Science Ltd, a British materials innovation company that focuses on developing and commercialising quantum dots, has reacted with delight following the release of new research that predicts phenomenal growth in the QD market
The report, published by Research Reports World, highlighted the QD market as one of the most exciting areas of growth in the sensing and imaging field, with a CAGR of 14.35 percent between now and 2030. This level of growth would see what was once a niche ‘deep tech’ market segment blossom into a near-billion-dollar industry by the end of the decade.
Hao Pang, CEO and founder of Quantum Science, said: “This report shows we are on the brink of an exciting new dawn, not just in the QD field, but in sensing and imaging, automation, IoT devices, consumer technology, and in all markets where QDs can drive game-changing innovations.
“We are delighted to be working at the leading edge of this exciting industry with our high-performance INFIQ QDs. Our technology has demonstrated industry-leading performance thanks to our QD inks which enable a unique single-layer deposition process. INFIQ is the most cost-effective and scalable technology that will drive the QD segment to new heights.”
Quantum Science’s patented INFIQ technology and process are at the core of its pioneering work in developing lead-free QDs. It recently revealed lead-free QDs that responded to 1,550nm waveband light – a first for the QD sector, and a significant step towards QD adoption in consumer devices.
“Many high-performance QDs are made with lead, which – while highly photosensitive - is a highly restricted material as it poses serious health risks,” added Pang. “Lead-free QDs bypass this problem entirely, meaning they are best-placed to drive our industry into its billion-dollar future – and beyond!”
