The QD market is anticipated to be worth $3,414.54 million by 2020

According to a  research report, the total market for Quantum dots is expected to reach $3,414.54 million in 2020, at a CAGR of 71.13 percent from 2014 to 2020.

The report “Quantum Dots Market by Product (QD Displays, Lasers, Medical Devices, Solar Cells, Chip, Sensor), Application (Healthcare, Optoelectronics, Sustainable Energy), Material (Cadmium Selenide, Sulfide, Telluride), and Geography - Forecast & Analysis (2013 - 2020)")", has been published by MarketsandMarkets and focuses on advanced technology, current trends, & opportunities.

Quantum Dots (QDs) are the most advanced area of 'semiconductor nanoparticles' and a host of massive research activities are currently being undertaken.

QDs are semiconductor nanoparticles, and, as the name suggests, come in sizes ranging from 2 nm to 10 nm. Due to their miniature property; they are highly versatile and flexible. The uniqueness of QD material lies in the fact that its power intensity depends on the input source and size of QD.

There are several ways to confine excitons in semiconductors, resulting in different methods to produce quantum dots. In general, quantum wires, wells, and dots are grown by advanced epitaxial techniques in nanocrystals produced by chemical methods or by ion implantation, or in nanodevices created from state-of-the-art lithographic techniques.

The QD market is expected to grow from $108.41 million that it accounts for, currently, in 2013 to $3,414.54 million in 2020, at a CAGR of 71.13 percent from 2014 to 2020. Optoelectronics applications are expected to be the major market share holder with an expected revenue generation of $2,458.47 million in 2020.


 

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