Quantum Dot Market Worth Over $11bn By 2026
A promising material for many types of devices, says new IDTechEx report
According to a new report by IDTechEx, quantum dots will enable a market for devices and components worth over $11bn by 2026.
Quantum dots were discovered in the 1980s but commercialisation was slow. Interest in quantum dots peaked in the early 2000s when nanotechnology was still a favourite concept amongst investors. However, a lack of products meant that quantum dots were mostly used in research labs.
In the last three years, quantum dots have been back in the spotlight with the promise to make LCD screens more colourful and more energy efficient. Sony was the first to commercialise a quantum dot LCD TV in 2013 and there are now several companies (including Samsung) offering TVs with quantum dots.
As a type of semiconductor, quantum dots exhibit a photoluminescence which is particularly useful for improving colours in LCD. But quantum dots can also be used as electroluminescent materials: quantum dot light emitting diodes (QLED) have been in development for several years and they have a great potential for display applications. Quantum dots are also emerging as a promising material for other type of devices, most notably optical and infrared sensors.
With this is mind, the new report "˜Quantum Dots 2016-2026: Applications, Markets, Manufacturers Device and material forecasts in display, lighting, photovoltaic, sensors and life science' by Guillaume Chansin and Xiaoxi He, forecasts that the demand for quantum dots will grow from less than 100 kg today to several tons over the next decade.
AngelTech Live III: Join us on 12 April 2021!
AngelTech Live III will be broadcast on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST)
and will feature online
versions of the market-leading physical events: CS International
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Thanks to the great diversity of the semiconductor industry, we are always chasing new markets and developing a range of exciting technologies.
2021 is no different. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. We shall consider a roadmap for this device, along with technologies for boosting its output.
We shall also look at microLEDs, a display with many wonderful attributes, identifying processes for handling the mass transfer of tiny emitters that hold the key to commercialisation of this technology.
We shall also discuss electrification of transportation, underpinned by wide bandgap power electronics and supported by blue lasers that are ideal for processing copper.
Additional areas we will cover include the development of GaN ICs, to improve the reach of power electronics; the great strides that have been made with gallium oxide; and a look at new materials, such as cubic GaN and AlScN.
Having attracted 1500 delegates over the last 2 online summits, the 3rd event promises to be even bigger and better – with 3 interactive sessions over 1 day and will once again prove to be a key event across the semiconductor and photonic integrated circuits calendar.
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