Published August 2023 | 320 pages, 77 figures, 89 tables | Download table of contents
Quantum Dot Markets Outlook 2023-2034: Emerging Technologies and Applications Driving Growth in Quantum Materials
This market report provides a comprehensive analysis of quantum dot technologies, applications such as displays and solar cells, global revenues and forecasts, major players, and trends shaping the quantum dot industry.
Quantum dots (QDs) are nanocrystals with unique optical and electronic properties enabling advanced applications in displays, lighting, solar, security, medical diagnostics, quantum computing, and more. Continued innovation around quantum dot synthesis, configurations, and integration will drive market growth over the next decade.
Key Quantum Dot Applications and Markets:
- TV Displays and Smartphone Displays
- MicroLED Displays
- VR/AR Headsets
- Solar Cells and Windows
- Sensors and Photodetectors
- Bio-Imaging and Medical Diagnostics
- Security Inks and Tagging
- Quantum Dot Lasers
- Lighting and LEDs
Global Quantum Dot Market Analysis and Forecasts 2023-2034: This section provides historical revenues, estimates and future projections for the global quantum dot market, segmented by major application and technology. Key factors impacting growth are assessed.
Quantum Dot Manufacturers and Product Developers:
Profiles of over 100 leading quantum dot companies and analysis of their target markets, production capacities, technologies, partnerships, and commercial activities.
Continued advances in quantum dot synthesis, chemistry, and manufacturing will enable emerging applications and drive double digit market growth over the coming decade across displays, solar, security, computing, medical, and more.
The Global Market for Quantum Dots 2024-2034 features 107 company profiles of quantum dot producers and product developers. Companies profiled include Applied Quantum Materials Inc., Bio Square, Inc., Diraq, Dotz Nano, Helio Display Materials, Nanoco Technologies, Nanosys, Nanolumi, QDI Systems, Raysolve Ltd., Samsung, Taiwan Nanocrystals and UBiQD.
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1 EXECUTIVE SUMMARY 21
- 1.1 Growth in high definition TV demand 22
- 1.2 QD advantages 25
- 1.2.1 Market growth since 2013 26
- 1.3 QD-TVs market 26
- 1.4 The Quantum Dot TV market in 2022 27
- 1.5 The Quantum Dot TV market in 2023 28
- 1.6 Cadmium vs. cadmium free 30
- 1.6.1 Cadmium QDs 31
- 1.6.2 Cadmium-free QDs 31
- 1.6.3 European commission ban use of cadmium in TVs and displays 31
- 1.6.4 Perovskite quantum dots 32
- 1.6.5 Carbon and graphene quantum dots 32
- 1.7 Quantum Dot Revenues 2015-2034 33
- 1.8 Market drivers and trends for quantum dots 35
- 1.9 Market outlook for quantum dots (5-10 years) 37
- 1.10 Market challenges for quantum dots 38
2 RESEARCH SCOPE AND METHODOLOGY 39
- 2.1 Report scope 39
- 2.2 Market definition 40
- 2.2.1 Categorization 41
- 2.3 Research methodology 42
- 2.4 Primary research 42
- 2.5 Secondary research 43
3 INTRODUCTION 43
- 3.1 Mode of operation 44
- 3.2 Properties 44
- 3.3 Synthesis 46
- 3.4 Types 48
- 3.4.1 Cadmium Selenide, Cadmium Sulfide and other materials 48
- 3.4.2 Cadmium free quantum dots 49
- 3.5 Two-dimensional quantum dots 49
- 3.6 Carbon quantum dots (CDs) 50
- 3.6.1 Properties 50
- 3.6.2 Applications 51
- 3.7 Graphene quantum dots (GQDs) 52
- 3.7.1 Properties 52
- 3.7.2 Synthesis 54
- 3.7.3 Applications 54
- 3.7.3.1 Pricing 56
- 3.7.4 Producers 56
- 3.8 Perovskite quantum dots (PQDs) 57
- 3.8.1 Properties 57
- 3.8.2 Comparison to conventional quantum dots 58
- 3.8.3 Synthesis methods 58
- 3.8.4 Applications 59
- 3.8.4.1 Displays 60
- 3.8.5 Producers 61
- 3.9 Quantum rods 62
- 3.9.1 Properties 63
- 3.9.2 Applications 63
- 3.10 Narrow band gap phosphors 63
4 QUANTUM DOTS TECHNOLOGY READINESS (TRL) 64
5 QUANTUM DOTS INDUSTRY ANALYSIS 67
- 5.1 Licensing, collaborations and partnerships 67
- 5.2 Supply chain 69
6 QUANTUM DOTS REGULATIONS 72
7 THE GLOBAL MARKET FOR QUANTUM DOTS 76
- 7.1 Revenues 2018-2034 79
- 7.1.1 By end use market 80
- 7.1.2 By region 82
- 7.2 DISPLAYS 83
- 7.2.1 Market drivers and trends 84
- 7.2.2 LCDS vs. OLEDs vs. QD-LCDs/QLEDs 85
- 7.2.2.1 Liquid Crystal Displays (LCD) 85
- 7.2.3 QD-LCD TVs/QLEDs 88
- 7.2.4 Quantum dot enhancement film (QDEF) for current QLEDs 91
- 7.2.5 Quantum Dot on Glass (QDOG) 92
- 7.2.6 Quantum dot colour filters (QDCC) 93
- 7.2.7 XQDEF 94
- 7.2.8 Quantum dots on-chip 95
- 7.2.9 Electroluminescent quantum dots 96
- 7.2.10 MiniLED displays 96
- 7.2.10.1 Comparison to LCD and OLED 97
- 7.2.10.2 Advantages and disadvantages 99
- 7.2.10.3 Backplane types 99
- 7.2.10.3.1 Passive matrix driving miniLED 100
- 7.2.10.3.2 Active matrix driving miniLED 101
- 7.2.10.4 Costs 103
- 7.2.10.5 High dynamic range miniLED displays 104
- 7.2.10.6 Trends in MiniLED displays 106
- 7.2.10.7 Quantum dot films for miniLED displays 106
- 7.2.10.8 Eyesafe QD 107
- 7.2.10.9 QD-Mini-LED-BLU 107
- 7.2.10.10 Perovskite colour enhancement film in MiniLEDs 108
- 7.2.11 MicroLEDs 109
- 7.2.11.1 Development 109
- 7.2.11.2 Types 110
- 7.2.11.3 Comparison to LCD and OLED 111
- 7.2.11.4 MicroLED displays 112
- 7.2.11.4.1 Advantages 113
- 7.2.11.4.2 Transparency 115
- 7.2.11.4.3 Borderless 115
- 7.2.11.4.4 Flexibility 116
- 7.2.11.5 Costs 116
- 7.2.11.6 Manufacturing 117
- 7.2.11.6.1 Epitaxy and Chip Processing 117
- 7.2.11.6.1.1 Uniformity 118
- 7.2.11.6.2 Assembly Technologies 119
- 7.2.11.6.2.1 Monolithic fabrication of microdisplays 119
- 7.2.11.6.2.2 Mass transfer 120
- 7.2.11.6.2.3 Mass Transfer Processes 121
- 7.2.11.6.3 Full colour conversion 127
- 7.2.11.6.3.1 Phosphor Colour Conversion LEDs 129
- 7.2.11.6.3.2 Quantum dots colour conversion 130
- 7.2.11.6.1 Epitaxy and Chip Processing 117
- 7.2.12 QDCC for micro-LED displays 130
- 7.2.13 Flexible QD displays 131
- 7.2.13.1 Flexible QLEDs 132
- 7.2.13.2 Foldable QLED 133
- 7.2.14 Samsung QD Display 134
- 7.2.15 LG's "QNED" LCD TVs 136
- 7.2.16 Quantum dot LCD-based VR headsets 136
- 7.2.17 Narrow band phosphor LCDs 137
- 7.2.18 Hybrid QD-NBP 138
- 7.2.19 Recent industry developments 139
- 7.2.20 Global market revenues and unit sales 142
- 7.2.20.1 QD-TV unit sales 2016-2034 142
- 7.2.20.2 QD Monitor Unit sales 2015-2034 144
- 7.3 PHOTOVOLTAICS 147
- 7.3.1 Market drivers and trends 147
- 7.3.2 Applications 149
- 7.3.2.1 Nanomaterials in solar cells 149
- 7.3.2.2 Advantages of quantum dots in photovoltaics 150
- 7.3.3 Types of quantum dot solar cells 151
- 7.3.3.1 Metal—semiconductor/ Schottky QD junction solar cell 151
- 7.3.3.2 Silicon/QD Film Hydrid Solar Cells 151
- 7.3.3.3 Silicon/Graphene QD Film Hydrid Solar Cells 152
- 7.3.3.4 Depleted-heterojunction QD solar cell 152
- 7.3.3.5 QD-sensitized solar cells (QDSSC) 152
- 7.3.3.6 Quantum dot solar windows 153
- 7.3.4 Market challenges 155
- 7.3.5 Recent industry developments 156
- 7.3.6 Global market revenues 157
- 7.3.7 Quantum dot photovoltaics companies 160
- 7.4 LIGHTING 162
- 7.4.1 Market drivers and trends 162
- 7.4.2 Applications 164
- 7.4.2.1 LED lighting 164
- 7.4.2.2 Horticultural lighting 167
- 7.4.3 Market challenges 167
- 7.4.4 Recent industry developments 168
- 7.4.5 Global market revenues 169
- 7.4.6 Quantum dot lighting companies 172
- 7.5 BIOTECH AND MEDICINE 174
- 7.5.1 Market drivers and trends 175
- 7.5.2 Applications 178
- 7.5.2.1 Imaging and diagnostics 179
- 7.5.2.1.1 Advantages 179
- 7.5.2.1.2 Biomarkers 180
- 7.5.2.1.3 Photodynamic therapy 180
- 7.5.2.1.4 Point-of-care 180
- 7.5.2.2 Drug delivery 180
- 7.5.2.3 Photodynamic therapy 181
- 7.5.2.1 Imaging and diagnostics 179
- 7.5.3 Market challenges 181
- 7.5.4 Global market revenues 182
- 7.5.4.1 Imaging and diagnostics 183
- 7.5.4.2 Drug delivery 183
- 7.5.5 Quantum dot biotechnology and medicine companies 185
- 7.6 PHOTODETECTORS 187
- 7.6.1 Market drivers and trends 187
- 7.6.2 Applications 187
- 7.6.2.1 SWIR Sensing 187
- 7.6.2.2 12.3. Hybrid QD-on-CMOS Image Sensor 188
- 7.6.2.3 QD-on-Si SWIR Detection 189
- 7.6.2.4 QD-Si hybrid image sensors 190
- 7.6.2.5 UV Imaging 190
- 7.6.3 Global market revenues 190
- 7.7 SECURITY AND ANTI-COUNTERFEITING 191
- 7.7.1 Market drivers and trends 191
- 7.7.2 Applications 192
- 7.7.3 Global market revenues 193
- 7.7.4 Quantum dot security and anti-counterfeiting Companies 195
- 7.8 SENSORS 197
- 7.8.1 Market drivers and trends 197
- 7.8.2 Applications 199
- 7.8.2.1 Food sensors 199
- 7.8.2.2 Chemical and gas sensors 200
- 7.8.2.3 Biosensors 200
- 7.8.3 Global market revenues 201
- 7.8.4 Market challenges 203
- 7.8.5 Quantum dot sensor companies 204
- 7.9 OTHER MARKETS 205
- 7.9.1 AgTech 205
- 7.9.1.1 Applications 205
- 7.9.1.2 Companies 205
- 7.9.2 Batteries 206
- 7.9.2.1 Properties 206
- 7.9.2.2 Applications 206
- 7.9.2.3 Companies 206
- 7.9.3 Thermoelectrics 208
- 7.9.3.1 Properties 208
- 7.9.3.2 Companies 208
- 7.9.4 QD Lasers 209
- 7.9.4.1 Applications 209
- 7.9.4.2 Companies 209
- 7.9.5 Photocatalysts 210
- 7.9.6 Sunscreen 210
- 7.9.7 Spectrometers 211
- 7.9.8 Quantum computing 212
- 7.9.9 Hydrogen production 212
- 7.9.10 Autonomous vehicles 213
- 7.9.1 AgTech 205
8 QUANTUM DOT PRODUCER AND PRODUCT DEVELOPER PROFILES 213 (107 company profiles)
9 QUANTUM DOTS COMPANIES NO LONGER TRADING 302
10 REFERENCES 306
List of Tables
- Table 1: Market summary for the quantum dots market. 22
- Table 2. Quantum dot display products. 24
- Table 3. Total QD-based component revenues 2015-2034 ($M), conservative and optimistic estimates. 33
- Table 4: Market drivers and trends for quantum dots. 35
- Table 5: Impact of market drivers for the quantum dots market. 36
- Table 6: Market challenges for quantum dots. 38
- Table 7. Categorization of nanomaterials. 41
- Table 8. Chemical synthesis of quantum dots. 47
- Table 9: Applications of carbon quantum dots. 51
- Table 10: Comparison of graphene QDs and semiconductor QDs. 53
- Table 11. Graphene quantum dots producers. 56
- Table 12. Comparative properties of conventional QDs and Perovskite QDs. 58
- Table 13. Applications of perovskite QDs. 59
- Table 14. Development roadmap for perovskite QDs. 60
- Table 15. Properties of perovskite QLEDs comparative to OLED and QLED. 61
- Table 16. Perovskite-based QD producers. 62
- Table 17. Technology Readiness Level (TRL) Examples. 65
- Table 18: Quantum dots market structure. 69
- Table 19. Global quantum dot regulations. 72
- Table 20: Markets, benefits and applications of quantum dots. 77
- Table 21: Total QD-based component revenues 2018-2034 (millions USD). 79
- Table 22. Quantum dot revenues by end use market, 2015-2034 (millions USD). 80
- Table 23: Production of quantum dots. 81
- Table 24. Quantum dot revenues by region, 2015-2034 (millions USD). 82
- Table 25: Market snapshot for quantum dots in TV/displays. 83
- Table 26: Market drivers and trends for quantum dots in LCD TVs and Displays. 84
- Table 27: Impact of market drivers for quantum dots in the LCD TVs/Displays market. 85
- Table 28: Advantages and disadvantages of LCDs, OLEDs and QDs. 86
- Table 29: Typical approaches for integrating QDs into displays. 89
- Table 30: Current and planned Quantum Dot TVs by manufacturer, availability, size range and price range. 90
- Table 31: QD colour filter options and advantages. 93
- Table 32. Comparison between miniLED displays and other display types. 97
- Table 33. Advantages and disadvantages of MiniLEDs. 99
- Table 34. Comparison of AM and PM driving. 100
- Table 35. MiniLED backlight costs. 104
- Table 36. Comparison to conventional LEDs. 110
- Table 37. Types of microLED. 110
- Table 38. Comparison to LCD and OLED. 111
- Table 39. Schematic comparison to LCD and OLED. 112
- Table 40. Commercially available microLED products and specifications. 113
- Table 41. microLED-based display advantages and disadvantages. 114
- Table 42. Mass transfer methods, by company. 121
- Table 43. Comparison of various mass transfer technologies. 121
- Table 44: Research industry developments in quantum dot displays. 139
- Table 45: QD-TV unit sales 2016-2034, conservative and optimistic estimate for QDEF film and Non-QDEF film. 143
- Table 46: Market snapshot for quantum dots in photovoltaics. 147
- Table 47: Market drivers and trends in quantum dots in photovoltaics. 147
- Table 48: Impact of market drivers for quantum dots in the photovoltaics market. 149
- Table 49: Advantages of quantum dots in photovoltaics. 150
- Table 50: Schottky QD Junction solar cells. 151
- Table 51: Comparison of third generation solar cells. 153
- Table 52: Market challenges rating for quantum dots in the solar market. 155
- Table 53: Recent industry developments in quantum dots in photovoltaics. 156
- Table 54: Total QD photovoltaic component revenues 2018-2034 ($M). 158
- Table 55: Quantum dots product and application developers in photovoltaics. 160
- Table 56: Market snapshot for quantum dots in LED lighting. 162
- Table 57: Market drivers and trends for quantum dots in LED lighting. 162
- Table 58: Impact of market drivers for quantum dots in the LED lighting market. 164
- Table 59: QD-LEDs and External quantum efficiencies (EQE). 166
- Table 60: Market challenges rating for quantum dots in the lighting and UVC market. 168
- Table 61. Recent industry developments in quantum dots in lighting. 168
- Table 62: Total QD LED lighting component revenues 2018-2034 ($M). 170
- Table 63: Quantum dots product and application developers in lighting. 172
- Table 64: Market snapshot for quantum dots in biotechnology and medicine market. 174
- Table 65: Market drivers and trends for quantum dots in biotechnology and medicine. 175
- Table 66: Impact of market drivers for quantum dots in the biotech and medicine market. 178
- Table 67: Market challenges in imaging and diagnostics. 182
- Table 68: Market challenges rating for quantum dots in the medical imaging and diagnostics market. 182
- Table 69: Total QD revenues in biotechnology and medicine 2018-2034 ($M). 183
- Table 70: Quantum dots product and application developers in biotechnology and medicine. 185
- Table 71. Market drivers and trends for quantum dots in photodetectors. 187
- Table 72. Total QD revenues in biotechnology and medicine revenues in photodetectors 2018-2034 ($M). 190
- Table 73: Market snapshot for quantum dots in security and anti-counterfeiting. 191
- Table 74: Market drivers and trends for quantum dots in security and anti-counterfeiting. 191
- Table 75: Impact of market drivers for quantum dots in the security and anti-counterfeiting market. 192
- Table 76: Total QD revenues in security and anti-counterfeiting 2018-2034 ($M). 193
- Table 77: Quantum dots product and application developers in security. 195
- Table 78: Overall market assessment for the quantum dots in the sensors market. 197
- Table 79: Market drivers and trends for quantum dots in sensors. 198
- Table 80: Impact of market drivers for quantum dots in the sensors market. 198
- Table 81: Quantum dot sensors and applications. 199
- Table 82: Total QD revenues in sensors 2018-2034 ($M), conservative and optimistic estimates. 201
- Table 83: Market challenges rating for quantum dots in the sensors market. 203
- Table 84: Quantum dots product and application developers in sensors. 204
- Table 85: Quantum dots product and application developers in batteries. 207
- Table 86: Quantum dots product and application developers in thermoelectrics. 208
- Table 87: Quantum dots product and application developers in lasers. 210
- Table 88. Samsung QD-TV product list. 280
- Table 89. Quantum Dots companies no longer trading. 302
List of Figures
- Figure 1: QLED TV from Samsung. 23
- Figure 2. QD display products. 23
- Figure 3: Samsung QDs utilized in range of QLED TVs. 27
- Figure 4. Sony A95K Master XR TV. 29
- Figure 5. Perovskite quantum dots under UV light. 32
- Figure 6. Total QD component revenues 2018-2034 ($M), conservative and optimistic estimates. 34
- Figure 7: Quantum dot schematic. 45
- Figure 8. Quantum dot size and colour. 45
- Figure 9. (a) Emission color and wavelength of QDs corresponding to their sizes (b) InP QDs; (c) InP/ZnSe/ZnS core-shell QDs. 46
- Figure 10. Carbon dots development. 51
- Figure 11: Schematic of (a) CQDs and (c) GQDs. HRTEM images of (b) C-dots and (d) GQDs showing combination of zigzag and armchair 53
- Figure 12: Green-fluorescing graphene quantum dots. 55
- Figure 13: Graphene quantum dots. 55
- Figure 14. A pQLED device structure. 58
- Figure 15: Perovskite quantum dots under UV light. 61
- Figure 16: TRL quantum dots. 67
- Figure 17: Schematic of typical commercialization route for quantum dots producer. 69
- Figure 18: Total QD component revenues 2018-2034 (millions USD). 80
- Figure 19. Quantum dot revenues by end use market, 2015-2034 (millions USD). 81
- Figure 20. Quantum dot revenues by region, 2015-2034 (millions USD). 82
- Figure 21: QD-TVsupply chain. 86
- Figure 22: Quantum dot LED backlighting schematic. 88
- Figure 23. Quantum dot film schematic. 91
- Figure 24: Quantum Dots on Glass schematic. 92
- Figure 25: Samsung 8K 65" QD Glass. 93
- Figure 26: QD/OLED hybrid schematic. 94
- Figure 27: Electroluminescent quantum dots schematic. 96
- Figure 28. Schematic of LCD with MicroLED backlight. 97
- Figure 29. Schematic for configuration of full colour microLED display 98
- Figure 30. Comparison of AM and PM driving. 100
- Figure 31. BOE glass-based backplane process. 103
- Figure 32. MSI curved quantum dot miniLED display. 107
- Figure 33. Eyesafe QD. 107
- Figure 34. MicroLED schematic. 109
- Figure 35. Pixels per inch roadmap of µ-LED displays from 2007 to 2019. 111
- Figure 36. Comparison of microLED with other display technologies. 114
- Figure 37. Lextar 10.6 inch transparent microLED display. 115
- Figure 38. Transition to borderless design. 116
- Figure 39. Schematics of a elastomer stamping, b electrostatic/electromagnetic transfer, c laser-assisted transfer and d fluid self-assembly. 123
- Figure 40. Schematics of Roll-based mass transfer. 124
- Figure 41. Schematic of laser-induced forward transfer technology. 125
- Figure 42. Schematic of fluid self-assembly technology. 127
- Figure 43. Schematic of colour conversion technology. 128
- Figure 44. Process flow of a full-colour microdisplay. 129
- Figure 45: Carbon nanotubes flexible, rechargeable yarn batteries incorporated into flexible, rechargeable yarn batteries. 132
- Figure 46: Flexible & stretchable LEDs based on quantum dots. 133
- Figure 47. Schematic of QD-OLED hybrid. 135
- Figure 48. Reality 12K QLED VR. 136
- Figure 49: QD-TV unit sales 2016-2034, conservative estimates. 143
- Figure 50: QD-TV unit sales 2016-2034, optimistic estimates. 143
- Figure 51: QD Monitor Unit sales 2015-2034. 145
- Figure 52: (a) Schematic of Schottky barrier quantum dots based solar cell. 151
- Figure 53: Schematic of QD Solar Cell. 152
- Figure 54: Doped quantum dot LSC. 153
- Figure 55: QD coated solar windows. 154
- Figure 56: A layer of highly emissive manganese-doped quantum dots onto the outside surface of the outer glass pane (top layer on the left image below) and a layer of copper indium selenide quantum dots onto the inner surface of the inside (bottom) pane. 154
- Figure 57: QDSSC Module. 155
- Figure 58: Total QD photovoltaics component revenues 2018-2034 ($M). 159
- Figure 59. Commercial Quantum Dot-LED lamp line. 164
- Figure 60: Fourth generation QD-LEDs. 166
- Figure 61: Total QD LED lighting component revenues 2018-2034 ($M). 171
- Figure 62. Total QD revenues in biotechnology and medicine revenues 2018-2034 ($M). 184
- Figure 63: Total QD revenues in in anti-counterfeiting and security 2018-2034 ($M). 194
- Figure 64: Total QD revenues in in sensors 2018-2034 ($M), conservative and optimistic estimates. 202
- Figure 65: StoreDot battery charger. 207
- Figure 66: Schematic of QD laser device. 209
- Figure 67: Quantum dot spectrometer. 211
- Figure 68. AU 85" bezel-less quantum dot TV. 217
- Figure 69: InP/ZnS, perovskite quantum dots and silicon resin composite under UV illumination. 236
- Figure 70: Quantum dots tag on plastic bottle. 242
- Figure 71. QDSSC Module. 248
- Figure 72: Quantum dot sheet. 259
- Figure 73. Green perovskite QD film for LCD color conversion. 274
- Figure 74. SQ dots production process. 287
- Figure 75. Infrared QD sensor company. 290
- Figure 76. CQD™ photodiode schematic 290
- Figure 77. TCL QLED TVs. 292
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To purchase by invoice (bank transfer) or in an alternative currency please contact info@futuremarketsinc.com or select Bank Transfer (Invoice) as a payment method at checkout.