Quantum Dot Market

Quantum Dot Market Share & Analysis – Industry Overview

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14518
  • Published Date: Aug, 2024
  • Pages: 235
  • Category: Information Technology & Semiconductors
  • Format: PDF
Buy @ $4700.00 Request Sample PDF

Segment Analysis

Regional segmentation analysis

The regions analysed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most significant global quantum dot market, with a 44% market revenue share in 2023.

The region has a well-established, mature and advanced research and development infrastructure with key market players, technology and electronics companies, academic and research institutions supporting constant advancements and innovations in quantum dots. The government of United States has significantly increased the spending on quantum dots and related fields to stay ahead in the game and gain a competitive advantage over China. The regional regulatory environment fosters collaborations and partnerships as well. the presence of key market players with manufacturing capabilities to support the market demand of quantum dots also contributes to the market’s growth.

North America Region Quantum Dot Market Share in 2023 - 44%

www.thebrainyinsights.com

Check the geographical analysis of this market by requesting a free sample

  • Leading producer of advanced materials Shoei Chemical, Inc. announced that it and its North American subsidiary Shoei Electronic Materials, Inc. (Shoei) have finalized a definitive asset purchase agreement with Nanosys, Inc. (Nanosys) to acquire nearly all of the assets related to Nanosys' quantum dot business. Through this acquisition, Shoei Chemical solidifies its position as a major player in the advanced materials sector, and Nanosys, now a part of Shoei, will keep setting the standard for cutting-edge quantum dot technology innovation and supplying partners and clients around the globe with premium quantum dot materials. It is anticipated that the union of Nanosys' unparalleled knowledge in quantum dot technology with Shoei Chemical's broad manufacturing capabilities would usher in a new age of development and progress in this field.

Technique Segment Analysis

The technique segment is divided into colloidal synthesis, fabrication, bio-molecular self-assembly, viral assembly, electrochemical assembly, and bulk-manufacturing. The colloidal synthesis segment dominated the market, with a market share of around 37% in 2023. Colloidal synthesis is the production of quantum dots in a liquid medium. The production is achieved through a controlled chemical process in a controlled environment. The process is followed by purification to attain the most uniform and high-quality quantum dots. Colloidal synthesis offers precision and control over the dimensions of the quantum dots. These dimensions can be altered or modified according to needs and requirements of the products. it also offers consistent quality. it is scalable and versatile. It is a cost-effective method, making it the preferred choice of majority of the market players.

Product type Segment Analysis

The product type segment is divided into QD medical devices, QD displays, QD solar cells, QD photodetectors/QD sensors, QD lasers, QD lighting (LED) solutions, batteries and energy-storage systems, QD transistors, and QD tags. The QD displays segment dominated the market, with a market share of around 35% in 2023. Displays are a fundamental component of majority of the electronic devices. Displays are the key component of user interference. It significant impacts the experience with the device. Quantum dots improve displays making them highly valuable in the market. it improves imaging facilitating the display of vivid and life-like images on screen, thereby enhancing customer experience and future sales.

  • Canon created a polymer that eliminates the need for rare metals in organic light-emitting diode (OLED) panels. The Japanese corporation is making this move in an effort to become less dependent on large manufacturers of rare metals, such those in China. Within a few years, Canon hopes to bring the technology to market, opening the door to dependable production that is unaffected by geopolitical concerns. Quantum dots (QDs), which are minuscule semiconductor particles with a diameter of one nanometer, are the new material. The particles release bright colors when exposed to light or electric current.

Material Segment Analysis

The material segment is divided into cadmium-based quantum dots, cadmium-free quantum dots, silicon, graphene, and lead sulphide. The cadmium-based quantum dots segment dominated the market, with a market share of around 42% in 2023. Cadmium exhibits exceptional optical properties making it the dominant material for quantum dot production. It is also highly tenable enabling better control over colour composition and image quality. enhanced optical properties make it ideal for production of quantum dots that are used in electronics, medical devices and equipment that requires precise imaging. It is reliable, stable and offer better visuals. Furthermore, it is well tested and known technology.

  • Machine learning has been suggested as a tool for cross-architecture adjustment of silicon-germanium (SiGe) and silicon (Si)-based devices in a work that was just published in the journal Scientific Reports. Device variability currently limits the potential of SiGe and Si-based devices for scaling quantum circuits. The construction of circuits with a large number of qubits, which is essential for establishing a universal fault-tolerant quantum computer, is particularly promising for gate-defined quantum dots in SiGe and Si.

Application Segment Analysis

The application segment is divided into consumer, commercial, telecommunications, healthcare, defence, and others. The healthcare segment dominated the market, with a market share of around 36% in 2023. Quantum dots are used to enhance the imaging and display in diagnostics processes in healthcare. Diagnostics processes are a fundamental component of healthcare sector being the first step towards identifying the ailment and defining further treatment course. It needs to accurate and reliable for optimum patient outcomes. quantum dots enable this precision and accuracy in imaging. They are also used in drug delivery and the development of personalized medicine.

  • A Dutch deep tech business called QDI Systems has announced that it has raised €5 million in Series A funding to expand its ground-breaking quantum dots technology for use in new markets and the medical field. The company's prior backers Carduso Capital, RuG Ventures, and the well-known Nordic venture capital fund Maki.vc participated in the investment round, which was headed by NOM, the Investment and Development Agency for the Northern Netherlands. The Netherlands Enterprise Agency (RVO) has provided an innovation loan totaling €1.97 million as part of the investment. The development of creative science-based projects with significant technical risks and promising commercial outcomes is the goal of this esteemed R&D financing. QDI Systems uses state-of-the-art nanomaterial quantum dots to build medical imaging equipment.

Request Table of Content

+1

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global quantum dot market based on below mentioned segments:

Global Quantum Dot Market by Technique:

  • Colloidal Synthesis
  • Fabrication
  • Bio-Molecular Self-Assembly
  • Viral Assembly
  • Electrochemical Assembly
  • Bulk-Manufacturing

Global Quantum Dot Market by Product Type:

  • QD Medical Devices
  • QD Displays
  • QD Solar Cells
  • QD Photodetectors/QD Sensors
  • QD Lasers
  • QD Lighting (LED) Solutions
  • Batteries and Energy-Storage Systems
  • QD Transistors
  • QD Tags

Global Quantum Dot Market by Material:

  • Cadmium-Based Quantum Dots
  • Cadmium-Free Quantum Dots
  • Silicon
  • Graphene
  • Lead Sulphide

Global Quantum Dot Market by Application:

  • Consumer
  • Commercial
  • Telecommunications
  • Healthcare
  • Defence
  • Others

Global Quantum Dot Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

Some Facts About The Brainy Insights

50%

Free Customization

300+

Fortune 500 Clients

1

Free Yearly Update On Purchase Of Multi/Corporate License

900+

Companies Served Till Date