Quantum Dot Market Share, Size, Trends, Industry Analysis Report, By Material (Cadmium-Based, Cadmium-Free); By Product; By Display Technology (QD-LCDs, Mini-LEDs, QD-OLEDs); By Application; By Region; Segment Forecast, 2024 - 2032

Quantum Dot Market Share, Size, Trends, Industry Analysis Report, By Material (Cadmium-Based, Cadmium-Free); By Product; By Display Technology (QD-LCDs, Mini-LEDs, QD-OLEDs); By Application; By Region; Segment Forecast, 2024 - 2032

The global quantum dot market size is expected to reach USD 40.45 billion by 2032, according to a new study by Polaris Market Research. The report “Quantum Dot Market Share, Size, Trends, Industry Analysis Report, By Material (Cadmium-Based, Cadmium-Free); By Product; By Display Technology (QD-LCDs, Mini-LEDs, QD-OLEDs); By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The quantum dots market is witnessing rapid growth owing to its properties and characteristics, such as better brightness, more brilliant colors, and enhanced energy efficiency are the main reasons behind the rise in demand for QLED screens. There is a growing need for high-resolution displays with less power consumption due to continuous advancements in QD performance. These are nanoscale semiconductor particles with quantum mechanical characteristics known as quantum dots. These microscopic structures are useful for applications in electronics, medical imaging, and displays because they can absorb and emit light at particular wavelengths. Their optical and electrical properties can be precisely controlled due to their size-dependent electronic features.

For instance, in May 2024, A spin-out company from the University of California, Santa Barbara (UCSB) photonics research department led by John Bowers stated that it concluded a $11.5 million seed investment round. With the goal of supporting its development of quantum dot lasers and heterogeneous silicon photonics for ultra-high-speed optical interconnects.

In recent years, there have been technological advancements in the quantum dots to unleash their complete potential and application in various industries. QDs are thought of as zero dimensional structures, their density of states is sharper than that of structures with higher dimensions, leading to superior optical and transport characteristics. These characteristics are presently being researched for possible uses in biological sensors, diode lasers, and electronic amplifiers in the future, driving the growth of this market further.

Quantum Dot Market Report Highlights

The cadmium-based quantum dominated the market owing to its wide applications in various industries.

The cadmium-free quantum dots segment is projected to grow at a CAGR, mainly driven by their strong performance, environmental advantages, and safety.

The QD-LCD segment accounted for the largest market share, as quantum dots increase the color gamut on LCD displays.

The healthcare segment dominated the market owing its size and characteristics can be applied in various medical applications.

North America region dominated the market owing to the early adoption of quantum dots technology by various industries.

The global key market players include Avantama AG, BOE Technology Group Co., Ltd., Hansolchemical, LG Display Co., Ltd., Merck KGaA, Nanoco Group Plc, NNCrystal US Corporation, SAMSUNG Display, etc.

Polaris Market Research has segmented the quantum dot market report based on material, product, display technology, application, and region:

Quantum Dot, Material Outlook (Revenue - USD Billion, 2019 - 2032)

Cadmium-based Quantum Dots

Cadmium Selenide Quantum Dots

Cadmium Sulfide Quantum Dots

Cadmium Telluride Quantum Dots

Cadmium Zinc Selenide Quantum Dots

Cadmium-free Quantum Dots

Indium Arsenide Quantum Dots

Silicon Quantum Dots

Graphene Quantum Dots

Lead Sulfide Quantum Dots

Carbon Quantum Dots

Perovskite Quantum Dots

Lead Selenide Quantum Dots

Others

Quantum Dot, Product Outlook (Revenue - USD Billion, 2019 - 2032)

Displays

Lasers

Solar Cells/Modules

Medical Devices

Photodetectors/Sensors

LED Products

Others

Quantum Dot, Display Technology Outlook (Revenue - USD Billion, 2019 - 2032)

QD-LCDs

Mini-LEDs

QD-OLEDs

Quantum Dot, Application Outlook (Revenue - USD Billion, 2019 - 2032)

Consumer

Commercial

Retail

Corporate

Hospitality

Healthcare

Biological Imaging

Cellular Labeling

DNA Labeling

Quantum Dots based Cancer Diagnosis

Defense

Telecommunication

Others

Quantum Dot, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Indonesia

Australia

Malaysia

Rest of Asia Pacific

Latin America

Argentina

Brazil

Mexico

Rest of Latin America

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa

Rest of Middle East & Africa