Global Market for Quantum Dots

The Global Market for Quantum Dots 2017-2027

Future Markets, Date of Publication: Jan 30, 2017, 171 Pages
US$1,255.00
FM2850

Since their synthesis over 30 years ago, Quantum Dots (QDs) have featured in a range of optoelectronic devices, including LCD TVs, light-emitting devices (LEDs), solar cells, photodiodes, thermoelectrics, photoconductors and field-effect transistors, while QD solutions have been used in a number of in vivo and in vitro imaging, sensing and labelling techniques.

The global market for quantum dots in LCD TVs has grown greatly in the past 18 months and its growth potential is considerable in the next decade, while companies are also starting to look at longer-tem applications in the display industry.

Quantum dots market revenues

According to this report, the global quantum dots (QD) market will be potentially valued at more than $11 billion at the components level by 2025. The optoelectronics market represents the vast majority of this figure, chiefly LCD TVs. Other notable growth markets include solid-state lighting, sensors and anti-counterfeiting. Further markets that quantum dots will impact include solar and biomedicine. QD solutions have been used in a number of in vivo and in vitro imaging, sensing and labelling techniques.

Quantum dots market producers and product developers

A number of quantum dot producers have developed scalable solution production processes and partner with multi-national OEMs to use QDs in displays for tablets and LCD-TVs. They have collaborated with companies such as Sony, Samsung, 3M, Amazon, Hisense and ASUS to bring QD-enabled display devices to market in the past 18 months. Samsung Electronics has witnessed significant market return from QD-TVs and recently announced investment in developing beyond OLED Quantum Dot LED (QLED) TVs and new initiatives in semiconductors and bio products, under a dedicated R&D unit. LG Display, the main producer of OLED TVs, is expanding its cooperation with QD material manufacturers Nanoco, Nanosys and QD Vision in a project to research new applications of QDs and QLED TVs.

The market up to 2013 mainly catered to specialized applications, with a small number of companies selling QDs directly to researchers, using the particles to develop their own products or licensing their technologies to partners. Product launches in 2013 changed the commercial picture.

Quantum dots market drivers

Market drivers for adoption of QDs include growth in consumer demand for high-definition displays and TVs at reasonable cost (compared to OLED), growth in the renewable and low-power consumption energy market, need for enhanced sensor and imaging technologies and the growth in the anti-counterfeiting market.

Samsung Electronics has witnessed significant market return from QD-TVs and recently announced investment in developing beyond OLED Quantum Dot LED (QLED) TVs and new initiatives in semiconductors and bio products, under a dedicated R&D unit. LG Display, the main producer of OLED TVs, is expanding its cooperation with QD material manufacturers Nanoco, Nanosys and QD Vision in a project to research new applications of QDs and QLED TVs.

This 171 page analysis report on the quantum dots market including market size, technical status, technologies, applications, prospects, products and companies includes:

  • Types, properties and production methods.
  • Changing market dynamics in the quantum dots market.
  • In-depth market segmentation.
  • Historical, current and projected market size in terms of volume and value.
  • Revenue estimates for quantum dots market to 2027.
  • Recent industry trends and developments.
  • Competitive landscape.
  • Strategies of key players and products offered.
  • Potential and niche segments.
  • Market assessment in displays, including market drivers, commercialization, current and potential market revenues, manufacturing and product development.
  • Market assessment in LED lighting, including market drivers, commercialization, current and potential market revenues, manufacturing and product development.
  • Market assessment in biotechnology and medicine, including market drivers, commercialization, current and potential market revenues, manufacturing and product development.
  • Market assessment in security and anti-counterfeiting, including market drivers, commercialization, current and potential market revenues, manufacturing and product development.
  • Market assessment in sensors, including market drivers, commercialization, current and potential market revenues, manufacturing and product development.
  • Over 50 company profiles, fully updated to January 2017. Companies featured include Nano Elements Source LLC, Nanophotonica, Quantum Materials Corporation, Merck, Crystalplex Corporation, Ocean NanoTech LLC, UbiQD, LLC and Nanoco.

The Global Market for Quantum Dots 2017-2027
TABLE OF CONTENTS

1 RESEARCH METHODOLOGY

2 EXECUTIVE SUMMARY

2.1 Growth in LCD-TVS and beyond 16
2.2 Market growth since 2013 17
2.3 Cadmium vs cadmium free 19
2.4 Revenues 19
2.5 Market drivers 20
2.5.1 Growth of the high definition displays market in consumer electronics 20
2.5.2 Cheaper than OLED 21
2.5.3 Growth in the renewable and low-power consumption energy market 21
2.5.4 Need for improved, easy to use medical diagnostics and imaging 21
2.5.5 Growth in anti-counterfeiting market 22
2.5.6 Need for improved sensors 22
2.6 Market challenges 23
2.6.1 Restrictions on cadmium 23
2.6.2 Cost 23
2.6.3 Scalability 23
2.6.4 Competition from OLED in displays 23
2.6.5 Dispersion and solubility 23

3 NANOMATERIALS

3.1 Properties 24
3.2 Categorization 25

4 QUANTUM DOTS

4.1 Properties 27
4.2 Synthesis 29
4.3 Types 31
4.3.1 Cadmium Selenide, Cadmium Sulfide and other materials 31
4.3.2 Cadmium free quantum dots 31
4.3.3 Graphene quantum dots 32
4.3.3.1 Properties 32
4.3.3.2 Synthesis 32
4.3.3.3 Applications 34
4.3.3.4 Producers 34
4.3.4 Carbon quantum dots (CQds) 34
4.3.4.1 Properties 34
4.3.4.2 Applications 35
4.3.5 Quantum rods 35
4.3.5.1 Properties 35
4.3.5.2 Applications 35
4.3.5.3 Producers 36

5 TECHNOLOGY READINESS LEVEL (TRL)

6 QUANTUM DOTS MARKET STRUCTURE

7 QUANTUM DOTS REGULATIONS

7.1 Europe 40
7.1.1 Cadmium exemption in TVs and lighting 41
7.2 United States 42
7.2.1 Low Volume Exemption (LVE) 43
7.2.2 New Chemicals Program 43
7.3 Asia 43

8 MARKET SEGMENT ANALYSIS, BY END USER MARKET

8.1 Revenues 2013-2027 47
8.2 Production and prices 51
8.3 Market for quantum dots, by region 52
9 LCD TVS/DISPLAYS 53
9.1 Market drivers and trends 53
9.1.1 Improved performance with less power 54
9.1.2 Lower cost compared to OLED 54
9.2 Benefits of using quantum dots 55
9.2.1 LCDS vs OLEDs vs QD-LCDs 55
9.2.2 QD-LCD TVs 57
9.3 Synthesis and manufacturing 58
9.3.1 Integration into LCDs 58
9.3.2 On-edge (edge optic) 60
9.3.3 On-surface (film) 61
9.3.4 On-chip 62
9.3.5 QLED-TVs 62
9.3.6 Quantum rods 62
9.3.7 Quantum converters with red phosphors 63
9.4 QD-LCD products 63
9.4.1 Commercialization timeline for quantum dot display products 63
9.5 Industry and research developments 2013-2017 66
9.6 Market size and opportunity 67
9.7 Companies 69

10 PHOTOVOLTAICS

10.1 Market drivers and trends 71
10.1.1 Rising demand for solar power 71
10.1.2 Need for cost-effective solar energy for wider adoption 72
10.1.3 Need for new materials to overcome conventional silicon solar cell shortcomings 72
10.2 Benefits of using quantum dots 73
10.2.1 Metal—semiconductor/ Schottky QD junction solar cell 74
10.2.2 Silicon/QD Film Hydrid Solar Cells 76
10.2.3 Silicon/Graphene QD Film Hydrid Solar Cells 76
10.2.4 Depleted-heterojunction QD solar cell 76
10.2.5 QD-sensitized solar cells (QDSSC) 77
10.3 Market challenges 79
10.4 Industry and research developments 2013-2017 80
10.5 Market size and opportunity 81
10.6 Companies 83

11 LED LIGHTING

11.1 Market drivers and trends 85
11.1.1 Need to develop low-cost lighting 85
11.1.2 Environmental regulation 86
11.1.3 Limited efficiency of phosphors in LEDs 86
11.1.4 Shortcomings with LED lighting technologies 86
11.1.5 Improving flexibility 87
11.1.6 Improving performance and costs of UV-LEDs 87
11.2 Benefits of using quantum dots 87
11.2.1 Horticultural lighting 90
11.3 Market challenges 90
11.4 Industry and research developments 2013-2016 91
11.5 Market size and opportunity 92
11.6 Companies 94

12 BIOTECHNOLOGY AND MEDICINE

12.1 Market drivers and trends 97
12.1.1 Modern healthcare demands for novel diagnostic tools 97
12.1.2 Growth in the handheld point-of-care market 98
12.1.3 Universal to individualized medicine 98
12.1.4 Growth in the wearable monitoring market 98
12.1.5 Need for improved medical imaging 99
12.1.6 Need for improved drug delivery 99
12.1.7 Limitations of conventional treatments 100
12.1.8 Increase in global cancer problem 100
12.1.9 Shortcomings of chemotherapies 101
12.2 Benefits of using quantum dots 101
12.2.1 Imaging and diagnostics 102
12.2.1.1 Biomarkers 102
12.2.1.2 Photodynamic therapy 103
12.2.1.3 Point-of-care 103
12.2.2 Drug delivery 103
12.3 Challenges 104
12.4 Industry and research developments 2013-2017 106
12.5 Market size and opportunity 106
12.5.1 Imaging and diagnostics 106
12.5.2 Drug delivery 107
12.6 Companies 109

13 SECURITY AND ANTI-COUNTERFEITING

13.1 Market drivers and trends 111
13.1.1 Growth in counterfeiting and need for improved security 111
13.1.2 Combating counterfeiting in 3D Printing 112
13.1.3 Threat detection and prevention 112
13.1.4 Increased use of electronic devices in military and security 112
13.2 Benefits of using quantum dots 113
13.3 Market size and opportunity 113
13.4 Companies 115

14 SENSORS

14.1 Market drivers and trends 117
14.1.1 Increased demand for chemical and biosensors 117
14.1.2 Enhanced sensitivity 118
14.1.3 Growth in the home diagnostics and point of care market 118
14.2 Benefits of using quantum dots 119
14.2.1 Food sensors 119
14.2.2 Chemical and gas sensors 120
14.2.3 Biosensors 120
14.2.4 Image sensors 121
14.3 Market size and opportunity 122
14.4 Companies 124

15 OTHER MARKETS AND APPLICATIONS

15.1 Batteries 125
15.1.1 Properties 125
15.1.2 Companies 125
15.2 Thermoelectrics 126
15.2.1 Properties 126
15.2.2 Companies 126
15.3 Lasers 127
15.3.1 Companies 127
15.4 Photocatalysts 128
15.5 Spectrometers 128
15.6 Quantum computing 129

16 COMPANY PROFILES 130-166 (51 company profiles)

16.1 Industry collaborations and partnerships 130
16.2 Producers, types of QDs produced and target markets 133
17 REFERENCES 167

TABLES

Table 1: Overall market assessment for the quantum dots market 16
Table 2: Commercially available quantum dot display products 18
Table 3: Total QD component revenues 2013-2025 ($M), conservative and optimistic estimates 19
Table 4: Impact of market drivers for the quantum dots market 22
Table 5: Categorization of nanomaterials 25
Table 6: Chemical synthesis of quantum dots 29
Table 7: Comparison of graphene QDs and semiconductor QDs 32
Table 8: Synthesis of CQDs and GQDS 33
Table 9: Graphene quantum dot producers 34
Table 10: Applications of carbon quantum dots 35
Table 11: Quantum rod producers 36
Table 12: Potential niche markets for QD products 38
Table 13: Quantum dots market structure 38
Table 14: Markets, benefits and applications of quantum dots 45
Table 15: Total QD component revenues 2013-2025 ($M), conservative and optimistic estimates 47
Table 16: Production of quantum dots 51
Table 17: Example prices of quantum dots 51
Table 18: Overall market assessment for the quantum dots in the displays market 53
Table 19: Impact of market drivers for quantum dots in the LCD TVs/Displays market 55
Table 20: Advantages and disadvantages of LCDs, OLEDs and QDs 56
Table 21: Approaches for integrating QDs into displays 58
Table 22: Commercially available quantum dot display products 65
Table 23: Commercial development and research highlights in quantum dots in LCDs and OLEDs 2013-2016 66
Table 24: Total QD display component revenues 2013-2025 ($M), conservative and optimistic estimates 68
Table 25: Quantum dots product and application developers in displays 70
Table 26: Overall market assessment for the quantum dots in the photovoltaics market 71
Table 27: Impact of market drivers for quantum dots in the photovoltaics market 73
Table 28: Schottky QD Junction solar cells 75
Table 29: Comparison of third generation solar cells 78
Table 30: Market challenges for nanomaterials in solar 79
Table 31: Market challenges rating for nanotechnology and nanomaterials in the solar market 80
Table 32: Commercial development and research highlights in quantum dots in photovoltaics, 2013-2016 80
Table 33: Total QD photovoltaic component revenues 2013-2025 ($M), conservative and optimistic estimates 82
Table 34: Quantum dots product and application developers in photovoltaics 83
Table 35: Overall market assessment for the quantum dots in the LED lighting market 85
Table 36: Market drivers impact rating 87
Table 37: Impact of market drivers for quantum dots in the LED lighting market 87
Table 38: QD-LEDs and External quantum efficiencies (EQE) 90
Table 39: Market challenges rating for nanotechnology and nanomaterials in the lighting and UVC market 91
Table 40: Commercial development and research highlights in quantum dots in LED lighting 2013-2016 91
Table 41: Total QD LED lighting component revenues 2013-2025 ($M), conservative and optimistic estimates 93
Table 42: Quantum dots product and application developers in solid-state lighting 94
Table 43: Overall market assessment for the quantum dots in the biotechnology and medicine market 97
Table 44: Impact of market drivers for quantum dots in the LED lighting market 101
Table 45: Market challenges rating for nanotechnology and nanomaterials in the drug formulation and delivery market 104
Table 46: Market challenges in imaging and diagnostics 105
Table 47: Market challenges rating for nanotechnology and nanomaterials in the medical imaging and diagnostics market 105
Table 48: Commercial development and research highlights in quantum dots in biotechnology and medicine 2013-2016 106
Table 49: Total QD revenues in biotechnology and medicine 2013-2025 ($M), conservative and optimistic estimates 107
Table 50: Quantum dots product and application developers in biomedicine 109
Table 51: Overall market assessment for the quantum dots in the security and anti-counterfeiting market 111
Table 52: Impact of market drivers for quantum dots in the security and anti-counterfeiting market 112
Table 53: Total QD revenues in anti-counterfeiting and security 2013-2025 ($M), conservative and optimistic estimates 114
Table 54: Quantum dots product and application developers in security 115
Table 55: Overall market assessment for the quantum dots in the sensors market 117
Table 56: Impact of market drivers for quantum dots in the sensors market 118
Table 57: Quantum dot sensors and applications 119
Table 58: Total QD revenues in sensors 2013-2025 ($M), conservative and optimistic estimates 122
Table 59: Market challenges rating for nanotechnology and nanomaterials in the sensors market 123
Table 60: Quantum dots product and application developers in sensors 124
Table 61: Quantum dots product and application developers in batteries 126
Table 62: Quantum dots product and application developers in thermoelectrics 126
Table 63: Quantum dots product and application developers in lasers 127
Table 64: Quantum dots collaborations and partnerships 131
Table 65: Product development agreements in quantum dot displays 132
Table 66: Quantum dot producers-Types of dots produced, target markets and estimated revenues 133

FIGURES

Figure 1: Total QD component revenues 2013-2027 ($M), conservative and optimistic estimates 20
Figure 2: Quantum dot schematic 27
Figure 3: The light-blue curve represents a typical spectrum from a conventional white-LED LCD TV With quantum dots, the spectrum is tunable to any colours of red, green, and blue, and each Color is limited to a narrow band 28
Figure 4: Schematic of (a) CQDs and (c) GQDs 33
Figure 5: Technology Readiness Level (TRL) for quantum dots 37
Figure 6: Total QD component revenues 2013-2025 ($M), conservative and optimistic estimates 48
Figure 7: End user markets for QDs 2015, % 49
Figure 8: End user markets for QDs 2025, % 50
Figure 9: Production volumes of quantum dots 2015, by region 52
Figure 10: Samsung QD-LCD TVs 54
Figure 11: Methods for integrating QDs into LCD System (a) On-chip (b) On-edge (c) On-surface 60
Figure 12: On-edge configuration 61
Figure 13: QD-film integration into a standard LCD display 62
Figure 14: Quantum phosphor schematic in LED TV backlight 63
Figure 15: Total QD display component revenues 2013-2025 ($M), conservative and optimistic estimates 69
Figure 16: QD-LCD supply chain 70
Figure 17: (a) Schematic of Schottky barrier quantum dots based solar cell 75
Figure 18: (a) Schematic diagram of Depleted-heterojunction Colloidal Quantum Dots Solar Cells (b) energy band diagram 77
Figure 19: Schematic of QD Solar Cell 77
Figure 20: Doped quantum dot LSC 78
Figure 21: Total QD photovoltaics component revenues 2013-2025 ($M), conservative and optimistic estimates 83
Figure 22: Fourth generation QD-LEDs 89
Figure 23: Total QD LED lighting component revenues 2013-2027 ($M), conservative and optimistic estimates 94
Figure 24: Total QD revenues in biotechnology and medicine revenues 2013-2027 ($M), conservative and optimistic estimates 108
Figure 25: Total QD revenues in in anti-counterfeiting and security 2013-2027 ($M), conservative and optimistic estimates 115
Figure 26: InVisage QuantumFilm schematic 121
Figure 27: Total QD revenues in in sensors 2013-2027 ($M), conservative and optimistic estimates 123
Figure 28: StoreDot battery charger 125
Figure 29: Schematic of QD laser device 127
Figure 30: Quantum dot spectrometer 128


Date of Publication:
Jan 30, 2017
File Format:
PDF via E-mail
Number of Pages:
171 Pages