Global Market for Quantum Dots

The Global Market for Quantum Dots 2017-2027

Future Markets, Date of Publication: Sep 22, 2017, 189 Pages
US$1,225.00
FM2850

Since their synthesis over 30 years ago, Quantum Dots (QDs) have featured in a range of optoelectronic devices, including TVs and displays, 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.

Quantum dots market revenues

The global quantum dots (QD) market will be potentially valued at more than $20 billion at the components level by 2027. The optoelectronics market represents the vast majority of this figure, chiefly High Definition TVs-QLED-TVs. Most major consumer electronics companies ship QLED TVs including Samsung, Sony, Philips, Sharp, Hisense, TCL and Vizio. Samsung is the market leader and introduced several new models in 2017.  We also look at how recent regulatory developments on cadmium-free quantum dots have affected the market.

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 labeling 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 two years. In early 2017, major manufacturers including Samsung, TPV Philips, TCL and Hisense announced new display products featuring quantum dots.

Quantum dots market drivers

Market drivers for adoption of QDs include growth in consumer demand for high-definition displays and TVs at a 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 bioproducts, 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 189-page analysis report on the quantum dots market is now in its 8th edition (First edition 2009). Contents include:

  • 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 QLED TVs and 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 60 company profiles. 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 high definition TV demand 16
2.1.1 QD advantages and definition of QLED 18
2.2 Market growth since 2013 19
2.3 QD-TVs in 2017 20
2.4 Cadmium vs. cadmium free 22
2.4.1 Cadmium QDs 22
2.4.2 Cadmium-free QDs 22
2.4.3 Recent regulatory rulings 23
2.4.4 Perovskite quantum dots 23
2.5 Quantum Dot Revenues 23
2.6 Market drivers 25
2.6.1 Growth of the high definition displays market in consumer electronics 25
2.6.2 Cheaper than OLED 25
2.6.3 Growth in the renewable and low-power consumption energy market 25
2.6.4 Need for improved, easy to use medical diagnostics and imaging 26
2.6.5 Growth in anti-counterfeiting market 26
2.6.6 Need for improved sensors 26
2.7 Market challenges 27
2.7.1 Restrictions on cadmium 27
2.7.2 Cost 27
2.7.3 Scalability 27
2.7.4 Competition from OLED in displays 27
2.7.5 Dispersion and solubility 28

3 NANOMATERIALS

3.1 Properties 29
3.2 Categorization 30

4 QUANTUM DOTS

4.1 Properties 31
4.2 Synthesis 33
4.3 Types 35
4.3.1 Cadmium Selenide, Cadmium Sulfide and other materials 35
4.3.2 Cadmium free quantum dots 35
4.3.3 Graphene quantum dots 35
4.3.3.1 Synthesis 37
4.3.3.2 Applications 38
4.3.3.3 Pricing 41
4.3.3.4 Producers 41
4.3.4 Carbon quantum dots (CQds) 42
4.3.4.1 Properties 42
4.3.4.2 Applications 42
4.3.5 Quantum rods 42
4.3.5.1 Properties 42
4.3.5.2 Applications 43
4.3.5.3 Producers 43

5 TECHNOLOGY READINESS LEVEL (TRL)

6 QUANTUM DOTS MARKET STRUCTURE

7 QUANTUM DOTS REGULATIONS

7.1 Europe 47
7.1.1 Cadmium exemption in TVs and lighting 48
7.1.2 August 2017 ruling 49
7.2 United States 49
7.2.1 Low Volume Exemption (LVE) 50
7.2.2 New Chemicals Program 50
7.3 Asia 50

8 MARKET SEGMENT ANALYSIS, BY END USER MARKET

8.1 Revenues 2013-2027 54
8.2 Production and prices 57
8.3 Market for quantum dots, by region 58

9 QUANTUM DOTS IN LCD TVS/DISPLAYS

9.1 Market drivers and trends 59
9.1.1 Improved performance with less power . 61
9.1.2 Lower cost compared to OLED 61
9.2 Benefits of using quantum dots 62
9.2.1 LCDS vs. OLEDs vs. QD-LCDs/QLEDs 62
9.2.2 QD-LCD TVs/QLEDs 64
9.3 Synthesis and manufacturing 65
9.3.1 Integration into LCDs 65
9.3.2 On-edge (edge optic) 67
9.3.3 On-surface (film) 68
9.3.4 On-chip 68
9.3.5 Quantum rods 70
9.3.6 Quantum converters with red phosphors 71
9.4 QD-LCD products 72
9.4.1 Commercialization timeline for quantum dot display products 72
9.5 Industry and research developments 2013-2017 76
9.6 Market size and opportunity 78
9.7 Companies 81

10 QUANTUM DOTS IN PHOTOVOLTAICS

10.1 Market drivers and trends 83
10.1.1 Rising demand for solar power 83
10.1.2 Need for cost-effective solar energy for wider adoption 83
10.1.3 Need for new materials to overcome conventional silicon solar cell shortcomings 84
10.2 Benefits of using quantum dots 85
10.2.1 Metal—semiconductor/ Schottky QD junction solar cell 86
10.2.2 Silicon/QD Film Hydrid Solar Cells 87
10.2.3 Silicon/Graphene QD Film Hydrid Solar Cells 87
10.2.4 Depleted-heterojunction QD solar cell 87
10.2.5 QD-sensitized solar cells (QDSSC) . 88
10.3 Market challenges 90
10.4 Industry and research developments 2013-2017 92
10.5 Market size and opportunity 93
10.6 Companies 95

11 QUANTUM DOTS IN LED LIGHTING

11.1 Market drivers and trends 97
11.1.1 Need to develop low-cost lighting 97
11.1.2 Environmental regulation 98
11.1.3 Limited efficiency of phosphors in LEDs 98
11.1.4 Shortcomings with LED lighting technologies 99
11.1.5 Improving flexibility 99
11.1.6 Improving performance and costs of UV-LEDs 99
11.2 Benefits of using quantum dots 99
11.2.1 Horticultural lighting 103
11.3 Market challenges 103
11.4 Industry and research developments 2013-2017 104
11.5 Market size and opportunity 105
11.6 Companies 107

12 QUANTUM DOTS IN BIOTECHNOLOGY AND MEDICINE

12.1 Market drivers and trends 109
12.1.1 Modern healthcare demands for novel diagnostic tools 109
12.1.2 Growth in the handheld point-of-care market 110
12.1.3 Universal to individualized medicine 110
12.1.4 Growth in the wearable monitoring market 110
12.1.5 Need for improved medical imaging 111
12.1.6 Need for improved drug delivery 112
12.1.7 Limitations of conventional treatments 112
12.1.8 Increase in global cancer problem 113
12.1.9 Shortcomings of chemotherapies 113
12.2 Benefits of using quantum dots 113
12.2.1 Imaging and diagnostics 114
12.2.1.1 Biomarkers 115
12.2.1.2 Photodynamic therapy 115
12.2.1.3 Point-of-care 115
12.2.2 Drug delivery 115
12.3 Market challenges 116
12.4 Industry and research developments 2013-2017 117
12.5 Market size and opportunity 118
12.5.1 Imaging and diagnostics 118
12.5.2 Drug delivery 119
12.6 Companies 120

13 QUANTUM DOTS IN SECURITY AND ANTI-COUNTERFEITING

13.1 Market drivers and trends 122
13.1.1 Growth in counterfeiting and need for improved security 122
13.1.2 Combating counterfeiting in 3D Printing 122
13.1.3 Threat detection and prevention 122
13.1.4 Increased use of electronic devices in military and security 123
13.2 Benefits of using quantum dots 123
13.3 Market size and opportunity 124
13.4 Companies 126

14 QUANTUM DOTS IN SENSORS

14.1 Market drivers and trends 127
14.1.1 Increased demand for chemical and biosensors 127
14.1.2 Enhanced sensitivity 127
14.1.3 Growth in the home diagnostics and point of care market 128
14.2 Benefits of using quantum dots 128
14.2.1 Food sensors 129
14.2.2 Chemical and gas sensors 129
14.2.3 Biosensors 130
14.2.4 Image sensors 131
14.3 Market size and opportunity 131
14.4 Market challenges 133
14.5 Companies 134

15 OTHER MARKETS AND APPLICATIONS

15.1 Batteries 134
15.1.1 Properties 134
15.1.2 Companies 134
15.2 Thermoelectrics 135
15.2.1 Properties 135
15.2.2 Companies 136
15.3 Lasers 136
15.3.1 Companies 137
15.4 Photocatalysts 137
15.5 Spectrometers 137
15.6 Quantum computing 138

16 COMPANY PROFILES

16.1 Industry collaborations and partnerships . 139
16.2 Producers, types of QDs produced and target markets 142
16.3 Quantum dot producers 144-171 (49 company profiles)
16.4 Quantum dot application and product developers 172-179 (22 company profiles)


TABLES

Table 1: Overall market assessment for the quantum dots market 16

Table 2: Commercially available quantum dot display products 19

Table 3: Quantum dot TVs launched in 2017 21

Table 4: Total QD-based component revenues 2013-2027 ($M), conservative and optimistic estimates 24

Table 5: Impact of market drivers for the quantum dots market 26

Table 6: Categorization of nanomaterials 30

Table 7: Chemical synthesis of quantum dots 33

Table 8: Comparison of graphene QDs and semiconductor QDs 36

Table 9: Graphene quantum dot producers 41

Table 10: Applications of carbon quantum dots 42

Table 11: Quantum rod producers 43

Table 12: Potential niche markets for QD products 45

Table 13: Quantum dots market structure 45

Table 14: Markets, benefits and applications of quantum dots 51

Table 15: Total QD-based component revenues 2013-2027 ($M), conservative and optimistic estimates 54

Table 16: Production of quantum dots 57

Table 17: Example prices of quantum dots 57

Table 18: Overall market assessment for the quantum dots in the TV/displays market 59

Table 19: Impact of market drivers for quantum dots in the LCD TVs/Displays market 62

Table 20: Advantages and disadvantages of LCDs, OLEDs and QDs 63

Table 21: Approaches for integrating QDs into displays 66

Table 22: Commercialization timeline for QD display products 72

Table 23: Commercially available quantum dot display products 75

Table 24: Commercial development and research highlights in quantum dots in LCDs and OLEDs 2013-2017 76

Table 25: QD-TV unit sales 2015-2027, conservative and optimistic estimates 79

Table 26: Quantum dots product and application developers in displays 81

Table 27: Overall market assessment for the quantum dots in the photovoltaics market 82

Table 28: Impact of market drivers for quantum dots in the photovoltaics market 84

Table 29: Schottky QD Junction solar cells 87

Table 30: Comparison of third generation solar cells . 89

Table 31: Market challenges for nanomaterials in solar 91

Table 32: Market challenges rating for quantum dots in the solar market 91

Table 33: Commercial development and research highlights in quantum dots in photovoltaics, 2013-2017 92

Table 34: Total QD photovoltaic component revenues 2013-2027 ($M), conservative and optimistic estimates 94

Table 35: Quantum dots product and application developers in photovoltaics 95

Table 36: Overall market assessment for the quantum dots in the LED lighting market 97

Table 37: Impact of market drivers for quantum dots in the LED lighting market 99

Table 38: QD-LEDs and External quantum efficiencies (EQE) 102

Table 39: Market challenges rating for quantum dots in the lighting and UVC market 103

Table 40: Commercial development and research highlights in quantum dots in LED lighting 2013-2017 104

Table 41: Total QD LED lighting component revenues 2013-2027 ($M), conservative and optimistic estimates 105

Table 42: Quantum dots product and application developers in solid-state lighting 107

Table 43: Overall market assessment for the quantum dots in the biotechnology and medicine market 109

Table 44: Impact of market drivers for quantum dots in the biotech and medicine market 113

Table 45: Market challenges in imaging and diagnostics 116

Table 46: Market challenges rating for quantum dots in the medical imaging and diagnostics market 117

Table 47: Commercial development and research highlights in quantum dots in biotechnology and medicine 2013-2016 117

Table 48: Total QD revenues in biotechnology and medicine 2013-2027 ($M), conservative and optimistic estimates 119

Table 49: Quantum dots product and application developers in biomedicine 120

Table 50: Overall market assessment for the quantum dots in the security and anti-counterfeiting market 121

Table 51: Impact of market drivers for quantum dots in the security and anti-counterfeiting market 123

Table 52: Total QD revenues in anti-counterfeiting and security 2013-2027 ($M), conservative and optimistic estimates 125

Table 53: Quantum dots product and application developers in security 126

Table 54: Overall market assessment for the quantum dots in the sensors market 126

Table 55: Impact of market drivers for quantum dots in the sensors market 128

Table 56: Quantum dot sensors and applications 128

Table 57: Total QD revenues in sensors 2013-2027 ($M), conservative and optimistic estimates. 132

Table 58: Market challenges rating for quantum dots in the sensors market 133

Table 59: Quantum dots product and application developers in sensors 134

Table 60: Quantum dots product and application developers in batteries 135

Table 61: Quantum dots product and application developers in thermoelectrics 136

Table 62: Quantum dots product and application developers in lasers 137

Table 63: Quantum dots collaborations and partnerships 140

Table 64: Product development agreements in quantum dot displays 141

Table 65: Quantum dot producers-Types of dots produced, target markets and estimated revenues 142


FIGURES

Figure 1: QLED TV from Samsung 17

Figure 2: 5” QLED prototype with 320x240 (80ppi) resolution and a 14” QLED prototype with 960x540 (80ppi) resolution 18

Figure 3: Samsung QDs utilized in 2017 range of QLED TVs 21

Figure 4: Philips 8602 QD TV 21

Figure 5: Perovskite quantum dots under UV light 23

Figure 6: Total QD component revenues 2013-2027 ($M), conservative and optimistic estimates. 24

Figure 7: Quantum dot schematic 32

Figure 8: 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 32

Figure 9: Schematic of (a) CQDs and (c) GQDs. HRTEM images of (b) C-dots and (d) GQDs showing combination of zigzag and armchair edges (positions marked as 1–4) 37

Figure 10: Green-fluorescing graphene quantum dots 40

Figure 11: Graphene quantum dots 41

Figure 12: Technology Readiness Level (TRL) for quantum dots 44

Figure 13: Total QD component revenues 2013-2027 ($M), conservative and optimistic estimates 55

Figure 14: End user markets for QDs 2015, % 55

Figure 15: End user markets for QDs 2027, % 56

Figure 16: Production volumes of quantum dots 2016, by region 58

Figure 17: Samsung QD-LCD TVs, UHD range 60

Figure 18: Samsung QLED TV range 61

Figure 19: Quantum dot LED backlighting schematic 65

Figure 20: Methods for integrating QDs into LCD System. (a) On-chip (b) On-edge. (c) On-surface 67

Figure 21: On-edge configuration 68

Figure 22: QD-film integration into a standard LCD display 68

Figure 23: QD display market by type 2016., % 69

Figure 24: QD display market by type 2027., % 70

Figure 25: LCD using Quantum rods (right) versus a standard LCD 71

Figure 26: Quantum phosphor schematic in LED TV backlight 72

Figure 27: Samsung CF791 QD monitor 73

Figure 28: Acer Z271UV Quantum Dot monitor 74

Figure 29: QD-TV unit sales 2015-2027, conservative estimate 79

Figure 30: QD-TV unit sales 2015-2027, optimistic estimate 80

Figure 31: QD Monitor Unit sales 2015-2027 80

Figure 32: QD-LCD supply chain 81

Figure 33: (a) Schematic of Schottky barrier quantum dots based solar cell 86

Figure 34: (a) Schematic diagram of Depleted-heterojunction Colloidal Quantum Dots Solar Cells. (b) energy band diagram 88

Figure 35: Schematic of QD Solar Cell 89

Figure 36: Doped quantum dot LSC 89

Figure 37: Total QD photovoltaics component revenues 2013-2027 ($M), conservative and optimistic estimates 95

Figure 38: Fourth generation QD-LEDs 101

Figure 39: Total QD LED lighting component revenues 2013-2027 ($M), conservative and optimistic estimates 106

Figure 40: Total QD revenues in biotechnology and medicine revenues 2013-2027 ($M), conservative and optimistic estimates 120

Figure 41: Total QD revenues in in anti-counterfeiting and security 2013-2027 ($M), conservative and optimistic estimates 125

Figure 42: InVisage QuantumFilm schematic 131

Figure 43: Total QD revenues in in sensors 2013-2027 ($M), conservative and optimistic estimates 133

Figure 44: StoreDot battery charger 135

Figure 45: Schematic of QD laser device 136

Figure 46: Quantum dot spectrometer 137

Date of Publication:
Sep 22, 2017
File Format:
PDF via E-mail
Number of Pages:
189 Pages