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The quantum dots market is expected to register a CAGR of over 61.7% during the forecast period (2019NEW YORK, Sept. 3, 2019 /PRNewswire/ -- Market Overview - Colloidal quantum-dot LED with quantum and power conversion efficiencies in the infrared range has proven that these devices can also be integrated in inorganic solar cells and may lead to even higher efficiencies. This triggered a vast number of applications including surveillance, night vision, environmental monitoring and spectroscopy. - In May, 2018, Osram Licht AG company increased the efficiency of green LEDs by 40%, which leads to longer battery life for fitness trackers, since the significant drop in light output exhibited by green LEDs has often been the cause of efficiency problems and high costs in customer applications. Asia-Pacific to Execute a Significant Growth Rate - The quantum dots market in Asia-Pacific is expected to grow at the highest during the forecast period. Due to the inclination of consumers to adopt technologically advanced products and various universities and organizations in this region are involved in R&D of the QD technology, specifically in the display market. - Surging demand from optoelectronics and solar energy applications is also the key growth factor for this geography. Due to unique optical properties such as high quantum yield, emission tenability, narrow emission band, and optical stability is making quantum dots preferred materials for display and lighting solutions. - In the coming years there is an increasing demand for quantum dots display in the regions of Asia-Pacific, especially in China which is expected to drive the market for more quantum dots display. Increasing of TV, monitor and smartphone industry expenditures with the introduction of new products is increasing the adoption of quantum dots display, which will enhance the quantum dots market. Competitive Landscape The quantum dots market is highly fragmented and the major players have used various strategies such as expansions, new product launches, joint ventures, agreements, partnerships, acquisitions and others to increase their footprints in this market. Key players in the market are Nanosys Inc., NN-Labs LLC, Ocean NanoTech, etc. Recent developments in the market are - - April 2019 - Leading American cadmium-free quantum dot and nanomaterials manufacturer Quantum Materials Corp. produced a 100% cadmium-free 55 inch QDX quantum dot display technology that achieves an industry-leading 95% Rec. This superior level of performance is achieved by utilizing the Company's proprietary quantum dot enhanced film while eliminating the costly barrier film previously necessary for QD-based display designs. - Feb 2019 - Nanosys demonstrated breakthrough quantum efficiency for heavy metal-free red, green and blue QDEL devices, and has successfully printed displays using ink jet technology in their labs. This will be the advancements in next-generation quantum dot technology. Reasons to Purchase this report: - The market estimate (ME) sheet in Excel format - Report customization as per the client's requirements - 3 months of analyst support Download the full report: https://www.reportbuyer.com/product/5797262/?utm_source=PRN About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-quantum-dots-market-is-expected-to-register-a-cagr-of-over-61-7-during-the-forecast-period-2019--300910905.html SOURCE ReportBuyer |