Quantum Dots Market Worth $3,414.54 Million by 2020
Quantum Dots market is expected to grow from $108.41 million that it accounts for, currently, in 2013 to $3,414.54 million in 2020, at a CAGR of 71.13% from 2014 to 2020. Optoelectronics application is expected to be the major market share holder with an expected revenue generation of $2,458.47 million in 2020.
Quantum Dots (QD) is the most advanced area of "semiconductor nanoparticles", Wherein a host of massive research activities are being undertaken, currently. QDs are semiconductor nanoparticles, and, as the name suggests, come in sizes ranging from 2 nm to 10 nm. Due to their miniature property; they are highly versatile and flexible. The uniqueness of QD material lays in the fact that its power intensity depends on the input source and size of QD. There are several ways to confine excitons in semiconductors, resulting in different methods to produce quantum dots. In general, quantum wires, wells, and dots are grown by advanced epitaxial techniques in nanocrystals produced by chemical methods or by ion implantation, or in nanodevices created from state-of-the-art lithographic techniques.
The QD market is expected to grow from $108.41 million that it accounts for, currently, in 2013 to $3,414.54 million in 2020, at a CAGR of 71.13% from 2014 to 2020. Optoelectronics application is expected to be the major market share holder with an expected revenue generation of $2,458.47 million in 2020.
Healthcare industry is one of the key areas of QD technology. There are numerous applications in the biomedical and biotechnology field that are already being exposed to QD technology and hence, it accounts for the largest percentage of the QD market, on the whole. Applications in biomedical and biotechnology fields are expected to increase as and when the technology progresses.
Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications' web site: http://www.electronics.ca/store/quantum-dots-qd-global-market-report-forecast-and-analysis.html
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