Light Emitting Diode (LED) Quantum Dots Market Poised for Growth, Expected to Reach USD 30.33 Billion by 2029

Global Light Emitting Diode (LED) Quantum Dots Market, By Type (III-V-Semiconductors, II-VI- Semiconductors, Silicon (Si)), Material (Cadmium-Based, Cadmium-Free), Product (Displays, Lasers, Solar Cells, Medical DevicesPhotodetectors/Sensors, Lighting (LED) Products, Batteries and Energy-Storage Systems, Transistors and Others), Vertical (Consumer, Commercial, Healthcare, Defense, Telecommunications and Others), Techniques (Colloidal Synthesis, Fabrication, Bio-Molecular Self-Assembly, Viral Assembly, Electrochemical Assembly, Bulk Manufacturing), Application (Optoelectronics & Optical Components, Medicine, Agriculture, Healthcare, Alternative Energy)- Industry Trends and Forecast to 2029.

Light Emitting Diode (LED) Quantum Dots Market Analysis and Size

The future global economy is expected to consume more energy, significantly as developing countries such as China and India increase their energy demand. Furthermore, the risk of climate change associated with the use of fossil fuels has made energy supply increasingly difficult. Growing demand for quantum dots in display devices and the energy efficiency offered by quantum dots are some of the factors driving the growth of the light emitting diode (LED) quantum dots market.

Data Bridge Market Research analyses that the light emitting diode (LED) quantum dots market which was growing at a value of 4.37 billion in 2021 and is expected to reach the value of USD 30.33 billion by 2029, at a CAGR of 27.40% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition

Quantum dots, also known as QDs or fluorescent semiconductor nanocrystals, are tiny structures that emit only one colour due to their shape and size. They have broad absorption spectra, a massive stokes shift, high quantum yield, photo stability, and molar extinction coefficients, and emission wavelengths that range from ultraviolet (UV) to infrared (IR) QDs are gradually replacing traditional fluorophores in microarrays, immunoassays, fluorescence imaging, targeted drug delivery, and therapy.

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Global Light Emitting Diode (LED) Quantum Dots Market Dynamics

Drivers

Cost effective and environmental friendly
Quantum dot solar cells (QDSC) convert the sun's energy into electricity, increasing the amount of electricity produced by the solar cells. This aids in the cost-effective production of solar energy while reducing the amount of waste heat generated in the process. Furthermore, the size and composition of tiny, semiconducting quantum dots make them suitable for a wide range of applications. In the medical field, for example, these nanoparticles are used in a variety of biomedical applications, such as medical imaging and biosensors. Aside from that, quantum dots allow researchers to study cell processes and improve the diagnosis and treatment of chronic diseases such as cancer.

Research and development activities and integration of quantum dots
The ongoing research into the use of quantum dots in displays ranging from small to large television screens, which would consume less power than is currently used in displays, is also propelling market growth. Researchers are also putting effort into developing efficient and universal methods for producing Graphene Quantum Dots (GQDs) with high stability, tunable P.L. emission wavelengths, and controllable surface properties. Furthermore, the integration of Q.D.s with various nanomaterials such as noble metal nanoparticles, carbon allotropes, upconversion nanoparticles (UCNPs), metal oxides, and metal-organic frameworks (MOFs) has provided new opportunities and possibilities in the fields of nanoscience and nanotechnology.

Opportunities

The increasing use of quantum dots in light emitting diode (LED) lighting and the growing demand for larger-sized and higher-resolution displays will create several opportunities for the light emitting diode (LED) quantum dots market during the forecast period.

Restraints

The scarcity of rare-earth materials will impede the light emitting diode (LED) quantum dots market growth during the forecast period. The lack of consumer awareness about the benefits of quantum dot technology will pose a challenge to the growth of the light emitting diode (LED) quantum dots market.

This light emitting diode (LED) quantum dots market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the light emitting diode (LED) quantum dots market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Light Emitting Diode (LED) Quantum Dots Market

The COVID 9 has had an impact on production rates, supply chain, demand, and supply ratios in a variety of industrial verticals. Due to the imbalance in demand and supply, the manufacturers of quantum dots were also greatly impacted by the pandemic. However, while the medical sectors have been increasingly focused on dealing with casualties, the medical industry is also focusing on incorporating advanced technologies to help with disease diagnosis. The nanoparticles of quantum dots have been used in a variety of biomedical applications such as medical imaging machines, biosensors, and medical researchers are using quantum dots to diagnose cell structure, changes in cell structure, cancer diagnosis, and other chronic illnesses. The retail and commercial sectors were severely impacted by the pandemic, but have recently experienced growth as governments in various countries relaxed norms and regulations. Following the pandemic, the demand for displays and advertising is increasing; these factors are expected to drive the growth of the light emitting diode (LED) quantum dots Market during the forecast period.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

In October 2019 Samsung invested US$ 11 billion in the world's first dedicated quantum dot display manufacturing facility. The new production unit is scheduled to begin operations in early 2021, with a monthly capacity of 30,000 quantum dot display substrates.
In January 2019 Hewlett-Packard announced the launch of the world's first quantum dot display on glass. In addition, the company introduced its new "Pavilion 27" monitors with quantum dot displays.
In February 2019 Nanosys successfully printed displays in their laboratories using ink jet technology, demonstrating its revolutionary quantum efficiency for heavy metal-free red, green, and blue QDEL systems. This is a significant advancement in quantum dot engineering for the next decade.


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Global Light Emitting Diode (LED) Quantum Dots Market Scope

The light emitting diode (LED) quantum dots market is segmented on the basis of type, material, product, vertical, techniques and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

Optoelectronics & Optical Components
Medicine
Agriculture
Healthcare
Alternative Energy


Light Emitting Diode (LED) Quantum Dots Market Regional Analysis/Insights

The light emitting diode (LED) quantum dots market is analyzed and market size insights and trends are provided by country, type, material, product, vertical, techniques, and application as referenced above.

The countries covered in the light emitting diode (LED) quantum dots market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific light emitting diode (LED) quantum dots market is expected to grow at the fastest rate. For quantum dots technology, Asia Pacific is still a developing market. However, the presence of major players in the Asia Pacific market, such as Samsung Electronics, Sony Corporation, and L.G., is expected to drive the growth of the Asia Pacific quantum dots market. Japan and South Korea will drive the market in terms of technology and innovation because they are technologically advanced in the field of electronics and semiconductor devices.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Light Emitting Diode (LED) Quantum Dots Market Share Analysis

The light emitting diode (LED) quantum dots market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to light emitting diode (LED) quantum dots market.

Some of the major players operating in the light emitting diode (LED) quantum dots market are:

Zumtobel Group AG (Austria)
Eaton (Ireland)
Dialight. (U.K.)
Advanced Lighting Technologies, LLC (U.S.)
AIXTRON (Germany)
OSRAM SYLVANIA Inc. (U.S.)
TOYODA GOSEI Co., Ltd. (Japan)
Digital Lumens, Inc. (U.S.)
Emerson Electric Co. (U.S.)
Signify Holding. (Netherlands)
GENERAL ELECTRIC (U.S.)
Schneider Electric (France)
ACUITY BRANDS LIGHTING, INC. (U.S.)
Hubbell (U.S.)
Ushio America, Inc. (U.S.)
Litetronics International, Inc. (U.S.)
Cree Lighting. (U.S.)
LG INNOTEK. (South Korea)
Leviton Manufacturing Co., Inc. (U.S.)


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