Global Quantum Dots Market in Solid State Lighting, Solar Cells and D Global Quantum Dots Market in Solid State Lighting | Page 9

EXECUTIVE SUMMARY
Quantum Dots are nanocrystals made from semiconductor materials which are unique material
slowly penetrating different fields in optoelectronic and photovoltaics. The global quantum dots
market is expected to increase from just around $235m in 2013 to around $2.85bn by 2018.
Quantum dots have an inverse relation with respect to their size and band gap and this result in
their key optical property of change in color. As the dot size decreases, the color of light emitted
changes from red to blue. Quantum dots though commercialized in almost areas but the
products are yet to be released in the market due to the high costs and mass production
limitations. This is slowly expected to change and QD based products are expected to reach the
market soon.
The Quantum Dots equipment and services market is slated to grow at 64.7% CAGR for the
next five years. The market is estimated to reach $2.85bn by 2018.

TABLE :4 Global Quantum Dots Market Revenue, 2013 – 2018 ($M)
Region

2013

2015

2017

2018

CAGR (%)

North America
APAC
Europe (Includes
Russia)
Middle East

xx
xx

xx
xx

xx
xx

xx
xx

2013-2018
xx
xx

xx

xx

xx

xx

xx

xx

xx

xx

xx

xx

Others

xx

xx

xx

xx

xx

235

637.6

xx

2,850

64.7%

Total

Source: IndustryARC Analysis

The demand for Quantum Dots applications are growing at a very fast pace across the globe.
The Global Quantum Dots market is also witnessing increasing applications in biology and
Displays. The market however is going face a challenge due to high cost with 5grams costing
almost $200. Solid State Lighting is expected to be the major market occupying almost 70% of
the market by 2020.

IndustryARC | 9