Global Market for Quantum Dots to Reach $3.1 Billion in 2018
Wellesley, Mass., (PRWEB) May 05, 2014
BCC Research (http://www.bccresearch.com) reveals in its new report, QUANTUM DOTS: GLOBAL MARKET GROWTH AND FUTURE COMMERCIAL PROSPECTS, the global market for quantum dots is expected to grow to $3.1 billion by 2018, with a five-year compound annual growth rate (CAGR) of 90.8%. The optoelectronics market, the fastest growing segment overall, is moving at a phenomenal 179.2% CAGR.
Quantum dots are a unique subset of nanomaterials characterized by their extraordinary quantum confinement behavior, which can significantly transform optical, electronic, magnetic, or even chemical properties. Optoelectronics is the largest segment of the overall market and is projected to grow to $1.69 billion by 2018.
The solar energy category, the second largest segment, is projected to reach $640 million in 2018 and register a CAGR of 100%.
“At particle dimensions of less than 10 nm for semiconductors, and even smaller dimensions for metals, quantum confinement effects lead to unprecedented changes in the properties of these materials compared with their bulk counterparts,” said BCC Research nanotechnology analyst John Oliver. “It is the harvesting of this unique behavior that promises a new generation of nanomaterials impacting a wide range of technological applications that embraces, for example, electronics, optics, optoelectronics, biochemistry, and biomedicine.”
QUANTUM DOTS: GLOBAL MARKET GROWTH AND FUTURE COMMERCIAL PROSPECTS provides an overview of the global markets for quantum dots and their future commercial prospects, including analyses of global market trends, with data from 2013 and projections of CAGRs through 2018. It presents information especially valuable to individuals and organizations seeking more insight into the current status of QDs, their stand-alone capabilities within the spectrum of nanomaterials, as well as to nanomaterials manufacturers, investors seeking near-term commercialization opportunities, and technologists confronted with nanomaterial device integration issues. The study also provides insight into how to exploit the use of quantum dots in the biological, biomedical, electronics, energy, optics, optoelectronics, and security applications industries.
This report is intended for individuals and organizations seeking more insight into the current status of QDs, their stand-alone capabilities within the spectrum of nanomaterials and time-to-market commercial development. In addition, it will prove valuable to nanomaterials manufacturers, investors seeking near-term commercialization opportunities, technologists, and companies specifically interested in exploiting QDs in biological, biomedical, electronics, energy, optics, optoelectronics, and security applications.
Editors and reporters who wish to speak with the analyst, should contact Steven Cumming at steven.cumming(at)bccresearch(dot)com.
About BCC Research
BCC Research publishes market research reports that make organizations worldwide more profitable with intelligence that drives smart business decisions. These reports cover today's major industrial and technology sectors, including emerging markets. For more than 40 years we've helped customers identify new market opportunities with accurate and reliable data and insight, including market sizing, forecasting, industry overviews, and identification of significant trends and key competitors. We partner with analysts who are experts in specific areas of industry and technology, providing unbiased measurements and assessments of global markets. Our clients include the top companies in industries around the world as well as universities, business schools, start-ups, consulting firms and investment companies. BCC Research is a unit of Eli Research LLC. Visit our website at http://www.bccresearch.com. Contact us: (+1) 781-489-7301 (U.S. Eastern time), or email information(at)bccresearch(dot)com.
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