Quantum Dots Enabled Product Market is Expected to Reach $5.69 Billion by 2022 Endorsed by Significant Growth in Patenting Activity
Global Quantum Dots Market - Business and Patent landscape report, 2018 to 2022 published by Ahead Intelligence
NEW YORK, July 31, 2018 /PRNewswire-PRWeb/ -- Global Quantum Dots Market – Business and Patent landscape report, 2018 to 2022 published by Ahead Intelligence estimate Quantum Dots enabled product and patent market to reach $5.69 billion by 2022 at a CAGR of 34.06%. Patent landscape analysis confirms the market interest with increase in patenting activity at a CAGR of 10.08 percent over the period from 2007 to 2016.
In this report the global QDs market has been segmented by product/technology, material composition, industry application and geographical region. In depth market and patent analysis has been conducted for each market segment to provide critical insights on prospective growth opportunities, critical players and the market drivers promoting production and consumption of QDs based devices. The report uses porter's five forces model to analyze bargaining power of suppliers, buyer power, and threat of new entrants in the market, threat of substitute products as well as competitive rivalry.
APAC Market is forecasted to assume the top position in revenue generation by 2022
This report offers a comprehensive perspective on the Quantum Dots market growth regarding revenue (in US$ million) across major geographical regions, namely Americas; Europe, Middle East and Africa (EMEA) and APAC (Asia Pacific). In 2014, Americas led the QD market with 56.83 percent of market revenue share emerging from this region, followed by Europe with 33.28 percent while APAC still being a new market at 9.89 percent. However, in 2017 APAC's contribution to the market revenue rose to 27.99 percent which makes it the second biggest geographical region regarding QDs dynamics. APAC is forecasted to assume the top position in revenue generation by 2022.
Owing to the unique optoelectrical properties, QDs are beginning to make commercial inroads into Defense and Security Segments
Remarkable R&D activities are taking place in this segment. 3DIcon is a developer of 3D projection and display technology designed to produce full color, 360-degree volumetric images. The company has developed a 3D display technology prototype CSpace which employs QDs technology for enhanced light performance. It creates both dense and translucent images and will be used for viewing inside cargo containers and baggage, and will also generate images for large scale terrains such as oceans, mountains, and deserts. These images cannot be developed using current display technologies and targets niche application in security and defense.
Patent Application trends show a fast rise in R&D investments in use of QDs in biomedical devices such as probes and sensors
The Quantum Dots Patent landscape analysis confirms the market interest with increase in patenting activity at a CAGR of 10.08 percent over the period from 2007 to 2016. Samsung and LG are the pioneers in research and development. TCL group and BOE Technology Group are the new entrants in QDs technology with significant patenting activity after 2014. R&D towards application of QDs in biomedical devices like probes and sensors is providing a boost to patent applications in this segment. Majority activity in R&D is taking place in APAC with China leading the way. One of the critical emerging geographies from technology innovation perspective is India which is showing trends of active patent fillings at a CAGR of 43 percent. United States has the second largest QDs patent portfolio but is showing a decline in interest over the years with patent CAGR being negative.
QDs supply market is dominated by four principal players viz. Quantum Materials Corporation (QMC), Nanoco, Nanosys, and NN-Labs LLC. Mass produced QDs are supplied primarily to OEMs in display segment. Significant market share for QDs products is distributed between three major OEMs; Samsung, LG, and TCL. Companies such as eBioscience, InVisage, Nanoco Technologies, NN-Labs, Selah Technologies and Plasmachem are the newer firms focusing on developing QDs imaging reagents to meet the growing market demand.
About Ahead Intelligence (AheadIntel) ™
Ahead Intelligence (AheadIntel) is a technology and patent research company providing premium, comprehensive technology research on different topics. We combine IP intelligence with business and market insights to give you the complete picture around a technology space. All our reports come with interactive dashboards that give you access to the patent data and allow you to dig deeper insights into the technology space.
SOURCE Ahead Intelligence
Share this article