Quantum Dots: Growth, Maturity and Commercial Prospects
September 09, 2008
Wellesley, Mass—According to a new technical market research report, QUANTUM DOTS: GROWTH, MATURITY AND COMMERCIAL PROSPECTS (NAN027B) from BCC Research, the global market for quantum dot (QD) technology is expected to be worth $28.6 million in 2008. This will increase to over $721.1 million in 2013, a compound annual growth rate (CAGR) of 90.7%.
The market is broken down into the application segments of stand-alone colloidal QDs, electronics, optoelectronics, optics and solar energy. Stand-alone colloidal QDs are the only currently active segment, with expected revenues of $28.6 million in 2008. This should increase to over $106.0 million in 2013 for a CAGR of 30.0%.
Following the initially modest revenues generated by standalone colloidal QDs, primarily serving the life sciences, academic and other industrial research and development communities, within the next two years several product launches with colloidal or in-situ QD underpinning will bolster market revenue considerably.
Segments expected to launch in 2009 include electronics and optics. The optics segment will show larger growth, as QD-based lasers and other optical components impact telecommunication applications. This segment is expected to be worth $52.0 million in 2010, increasing to over $212.0 million in 2013, for a CAGR of 59.8%.
The electronics segment will see the launch of first generation QD-based flash memory products and is slated to generate $45.8 million in 2010 and $61.0 million in 2013, for a CAGR of 10.0%.
Quantum dots for applications in optoelectronics and solar energy are expected to launch in 2010. Estimated revenues for the optoelectronics segment in 2011 are $90.0 million. This should increase to $245.7 million in 2013, a CAGR of 65.2%. The solar energy segment should see revenues of $74.1 million in 2011 and increase to $96.3 million in 2013, for a CAGR of 14.0%.
It is projected that in all of these markets the combined forces of technology push and market pull, due in part to the growing involvement of multinational companies, will lead to a marked increase in both colloidal and in-situ QD production.
Quantum Dots: Technical Status and Market Prospects( NAN027B )
Publish Date: Sep 2008
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