Quantum Dots: Technical Status and Market Prospects
- The global market for quantum dot (QD) technology generated an estimated $28.6 million in 2008. This is expected to increase at a compound annual growth rate (CAGR) of 90.7% to reach $721.1 million in 2013.
- QDs in the optoelectronics sector are expected to have the largest market share in 2013, worth $245.7 million.
- Stand alone colloidal QDs were the only market sector in 2008, worth $28.6 million. This should increase at a CAGR of 30% to reach $106.1 million in 2013.
- An extensive updated patent analysis
- An in-depth assessment of the unfolding commercial markets
- Progress in the synthesis and commercial scaleup by QD producers
- Updated company profiles of the synthesizers and end users dictating market development
- Updated 5-year market projection analysis of the emerging QD market
From a total global market of but $10 million in 2004, revenue is projected to reach $500 million by 2009, at an average annual growth rate (AAGR) of well over 100%.
During the period, applications of QDs will become more pervasive, transcending electronics, optoelectronics, optics, energy and many other industrial sectors.
Market and technological evolution will cut pricing from $3,000 to $10,000 per gram today to $250/kg.
The first products, QD-bioconjugates, were launched in 2002. Impending QD-based product launches include flash-memory and solar roofing tiles, with OLED flexible displays, flexible electronics, white LED lighting and IT-photonics three to five years out.