Increasing Interest Of Market Players On The Quantum Dot Technology Is Driving The Market Growth

19 Jul 2019

According to a new market research report published by Acute Market Reports “Global Quantum Dot Sensor Market (Application (Consumer Electronics, Aerospace & Defense, Healthcare, Others)) Market – Growth, Future Prospects and Competitive Analysis, 2021 - 2029”, the quantum dot sensor market is set to grow with a CAGR of 12.5% during the forecast period.

Market Insights

The global quantum dot sensors market is driven by the increasing interest of market players in the quantum dot technology. The quantum dot technology is being widely adopted by the semiconductor companies for the development of all type of sensing and imaging applications. The technology has emerged as one the most intriguing area in the display and sensing space. The technology is widely being used in the optical data process and LASER systems as a light sources and amplification respectively. The companies are exploring new application of the quantum dots rapidly. For instance, the 3M Company is working with the AUO Optronics and Nanosys to develop quantum dot powered products. Moreover, the increasing investment by the top semiconductor players in the technology is further accelerating the growth of the market.

Healthcare is one of the prominent applications of the quantum dot sensors market. The quantum dot sensors are widely being used in the biological imaging including both in-vitro and in-vivo imaging for diagnosis of cancer. Moreover, the consumer electronics segment is also one of the most lucrative sectors for the quantum dot sensors. The market players are leveraging on the quantum dot sensors for the development of new generation LED drivers. The higher efficiency and the vivid color range of the sensors make it an ideal choice for the LED drivers.

Asia Pacific’s quantum dot sensors market is estimated to grow substantially during the forecast period. The growth of the market is driven by the rapidly growing semiconductor industry in the region. The intensive R&D activities in the region on the quantum dot technology also create numerous growth opportunities for the development of the market. For instance, the companies such as Fujitsu and QD Laser are working on exploring new application of the quantum dot sensors. Additionally, the supportive government initiatives in the region to promote the R&D activities further accelerated market growth.

The major vendors in the quantum dot sensors market are Ebioscience Inc., Evident Technologies, Altair Nanotechnology Inc., Invisage Technologies Inc., Life Technologies Corporation, LG Display, Microvision Inc., Nanosys Inc., Nano Axis LLC, Nexxus Lighting, Quantum Material Corporation, QD Laser Inc., Samsung Electronics Co. Ltd, Sony Corporation, and Sigma-Aldrich Co. LLC.

Browse the full report at https://www.acutemarketreports.com/report/quantum-dot-sensors-market

The Global Quantum Dot Sensor Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2019-2029
Base Year 2020
Forecast Period  2021-2029
Historical Year  2019
Unit  USD Billion
Segmentation

 By Application Segment (2019–2029; US$ Bn)

 By Geography Segment (2019–2029; US$ Bn)

*Complete segmentation list is on report page

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