Global Quantum Dot Market Is Expected to Exceed More Than Us$ 5.0 Billion by 2020

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Global Quantum Dot Market is expected to Exceed more

than US$ 5.0 billion by 2020

New York, May 26: Market Research Engine has published a new report titled as “Quantum

Dot Market by Product (Display, Medical Devices, Batteries, Solar Cells, Sensors, and Others),

Material, Application (Healthcare, Consumer, Defense, and Industry), and Geography- Forecast up to

2022”

Quantum dots are used to convert light into color in visible spectrum. These are tiny nanocrystals

made of semiconductor material which contains cadmium sulfide, silicon, cadmium selenide, or

indium arsenide that glow when stimulated by an external source such as ultraviolet light. The

number of atoms in the quantum dot determines their size and the size of the quantum dot

indicates the color of light emitted. Small quantum dots will generate light with small

wavelengths which produce blue light. While big quantum dots generate light with a long

wavelength which produce red light. Different methods are used to create quantum dots such as

colloidal synthesis and chemical vapor deposition.

Browse Full Report: http://www.marketresearchengine.com/reportdetails/quantum-dotmarket

The Quantum dots market is expected to exceed more than US$ 5.0 billion by 2020 growing at

around 60% CAGR for the forecast period. The main driving factors for quantum dots market are

increasing demand for superior performance and resolution quality for smart TVs, high end

cameras, laptops, and smart mobile phones and devices. Another driving factor is quantum dot

nonmaterial is used as an energy efficient technology. Silicon dioxide quantum dot based light

emitting diode is expected to drive the market. Using of ultra-low power VLSIdesign is increase

the use of quantum dots. The quantum dots major restraints for its growth are slower adoption of

technology due to lack of awareness among consumers. Quantum dot products are unfeasibly

expensive, decrease in price which may impact the launch of QD...