Quantum Dot Market Report 2025

This Quantum Dot report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The quantum dot market size has grown exponentially in recent years. It will grow from $9.66 billion in 2024 to $12.09 billion in 2025 at a compound annual growth rate (CAGR) of 25.2%. The growth in the historic period can be attributed to growth in electronics and display technology, demand for energy-efficient lighting, expansion of quantum dot-enabled tvs, adoption in biomedical imaging and diagnostics, regulatory standards for materials safety.

The quantum dot market size is expected to see exponential growth in the next few years. It will grow to $33.88 billion in 2029 at a compound annual growth rate (CAGR) of 29.4%. The growth in the forecast period can be attributed to customized quantum dot solutions for specific applications, integration of quantum dots in solar cells and leds, sustainable and environmentally friendly quantum dots, expansion in quantum computing and quantum cryptography, adoption of quantum dots in quantum sensors. Major trends in the forecast period include quantum dot-based quantum computing, regulatory compliance in quantum dot safety, quantum dots in nanomedicine and theranostics, personalized quantum dot applications in healthcare, transparency in quantum dot sourcing and supply chain.

The quantum dots market is anticipated to experience growth, primarily driven by the increasing demand for smart televisions and mobile phones. Smart televisions, which enable web surfing through an internet-based platform, and mobile phones extensively utilize quantum dots - tiny semiconductor particles or nanoscale crystals with distinctive optical and electronic properties. Notably, Hisense Group, a China-based appliance and electronics manufacturer, reported shipping 24.419 million smart television units worldwide in 2022, with a 12.2% YoY increase in Hisense TV exports abroad. Hence, the surging demand for smart devices, particularly televisions and mobile phones, is a key driver propelling the quantum dots market.

The increasing demand for consumer electronics is expected to drive the growth of the quantum dots market. Consumer electronics refer to electronic products designed for everyday use by consumers, excluding commercial or professional applications. These products are increasingly incorporating quantum dots, which are tiny semiconductor particles that emit light at specific wavelengths, producing brighter and more vibrant colors. For example, data published in December 2022 by the Japan Electronics and Information Technology Industries Association (JEITA), a trade organization in Japan for the electronics and IT industries, indicates that global electronics and information technology production is projected to grow by 1% year-on-year in 2022, reaching $3.43 trillion, with an anticipated further increase of 3% in 2023, totaling $3.52 trillion. Therefore, the rising demand for consumer electronics is significantly driving the growth of the quantum dot market.

Key players in the quantum dots market are developing innovative products, including Q-dot technology, which achieves efficiency values exceeding 200 lm/W while maintaining high color rendering. For example, in November 2022, UbiQD Inc., a technology company based in the US, introduced two new greenhouse film products - UbiGro Inner-625 and UbiGro Inner-650 - under its UbiGro brand, which focuses on the greenhouse industry. These new films utilize quantum dot technology to enhance light conditions within greenhouses. The Inner-625 is designed for all light levels, whereas the Inner-650 is specifically tailored for crops that require moderate sunlight.

Strategic partnerships are also shaping the quantum dots market, particularly collaborations aimed at developing low-cost solution-printed microLED and quantum dot materials for advanced displays. In February 2022, Nnaosys, a South Korean nanotechnology company, partnered with Smartkem, a UK-based company, to jointly work on this new generation of display materials. The collaboration aims to combine SmartKem's high-performance organic semiconductor formulations with Nanosys's microLED and quantum dot nano-LED technologies, creating robust, flexible, and lightweight displays with low power consumption.

In September 2023, Shoei Chemical, Inc., a Japanese advanced materials manufacturer, acquired all assets related to the Nanosys quantum dot business. This strategic move is expected to strengthen Shoei Chemical's position in the advanced materials industry, with Nanosys being a US-based nanotechnology company.

Major companies operating in the quantum dot market include Crystalplex Corporation, InVisage Technologies, LG Display Co. Ltd., Nanoco Group plc, NanoPhotonica Inc., Nanosys Inc., Navillum Nanotechnologies, Nexxus Lighting Inc., NN-Labs LLC, Ocean NanoTech., Osram Licht AG, QD Laser Inc., Quantum Materials Corp., Samsung Electronics Co. Ltd., Sony Corporation, Thermo Fisher Scientific Inc., DuPont de Nemours Inc., 3M Company, Apple Inc., Life Technologies Corporation, Merck Group, Nano Elements Source LLC, Sigma-Aldrich Co., Techinstro and Intelligent Materials Private Limited, RTX Corporation, Silicofeller.

North America was the largest region in the quantum dots market in 2024. Asia-Pacific is expected to be the fastest growing region in the quantum dots market share. The regions covered in the quantum dots market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Quantum Dot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Quantum dots are defined as tiny semiconductor particles or nanoscale crystals of a semiconducting material that have unique optical and electronic properties. As energy is applied to these particles, they emit light of various colors, which can be changed by tuning the shape, material composition, and size of the quantum dots. Quantum dots are widely used in displays, including televisions, and smartphones.

The components of the quantum dot market covered by material include cadmium selenide (CdSe); cadmium sulfide (CdS), cadmium telluride (CdTe), indium arsenide (InAs), silicon (Si) and others. These are divided into verticals that include consumer, commercial, telecommunications, healthcare, and defense. These are used in various applications that include medical devices, displays, solar cells, photodetectors sensors, lasers, LED lights, batteries, energy storage systems, and transistors.

The quantum dot market research report is one of a series of new reports that provides quantum dot market statistics, including quantum dot industry global market size, regional shares, competitors with a quantum dot market share, detailed quantum dot market segments, market trends and opportunities, and any further data you may need to thrive in the quantum dot industry. This quantum dot market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The quantum dots market consists of sales of cadmium selenide (CdSe) quantum dots, cadmium sulfide (CdS) quantum dots, silicon (Si) quantum dots, indium arsenide (InAs) quantum dots, and other quantum dots. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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