Global Quantum Dot Sensor Market - Snapshot
Quantum dots (QDs) are semiconductor nanocrystals with the diameter ranging from 2 nanometers to 10 nanometers. Quantum dots are nanostructures with properties varying depending on their shape and material. Due to particular electronic properties of quantum dots, they are used as active materials in single-electron transistors. A quantum dot sensor makes use of materials that use the quantum dot technology and a simple method of integration, enabling about 95% of an image to be occupied. QDs have broad absorption spectra with wavelengths ranging from ultraviolet to visible, depending on the particle size of the quantum dot. QDs are used as active sensor elements in biological applications such as cellular imaging, real-time tracking of the cells and molecules, detection of tumor, and observation of cell components. The quantum dot sensor market is projected to expand at a CAGR of 11.2% during the forecast period and reach value of US$ 195.4 Mn by 2027.
Rising demand for enhanced sensor technologies and increasing awareness about energy-efficient solutions have increased the adoption of quantum dot products. The quantum dot technology offers numerous advantages such as energy efficiency, ultra-high definition, low cost, and high brightness. Silicon-based sensors are difficult to be used in the manufacture of next-generation image sensors. The new sensors use the quantum dot technology and a simple integration method that captures maximum portion of an image with extremely high quality. Also, quantum films is the next-generation camera platform. Increasing use of quantum films in mobile handsets, cameras, and other applications has augmented the demand for small-sized, high-performance image sensors.
Interest in utilizing quantum dots (QDs) in all types of sensing and imaging applications continues to grow. Quantum dots is an intriguing area in the field of liquid crystal display materials technology. Companies are reporting good results with these semiconductor materials, in terms of color gamut and efficiency. Nanosys is working with AUO Optronics, 3M, and other companies to incorporate the quantum dot sensor technology in their products. It recently received funds from Samsung Venture Investment Corporation for incorporation of the quantum dot technology into sensors.
Furthermore, quantum dot products are made of materials such as zinc, cadmium, sulfide, selenide, aluminum, gallium indium, and indium arsenide. In the field of optical data processing, quantum dots serve primarily as a light source. They are also used as amplification mediums in lasers. However, use of gallium arsenide is restricted to special applications and it does not compete with silicon in the semiconductor industry. Since cadmium is a toxic heavy metal and it is dangerous to both human health and the environment, its use is restricted by various environment-related laws. Several regulatory authorities have limited the amount of cadmium used in consumer electronics devices. This hampers the global quantum dot sensor market.
Attracted by the anticipated growth of the global quantum dot sensor market and underlying latent demand, several players are planning to enter the global market for quantum dot sensors. In November 2015, InVisage Technologies Inc. introduced camera sensors under the brand name: Quantum 13. This camera sensor records images in low and high light. It is an electronic image sensor that uses quantum dot films, instead of silicon, to capture the light. InVisage Technologies Inc. is the only prominent player operating in the global quantum dot sensor market.
Global Quantum Dot Sensor Market: Overview
This comprehensive report by Transparency Market Research analyzes and forecasts the quantum dot sensor market at the global and regional levels. The report provides analysis of the market for the period from 2017 to 2027, wherein 2019–2027 is the forecast period and 2018 is the base year. An in-depth and unbiased market assessment has been made to provide readers with comprehensive and accurate analysis. The report highlights all major trends in the global quantum dot sensor market. It also focuses on market drivers, restraining factors, and opportunities for the global quantum dot sensor market. The study provides a complete perspective about the market in terms of value (in US$ Mn) across various geographies including Asia Pacific, South America, North America, Europe, and Middle East & Africa (MEA).
The report includes detailed value chain analysis, which is focused on providing an extensive view of the global quantum dot sensor market. Porter’s five forces analysis has also been provided in the report to help understand the competition landscape of the market. The study incorporates market attractiveness analysis, wherein market segments have been benchmarked based on their market size, growth rate, and attractiveness. In order to offer complete analysis of the competition scenario in the global quantum dot sensor market, every geographical region mentioned in the report is provided with attractiveness analysis.
The market overview chapter of the report explains market trends and dynamics that include drivers, restraining factors, and the current and future opportunities for the global quantum dot sensor market. Market outlook analysis has also been provided in the report. Additionally, the report provides analysis of different business strategies being adopted by major players operating in the global quantum dot sensor market. The market introduction chapter helps in getting an idea of different trends in the global quantum dot sensor market.
Global Quantum Dot Sensor Market: Scope of Report
The study provides a decisive view of the global quantum dot sensor market by segmenting the market in terms of application and end-use industry. The report also provides detailed segmentation of the market in terms of region and categorizes it at various levels, thereby providing valuable insights at micro and macro levels.
The report further highlights the competition scenario in the global quantum dot sensor market, by ranking all major players according to their geographical presence and key recent developments. The insights into the quantum dot sensor market is a result of TMR’s extensive primary interviews, secondary research, and in-house expert panel reviews. Market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors on the market.
In terms of country, the quantum dot sensor market in North America has been segmented into Canada, the U.S., and Rest of North America. The Europe market has been divided into Italy, France, Germany, the U.K., and Rest of Europe. The quantum dot sensor market in Asia Pacific has been segmented into China, Japan, and Rest of Asia Pacific. Middle East & Africa comprises GCC, South Africa, and Rest of Middle East & Africa. Similarly, South America includes Brazil and Rest of South America. The report provides all strategic information required to help understand the global quantum dot sensor market.
Global Quantum Dot Sensor Market: Research Methodology
The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Secondary research sources include annual reports, company websites, SEC filings, investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, and statistical databases.
Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews of the quantum dot sensor market across geographies. Primary interviews are usually conducted on an ongoing basis with market experts and participants in order to obtain the latest market insights and validate the existing data and analysis. Primary interviews offer new information on important factors such as market trends, market size, and competition landscape. These factors help validate and strengthen secondary research findings. The analyzed data collected from secondary and primary research is again discussed and examined by TMR’s expert panel.
Global Quantum Dot Sensor Market: Competition Dynamics
The only major player operating in the global quantum dot sensor market and profiled in the report is InVisage Technologies, Inc. The company is focusing on expanding its business through acquisitions and strategic partnerships. The research study includes a profile of InVisage Technologies, Inc. The company has been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The global quantum dot sensor market has been segmented as follows:
Global Quantum Dot Sensor Market, by Application
- Smartphones & Laptops
- Digital Cameras
- Surveillance Cameras
- Medical Imaging Devices
- Others (Including Drones, Self-driving Cars, and Robots)
Global Quantum Dot Sensor Market, by End-use Industry
- Aerospace & Defense
- Consumer Electronics
Global Quantum Dot Sensor Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America