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Quantum Dot Market Share

Report ID: GMI9040
Published Date: Apr 2024
Report Format: PDF

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Quantum Dot Market Share

Samsung Electronics and Nanoco Group plc held a significant share of over 10% in the market in 2023. Samsung Electronics holds a major market share in the market primarily due to its pioneering role in integrating quantum dot technology into consumer electronics, especially in high-definition displays. Samsung's consistent investment in R&D and marketing, along with its robust manufacturing capabilities, enable it to produce vibrant, energy-efficient QLED TVs that have gained substantial popularity and market acceptance.

Nanoco Group plc holds a significant market share in the market due to its focus on developing advanced quantum dot materials and technologies. The company's expertise lies in manufacturing cadmium-free quantum dots, which are in high demand due to environmental regulations. Nanoco's innovative products and strategic partnerships with major electronics manufacturers have positioned it as a key player in the quantum dot industry.

Quantum Dot Market Companies

Major players operating in the quantum dot industry are:

Samsung Electronics
Nanosys (Shoei Electronic Materials, Inc)
Nanoco Group plc
NNCrystal US Corporation
QD Laser, Inc.
Merck Group
NanoPhotonica, Inc.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Quantum dot market size crossed USD 5.5 billion in 2023 and is expected to register over 15.5% CAGR from 2024-2032 owing to the increasing demand for high-quality display devices worldwide.

The cadmium-free segment recorded over 15% CAGR from 2024-2032 due to increasing regulatory restrictions on the use of heavy metals like cadmium, due to their toxicity and environmental impact, pushing manufacturers towards cadmium-free alternatives.

Asia Pacific dominated the global market in 2023, accounting for over 30% of the share due to the region being a hub for electronics manufacturing, with countries like China, South Korea, and Taiwan leading in the production of consumer electronics.

Samsung Electronics, Nanosys (Shoei Electronic Materials, Inc), Nanoco Group plc, NNCrystal US Corporation, QD Laser, Inc., Merck Group, NanoPhotonica, Inc., are some of the major quantum dot companies worldwide.