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Quantum dots point to a $721.1 million market

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Caren B. Les, [email protected]

WELLESLEY, Mass. – The value of the global market for quantum dot technology is expected to reach $28.6 million in 2008 and to rise to $721.1 million in 2013, with a compound annual growth rate of 90.7 percent, according to a technical market research report from BCC Research of Wellesley, Mass. Published in September 2008, the report is titled “Quantum Dots: Technical Status and Market Prospects” (Report Number: NAN027B).

BWQuantum_graph.jpg

A projection of the global market growth for quantum dots in promising commercial market sectors is shown in USD millions from 2008 through 2013. Courtesy of BCC Research.


The recent commercial availability of colloidal quantum dots, which are now synthesized by less expensive wet-chemical processes, has made the particles accessible to a broader customer base.

The market consists of the application areas of stand-alone colloidal quantum dots, solar energy, electronics, optoelectronics and optics.

One segment now active

The only currently active segment, stand-alone colloidal particles, is expected to have revenues of $28.6 million in 2008 and of more than $106 million in 2013, experiencing a compound annual growth rate of 30 percent. Several new products based on colloidal or in situ quantum dots are expected to drive revenues within the next two years. Colloidal quantum-dot bioconjugates, among the first commercial applications in this sector, provide cellular imaging and therapeutic detection capabilities for the life sciences and biomedical communities.

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The optics segment will show strong growth in 2009 as the use of quantum-dot-based lasers and other optical components in telecommunications applications increases. The segment is expected to be worth $52 million in 2010 and more than $212 million in 2013, resulting in a compound annual growth rate of 59.8 percent.

In the electronics sector, the introduction of quantum-dot-based flash memory products is expected to generate $45.8 million in 2010 and $61 million in 2013, for a compound annual growth rate of 10 percent.

Quantum dots for applications in optoelectronics and solar energy are expected to launch in 2010. The report projects that the optoelectronics segment will have revenues of $90 million in 2011 and of $245.7 million in 2013, for a compound annual growth rate of 65.2 percent.

It also notes that there are now prototypes of semiconductor quantum dots that could improve the performance of flexible organic and solid-state white LEDs, and those that could be used in flexible solar panel coatings. These developments are poised for commercialization, according to the report.

Published: November 2008
Glossary
optoelectronics
Optoelectronics is a branch of electronics that focuses on the study and application of devices and systems that use light and its interactions with different materials. The term "optoelectronics" is a combination of "optics" and "electronics," reflecting the interdisciplinary nature of this field. Optoelectronic devices convert electrical signals into optical signals or vice versa, making them crucial in various technologies. Some key components and applications of optoelectronics include: ...
quantum dots
A quantum dot is a nanoscale semiconductor structure, typically composed of materials like cadmium selenide or indium arsenide, that exhibits unique quantum mechanical properties. These properties arise from the confinement of electrons within the dot, leading to discrete energy levels, or "quantization" of energy, similar to the behavior of individual atoms or molecules. Quantum dots have a size on the order of a few nanometers and can emit or absorb photons (light) with precise wavelengths,...
BusinessCoatingsCommunicationsenergylight speedoptoelectronicsquantum dotsSolar Energywet-chemical processes

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