May 27 2014
Research and Markets has announced the addition of the "Global Quantum Dots Market 2014-2018: Market to grow by a Staggering 69% with Evident Tech, Life Tech, Nanoco, Nanosys, Ocean NanoTech & QD Vision Dominating" report to their offering.
The Global Quantum Dots market will grow at a CAGR of 69.7% to 2018.
The growth of the Global Quantum Dots market is driven by several factors, of which the high performance and cost benefits of quantum dots is an important driver. The optical and electrical properties exhibited by quantum dots have helped develop next-generation displays.
One of the major trends observed in this market is the increasing adoption of optoelectronic devices. The Optoelectronics Device Manufacturers segment contributed 33.6 percent of the total revenue in the Global Quantum Dots market in 2013. Quantum dots are increasingly being used in optoelectronic and optics-related devices as they have excellent optical properties. In addition, the increasing penetration of high-speed network technologies and the increasing use of technologically advanced components to achieve high bandwidth have led to an increase in the demand for quantum dots. The Optoelectronic Device Manufacturers segment is likely to remain one of the highest contributors to the market during the forecast period.
Further, the report states that one of the key challenges in the market is the high cost of quantum dots. The high cost makes it difficult for manufacturers in the key customer segments to adopt quantum dots.
Source: http://www.researchandmarkets.com