Quantum Dots Market is Expected to Grow Substantially due to Wide Range of Applications

The Quantum Dots Market is estimated to be valued at USD 6.05 billion in 2024 and is expected to reach USD 19.98 billion by 2031, growing at a compound annual growth rate (CAGR) of 18.60% from 2024 to 2031.
This steady growth can be attributed to rising demand for quantum dot displays as well as increasing investments in quantum dot solar cells.

Key Takeaways
Key players operating in the Quantum Dots Market are Altairnano, Apple Inc., Dow, Intelligent Materials Private Limited, LG Display Co., Life Technologies, MicroVision, Nanoco Group plc, Nanosys Inc., NNCrystal, Ocean NanoTech LLC, OSRAM GmbH, QD Laser, Quantum Materials Corp., Samsung Display Co. Ltd., Sigma-Aldrich Co., Sony Corporation, Techinstro, and Thermo Fisher Scientific Inc.

Key opportunities in the market include growing demand for quantum dot enhanced solar panels due to superior light absorption and conversion properties. There is also huge scope for quantum dots in medical applications like drug delivery, bio-markers and phototherapy.

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