Published September 2023 | 300 pages, 76 figures, 82 tables | View table of contents (pdf)
The Quantum Dot Display Market Continues Strong Growth in 2023 with Innovations in TVs, MicroLEDs, and More
The multi-billion dollar quantum dot-enabled TV market will experience further growth this year, with market innovations leading to enhanced products utilizing new configurations in displays, Micro-LEDs, security tagging, medical diagnostics, quantum computing and Agtech. QDs are a proven and scaled technology and relatively low cost for the high-end applications they add value to. Quantum dots improve displays products such as TVs and monitors through benefits including wider color gamut, better brightness, and efficiency. Major TV manufacturers like Samsung, Sony and LG utilize QD films in their products. The report profiles quantum dot suppliers making this possible.
Quantum Dots (QDs) are increasingly used in light-emitting devices (LEDs), solar cells, photodiodes, thermoelectrics, photoconductors and field-effect transistors, while QD solutions have been used in a number of in vivo and in vitro imaging, sensing and labelling techniques.
Emerging applications like quantum dot MicroLED displays, quantum dot lasers, QD-enhanced Li-ion batteries, and QD transistors represent new revenue opportunities as the technology advances. Perovskite QDs are also highlighted as a next-gen material.
Report contents include:
- Quantum dot (QD) types, properties and production methods.
- Global revenues for quantum dots, historical and market forecast to 2034, by region and end use markets.
- Supply chain analysis for quantum dots and narrow band phosphors.
- Market drivers and trends.
- Challenges, by market.
- Analysis of QD market segments and the main players in each segment.
- Assessment of quantum dots on glass, quantum dot colour filters (QDCF) for microLEDS and displays, hybrid QD-NBP displays, hybrid QD-OLED displays, perovskite QDs and inkjet printed QDs.
- Assessment of graphene quantum dots and perovskite quantum dots market.
- Market assessment of quantum dots in TV displays and smartphone displays, VR headsets, solar cells, security tags, security inks, sensors, photodetectors, quantum dot lasers, quantum dot transistors, photonic crystals, bio-imaging, quantum dot solar windows, biomarkers, solid-material-based memory, thermoelectric materials, quantum dot computers, Agtech, artificial photosynthesis and light emitting diodes (LEDs).
- 119 company profiles of quantum dot producers and product developers. Companies profiled include Applied Quantum Materials Inc., BrightComSol GmbH, Canon, Inc., Diraq, Dotz Nano, Helio Display Materials, Nanoco Technologies, Nanosys, QDI Systems, Raysolve Ltd., Samsung, and Ubiquitous Quantum Dots.
- List of Quantum Dot companies no longer trading.
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1 EXECUTIVE SUMMARY 22
- 1.1 Growth in high definition TV demand 22
- 1.2 Consumer display trends 23
- 1.3 Quantum dot display (QD-OLED and QD-LCD) products 24
- 1.4 QD advantages 27
- 1.5 Recent market growth 28
- 1.6 QD-TV market 29
- 1.6.1 The Quantum Dot TV market in 2022 30
- 1.6.2 The Quantum Dot TV market in 2023 30
- 1.7 Cadmium vs. cadmium free 30
- 1.7.1 Cadmium QDs 31
- 1.7.2 Cadmium-free QDs 31
- 1.7.3 Perovskite quantum dots 31
- 1.7.4 Graphene quantum dots 32
- 1.8 Market drivers and trends for quantum dots 33
- 1.9 Market outlook for quantum dots (5-10 years) 35
- 1.10 Market challenges for quantum dots 35
2 RESEARCH SCOPE AND METHODOLOGY 37
- 2.1 Report scope 37
- 2.2 Market definition 37
- 2.3 Research methodology 38
- 2.3.1 Primary research 38
- 2.3.2 Secondary research 39
3 INTRODUCTION 40
- 3.1 Properties 40
- 3.1.1 Mode of operation 41
- 3.2 Synthesis 43
- 3.3 Types of quantum dots 44
- 3.3.1 Cadmium Selenide, Cadmium Sulfide and other materials 45
- 3.3.2 Cadmium free quantum dots 46
- 3.4 Two-dimensional quantum dots 46
- 3.5 Carbon quantum dots (CDs) 47
- 3.5.1 Properties 47
- 3.5.2 Applications 48
- 3.6 Graphene quantum dots (GQDs) 49
- 3.6.1 Properties 50
- 3.6.2 Synthesis 51
- 3.6.3 Applications 53
- 3.6.3.1 Pricing 55
- 3.6.4 Producers 56
- 3.7 Perovskite quantum dots (PQDs) 57
- 3.7.1 Properties 58
- 3.7.2 Comparison to conventional quantum dots 59
- 3.7.3 Synthesis methods 60
- 3.7.4 Applications 60
- 3.7.4.1 Displays 61
- 3.7.5 Producers 63
- 3.8 Quantum rods 64
- 3.8.1 Properties 64
- 3.8.2 Applications 65
- 3.9 Narrow band gap phosphors 66
4 QUANTUM DOTS TECHNOLOGY READINESS (TRL) 67
5 QUANTUM DOTS REGULATIONS 70
6 THE GLOBAL MARKET FOR QUANTUM DOTS 71
- 6.1 Markets and applications 71
- 6.2 Licensing, collaborations and partnerships 73
- 6.3 Supply chain 74
- 6.4 Production capacities 77
- 6.5 Global revenues 2018-2034 78
- 6.5.1 By end use market 78
- 6.5.2 By region 79
- 6.6 DISPLAYS 80
- 6.6.1 Market drivers and trends 80
- 6.6.2 Market supply chain 81
- 6.6.3 LCDS vs. OLEDs vs. QD-LCDs/QLEDs 81
- 6.6.3.1 Liquid Crystal Displays (LCD) 81
- 6.6.4 QD-LCD TVs/QLEDs 84
- 6.6.5 Quantum dot enhancement film (QDEF) for current QLEDs 86
- 6.6.6 Quantum Dot on Glass (QDOG) 87
- 6.6.7 Quantum dot colour filters (QDCC) 88
- 6.6.8 XQDEF 90
- 6.6.9 Quantum dots on-chip 90
- 6.6.10 Electroluminescent quantum dots 91
- 6.6.11 MiniLED displays 91
- 6.6.11.1 Comparison to LCD and OLED 92
- 6.6.11.2 Advantages and disadvantages 94
- 6.6.11.3 Backplane types 95
- 6.6.11.3.1 Passive matrix driving miniLED 95
- 6.6.11.4 Costs 96
- 6.6.11.5 High dynamic range miniLED displays 97
- 6.6.11.6 Trends in MiniLED displays 97
- 6.6.11.7 Quantum dot films for miniLED displays 98
- 6.6.12 Perovskite colour enhancement film in Mini-LEDs 99
- 6.6.12.1 Eyesafe QD 100
- 6.6.12.2 QD-Mini-LED-BLU 100
- 6.6.12.3 Perovskite colour enhancement film in MiniLEDs 101
- 6.6.13 MicroLEDs 101
- 6.6.13.1 Development 101
- 6.6.13.2 Types 103
- 6.6.13.3 Comparison to LCD and OLED 104
- 6.6.13.4 MicroLED displays 105
- 6.6.13.4.1 Advantages 106
- 6.6.13.4.2 Transparency 107
- 6.6.13.4.3 Borderless 108
- 6.6.13.4.4 Flexibility 109
- 6.6.13.5 Costs 109
- 6.6.13.6 Manufacturing 109
- 6.6.13.6.1 Epitaxy and Chip Processing 110
- 6.6.13.6.1.1 Uniformity 111
- 6.6.13.6.1 Epitaxy and Chip Processing 110
- 6.6.13.6.2 Assembly Technologies 111
- 6.6.13.6.2.1 Monolithic fabrication of microdisplays 111
- 6.6.13.6.2.2 Mass transfer 113
- 6.6.13.6.2.3 Mass Transfer Processes 114
- 6.6.13.6.3 Full colour conversion 120
- 6.6.13.6.3.1 Phosphor Colour Conversion LEDs 122
- 6.6.13.6.3.2 Quantum dots colour conversion 123
- 6.6.14 QDCC for micro-LED displays 123
- 6.6.15 Flexible QD displays 124
- 6.6.15.1 Flexible QLEDs 125
- 6.6.15.2 Foldable QLED 125
- 6.6.16 Samsung QD-OLEDs 126
- 6.6.17 LG's "QNED" LCD TVs 127
- 6.6.18 Quantum dot LCD-based VR headsets 127
- 6.6.19 Narrow band phosphor LCDs 128
- 6.6.20 Hybrid QD-NBP 128
- 6.6.21 New display products in 2023 129
- 6.6.22 Global market revenues 131
- 6.6.22.1 QD-TV unit sales 2016-2034 131
- 6.6.22.2 QD-TV revenues 2016-2034 132
- 6.6.22.3 QD monitor unit sales 2016-2034 134
- 6.6.22.4 QD monitor revenues 2016-2034 135
- 6.7 PHOTOVOLTAICS 137
- 6.7.1 Market drivers and trends 138
- 6.7.2 Applications 139
- 6.7.2.1 Advantages of quantum dots in photovoltaics 140
- 6.7.3 Types of quantum dot solar cells 141
- 6.7.3.1 Tandem Solar Cells 141
- 6.7.3.2 Metal—semiconductor/ Schottky QD junction solar cell 141
- 6.7.3.3 Silicon/QD Film Hydrid Solar Cells 142
- 6.7.3.4 Silicon/Graphene QD Film Hydrid Solar Cells 142
- 6.7.3.5 Depleted-heterojunction QD solar cell 142
- 6.7.3.6 QD-sensitized solar cells (QDSSC) 143
- 6.7.3.7 Quantum dot solar windows 144
- 6.7.4 Market challenges 145
- 6.7.5 Companies 145
- 6.7.6 Global market revenues 147
- 6.8 LED LIGHTING 149
- 6.8.1 Market drivers and trends 149
- 6.8.2 Applications 150
- 6.8.2.1 LED lighting 151
- 6.8.2.2 Horticultural lighting 152
- 6.8.3 Market challenges 153
- 6.8.4 Global market revenues 154
- 6.8.5 Companies 156
- 6.9 BIOTECH AND MEDICINE 157
- 6.9.1 Market drivers and trends 157
- 6.9.2 Applications 160
- 6.9.2.1 Fluorescent labelling 161
- 6.9.2.2 Drug delivery 161
- 6.9.2.3 Biosensing 161
- 6.9.2.4 Photodynamic therapy 162
- 6.9.2.5 DNA analysis 162
- 6.9.2.6 Immunoassays 163
- 6.9.3 Market challenges 163
- 6.9.4 Companies 164
- 6.9.5 Global market revenues 165
- 6.10 PHOTODETECTORS 167
- 6.10.1 Market drivers and trends 168
- 6.10.2 Applications 169
- 6.10.2.1 SWIR Sensing 169
- 6.10.2.2 QD CMOS Image Sensors 171
- 6.10.2.2.1 Main types of commercial quantum dot sensor arrays 171
- 6.10.2.3 QD-on-Si SWIR Detection 172
- 6.10.2.4 QD-Si hybrid image sensors 174
- 6.10.2.5 UV Imaging 174
- 6.10.2.5.1 Perovskite QDs 175
- 6.10.2.5.2 QD-on-CMOS 175
- 6.10.3 Companies 175
- 6.10.4 Global market revenues 176
- 6.11 SECURITY AND ANTI-COUNTERFEITING 178
- 6.11.1 Market drivers and trends 178
- 6.11.2 Applications 179
- 6.11.3 Companies 180
- 6.11.4 Global market revenues 181
- 6.12 QUANTUM COMPUTING 183
- 6.12.1 Overview 183
- 6.12.2 Companies 183
- 6.13 OTHER MARKETS 184
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- 6.13.1 AgriTech 184
- 6.13.1.1 Applications 184
- 6.13.1 AgriTech 184
- 6.13.2 Batteries 185
- 6.13.2.1 Properties 185
- 6.13.2.2 Applications 185
- 6.13.2.2.1 Lithium-Ion Batteries (LIBs) 186
- 6.13.2.2.2 Solid-state batteries 186
- 6.13.2.2.3 Supercapacitors 186
- 6.13.3 Thermoelectrics 188
- 6.13.3.1 Properties 188
- 6.13.3.2 Applications 188
- 6.13.4 Lasers 190
- 6.13.4.1 Description 190
- 6.13.4.2 Applications 191
- 6.13.5 Photocatalysts 192
- 6.13.5.1 Properties 192
- 6.13.5.2 Applications 192
- 6.13.6 Photoelectrochemical sensors 192
- 6.13.6.1 Properties 192
- 6.13.6.2 Applications 193
- 6.13.7 Sunscreen 194
- 6.13.8 Hydrogen production 195
- 6.13.9 Autonomous vehicle sensors 195
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7 QUANTUM DOT PRODUCER AND PRODUCT DEVELOPER PROFILES 196 (119 company profiles)
8 QUANTUM DOTS COMPANIES NO LONGER TRADING 291
9 REFERENCES 292
List of Tables
- Table 1. Quantum dot display products. 24
- Table 2. Quantum dot advantages in displays. 27
- Table 3. Main markets for QDs in terms of volume. 29
- Table 4. Market drivers and trends for quantum dots. 33
- Table 5. Market challenges for quantum dots. 35
- Table 6. Chemical synthesis of quantum dots. 43
- Table 7. Comparison of types of quantum dots. 45
- Table 8. Applications of carbon quantum dots. 48
- Table 9. Comparison between carbon quantum dots and graphene quantum dots. 49
- Table 10. Comparison of graphene QDs and semiconductor QDs. 51
- Table 11. Comparison of quantum dots synthesis methods. 52
- Table 12. Markets and applications for graphene quanutm dots. 53
- Table 13. Graphene quantum dots producers. 56
- Table 14. Perovskite quantum dots (PQDs) overview. 57
- Table 15. Comparative properties of conventional QDs and Perovskite QDs. 59
- Table 16. Applications of perovskite QDs. 60
- Table 17. Development roadmap for perovskite QDs. 61
- Table 18. Properties of perovskite QLEDs comparative to OLED and QLED. 62
- Table 19. Perovskite-based QD producers. 63
- Table 20. Overview of quantum rods. 64
- Table 21. Applications of quantum rods. 65
- Table 22. Technology Readiness Level (TRL) Examples. 67
- Table 23. Global quantum dot regulations. 70
- Table 24: Markets, benefits and applications of quantum dots. 71
- Table 25. Quantum dots market structure. 75
- Table 26. Production capacities of quantum dot producers. 77
- Table 27. Market drivers and trends for quantum dots in LCD TVs and Displays. 80
- Table 28. Market supply chain for quantum dots in displays. 81
- Table 29. Advantages and disadvantages of LCDs, OLEDs and QDs. 82
- Table 30: Typical approaches for integrating QDs into displays. 85
- Table 31. QD colour filter options and advantages. 88
- Table 32. Comparison between miniLED displays and other display types. 92
- Table 33. Advantages and disadvantages of MiniLEDs. 94
- Table 34. Comparison of AM and PM driving. 95
- Table 35. MiniLED backlight costs. 96
- Table 36. Comparison to conventional LEDs. 102
- Table 37. Types of microLED. 103
- Table 38. Comparison to LCD and OLED. 104
- Table 39. Schematic comparison to LCD and OLED. 105
- Table 40. Commercially available microLED products and specifications. 105
- Table 41. microLED-based display advantages and disadvantages. 106
- Table 42. Mass transfer methods, by company. 113
- Table 43. Comparison of various mass transfer technologies. 114
- Table 44. Quantum dot display products in 2023. 129
- Table 45: QD-TV unit sales 2016-2034 (Million Units). 131
- Table 46. QD-TV revenues 2016-2034 (Million USD). 132
- Table 47. QD Monitor Unit sales 2016-2034 (million units). 134
- Table 48. QD Monitor revenues 2016-2034 (million USD). 135
- Table 49. Overview of quantum dots in photovoltaics. 137
- Table 50. Market drivers and trends in quantum dots in photovoltaics. 138
- Table 51: Advantages of quantum dots in photovoltaics. 140
- Table 52. Schottky QD Junction solar cells. 141
- Table 53. Comparison of third generation solar cells. 143
- Table 54. Quantum dots product and application developers in photovoltaics. 145
- Table 55. Quantum dot photovoltaic market revenues 2016-2034 (Millions USD). 147
- Table 56. Market drivers and trends for quantum dots in LED lighting. 149
- Table 57. QD-LEDs and External quantum efficiencies (EQE). 152
- Table 58. Market challenges for LED lighting. 153
- Table 59. Quantum dot LED lighting market revenues 2016-2034 (Millions USD). 154
- Table 60. Quantum dots product and application developers in lighting. 156
- Table 61: Market drivers and trends for quantum dots in biotechnology and medicine. 157
- Table 62. Market challenges for quantum dots in biotech and medicine. 163
- Table 63. Quantum dots product and application developers in biotechnology and medicine. 164
- Table 64. Quantum dot biotechnology and medicine market revenues 2016-2034 (Millions USD). 166
- Table 65. Common material choices for infrared (IR) sensors. 167
- Table 66. Market drivers and trends for quantum dots in photodetectors. 168
- Table 67. Technology comparison with various image sensor technologies. 170
- Table 68. Applications for QD-on-CMOS image sensors. 173
- Table 69: Quantum dots product and application developers in photodetectors. 175
- Table 70. Quantum dot photodetectors market revenues 2016-2034 (Millions USD). 176
- Table 71: Market drivers and trends for quantum dots in security and anti-counterfeiting. 178
- Table 72. Comparison of quantum dots compared to other security technologies. 180
- Table 73. Quantum dots product and application developers in security & anti-counterfeiting. 180
- Table 74. Quantum dot anti-counterfeiting and security market revenues 2016-2034 (Millions USD). 181
- Table 75. Quantum dots product and application developers in quantum computing. 183
- Table 76. Applications of quantum dots in agritech. 184
- Table 77. Applications of quantum dots in batteries and supercapacitors. 187
- Table 78. Applications of quantum dots in thermoelectrics. 189
- Table 79. Applications of quantum dot lasers. 191
- Table 80. Applications of quantum dots in photoelectrochemical sensors. 193
- Table 81. Samsung QD-TV product list. 266
- Table 82. Quantum Dots companies no longer trading. 291
List of Figures
- Figure 1: QLED TV from Samsung. 23
- Figure 2. QD display products. 24
- Figure 3. Perovskite quantum dots under UV light. 32
- Figure 4. Quantum dot schematic. 40
- Figure 5. Quantum dot size and colour. 41
- Figure 6. (a) Emission color and wavelength of QDs corresponding to their sizes (b) InP QDs; (c) InP/ZnSe/ZnS core-shell QDs. 42
- Figure 7. Carbon dots development. 48
- Figure 8. Schematic of (a) CQDs and (c) GQDs. HRTEM images of (b) C-dots and (d) GQDs showing combination of zigzag and armchair 51
- Figure 9: Green-fluorescing graphene quantum dots. 54
- Figure 10: Graphene quantum dots. 55
- Figure 11. A pQLED device structure. 59
- Figure 12. Perovskite quantum dots under UV light. 62
- Figure 13. Precisely structured arrays of quantum rods. 64
- Figure 14. TRL for quantum dots. 69
- Figure 15. Schematic of typical commercialization route for quantum dots producer. 74
- Figure 16. Global Quantum dot revenues by end use market, 2016-2034 (millions USD). 78
- Figure 17. Quantum dot revenues by region, 2015-2034 (millions USD). 79
- Figure 18. QD-TVsupply chain. 82
- Figure 19: Quantum dot LED backlighting schematic. 84
- Figure 20. Quantum dot film schematic. 86
- Figure 21: Quantum Dots on Glass schematic. 87
- Figure 22. Samsung 8K 65" QD Glass. 87
- Figure 23. QD/OLED hybrid schematic. 89
- Figure 24. Electroluminescent quantum dots schematic. 91
- Figure 25. Schematic of LCD with MicroLED backlight. 92
- Figure 26. Schematic for configuration of full colour microLED display 93
- Figure 27. MSI curved quantum dot Mini-LED display. 99
- Figure 28. Nanolumi Chameleon® G Film in LED/LCD Monitor. 100
- Figure 29. Eyesafe QD. 100
- Figure 30. MicroLED schematic. 102
- Figure 31. Pixels per inch roadmap of µ-LED displays from 2007 to 2019. 104
- Figure 32. Comparison of microLED with other display technologies. 106
- Figure 33. Lextar 10.6 inch transparent microLED display. 108
- Figure 34. Transition to borderless design. 109
- Figure 35. Schematics of a elastomer stamping, b electrostatic/electromagnetic transfer, c laser-assisted transfer and d fluid self-assembly. 115
- Figure 36. Schematics of Roll-based mass transfer. 117
- Figure 37. Schematic of laser-induced forward transfer technology. 118
- Figure 38. Schematic of fluid self-assembly technology. 120
- Figure 39. Schematic of colour conversion technology. 121
- Figure 40. Process flow of a full-colour microdisplay. 122
- Figure 41: Carbon nanotubes flexible, rechargeable yarn batteries incorporated into flexible, rechargeable yarn batteries. 124
- Figure 42. Flexible & stretchable LEDs based on quantum dots. 125
- Figure 43. Galaxy Z Fold. 126
- Figure 44. Schematic of QD-OLED hybrid. 127
- Figure 45. Reality 12K QLED VR. 127
- Figure 46. Odyssey OLED G9. 130
- Figure 47. QD-TV unit sales 2016-2034 (Million Units). 132
- Figure 48. QD-TV revenues 2016-2034 (Million USD). 133
- Figure 49: QD Monitor Unit sales 2016-2034 (million units). 135
- Figure 50. QD Monitor revenues 2016-2034 (million USD). 136
- Figure 51. (a) Schematic of Schottky barrier quantum dots based solar cell. 141
- Figure 52. Schematic of QD Solar Cell. 143
- Figure 53. QD coated solar windows. 144
- Figure 54. QDSSC Module. 145
- Figure 55. Quantum dot photovoltaic market revenues 2016-2034 (Millions USD). 148
- Figure 56: Fourth generation QD-LEDs. 151
- Figure 57. Quantum dot LED lighting market revenues 2016-2034 (Millions USD). 155
- Figure 58. Quantum dot biotechnology and medicine market revenues 2016-2034 (Millions USD). 166
- Figure 59. Quantum dot photodetectors market market revenues 2016-2034 (Millions USD). 177
- Figure 60. Quantum dot anti-counterfeiting and security market revenues 2016-2034 (Millions USD). 182
- Figure 61: StoreDot battery charger. 188
- Figure 62: Schematic of QD laser device. 190
- Figure 63. AU 85" bezel-less quantum dot TV. 199
- Figure 64. Dotz Nano GQD products. 215
- Figure 65. Emberion VS20 quantum dot VIS-SWIR image sensor camera. 218
- Figure 66. InP/ZnS, perovskite quantum dots and silicon resin composite under UV illumination. 223
- Figure 67. Quantum dots tag on plastic bottle. 227
- Figure 68. QDSSC Module. 234
- Figure 69: Quantum dot sheet. 245
- Figure 70. Quantag GQDs and sensor. 257
- Figure 71. SQ dots production process. 274
- Figure 72. Storedot batteries for EVs. 277
- Figure 73. Infrared QD sensor company. 278
- Figure 74. CQD™ photodiode schematic 279
- Figure 75. TCL QLED TVs. 280
- Figure 76. Schematic of UbiQD's PV windows. 285
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To purchase by invoice (bank transfer) contact info@futuremarketsinc.com or select Bank Transfer (Invoice) as a payment method at checkout.