Quantum Dots Market: By Material (Cadmium-Based and Cadmium-Free), Product (QD Display, QD Solar Cells, QD sensors, QD Medical Devices) Application (Healthcare, Agriculture, Medicine, Optoelectronics and others), End User (Medical Devices, Automotive, Consumer Electronics, Information Technology and Telecommunication), and Geography

Quantum Dots Market size was valued at USD 4.15 billion in 2022 and expected to grow USD 8.2 billion by 2029, growing at an 10.3% CAGR from 2023 to 2029. Quantum dots are tiny particle and nanocrystals in semiconductor, having optical and electronic property that differs from large particle used in quantum mechanics. Quantum dots material is segmented into cadmium-based and cadmium-free; cadmium free material is mostly used in the market, and it is expected to dominate in the market in future. The increase in the adoption of quantum dots in the display devices, the advantages of using diverse application of quantum dots are the major factor to drive the market, the use of quantum dots increased for making high resolutions displays and consume less power than the conventional displays, as a result the demand for high resolutions displays, enhanced visual experience, the picture display is increased from HD to 4K and 8K display, creates new opportunity to the key players. Less availability of material such as cadmium, selenium, zinc and indium for manufacturing quantum dots, these materials are expensive for owning which is the major restraints for the quantum dots market. Cadmium free products are expected to dominate in the market due to cost effective factor. 

Recent Market Quantum Dots Market Key Developments:
In January 2022, Samsung has presented its latest products, MICRO LED, Neo QLED and Lifestyle TV in Consumer Expo, Samsung, cutting edge display provides 8K display best display.