March 30, 2020
Quantum Dot Sensor

Quantum Dot Sensor Market | Asia Pacific’s is estimated to grow substantially during the forecast period

The quantum dot sensor market is set to grow with a CAGR of 12.5% during the forecast period.

Market Insights

The global market for quantum dot sensors is driven by the increasing interest of market players in quantum dot technology. Quantum dot technology is widely used by semiconductor companies to develop all types of sensing and imaging applications. Technology has emerged as one of the most intriguing areas of viewing and sensing space. The technology is widely used as a source of light and amplification in the optical data process and LASER systems. The companies are rapidly exploring the new application of quantum dots. For example, 3 M is working with AUO Optronics and Nanosys to develop quantum dot powered products. Moreover, the increasing investment by the leading technology semiconductor players is further accelerating the growth of the market.

Healthcare is one of the prominent applications of the quantum dot sensors market. The quantum dot sensors are widely being used in the biological imaging including both in-vitro and in-vivo imaging for diagnosis of cancer. Moreover, the consumer electronics segment is also one of the most lucrative sectors for the quantum dot sensors. The market players are leveraging on the quantum dot sensors for the development of new generation LED drivers. The higher efficiency and the vivid color range of the sensors make it an ideal choice for the LED drivers.

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The market for quantum dot sensors in Asia Pacific is estimated to grow substantially during the forecast period. The fast-growing semiconductor industry in the region is driving the growth of the market. Intensive R&D activities in the region on quantum dot technology also give rise to numerous growth opportunities for market development. For example, companies such as Fujitsu and QD Laser are working on exploring the new application of quantum dot sensors. In addition, the support of government initiatives in the region to support R&D activities further accelerated market growth.

The major vendors in the quantum dot sensors market are Ebioscience Inc., Evident Technologies, Altair Nanotechnology Inc., Invisage Technologies Inc., Life Technologies Corporation, LG Display, Microvision Inc., Nanosys Inc., Nano Axis LLC, Nexxus Lighting, Quantum Material Corporation, QD Laser Inc., Samsung Electronics Co. Ltd, Sony Corporation, and Sigma-Aldrich Co. LLC.

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