According to a new market research report published by MarketsandMarkets, the Quantum Dot Market is estimated to reach $4,704.86 Million by 2020, at a CAGR of 63.61% from 2014 to 2020.
The quantum dots market is expected to grow at an impressive CAGR rate; it holds a great potential to cater to various industries such as consumer, healthcare among others. The quantum dots technology is used in many applications due to the technological advancement such as low energy consumption, vibrant displays. The quantum dots market is estimated to grow at a CAGR of 63.23% from 2014 to 2020, which includes an in-depth analysis of the market by product, application, material, and geography.
The competitive landscape of the market presents a very interesting picture. The market is witnessing new product launches, large scale collaborations, and agreements and partnerships across the value chain, with a number of tier-one players around the globe.