Quantum Dot Sensor Market Revenue Set To Record Exponential Growth By 2022-2031

QDs Hold Potential as Biocompatible Carriers to Combat Coronavirus

Quantum dots (QDs) are multifaceted agents with the potential to inhibit the activity of the COVID-19 virus. Companies in the quantum dot sensor market are taking advantage of this opportunity to increase their availability in healthcare applications to effectively serve as biosensors and potential targeting agents for viruses and cancer cells. QDs, also known as semiconductor nanomaterials, conjugate with high fluorescent probes that are crucial for the detection of various cellular processes

QDs are being identified as a novel fluorescent probe for molecular imaging. Due to these exceptional properties, companies in the quantum dot sensor market are taking this opportunity to keep economies running by unlocking its potential as biocompatible carriers to combat coronavirus.

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R&D Helps Overcome Limitations of GQDs in Energy Storage Applications

Graphene quantum dots (GQDs) are gaining attention as nanomaterials consisting of a monolayer or a few layers of graphene having excellent and unique properties. The application of bare and functionalized GQDs in sensor, energy storage, and biological fields is grabbing the attention of companies in the quantum dot sensor market. However, there is a lack of research to ascertain its precise structure-property relationship. As a result, GQDs lead to significant inhomogeneity in surface functionality and dimension.

In order to overcome the limitations of GQDs, companies are collaborating with scientists and researchers to realize the correlation between the synthesis process dependent size variation and optical properties. As such, advanced methods are being used for careful handling and manufacturing of graphene as well as its derivatives.

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SWIR Detectors Built with QD Sensors Contribute to Industrial Renewal Strategy in France

Research & development (R&D) programs are gaining prominence in the quantum dot sensor market. French sensor firms, Lynred and New Imaging Technologies (NIT) are independently working to build next-gen infrared detectors. Companies are investing in R&D programs to develop small pixel pitch shortwave infrared (SWIR) detectors based on quantum dot sensors. French companies are gaining awareness about funding from the government as part of revamp the microelectronics ecosystem in France initiative.

The quantum dot sensor market is predicted to advance at an explosive CAGR of 23% during the forecast period. Companies are increasing focus to tap revenue opportunities in France’s industrial renewal strategy. This is sparking innovations in SWIR detectors that deliver the accuracy and throughput required for industrial process control scenarios.

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Non-toxic QDs Gain Popularity in Next-gen Wearable Devices, Smart Implants

The quantum dot sensor market is expected to reach the valuation of US$ 100 Mn by 2031. Companies are gaining awareness about researchers who are developing breakthrough quantum dot transistors to create a flexible alternative to conventional electronics. Researchers at the Los Alamos National Laboratory are collaborating with the team at the University of California, Irvine, to innovate in fundamental electronic building blocks out of tiny structures i.e. quantum dots.

Companies in the quantum dot sensor market are increasing the availability of inexpensive and manufacturing-friendly approach to complex electronic devices that can be fabricated in a chemistry lab via solution-based techniques. Future applications of non-toxic QDs include wearable devices, printable circuits, and smart implants, among others.

Use of CQDs to Detect NO2 in Automotive, Industrial Plants

Colloidal quantum dots (CQDs) are being investigated as promising building blocks for high-performance gas sensors, owing to their suitability for versatile functionalization through surface chemistry. Nitrogen dioxide (NO2) is an important air pollutant, since it contributes to the formation of photochemical smog and acid rains, thus affecting the tropospheric ozone. The reliable detection of NO2 has become necessary even at low concentration in different sectors such as automotive, industrial plants, and indoor & outdoor air quality assurance.

Companies in the quantum dot sensor market are increasing their R&D for enabling the technology in automatic systems capable of taking necessary measures to reduce unsafe concentrations through ventilation, filtering, and catalytic breakdown.

Quantum Dot Sensor Market: Overview
  • According to Transparency Market Research’s latest research report on the global quantum dot sensor market for the historical period of 20172019 and the forecast period of 20212031, growing demand for more energy efficient consumer electronic devices across the globe is the major factor expected to boost the global quantum dot sensor market during the forecast period
  • In terms of revenue, the global quantum dot sensor market is estimated to reach the value of US$ 100 Mn by 2031, expanding at a CAGR of 23% during the forecast period
Growing Demand from Display Manufacturers: Key Driver of Quantum Dot Sensor Market
  • Quantum dots produce high-level brightness for many augmented devices, including TVs, laptops, and large-format displays. Quantum dots use a pure blue backlight and precise red and green filters to produce a true white light, which can then be filtered into better-looking colors. Manufacturers than can drive up the color brightness and array of the display with the help of quantum dot sensors.
  • This has led to an increase in demand from display and TV manufacturers for the use of quantum dots sensors in their products
  • Thus, the use of quantum dots sensors has grown in the past several years, as this technology enables manufacturers to produce the next generation, high-definition TV, and display screens
  • As a result, demand for quantum dot sensors is significantly high, which is expected to drive the growth rate of the global quantum dot sensor market during the forecast period
  • Substantial increase in demand over the past few years for more energy-efficient consumer electronic devices such as digital cameras, smartphones, and biological sensors, which uses quantum dot sensors, also boosts the growth of the global quantum dot sensor market
Ease of Manufacturing Quantum Dot Sensors
  • Silicon-based sensors have difficulties in manufacturing next-generation image sensors. The major disadvantage of silicon is that it fails to capture light more efficiently.
  • Light emission and/or absorption materials have varied applications in phosphors, lasers, sensors, LEDs, displays, solar cells, photodetectors, and medical imaging devices. Quantum dots of semiconductor materials have a direct bandgap that provides efficient absorption and emission, along with spectral tenability from blue to red through size selection.
  • New quantum dot sensors use the quantum dot technology and a simple integration method that captures the maximum portion of an image with extremely high quality. In addition, Quantum Film is the next-generation camera platform. Hence, Quantum Film in mobile handsets and cameras, and other applications have increased demand for small, high-performance image quantum dot sensors. The impact of this driver is expected to be high in the quantum-dot sensor market for the short, medium, and long term.
  • Thus, easing of quantum dot sensor manufacturing and achieving high-performance efficiencies of quantum dot sensors are projected to have a positive impact on the market during the forecast period

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