Quantum dots

Main article: Quantum physics

Quantum dots are semiconductor nanocrystals with unique electrical and optical properties. Their dimensions are measured in nanometers and are only a few thousandths of the thickness of a human hair. Quantum dots find application in solar panels, photocatalysis, medicine and quantum computing. Depending on the size, quantum dots emit light in different colors, creating exceptionally clean and bright shades: thanks to this, high-quality displays can be created on their basis.

2024: Global Quantum Dot Market Exceeds $7 Billion for the Year

In 2024, costs in the global quantum dot market reached $7.03 billion. More than 40% of this amount was in the Asia-Pacific region. Such data are provided in a Fortune Business Insights study, the results of which TAdviser reviewed in mid-August 2025.

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Фото: Freepik

One of the significant drivers of the industry, analysts call the rapid development of artificial intelligence. Neural networks help in the development of advanced technologies, accelerating innovation and reducing the burden on employees. AI algorithms allow you to overcome bottlenecks in research and development in the field of nanotechnology. The use of quantum dots in the medical field is gaining momentum. For example, quantum dot-based magnetic resonance imaging (MRI) contrast agents have a number of advantages over traditional formulations.

The COVID-19 pandemic has had a negative impact on the market, triggering supply chain disruptions and the suspension of many businesses. But, as the authors of the study note, the sector quickly recovered due to the growing demand for quantum dots for displays and medical imaging systems. Another negative factor is the tension between the United States and China. Sanctions and tariff policies of the American authorities led to increased costs and strategic changes in production and research processes. In this regard, many enterprises producing quantum dot TVs have moved their production facilities to South Asian countries. Suppliers are forced to change work models to remain competitive. Some companies are moving equipment assembly operations to countries such as Vietnam and Mexico to avoid U.S. import duties.

In 2024, the display segment took a leading position in the global quantum dot market. In terms of application, the consumer sector, health care, the defense industry, the media and entertainment, etc., are distinguished. In 2024, more than half of global spending - 50.9% - fell on the first of these segments. At the same time, the health sector is showing the highest average annual growth rates. From a geographical point of view, the Asia-Pacific region dominates with a share of 40.5%, or $2.85 billion. Globally, significant players are:

• Shoei Chemical (Nanosys);
• Samsung Electronics (Samsung Display);
• Nanoco Group;
• Merck KGaA;
• Quantum Materials;
• UbiQD;
• QDI Systems;
• Ocean Nanotech;
• NNCrystal US Corporation;
• Avantama;
• QustomDot BV;
• Thermo Fisher Scientific;
• TCL China Star Optoelectronics Technology;
• QD Laser;
• LG Electronics;
• NanoPhotonica;
• Crystalplex;
• Osram Licht AG;
• Dow Chemical Company.

In 2025, the market size is expected to reach $8.21 billion. Fortune Business Insights analysts believe that in the future, the CAGR will be 17.6%. Thus, by 2032, costs may increase to $25.54 billion.^[1]

2023: Quantum dots bring Nobel Prize to scientist from Russia

The Nobel Prize in Chemistry in October 2023 was awarded to a scientist from Russia Alexei Yekimov, Americans Munga Bavendi and Louis Bruce. They won the award for the discovery and synthesis of quantum dots. Read more here.

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