Graphene Quantum Dots (GQDs) Market Segmentation by Form (Liquid, and Powder); by Application (Bio-Imaging, Cancer Therapeutics, Temperature Sensing, Drug Delivery, LEDs Lighter Converters, and Others); and by End-User (Consumer, Commercial, Healthcare, Defense, and Others)-Global Demand Analysis & Opportunity Outlook 2020-2030

Global Graphene Quantum Dots (GQDs) Market Highlights Over 2020 - 2030

The global graphene quantum dots (GQDs) market is estimated to garner a revenue of USD 15673.2 Thousand by the end of 2030, by growing at a CAGR of 22.93% over the forecast period, i.e., 2021 – 2030. Moreover, in the year 2020, the market generated a revenue of USD 2058.0 Thousand. The growth of the market can be attributed to the rising advancements in the field of medical science, backed by increasing expenditure on health, along with the growing developments in bioimaging technologies. According to the statistics by the World Bank, the current health expenditure per capita grew from USD 914.21 (current US$) in the year 2010 to USD 1110.268 in the year 2018. Graphene quantum dots (GQDs) are a type of nanomaterial which are used largely for biomedical applications, backed by the unique features, such as physiological stability, high loading capacity, strong photoluminescence, biocompatibility, and ease of manufacturing. These nanomaterials are also used as bioimaging agents to detect chronic diseases, such as cancer, cardiovascular diseases, neurodegenerative disorders, autoimmune diseases, and others. GQDs are also known to detect ultralow concentrations of relevant biomarkers, pathogens, toxins, and pharmaceuticals in biological matrices.

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The growth of the global graphene quantum dots (GQDs) market can also be attributed to the growing application of GQDs in the field of optoelectronics, backed by the growing demand for different types of display panels globally. With the advent of high-definition display panels, there is a growing need for high brightness and high color intensity LEDs. GQDs allow blue LEDs to create more saturate and finely defined primary colors, and consequently imprecise the light spectrum associated with white LEDs. Moreover, GQDs can also be easily integrated during the manufacturing process of display panels, as compared to OLEDs. Such factors are therefore anticipated to drive the growth of the market in the coming years.

Global Graphene Quantum Dots (GQDs) Market Regional Synopsis

Regionally, the global graphene quantum dots (GQDs) market is segmented into North America, Europe, Asia Pacific, and Rest of the World. The market in the Asia Pacific is anticipated to garner the largest revenue of USD 6284.6 Thousand by the end of 2030, up from a revenue of USD 750.4 Thousand in the year 2020. The growth of the market in the region can primarily be attributed to the presence of countries, such as China, who are the largest manufacturers and exporters of display panels worldwide. According to the statistics by the International Trade Center (ITC), the value of exports of indicator panels that are made with LCD or LEDs increased from USD 700489 Thousands in the year 2011 to USD 1010201 Thousands in the year 2019. The market in the region is further segmented by country into Japan, South Korea, China, India, and Rest of Asia Pacific. Amongst these countries, the market in South Korea is anticipated to garner the largest revenue of USD 1685.8 Thousand by the end of 2030, up from a revenue of USD 200.2 Thousand in the year 2020.

Growth Drivers and Challenges Impacting the Growth of the Global Graphene Quantum Dots (GQDs) Market

Growth Drivers

• Rise in the Adoption of Graphene Quantum Dots for Biomedical Applications

• Growing Application of GQDs in the Field of Optoelectronic

Challenges

• High Cost of GQDs

• Availability of Low-Cost Alternatives

Global Graphene Quantum Dots (GQDs) Market Segmentation Synopsis

The global graphene quantum dots (GQDs) market is segmented by form into liquid, and powder, out of which, the powder format is expected to garner the largest revenue by the end of 2030, and also grow with the highest CAGR of 23.1% during the forecast period. By application, the market is segmented into bio-imaging, cancer therapeutics, temperature sensing, drug delivery, LEDs lighter converters, and others. Out of these, the temperature sensing segment is anticipated to garner the largest revenue of USD 5676.8 Thousand by the end of 2030, up from a revenue of USD 644.7 Thousand in the year 2020. By end-user, the market is segmented into consumer, commercial, healthcare, defense, and others. Out of these, the healthcare segment is anticipated to garner the largest revenue of USD 7227.3 Thousands by the end of 2030, up from a revenue of USD 917.6 Thousands in the year 2020.

Key Companies Dominating the Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global graphene quantum dots (GQDs) market that are included in our report are Merck KGaA, NANOCHEMAZONE, Sisco Research Laboratories Pvt. Ltd., American Elements, ACS Material, LLC, Graphene Square Inc., Strem Chemicals, Inc., Dotz Nano Limited, Green Science Alliance Co., Ltd., and others.

Latest Developments in the Global Graphene Quantum Dots (GQDs) Market:

• February 16^th, 2017: Strem Chemicals, Inc. announced that it has signed a distribution agreement with Dotz Nano Ltd., where the former would be provided with a license to become a global distributor of graphene quantum dots of Dotz Nano Ltd.

• January 14^th, 2020: ACS Material, LLC announced that it has launched a new product known as the Graphene/Silver Nanowire Composite Transparent Conductive Film (TCF).

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Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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