sales@fnfresearch.comTel: +91 96043 17127 | USA: 1 (347) 690-0211

Home / All latest News / Global Quantum Dot Solar Cell Market

Global Quantum Dot Solar Cell Market Projected To Grow USD 2,319.8 Million by 2026

08-Jul-2021 | Facts and Factors

According to a Facts and Factors report, the global quantum dot solar cells market was registered at approximately USD 758.1 Million in 2020 and is expected to generate revenue of almost USD 2,319.8 Million by the year 2026, growing at a CAGR of approximately 20.5% between 2021 and 2026.

A quantum dot solar cell (QDSC) is a type of solar cell that employs quantum dots as the photovoltaic material. It is used in place of bulky materials like silicon or copper indium gallium selenide.

Request Sample Request Customization Buy Now

The solar photovoltaic market is one of the world's fastest-growing energy markets. The solar power industry will grow by a factor of ten by 2030. In order for solar energy to succeed, a new technology that can provide superior efficiencies while also lowering costs below standard silicon PV panels is required. Quantum dot solar cells have the potential to be that technology.

Increasing preferences for environmentally friendly energy sources, growing applications in the medical sector as well as in harnessing devices, an increase in research and development activities, and an increase in the use of quantum dot in high bandwidth operations are some of the factors that will likely boost the growth of the quantum dot solar cell market during the forecast period of 2021-2026. Adoption of nanotechnology, on the other hand, will boost various opportunities, leading to the growth of the Quantum dot solar cell market during the forecast period.

Top Market Players

Major market players operative in the global quantum dot solar cell market are Plasmachem GmbH, Zhijing Nanotech Co. Ltd., Samsung Electronics, Avantama AG, Quantum Solutions LLC, Crystalplex Corporation, Osram Licht, Nanoco Group, Green Science Alliance Co. Ltd., Nanosys, Navillum Nanotechnologies, NN-Labs, and Ocean NanoTech amongst others.

Increase in the use of quantum dot in high bandwidth operations

Increasing preferences for environmentally friendly energy sources, growing applications in the medical sector as well as in harnessing devices, an increase in research and development activities, and an increase in the use of quantum dot in high bandwidth operations are some of the factors that will likely boost the growth of the quantum dot solar cell market during the forecast period of 2021-2026. Adoption of nanotechnology, on the other hand, will boost various opportunities, leading to the growth of the Quantum dot solar cell market during the forecast period. Strict cadmium usage regulations will act as a market restraint for quantum dot solar cells during the forecasted period.

Quantum dot solar cells have the potential for solar, or photovoltaic, cells that reduce wasteful heat while maximizing the amount of solar energy converted to electricity. This is significant in terms of making solar energy more cost-competitive with traditional power sources.

Existing solar cells have conversion efficiencies as high as 33%, but production solar cells installed on roofs have a much lower efficiency on average. As a result, if quantum dot solar cells could be mass-produced at a low cost, they would be at least three times more efficient than currently manufactured solar cells. Quantum dot-based solar cells could convert more than 65 percent of the sun's energy into electricity.

Technological advancements have resulted in the production of quantum dot solar cells with high power conversion efficiency (PCE) and modified band tuning via dipole, density, and orientation of the self-assembled monolayers (SAMs). During the forecast period, demand for such QDSCs is expected to rise. The growing demand for highly efficient and low-cost quantum dots in hybrid solar cells for a variety of applications is also expected to drive the overall QDSC market.

North America is anticipated to lead global quantum dot solar cell market growth

North America will dominate the quantum dot solar cell market due to the adoption of advanced technology in the United States and Canada, as well as rising research and development activities, whereas Asia-Pacific will grow in the forecast period of 2021-2026 due to rising demand for environmentally friendly sources of energy, as well as the prevalence of investment in research activities in the region.

Browse the full report “Quantum Dot Solar Cell Market by Product Type (Quantum Dot Solar Cells, Quantum Dot Hybrid Solar Cells, and Quantum Nanowire Solar Cells), By Material (Cadmium-Based and Cadmium-Free) and By End User (Consumer, Commercial, Healthcare, Defense, Telecommunications. and Others): Global and Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026” at https://www.fnfresearch.com/quantum-dot-solar-cell-market

The global quantum dot solar cell market is segmented as follows:

By Product Type:

  • Quantum Dot Solar Cells
  • Quantum Dot Hybrid Solar Cells
  • Quantum Dot Nanowire Solar Cells

By Material:

  • Cadmium-Based
  • Cadmium-Free

By End user:

  • Consumer
  • Commercial
  • Healthcare
  • Defense
  • Telecommunications.
  • Others

By Region:

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:
Facts & Factors

A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: sales@fnfresearch.com

Latest Added Market Report

3D Machine Vision Market By Component (hardware and Software), By Product Type (Smart Camera-Based and PC Based), By Application (Quality Assurance & Inspection, Positioning & Guidance, Measurement and Identification), and By Industry Vertical (Automotive, Pharmaceuticals & Chemicals, Electronics & Semiconductor, Pulp & Paper, Printing & Labelling, Food & Beverage (Packaging and Bottling), Glass & Metal, Postal & Logistics, and Others): Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026

According to a Facts Factors market research report, the global demand for 3D machine vision market stood at about USD 1.59 Billion in 2020; further, this revenue is expected to touch USD 2.84 Billion by year 2026, increasing at a CAGR of around 9.8% from 2021 to 2026. Global 3D Machine Vision Market: Overview With technolog ...

Published Date : 02-Aug-2021 | | Category : Automotive | Pages : 177 | Format : Read more

Packaged Food Market By Product Type (Bakery & Confectionery Products, Beverages, Breakfast Cereals, Dairy Products, Ice Creams & Frozen Novelties, Processed Meats, Ready-to-Eat Meals, Rice, Pasta, & Noodles, Sauces, Dressings, & Condiments, Snacks & Nutritional Bars, and Others), Distribution Channel (Hypermarkets and Supermarkets, Convenience Store, Online Retailers, and Others): The U.S. Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026

According to a research survey released by Facts and Factors Research, the demand for Packaged Food Market in the United States stood at USD 996.6 billion in year 2020 and is projected to cross USD 1268.3 billion by the end of year 2026, rising at a CAGR of nearly 4.10% between 2021 and 2026. U.S. Packaged Food Market: Overview&n ...

Published Date : 02-Aug-2021 | | Category : Food & Beverages | Pages : 172 | Format : Read more

Foldable Electric Scooter Market By Type (Unicycle and Two-wheel), By Load Variation (Maximum Load Below 200 Pounds and Maximum Load 200-250 pounds), By Battery Type (Sealed Lead Acid Battery, Lithium-ion Battery, and Other), By Voltage (24V, 36V, 48V, and Above 48V), By Distribution Channel (E-Commerce and Retail Store), and By End-user (Children and Adult): Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026

[223+ Pages Report] As per the research report by the Facts and Factors market, the global foldable electric scooter market generated sales revenue of USD 1.92 Billion in 2020. Further, the foldable electric scooter sales are expected to generate revenue of USD 3.50 Billion by the end of 2026, increasing at a CAGR of around 10.5% from 2021 to 2026. <img src="/Content/UploadedImages/Foldabl ...

Published Date : 30-Jul-2021 | | Category : Automotive | Pages : 223 | Format : Read more

Facts & Factors provides an array of marketing and business research solutions distinctly designed by our expertise for the clients.
Copyright © 2020 Facts & Factors. All Rights Reserved. Sitemap - Privacy Policy - Terms & Conditions