Navillum Nanotechnologies LLC is a chemical manufacturing company that has developed and patented an innovative method for fabricating quantum dots (QDs) and other types of semiconducting nanocrystals at commercial scale. Despite the great potential of quantum dot technology, a major barrier is how to produce high-quality quantum dots in large-scale or commercially viable amounts.
According to research conducted by a leading nanotechnology market research firm, the total market for quantum dots will grow from $67 million in 2010 to $670 million by 2015. Their attractiveness lies in their ability to have a significant impact on numerous diverse applications. These include biomedical, electronics, optoelectronics (displays and lighting), optics, solar energy, and security. Projections show that Optoelectronics is expected to have the largest market share of quantum dots, reaching a value of $310 million in 2015.
Some examples of the advantages of using quantum dots include an increase of energy savings by 35% over LED lighting while also improving color range by 50% over standard LED displays. Existing LED lighting can also be improved in order to match the Color Rendering Index of incandescent lights. The battery life of mobile devices will also increase with more energy efficient displays while solar panel efficiency will nearly double as well.
