Quantum Sensors - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Quantum Sensors Market is accounted for $142.22 million in 2018 and is expected to reach $495.50 million by 2027 growing at a CAGR of 14.9% during the forecast period. Increasing government investment in quantum research and introduction of modern technologies are the major factors driving the market growth. However, lack of awareness coupled with the high cost of research and development is restraining market growth.
A quantum sensor is a quantum device that responds to a stimulus. Usually, this refers to a sensor which has quantized energy levels, uses quantum coherence to measure a physical quantity, or uses entanglement to improve measurements beyond what can be done with classical sensors. Quantum sensors including gravimeters and atomic clocks are developed by using atoms cooled at temperatures near to absolute zero.
Based on the product, the Photosynthetically Active Radiation (PAR) Quantum Sensors segment is likely to have a huge demand due to the rising number of environmental studies and agronomic and agricultural research projects. By geography, North America is going to have a lucrative growth during the forecast period because the high demand for precision measurement is increasing in industries and research institutes due to the development of new technologies.
Some of the key players profiled in the Quantum Sensors Market include Cryogenic Limited, Supracon AG, GWR Instruments Inc, Microsemi Corp., Muquans SAS, AOSense, Inc, MSquared Lasers Ltd, Oscilloquartz S.A., Apogee Instruments, Skye Instruments Ltd., Kipp & Zonen B, and ADVA Optical Networking SE.
• Military and Defense
• Oil and Gas
• IT & Telecommunication
• Coral Aquarium
• Atomic Clocks
• Gravity Sensors
• Imaging Sensors
• Photosynthetically Active Radiation (PAR) Quantum Sensors
• Magnetic Sensors
• Rotational Sensors
• Temperature Sensors
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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