Market Overview:
The global quantum sensors market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for quantum sensors in various applications such as defense, oil & gas, transportation, construction, medical & healthcare, IT & telecommunication and agriculture. Additionally, the growing awareness about the benefits of using quantum sensors is also contributing to the growth of this market. However, factors such as high cost and lack of standardization are restraining the growth of this market.
Product Definition:
Quantum Sensors are sensors that detect and measure the quantum state of a particle. These sensors can be used to detect and measure the position, momentum, energy, and spin of a particle. The importance of quantum sensors is that they can be used to detect very small changes in these properties, which makes them ideal for use in precision measurements.
Atomic Clock:
Atomic clocks are the most accurate timepieces available in the market. They are used for measuring time with an accuracy of better than 1 second.1 There is a wide range of atomic clocks available in the market varying from low cost to high end products. The factors that propel their demand include easy availability and low maintenance costs, along with precise measurement of time and long-term stability.
Gravity Sensor:
Gravity sensors are used in quantum sensors market owing to their ability to measure the angle of rotation, inclination and vibration with high accuracy. The technology is still at its nascent stage and has huge potential for growth in commercial applications. Quantum sensor manufacturers have started integrating these devices into their products as they provide a competitive edge over other technologies available in the market today. For instance, In June 2016, Honeywell International Inc.
Application Insights:
The defense application segment dominated the global quantum sensors market in 2017. The growing use of quantum dots in military aircraft and tanks for providing enhanced visibility and protection against hackers is expected to be a key factor driving the demand over the forecast period.
The oil & gas industry is one of the leading adopters of these devices owing to their ability to provide accurate measurements in harsh environments, such as deep sea exploration or under water tunnels. Furthermore, they are also used extensively during natural gas production activities for monitoring pressure fluctuations due to sound waves or earthquakes at different frequencies. These factors are likely to drive product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period owing to increasing investments and collaborations between governments and organizations. For instance, in 2015, the National Institute of Standards and Technology (NIST) along with partners from industry introduced a new standard for quantum sensors called NIST Quantum Experience (QX). This initiative was taken to develop advanced technologies for measurement of qubits using light.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising demand from various application industries such as defense & security, oil & gas, transportation etc. Countries such as China are investing heavily in research activities related to development of new generation sensors that can withstand high temperatures up till 100 Kelvin degree Celsius which will help them dominate this market across this region during the forecast period as well as future years ahead.
Growth Factors:
- Increasing demand for quantum sensors in defense and security applications
- Rising demand for quantum sensors in medical diagnostics and therapeutics
- Growing popularity of quantum sensors in industrial and commercial applications
- Proliferation of Internet-of-Things (IoT) and big data analytics driving the need for more sensitive and accurate sensing devices
- Government initiatives to promote development of quantum technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Quantum Sensors Market Research Report
By Type
Atomic Clock, Gravity Sensor, Magnetic Sensor, Rotation Sensors, Imaging Sensors, Temperature Sensors
By Application
Defense, Oil & Gas, Transportation, Construction, Medical & Healthcare, IT & Telecommunication, Agriculture, Others
By Companies
Muquans SAS, Microsemi Corp., AOSense, Inc, GWR Instruments Inc, Oscilloquartz S.A., MSquared Lasers Ltd, Cryogenic Limited, Supracon AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Quantum Sensors Market Report Segments:
The global Quantum Sensors market is segmented on the basis of:
Types
Atomic Clock, Gravity Sensor, Magnetic Sensor, Rotation Sensors, Imaging Sensors, Temperature Sensors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Defense, Oil & Gas, Transportation, Construction, Medical & Healthcare, IT & Telecommunication, Agriculture, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Muquans SAS
- Microsemi Corp.
- AOSense, Inc
- GWR Instruments Inc
- Oscilloquartz S.A.
- MSquared Lasers Ltd
- Cryogenic Limited
- Supracon AG
Highlights of The Quantum Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Atomic Clock
- Gravity Sensor
- Magnetic Sensor
- Rotation Sensors
- Imaging Sensors
- Temperature Sensors
- By Application:
- Defense
- Oil & Gas
- Transportation
- Construction
- Medical & Healthcare
- IT & Telecommunication
- Agriculture
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Quantum Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Quantum sensors are devices that use quantum mechanics to detect and measure the properties of matter. They can be used to detect small changes in temperature, pressure, or other physical variables.
Some of the major players in the quantum sensors market are Muquans SAS, Microsemi Corp., AOSense, Inc, GWR Instruments Inc, Oscilloquartz S.A., MSquared Lasers Ltd, Cryogenic Limited, Supracon AG.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Quantum Sensors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Quantum Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Quantum Sensors Market - Supply Chain
4.5. Global Quantum Sensors Market Forecast
4.5.1. Quantum Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Quantum Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Quantum Sensors Market Absolute $ Opportunity
5. Global Quantum Sensors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Quantum Sensors Market Size and Volume Forecast by Type
5.3.1. Atomic Clock
5.3.2. Gravity Sensor
5.3.3. Magnetic Sensor
5.3.4. Rotation Sensors
5.3.5. Imaging Sensors
5.3.6. Temperature Sensors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Quantum Sensors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Quantum Sensors Market Size and Volume Forecast by Application
6.3.1. Defense
6.3.2. Oil & Gas
6.3.3. Transportation
6.3.4. Construction
6.3.5. Medical & Healthcare
6.3.6. IT & Telecommunication
6.3.7. Agriculture
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Quantum Sensors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Quantum Sensors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Quantum Sensors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Quantum Sensors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Quantum Sensors Demand Share Forecast, 2019-2026
9. North America Quantum Sensors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Quantum Sensors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Quantum Sensors Market Size and Volume Forecast by Application
9.4.1. Defense
9.4.2. Oil & Gas
9.4.3. Transportation
9.4.4. Construction
9.4.5. Medical & Healthcare
9.4.6. IT & Telecommunication
9.4.7. Agriculture
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Quantum Sensors Market Size and Volume Forecast by Type
9.7.1. Atomic Clock
9.7.2. Gravity Sensor
9.7.3. Magnetic Sensor
9.7.4. Rotation Sensors
9.7.5. Imaging Sensors
9.7.6. Temperature Sensors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Quantum Sensors Demand Share Forecast, 2019-2026
10. Latin America Quantum Sensors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Quantum Sensors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Quantum Sensors Market Size and Volume Forecast by Application
10.4.1. Defense
10.4.2. Oil & Gas
10.4.3. Transportation
10.4.4. Construction
10.4.5. Medical & Healthcare
10.4.6. IT & Telecommunication
10.4.7. Agriculture
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Quantum Sensors Market Size and Volume Forecast by Type
10.7.1. Atomic Clock
10.7.2. Gravity Sensor
10.7.3. Magnetic Sensor
10.7.4. Rotation Sensors
10.7.5. Imaging Sensors
10.7.6. Temperature Sensors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Quantum Sensors Demand Share Forecast, 2019-2026
11. Europe Quantum Sensors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Quantum Sensors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Quantum Sensors Market Size and Volume Forecast by Application
11.4.1. Defense
11.4.2. Oil & Gas
11.4.3. Transportation
11.4.4. Construction
11.4.5. Medical & Healthcare
11.4.6. IT & Telecommunication
11.4.7. Agriculture
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Quantum Sensors Market Size and Volume Forecast by Type
11.7.1. Atomic Clock
11.7.2. Gravity Sensor
11.7.3. Magnetic Sensor
11.7.4. Rotation Sensors
11.7.5. Imaging Sensors
11.7.6. Temperature Sensors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Quantum Sensors Demand Share, 2019-2026
12. Asia Pacific Quantum Sensors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Quantum Sensors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Quantum Sensors Market Size and Volume Forecast by Application
12.4.1. Defense
12.4.2. Oil & Gas
12.4.3. Transportation
12.4.4. Construction
12.4.5. Medical & Healthcare
12.4.6. IT & Telecommunication
12.4.7. Agriculture
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Quantum Sensors Market Size and Volume Forecast by Type
12.7.1. Atomic Clock
12.7.2. Gravity Sensor
12.7.3. Magnetic Sensor
12.7.4. Rotation Sensors
12.7.5. Imaging Sensors
12.7.6. Temperature Sensors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Quantum Sensors Demand Share, 2019-2026
13. Middle East & Africa Quantum Sensors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Quantum Sensors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Quantum Sensors Market Size and Volume Forecast by Application
13.4.1. Defense
13.4.2. Oil & Gas
13.4.3. Transportation
13.4.4. Construction
13.4.5. Medical & Healthcare
13.4.6. IT & Telecommunication
13.4.7. Agriculture
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Quantum Sensors Market Size and Volume Forecast by Type
13.7.1. Atomic Clock
13.7.2. Gravity Sensor
13.7.3. Magnetic Sensor
13.7.4. Rotation Sensors
13.7.5. Imaging Sensors
13.7.6. Temperature Sensors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Quantum Sensors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Quantum Sensors Market: Market Share Analysis
14.2. Quantum Sensors Distributors and Customers
14.3. Quantum Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Muquans SAS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Microsemi Corp.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AOSense, Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GWR Instruments Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Oscilloquartz S.A.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MSquared Lasers Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cryogenic Limited
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Supracon AG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
