Global Quantum Sensors Market 2024-2028

Global Quantum Sensors Market 2024-2028

The quantum sensors market is forecasted to grow by USD 560.5 mn during 2023-2028, accelerating at a CAGR of 13.47% during the forecast period. The report on the quantum sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing focus on quantum computing research in universities, increasing government initiatives and funding programs on quantum technology research and development, and rising demand for quantum sensors in environmental monitoring.

Technavio's quantum sensors market is segmented as below:

By Product

• Atomic clocks
• PAR quantum sensors
• Gravity sensors
• Magnetic sensors
• Others

By Application

• Aerospace and defense
• Automotive
• Oil and gas
• Healthcare
• Others

By Geographical Landscape

• Europe
• North America
• APAC
• Middle East and Africa
• South America

This study identifies the increasing developments and investments in quantum sensor industries as one of the prime reasons driving the quantum sensors market growth during the next few years. Also, integration of AI and machine learning in quantum sensors and miniaturization and integration of quantum sensors into existing systems and devices will lead to sizable demand in the market.

The report on the quantum sensors market covers the following areas:

• Quantum sensors market sizing
• Quantum sensors market forecast
• Quantum sensors market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading quantum sensors market vendors that include ADVA Optical Networking SE, AOSense Inc., Apogee Instruments Inc., Biospherical Instruments Inc., GWR Instruments Inc., Impedans Ltd., Irradian Ltd., Kipp and Zonen BV, LI COR Inc., M Squared Lasers Ltd., Mesotech International Inc., Muquans, OTT HydroMet GmbH, Robert Bosch GmbH, Sea Bird Scientific, Skye Instruments Ltd., Spectrum Technologies Inc., Virtual Hydromet, and Microchip Technology Inc.. Also, the quantum sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth. Show more