Product Code: CYB0109
The global Quantum Sensors market is projected to grow at a CAGR of 15.3% by 2034
The Quantum Sensors Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Advancements in Quantum Technology and Research
The global quantum sensors market is significantly driven by advancements in quantum technology and research. As scientific understanding of quantum mechanics improves, the development of more sophisticated and sensitive quantum sensors becomes possible. Quantum sensors exploit the principles of superposition and entanglement to measure physical quantities with unprecedented accuracy. For example, research institutions such as the Massachusetts Institute of Technology (MIT) and companies like IBM and Google are investing heavily in quantum research. These advancements are leading to the creation of highly sensitive magnetometers, gravimeters, and atomic clocks, which are crucial for various applications ranging from medical imaging to navigation. The continuous progress in quantum technology is expanding the potential applications of quantum sensors, making them more viable for commercial use and driving market growth.
Lack of Skilled Professionals Capable of Developing and Working with Quantum Technologies
One of the significant challenges hindering the quantum sensor market is the shortage of skilled professionals capable of developing and effectively working with quantum technologies. Quantum sensors, leveraging principles of quantum mechanics, require specialized knowledge in quantum computing, nanotechnology, and advanced physics. However, the pool of experts proficient in these fields remains limited, posing a bottleneck to the widespread adoption and advancement of quantum sensor technologies.
The complexity of quantum systems demands expertise not only in theoretical quantum mechanics but also in practical applications and experimental methodologies. Developing quantum sensors involves overcoming technical challenges such as maintaining quantum coherence, optimizing sensor performance, and integrating quantum systems with existing technologies. Without a sufficiently skilled workforce, companies and research institutions face delays in innovation cycles and may struggle to fully exploit the capabilities of quantum sensors across various industries.
What Questions Should You Ask before Buying a Market Research Report?
How is the quantum sensors market evolving?
What is driving and restraining the quantum sensors market?
How will each quantum sensors submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
How will the market shares for each quantum sensors submarket develop from 2024 to 2034?
What will be the main driver for the overall market from 2024 to 2034?
Will leading quantum sensors markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
Who are the leading players and what are their prospects over the forecast period?
What are the quantum sensors projects for these leading companies?
How will the industry evolve during the period between 2024 and 2034? What are the implications of quantum sensors projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the quantum sensors market?
Where is the quantum sensors market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the quantum sensors market today, and over the next 10 years:
Our 336-page report provides 112 tables and 150 charts/graphs exclusively to you.
The report highlights key lucrative areas in the industry so you can target them - NOW.
It contains in-depth analysis of global, regional and national sales and growth.
It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the quantum sensors market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2034 and other analyses reveal commercial prospects
In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
You will find original analyses, with business outlooks and developments.
Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising quantum sensors prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, "V", "L", "W" and "U" are discussed in this report.
Segments Covered in the Report
Market Segment by Component
Quantum Dots
Quantum Cascade Lasers
Other Components
Market Segment by Application
Aerospace & Defence
Oil & Gas
Automotive
Other Applications
Market Segment by Platform
Neutral Atoms
Trapped Ions
Nuclear Magnetic Resonance
Optomechanics
Other Platforms
Market Segment by Product Type
Atomic Clocks
Magnetometers
Gradiometers
Imaging Devices
Quantum Metrology Devices
Other Products
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:
North America
U.S.
Canada
Europe
Germany
Spain
United Kingdom
France
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Quantum Sensors Market, 2024 to 2034, with a focus on this segment of these companies' operations.
Leading companies profiled in the report
AOSense, Inc.
Apogee Instruments, Inc.
Atomionics Pte. Ltd.
Campbell Scientific, Inc.
GEM Systems Inc
ID Quantique
Impedans Ltd
Kipp & Zonen
LI-COR, Inc.
M Squared Ltd
Nomad Atomics
Q-CTRL
Qnami
Sea-Bird Scientific
Skye Instruments Ltd
Overall world revenue for Quantum Sensors Market, 2024 to 2034 in terms of value the market will surpass US$638.6 million in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the Quantum Sensors Market, 2024 to 2034 report help you?
In summary, our 330+ page report provides you with the following knowledge:
Revenue forecasts to 2034 for Quantum Sensors Market, 2024 to 2034 Market, with forecasts for component, application, platform, and product type, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
Revenue forecasts to 2034 for four regional and 20 key national markets - See forecasts for the Quantum Sensors Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
Prospects for established firms and those seeking to enter the market - including company profiles for 15 of the major companies involved in the Quantum Sensors Market, 2024 to 2034.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain's study is for everybody needing commercial analyses for the Quantum Sensors Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.
Table of Contents
1 Report Overview
- 1.1 Objectives of the Study
- 1.2 Introduction to Quantum Sensors Market
- 1.3 What This Report Delivers
- 1.4 Why You Should Read This Report
- 1.5 Key Questions Answered by This Analytical Report
- 1.6 Who Is This Report for?
- 1.7 Methodology
- 1.7.1 Market Definitions
- 1.7.2 Market Evaluation & Forecasting Methodology
- 1.7.3 Data Validation
- 1.7.3.1 Primary Research
- 1.7.3.2 Secondary Research
- 1.8 Frequently Asked Questions (FAQs)
- 1.9 Associated Visiongain Reports
- 1.10 About Visiongain
2 Executive Summary
3 Market Overview
- 3.1 Key Findings
- 3.2 Market Dynamics
- 3.2.1 Market Driving Factors
- 3.2.1.1 Growing Use of Quantum Sensor in Space Industry
- 3.2.1.2 Emerging Biomedical and Health Sciences Market Driving the Market Growth
- 3.2.1.3 Rising Use of Quantum Sensors for Accurate Navigation in Oceanography and Marine Application
- 3.2.2 Market Restraining Factors
- 3.2.2.1 Lack of Skilled Professionals Capable of Developing and Working with Quantum Technologies
- 3.2.2.2 The Production of Quantum Sensors Involves Expensive Materials and Complex Manufacturing Processes
- 3.2.2.3 Regulatory Hurdles Hinder the Market Growth
- 3.2.3 Market Opportunities
- 3.2.3.1 Government and Private Sectors Investment Opportunities for the Market Growth
- 3.2.3.2 Collaboration and partnership Between Market Players Opportunities for the Market Growth
- 3.2.3.3 Launching New Products in the Quantum Sensor Market Opportunities for Market Growth
- 3.3 Porter's Five Forces Analysis
- 3.3.1 Bargaining Power of Suppliers (Medium to High)
- 3.3.2 Bargaining Power of Buyers (Low)
- 3.3.3 Competitive Rivalry (Medium to High)
- 3.3.4 Threat from Substitutes (Low)
- 3.3.5 Threat of New Entrants (Medium)
- 3.4 COVID-19 Impact Analysis
- 3.4.1 "V-Shaped Recovery"
- 3.4.2 "U-Shaped Recovery"
- 3.4.3 "W-Shaped Recovery"
- 3.4.4 "L-Shaped Recovery"
- 3.5 PEST Analysis
4 Quantum Sensors Market Analysis by Component
- 4.1 Key Findings
- 4.2 Component Segment: Market Attractiveness Index
- 4.3 Quantum Sensors Market Size Estimation and Forecast by Component
- 4.4 Quantum Dots
- 4.4.1 Market Size by Region, 2024-2034 (US$ Million)
- 4.4.2 Market Share by Region, 2024 & 2034 (%)
- 4.5 Quantum Cascade Lasers
- 4.5.1 Market Size by Region, 2024-2034 (US$ Million)
- 4.5.2 Market Share by Region, 2024 & 2034 (%)
- 4.6 Other Components
- 4.6.1 Market Size by Region, 2024-2034 (US$ Million)
- 4.6.2 Market Share by Region, 2024 & 2034 (%)
5 Quantum Sensors Market Analysis by Application
- 5.1 Key Findings
- 5.2 Application Segment: Market Attractiveness Index
- 5.3 Quantum Sensors Market Size Estimation and Forecast by Application
- 5.4 Aerospace & Defence
- 5.4.1 Market Size by Region, 2024-2034 (US$ Million)
- 5.4.2 Market Share by Region, 2024 & 2034 (%)
- 5.5 Oil & Gas
- 5.5.1 Market Size by Region, 2024-2034 (US$ Million)
- 5.5.2 Market Share by Region, 2024 & 2034 (%)
- 5.6 Automotive
- 5.6.1 Market Size by Region, 2024-2034 (US$ Million)
- 5.6.2 Market Share by Region, 2024 & 2034 (%)
- 5.7 Other Applications
- 5.7.1 Market Size by Region, 2024-2034 (US$ Million)
- 5.7.2 Market Share by Region, 2024 & 2034 (%)
6 Quantum Sensors Market Analysis by Platform
- 6.1 Key Findings
- 6.2 Platform Segment: Market Attractiveness Index
- 6.3 Quantum Sensors Market Size Estimation and Forecast by Platform
- 6.4 Neutral Atoms
- 6.4.1 Market Size by Region, 2024-2034 (US$ Million)
- 6.4.2 Market Share by Region, 2024 & 2034 (%)
- 6.5 Trapped Ions
- 6.5.1 Market Size by Region, 2024-2034 (US$ Million)
- 6.5.2 Market Share by Region, 2024 & 2034 (%)
- 6.6 Nuclear Magnetic Resonance
- 6.6.1 Market Size by Region, 2024-2034 (US$ Million)
- 6.6.2 Market Share by Region, 2024 & 2034 (%)
- 6.7 Opto-mechanics
- 6.7.1 Market Size by Region, 2024-2034 (US$ Million)
- 6.7.2 Market Share by Region, 2024 & 2034 (%)
- 6.8 Other Platforms
- 6.8.1 Market Size by Region, 2024-2034 (US$ Million)
- 6.8.2 Market Share by Region, 2024 & 2034 (%)
7 Quantum Sensors Market Analysis by Product Type
- 7.1 Key Findings
- 7.2 Product Type Segment: Market Attractiveness Index
- 7.3 Quantum Sensors Market Size Estimation and Forecast by Product Type
- 7.4 Atomic Clocks
- 7.4.1 Market Size by Region, 2024-2034 (US$ Million)
- 7.4.2 Market Share by Region, 2024 & 2034 (%)
- 7.5 Magnetometers
- 7.5.1 Market Size by Region, 2024-2034 (US$ Million)
- 7.5.2 Market Share by Region, 2024 & 2034 (%)
- 7.6 Gradiometers
- 7.6.1 Market Size by Region, 2024-2034 (US$ Million)
- 7.6.2 Market Share by Region, 2024 & 2034 (%)
- 7.7 Imaging Devices
- 7.7.1 Market Size by Region, 2024-2034 (US$ Million)
- 7.7.2 Market Share by Region, 2024 & 2034 (%)
- 7.8 Quantum Metrology Devices
- 7.8.1 Market Size by Region, 2024-2034 (US$ Million)
- 7.8.2 Market Share by Region, 2024 & 2034 (%)
- 7.9 Other Products
- 7.9.1 Market Size by Region, 2024-2034 (US$ Million)
- 7.9.2 Market Share by Region, 2024 & 2034 (%)
8 Quantum Sensors Market Analysis by Region
- 8.1 Key Findings
- 8.2 Regional Market Size Estimation and Forecast
9 North America Quantum Sensors Market Analysis
- 9.1 Key Findings
- 9.2 North America Quantum Sensors Market Attractiveness Index
- 9.3 North America Quantum Sensors Market by Country, 2024, 2029 & 2034 (US$ Million)
- 9.4 North America Quantum Sensors Market Size Estimation and Forecast
- 9.5 North America Quantum Sensors Market Size Estimation and Forecast by Country
- 9.6 North America Quantum Sensors Market Size Estimation and Forecast by Component
- 9.7 North America Quantum Sensors Market Size Estimation and Forecast by Application
- 9.8 North America Quantum Sensors Market Size Estimation and Forecast by Platform
- 9.9 North America Quantum Sensors Market Size Estimation and Forecast by Product Type
- 9.10 U.S. Quantum Sensors Market Analysis
- 9.11 Canada Quantum Sensors Market Analysis
10 Europe Quantum Sensors Market Analysis
- 10.1 Key Findings
- 10.2 Europe Quantum Sensors Market Attractiveness Index
- 10.3 Europe Quantum Sensors Market by Country, 2024, 2029 & 2034 (US$ Million)
- 10.4 Europe Quantum Sensors Market Size Estimation and Forecast
- 10.5 Europe Quantum Sensors Market Size Estimation and Forecast by Country
- 10.6 Europe Quantum Sensors Market Size Estimation and Forecast by Component
- 10.7 Europe Quantum Sensors Market Size Estimation and Forecast by Application
- 10.8 Europe Quantum Sensors Market Size Estimation and Forecast by Platform
- 10.9 Europe Quantum Sensors Market Size Estimation and Forecast by Product Type
- 10.10 Germany Quantum Sensors Market Analysis
- 10.11 UK Quantum Sensors Market Analysis
- 10.12 France Quantum Sensors Market Analysis
- 10.13 Italy Quantum Sensors Market Analysis
- 10.14 Spain Quantum Sensors Market Analysis
- 10.15 Rest of Europe Quantum Sensors Market Analysis
11 Asia-Pacific Quantum Sensors Market Analysis
- 11.1 Key Findings
- 11.2 Asia-Pacific Quantum Sensors Market Attractiveness Index
- 11.3 Asia-Pacific Quantum Sensors Market by Country, 2024, 2029 & 2034 (US$ Million)
- 11.4 Asia-Pacific Quantum Sensors Market Size Estimation and Forecast
- 11.5 Asia-Pacific Quantum Sensors Market Size Estimation and Forecast by Country
- 11.6 Asia-Pacific Quantum Sensors Market Size Estimation and Forecast by Component
- 11.7 Asia-Pacific Quantum Sensors Market Size Estimation and Forecast by Application
- 11.8 Asia-Pacific Quantum Sensors Market Size Estimation and Forecast by Platform
- 11.9 Asia-Pacific Quantum Sensors Market Size Estimation and Forecast by Product Type
- 11.10 China Quantum Sensors Market Analysis
- 11.11 India Quantum Sensors Market Analysis
- 11.12 Japan Quantum Sensors Market Analysis
- 11.13 South Korea Quantum Sensors Market Analysis
- 11.14 Australia Quantum Sensors Market Analysis
- 11.15 Rest of Asia-Pacific Quantum Sensors Market Analysis
12 Middle East and Africa Quantum Sensors Market Analysis
- 12.1 Key Findings
- 12.2 Middle East and Africa Quantum Sensors Market Attractiveness Index
- 12.3 Middle East and Africa Quantum Sensors Market by Country, 2024, 2029 & 2034 (US$ Million)
- 12.4 Middle East and Africa Quantum Sensors Market Size Estimation and Forecast
- 12.5 Middle East and Africa Quantum Sensors Market Size Estimation and Forecast by Country
- 12.6 Middle East and Africa Quantum Sensors Market Size Estimation and Forecast by Component
- 12.7 Middle East and Africa Quantum Sensors Market Size Estimation and Forecast by Application
- 12.8 Middle East and Africa Quantum Sensors Market Size Estimation and Forecast by Platform
- 12.9 Middle East and Africa Quantum Sensors Market Size Estimation and Forecast by Product Type
- 12.10 GCC Quantum Sensors Market Analysis
- 12.11 South Africa Quantum Sensors Market Analysis
- 12.12 Rest of Middle East & Africa Quantum Sensors Market Analysis
13 Latin America Quantum Sensors Market Analysis
- 13.1 Key Findings
- 13.2 Latin America Quantum Sensors Market Attractiveness Index
- 13.3 Latin America Quantum Sensors Market by Country, 2024, 2029 & 2034 (US$ Million)
- 13.4 Latin America Quantum Sensors Market Size Estimation and Forecast
- 13.5 Latin America Quantum Sensors Market Size Estimation and Forecast by Country
- 13.6 Latin America Quantum Sensors Market Size Estimation and Forecast by Component
- 13.7 Latin America Quantum Sensors Market Size Estimation and Forecast by Application
- 13.8 Latin America Quantum Sensors Market Size Estimation and Forecast by Platform
- 13.9 Latin America Quantum Sensors Market Size Estimation and Forecast by Product Type
- 13.10 Brazil Quantum Sensors Market Analysis
- 13.11 Mexico Quantum Sensors Market Analysis
- 13.12 Rest of Latin America Quantum Sensors Market Analysis
14 Company Profiles
- 14.1 Strategic Outlook
- 14.2 Apogee Instruments, Inc.
- 14.2.1 Company Snapshot
- 14.2.2 Company Overview
- 14.2.3 Product Benchmarking
- 14.3 ID Quantique
- 14.3.1 Company Snapshot
- 14.3.2 Company Overview
- 14.3.3 Product Benchmarking
- 14.3.4 Strategic Outlook
- 14.4 LI-COR, Inc.
- 14.4.1 Company Snapshot
- 14.4.2 Company Overview
- 14.4.3 Product Benchmarking
- 14.5 M Squared Ltd
- 14.5.1 Company Snapshot
- 14.5.2 Company Overview
- 14.5.3 Product Benchmarking
- 14.6 AOSense, Inc.
- 14.6.1 Company Snapshot
- 14.6.2 Company Overview
- 14.6.3 Product Benchmarking
- 14.7 Campbell Scientific, Inc.
- 14.7.1 Company Snapshot
- 14.7.2 Company Overview
- 14.7.3 Product Benchmarking
- 14.8 Impedans Ltd
- 14.8.1 Company Snapshot
- 14.8.2 Company Overview
- 14.8.3 Product Benchmarking
- 14.9 Kipp & Zonen
- 14.9.1 Company Snapshot
- 14.9.2 Company Overview
- 14.9.3 Product Benchmarking
- 14.10 Sea-Bird Scientific
- 14.10.1 Company Snapshot
- 14.10.2 Company Overview
- 14.10.3 Product Benchmarking
- 14.11 Atomionics Pte. Ltd.
- 14.11.1 Company Snapshot
- 14.11.2 Company Overview
- 14.11.3 Product Benchmarking
- 14.12 GEM Systems Inc
- 14.12.1 Company Snapshot
- 14.12.2 Company Overview
- 14.12.3 Product Benchmarking
- 14.13 Nomad Atomics
- 14.13.1 Company Snapshot
- 14.13.2 Company Overview
- 14.13.3 Product Benchmarking
- 14.14 Q-CTRL
- 14.14.1 Company Snapshot
- 14.14.2 Company Overview
- 14.14.3 Product Benchmarking
- 14.14.4 Strategic Outlook
- 14.15 Qnami
- 14.15.1 Company Snapshot
- 14.15.2 Company Overview
- 14.15.3 Product Benchmarking
- 14.15.4 Strategic Outlook
- 14.16 Skye Instruments Ltd
- 14.16.1 Company Snapshot
- 14.16.2 Company Overview
- 14.16.3 Product Benchmarking
15 Conclusion and Recommendations
- 15.1 Concluding Remarks from Visiongain
- 15.2 Recommendations for Market Players