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Quantum Sensors Market

Quantum Sensors Market by Product Type (Gravity Sensors, Atomic Clocks, PAR Quantum Sensors, Magnetic Sensors), Application (Military and Defense, Automotive, Oil and Gas, Healthcare and Others), Global Opportunity Analysis and Industry Forecast, 2021–2030

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Quantum sensors are devices that convert incoming photons directly into an electrical signal. They are used in a variety of industries, including military and defense, automotive, space, and healthcare etc.

Quantum sensors, for instance, are used in the military and defense business to provide very accurate positional data and to detect submarines in the world's oceans. In the same way, these sensors are becoming increasingly crucial in the automotive sector. They are increasingly being used for precision navigation in autos due to their ability to produce highly exact measurements. Quantum technologies are used in atomic clocks to provide exceptionally stable and accurate frequency standards. As a result, the technology can be employed in an integrated navigation system for timekeeping and communication applications. The quantum sensors market is growing due to increased demand from the electronics, automotive, healthcare, and defense industries. Furthermore, quantum technology's tremendous potential, such as high precision and credibility, makes these sensors appealing in a variety of industrial fields. All these factors are assisting the growth of quantum sensors market share globally.

The global quantum sensors market is segmented on the basis of product type, application, and region. Based on product type, the market is divided into Gravity Sensors, Atomic Clocks, PAR Quantum Sensors, and Magnetic Sensors. In terms of application, the market is categorized into Military and Defense, Automotive, Oil and Gas, Healthcare and Others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Market Scope and Structure Analysis

Report Metric


Market Size Available for Years


  Base Year Considered


 Forecast Period


  Forecast Unit

  Value ($)

  Segments Covered

  Product Type, Application, and Region


COVID-19 Impact Analysis

The COVID-19 epidemic had a significant impact on the quantum sensing business, resulting in significant revenue losses in areas such as healthcare, automotive, electronics, and others. However, as the lockdown restrictions loosen over time, the quantum sensor business is gradually re-energizing. Quantum Sensors firms are likely to adopt excellent crisis-management methods, with a focus on next-generation technologies and solutions, to emerge strong from the COVID-19 issues. Budgets for quantum sensors R&D are being cut modestly, market trends for quantum sensors are always being monitored, investment/divestment strategies are systematic, and launching marketing strategies with care are bolstering long-term contracts. All these factors are hampering the growth of quantum sensors market size globally.

Top Impacting Factors

Quantum sensing is a less well-known yet far-reaching field that is rapidly approaching the market. The next generation of sensor technology is ready to provide automated cars with ultra-precise navigation and communication. Quantum sensing would make navigation more secure and improve medical imaging. Quantum sensors may soon be able to provide ultra-precise navigation, detecting gravity changes and uncovering volcanic movement, environmental change, and earthquakes. Emerging quantum sensing techniques are projected to improve a variety of sensing technologies, including precise atomic clocks, sensitive quantum gravitometers, and low-noise quantum interference microscopy. Photosynthetic Photon Flux (PPF) measurement across plant canopies in outdoor situations, greenhouses, and growth chambers is one of the most common quantum sensor applications. Photosynthesis relies on light, and it has an impact on a variety of things, including plant form, structure, and reproduction. As a result, the PAR meter is a quantum sensor that is widely used to measure active photosynthetic radiation, propelling the quantum sensors market growth.

Market Trends

New Product Launches to Flourish the Market

According to quantum sensors market trends, Muquans SAS, a French leading supplier of integrated quantum solutions revealed that its quantum differential gravimeter was operational in February 2020. This apparatus, which was developed in partnership with LNE-SYRTE (National Laboratory of Metrology and Testing), can measure both gravity (g) and its vertical gradient (dg/dz) at the same time. The equipment, according to the manufacturer, opens up new and exciting possibilities in the field of geophysics. This combined measurement is expected to give richer data for monitoring geophysical processes and detecting subsurface voids. M Squared announced a large new funding round of EUR 32.5 million in May 2020, as it increased its backers to support its growth and technological advancements. According to M Squared, this investment from the newly formed Scottish National Investment Bank would allow the company to expand its research and development efforts. This is critical for scaling up its groundbreaking work in quantum innovation, as well as its innovations to combat climate change.

Surge in Usage in Automotive Sector

Some of the primary factors driving quantum sensors market opportunity in automotive applications include the growing demand and trend for autonomous vehicles. Quantum sensor-enabled sensing in automobile applications can reliably monitor motion, including rotation, imaging, acceleration, and gravity, as well as electric and magnetic fields. The sensor is an important part of the worldwide automotive industry's advancement. The number of sensors per car has increased almost exponentially as a result of trends such as autonomous vehicles (AV) and electric vehicles (EV). Because of these advantages, the majority of sensor producers in the world are concentrating their efforts on the sophisticated automobile sector. For safety and high navigation, autonomous vehicles will rely on GPS. Quantum gyroscopes are being investigated by automotive sensor makers in order to improve driving precision and lessen reliance on satellite navigation. The UK Quantum Technology Hub Sensors and Timing researchers are working on building precise and accurate quantum sensors to improve autonomous vehicle functionality in vehicles, ships, trains, and planes. Furthermore, the development of technologies incorporated in connected and autonomous vehicles raises the risk of cyber-attacks, posing a significant threat to passenger safety and automakers. Quantum-safe cryptography solutions are also being developed by companies to protect automotive safety systems from cyber-attacks.

Key Benefits of the Report

  • This study presents the analytical depiction of the quantum sensors market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the quantum sensors market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight quantum sensors market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the quantum sensors market. 
  • The report provides a detailed quantum sensors market analysis based on competitive intensity and how the competition will take shape in coming years

Questions Answered in Quantum Sensors Market Report

  • Which are the leading players active in the quantum sensors market forecast?
  • What are the detailed impacts of COVID-19 on the quantum sensors market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?

Key Market Segments

Segments Sub-segments
By Product Type
  • Gravity Sensors
  • Atomic Clocks
  • PAR Quantum Sensors
  • Magnetic Sensors
By Application
  • Military and Defense
  • Automotive
  • Oil and Gas
  • Healthcare
  • Others

Key Market Players

  • Apogee Instrument Inc.
  • GWR Instruments Inc.
  • Thomas Industrial Network Inc.
  • Networking (Oscilloquartz)
  • Adcon Telemetry Gmbh
  • METER Group
  • Microchip
  • Impedans Ltd.
  • M-Squared Lasers Limited
  • Spectrum Technologies Inc.
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