openPR Logo
Press release

Quantum Sensors Market growth rate (CAGR) of 13.2% during the period, 2019-2024.

10-23-2019 06:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Quantum Sensors Market

The global quantum sensors market should grow from $161.0 million in 2019 to $299.9 million by 2024 with a compound annual growth rate (CAGR) of 13.2% during the period, 2019-2024.

Report Scope:

The quantum sensors market is segmented into the following categories:

- By product type: atomic clocks, magnetic sensors, photosynthetically active radiation (PAR) quantum sensors, and gravity sensors.
- By application: military and defense, automotive, healthcare, agriculture, oil and gas, and others.
- By region: North America is segmented into the United States, Canada, and Mexico; Europe is segmented into the United Kingdom, Russia, Italy, Germany, and Rest of Europe; Asia-
Pacific is segmented into China, Japan, India, and Rest of Asia-Pacific; Rest of the World (RoW) is segmented into Brazil, the Middle East, Africa, and Rest of RoW.

In addition to industry and competitive analyses of the quantum sensors market, this report also provides an exhaustive patent analysis and a listing of company profiles of key players active in the global market.

Get More Information: https://www.trendsmarketresearch.com/report/sample/12480

Report Includes:

- 34 data tables and 47 additional tables
- Brief overview of the global quantum sensors market and applications of quantum entanglement for communications
- Analyses of the global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Identification of segments with high growth potential and understand future applications in these segments
- Comprehend opportunities and highlights of the innovation-driven quantum sensors market and the major regions and countries involved in market developments
- Assessment of key trends related to the global market and the various product types and end-use applications that will influence the quantum sensors industry
- Examination of major stakeholders in the market and the competitive landscape for market leaders and their growth strategies
- An exhaustive patent analysis with relevant patent data
- Company profiles of key players active in the global market, including AOSense, Apogee Instruments Inc., GWR Instruments Inc., Microsemi Corp., M Squared Laser Ltd., Sea-Bird Scientific and Skye Instruments Ltd.

Summary

Quantum technology has been highly anticipated, mainly because of its tremendous potential. As this technology continues to develop and is showing promising progress, substantial investment is being witnessed on a global scale. Very soon, new improvements are expected to be seen in financial risk assessment, the discovery of new medications, machine learning models, and efficiency of chemical catalysts. As governments across the world, scientists and companies are rushing to invest in this new era of quantum technology, a vital part of the wave of innovation is quantum sensors. Enhancing these devices could consequently result in technological advances that scientists have not yet even predicted,
more powerful computers, and better detectors of disease. One of the first widespread applications of quantum technology was measuring time with unprecedented precision. Now the technology is making its way into the Earth’s orbit, with substantial economic benefits expected. A new generation of telecommunication or navigation satellites would strongly benefit from atomic clocks. In terms of fullfledged commercialization of quantum technologies, there is a need to evolve quantum science into a quantum technology market focused on return on investment. This could happen in several ways, including public-private partnerships and industrial-academic collaboration, many of which would need backing with government funding. This will be stimulated by the desire to make significant enhancements to both physical and digital infrastructure. This ultimately requires a better understanding of how quantum technologies would benefit society.

Request for Discount : https://www.trendsmarketresearch.com/report/discount/12480

Using the principle of quantum entanglement, researchers are using entangled photons for transferring information between two nodes, in which the receiver holds half of the entangled photons while the sender holds the other half. Thus, communication is made possible by manipulation of these photons, resulting in an immediate change in the corresponding photons. One advantage of this is that it helps to create an unhackable system of communication, wherein any attempt to intercept or eavesdrop on the information would result in the disentanglement of the particles. This would alter the message and instantaneously make the hacking attempt known. Although current applications are still restricted, this has been successfully used in quantum key distribution. This type of communication is also faster than conventional methods of communication, as entangled photons are able to transmit information instantly. However, entanglement falls victim to the no-cloning theorem and decoupling, which makes long-distance communication difficult. Nevertheless, to combat and overcome this issue, scientists and researchers are employing quantum repeaters.

Report Description: https://www.trendsmarketresearch.com/report/analysis/BCC/quantum-sensors-market

Quantum sensors are sensors that exploit quantum correlations, such as quantum entanglement and quantum de-coherence, to achieve a resolution or sensitivity that is better than what is achievable by using only classical systems. A quantum sensor is capable of measuring the effect of the quantum state of another system on itself. These sensors take advantage of quantum correlations to produce measurements beyond what is possible with conventional sensors. Quantum sensor technology has strong commercial prospects for the coming years, and the market is expected to benefit from increasing levels of government funding for quantum technology. Features such as high credibility and accuracy are making this technology popular across various industries. Quantum technologies such as quantum cryptology and quantum cryptography are finding various industrial applications. Further, emerging technology such as quantum photonics is anticipated to lead to the development of new kinds of sensor products in the coming years.

Related Reports: https://www.trendsmarketresearch.com/report/plastic-water-storage-tank-market

Related Reports: https://www.trendsmarketresearch.com/report/epoxy-curing-agents-market

Contact Us:
One Vincent Square
Westminster, London SW1P 2PN
United Kingdom
Email: sales@trendsmarketresearch.com
Website: https://www.trendsmarketresearch.com

About Us:
Trends Market Research is one of the leading digital services provider and a result-oriented company based in U.K... We are a team of enthusiastic-driven individuals with top notch skills in SEO, Market research. Trends Market Research is a one stop shop to all your business needs. We help you thrive and succeed. We provide research solution.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Quantum Sensors Market growth rate (CAGR) of 13.2% during the period, 2019-2024. here

News-ID: 1855723 • Views:

More Releases from Quantum Sensors Market

Quantum Sensors Market annual growth rate (CAGR) of 13.2% during the period, 2019-2024
Quantum Sensors Market annual growth rate (CAGR) of 13.2% during the period, 201 …
The global quantum sensors market should grow from $161.0 million in 2019 to $299.9 million by 2024 with a compound annual growth rate (CAGR) of 13.2% during the period, 2019-2024. Report Scope: The quantum sensors market is segmented into the following categories: – By product type: atomic clocks, magnetic sensors, photosynthetically active radiation (PAR) quantum sensors, and gravity sensors. – By application: military and defense, automotive, healthcare, agriculture, oil and gas, and others. – By
Quantum Sensors Market 2025 | Microsemi Corp. • Muquans SAS • GWR Instruments Inc • AOSense, Inc • MSquared Lasers Ltd • Oscilloquartz S.A. • Supracon AG
Quantum Sensors Market 2025 | Microsemi Corp. • Muquans SAS • GWR Instrument …
A quantum sensor could evaluate the outcome of the quantum state of a different system on itself. The simple act of amount determines the quantum state as well as changes the uncertainty and probability related to its condition throughout the measurement. The aspects influencing the global market for quantum sensors are increasing varying manufacturing landscape along with industrial automation, rising implementation of Internet of Things (IoT) technology, growing concentration on
Shares of Quantum Sensors Market in Global Industry : Growth, Trends and Application 2018
Shares of Quantum Sensors Market in Global Industry : Growth, Trends and Applica …
Albany, NY, 21st June : Recent research and the current scenario as well as future market potential of "Global Quantum Sensors Market Research Report 2018" globally. In this report, the global Quantum Sensors market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Get PDF for more Professional and Technical

All 4 Releases


More Releases for Rest

An APIOps Platform , REST API Development
The pandemic's pandemonium served as a lesson in the value of adaptability, composability, and flexibility for both organizations and their ingrained technologies. Additionally, the rapid digitization of the world has made international connectivity more crucial than ever. Both of these domains benefit from API technology, which will make them even more crucial over the coming year. The user experience, centralization, and automated delivery of new APIs with integrated testing, security,
Livpure Launches Back Rest Cushion
Livpure Sleep is one the flagship brands of the SAR group. A company with a fast-paced growth in corporate India and a valued legacy, Livpure has swooped the sleeping solutions market and with a wide range of smart and innovative products. Livpure understands consumer’s need for comfort and sleep. Livpure, a manufacturer of water purifiers, air conditioners, air coolers, air purifiers, and other home-focused smart solutions, has jumped into the
Compart Goes REST API
DocBridge© Pilot 3.8, the new version of the output management software for cost-optimized Omnichannel customer communication, is now available. The most important innovation of the current release is an open programming interface based on the REST technology (API), which allows the user an even better integration of DocBridge© Pilot into his existing document and output management structures. Without time-consuming scripting, functions and data of DocBridge© Pilot can be retrieved via URLs
Agrochemicals Market in Rest of World
ReportsWorldwide has announced the addition of a new report title Rest of World: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Rest of World: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG)
Rest Room Courtesy Is Still Appreciated
Respecting strangers is common courtesy; at least it should be. Kudos to those who respects others’. Historically, restroom courtesy has been engrained in ethics of social responsibility. After all, since grade school, most people have learned the value of picking up behind themselves, when using public rest rooms. Yet unfortunately, there are still countless people who lack rest room courtesy. As a commercial cleaning and building maintenance service provider, too often, Allen Maintenance
Savvy Rest Is Now GOTS Certified
May 25, 2011, Charlottesville, Virginia -- Savvy Rest, Central Virginia manufacturer of organic mattresses and bedding, is now a GOTS-certified company. GOTS stands for Global Organic Textile Standard, and it means that Savvy Rest’s manufacturing facility has passed the most demanding organic requirements a product or manufacturer can meet. GOTS certification ensures that organic textiles have been responsibly harvested, manufactured and labeled. “While any business can sell products that contain some