Quantum Sensors Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast to 2028- Muquans SAS, Microsemi Corp., AOSense, Inc

Quantum Sensors Market report helps in making informed business decisions by having complete insights of market and by making a comprehensive analysis of market segments. This recent research compilation on the Quantum Sensors Market is a versatile and future-ready analytical survey that replicates trend assessment, an in-depth assessment of market valuation and revenue-generating trends with information on profit models, Swot examination, competition spectrum, and associated vendor strategies illustrated by major players and market participants contributing by aggressively investing in the global Quantum Sensors market to secure a competitive advantage amid staggering competition, potential threats from new entrants, as well as technological innovations leading to market substitutes.

The Quantum Sensors Market is expected to register a CAGR of 8.5% over the forecast period 2022 - 2028.

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Key Market Trends

Automotive Sector is Expected to Drive the Market

The growing demand and trend for autonomous vehicles are some of the major factors driving the demand for quantum sensors in automotive applications. In automotive applications, quantum sensor-enabled sensing can accurately measure motion- including rotation, imaging, acceleration, and gravity - electric and magnetic fields.
The sensor is playing a significant role in the advancement of the global automotive sector. With trends like autonomous vehicles (AV) and Electric vehicles (EV), the number of sensors per vehicle almost exponentially grew.

Top Companies:

Muquans SAS, Microsemi Corp., AOSense, Inc, GWR Instruments Inc, Oscilloquartz S.A., MSquared Lasers Ltd, Cryogenic Limited, Supracon AG

Industry News:

March 2021 - Australian startup Q-Ctrl is developing a quantum sensor to send to Earth orbit, the moon, and eventually Mars. The company is working with Australian nanosatellite startup Fleet Space Technologies to develop quantum sensors to mount on the nanosatellites. The company is also developing quantum sensors to detect liquid water and mineral deposits and quantum-enhanced precision navigation and timing systems.

By the product type, the market is primarily split into:

Atomic Clock
Gravity Sensor
Magnetic Sensor
Rotation Sensors
Imaging Sensors
Temperature Sensors

By the end-users/application, this report covers the following segments:

Defense
Oil & Gas
Transportation
Construction
Medical & Healthcare
IT & Telecommunication
Agriculture
Others

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Europe is Expected to Dominate the Market

Europe is expected to dominate the market because Europe is one of those regions which started investing in the market early and have also made some strategic plans for the coming future. The United Kingdom was an early mover in quantum technologies. Additionally, the UK government recognized the potential of new quantum technologies and announced in the 2013 Autumn Statement GBP 270 million to set up the National Quantum Technologies Programme. The program is a coordinated effort between the Department for Business, Innovation and Skills (BIS), the Engineering and Physical Sciences Research Council (EPSRC), Innovate the UK, and the National Physical Laboratory (NPL), in partnership with the Defence Science and Technology Laboratory (DSTL) and the National Technical Authority for Information Assurance (CESG).

Geographical Analysis

The report provides geographical as well as country-level analysis of the Quantum Sensors market demonstrating the dominance of companies in different regions and countries. Also, in this section, the report presents the market revenue of specific products in specific regions to get informed about the dominating region in the market. Some of the regions and countries mentioned in the report are, the US, Canada, Mexico, Brazil, in North America; China, India, Korea, Japan, Singapore in the Asia Pacific; Germany, UK, Italy, France in Europe, GCC countries, Qatar in the Middle East and Africa, Latin America, South America, etc.

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Research Methodology

All the data presented in the report from valuation to revenue, drivers, growth areas of the Quantum Sensors market, etc., is aided by thorough research from press releases, announcements by companies, news updates, reports from company websites, government verified websites, research publications, articles by researchers, etc. All this data is scanned thoroughly by analysts in the company and the summary and collaterals are presented in the report precisely. This research helps in offering well authenticated, verified, data with exact facts and figures. The report is then forwarded to in-house analysts, top-level experts, veterans, industry persons, third parties for feedback, verification, and editing, thus, providing the reader with well written, praised report.

Key takeaways from the report

The report provides drivers, restraints, challenges, and growth points of the Quantum Sensors market and how the market can be grown from 2022-to 2028.
The report helps in figuring out the impact of covid-19 on the Quantum Sensors market and what measures can be taken for its development.
The Quantum Sensors market players are assisted from the report for investing in the right product or application from the market.
The report also mentions applications, product offerings, types, key marketing trends of the Quantum Sensors

The research includes historic data from 2016 to 2021 and forecasts until 2028 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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