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Superconducting Nanowire Single-Photon Detector (SNSPD) Market Research Report 2023 - Valuates reports

05-10-2023 12:36 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

The superconducting nanowire single-photon detector (SNSPD) is a quantum-limit superconducting optical detector based on the Cooper-pair breaking effect by a single photon, which exhibits a higher detection efficiency, lower dark count rate, higher counting rate, and lower timing jitter when compared with those exhibited by its counterparts. SNSPDs have been extensively applied in quantum information processing, including quantum key distribution and optical quantum computation. The superconducting nanowire single photon detector (SNSPD) consists of a thin film of superconducting material shaped into a meandering nanowire through nanofabrication processes. This pattern enables it to cover a wide surface area, collecting the whole output of an optical fiber, while constituting a single path for the current. The detectors are operated at 2.5 Kelvin and a constant current below the critical current of the superconductor is applied to the device. The nanoscale cross section gives our photon detectors an extremely high level of sensitivity upon absorption of just a single photon. Ps: The SNSPDs in the report refer to the commercial SNSPD devices, which per price was more than 100 K US$ currently.
The global Superconducting Nanowire Single-Photon Detector (SNSPD) market was valued at US$ 22 million in 2022 and is anticipated to reach US$ 37 million by 2029, witnessing a CAGR of 8.2% during the forecast period 2023-2029.

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The global Superconducting Nanowire Single-Photon Detector (SNSPD) market was valued at US$ 22 million in 2022 and is anticipated to reach US$ 37 million by 2029, witnessing a CAGR of 8.2% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of Superconducting Nanowire Single-Photon Detector (SNSPD) include Scontel, Single Quantum, Quantum Opus, Photon Spot, ID Quantique, and Photec. Global top three manufacturers hold a share over 50%. Europe is dominating the global Superconducting Nanowire Single-Photon Detector (SNSPD) market, has a share nearly 60%, followed by United States and China. In terms of product, Standard SNSPD is main segment, with a share over 65%. And in terms of application, the largest application is Quantum Key Distribution and Optical Quantum Computation, etc.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Superconducting Nanowire Single-Photon Detector (SNSPD), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Superconducting Nanowire Single-Photon Detector (SNSPD).
The Superconducting Nanowire Single-Photon Detector (SNSPD) market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Superconducting Nanowire Single-Photon Detector (SNSPD) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Superconducting Nanowire Single-Photon Detector (SNSPD) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Key Segmentations
By Company
-Scontel
-Single Quantum
-Quantum Opus
-Photon Spot
-ID Quantique
-Photec

Segment by Type
-Standard SNSPD
-High-spec Standard SNSPD

Segment by Application
-Quantum Key Distribution
-Optical Quantum Computation
-Other

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