Press release
SNSPD Market Accelerates with Advancements in Photonics and Cryogenic Tech: Key Insights & Regional Outlook
Superconducting Nanowire Single-Photon Detector (SNSPD) Market SizeThe global market for Superconducting Nanowire Single-Photon Detector (SNSPD) was valued at US$ 27.6 million in the year 2024 and is projected to reach a revised size of US$ 48.9 million by 2031, growing at a CAGR of 8.7% during the forecast period.
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Global key players of Superconducting Nanowire Single-Photon Detector (SNSPD) include Scontel, Single Quantum, Quantum Opus, etc. The top three players hold a share about 62%. Europe is the largest market, and has a share about 39%, followed by North America and Asia-Pacific with share 31% and 22%, separately. In terms of product type, Standard SNSPD is the largest segment, occupied for a share of 50%. In terms of application, Optical Quantum Computation has a share about 38 percent.
By Type
• Standard SNSPD
• High-spec Standard SNSPD
By Application
• Quantum Key Distribution
• Optical Quantum Computation
Key Companies
Scontel, Single Quantum, Quantum Opus, Photon Spot, ID Quantique, Photec
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