Quantum Sensors Market: Opportunity Analysis and Industry Forecast upto

Global quantum sensors market is expected to witness steady revenue growth during the forecast period. This growth is attributed to increasing adoption of quantum sensors in verticals such as defense, oil & gas, transportation, and construction. Persistence Market Research has come up with a new report, “Quantum Sensors Market: Global Industry Analysis and Forecast (2016–2025),” which offer key insights of the global quantum sensors market to the audiences.

This report has revealed some interesting facts about the market opportunities across several applications of the global quantum sensors market. Global quantum sensors market was valued at US$ 228.7 Mn in 2016 and is projected to reach US$ 329.4 Mn by 2025 end. The market is expected to expand at a moderate rate of CAGR 4.3 % during the projected period, i.e. 2016-2025. The focus of this report is on quantum sensor providers who work with leading research institution to drive the market commercialization of technologies being developed in the industry.

Obtain Report Details @
https://www.persistencemarketresearch.com/market-research/quantum-sensors-market.asp

The global quantum sensors market will experience a surge in demand of atomic clocks to improve the accuracy of time sensitive signals, as IoT applications such as autonomous cars and drones reach their maturity and start demanding higher accuracy from GPS devices.
GPS systems are inherently dependent on precise calculations of timing for efficient communication between the GPS using device and the satellite providing GPS co-ordinates.

The usage of fossil fuels is increasing with urbanization, as more and more people prefer air travel and personal vehicles. Providing ample fuel to support the growing demand is emerging as a primary challenge for the oil & gas industry.

Download Table of Content @
https://www.persistencemarketresearch.com/market-research/quantum-sensors-market/toc

Gravity sensors will bring considerable accuracy in the process of ground scanning for oil drilling and extraction. Quantum gravity sensors will help drillers to get a clear picture of what is under the ground helping them discover pockets of crude oil left undiscovered with the usage of classical methods

The type segment of the global quantum sensors market includes atomic clock, gravity sensor, magnetic sensor, rotation sensors, imaging sensors, and temperature sensors. Among type segments, atomic clock segment is expected to dominate the global quantum sensors marketwith US$ 127.8 Mn revenue in 2025. Atomic clock segment is expected to gain significant traction throughout the forecast period. Gravity sensors segment is also expected to register steady increase in Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 4.7% during the forecast period.

Request A Sample Of Report @
https://www.persistencemarketresearch.com/samples/18508

This segment is consists of defense, oil & gas, transportation, construction, medical and healthcare, IT & telecommunication, agriculture, and others. Among industry verticals, defense segment is anticipated to expand at a CAGR of 5.3% during the forecast period. The defense segment is likely to be valued at 101.7 Mn in 2025.

Global Quantum Sensors Market: Forecast by Region

Europe global quantum sensors market is expected to witness relatively high growth rate over the forecast period. Revenue from the global quantum sensors market in North America and Europe collectively accounted for over 60% of the global quantum sensors marketrevenue in 2016. Market in Asia Pacific is expected to witness moderate growth rate over the forecast period. Europe market accounts for the largest share in the global quantum sensors market and is expected to lead the market in future. In 2016, Europe quantum sensors market was valued at US$ 73.7 Mn and is expected to reach US$ 111.8 in 2025 with a CAGR of 4.9%.

View Report Table of Contents, Figures, and Tables

Global Quantum Sensors Market: Competitive Landscape

Key players in this niche market include Muquans SAS, Microsemi Corp., AOSense, Inc., GWR Instruments Inc., Oscilloquartz S.A., MSquared Lasers Ltd., Cryogenic Limited, Supracon AG.

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.