Europe Quantum Sensors Market

Europe Quantum Sensors Market Size, Share & Industry Trends Analysis Report By Product Type (Atomic Clocks, Gravimeters & Accelerometers, Magnetic Sensors and Photosynthetically active radiation (PAR) Quantum Sensors), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-12063 Publication Date: October-2022 Number of Pages: 73
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Analysis of Market Size & Trends

The Europe Quantum Sensors Market would witness market growth of 15.7% CAGR during the forecast period (2022-2028).

Nanoparticles, spin qubits, flux qubits, trapped ions, and other non-photonic applications are able to leverage quantum sensing. These systems may be contrasted based on the physical properties to which they respond. For instance, trapped ions respond to electrical fields, whereas spin systems respond to magnetic fields. 

The quantized motional levels of trapped ions, which are strongly related to the electric field, are advantageous. Recently, rotating sensors have been proposed to examine electric field noise over surfaces. Quantum Sensors have applications in a broad variety of industries, such as microscopy, communication technologies, positioning systems, electric and magnetic field sensors, and geophysical research fields, like mineral exploration and seismology.

Numerous measuring systems, including superconducting quantum interference devices, atomic clocks, and nuclear magnetic resonance spectroscopy, exploit quantum features to investigate measurements. Individual quantum systems may be utilized as measuring instruments, leveraging entanglement, superposition, interference, and squeezing to increase sensitivity and outperform classical procedures, due to recent technological advances.

The European healthcare market is rising at a rapid pace. The development of the industry is allowing the penetration of a number of novel technologies. According to the International Trade Administration, Germany has the third biggest market for medical technology in the world\ and is also the largest market in Europe. The German market for medical devices is one of the most profitable in the world, accounting for around USD 35.8 billion yearly, or 25.6% of the overall European market.

The Germany market dominated the Europe Quantum Sensors Market by Country in 2021; thereby, achieving a market value of $39,433.5 Thousands by 2028. The UK market is exhibiting a CAGR of 14.8% during (2022 - 2028). Additionally, The France market would experience a CAGR of 16.5% during (2022 - 2028).

Based on Product Type, the market is segmented into Atomic Clocks, Gravimeters & Accelerometers, Magnetic Sensors and Photosynthetically active radiation (PAR) Quantum Sensors. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Quantum Sensors Market will Hit $619.8 Million by 2028, at a CAGR of 16.4%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include OTT HydroMet (Danaher Corporation), Spectrum Technologies, Inc. (BAE Systems PLC), ID Quantique SA, MSquared Limited™, Muquans SAS (iXblue) (Groupe Gorgé), AOSense, Inc., Impedans, Ltd., LI-COR, Inc., Campbell Scientific, Inc. and Apogee Instruments, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Application

  • Aerospace & Defense
  • Automotive & Transportation
  • Healthcare
  • Construction & Mining
  • Oil & Gas
  • Agriculture & Environment
  • Others

By Product Type

  • Atomic Clocks
  • Gravimeters & Accelerometers
  • Magnetic Sensors
  • Photosynthetically active radiation (PAR) Quantum Sensors

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • OTT HydroMet (Danaher Corporation)
  • Spectrum Technologies, Inc. (BAE Systems PLC)
  • ID Quantique SA
  • MSquared Limited™
  • Muquans SAS (iXblue) (Groupe Gorgé)
  • AOSense, Inc.
  • Impedans, Ltd.
  • LI-COR, Inc.
  • Campbell Scientific, Inc.
  • Apogee Instruments, Inc.
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