According to the global quantum sensors market research report released by Technavio, the market is expected to accelerate at a CAGR of more than 11% during the forecast period. The rising number of sensors per vehicle is one of the key market drivers.
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According to the global quantum sensors market research report released by Technavio, the market is expected to accelerate at a CAGR of more than 11% until 2022. (Graphic: Business Wire)
This research report titled 'Global Quantum Sensors Market 2018-2022' provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The global quantum sensors market analysis categorizes the market into the following applications:
- Military and defense
- Oil and gas
In 2017, the military and defense segment accounted for around 30% of the quantum sensors market share and is projected to decline to over 27% share by 2022, exhibiting almost 3% decrease in market share.
Global quantum sensors market: Top emerging trend
The use of NV color centers for manufacturing quantum sensors is an emerging market trend. NV color centers are highly isolated from environmental changes and perturbations, and therefore NV color centers are used for manufacturing quantum sensors. Scientific research indicates that NV color centers are like a trapped ion technology in which ytterbium ions are trapped or suspended in free space using an electromagnetic force. The trapped ion technology is a major technology that is being researched to develop quantum computing.
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Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio's report provides expert market research on the following topics:
- Market Outline
- Global Quantum Sensors Market Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by application (military and defense, agriculture, oil and gas, automotive, healthcare, and construction)
- Market segmentation by product (atomic clocks, PAR quantum sensors, gravity sensors, magnetic sensors, rotation sensors, and imaging sensors)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (AOSense, Apogee Instruments, GWR Instruments, Microsemi, M Squared, Muquans, and Oscilloquartz)
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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