The Quantum Sensors Market Overview Report

The global quantum sensors market size is anticipated to grow from USD 260 million in 2022 to USD 565 million by 2027, at a CAGR of 16.8% from 2022 to 2027.

A quantum sensor is used to measure physical quantities in positioning, navigation, and timing applications across various industries and sectors, including aerospace & defense, geology, and environment. All these industries and sectors are going through a paradigm shift by adopting advanced technologies such as IoT, autonomous vehicles, AI, IIoT, and robotics. Technological innovations are driving the demand for highly accurate and precise measuring instruments such as quantum sensors. Along with this, the growing interest, and investments in quantum technologies, including quantum computers, quantum communications, and quantum sensing, are driving the growth of the global quantum sensor market.

• Download PDF Brochure @ 

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=61825400

The Photosynthetically Active Radiation (PAR) quantum sensors measure the photosynthetic radiation, i.e., the amount of light intensity that is below a single or multiple light source. The PAR is important for crop growth as plants use photosynthesis as an energy source. Hence, PAR sensors are widely used in greenhouses or canopies. The radiation is variable throughout the day as it depends on latitude and time of day. Underwater coral reefs also use the PAR as their energy source. The PAR quantum sensors are used on the land or underwater to determine the radiation and in crop cultivation. These PAR quantum sensors are used in outdoor environments, greenhouses, and growth chambers over and under plant canopies. The PAR quantum sensors are also useful for aquatic environments where corals are grown, including saltwater aquariums. They are widely used in the agriculture and marine biodiversity sectors.

Aerospace & defense application accounted for the largest share of the quantum sensors market in 2022. In the aerospace & defense industry, quantum sensors are used to detect underground mines, nuclear materials, and other structures. The sector uses unmanned aerial vehicles (UAVs) for security purposes, which need an accurate and reliable navigation system even when GPS signals are unavailable. Hence, a non-GPS-based quantum sensing navigation system could be a perfect solution for this sector. All these applications are expected to drive the demand for quantum sensors in aerospace and defense applications.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441