Global Quantum Sensors Market is expected to reach $495.50 million by 2027 growing a CAGR 14.6% during 2018 to 2027.

Some of the key players profiled in the Quantum Sensors Market include Cryogenic Limited, Supracon AG, GWR Instruments Inc, Microsemi Corp., Muquans SAS, AOSense, Inc, MSquared Lasers Ltd, Skye Instruments Ltd., Kipp & Zonen B, and ADVA Optical Networking SE.

Increasing government investment in quantum research and introduction of modern technologies are the major factors driving the market growth. However, lack of awareness coupled with the high cost of research and development is restraining market growth.

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A quantum sensor is a quantum device that responds to a stimulus. Usually, this refers to a sensor which has quantized energy levels, uses quantum coherence to measure a physical quantity, or uses entanglement to improve measurements beyond what can be done with classical sensors. Quantum sensors including gravimeters and atomic clocks are developed by using atoms cooled at temperatures near to absolute zero.

Based on the product, the Photosynthetically Active Radiation (PAR) Quantum Sensors segment is likely to have a huge demand due to the rising number of environmental studies and agronomic and agricultural research projects.

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By geography, North America is going to have a lucrative growth during the forecast period because the high demand for precision measurement is increasing in industries and research institutes due to the development of new technologies.

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Applications Covered:
• Agriculture
• Military and Defense
• Automotive
• Oil and Gas
• Construction
• Healthcare
• Greenhouse
• IT & Telecommunication
• Transportation
• Coral Aquarium

Products Covered:
• Atomic Clocks
• Gravity Sensors
• Imaging Sensors
• Photosynthetically Active Radiation (PAR) Quantum Sensors
• Magnetic Sensors
• Rotational Sensors
• Temperature Sensors

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Release ID: 88941915