In order to achieve a better sensitivity or resolution as compared to that achieved by using only classical systems, a device has been made to exploit quantum correlations, such as quantum entanglement, and this device is known as the quantum sensor. It can measure the impact of the other system’s quantum state on itself; this activity influences the quantum state and changes the uncertainty of the state during measurement. Quantum sensors are also used to manufacture improved atomic clocks and more sensitive magnetometers. An APD avalanche photodiode such as AD500-8 TO52S1 is an early quantum sensor which is used in the detection of entangled photons.
The quantum sensors are also used to meet the security and environmental standards as they are able to improve the overall efficiency of the vehicles. These sensors are present in large numbers in various parts of the automobiles such as carputers, driver assist systems, telematics, engine systems, in-car entertainment systems and heads-up display (HUD) system among other parts. Therefore, the rapid increase in the electronic systems integrated into vehicles drives the global market for quantum sensors primarily. Huge numbers of sensors are required to make such electronic systems work efficiently.
Geographically stating, Europe is driving the global market of quantum sensors on account of increasing research and development in the field of quantum gases or ultracold atoms. The quantum sensors use atoms cooled at temperatures near to absolute zero during their manufacturing. Moreover, the region of the Middle East and Africa uses modern techniques such as 3D printing and smart buildings in construction and these techniques include the application of quantum sensors; hence the Middle East and Africa region which is witnessing an upsurge in construction activities has tremendous opportunities to offer to the market of quantum sensors.
Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Quantum Sensor. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Thirdly, Quantum Sensor Market has been segmented on the basis of type, end user
industry and geography as follows:
By End User Industry
Oil & Gas
Middle East and Africa
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are M-Squared Lasers Limited and Apogee Instruments, Inc.