The Asia Pacific Quantum Sensors Market would witness market growth of 17.5% CAGR during the forecast period (2022-2028).
The avalanche photodiode is a prime example of an early quantum sensor. APDs have been employed to detect photons that are entangled. With further cooling and sensor enhancements, photomultiplier tubes (PMT) can be utilized in sectors, such as medical imaging. In the form of 2D or even 3D stacked arrays, APDs can directly replace traditional sensors based on silicon diodes. Applications of quantum sensors in the military and defense sector range from providing extremely precise positional data to detecting submarines in the ocean.
Moreover, as a result of its capacity to provide extremely precise dimensions, quantum sensors have become a vital component of the automobile industry and are frequently employed for navigation in automobiles. With such new technologies on the market for quantum sensors, innovations, like sensitive quantum gravitometers, atomic clocks, and occasional noisy quantum interference microscopy are abundant. The increased government investment in quantum research for economic and military gain is one of the primary factors driving the quantum sensors market.
The sensor is essential to the development of the automobile industry. As a consequence of the development of autonomous vehicles and electric cars, the number of sensors per vehicle has expanded significantly. Due to these benefits, the majority of sensor manufacturers in the world are focusing their efforts on the advanced car market. Autonomous cars would rely on GPS for safety and precise navigation.
Asia-Pacific is comprised of emerging and developed nations including China, Japan, India, and South Korea. Strong industrial growth and substantial expenditures in the military & defense sector are the primary factors driving the expansion of the quantum sensors market in this area. The nations in the area are important automotive and healthcare production centers. Thus, the rising healthcare and automotive industries are anticipated to fuel the growth of the quantum sensors market in the Asia Pacific.
The China market dominated the Asia Pacific Quantum Sensors Market by Country in 2021; thereby, achieving a market value of $49,859.1 Thousands by 2028. The Japan market is poised to grow at a CAGR of 16.7% during (2022 - 2028). Additionally, The India market would obtain a CAGR of 18.3% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Quantum Sensors Market is Projected to reach USD 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Quantum Sensors Market, by Application
1.4.2 Asia Pacific Quantum Sensors Market, by Product Type
1.4.3 Asia Pacific Quantum Sensors Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Quantum Sensors Market
Chapter 4. Asia Pacific Quantum Sensors Market by Application
4.1 Asia Pacific Aerospace & Defense Market by Country
4.2 Asia Pacific Automotive & Transportation Market by Country
4.3 Asia Pacific Healthcare Market by Country
4.4 Asia Pacific Construction & Mining Market by Country
4.5 Asia Pacific Oil & Gas Market by Country
4.6 Asia Pacific Agriculture & Environment Market by Country
4.7 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Quantum Sensors Market by Product Type
5.1 Asia Pacific Atomic Clocks Market by Country
5.2 Asia Pacific Gravimeters & Accelerometers Market by Country
5.3 Asia Pacific Magnetic Sensors Market by Country
5.4 Asia Pacific Photosynthetically active radiation (PAR) Quantum Sensors Market by Country
Chapter 6. Asia Pacific Quantum Sensors Market by Country
6.1 China Quantum Sensors Market
6.1.1 China Quantum Sensors Market by Application
6.1.2 China Quantum Sensors Market by Product Type
6.2 Japan Quantum Sensors Market
6.2.1 Japan Quantum Sensors Market by Application
6.2.2 Japan Quantum Sensors Market by Product Type
6.3 India Quantum Sensors Market
6.3.1 India Quantum Sensors Market by Application
6.3.2 India Quantum Sensors Market by Product Type
6.4 South Korea Quantum Sensors Market
6.4.1 South Korea Quantum Sensors Market by Application
6.4.2 South Korea Quantum Sensors Market by Product Type
6.5 Singapore Quantum Sensors Market
6.5.1 Singapore Quantum Sensors Market by Application
6.5.2 Singapore Quantum Sensors Market by Product Type
6.6 Malaysia Quantum Sensors Market
6.6.1 Malaysia Quantum Sensors Market by Application
6.6.2 Malaysia Quantum Sensors Market by Product Type
6.7 Rest of Asia Pacific Quantum Sensors Market
6.7.1 Rest of Asia Pacific Quantum Sensors Market by Application
6.7.2 Rest of Asia Pacific Quantum Sensors Market by Product Type
Chapter 7. Company Profiles
7.1 OTT HydroMet (Danaher Corporation)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.2 Spectrum Technologies, Inc. (BAE Systems PLC)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.3 ID Quantique SA
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Product Launches and Product Expansions:
7.4 MSquared Limited™
7.4.1 Company Overview
7.5 Muquans SAS (iXblue) (Groupe Gorgé)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.6 Apogee Instruments, Inc.
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Product Launches and Product Expansions:
7.7 AOSense, Inc.
7.7.1 Company Overview
7.8 Impedans, Ltd.
7.8.1 Company Overview
7.9 LI-COR, Inc.
7.9.1 Company Overview
7.10. Campbell Scientific, Inc.
7.10.1 Company Overview
TABLE 1 Asia Pacific Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 2 Asia Pacific Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 3 Asia Pacific Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 4 Asia Pacific Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 5 Asia Pacific Aerospace & Defense Market by Country, 2018 - 2021, USD Thousands
TABLE 6 Asia Pacific Aerospace & Defense Market by Country, 2022 - 2028, USD Thousands
TABLE 7 Asia Pacific Automotive & Transportation Market by Country, 2018 - 2021, USD Thousands
TABLE 8 Asia Pacific Automotive & Transportation Market by Country, 2022 - 2028, USD Thousands
TABLE 9 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Thousands
TABLE 10 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Thousands
TABLE 11 Asia Pacific Construction & Mining Market by Country, 2018 - 2021, USD Thousands
TABLE 12 Asia Pacific Construction & Mining Market by Country, 2022 - 2028, USD Thousands
TABLE 13 Asia Pacific Oil & Gas Market by Country, 2018 - 2021, USD Thousands
TABLE 14 Asia Pacific Oil & Gas Market by Country, 2022 - 2028, USD Thousands
TABLE 15 Asia Pacific Agriculture & Environment Market by Country, 2018 - 2021, USD Thousands
TABLE 16 Asia Pacific Agriculture & Environment Market by Country, 2022 - 2028, USD Thousands
TABLE 17 Asia Pacific Others Market by Country, 2018 - 2021, USD Thousands
TABLE 18 Asia Pacific Others Market by Country, 2022 - 2028, USD Thousands
TABLE 19 Asia Pacific Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 20 Asia Pacific Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 21 Asia Pacific Atomic Clocks Market by Country, 2018 - 2021, USD Thousands
TABLE 22 Asia Pacific Atomic Clocks Market by Country, 2022 - 2028, USD Thousands
TABLE 23 Asia Pacific Gravimeters & Accelerometers Market by Country, 2018 - 2021, USD Thousands
TABLE 24 Asia Pacific Gravimeters & Accelerometers Market by Country, 2022 - 2028, USD Thousands
TABLE 25 Asia Pacific Magnetic Sensors Market by Country, 2018 - 2021, USD Thousands
TABLE 26 Asia Pacific Magnetic Sensors Market by Country, 2022 - 2028, USD Thousands
TABLE 27 Asia Pacific Photosynthetically active radiation (PAR) Quantum Sensors Market by Country, 2018 - 2021, USD Thousands
TABLE 28 Asia Pacific Photosynthetically active radiation (PAR) Quantum Sensors Market by Country, 2022 - 2028, USD Thousands
TABLE 29 Asia Pacific Quantum Sensors Market by Country, 2018 - 2021, USD Thousands
TABLE 30 Asia Pacific Quantum Sensors Market by Country, 2022 - 2028, USD Thousands
TABLE 31 China Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 32 China Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 33 China Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 34 China Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 35 China Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 36 China Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 37 Japan Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 38 Japan Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 39 Japan Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 40 Japan Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 41 Japan Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 42 Japan Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 43 India Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 44 India Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 45 India Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 46 India Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 47 India Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 48 India Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 49 South Korea Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 50 South Korea Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 51 South Korea Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 52 South Korea Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 53 South Korea Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 54 South Korea Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 55 Singapore Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 56 Singapore Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 57 Singapore Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 58 Singapore Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 59 Singapore Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 60 Singapore Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 61 Malaysia Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 62 Malaysia Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 63 Malaysia Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 64 Malaysia Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 65 Malaysia Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 66 Malaysia Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 67 Rest of Asia Pacific Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 68 Rest of Asia Pacific Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 69 Rest of Asia Pacific Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 70 Rest of Asia Pacific Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 71 Rest of Asia Pacific Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 72 Rest of Asia Pacific Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 73 Key Information – OTT HydroMet
TABLE 74 Key Information – Spectrum Technologies, Inc.
TABLE 75 Key Information – ID Quantique SA
TABLE 76 Key Information – MSquared Limited™
TABLE 77 Key Information – Muquans SAS
TABLE 78 Key Information – Apogee Instruments, Inc.
TABLE 79 Key Information – AOSense, Inc.
TABLE 80 Key Information – Impedans, Ltd.
TABLE 81 Key Information – LI-COR, Inc.
TABLE 82 key information – Campbell Scientific, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: ID Quantique SA