The Latin America, Middle East and Africa Quantum Sensors Market would witness market growth of 23.7% CAGR during the forecast period (2022-2028).
Optically Pumped Magnetometers can measure the magnetic fields generated by the brain. This method is known as magnetoencephalography (MEG). Magnetic sensors have a wide range of applications within the field of brain research. In addition to the healthcare industry, magnetic sensors are utilized in a variety of other industries, including mission-critical defense and aerospace applications.
The exact detection of magnetic fields is essential for space missions and other defensive tasks. Conversely, magnetic sensors are required for the precise navigation of railways and metro. Utilizing quantum phenomena, like entanglement, in which entangled particles may influence each other despite being separated by vast distances, quantum sensors can detect extremely minute changes in an environment.
Increasing the sensitivity of these sensors, as well as conventional sensors, frequently necessitates the creation of a larger sensor or the use of additional detecting particles. However, these actions only raise the sensitivity of quantum sensors by the number of particles added. Among the key drivers driving the market opportunity for quantum sensors in automotive applications are the rising demand for and the trend toward autonomous cars. In car applications, quantum sensor-enabled sensing can accurately monitor motion, encompassing rotation, acceleration, imaging, and gravity, in addition to electric and magnetic fields.
The United Arab Emirates is one of the top 10 oil producers in the world. According to the International Trade Administration, approximately 96% of the country's 100 billion barrels of known oil reserves are found in Abu Dhabi, which ranks sixth globally. The United Arab Emirates continues to rely largely on oil and gas export income, which accounts for the vast bulk of UAE government revenue. The UAE has prioritized the energy transition and was the first Arab nation to adopt a net-zero emissions goal.
The Brazil market dominated the LAMEA Quantum Sensors Market by Country in 2021; thereby, achieving a market value of $12,706.7 Thousands by 2028. The Argentina market is anticipated to grow at a CAGR of 24.4% during (2022 - 2028). Additionally, The UAE market would experience a CAGR of 23.4% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Quantum Sensors Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Quantum Sensors Market, by Application
1.4.2 LAMEA Quantum Sensors Market, by Product Type
1.4.3 LAMEA 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. LAMEA Quantum Sensors Market by Application
4.1 LAMEA Aerospace & Defense Market by Country
4.2 LAMEA Automotive & Transportation Market by Country
4.3 LAMEA Healthcare Market by Country
4.4 LAMEA Construction & Mining Market by Country
4.5 LAMEA Oil & Gas Market by Country
4.6 LAMEA Agriculture & Environment Market by Country
4.7 LAMEA Others Market by Country
Chapter 5. LAMEA Quantum Sensors Market by Product Type
5.1 LAMEA Atomic Clocks Market by Country
5.2 LAMEA Gravimeters & Accelerometers Market by Country
5.3 LAMEA Magnetic Sensors Market by Country
5.4 LAMEA Photosynthetically active radiation (PAR) Quantum Sensors Market by Country
Chapter 6. LAMEA Quantum Sensors Market by Country
6.1 Brazil Quantum Sensors Market
6.1.1 Brazil Quantum Sensors Market by Application
6.1.2 Brazil Quantum Sensors Market by Product Type
6.2 Argentina Quantum Sensors Market
6.2.1 Argentina Quantum Sensors Market by Application
6.2.2 Argentina Quantum Sensors Market by Product Type
6.3 UAE Quantum Sensors Market
6.3.1 UAE Quantum Sensors Market by Application
6.3.2 UAE Quantum Sensors Market by Product Type
6.4 Saudi Arabia Quantum Sensors Market
6.4.1 Saudi Arabia Quantum Sensors Market by Application
6.4.2 Saudi Arabia Quantum Sensors Market by Product Type
6.5 South Africa Quantum Sensors Market
6.5.1 South Africa Quantum Sensors Market by Application
6.5.2 South Africa Quantum Sensors Market by Product Type
6.6 Nigeria Quantum Sensors Market
6.6.1 Nigeria Quantum Sensors Market by Application
6.6.2 Nigeria Quantum Sensors Market by Product Type
6.7 Rest of LAMEA Quantum Sensors Market
6.7.1 Rest of LAMEA Quantum Sensors Market by Application
6.7.2 Rest of LAMEA 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 LAMEA Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 2 LAMEA Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 3 LAMEA Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 4 LAMEA Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 5 LAMEA Aerospace & Defense Market by Country, 2018 - 2021, USD Thousands
TABLE 6 LAMEA Aerospace & Defense Market by Country, 2022 - 2028, USD Thousands
TABLE 7 LAMEA Automotive & Transportation Market by Country, 2018 - 2021, USD Thousands
TABLE 8 LAMEA Automotive & Transportation Market by Country, 2022 - 2028, USD Thousands
TABLE 9 LAMEA Healthcare Market by Country, 2018 - 2021, USD Thousands
TABLE 10 LAMEA Healthcare Market by Country, 2022 - 2028, USD Thousands
TABLE 11 LAMEA Construction & Mining Market by Country, 2018 - 2021, USD Thousands
TABLE 12 LAMEA Construction & Mining Market by Country, 2022 - 2028, USD Thousands
TABLE 13 LAMEA Oil & Gas Market by Country, 2018 - 2021, USD Thousands
TABLE 14 LAMEA Oil & Gas Market by Country, 2022 - 2028, USD Thousands
TABLE 15 LAMEA Agriculture & Environment Market by Country, 2018 - 2021, USD Thousands
TABLE 16 LAMEA Agriculture & Environment Market by Country, 2022 - 2028, USD Thousands
TABLE 17 LAMEA Others Market by Country, 2018 - 2021, USD Thousands
TABLE 18 LAMEA Others Market by Country, 2022 - 2028, USD Thousands
TABLE 19 LAMEA Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 20 LAMEA Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 21 LAMEA Atomic Clocks Market by Country, 2018 - 2021, USD Thousands
TABLE 22 LAMEA Atomic Clocks Market by Country, 2022 - 2028, USD Thousands
TABLE 23 LAMEA Gravimeters & Accelerometers Market by Country, 2018 - 2021, USD Thousands
TABLE 24 LAMEA Gravimeters & Accelerometers Market by Country, 2022 - 2028, USD Thousands
TABLE 25 LAMEA Magnetic Sensors Market by Country, 2018 - 2021, USD Thousands
TABLE 26 LAMEA Magnetic Sensors Market by Country, 2022 - 2028, USD Thousands
TABLE 27 LAMEA Photosynthetically active radiation (PAR) Quantum Sensors Market by Country, 2018 - 2021, USD Thousands
TABLE 28 LAMEA Photosynthetically active radiation (PAR) Quantum Sensors Market by Country, 2022 - 2028, USD Thousands
TABLE 29 LAMEA Quantum Sensors Market by Country, 2018 - 2021, USD Thousands
TABLE 30 LAMEA Quantum Sensors Market by Country, 2022 - 2028, USD Thousands
TABLE 31 Brazil Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 32 Brazil Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 33 Brazil Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 34 Brazil Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 35 Brazil Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 36 Brazil Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 37 Argentina Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 38 Argentina Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 39 Argentina Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 40 Argentina Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 41 Argentina Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 42 Argentina Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 43 UAE Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 44 UAE Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 45 UAE Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 46 UAE Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 47 UAE Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 48 UAE Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 49 Saudi Arabia Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 50 Saudi Arabia Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 51 Saudi Arabia Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 52 Saudi Arabia Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 53 Saudi Arabia Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 54 Saudi Arabia Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 55 South Africa Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 56 South Africa Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 57 South Africa Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 58 South Africa Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 59 South Africa Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 60 South Africa Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 61 Nigeria Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 62 Nigeria Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 63 Nigeria Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 64 Nigeria Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 65 Nigeria Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 66 Nigeria Quantum Sensors Market by Product Type, 2022 - 2028, USD Thousands
TABLE 67 Rest of LAMEA Quantum Sensors Market, 2018 - 2021, USD Thousands
TABLE 68 Rest of LAMEA Quantum Sensors Market, 2022 - 2028, USD Thousands
TABLE 69 Rest of LAMEA Quantum Sensors Market by Application, 2018 - 2021, USD Thousands
TABLE 70 Rest of LAMEA Quantum Sensors Market by Application, 2022 - 2028, USD Thousands
TABLE 71 Rest of LAMEA Quantum Sensors Market by Product Type, 2018 - 2021, USD Thousands
TABLE 72 Rest of LAMEA 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