North America Quantum Sensors Market Size, Share & Industry Trends Analysis Report By Product Type (Atomic Clocks, Gravimeters & Accelerometers, Magnetic Sensors and Photosynthetically active radiation (PAR) Quantum Sensors), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Quantum Sensors Market would witness market growth of 15.1% CAGR during the forecast period (2022-2028).
Photonic quantum sensing utilizes entanglement, single photons, and compressed states to accomplish exceedingly accurate measurements within photonics and quantum optics. Optical sensing employs continuously changeable quantum systems, such as electromagnetic field degrees of freedom and vibrational modes of materials.
These quantum systems can be examined to characterize an unknown quantum state change. Several ways exist for enhancing the quantum lighting of objects by photonic sensors, which have been utilized to increase the monitoring and detection of weak signals via quantum correlation. Quantum sensors are frequently developed on continuously changing systems, i.e., quantum systems with continuous degrees of freedom, such as positioning and momentum quadrature.
Typically, the fundamental operating mechanism relies on optical states of light and frequently involves quantum mechanical features, such as compression or two-mode entanglement. These states are susceptible to interferometrically detectable physical transitions.
The United States is among the countries with the highest adoption rates of autonomous vehicles. In the United States, the market for autonomous vehicles is enormous and expanding quickly, with many major manufacturers currently testing vehicles. Quantum sensors enable autonomous vehicles to work properly. They enable the autonomous vehicle's superior safety and performance. Thus, it is anticipated that the market for autonomous vehicles in the United States would expand substantially in coming years, bolstering the demand for quantum sensors.
The US market dominated the North America Quantum Sensors Market by Country in 2021; thereby, achieving a market value of $166,279.9 Thousands by 2028. The Canada market is experiencing a CAGR of 17.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 16.7% 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 U.S., Mexico, Canada, and Rest of North America.
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:
- Aerospace & Defense
- Automotive & Transportation
- Construction & Mining
- Oil & Gas
- Agriculture & Environment
By Product Type
- Atomic Clocks
- Gravimeters & Accelerometers
- Magnetic Sensors
- Photosynthetically active radiation (PAR) Quantum Sensors
- Rest of North America
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.
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