Product Code: MCP14310
Global Quantum Sensors Market to Reach $711.3 Million by 2027
Amid the COVID-19 crisis, the global market for Quantum Sensors estimated at US$397.3 Million in the year 2020, is projected to reach a revised size of US$711.3 Million by 2027, growing at a CAGR of 8.7% over the analysis period 2020-2027. Military & Defense, one of the segments analyzed in the report, is projected to record a 7.8% CAGR and reach US$235 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Oil & Gas segment is readjusted to a revised 7.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $117.6 Million, While China is Forecast to Grow at 8.6% CAGR
The Quantum Sensors market in the U.S. is estimated at US$117.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$124.1 Million by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.3% and 7.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR.
Automotive Segment to Record 10.2% CAGR
In the global Automotive segment, USA, Canada, Japan, China and Europe will drive the 10.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$55.5 Million in the year 2020 will reach a projected size of US$110.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$82.7 Million by the year 2027.We bring years of research experience to this 6th edition of our report. The 153-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- AOSense, Inc.
- Apogee Instruments, Inc.
- GWR Instruments, Inc.
- M Squared Lasers
- Microsemi Corporation
- Muquans
- Oscilloquartz SA
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Global Competitor Market Shares
- Quantum Sensors Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Quantum Sensors Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
- TABLE 2: Quantum Sensors Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
- TABLE 3: Military & Defense (Application) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
- TABLE 4: Military & Defense (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
- TABLE 5: Oil & Gas (Application) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
- TABLE 6: Oil & Gas (Application) Market Share Shift across Key Geographies: 2020 VS 2027
- TABLE 7: Automotive (Application) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027
- TABLE 8: Automotive (Application) Market Share Breakdown by Region/Country: 2020 VS 2027
- TABLE 9: Healthcare (Application) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027
- TABLE 10: Healthcare (Application) Share Breakdown Review by Region/Country: 2020 VS 2027
- TABLE 11: Agriculture (Application) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
- TABLE 12: Agriculture (Application) Distribution of Global Sales by Region/Country: 2020 VS 2027
- TABLE 13: Construction (Application) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027
- TABLE 14: Construction (Application) Global Market Share Distribution by Region/Country for 2020 and 2027
- TABLE 15: Atomic Clocks (Product Type) Market Opportunity Analysis Worldwide in US$ Thousand by Region/Country: 2020 to 2027
- TABLE 16: Atomic Clocks (Product Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
- TABLE 17: PAR Quantum Sensors (Product Type) World Market by Region/Country in US$ Thousand: 2020 to 2027
- TABLE 18: PAR Quantum Sensors (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
- TABLE 19: Gravity Sensors (Product Type) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
- TABLE 20: Gravity Sensors (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
- TABLE 21: Magnetic Sensors (Product Type) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
- TABLE 22: Magnetic Sensors (Product Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
- TABLE 23: Rotation Sensors (Product Type) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2020 to 2027
- TABLE 24: Rotation Sensors (Product Type) Market Share Breakdown by Region/Country: 2020 VS 2027
- TABLE 25: Imaging Sensors (Product Type) World Market by Region/Country in US$ Thousand: 2020 to 2027
- TABLE 26: Imaging Sensors (Product Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Quantum Sensors Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- TABLE 27: United States Quantum Sensors Latent Demand Forecasts in US$ Thousand by Application: 2020 to 2027
- TABLE 28: Quantum Sensors Market Share Breakdown in the United States by Application: 2020 VS 2027
- TABLE 29: United States Quantum Sensors Market Estimates and Projections in US$ Thousand by Product Type: 2020 to 2027
- TABLE 30: United States Quantum Sensors Market Share Breakdown by Product Type: 2020 VS 2027
- CANADA
- TABLE 31: Canadian Quantum Sensors Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027
- TABLE 32: Canadian Quantum Sensors Market Share Analysis by Application: 2020 VS 2027
- TABLE 33: Canadian Quantum Sensors Market Estimates and Forecasts in US$ Thousand by Product Type: 2020 to 2027
- TABLE 34: Quantum Sensors Market in Canada: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027
- JAPAN
- TABLE 35: Japanese Demand Estimates and Forecasts for Quantum Sensors in US$ Thousand by Application: 2020 to 2027
- TABLE 36: Quantum Sensors Market Share Shift in Japan by Application: 2020 VS 2027
- TABLE 37: Japanese Market for Quantum Sensors: Annual Sales Estimates and Projections in US$ Thousand by Product Type for the Period 2020-2027
- TABLE 38: Japanese Quantum Sensors Market Share Analysis by Product Type: 2020 VS 2027
- CHINA
- TABLE 39: Chinese Demand for Quantum Sensors in US$ Thousand by Application: 2020 to 2027
- TABLE 40: Chinese Quantum Sensors Market Share Breakdown by Application: 2020 VS 2027
- TABLE 41: Chinese Quantum Sensors Market Growth Prospects in US$ Thousand by Product Type for the Period 2020-2027
- TABLE 42: Chinese Quantum Sensors Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027
- EUROPE
- Market Facts & Figures
- European Quantum Sensors Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
- TABLE 43: European Quantum Sensors Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025
- TABLE 44: European Quantum Sensors Market Share Shift by Region/Country: 2020 VS 2027
- TABLE 45: European Quantum Sensors Addressable Market Opportunity in US$ Thousand by Application: 2020-2027
- TABLE 46: European Quantum Sensors Market Share Analysis by Application: 2020 VS 2027
- TABLE 47: European Quantum Sensors Market Estimates and Forecasts in US$ Thousand by Product Type: 2020-2027
- TABLE 48: European Quantum Sensors Market Share Breakdown by Product Type: 2020 VS 2027
- FRANCE
- TABLE 49: Quantum Sensors Quantitative Demand Analysis in France in US$ Thousand by Application: 2020-2027
- TABLE 50: French Quantum Sensors Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027
- TABLE 51: Quantum Sensors Market in France by Product Type: Estimates and Projections in US$ Thousand for the Period 2020-2027
- TABLE 52: French Quantum Sensors Market Share Analysis by Product Type: 2020 VS 2027
- GERMANY
- TABLE 53: Quantum Sensors Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by Application for the Period 2020-2027
- TABLE 54: Quantum Sensors Market Share Distribution in Germany by Application: 2020 VS 2027
- TABLE 55: Quantum Sensors Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Product Type for the Period 2020-2027
- TABLE 56: German Quantum Sensors Market Share Breakdown by Product Type: 2020 VS 2027
- ITALY
- TABLE 57: Italian Demand for Quantum Sensors in US$ Thousand by Application: 2020 to 2027
- TABLE 58: Italian Quantum Sensors Market Share Breakdown by Application: 2020 VS 2027
- TABLE 59: Italian Quantum Sensors Market Growth Prospects in US$ Thousand by Product Type for the Period 2020-2027
- TABLE 60: Italian Quantum Sensors Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027
- UNITED KINGDOM
- TABLE 61: United Kingdom Demand Estimates and Forecasts for Quantum Sensors in US$ Thousand by Application: 2020 to 2027
- TABLE 62: Quantum Sensors Market Share Shift in the United Kingdom by Application: 2020 VS 2027
- TABLE 63: United Kingdom Market for Quantum Sensors: Annual Sales Estimates and Projections in US$ Thousand by Product Type for the Period 2020-2027
- TABLE 64: United Kingdom Quantum Sensors Market Share Analysis by Product Type: 2020 VS 2027
- REST OF EUROPE
- TABLE 65: Rest of Europe Quantum Sensors Addressable Market Opportunity in US$ Thousand by Application: 2020-2027
- TABLE 66: Rest of Europe Quantum Sensors Market Share Analysis by Application: 2020 VS 2027
- TABLE 67: Rest of Europe Quantum Sensors Market Estimates and Forecasts in US$ Thousand by Product Type: 2020-2027
- TABLE 68: Rest of Europe Quantum Sensors Market Share Breakdown by Product Type: 2020 VS 2027
- ASIA-PACIFIC
- TABLE 69: Quantum Sensors Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by Application: 2020-2027
- TABLE 70: Asia-Pacific Quantum Sensors Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027
- TABLE 71: Quantum Sensors Market in Asia-Pacific by Product Type: Estimates and Projections in US$ Thousand for the Period 2020-2027
- TABLE 72: Asia-Pacific Quantum Sensors Market Share Analysis by Product Type: 2020 VS 2027
- REST OF WORLD
- TABLE 73: Rest of World Quantum Sensors Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027
- TABLE 74: Rest of World Quantum Sensors Market Share Analysis by Application: 2020 VS 2027
- TABLE 75: Rest of World Quantum Sensors Market Estimates and Forecasts in US$ Thousand by Product Type: 2020 to 2027
- TABLE 76: Quantum Sensors Market in Rest of World: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027
IV. COMPETITION
- Total Companies Profiled: 41