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Quantum Sensors Market Share

Report ID: GMI7088
Published Date: Jun 2024
Report Format: PDF

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Quantum Sensors Market Share

LI-COR, Inc. and AOSense Inc. together held a significant share of over 20% in the quantum sensors industry in 2023. LI-COR, Inc. is a leading manufacturer of scientific instruments and software used for environmental and biotechnology research. The company offers a range of sensors and instruments that utilize advanced technologies including some that may incorporate principles of quantum mechanics. The company’s products are widely used in environmental monitoring, plant physiology research, and atmospheric science.

AOSense Inc. is a prominent player in the market, specializing in the development and commercialization of precision quantum sensing technologies. It specializes in the development of advanced atomic clocks based on quantum principles. These atomic clocks offer exceptional accuracy and stability, making them suitable for a wide range of applications including timekeeping, synchronization, and navigation.

Quantum Sensors Market Companies

Major players operating in the quantum sensors industry are:

LI-COR, Inc.
AOSense
M Squared Lasers
ID Quantique
Campbell Scientific Inc.
Atomionics
Apogee Instruments

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Global industry size for quantum sensors was valued at USD 311.4 million in 2023 and is anticipated to register over 15% CAGR between 2024 and 2032, driven by advancements in quantum technology and research initiatives along with increasing demand from the automotive sector.

The healthcare segment in the quantum sensors market is expected to witness 15% CAGR through 2032 as they allow detailed physiological data collection, enabling personalized treatments, real-time monitoring, and enhanced therapy accuracy for transforming patient care.

Asia Pacific market is expected to reach USD 250 million by 2032 due to the presence of leading research institutions and universities and collaboration between institutions and industry partners.

LI-COR, Inc., AOSense, M Squared Lasers, ID Quantique, Campbell Scientific Inc., Atomionics and Apogee Instruments.