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The global quantum sensors market was valued at US$ 506.8 Million in 2022.
We expect the global quantum sensors market to exhibit a CAGR of 6.9% during 2023-2028.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for quantum sensors.
The rising adoption of quantum entanglement technology across the healthcare industry for monitoring patients remotely, assisting diagnosis, and enhancing consumer healthcare experiences, is primarily driving the global quantum sensors market.
Based on the product, the global quantum sensors market has been segregated into atomic clocks, magnetic sensors, PAR quantum sensors, and gravity sensors. Among these, magnetic sensors currently hold the largest market share.
Based on the application, the global quantum sensors market can be bifurcated into military and defense, automotive, agriculture, oil and gas, healthcare, and others. Currently, the military and defense sector exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global quantum sensors market include AOSense Inc., Apogee Instruments Inc., Campbell Scientific Inc., GWR Instruments Inc., Impedans Ltd., LI-COR Inc., M Squared Lasers Limited, Muquans SAS (iXblue), Robert Bosch GmbH, Sea-Bird Scientific, and Skye Instruments Limited.
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