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Quantum Sensors Market by Product Type (Atomic Clocks, Magnetic Sensors, PAR Quantum Sensors, Gravimeters & Accelerometers), Application (Aerospace & Defense, Oil & Gas, Agriculture, Automotive, Mining, Healthcare) and Region - Global Forecast to 2027
They are being used in some of the most crucial applications, such as space navigation and gravity measurements. In quantum sensors, the atomic properties are unchanged while they measure the relative environmental changes; hence, they do not witness drift or noise issues like conventional sensors. Compared with conventional sensors, quantum sensors are approximately 10 times more sensitive to the environment, making them extremely precise. Thus, the demand for quantum sensors is expected to grow in critical applications such as aerospace, military & defense, automotive & transportation, and healthcare.
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The market for magnetic sensors is expected to grow at a significant CAGR during the forecast period
A magnetic sensor converts the magnetic field variations into electric signals. The addition of quantum technology to the magnetic sensor improves the sensor sensitivity and reduces the size and weight of the sensor. The reduced size of magnetic sensors enables them to be used in various applications, such as microscopy, positioning systems, electric and magnetic field sensors, and communication technologies. These sensors are increasingly being used in the healthcare sector for magnetic brain mapping and dementia research.
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The market for construction & mining application is expected to grow at a significant CAGR during the forecast period Construction of any structure involves digging, drilling, and underground activities to lay out the structure’s base. Underground may contain utility cables, such as telephone cables, electricity cables, gas pipelines, or water pipelines. • Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=61825400 Damage to these properties can cause massive disturbances and loss of capital. Hence, it is vital to perform an underground survey of the proposed site before starting construction. Various instruments are being used to survey the underground, but their area of survey beneath the ground is less, which causes major threats to the utility sector and health and safety concerns. Some critical pipelines are buried deep inside the ground, excluding conventional meters’ range
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Asia Pacific to account for a significant share of the quantum sensors market in 2027
Asia Pacific includes developing and developed countries such as China, India, Japan, and South Korea. Strong industrial growth and high investments in the military & defense sector are the key factors driving the growth of the quantum sensors market in this region. The countries in the region are currently focused on research and development of quantum technologies and quantum sensors.
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Presents The major players include Campbell Scientific, Inc. (US), ID Quantique SA (Switzerland), LI-COR, Inc. (US), M Squared Ltd. (UK), and Muquans SAS (France). https://www.marketsandmarkets.com/Market-Reports/quantum-sensors-market-61825400.ht ml
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