Lucintel's latest market report analyzed that quantum sensors provides attractive opportunities in the military & defense, automotive, oil & gas, and healthcare market. The quantum sensors market is expected to reach $0.39 billion by 2028 with a CAGR of 13%. In this market, magnetic sensor is the largest segment by product type, whereas automotive is largest by application.
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Based on product type, the quantum sensors market is segmented into atomic clocks, magnetic sensors, PAR quantum sensors, and gravity sensors. The magnetic sensors segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, because of increasing utilization of these sensors in defense and military applications.
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The Quantum Sensors Market is marked by the presence of several big and small players. Some of the prominent players offering quantum sensors include AOSense, Apogee Instrument, M Squared Lasers, Muquans SAS, Robert Bosch GmbH, Skye Instruments, Campbell Scientific, GWR Instruments, and LI-COR.
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