Quantum Sensors Market Trends

Statistics for the 2023 & 2024 Quantum Sensors market trends, created by Mordor Intelligence™ Industry Reports. Quantum Sensors trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Market Trends of Quantum Sensors Industry

Military and Defense Application Segment is Expected to Hold Significant Market Share

  • Military and defense are significantly investing in quantum sensors as they provide accurate data to detect submarines worldwide. They also enable military personnel to detect underground structures or nuclear materials due to their expected extreme sensitivity to environmental disturbances.
  • In addition, the sensitivity of quantum sensors could similarly enable militaries to detect electromagnetic emissions, thus increasing electronic warfare capabilities and potentially assisting in locating concealed adversary forces. They also provide alternative positioning, navigation, and timing options that theoretically allow militaries to continue to operate at full performance in GPS-degraded or GPS-denied environments.
  • Quantum cryptography and lithography are other applications in which the military and defense industry is significantly investing. The growing advancement in laser, photonics, and optical technologies further expands the market’s scope. The increasing adoption of UAV and robotic technologies in the sector may create massive deployment opportunities for quantum sensors.
  • According to the International Federation of Robotics, military robotics-worldwide spending is expected to cross USD 16.5 billion by 2025. With the increase in defense expenditure, wireless sensors are an emerging technology area with many applications within the defense industry. The rising demand for quantum sensors in unmanned systems is expected to surge the market’s growth. The military modernization programs carried out in various countries will support market growth.
Quantum Sensors Market: Spending on Military Robotics, In USD Billion, Global, 2000 - 2025

Asia-Pacific is Expected to Register Fastest Growth

  • In the region, China is investing in quantum sensors and conducting research to develop new quantum sensing devices, which could be applicable in various fields. Over the next few years, quantum technology is expected to have significant implications for future military operations. China is focused on utilizing this technology for its military applications and aims to become a leader in quantum information science.
  • For instance, Chinese scientists have created a single-photon quantum radar, which takes advantage of entanglement between photon pairs, capable of detecting targets up to 100 km away with high accuracy. This test offers an initial overview of the scope of quantum technology in military applications, which may drive the quantum sensor market.
  • Scientists across the region are making astounding breakthroughs in atomic clocks, quantum sensors, quantum communication networks, and quantum computers through experimental and theoretical research. In November 2022, China launched its lab module called Mengtian as a part of its ambitious space station currently under construction. Mengtian is set to carry the world's first space-based set of cold atomic clocks consisting of a rubidium clock, a hydrogen clock, and an optical clock.
  • Furthermore, India is investing USD 1 billion in various programs over the next five years to advance its capabilities in quantum information and meteorology, quantum applications and materials, and quantum communications. It is also planning to develop a quantum computer with about 50 qubits by 2026, joining many countries, such as Australia and Israel, looking to drive broader adoption of the nascent technology.
  • All these investments and research activities in Asian countries are expected to drive the quantum sensor market over the forecast period.
Quantum Sensors Market - Growth Rate by Region

Quantum Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)