Advanced Quantum Sensing Market

Advanced Quantum Sensing Market Overview

The global Advanced Quantum Sensing Market size was valued at USD 333.8 million in 2024 and is predicted to reach USD 850.0 million by 2030 with a CAGR of 14.3% from 2025-2030.

The market is driven by factors such as initiatives taken by research organization along with growing automotive sector and expanding oil and gas industry. However, high cost of quantum sensing technologies hinders the market growth. On the contrary, integration artificial intelligence creates future growth opportunities for the market. Leading players in the market including M Squared Lasers Limited and AOSense Inc. are taking initiatives to maintain their dominance in the market. These initiatives are creating future growth opportunities for the market for the upcoming years.

Initiatives Taken by Research Organization Propels the Market Growth 

The ongoing initiatives taken by research institutes and organization drives the growth of market as they promote the innovation and advancements of quantum technologies by introducing new products and making investment towards the sector. These developments lead the way towards more precise and sensitive quantum sensors that enable new applications across various industries. For instance, in February 2024, Novo Nordisk Foundation invested USD 21.8 million to establish the Copenhagen Center for Biomedical Quantum Sensing with a vision of leveraging the latest quantum sensing technology to develop disease diagnosis and prevention. Also, in May 2024, University of California San Diego developed a wearable ultrasound patch that offer continuous, non-invasive monitoring of brain blood flow. These developments are stimulating investment into the market with increased use of quantum-amplified imaging technologies.

Growing Automotive Sector Fuels, the Market Growth

The growth of the automotive sector further accelerates the expansion of the advanced quantum sensing industry as manufacturers integrate advanced technologies for features including autonomous driving and enhanced safety systems. The German Association of the automotive industry latest report stated that the country produced around 350 thousand in vehicles compared to 258 thousand in December 2023 that is an increase of 35.7% during the period of six-months. 

In addition, as per the India Brand Equity Foundation (IBEF), in April 2024 India produced 235 thousand vehicles in April 2024 as compare to 232 thousand in January 2024, that is a growth of 1.3% in the span of three months. This growth creates the need for additional sensors technology and enhances technological development that drives the market growth.

Rising Oil and Gas Sector Enhances the Market Growth

Expanding oil and gas industry boots the market as these technologies enhance exploration and production efficiency. These technologies enhance the oil and gas industry by facilitating accurate measurements of pressure and magnetic fields required to optimize exploration and extraction operations. The International Energy Agency report latest report stated the crude oil supply rose to 100.1 million barrels per day in 2023from 88.3 million daily in 2019 marking a 13.4% increase over the last three years.

High Cost Hinders the Market Growth

The high cost and complexities associated with the development of quantum sensing technology such as intricate fabrication processes hinder the growth of the market.

Integration of Artificial Intelligence Creates Future Growth Opportunities for the Market

The integration of artificial intelligence in quantum sensing applications creates future growth opportunities in the market as artificial intelligence improves data analysis and optimize operational efficiency across various applications. For instance, in July 2024, SandboxAQ announced to launch AQNav an AI integrated technology designed for navigation across air, land and sea when signals from Global Navigation Satellite Systems (GNSS) are jammed or not available. The introduction of this technology provides future growth opportunities in the market by providing reliable solutions for medical diagnosis and advanced manufacturing.

Market Segmentation and Scope of the Study

The advanced quantum sensing market report is divided on the basis of component, product type, application, and region. On the basis of component, the market is classified into optomechanic and atom-optic sensor. On the basis of product type, the market is divided into atomic clock, magnetometer, optical lattice clock, quantum accelerometer, quantum gravimeter, photosynthetically active radiation (PAR), and quantum imaging. On the basis of application, the market is classified into healthcare, aerospace & defense, automotive, telecommunication, environment, and oil & gas. Regional breakdown and analysis of each of the aforesaid segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America holds the largest share in the advanced quantum sensing industry at present and is expected to continue its dominance throughout the period. This is owing to the well-established healthcare sector in this region where these technologies enhance the diagnostic accuracy and support advanced medical research.

The recent report released by the Centers for Medicare and Medicaid Services the U.S. National Health Expenditure in 2022 rose by 4.1% to USD 4.5 trillion from USD 4.3 trillion in 2021. The rise in the nation health expanse is expected to drive the demand for these technologies by transforming diagnosis routines and enhancing patient care using advanced technologies.

Moreover, the presence of key market players such as AOSense Inc. and TDK Corporation are fueling industry growth as these companies launch innovative products that facilitate the adoption of advance quantum sensing across various sectors. For instance, in June 2024, TDK Corporation launched a new redundant tunnel magnetoresistance angle sensor to enhance the accuracy and reliability of angle measurements particularly in systems where precise rotor position detection is essential. The launch of such innovative sensor technologies that improves patient care through continuous monitoring and wireless health data transmission ultimately boosts the demand for quantum sensor technologies in the region.

On the other hand, Asia-Pacific is expected to show a steady rise in the quantum sensors industry due to the expanding automotive industry that necessitates the demand for precision sensors into vehicle navigation, safety systems, and autonomous driving technologies. Consequently, that creates an increasing demand for advanced quantum sensing solutions in the region. According to the International Trade Administration (ITA) report 2023, China is the world’s largest vehicle market by both annual sales and manufacturing output. The domestic production of the country is projected to reach to 35 million vehicles by 2025 compared to 26 million in 2021 that is an increase of 34.6% within four-years period. The adoption of quantum sensor technologies is accelerating the expansion of the market by providing exceptional levels of precision and sensitivity in measurements, that enhances vehicle performance and overall vehicle efficiency.

Furthermore, the growing telecommunication industry is driving the growth of the advanced quantum sensing industry across the region. The increasing demand for high precision sensing technology is essential to support network reliability and enable the deployment of next generation communication systems. According to the India Brand Equity Foundation report 2024, India is the second largest telecom market in the world with 1.19 billion users. The expansion of telecommunications companies' infrastructure and the implementation of next-generation technologies make the reliance on quantum sensors solutions that is essential for ensuring optimal performance and efficiency.

Competitive Landscape

Various players in the advanced quantum sensing industry includes M Squared Lasers Limited, AOSense, Inc., Muquans SAS, Campbell Scientific, Inc., ID Quantique SA, Atomionics Pte Ltd., SBQuantum, Qnami, ColdQuanta, Inc., Northrop Grumman Corporation, Apogee Instruments, Inc., Robert Bosch GmbH, GWR Instruments, Inc., Spectrum Technologies, LI-COR, Inc., and others. These market players are opting various strategies such as acquisition and product launch to maintain their dominance in the market.

For instance, in May 2024, ID Quantique SA acquired Nutshell Quantum Safe to strengthen the quantum-safe security market and to meet the strong demand for the development and operation of quantum networks in the Europe region.

Moreover, in November 2022, M Squared Lasers Limited launched a commercial neutral atom quantum computing system named Maxwell. This system aims to address complex global problems through the application of quantum computing that offers a fundamentally different approach to information processing compared to traditional binary systems.

Key Benefits

• The report provides quantitative analysis and estimations of the advanced quantum sensing market from 2025 to 2030, which assists in identifying the prevailing market opportunities.

• The study comprises a deep-dive analysis of the advanced quantum sensing market including the current and future trends to depict prevalent investment pockets in the market.

• Information related to key drivers, restraints, and opportunities and their impact on the advanced quantum sensing market is provided in the report.

• Competitive analysis of the players, along with their market share is provided in the report.

• SWOT analysis and Porters Five Forces model is elaborated in the study.

• Value chain analysis in the market study provides a clear picture of roles of stakeholders.

Advanced Quantum Sensing Market Key Segments

By Product Type

• Atomic Clock

• Magnetometer

• Optical Lattice Clock

• Quantum Accelerometer

• Quantum Gravimeter

• Photosynthetically Active Radiation (PAR)

• Quantum Imaging

By Component

• Optomechanic

• Atom-Optic Sensor

By Application

• Healthcare

• Aerospace & Defense

• Automotive

• Telecommunication

• Environmental

• Oil & Gas

By Region

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The UK

  • Germany

  • France        

  • Italy        

  • Spain        

  • Denmark        

  • Netherlands        

  • Finland        

  • Sweden        

  • Norway        

  • Russia        

  • Rest of Europe    

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia-Pacific

• RoW

  • Latin America

  • Middle East

  • Africa

Key Players

• M Squared Lasers Limited

• AOSense, Inc.

• Muquans SAS

• Campbell Scientific, Inc.

• ID Quantique SA

• Atomionics Pte Ltd.

• SBQuantum

• Qnami 

• ColdQuanta, Inc.

• Northrop Grumman Corporation

• Apogee Instruments, Inc.

• Robert Bosch GmbH

• GWR Instruments, Inc.

• Spectrum Technologies

• LI-COR, Inc.

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Market Size in 2024	USD 333.8 Million
Revenue Forecast in 2030	USD 850.0 Million
Growth Rate	CAGR of 14.3% from 2025 to 2030
Analysis Period	2024–2030
Base Year Considered	2024
Forecast Period	2025–2030
Market Size Estimation	Million (USD)
Growth Factors	The ongoing initiatives taken by research institutes and organization drives the growth of market The expanding automotive sector boosts the expansion of the market The growing oil & gas industry propels the growth of the market
Countries Covered	28
Companies Profiled	15
Market Share	Available for 10 companies
Customization Scope	Free customization (equivalent to up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.