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COVID-19 Pandemic Impact on Global Quantum Sensors Market 2020-2024 | Technavio

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The quantum sensors market is expected to register a CAGR of almost 4% during 2020-2024, as per the latest research report by Technavio. The report offers detailed analysis about the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.

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Technavio has announced its latest market research report titled Global Quantum Sensors Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Quantum Sensors Market 2020-2024 (Graphic: Business Wire)

Request for Technavio’s market report estimates including pre- and post-COVID-19 impact on quantum sensors market. Download a Free Sample Report on the impact of COVID-19 pandemic analysis.

Due to the extensive spread of the virus across the globe, the Information Technology Industry is anticipated to have Mixed impact. The quantum sensors market will showcase Negative impact during 2020-2024.

Quantum Sensors Market 2020-2024: Segmentation

Quantum Sensors Market is segmented as below:

  • Product

    • Atomic Clocks
    • PAR Quantum Sensors
    • Gravity Sensors
    • Magnetic Sensors
    • Other Sensors
  • Geography

    • Europe
    • North America
    • APAC
    • MEA
    • South America
  • Application

    • Military and Defense
    • Agriculture
    • Oil and Gas
    • Automotive
    • Other Applications

Europe region will account for the highest incremental growth during the forecast period due to the increasing investments in satellite communication and the rising number of satellite launches that are used to gather intelligence and enable navigation and military communications.

With the surging growth of COVID-19 pandemic, the Information Technology market is anticipated to have a Direct impact during the forecast period. View market snapshot before purchasing

The use of NV color centers for manufacturing quantum sensors has been an instrumental factor in influencing the growth of quantum sensors market. Other market drivers include a growing number of research activities in the market and the introduction of new technologies in the market. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID 19 market estimates
  • Quarterly impact analysis and updates on market estimates

Get more insights about the global trends impacting the future of quantum sensors market, Request Free Sample @

Quantum Sensors Market 2020-2024: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include ADVA Optical Networking SE, AOSense Inc., Apogee Instruments Inc., GWR Instruments Inc., Kipp & Zonen BV, LI-COR Inc., Microchip Technology Inc., M-Squared Lasers Ltd., Muquans, and Skye Instruments Ltd.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platform

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Atomic clocks – Market size and forecast 2019-2024
  • PAR quantum sensors – Market size and forecast 2019-2024
  • Gravity sensors – Market size and forecast 2019-2024
  • Magnetic sensors – Market size and forecast 2019-2024
  • Other sensors
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Military and defense – Market size and forecast 2019-2024
  • Agriculture – Market size and forecast 2019-2024
  • Oil and gas – Market size and forecast 2019-2024
  • Automotive – Market size and forecast 2019-2024
  • Other applications – Market size and forecast 2019-2024
  • Market opportunity by Application

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ADVA Optical Networking SE
  • AOSense Inc.
  • Apogee Instruments Inc.
  • GWR Instruments Inc.
  • Kipp & Zonen BV
  • LI-COR Inc.
  • Microchip Technology Inc.
  • M-Squared Lasers Ltd.
  • Muquans
  • Skye Instruments Ltd.


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations


About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.