Global Quantum Sensor Market Size & Outlook, 2023-2030

The quantum sensor industry worldwide is expected to reach a projected revenue of US$ 1,422.2 million by 2030. A compound annual growth rate of 7.8% is expected of the worldwide quantum sensor industry from 2024 to 2030.
Revenue, 2023 (US$M)
$839.0
Forecast, 2030 (US$M)
$1,422.2
CAGR, 2024 - 2030
7.8%
Report Coverage
Worldwide

Global quantum sensor market highlights

  • The global quantum sensor market generated a revenue of USD 839.0 million in 2023 and is expected to reach USD 1,422.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7.8% by 2030.
  • In terms of segment, quantum magnetic sensors accounted for a revenue of USD 310.1 million in 2023.
  • PAR Quantum Sensors is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, France is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 839.0 million
Market revenue in 2030USD 1,422.2 million
Growth rate7.8% (CAGR from 2023 to 2030)
Largest segmentQuantum magnetic sensors
Fastest growing segmentPAR Quantum Sensors
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAtomic Clocks, Gravitational sensors, PAR Quantum Sensors, Quantum magnetic sensors

Other key industry trends

  • In terms of revenue, the North America accounted for 22.9% of the global quantum sensor market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, France is the fastest growing regional market and is projected to reach USD 83.3 million by 2030.

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Quantum Sensor Market Companies

Name Profile # Employees HQ Website

Global quantum sensor market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to quantum sensor market will help companies and investors design strategic landscapes.


Quantum magnetic sensors was the largest segment with a revenue share of 36.96% in 2023. Horizon Databook has segmented the Global quantum sensor market based on atomic clocks, gravitational sensors, par quantum sensors, quantum magnetic sensors covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Quantum Sensor Product Outlook (Revenue, USD Million, 2018-2030)
    • Atomic Clocks
    • Gravitational sensors
    • PAR Quantum Sensors
    • Quantum magnetic sensors
    • Others
  • Global Quantum Sensor Application Outlook (Revenue, USD Million, 2018-2030)
    • Aerospace and Defense
    • Automotive
    • Oil and Gas
    • Healthcare
    • Other

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Horizon Databook provides a detailed overview of global-level data and insights on the Global quantum sensor market , including forecasts for subscribers. This global databook contains high-level insights into Global quantum sensor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global quantum sensor market size, by regions, 2018-2030 (US$M)

Top 10 countries: Quantum sensor market size, 2023 (US$M)

Global quantum sensor market share, by product, 2023 & 2030 (%, US$M)

Quantum sensor market: Opportunity assessment by country

Global quantum sensor market, by region, 2023 (US$M)

Global quantum sensor market size, by regions, 2018-2030 (US$M)

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