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Global Quantum Sensors Market By Application (Greenhouse, Outdoors, Coral Aquarium And Medical Devices) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2025

Photosynthetically active radiation (PAR) comprises the spectral range from 400 to 700 nm of sunlight. This range of sunlight is responsible for photosynthesis in various trees, plants, and sea plants, among others. The reaction, or effectiveness, of photosynthesis in plants is directly proportional to the intensity of the photosynthetically active radiation (PAR) in the received sunlight. Moreover, the reaction of various shaded and sunlit plants to the received PAR varies significantly depending on the species of plants. Thereby, it is crucial to study the behavior and growth of various types of plants under varying intensities of PAR in order to completely understand plant growth. PAR sensors, also known as quantum sensors, have offered a viable solution for various scientists and researchers to detect and measure PAR levels in real-time. With the use of quantum sensors attached to various meters, researchers can maintain data logs of various observations such as PAR level, plant growth, and health.

There are various types of quantum sensors available on the market, with both flat and spherical sensors. These different types of sensors are useful for measuring photosynthetic photon flux density (PPFD) and photosynthetic photon flux flow rate (PPFFR), respectively. In addition, these sensors can be used in various on-ground, canopy, and underwater settings. Thereby, quantum sensors are widely used in numerous applications, such as outdoor monitoring, greenhouse applications, and coral aquariums, among others. Increasing adoption of quantum sensor technology in greenhouses, coral aquariums, and medical equipment is expected to spur their demands through the forecast period of 2017–2027.

The research study on the quantum sensors market includes an exhaustive analysis of the market driving and restraining factors related to the global quantum sensors industry. The report includes recent and future market trends in the global, regional, and country-level markets for quantum sensors. The study also includes an in-depth analysis of demand-supply relationships, technology development, and pricing trends. High-level analysis such as competitive analysis, value chain analysis, and market attractiveness analysis included in the report helps industry players identify key investment areas in this industry.

The market study of quantum sensors also includes market estimates and forecasts of the quantum sensors application market size in terms of revenue (US$ Bn) at the global, regional, and country levels. This market is classified on the basis of application and region. The research study also includes cross-sectional analysis at the regional and country levels, i.e., the regional market size by application. This research includes historic market data (2015 and 2016) as well as a revenue forecast for the years 2017-2025.

The report includes profiles of major players in the global quantum sensor industry. Company profiles include detailed information about business strategies, a financial overview, major competitors, a product portfolio, recent developments, and the regional positioning of these manufacturers. The report also provides an in-depth analysis of global market competition, regional market players and suppliers, and the positioning of key market players in the global market, along with their market-winning strategies.

The global quantum sensor market is classified into the following categories:

By Application

  • Greenhouse
  • Coral Aquarium
  • Outdoor
  • Medical Devices

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
  • Rest of the World
  • Latin America
  • Middle East and Africa

Based on applications, the quantum sensor market is classified into the following categories:

  • Greenhouse
  • Coral Aquarium
  • Medical Devices
  • Outdoor 

Quantum sensors used in outdoor applications accounted for the largest revenue share of 45.6% in 2016 in the overall quantum sensor market. The revenue share of the segment is expected to reach 46.6% by 2025. A quantum sensor is used for a variety of outdoor applications, such as measurements of photosynthetically active radiation for forests, weather and meteorological applications, and scientific studies. With the rapidly changing atmospheric conditions, the need to study the adverse effects of pollution on the atmosphere is highly essential. Measurement of physical properties such as photosynthetically active radiation helps develop vegetation and reduce the effects of pollution on it.

It also aids in the prevention of endangered and rare species of plants from growing efficiently under the open sky or under the canopy. The governments of different countries are undertaking a number of steps to prevent and develop forest vegetation. Consequently, the use of quantum sensors for developing forestation and meteorological applications has increased exponentially. The constant evolution of new and improved techniques for farming and related devices required for measuring different physical attributes essential for farming has boosted the demand for quantum sensors.

The global quantum sensors market is classified into four major regions, i.e., North America, Europe, Asia Pacific, and the Rest of the World (RoW). The rest of the quantum sensor market is further classified into Latin America, the Middle East, and Africa.

In addition, we have covered the following major countries in each regional market:

  • North America
  • U.S.a
  • Canada
  • Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
  • Rest of the World
  • Latin America
  • Middle East and Africa

In terms of revenue and adoption, North America accounted for the lion's share of the global quantum sensor market in 2016. The region contributed to nearly 41% of the total market revenue generated worldwide in 2016. The United States drives the market here, accounting for more than 90% of total regional revenue. Light measurement and management have been popular in the U.S. so as to ensure they generate an optimum yield from agriculture. Large farm owners in the U.S. are well acquainted with light measurement units, especially footcandles. As a result, North America remains among the most promising markets for quantum sensors.

In terms of revenue, Europe represents the second-largest market for quantum sensors worldwide, behind North America. The European quantum sensor market is heavily concentrated in Western Europe, with countries such as Germany, the United Kingdom, Italy, Spain, and France touted as major growth hotspots.

Frequently Asked Questions:

The market for Quantum Sensors Market is expected to reach US$ 1,745.8 Mn By 2025.

The Quantum Sensors Market is expected to see significant CAGR growth over the coming years, at 36.7%.

The report is forecasted from 2015-2025.

The base year of this report is 2014.

Biospherical Instruments Inc., LI-COR, Inc., Spectrum Technologies, Inc., Apogee Instruments, Inc. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jun 2017
Category:  Semiconductor & Electronics
Report ID:   58507
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Delivery Time: 24 Hours to 48 Hours   
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