Mese: marzo 2024

Quantum Sensors Market Will Reach USD 889.4 Million by 2030

The total value of the global quantum sensors market was USD 251.4 million in 2022, and it will rise at a growth rate of above 17.1% between 2023 and 2030, reaching USD 889.4 million by 2030. This can be credited to the wide utilization of such sensors to ‘re-build’ an extensive variety of businesses and applications. Quarks, protons, gluons, neutrons, and electrons are utilized in the quantum mechanics concept. This sensor has an enormous demand in the aerospace, defense, and healthcare industries credited to its benefits over orthodox technologies.

Quantum Sensors Market
Quantum Sensors Market

The technical improvements in quantum sensors are the major reason propelling the development of the industry. This can be credited to the increasing acceptance of this technology in numerous sectors, like oil & gas, aerospace, healthcare, and defense.

Moreover, as more R&D is done in the field of science and technology, a more-vital role will be played by such detectors. They have the capability to offer improved accuracy and sensitivity, which can be attained by making utilization of quantum phenomena, like superposition and entanglement. This makes it likely to gauge physical properties, like electric fields, magnetic fields, temperature, and gravity, with better precision and speed.

In 2022, on the basis of product type, the atomic clocks category held the largest share, of 40%, in the quantum sensors industry, and the category is also projected to remain dominant in the future as well. This can be credited to the excellent accurateness of such instruments, improvements in technology, growing demand for exact timing, and ongoing research and development. Such reasons combine to guarantee that atomic clocks serve an extensive variety of sectors and applications that hinge on exact timekeeping and synchronization.

North America is the largest quantum sensors industry, contributing approximately 45% of the global revenue, and it is further projected to remain dominant in the future as well. This is credited to its solid technical infrastructure, high expenditure in R&D, the existence of key end-use sectors, and helpful government guidelines in the continent.

Hence, the wide utilization of such sensors to ‘re-build’ an extensive variety of businesses and applications are the major factor propelling the quantum sensors market.

FPGA Market Will Touch USD 23,991.2 Million by 2030

The FPGA market was USD 9,121.1 million in 2022, and it will propel at a 12.8% CAGR, to touch USD 23,991.2 million, by 2030.

The growth of the industry is attributed to the growing acceptance of advanced driver assistance systems, surging data centers and high-performance computing deployment, and mounting utilization of IoT and AI technologies all over the world. Furthermore, with the increasing utilization of this technology, the requirement for field-programmable gate array (FPGA) hardware verification is increasing in avionics applications.

In 2022, the SRAM category, based on technology, held the largest FPGA market share, of 60%, and it will remain the largest in the years to come. This is attributed to the advantages offered by SRAM, including high performance, flexibility, in-system reconfiguration, and easier usage. Applications based on static random-access memory (SRAM) technology can be found in various industries, such as aerospace & defense, automotive, communications & networking, and consumer electronics.

Additionally, the SRAM technology is extensively used in aerospace & defense applications for communication systems, radar processing, signal intelligence, and secure data transmission. Moreover, in military settings, the ability of field reconfigurable these components possessed is particularly beneficial for avionics, electronic warfare, high-performance computing, and cybersecurity, which will further drive the advancement of this category throughout this decade.

In 2022, the 20–90 nm category, based on node size, held the largest share in the industry, and it is expected to remain the largest throughout this decade. This is attributed to the advantages offered by 20–90-nm FPGAs, such as reconfiguration freedom, low power consumption, and great performance.

APAC held the largest share in the industry, of 50%, in 2022, and it is likely to remain the largest during this decade. This is primarily attributed to the rising investment in the communications & networking sector in the continent. This will also boost the requirement for FPGAs in India in the years to come, as the country is focusing on telecom infrastructure advancement, such as the 5G connectivity deployment to boost its economy.

The North American FPGA industry is advancing at a steady pace, owing to government initiatives to promote electronics & semiconductor businesses to use more of the FPGA technology to attain cost-efficiency. Additionally, the defense and telecommunications industries, as well as the ICT sector, are progressing in North America, therefore, boosting the utilization of FPGAs in the region.