Superconducting Quantum Interference Devices Sensors Market, Global Outlook and Forecast 2024-2030
The global Superconducting Quantum Interference Devices Sensors market size was valued at US$ 789.4 million in 2024 and is projected to reach US$ 1.45 billion by 2030, at a CAGR of 10.7% during the forecast period 2024-2030.
The United States SQUID Sensors market size was valued at US$ 234.5 million in 2024 and is projected to reach US$ 412.3 million by 2030, at a CAGR of 9.9% during the forecast period 2024-2030.
SQUID Sensors are highly sensitive magnetic field detectors using quantum effects for applications in research, medical imaging, and quantum computing.
The global market is experiencing rapid growth, driven by quantum technology advancement and medical diagnostics needs. In 2023, unit sales reached 2,500 globally, with research institutions accounting for 45% of demand. The market saw a 40% increase in high-temperature SQUID adoption in 2023. Low-temperature SQUIDs dominate with a 65% market share, while high-temperature variants are growing at 15% annually. North America leads with a 45% market share, while Asia Pacific is the fastest-growing region at 12.5% CAGR. The industry is focusing on developing quantum sensing applications, with a 50% growth in R&D investments for sensitivity enhancement.
Report Overview
A superconducting quantum interference device (SQUID) is a very sensitive magnetometer used to measure extremely subtle magnetic fields, based on superconducting loops containing Josephson junctions.
This report provides a deep insight into the global Superconducting Quantum Interference Devices Sensors market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Superconducting Quantum Interference Devices Sensors Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Superconducting Quantum Interference Devices Sensors market in any manner.
Global Superconducting Quantum Interference Devices Sensors Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Supracon AG
Quantum Design
STAR Cryoelectronics
MagQu
EPRI
Intel
Elliot Scientific
TDK
Market Segmentation (by Type)
AC
RF
Market Segmentation (by Application)
Electronics
Precision Instrument
Others
Geographic Segmentation
