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Quantum Sensors Market to Hit USD 839 Million by 2031 | Key Growth in Defense, Healthcare & IT – Valuates Reports

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BANGALORE, India, May 23, 2025 /PRNewswire/ — Quantum Sensors Market is Segmented by Type (Atomic Clock, Gravity Sensor, Magnetic Sensor, Rotation Sensors, Imaging Sensors, Temperature Sensors), by Application (Defense, Oil & Gas, Transportation, Construction, Medical & Healthcare, IT & Telecommunication, Agriculture).

The Global Quantum Sensors Market is projected to grow from USD 506 Million in 2024 to USD 839 Million by 2031, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period.

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Major Factors Driving the Growth of Quantum Sensors Market:

The quantum sensors market is expanding steadily as industries seek superior measurement, navigation, and detection capabilities. The convergence of technological miniaturization, rising investment, and real-world applications is accelerating commercialization. Key sectors such as defense, healthcare, aerospace, and infrastructure monitoring are integrating quantum sensors into their operational systems. The ecosystem is also maturing, with startups, academic institutions, and large corporations collectively shaping innovation. Growing awareness about quantum advantages and supportive regulatory environments further aid adoption. As barriers to cost and complexity reduce, quantum sensors are poised to move beyond niche applications into mainstream industrial and consumer markets, marking a transformative shift in precision sensing.

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TRENDS INFLUENCING THE GROWTH OF THE QUANTUM SENSORS MARKET:

Magnetic sensors are a critical segment driving the growth of the quantum sensors market due to their unmatched sensitivity in detecting minute magnetic fields. Quantum magnetic sensors, particularly those based on nitrogen-vacancy (NV) centers in diamonds or superconducting quantum interference devices (SQUIDs), offer significantly enhanced accuracy compared to traditional sensors. Their applications in medical imaging, such as magnetoencephalography (MEG), enable high-resolution brain activity mapping, fostering adoption in the healthcare sector. Additionally, they are increasingly used in geophysical surveys and mineral exploration where ultra-precise magnetic readings are required. As industries prioritize precise diagnostics and non-invasive techniques, the demand for quantum-based magnetic sensing grows, propelling market expansion in both research and commercial applications.

Atomic clocks are a foundational application of quantum sensors, driving substantial market growth due to their unparalleled accuracy in timekeeping. These clocks, based on quantum transitions in atoms like cesium and rubidium, offer stability required for critical infrastructures such as GPS, telecommunications, and high-frequency trading. The need for enhanced synchronization across global networks has heightened demand for compact and portable atomic clocks. In defense and aerospace sectors, atomic clocks support advanced navigation systems, especially where satellite signals are inaccessible. Ongoing advancements in chip-scale atomic clock (CSAC) technology are making precise timekeeping more accessible, fueling commercial adoption. Their role in enabling robust and reliable digital systems underpins the broader expansion of the quantum sensor market.

The defense sector is a major force driving the growth of the quantum sensors market due to its increasing need for precise navigation, communication, and surveillance capabilities. Quantum sensors are being deployed in inertial navigation systems for submarines, aircraft, and spacecraft, offering accurate location tracking even without GPS. Additionally, they are vital for detecting stealth objects and submarines using gravitational and magnetic field anomalies. Governments are heavily investing in defense research and development to incorporate quantum technologies into military applications, driving commercialization efforts. Collaborations between defense agencies and tech companies are accelerating innovation and deployment. This strong institutional backing and critical application scope make defense a key contributor to quantum sensor market growth.

One of the primary drivers of the quantum sensors market is the rising demand for highly accurate measurement tools across industries. Traditional sensors often fall short in extreme or sensitive environments, whereas quantum sensors offer ultra-precise detection of changes in magnetic fields, gravity, time, and acceleration. Industries such as geophysics, aerospace, and navigation require these levels of precision for mapping underground structures, monitoring seismic activity, or guiding autonomous vehicles. As these sectors grow in complexity and scale, the need for precision instruments intensifies, pushing demand for quantum sensors that can operate beyond the capabilities of classical technologies. This demand is fueling research, investment, and commercial interest in quantum sensing solutions.

Government and private sector investments in quantum technologies are significantly boosting the quantum sensors market. Countries like the U.S., China, Germany, and the U.K. are launching national quantum initiatives to develop and commercialize quantum-based solutions. These investments are not only funding academic and industrial R&D but are also facilitating collaborations between universities and enterprises. The result is a pipeline of innovations in quantum sensors, including miniaturized devices, improved stability, and increased portability. As funding becomes more widespread, barriers to entry are lowering, allowing startups and smaller firms to enter the quantum technology landscape. This influx of capital and innovation is accelerating product development and market penetration.

Space exploration and satellite technology are emerging frontiers for quantum sensors, contributing to market growth. Quantum sensors are being used to measure gravitational variations, detect mineral deposits, and monitor environmental changes from space with unprecedented accuracy. They enable mapping of Earth’s gravitational field, essential for understanding tectonic activity and sea-level rise. Additionally, quantum gyroscopes and accelerometers help in autonomous navigation of satellites and spacecraft without reliance on external signals. Space agencies and private space companies are investing in these technologies to enhance mission safety and data accuracy. As space missions become more complex and data-driven, the need for quantum sensors in orbital applications will continue to expand.

Quantum sensors are playing a pivotal role in the advancement of autonomous systems and robotics, particularly in environments where GPS is unavailable or unreliable. Quantum inertial sensors provide precise movement and orientation data, making them valuable in self-driving vehicles, drones, and underwater autonomous systems. These sensors enable machines to navigate and respond to their surroundings with greater accuracy, enhancing safety and functionality. The global trend toward automation and robotics across logistics, defense, and manufacturing sectors creates a robust demand base for such cutting-edge sensor technologies. As autonomous solutions become mainstream, quantum sensors are expected to form an integral part of their sensor stacks, driving adoption.

The ongoing trend of miniaturization in sensor technology is a significant growth driver for the quantum sensors market. Traditionally large and lab-bound, quantum sensors are now being engineered into compact, chip-scale devices suitable for integration into commercial and industrial systems. This evolution has made quantum sensors more accessible and practical for real-world use, especially in fields such as healthcare diagnostics, mobile communications, and wearable technologies. Portable quantum gravimeters, atomic clocks, and magnetometers are now being explored for field applications. Miniaturization also reduces costs and expands the scope of applications, helping quantum sensors move from research settings to commercial and consumer markets.

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QUANTUM SENSORS MARKET SHARE

North America dominates due to heavy investments in defense, space exploration, and quantum research, particularly from the U.S.

Asia-Pacific is witnessing rapid growth driven by strong government support in China, Japan, and South Korea, along with rising demand from manufacturing and navigation sectors.

Europe is a key contributor, with Germany and the U.K. spearheading R&D through public-private partnerships and EU-funded initiatives.

Key Companies:

Muquans SASMicrosemi CorpAOSenseGWR Instruments IncOscilloquartzMSquared Lasers LtdCryogenic LimitedSupracon AG

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

PAR Quantum Sensors MarketThe global market for Spherical Underwater Quantum Sensor was valued at USD 121 Million in the year 2024 and is projected to reach a revised size of USD 172 Million by 2031, growing at a CAGR of 5.0% during the forecast period.Carbon Quantum Dots (CQD) MarketFull Spectrum Quantum Sensors MarketUnderwater Quantum Sensors MarketQuantum Dot Image Sensors MarketThe global market for Quantum System was valued at USD 28740 Million in the year 2024 and is projected to reach a revised size of USD 48430 Million by 2031, growing at a CAGR of 7.9% during the forecast period.Quantum Magnetometry MarketThe global market for Infrared Sensors was estimated to be worth USD 734.1 Million in 2023 and is forecast to a readjusted size of USD 1070.8 Million by 2030 with a CAGR of 5.4% during the forecast period 2024-2030.The global market for Cooled Infrared Sensors was estimated to be worth USD 215 Million in 2023 and is forecast to a readjusted size of USD 314.4 Million by 2030 with a CAGR of 5.5% during the forecast period 2024-2030.Quantum Cryptography Solutions market is projected to grow from USD 3824.8 Million in 2024 to USD 4811.7 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period.

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Technology

Lianlian DigiTech Returns to Money20/20 Asia to Expand Partnerships, Share Industry Trends, and Explore AI-Enabled Global Financial Infrastructure

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BANGKOK, April 26, 2026 /PRNewswire/ — Lianlian DigiTech, a leading global provider of digital payment services, was once again invited to participate in Money20/20 Asia, one of the world’s most influential fintech gatherings, held in Bangkok, Thailand from April 21 to 23. At the event, the company presented its latest developments in cross-border payment infrastructure, technology innovation, and ecosystem collaboration, offering a comprehensive view of its work enhancing global cross-border payment capabilities.

During the conference, Lianlian DigiTech announced a strategic partnership with UK-based fintech company USI Money to further strengthen its global cross-border payment network, delivering more efficient and reliable fund flows for merchants worldwide. Shen Enguang, Co-President of Lianlian DigiTech; Mark Ma, Head of Global Banking Partnership at LianLian Global; and Bryan Jiang, General Manager Hong Kong of LianLian Global, attended the event and engaged with representatives from international financial institutions. They shared perspectives on fintech trends and global payment innovation, offering industry insight into the continued evolution of a more integrated and interoperable cross-border payments ecosystem.

Building a Borderless Payment Network with Global Partners Including USI Money

At the event, Lianlian DigiTech formalized a strategic collaboration with London-headquartered USI Money to further develop its global payment infrastructure.

The partnership will focus on cross-border remittance and foreign exchange services, combining both companies’ technological capabilities and resources to deliver a one-stop payment and collection solution for global businesses. The offering is built to be efficient, secure, and cost-effective, improving overall fund flow efficiency and streamlining foreign exchange execution.

Syed Bukhari, Group Chief Business and Operating Officer at USI Money, said: “Our partnership with Lianlian will strengthen our remittance capabilities, creating greater value for our customers through broader network coverage and improved transaction performance.”

Bryan Jiang, General Manager Hong Kong of LianLian Global, said: “By leveraging the complementary strengths of our ecosystem partners in technology and compliance, Lianlian will continue to scale its global payment network and improve transaction efficiency. We remain committed to enhancing financial connectivity across global financial markets and delivering more efficient and reliable cross-border payment solutions for our customers.”

Founded in 2009 and listed on the Main Board of the Hong Kong Stock Exchange in 2024 (2598.HK), Lianlian DigiTech is a China-based, globally focused digital payment company with increasingly integrated AI capabilities across its platform. Guided by its mission of “Connecting the world, Empowering global commerce,” the company focuses on developing a trusted and scalable financial infrastructure. As of the end of 2025, Lianlian DigiTech has built a cross-border payment network covering more than 100 countries and regions, serving over 10.4 million customers worldwide.

USI Money is a foreign exchange and international remittance service provider offering tailored cross-border financial solutions for businesses and individuals. With competitive real-time exchange rates and efficient execution as its core strengths, the company delivers fast, secure, and reliable global fund transfers.

In addition, Lianlian DigiTech co-hosted a networking session with Unlimit during the event, providing a forum for industry dialogue. The session brought together a broad group of fintech partners to explore collaborative models and help foster a more connected ecosystem.

Industry Roundtables: Unlocking Layered Collaboration in AI-Driven Cross-Border Payments and Advancing Financial Inclusion in Emerging Markets

At the same time, Mark Ma and Bryan Jiang were invited to the themed roundtable discussions, where they shared insights drawn from industry practice and outlined new approaches to aligning fintech innovation with the global financial system.

At the roundtable on “Fintech and Banks,” Mark Ma noted that the global payment system is rapidly shifting from isolated capabilities to a layered, collaborative model. Banks continue to serve as the foundational infrastructure, responsible for clearing networks and liquidity management. Fintech firms like Lianlian, meanwhile, build on top of this foundation to deliver application-layer services for businesses, transforming complex cross-border payment channels into more accessible solutions that support a wider range of practical business scenarios. He also emphasized fintech’s growing role in compliance and value creation. By embedding risk controls and verification processes into technology workflows, fintech companies can act as compliance intermediaries, improving efficiency while filtering risk and enabling banks to operate more effectively at scale. Meanwhile, insights derived from transaction data and business flows allow for more precise evaluation of small and medium-sized businesses, shifting capital allocation from experience-based decisions to data-driven approaches and improving access to financial services.

At the roundtable titled “Different Worlds, Shared Challenges: Bridging Emerging Markets,” Bryan Jiang pointed out that the core of financial inclusion is shifting from scale of coverage to practical usability in everyday financial activity. The ability to serve underserved segments such as small and micro merchants and overseas workers in a sustained and reliable manner ultimately depends on continuous improvements in product design and operational capabilities. Using emerging markets as an example, Jiang explained that small and medium-sized businesses in these regions often face challenges such as difficult account setup, complex cross-border collections, high foreign exchange costs, and multi-layered tax requirements. Many existing solutions still follow traditional business-focused models, resulting in cumbersome KYB processes and lengthy review cycles that are misaligned with the asset-light, high-frequency, fast-turnover nature of these businesses. In response, Lianlian has lowered barriers to fund flows by offering local collection accounts, optimizing foreign exchange mechanisms, and improving settlement efficiency. The company has also restructured account architecture, streamlined review processes, and enhanced fund visibility, creating a more seamless and intuitive user experience that better aligns financial services with its clients’ business operations and day-to-day activities.

As digital technologies increasingly integrate with the real economy, innovations in AI and blockchain are reshaping the foundations of global financial services. Lianlian DigiTech has long invested in AI capabilities, global compliance, and the growth of its international service network. Its broad licensing coverage, regulatory track record, localized service capabilities, and technical reliability have earned the trust of regulators, customers, and partners worldwide.

Looking ahead, Lianlian DigiTech will continue to build on its cross-border expertise and compliance experience to further develop its AI capabilities and deepen collaboration with global partners. The company aims to extend its role beyond payment network services into more integrated financial infrastructure solutions. Lianlian DigiTech remains committed to serving as a trusted platform for global financial transactions in an increasingly digital environment, enabling businesses and individuals worldwide to access faster, more efficient, and more seamless cross-border financial services.

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The Building & Furniture Category Highlights Sustainable and Human‑Centric Design at the 139th Canton Fair

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GUANGZHOU, China, April 26, 2026 /PRNewswire/ — Phase 2 of the 139th Canton Fair has seen the Building & Furniture category emphasize green Infrastructure and human-centric design.

A major highlight of the building and decorative materials section is the introduction of photovoltaic marble-textured cladding. This innovative surfacing material bridges the gap between high-end aesthetics and renewable energy. Unlike traditional solar panels that rely on glass, this non-opaque cladding uses precise microscopic structures to guide light to internal PV cells.

This technology offers 60% higher efficiency than traditional transparent solar systems while reducing carbon emissions by over 50%. Its ability to reproduce stone, wood, or brick‑like 3D textures allows architects to integrate power generation into a wide range of building styles without the industrial appearance of traditional solar panels.

Indoor environments are also becoming smarter and safer. Manufacturers are showcasing high-efficiency antibacterial surfacing, utilizing visible light catalysis to provide 24-hour protection against mold and bacteria. These advanced decorative papers and panels are becoming the new standard for high-end interior decoration, prioritizing long-term hygiene in residential and commercial spaces.

The sanitary ware sector is increasingly focused on the aging global population and those with limited mobility. A standout innovation is the electric lift-and-rotate shower chair. Designed for the dry-wet separation bathroom layout, it allows users to sit in a dry area and be safely rotated and lifted into the shower via remote control. This waterproof, low-voltage system provides dignity and independence for the elderly while reducing the physical strain on caregivers.

Hygiene and ease of maintenance have also seen a breakthrough with wall-mounted toilets. By moving the lid connection to the tank wall and adopting a mortise‑and‑tenon structure, the design eliminates the hard‑to‑clean areas where bacteria typically accumulate. Many of these units also incorporate ergonomic grab bars directly into the frame, blending safety with a minimalist aesthetic.

In the sports and leisure industry, the shift toward sustainability is seen in non-infill synthetic turf. This next-generation football grass eliminates the need for rubber granules or sand, providing a natural touch and superior shock absorption while significantly reducing maintenance costs and microplastic pollution.

All these innovations demonstrate how the Building & Furniture sector is advancing toward greener materials, smarter functionality, and more human‑centered design, setting new benchmarks for the future of living spaces.

For pre-registration, please click: https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

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Nexteer’s Global First Steer-by-Wire Goes into Production

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BEIJING, April 26, 2026 /PRNewswire/ — Nexteer Automotive helped a leading Chinese new energy vehicle (NEV) manufacturer bring the world’s first production passenger vehicle with a full drive‑by‑wire chassis to market. The vehicle features Nexteer’s steer‑by‑wire (SbW) system as a key enabler.

The SbW featured in this vehicle marks Nexteer’s first SbW system in mass production, representing a major step forward for the technology — moving from development and validation to full-scale production. Certified in late 2025, this system achieved the world’s first ASIL D functional safety approval from DAkkS (German Accreditation Body) through close collaboration with the OEM. This certification reflects global top-tier performance in fault diagnosis, redundancy, and safety monitoring. Key features include:

Multi-layered redundancy design: Dual controllers, dual power supplies, multiple communication links, and dual actuation paths — achieving redundancy at system, hardware, and software levels. This ensures that in the event of a single fault, the backup path takes over within milliseconds with no loss of steering function.Full‑scenario functional safety mechanism: Multi‑level monitoring and fault handling strategies covering sensors, controllers, actuators, and communication links.Variable steering ratio: Automatically adjusts steering angle and effort based on vehicle speed and driving mode, balancing agility and comfort.Intuitive road‑feel simulation technology: Software‑defined steering feedback delivers a more responsive and precise driving experience, adaptable to a wide range of driving scenarios.Open interface for autonomous driving: As a key actuation layer for ADAS and autonomous driving systems, it provides real‑time, precise control capabilities, supporting the development of intelligent transportation systems.

Steer-by-Wire: Electronic Signals Replace Mechanical Links, Flexible Configurations for Diverse Needs

By decoupling the mechanical link between the hand wheel and the road wheels, steer-by-wire replaces conventional mechanical connections with electronic signals and actuators — and is quickly becoming a foundational technology for next-generation intelligent chassis and autonomous driving platforms. As a motion control technology company with 120 years of engineering heritage, Nexteer offers a flexible, off-the-shelf portfolio of steering feel simulators and road wheel actuators. This modular approach allows us to meet the diverse needs of different vehicle models and driving scenarios efficiently and cost-effectively.

From Steering to Braking: Expanding Full-Stack Motion Control Capabilities

Building on its deep expertise in steering systems, Nexteer has expanded into braking with its Brake-by-Wire solution, the Electro-Mechanical Brake (EMB). EMB has completed full development and rigorous validation and is ready for mass production. Together with SbW, Brake-by-Wire (EMB), Rear-Wheel Steering, and the MotionIQ™ Software Suite make up Nexteer’s broader Motion-by-Wire™ portfolio.

With Nexteer, OEMs get more than steer-by-wire and brake-by-wire components: they get a complete, proven, production-ready and cost-effective drive-by-wire chassis motion control solution that’s shaping the future of the software-defined chassis and enabling faster development, lower costs and safter, smarter and more exciting driving experiences.

During Auto China 2026, we cordially invite you to visit Nexteer at Booth W1B03, Hall W1, China International Exhibition Center (Shunyi) in Beijing, to experience firsthand the breakthrough innovations of steer-by-wire and Motion-by-Wire™ technologies.

ABOUT NEXTEER AUTOMOTIVE

Nexteer Automotive (HK 1316) is a global leading motion control technology company accelerating mobility to be safe, green and exciting. Our innovative portfolio supports Motion-by-Wire™ chassis control, including electric and hydraulic power steering systems, steer-by-wire and rear-wheel steering systems, steering columns and intermediate shafts, driveline systems, software solutions and brake-by-wire. Celebrating 120 years of automotive innovation in 2026, Nexteer builds on a strong legacy of engineering excellence while continuing to shape the future of mobility. The company solves motion control challenges across all megatrends – including electrification, software/connectivity, ADAS/automated driving and shared mobility – for global and domestic OEMs around the world including BMW, Ford, GM, RNM, Stellantis, Toyota and VW, as well as automakers in India and China including BYD, Xiaomi, ChangAn, Li Auto, Chery, Great Wall, Geely, Xpeng and others. www.nexteer.com  

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