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Quantum Sensors Market– Functional Survey COVID-19 2024 – Kentucky Journal 24

August 1, 2020

Quantum Sensors Market– Functional Survey COVID-19 2024 – Kentucky Journal 24

By application: military and defense, automotive, healthcare, agriculture, oil and gas, and others. By product type: atomic clocks, magnetic sensors, photosynthetically active radiation (PAR) quantum sensors, and gravity sensors. Very soon, new improvements are expected to be seen in financial risk assessment, the discovery of new medications, machine learning models, and efficiency of chemical catalysts. In terms of fullfledged commercialization of quantum technologies, there is a need to evolve quantum science into a quantum technology market focused on return on investment. Quantum sensor technology has strong commercial prospects for the coming years, and the market is expected to benefit from increasing levels of government funding for quantum technology. Nevertheless, to combat and overcome this issue, scientists and researchers are employing quantum repeaters. This could happen in several ways, including public-private partnerships and industrial-academic collaboration, many of which would need backing with government funding.

Article from Kentucky Journal 24.