Global Superconducting Quantum Interference Device Market 2023-2030
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Global Superconducting Quantum Interference Device Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

GLOBAL SUPERCONDUCTING QUANTUM INTERFERENCE DEVICE MARKET

 

INTRODUCTION

Superconducting Quantum Interference Devices (SQUIDs) are a type of superconducting device designed to measure very small magnetic fields. They are made from superconducting materials, such as niobium or aluminum, which allow for the transfer of electrical current with no resistance.

 

SQUIDs are very sensitive and are capable of detecting and measuring extremely small changes in magnetic fields. This makes them useful for a wide variety of applications, such as medical imaging, geophysical surveys, and quantum computing.

 

The basic structure of a SQUID consists of a loop of superconducting material and two Josephson junctions. The Josephson junctions are made of two different superconductors separated by a thin insulator.

 

When a current is applied to the SQUID, the junctions form a “superconducting quantum interference”, which allows the SQUID to detect changes in the magnetic field.Because of their high sensitivity, SQUIDs are used to measure magnetic fields in a wide range of applications.

 

For example, they can be used to detect extremely weak magnetic fields from the brain, allowing for the imaging of brain activity. They are also used in geophysical surveys to measure the magnetic field of the Earth. In addition, SQUIDs are used in quantum computing to measure the spin of qubits.

 

SQUIDs are also used in a variety of other applications, including cryogenics, nanotechnology, and materials science. They are an essential tool for researchers who need to measure extremely small changes in magnetic fields.

 

GLOBAL SUPERCONDUCTING QUANTUM INTERFERENCE DEVICE MARKET SIZE AND FORECAST

 

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The Global superconducting quantum interference device market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

RECENT DEVELOPMENT

 

As the most sensitive flux and magnetic field sensors, superconducting quantum interference devices (SQUID) can detect energy differences between a few Plank constants per band unit.

 

  As for other magnetic sensors that are employed as magnetometers, like those based on induction coils, parallel or orthogonal fluxgate, the Hall effect, giant magnetoresistance, tunnel magnetoresistance, anisotropic magnetoresistance, and giant magnetoimpedance, only the atomic magnetometers are able to match the SQUID magnetometers in terms of sensitivity.

 

These magnetometers achieve 7–10 fT per band unit of magnetic field sensitivity by taking advantage of the quantum characteristics of atoms. It is not necessary to chill them with liquid helium below the critical temperature of superconductors, despite their sensitivity being lower than that of SQUID magnetometers.

 

In practical terms, a SQUID is a magnetic flux converter that produces a voltage with incredibly low magnetic flux noise. The magnetic field may be found by measuring the voltage across the SQUID and figuring out how big the ring is.

 

It goes without saying that a SQUID's sensitivity to a magnetic field increases with ring area. However, a significant increase in the superconducting ring's area is not feasible since the magnetic flux noise is directly linked to the ring's inductance. Therefore, if a SQUID device is to be utilised as a magnetometer, specific settings are needed to maximise the instrument's sensitivity to magnetic fields.

 

The most popular arrangement makes use of a superconducting flux transformer and includes a multiturn coil that is magnetically coupled to the SQUID ring in series with a pickup coil, which can be square or circular in shape.

 

An further option is to employ a multiloop arrangement, wherein sufficiently large loops are employed in parallel to reduce the SQUID's overall inductance. This keeps the effective area quite large while also preventing the sensor's effectiveness from being negatively impacted by the total inductance.

 

The Josephson junction insulating layer is realised by aluminium oxide, which results in low critical temperature (LTc) superconducting devices. The primary superconducting elements of the SQUID magnetometer are composed of niobium film.

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many superconducting quantum interference device are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global superconducting quantum interference device and key vendor selection criteria
  3. Where is the superconducting quantum interference device manufactured? What is the average margin per unit?
  4. Market share of Global superconducting quantum interference device market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global superconducting quantum interference device in-house
  6. key predictions for next 5 years in Global superconducting quantum interference device market
  7. Average B-2-B superconducting quantum interference device market price in all segments
  8. Latest trends in superconducting quantum interference device market, by every market segment
  9. The market size (both volume and value) of the superconducting quantum interference device market in 2023-2030 and every year in between?
  10. Production breakup of superconducting quantum interference device market, by suppliers and their OEM relationship

 

Sl no Topic 
Market Segmentation 
Scope of the report 
Abbreviations 
Research Methodology 
Executive Summary 
Introdauction 
Insights from Industry stakeholders 
Cost breakdown of Product by sub-components and average profit margin 
Disruptive innovation in theIndustry 
10 Technology trends in the Industry 
11 Consumer trends in the industry 
12 Recent Production Milestones 
13 Component Manufacturing in US, EU and China 
14 COVID-19 impact on overall market 
15 COVID-19 impact on Production of components 
16 COVID-19 impact on Point of sale 
17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 
18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 
19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030 
20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030 
21 Product installation rate by OEM, 2023 
22 Incline/Decline in Average B-2-B selling price in past 5 years 
23 Competition from substitute products 
24 Gross margin and average profitability of suppliers 
25 New product development in past 12 months 
26 M&A in past 12 months 
27 Growth strategy of leading players 
28 Market share of vendors, 2023 
29 Company Profiles 
30 Unmet needs and opportunity for new suppliers 
31 Conclusion 
32 Appendix