Superconducting Nanowire Single-Photon Detector (SNSPD) Market Share 2023-2032

Sep 04, 2023

The global Superconducting Nanowire Single-Photon Detector (SNSPD) market was valued at US$ 22 million in 2022 and is projected to reach US$ 38 million by 2029, at a CAGR of 7.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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The superconducting nanowire single-photon detector (SNSPD) is a quantum-limit superconducting optical detector based on the Cooper-pair breaking effect by a single photon, which exhibits a higher detection efficiency, lower dark count rate, higher counting rate, and lower timing jitter when compared with those exhibited by its counterparts. SNSPDs have been extensively applied in quantum information processing, including quantum key distribution and optical quantum computation.

The superconducting nanowire single photon detector (SNSPD) consists of a thin film of superconducting material shaped into a meandering nanowire through nanofabrication processes. This pattern enables it to cover a wide surface area, collecting the whole output of an optical fiber, while constituting a single path for the current. The detectors are operated at 2.5 Kelvin and a constant current below the critical current of the superconductor is applied to the device. The nanoscale cross section gives our photon detectors an extremely high level of sensitivity upon absorption of just a single photon. Ps: The SNSPDs in the report refer to the commercial SNSPD devices, which per price was more than 100 K US$ currently.

Total Market by Segment:

Global Superconducting Nanowire Single-Photon Detector (SNSPD) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Superconducting Nanowire Single-Photon Detector (SNSPD) Market Segment Percentages, by Type, 2022 (%)

Standard SNSPD
High-spec Standard SNSPD

The market for Standard SNSPDs is currently larger than that for High-spec Standard SNSPDs, but the market for the latter is experiencing a faster growth rate. This trend can be attributed to the increasing demand for SNSPDs with superior performance, particularly in fields like optical quantum computing and high-speed photon detection.

Further, the report presents profiles of competitors in the market, key players include:

Scontel
Single Quantum
Quantum Opus
Photon Spot
ID Quantique
Photec
NIST (National Institute of Standards and Technology)
SRON Netherlands Institute for Space Research
MPI-IS (Max Planck Institute for Intelligent Systems)
NTT Corporation
MIT Lincoln Laboratory
KIST (Korea Institute of Science and Technology)