Superconducting Nanowire Single-Photon Detector (SNSPD) Market Size
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.
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
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)