Superconducting Nanowire Single-Photon Detector (SNSPD) Market Size, Emerging Trends, Technological

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

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Report Overview:  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. ©All Rights Reserved, semiconductor insight

Market Value:  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.

CAGR of 7.9% (2023-2032)

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By Types:  Standard SNSPD  High-spec Standard SNSPD

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By Applications:

Quantum Key Distribution

Optical Quantum Computation

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