Atomic Clock market in Europe is expected to grow from US$ 123.88 million in 2019 to US$ 192.68 million by 2027; it is estimated to grow at a CAGR of 5.8% from 2020 to 2027.
Atomic clocks operate at a much higher rate than microwave clocks, which is why many researchers are exploring their potential with new rare earth alkaline elements, such as ytterbium, strontium, and gadolinium. The Sr-grid clock is viewed as the most steady nuclear optical clock. It has an accuracy timekeeping component, which depends on a narrow electronic transition in Sr atoms trapped inside an optical lattice to separate both the internal and external atomic degrees of freedom during the clock’s measurement. An optical atom clock’s primary feature is that a relatively large number of quantum frequency references (QFRs) are used simultaneously (~104), resulting in a high signal-to-noise ratio. Thus, leading to short-term stability, which is higher than that obtainable with single ion-based optical atomic clocks.
Some of the companies competing in the Europe Atomic Clock Market are
- Excelitas Technologies Corp.
- IQD Frequency Products Ltd
- Leonardo S.p.A.
- Microchip Technology Inc
- Stanford Research Systems
- VREMYA-CH JSC
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Europe Atomic clock Market Segmentation
Europe Atomic clock Market – By Product
- Rubidium Atomic Clock and CSAC
- Cesium Atomic Clock
- Hydrogen Maser Atomic Clock
- Europe Atomic clock Market – By End-User
- Space and Military/Aerospace
- Scientific and Metrology Research
- Telecom and Broadcasting
- Other Applications
Europe Atomic clock Market – By Country
- Rest of Europe
In terms of type, the rotary Atomic Clock segment accounted for a larger share of the SAM Atomic Clock market in 2019. In terms of technology, the magnetic segment held the largest share of the Atomic Clock market in 2019. Further, the consumer electronics segment held the largest share of the market based on end-user in 2019.
What questions does the Europe Atomic Clock Market report answer about the regional reach of the industry
- How do the sales figures look at present How does the sales scenario look for the future
- Considering the present scenario, how much revenue will each region attain by the end of the forecast period
- How much is the market share that each of these regions has accumulated presently
- How much is the growth rate that each topography will depict over the predicted timeline
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