Quantum Computing in Aerospace & Defense Market Overview
Quantum computing in aerospace and defence market is expected to acquire substantial traction during the projected period. Several countries, including the United States and China, are heavily investing in the development of quantum computing technologies. Furthermore, during the estimated period, significant military investments in various regions are predicted to boost market expansion.
Quantum computing in the aerospace and defence market has various advantages over traditional computing, such as weapon system platform synchronization, which might provide the military with a strategic advantage. Quantum computers can handle massive volumes of data, allowing militaries to design more effective war strategies and communication networks to boost defence operations.
Artificial intelligence (AI) is being more widely used in the military. Systems that combine AI and quantum computing are intended to improve military prowess by providing features like improved security for crucial military assets. Furthermore, rising military spending in nations like the United States, China, and Saudi Arabia is likely to boost market growth during the projection period.
| Report Metric |
Details |
| Market size available for years |
2023–2030 |
| Base year considered |
2023 |
| Forecast period |
2024–2030 |
| Forecast unit |
Value (USD Million) |
| Segments covered |
Component, Application, and Region. |
| Regions covered |
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered |
D-Wave Systems Inc., Qxbranch LLC, IBM Corporation, Cambridge Quantum Computing Ltd, 1qb Information Technologies Inc., QC Ware Corp., Magiq Technologies Inc., Station Q-Microsoft Corporation, Rigetti Computing. |
Covid-19 Impact on Quantum Computing in Aerospace & Defense Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Quantum Computing in Aerospace & Defense Market Segment Overview
According to Component, the software segment is anticipated to register the highest CAGR during the forecast period. Moreover, the Quantum Key Distribution (QKD) segment was the largest, and it is predicted to grow at the quickest rate over the projection period. Data security is enabled through QKD technology, which the military can use to defend significant infrastructures such as electricity distribution and telecommunication networks.
Quantum Computing in Aerospace & Defense Market, By Component
· Hardware
· Software
· Services
Quantum Computing in Aerospace & Defense Market, By Application
· Quantum Key Distribution (QKD)
· Quantum Cryptanalysis
· Quantum Sensing
Quantum Computing in Aerospace & Defense Market Regional Overview
North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa are the regions in which the Quantum Computing in Aerospace & Defense market has been classified. The market in Asia-Pacific is likely to rise significantly. This is due to large-scale expenditures in quantum computing in China and Japan.
Quantum Computing in Aerospace & Defense Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Quantum Computing in Aerospace & Defense Market, Key Players
· D-Wave Systems Inc.
· Qxbranch LLC
· IBM Corporation
· Cambridge Quantum Computing Ltd
· 1qb Information Technologies Inc.
· QC Ware Corp.
· Magiq Technologies Inc.
· Station Q-Microsoft Corporation
· Rigetti Computing
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for global Quantum Computing in Aerospace & Defense market?
Quantum computing in the aerospace and defence market has various advantages over traditional computing, such as weapon system platform synchronization, which might provide the military with a strategic advantage. This factor helps to boost the growth of global Quantum Computing in Aerospace & Defense market.
Q2. Which Segments are covered in the global Quantum Computing in Aerospace & Defense market report?
Component, Application, and Region. these segments are covered in the global Quantum Computing in Aerospace & Defense market report
Q3. Which segment is projected to hold the largest share in the global Quantum Computing in Aerospace & Defense market?
Quantum Key Distribution segment is projected to hold the largest share in the global Quantum Computing in Aerospace & Defense market
Q4. Which region holds the largest share in the global Quantum Computing in Aerospace & Defense market?
Asia-Pacific holds the largest share in the global Quantum Computing in Aerospace & Defense market.
Q5. Which are the prominent players in the global Quantum Computing in Aerospace & Defense market?
D-Wave Systems Inc., Qxbranch LLC, IBM Corporation, Cambridge Quantum Computing Ltd, 1qb Information Technologies Inc., QC Ware Corp., Magiq Technologies Inc., Station Q-Microsoft Corporation, Rigetti Computing. are some key players in the global Quantum Computing in Aerospace & Defense market.
List of Figures
Figure 1: Global Aerospace Defense Quantum Computing Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Aerospace Defense Quantum Computing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Aerospace Defense Quantum Computing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Aerospace Defense Quantum Computing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Aerospace Defense Quantum Computing Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Aerospace Defense Quantum Computing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Aerospace Defense Quantum Computing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Aerospace Defense Quantum Computing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Aerospace Defense Quantum Computing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Aerospace Defense Quantum Computing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Aerospace Defense Quantum Computing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Aerospace Defense Quantum Computing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Aerospace Defense Quantum Computing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Aerospace Defense Quantum Computing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Aerospace Defense Quantum Computing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Aerospace Defense Quantum Computing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Aerospace Defense Quantum Computing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Aerospace Defense Quantum Computing Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Aerospace Defense Quantum Computing Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Aerospace Defense Quantum Computing Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Aerospace Defense Quantum Computing Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Aerospace Defense Quantum Computing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
