SQUID Sensors - Global Strategic Business Report

The global market for SQUID Sensors was valued at US$157.4 Million in 2024 and is projected to reach US$191.5 Million by 2030, growing at a CAGR of 3.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the SQUID Sensors market.

Global SQUID Sensors Market - Key Trends & Drivers Summarized

Why Are SQUID Sensors Gaining Prominence in Ultra-Sensitive Magnetic Field Detection Applications?

Superconducting Quantum Interference Devices (SQUIDs) are at the forefront of magnetic sensing technology, capable of detecting magnetic fields with extraordinary sensitivity - down to a few femtoteslas. Leveraging superconducting loops and Josephson junctions, SQUID sensors are uniquely positioned for applications requiring ultra-precise measurements, such as biomagnetism, geophysics, materials analysis, and quantum research. Their ability to detect weak signals that are otherwise undetectable by conventional magnetometers is driving demand in both academic and high-end industrial research domains.

In biomedical applications, SQUID sensors enable non-invasive diagnostic techniques such as magnetoencephalography (MEG) and magnetocardiography (MCG), providing valuable insights into brain and cardiac function with unmatched spatial and temporal resolution. These systems are critical in neuroscientific research and the early diagnosis of neurological disorders, offering functional imaging without the need for ionizing radiation. The rising interest in precision medicine and brain-computer interface development is further elevating the strategic relevance of SQUID-based systems.

How Are Advancements in Cryogenics and Miniaturization Expanding SQUID Sensor Deployments?

Historically, the need for cryogenic cooling using liquid helium limited the practicality and scalability of SQUID sensors. However, recent advancements in cryocooler technology and the adoption of high-temperature superconducting (HTS) materials are reducing cooling infrastructure requirements and enabling more compact, user-friendly systems. This progress is accelerating SQUID deployment in portable configurations, allowing researchers and engineers to access high-performance magnetic sensing outside of highly specialized laboratories.

Miniaturization efforts are also making SQUID integration more viable in field applications and embedded systems. Developments in microfabrication, multichannel SQUID arrays, and cryo-CMOS compatibility are supporting more robust and scalable sensor designs. These advancements are broadening the use cases of SQUIDs in areas such as nondestructive evaluation, magnetic anomaly detection, and advanced navigation systems, where high sensitivity and low noise are paramount. As the technology matures, system designers are overcoming long-standing form factor and environmental limitations.

Which Application Domains Are Driving Demand for SQUID-Based Sensing Platforms?

Medical imaging continues to be a core growth area, with MEG systems employing SQUID arrays to map brain activity in epilepsy, autism, and neurodegenerative conditions. As demand rises for advanced brain research tools, universities, hospitals, and neuroscience institutes are expanding their use of SQUID-based imaging platforms. Additionally, the development of wearable MEG systems using optically pumped magnetometers in tandem with SQUIDs is attracting research funding and commercial interest for real-time, mobile neuroimaging.

Beyond healthcare, SQUIDs are being increasingly adopted in materials science for characterizing magnetic properties at the nano- and meso-scales. They also play a critical role in quantum computing research for reading qubits and monitoring superconducting circuits. In geophysics and defense, SQUID magnetometers are used for detecting buried objects, mapping subsurface anomalies, and enhancing magnetic navigation in GPS-denied environments. These cross-sector applications underline the expanding relevance of SQUID sensors as foundational components in high-precision measurement systems.

How Are Research Funding, Commercial Partnerships, and System Integration Influencing Market Maturity?

The commercial evolution of SQUID sensors is closely tied to academic research funding and government-supported scientific infrastructure. National research labs and university collaborations have long driven the innovation pipeline, but the market is now witnessing growing involvement from private-sector players aiming to commercialize niche applications in neurology, quantum sensing, and non-invasive diagnostics. Strategic partnerships between sensor manufacturers, cryogenic system providers, and software developers are facilitating end-to-end platform development for specialized use cases.

System integration challenges - such as magnetic shielding, thermal management, and signal amplification - are being addressed through modular architecture and pre-configured solutions that simplify deployment. Industry players are increasingly offering turnkey SQUID systems with plug-and-play interfaces, user-friendly software, and flexible configuration options for labs and clinical environments. As these integrated systems become more accessible and cost-effective, SQUID sensors are moving closer to broader adoption beyond specialized R&D and into commercial-grade operational settings.

What Are the Factors Driving Growth in the SQUID Sensors Market?

Growth in the SQUID sensors market is being propelled by increasing demand for ultra-sensitive magnetic field detection in neuroscience, quantum technology, materials research, and geophysical exploration. The convergence of cryogenic advancements, miniaturization, and software integration is helping overcome previous deployment barriers, expanding the technology’s applicability in both high-end research and commercial niches. As scientific disciplines pursue higher precision and data fidelity, SQUID-based systems offer unmatched measurement capabilities.

Looking ahead, the sector’s scalability will depend on how effectively vendors can reduce system complexity, enhance portability, and align with evolving use cases across medicine, defense, and quantum science. Whether the market can transition SQUIDs from specialist instruments into accessible tools for next-generation sensing ecosystems will define its trajectory in an era increasingly defined by precision measurement and data-driven innovation.

Report Scope

The report analyzes the SQUID Sensors market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments: Type (Low-Temperature SQUID Sensors, High-Temperature SQUID Sensors); Sensor Type (SQUID Current Sensors, SQUID Magnetometer Sensors, Superconducting Switch Sensors); Operating Principle (DC SQUID Sensors, RF SQUID Sensors); End-Use (Healthcare & Medical End-Use, Industrial & Manufacturing End-Use, Research & Academia End-Use, Geoscience & Environmental Monitoring End-Use, Defense & Aerospace End-Use, Other End-Uses).

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Low-Temperature SQUID Sensors segment, which is expected to reach US$125.1 Million by 2030 with a CAGR of a 4.2%. The High-Temperature SQUID Sensors segment is also set to grow at 1.9% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $42.9 Million in 2024, and China, forecasted to grow at an impressive 6.4% CAGR to reach $38.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global SQUID Sensors Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global SQUID Sensors Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global SQUID Sensors Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Allegro MicroSystems, AMS AG, Asahi Kasei Microdevices, Cryogenic Ltd, Honeywell International Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 44 companies featured in this SQUID Sensors market report include:

• Allegro MicroSystems
• AMS AG
• Asahi Kasei Microdevices
• Cryogenic Ltd
• Honeywell International Inc.
• Infineon Technologies AG
• Kohshin Electric Corporation
• Magnicon GmbH
• Melexis NV
• NXP Semiconductors N.V.
• PTB (Physikalisch-Technische Bundesanstalt)
• Q-MAD (Quantum Materials and Devices)
• Quantum Design Inc.
• STAR Cryoelectronics
• Supracon AG
• SUSTEC (Superconducting Sensor Technology Corporation)
• SUSTERA (Superconducting Sensing Technology Research Association)
• TDK Corporation
• TE Connectivity
• Tristan Technologies Inc.

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What's Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry