Quantum Condensed Matter Physics

The field of condensed matter physics discovers the microscopic and macroscopic properties of matter. Condensed Matter physicists study how matter arises from a large number of interacting atoms and electrons, and what physical properties it has as a result of these interactions. Monte Carlo techniques are effective computational instruments for studies of equilibrium properties of classical numerous molecule systems. Using a stochastic process for generating random configurations of the system degrees of freedom, such methods simulate thermal fluctuations, so that expectation values of physical observables of interest are directly obtained by averaging “measurements” on the configurations. The worldwide superconducting wire market was valued at USD 638.1 Million in 2016, and is required to develop at a CAGR of 9.6% from 2016 to 2021. The growing demand for superconductor based MRI systems, advancement in computer chip design technology, and synergies of high voltage transmission application and high efficiencies are the major factors driving the superconducting wire market. For the worldwide magnetic sensors market, the size is relied upon to achieve USD 3.65 billion by 2022 as indicated by another report by Grand View Research, Inc. Asia Pacific region dominates the global market in terms of demand and is projected to grow at a CAGR of nearly 12% over the forecast period. Existence of chief end-use industries in the region has prompted an expanding demand for such sensing modules in the region. Countries such as China, Japan, and India house most of the technological and automotive giants leading to an escalating demand over the forecast period.

 

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