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Global Terahertz Technologies Market Size study, by Type (Terahertz imaging, Terahertz spectroscopy, Terahertz communication systems), by Technology (Terahertz sources, Terahertz detectors) and Regional Forecasts 2021-2027

  • BIZ4599816
  • 200 Pages
  • July 2021
  • Semiconductor and Electronics
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Global Terahertz Technologies Market is valued at approximately USD 0.28 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 31.2 % over the forecast period 2021-2027. Terahertz technology is a new and rapidly evolving subject that has the potential to generate applications ranging from airport passenger scanning to huge digital data transfers, and it has reflected tremendous scientific progress. Terahertz (THz) radiation has three distinct qualities that encourage the growth of the entire terahertz sector. The ability to do full or partial body scanning and other associated security screening without any radiation on key parts is one of the major drivers driving the use of terahertz technology in the security business. The technology is seeing a lot of use in airport screening, and it is helping to enhance throughput while delivering high-quality detection results. According to the Canadian Air Transport Security Authority (CATSA), the number of passengers screened each hour at Canadian Airport climbed to 217 in 2020 from 159 in 2016. Moreover, in 2020, a team of researchers from MIT and the University of Waterloo developed a high-power, portable version of a quantum cascade laser that can generate terahertz radiation outside of a laboratory setting and could be used in applications such as detecting hidden explosives and pinpointing skin cancer. NASA and the Natural Sciences and Engineering Research Council of Canada financed this study. The technique could be used in a variety of industries where it is important to detect foreign items within a product in order to ensure its safety and quality. However, lack of awareness of the technology in the market may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global Terahertz Technologies Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). North America is the leading region across the world in terms of market share due to rising homeland security issues, investments in defense, and increasing R&D in the region. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027 increasing due to number of manufacturing companies in several developing countries, such as China, India, and Japan, in the region.

Major market player included in this report are:

Luna Innovations

Teravil

TeraView Limited

TOPTICA Photonics AG

HÜBNER GmbH & Co. KG

Advantest Corporation

Batop GmbH

Terasense Group Inc.

Microtech Instrument Inc.

Menlo Systems GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Terahertz imaging

Terahertz spectroscopy

Terahertz communication systems

By Technology:

Terahertz sources

Terahertz detectors

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018,2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Terahertz Technologies Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Terahertz Technology Market , by Region, 2019-2027 (USD Billion)

1.2.2. Terahertz Technology Market , by Type, 2019-2027 (USD Billion)

1.2.3. Terahertz Technology Market , by Technology, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Terahertz Technology Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Terahertz Technology Market Dynamics

3.1. Terahertz Technology Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increase in demand from the defense, homeland security, and medical sectors

3.1.1.2. Increase in the usage of terahertz systems in laboratory research

3.1.2. Market Restraint

3.1.2.1. Slow adoption rate of terahertz technology due to the lack of awareness

3.1.3. Market Opportunities

3.1.3.1. Processing applications of terahertz technology in the food industry

Chapter 4. Global Terahertz Technology Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Terahertz Technology Market , by Type

5.1. Market Snapshot

5.2. Global Terahertz Technology Market by Type , Performance - Potential Analysis

5.3. Global Terahertz Technology Market Estimates & Forecasts by Type 2018-2027 (USD Billion)

5.4. Terahertz Technology Market , Sub Segment Analysis

5.4.1. Terahertz imaging

5.4.2. Terahertz spectroscopy

5.4.3. Terahertz communication systems

Chapter 6. Global Terahertz Technology Market , by Technology

6.1. Market Snapshot

6.2. Global Terahertz Technology Market by Technology, Performance - Potential Analysis

6.3. Global Terahertz Technology Market Estimates & Forecasts by Technology 2018-2027 (USD Billion)

6.4. Terahertz Technology Market , Sub Segment Analysis

6.4.1. Terahertz sources

6.4.2. Terahertz detectors

Chapter 7. Global Terahertz Technology Market , Regional Analysis

7.1. Terahertz Technology Market , Regional Market Snapshot

7.2. North America Terahertz Technology Market

7.2.1. U.S. Terahertz Technology Market

7.2.1.1. Type breakdown estimates & forecasts, 2018-2027

7.2.1.2. Technology breakdown estimates & forecasts, 2018-2027

7.2.2. Canada Terahertz Technology Market

7.3. Europe Terahertz Technology Market Snapshot

7.3.1. U.K. Terahertz Technology Market

7.3.2. Germany Terahertz Technology Market

7.3.3. France Terahertz Technology Market

7.3.4. Spain Terahertz Technology Market

7.3.5. Italy Terahertz Technology Market

7.3.6. Rest of Europe Terahertz Technology Market

7.4. Asia-Pacific Terahertz Technology Market Snapshot

7.4.1. China Terahertz Technology Market

7.4.2. India Terahertz Technology Market

7.4.3. Japan Terahertz Technology Market

7.4.4. Australia Terahertz Technology Market

7.4.5. South Korea Terahertz Technology Market

7.4.6. Rest of Asia Pacific Terahertz Technology Market

7.5. Latin America Terahertz Technology Market Snapshot

7.5.1. Brazil Terahertz Technology Market

7.5.2. Mexico Terahertz Technology Market

7.6. Rest of The World Terahertz Technology Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Luna Innovations

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Teravil

8.2.3. TeraView Limited

8.2.4. TOPTICA Photonics AG

8.2.5. HÜBNER GmbH & Co. KG

8.2.6. Advantest Corporation

8.2.7. Batop GmbH

8.2.8. Terasense Group Inc.

8.2.9. Microtech Instrument Inc.

8.2.10. Menlo Systems GmbH

Chapter 9. Research Application

9.1. Research Application

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

TABLE 1. Global Terahertz Technology Market , report scope

TABLE 2. Global Terahertz Technology Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 3. Global Terahertz Technology Market estimates & forecasts by Type 2018-2027 (USD Billion)

TABLE 4. Global Terahertz Technology Market estimates & forecasts by Technology 2018-2027 (USD Billion)

TABLE 5. Global Terahertz Technology Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 6. Global Terahertz Technology Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Terahertz Technology Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Terahertz Technology Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Terahertz Technology Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Terahertz Technology Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Terahertz Technology Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Terahertz Technology Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Terahertz Technology Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Terahertz Technology Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Terahertz Technology Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Terahertz Technology Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Terahertz Technology Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Terahertz Technology Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Terahertz Technology Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Terahertz Technology Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. U.S. Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. U.S. Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. U.S. Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. Canada Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. Canada Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Canada Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. UK Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. UK Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. UK Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. Germany Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. Germany Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. Germany Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. France Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. France Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. France Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. Spain Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. Spain Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Spain Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Italy Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 40. Italy Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. Italy Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. ROE Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 43. ROE Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. ROE Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. China Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 46. China Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. China Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. India Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 49. India Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. India Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. Japan Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 52. Japan Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Japan Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Australia Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 55. Australia Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. Australia Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. South Korea Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 58. South Korea Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 59. South Korea Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 60. ROPAC Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 61. ROPAC Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 62. ROPAC Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 63. Brazil Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 64. Brazil Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 65. Brazil Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 66. Mexico Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 67. Mexico Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 68. Mexico Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 69. ROLA Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 70. ROLA Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 71. ROLA Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 72. ROW Terahertz Technology Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 73. ROW Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 74. ROW Terahertz Technology Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 75. List of secondary sources used in the study of global Terahertz Technology Market .

TABLE 76. List of primary sources used in the study of global Terahertz Technology Market .

TABLE 77. Years considered for the study.

TABLE 78. Exchange rates considered.

 
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