Terahertz (THz) Technology Market Size, Share, Development by 2024
To analyze the Terahertz (THz) Technology with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Click to view the full report TOC, figure and tables:
Terahertz (THz) frequency range (0.1 THz — 3 THz) is the last span within the whole electromagnetic wave spectrum, At the same time it is well known that this frequency range has incredibly fascinating prospects for many applications. THz radiation exhibits three unique properties, which stimulate development of the whole terahertz industry. The major advantage of terahertz waves (of sub-terahertz frequency range 0.1 THz — 0.3 THz) is that many materials which block visible and IR spectra, appear to be transparent in the terahertz region. The terahertz range is a part of the electromagnetic spectrum between microwaves and infrared with a frequency of one billion oscillations per second. The so-called terahertz gap was an issue for many years as there were no practical radiation sources for this part of the spectrum until well into the 1990s. Due to its special properties, terahertz radiation has become an important technology of the future: it can be used to detect concealed explosives or drugs and it can identify which substances are flowing through a plastic pipe. It is capable of monitoring the thickness of a layer in a nondestructive manner and visualizing material flaws in ceramics or plastics. Due to its low energy characteristics, terahertz radiation is non-hazardous for humans and animals.
Scope of the Report:
Terahertz (THz) Technology is widely used in Laboratory Research, Medical & Healthcare, Military and Homeland Security and Industrial Non-Destructive Testing (NDT). According to the report data, 53.11% of the market demand for Terahertz (THz) Technology in the field of Laboratory Research in 2018.
Terahertz (THz) Technology is divided into Terahertz Imaging, Terahertz Spectroscopy and Terahertz Communication Systems. Terahertz Imaging plays an important role in terahertz technology, with a market share approaching 64.85% in 2018.
In short, the Terahertz (THz) Technology industry will continue to be a relatively fast-growing industry in the coming years. There are many opportunities for sales of terahertz imaging inspections, and more companies will enter the industry, especially in developing countries.
The global Terahertz (THz) Technology market is valued at 318.6 million USD in 2018 and is expected to reach 906.2 million USD by the end of 2024, growing at a CAGR of 23.3% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Terahertz (THz) Technology.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Terahertz (THz) Technology market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Terahertz (THz) Technology market by product type and applications/end industries.
Market Segment by Companies, this report covers
Brainware Terahertz Information
Hübner GmbH & Co. KG
Daheng New Epoch Technology
Toptica Photonics AG
Luna Innovations Incorporated
Terasense Group Inc.
Menlo Systems GmbH
Microtech Instrument Inc
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Terahertz Communication Systems
Market Segment by Applications, can be divided into
Medical & Healthcare
Military and Homeland Security
Industrial Non-Destructive Testing (NDT)
For More Information On This Report, Please Visit @
North America Terahertz (THz) Technology Market Growth 2019-2024
United States Terahertz (THz) Technology Market Growth 2019-2024
Asia-Pacific Terahertz (THz) Technology Market Growth 2019-2024
Europe Terahertz (THz) Technology Market Growth 2019-2024
EMEA Terahertz (THz) Technology Market Growth 2019-2024
Global Terahertz (THz) Technology Market Growth 2019-2024
China Terahertz (THz) Technology Market Growth 2019-2024
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