North America Terahertz Technology Market Growing at a CAGR of 27.1% during forecast period 2020-2027, Focusing on top key Players like Terasense Group Inc., Teraview limited, Advantest Corporation, Toptica Photonics AG, Luna Innovations Inc., Menlo Syste

The terahertz technology market in North America is expected to grow from US$ 74.01 million in 2019 to US$ 497.16 million by 2027; it is estimated to grow at a CAGR of 27.1% from 2020 to 2027.

The use of ionizing radiations (X-rays) is critical in quality control and nondestructive testing because of its detrimental effect on biological agents. In the food industry, food manufacturers and packagers can use terahertz food scanners instead of using X-ray machines to check abnormalities; for example, it can detect the misplacement or inadequate placement of candy bars in carton by a pick-and-place robotic arm. The THz imagers face no problem seeing through cardboard or PE packaging; metal foil rather would create even better contrast in THz images. Detecting insects and other foreign objects in food are a severe cause of concern to consumers, food producers, and retailers. Sometimes, unwrapping chocolate bars could reveal unpleasant surprises in the form of insects, metal or glass pieces, or dirt clots. This can not only kill the appetite of the consumers but also cause severe consequences such as broken teeth or food poisoning. Moreover, in several countries, producers or retailers may end up being sued, potentially leading to fines and lawsuits worth millions of dollars. A few tests have specifically been designed for the food industry to demonstrate the ability to identify foreign objects (e.g., insects, pieces of plastics, metal, stones, or soil) within some food products, which is providing growth potential for the terahertz technology market.

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Key Players:
Terasense Group Inc.
Teraview limited
Advantest Corporation
Toptica Photonics AG
Luna Innovations Inc.
Menlo Systems GmbH
Advanced Photonix Inc.
Microtech Instrument Inc.

In North America, the US is the worst affected country by the COVID-19 outbreak. The significant presence of prominent medical and healthcare, defense, and security companies in the country makes it one of the largest markets for terahertz technology in the region. The huge increase in the number of COVID-19 cases and deaths in the country is affecting both supply and demand of the products enabled with terahertz technology due to supply chain disruptions across the region.

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The terahertz detector led the North America terahertz technology market based on component in 2019. Terahertz radiations fall between the microwaves and far infrared portion of the electromagnetic spectrum. These radiations have the capability to penetrate through plastics, clothing, and wood, among other materials; their non-ionizing behavior makes them safer for individuals, compared to X-rays that can be harmful. Terahertz radiations are widely used in full body scan machines installed at airports and other public places for security purposes. These machines are also used in medical applications for initial cancer cell detection. Terahertz radiations fall in the frequency range from roughly 0.1 THz to 10 THz, corresponding to wavelengths from 3 mm to 30 μm. These frequencies are tough to identify with traditional means of electronics, which are capable of accessing only the lower end of terahertz region. As a result, several other methods for terahertz detection have been designed and developed; a few of these include the use of photonics. Terahertz radiations can be detected and measured through Micro-bolometers, GolayCells, pyroelectric detectors, Schottky diode detectors, and photo-acoustic detectors, which ultimately drives the market for this technology.

Sameer Joshi
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