North America Terahertz Body Scanning Market 2020 Recovering From Covid-19 Outbreak | Know More about Industry Insights, Drivers, Top Trends and Future Scope
The terahertz body scanning market in North America was valued at US$ 19.42 million in 2019 and is projected to reach US$ 128.75 million by 2027; it is expected to grow at a CAGR of 27.3% from 2020 to 2027.
A terahertz body scanner is a detector used for detecting hidden objects, such as weapons and other illegal items, underneath a person’s clothing using terahertz radiations. By 2037, the International Air Transport Association (IATA) predicts a two-fold increase in the number of passengers worldwide, reaching more than 8 billion. This will place an enormous pressure on airports not only in terms of capacity but also in terms of safe and secure processing of passengers. Additionally, a few companies have started to take initiatives to improve the capacity of terahertz security scanners. For example, Aurora supports Sequestim, a company that seeks to market terahertz (THz) image technology of the next generation for security screening applications. The two companies collaborated to form as a part of the Future Aviation Security Solutions (FASS) program—a government funding scheme to improve the experience and safety of passengers—where a new type of body scanner was presented.
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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Terahertz Body Scanning Market. The researcher provides an extensive analysis of the North America Terahertz Body Scanning Market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
Major key players covered in this report:
• Thruvision Group plc
• Terasense Group Inc.
• Shanghai Eastimage Equipment Co., Ltd.
• Nuctech Company Limited
• MC2 Technologies
• Rohde & Schwarz GmbH & Co. KG
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Terahertz Body Scanning Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the North America Terahertz Body Scanning Market segments and regions.
Order a Copy of this North America Terahertz Body Scanning Market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00013290
The research on the North America Terahertz Body Scanning Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the North America Terahertz Body Scanning Market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America Terahertz Body Scanning Market.
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