openPR Logo
Press release

Terahertz Technology Market to Significant Growth Foreseen by 2027

01-23-2018 08:09 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Terahertz Technology Market to Significant Growth Foreseen

Over the past two decades, terahertz technology has been witnessing significant advancements on the scientific front. Terahertz technology is an emerging field which has potentials to improve applications ranging from passenger scanning at airports to huge digital data transfers. Terahertz radiation is located between the frequency bands of microwaves and infrared radiation, and are capable of easily penetrating into various materials, including biological tissue. The energy carried by terahertz radiation is low enough to pose no risk to any object under investigation. Technological advancements have enabled terahertz frequency band accessible for imaging systems. Many manufacturers are currently focused on developing new devices that can send and receive radiation of terahertz frequency range. Terahertz technology has found various application in various fields such as spectroscopy, imaging and communication systems, over the years. Additionally, the growing application of terahertz technology in a number of industries for quality check and process control monitoring is expected to enable terahertz components and systems to register a remarkable rise in the coming years.

Request For Sample @https://www.futuremarketinsights.com/reports/sample/rep-gb-3355

Terahertz Technology Market: Drivers and Restraints

Increasing adoption of terahertz technology in industries such as aerospace and defence and homeland security across regions is thereby driving the market for terahertz technology over the forecast period. In addition, some of the prominent drivers for terahertz technology market are factors such as increasing investments in R&D activities, growing penetration of terahertz technology in biology and medical science sectors and increasing applications of high end terahertz devices in research laboratory and process control monitoring processes. On the other hand, factors such as lack of awareness of terahertz technology can result into slow adoption rate and concerns regarding accuracy and reliability issues may act as a major restraint for the terahertz technology market.

Terahertz Technology Market: Segmentation

Terahertz technology market can be segmented on the basis of component, application, vertical and regions. On the basis of component the terahertz technology market can be segmented into terahertz sources, terahertz detectors and others. On the basis of system, the terahertz technology market can be segmented as terahertz imaging, terahertz spectroscopy, terahertz communication systems and others. Whereas the application segment in the terahertz technology market may include industrial, defence & security, biomedical, wireless communication and others. Regionally, terahertz technology market can be segmented into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.

Terahertz Technology Market: Regional Outlook

Terahertz technology market is dominated by the North America region. North America dominance is attributed to rising adoption of process control in various industries as well as high investments in R&D activities pertaining to terahertz technology by key players based in the region. On the other hand, Asia Pacific Excl. Japan, and Japan is expected to grow at a significantly as compared to the other region in the terahertz technology market and will see a good growth rate in the future. Asia Pacific Excl. Japan is expected to great opportunities terahertz technology market due to the wide presence of manufacturing companies in developing countries, such as China, and India. Eastern Europe, Latin America and MEA is expected to see a moderate growth rate in the terahertz technology market.

Request For TOC @ https://www.futuremarketinsights.com/toc/rep-gb-3355

Terahertz Technology Market: Competition Landscape

Among the prominent players involved in terahertz technology market, companies such as Advantest Corp, TeraView, EMCORE Corp and Terasense Group, Inc., among others are focusing on organic as well as inorganic strategies to strengthen their position in the terahertz technology market. For instance, in December 2016, Terasense Group, Inc. launched terahertz wave-sources based on ‘IMPATT’ technology for imaging scanners. On the other hand, in 2015, TeraView launched a continuous wave terahertz system ‘CW Spectra 400’ along with fibre fed external devices.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.
FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: http://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Terahertz Technology Market to Significant Growth Foreseen by 2027 here

News-ID: 912386 • Views: 247

More Releases from Future Market Insights

Large Industrial Displays Market Assessment and Key Insights Analyzed Till 2031
As per Future Market Insights (FMI) analysis, the large industrial displays sales volume will total 110,000 units by 2031. Overall sales are projected to grow consistently at 6.0% between 2021and 2031. The North American large industrial displays market will rise at around 5.8% CAGR through the assessment period. Rising application in the automotive industries and the military sector will guarantee robust growth in the region, as per FMI’s findings. Request a report
Active, Smart, and Intelligent Packaging Market to Touch US$ 43,361.3 Mn by 2027 …
The global packaging industry has witnessed rapid innovations in the last few years owing to rising consumer preferences for advanced packaging solutions. To cater to frequently changing consumer expectations, manufacturers of packaging products are deploying active, smart, and intelligent packaging solutions to increase product shelf life and offer better value to consumers. In a new report titled 'Active, Smart, and Intelligent Packaging Market: Global Industry Analysis (2012 - 2016) &
Glass Bottles Market Sales to total US$4.8 bn by 2031 amid Demand for Alternativ …
Future Market Insights (FMI), Dubai: As per a study by FMI, the glass bottles sales are expected total US$4.8 bn through 2031, growing at a CAGR of 5.2% over the forecast period of 2021 to 2031. The market witnessed a rise of 3% CAGR during its historical sales period between 2016 and 2020. According to a study by FMI, the glass bottles market worth will reach US$37.1 bn in 2021. After
Pharmaceutical Solvents Market demand is anticipated to grow at a CAGR of above …
Future Market Insights in its market intelligence report on pharmaceutical solvents opines that the market’s success continues to witness a sharp rise with high expenditure on healthcare, new drug delivery systems and medicines. According to FMI’s analysis, the pharmaceuticals sector has witnessed 150% increase over the last decade. Poised to surpass US$ 3.43 Bn by the end of 2030, the pharmaceutical solvents industry is betting on attaining a balance between pharmaceutical

All 5 Releases


More Releases for Terahertz

Terahertz Radiation System Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Terahertz Radiation System Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-terahertz-radiation-system-market_p108638.html   Terahertz radiation is typically understood to be
New study: Global Terahertz Radiation Systems Market forecast 2019 – 2025
The report attempts to offer high-quality and accurate analysis of the global Terahertz Radiation Systems market, keeping in view market forecasts, competitive intelligence, and technological risks and advancements, and other important subjects. Its carefully crafted market intelligence allows market participants to understand the most significant developments in the global Terahertz Radiation Systems market that are impacting their business. Readers can become aware of crucial opportunities available in the global Terahertz
Terahertz Technology Market Development Trends, Competitive Landscape and Key Re …
ReportsnReports recently announces a latest research report titled “Global Terahertz Technology Market 2018” which highlights the Terahertz Technology market size, comprehensive Terahertz Technology industry dynamics and high-tech updates of global Terahertz Technology market with respect to Terahertz Technology industry opportunities, threats, challenges, constraints, cost structure and current trends in the Terahertz Technology industry. Terahertz radiation falls in between infrared radiation and microwave radiation in the electromagnetic spectrum and it shares some
Terahertz Imaging Market - Increasing Demand For Art Restoration
Terahertz imaging is a scanning technique that uses terahertz frequency waves from 0.3 to 10 THz to penetrate through dense objects. Owing to its comparatively low photon energy, terahertz radiation does not cause any changes in the chemical structure unlike x-rays and UV radiation. Also, it does not harm the human body and the other objects it passes through, due to its non-ionizing and modest operating frequency range. Therefore, it
Terahertz Technology Market Progresses for Huge Profits During 2017-2027
Over the past two decades, terahertz technology has been witnessing significant advancements on the scientific front. Terahertz technology is an emerging field which has potentials to improve applications ranging from passenger scanning at airports to huge digital data transfers. Terahertz radiation is located between the frequency bands of microwaves and infrared radiation, and are capable of easily penetrating into various materials, including biological tissue. The energy carried by terahertz radiation
Terahertz Scanner Market to Record Sturdy Growth by 2025
Terahertz (THz) waves are a part of electromagnetic waves that fall under a frequency range of 0.3 and 3 THz. The terahertz scanner is a masked item detector that receives and analyses terahertz frequency emitted by the body to detect items such as powder, liquid, weapons, and other concealed items. In terahertz scanning, the scanning element directs the radiation on a sensor and a consolidated image is generated after an