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Terahertz Technology Market By Type  (Terahertz Imaging, Terahertz Spectroscopy, and Terahertz Communication Systems), by Technology (Terahertz Source and Terahertz Detector), By Application (Terahertz Imaging & Spectroscopy Applications(Laboratory Research, Medical & Healthcare, Military and Homeland Security, Industrial Non-Destructive Testing) and Terahertz Communication System Applications), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2027.

  • DLR491
  • 21 September, 2020
  • Service & Software
  • Pages: 120
  • Global

The Global Terahertz Technology Market was valued at USD 162.74 million in 2018, is projected to reach USD 634.22 million, exhibiting a CAGR of 25.56%. during the forecast period from 2018-2026.

The Global Terahertz Technology Market was valued at USD 122.74 million in 2018, is projected to reach USD 634.22 million by the end of 2026, exhibiting a CAGR of 24.55%. Increasing adoption of terahertz technology-based products for application in laboratory research in various universities & research firms globally drives the demand for terahertz technology market. Additionally, growing demand of these products in various cancer treatment institutes & hospitals across the globe also propels the demand for terahertz technology market. There has been significant investments into R&D and competitors are filing patents for the terahertz technology which holds strong growth opportunity during the projected period. However, high initial investments is required to manufacture terahertz technology-based products, the medium and small players cannot afford to develop these products which in turn, restrains the market growth.

Market Overview:

Terahertz is the unit of electromagnetic wave frequency, which is equal to 1 trillion hertz. The commonly used units are kilohertz and megahertz. This terahertz technology is primarily used by the astronomers and physicists. The advantages of the terahertz light are that they are non-ionizing, non-invasive, and intrinsically safe, and along with being non-destructive. The increasing number of applications of the technology in security applications act as a primary driving force for the growth of the market. Significant rise in the number of manufacturing companies in the developing economies for demand of precise security systems also propels the demand terahertz technology market during the forecast period. There has been wide scope of applications of terahertz technology in the food industry, satellite communication, defense, homeland security, and medical sectors which holds a promising growth opportunity for the market.

The major key Vendors includes in the terahertz technology market are Advantest, Teraview, Menlo Systems, ACAL, Microtech Instrument, Digital Barriers, Traycer, QMC Instruments, Gentec Electro-Optics, Del Mar Photonics, Terasense, Toptica Photonics, Insight Product, Advanced Photonix

Report Description:

  1. The base year for the study has been considered 2018, historic year 2015, 2016, and 2017, the forecast period considered is from 2019 to 2026
  2. The study delivers a comprehensive analysis of terahertz technology market by type, technology, and application and region
  3. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026
  4. Porter’s Five Forces model is used in order to recognize the competitive scenario in the terahertz technology market. This report incorporates the industry analysis which is focused on providing an extensive view of the terahertz technology market
  5. The study also includes attractiveness analysis of vertical segment and region which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market
  6. The report provides company profile of the key players operating in the terahertz technology market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  7. The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.


1 Report Overview

  • 1.1 Study Scope
  • 1.2 Key Market Segments
  • 1.3 Players Covered
  • 1.4 Market Analysis by Type
  • 1.4.1 Global Terahertz Technology Market Size Growth Rate by Type (2014-2025)
  • 1.4.2 Terahertz Sources
  • 1.4.3 Terahertz Detectors
  • 1.5 Market by Application
  • 1.5.1 Global Terahertz Technology Market Share by Application (2019-2025)
  • 1.5.2 Terahertz Imaging
  • 1.5.3 Terahertz Spectroscopy
  • 1.5.4 Terahertz Communication Systems
  • 1.6 Study Objectives
  • 1.7 Years Considered
  • 2 Global Growth Trends

    • 2.1 Terahertz Technology Market Size
    • 2.2 Terahertz Technology Growth Trends by Regions
    • 2.2.1 Terahertz Technology Market Size by Regions (2019-2025)
  • 2.2.2 Terahertz Technology Market Share by Regions (2014-2019)
  • 2.3 Industry Trends
  • 2.3.1 Market Top Trends
  • 2.3.2 Market Drivers
  • 2.3.3 Market Challenges
  • 2.3.4 Porter’s Five Forces Analysis
  • 3 Market Share by Key Players

    • 3.1 Terahertz Technology Market Size by by Players
    • 3.1.1 Global Terahertz Technology Revenue by by Players (2014-2019)
  • 3.1.2 Global Terahertz Technology Revenue Market Share by by Players (2014-2019)
  • 3.1.3 Global Terahertz Technology Market Concentration Ratio (CR5 and HHI)
  • 3.2 Terahertz Technology Key Players Head office and Area Served
  • 3.3 Key Players Terahertz Technology Product/Solution/Service
  • 3.4 Date of Enter into Terahertz Technology Market
  • 3.5 Mergers & Acquisitions, Expansion Plans
  • 4 Breakdown Data by Type and Application

    • 4.1 Global Terahertz Technology Market Size by Type (2014-2019)
    • 4.2 Global Terahertz Technology Market Size by Application (2014-2019)

    5 North America

    • 5.1 North America Terahertz Technology Market Size (2014-2019)
    • 5.2 Terahertz Technology Key Players in North America
    • 5.3 North America Terahertz Technology Market Size by Type
    • 5.4 North America Terahertz Technology Market Size by Application

    6 Europe

    • 6.1 Europe Terahertz Technology Market Size (2014-2019)
    • 6.2 Terahertz Technology Key Players in Europe
    • 6.3 Europe Terahertz Technology Market Size by Type
    • 6.4 Europe Terahertz Technology Market Size by Application

    7 China

    • 7.1 China Terahertz Technology Market Size (2014-2019)
    • 7.2 Terahertz Technology Key Players in China
    • 7.3 China Terahertz Technology Market Size by Type
    • 7.4 China Terahertz Technology Market Size by Application

    8 Japan

    • 8.1 Japan Terahertz Technology Market Size (2014-2019)
    • 8.2 Terahertz Technology Key Players in Japan
    • 8.3 Japan Terahertz Technology Market Size by Type
    • 8.4 Japan Terahertz Technology Market Size by Application

    9 Southeast Asia

    • 9.1 Southeast Asia Terahertz Technology Market Size (2014-2019)
    • 9.2 Terahertz Technology Key Players in Southeast Asia
    • 9.3 Southeast Asia Terahertz Technology Market Size by Type
    • 9.4 Southeast Asia Terahertz Technology Market Size by Application

    10 India

    • 10.1 India Terahertz Technology Market Size (2014-2019)
    • 10.2 Terahertz Technology Key Players in India
    • 10.3 India Terahertz Technology Market Size by Type
    • 10.4 India Terahertz Technology Market Size by Application

    11 Central & South America

    • 11.1 Central & South America Terahertz Technology Market Size (2014-2019)
    • 11.2 Terahertz Technology Key Players in Central & South America
    • 11.3 Central & South America Terahertz Technology Market Size by Type
    • 11.4 Central & South America Terahertz Technology Market Size by Application

    12 International Players Profiles

    • 12.1 Advantest
    • 12.1.1 Advantest Company Details
  • 12.1.2 Company Description and Business Overview
  • 12.1.3 Terahertz Technology Introduction
  • 12.1.4 Advantest Revenue in Terahertz Technology Business (2014-2019))
  • 12.1.5 Advantest Recent Development
  • 12.2 Teraview
  • 12.2.1 Teraview Company Details
  • 12.2.2 Company Description and Business Overview
  • 12.2.3 Terahertz Technology Introduction
  • 12.2.4 Teraview Revenue in Terahertz Technology Business (2014-2019)
  • 12.2.5 Teraview Recent Development
  • 12.3 Menlo Systems
  • 12.3.1 Menlo Systems Company Details
  • 12.3.2 Company Description and Business Overview
  • 12.3.3 Terahertz Technology Introduction
  • 12.3.4 Menlo Systems Revenue in Terahertz Technology Business (2014-2019)
  • 12.3.5 Menlo Systems Recent Development
  • 12.4 ACAL
  • 12.4.1 ACAL Company Details
  • 12.4.2 Company Description and Business Overview
  • 12.4.3 Terahertz Technology Introduction
  • 12.4.4 ACAL Revenue in Terahertz Technology Business (2014-2019)
  • 12.4.5 ACAL Recent Development
  • 12.5 Microtech Instrument
  • 12.5.1 Microtech Instrument Company Details
  • 12.5.2 Company Description and Business Overview
  • 12.5.3 Terahertz Technology Introduction
  • 12.5.4 Microtech Instrument Revenue in Terahertz Technology Business (2014-2019)
  • 12.5.5 Microtech Instrument Recent Development
  • 12.6 Digital Barriers
  • 12.6.1 Digital Barriers Company Details
  • 12.6.2 Company Description and Business Overview
  • 12.6.3 Terahertz Technology Introduction
  • 12.6.4 Digital Barriers Revenue in Terahertz Technology Business (2014-2019)
  • 12.6.5 Digital Barriers Recent Development
  • 12.7 Traycer
  • 12.7.1 Traycer Company Details
  • 12.7.2 Company Description and Business Overview
  • 12.7.3 Terahertz Technology Introduction
  • 12.7.4 Traycer Revenue in Terahertz Technology Business (2014-2019)
  • 12.7.5 Traycer Recent Development
  • 12.8 QMC Instruments
  • 12.8.1 QMC Instruments Company Details
  • 12.8.2 Company Description and Business Overview
  • 12.8.3 Terahertz Technology Introduction
  • 12.8.4 QMC Instruments Revenue in Terahertz Technology Business (2014-2019)
  • 12.8.5 QMC Instruments Recent Development
  • 12.9 Gentec Electro-Optics
  • 12.9.1 Gentec Electro-Optics Company Details
  • 12.9.2 Company Description and Business Overview
  • 12.9.3 Terahertz Technology Introduction
  • 12.9.4 Gentec Electro-Optics Revenue in Terahertz Technology Business (2014-2019)
  • 12.9.5 Gentec Electro-Optics Recent Development
  • 12.10 Terasense
  • 12.10.1 Terasense Company Details
  • 12.10.2 Company Description and Business Overview
  • 12.10.3 Terahertz Technology Introduction
  • 12.10.4 Terasense Revenue in Terahertz Technology Business (2014-2019)
  • 12.10.5 Terasense Recent Development
  • 12.11 Toptica Photonics
  • 12.12 Insight Product
  • 12.13 Advanced Photonix
  • 13 Market Forecast 2019-2025

    • 13.1 Market Size Forecast by Product (2019-2025)
    • 13.2 Market Size Forecast by Application (2019-2025)
    • 13.3 Market Size Forecast by Regions
    • 13.4 North America
    • 13.5 Europe
    • 13.6 China
    • 13.7 Japan
    • 13.8 Southeast Asia
    • 13.9 India
    • 13.10 Central & South America

    14 Analyst's Viewpoints/Conclusions

      15 Appendix

      • 15.1 Research Methodology
      • 15.1.1 Methodology/Research Approach
    • 15.1.1.1 Research Programs/Design
    • 15.1.1.2 Market Size Estimation
    • 15.1.1.3 Market Breakdown and Data Triangulation
    • 15.1.2 Data Source
    • 15.1.2.1 Secondary Sources
    • 15.1.2.2 Primary Sources
    • 15.2 Disclaimer
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