Please Wait.....
Report
Europe Terahertz Technology Market Forecast to 2030 - COVID-19 Impact and Regional Analysis - by Component (Terahertz Sources and Terahertz Detectors), Type (Terahertz Imaging Systems, Terahertz Spectroscopy Systems, and Terahertz Communication System), and Application (Medical & Healthcare, Defense & Security, Food & Agriculture, Industrial, Semiconductor, and Others)
Market Report I 2023-08-29 I 134 Pages I The Insight Partners
The Europe terahertz technology market is expected to grow from US$ 172.10 million in 2023 to US$ 901.05 million by 2030; it is estimated to grow at a CAGR of 26.7% from 2023 to 2030.
Expansion of the 6G technology
Terahertz waves have a much higher frequency than current wireless communication bands, which can support much higher data rates. Terahertz waves can support data rates of up to 100 Gbps, much faster than current wireless communication standards. Terahertz technology could be used in 5G and 6G telecommunications. In the UK, due to rising demand of high-speed networks, the manufacturer and the research organization are developing terahertz technology suitable for 6G connections. For instance, in April 2023, Keysight Technologies, Inc, in collaboration with the National Physical Laboratory (NPL) and the University of Surrey, made the first 6G connection at speeds greater than 100 gigabits per second (Gbps) over sub-terahertz (THz) frequencies. The 6G connection is used for future use cases such as AR (augmented reality) and autonomous vehicles. These future use cases have required a speed from 100 Gbps to 1 terabit per second (Tbps). Sub-THz frequencies are being explored to achieve the extremely high data rates and low latency required for these innovative use cases. Additionally, in March 2022, High-speed data communication and high-precision sensor technology open up new possibilities for future wireless services. Huawei 6G Research Team Developed and Demonstrated Integrated Sensing and Communication Using Terahertz (ISAC-THz) Prototype. Using wireless electromagnetic waves, the prototype can detect and generate images of trapped objects with millimeter resolution and communicate at extremely high speeds of 240 Gbit/s, opening up new service possibilities new for 6G systems.
Europe Terahertz Technology Market Overview
Europe includes developed economies, including the US, Canada, and Mexico. The technological advancements across Europe have created a highly competitive market. Europe witness several technological developments from economically robust countries. The regional companies are regularly enhancing the overall business processes to fulfill the customers' demand for high-quality products and services at its best. Europe is expected to be a strong player in the global economy, as the largest market for technology-based solutions, particularly in developing and implementing new technologies.
The demand for this technology is the largest in the region due to terahertz being a new technology and Europe being one of the earliest adopters. Increasing US helicopter and commercial aircraft production is also expected to drive the terahertz technology market in that region. The United States' huge aerospace industry exports over 60 percent of all aerospace manufacturing. Various research institutes in the region, such as the Jet Propulsion Laboratory, are also expected to contribute to market growth by working on the application and implementation of terahertz technology.
Europe Terahertz Technology Market Revenue and Forecast to 2030 (US$ Million)
Europe Terahertz Technology Market Segmentation
The Europe terahertz technology market is segmented based on component, type, application, and country. Based on component, the Europe terahertz technology market is bifurcated into terahertz sources and terahertz detectors. The terahertz detectors segment held a larger market share in 2023.
Based on type, the Europe terahertz technology market is segmented into terahertz imaging systems, terahertz spectroscopy systems, and terahertz communication system. The terahertz imaging systems segment held the largest market share in 2023.
Based on application, the Europe terahertz technology market is segmented into medical & healthcare, defense & security, food & agriculture, industrial, semiconductor, and others. The medical & healthcare segment held the largest market share in 2023.
Based on country, the Europe terahertz technology market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe terahertz technology market share in 2023.
Advanced Photonix Inc.; Advantest Corporation; HUBNER GmbH & Co. KG; Luna Innovations Inc.; Menlo Systems GmbH; NTT Electric Co.; Terasense Group Inc.; Teraview limited.; and Toptica Photonics AG are the leading companies operating in the Europe terahertz technology market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Terahertz Technology Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe - PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights
5. Europe Terahertz Technology Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand of Terahertz Technology from the Defense, Homeland Security, and Medical Sectors
5.1.2 Growing use of terahertz system in semiconductor industry
5.2 Market Restraints
5.2.1 Lack of Awareness and Unavailability of Skilled Professionals
5.3 Market Opportunities
5.3.1 Processing Applications of Terahertz Technology in the Food Industry
5.3.2 Expansion of the 6G technology
5.4 Future Trends
5.4.1 Use of Terahertz Technology for Satellite Communication
5.5 Impact Analysis of Drivers and Restraints
6. Terahertz Technology Market - Europe Analysis
6.1 Terahertz Technology Market Europe Overview
6.2 Terahertz Technology Market - Europe Revenue and Forecast to 2030 (US$ Million)
7. Europe Terahertz Technology Market Analysis - By Component
7.1 Overview
7.2 Terahertz Technology Market, By Component (2022 and 2030)
7.3 Terahertz Sources
7.3.1 Overview
7.3.2 Terahertz Sources: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
8. Europe Terahertz Technology Market - By Type
8.1 Overview
8.2 Terahertz Technology Market, by Type (2022 and 2030)
8.3 Terahertz Imaging Systems
8.3.1 Overview
8.3.2 Terahertz Imaging Systems: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Terahertz Communication Systems
8.4.1 Overview
8.4.2 Terahertz Communication Systems: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
9. Europe Terahertz Technology Market - By Application
9.1 Overview
9.2 Terahertz Technology Market, by Application (2022 and 2030)
9.3 Medical and Healthcare
9.3.1 Overview
9.3.2 Medical and Healthcare: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Defense and Security
9.4.1 Overview
9.4.2 Defense and Security: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
9.5 Food and Agriculture
9.5.1 Overview
9.5.2 Food and Agriculture: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
9.6 Industrial
9.6.1 Overview
9.6.2 Industrial: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
9.7 Semiconductor
9.7.1 Overview
9.7.2 Semiconductor: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
9.8 Other Applications
9.8.1 Overview
9.8.2 Other Applications: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
10. Europe Terahertz Technology Market - by Country Analysis
10.1 Europe: Terahertz Technology Market
10.1.1 Europe: Terahertz Technology Market- by Key Country
10.1.1.1 Germany: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.1.1 Germany: Terahertz Technology Market- by Component
10.1.1.1.2 Germany: Terahertz Technology Market- By Type
10.1.1.1.3 Germany: Terahertz Technology Market- By Application
10.1.1.2 France: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 France: Terahertz Technology Market- by Component
10.1.1.2.2 France: Terahertz Technology Market- By Type
10.1.1.2.3 France: Terahertz Technology Market- By Application
10.1.1.3 Italy: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 Italy: Terahertz Technology Market- by Component
10.1.1.3.2 Italy: Terahertz Technology Market- By Type
10.1.1.3.3 Italy: Terahertz Technology Market- By Application
10.1.1.4 UK: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 UK: Terahertz Technology Market- by Component
10.1.1.4.2 UK: Terahertz Technology Market- By Type
10.1.1.4.3 UK: Terahertz Technology Market- By Application
10.1.1.5 Russia: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.5.1 Russia: Terahertz Technology Market- by Component
10.1.1.5.2 Russia: Terahertz Technology Market- By Type
10.1.1.5.3 Russia: Terahertz Technology Market- By Application
10.1.1.6 Rest of Europe: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.6.1 Rest of Europe: Terahertz Technology Market- by Component
10.1.1.6.2 Rest of Europe: Terahertz Technology Market- By Type
10.1.1.6.3 Rest of Europe: Terahertz Technology Market- By Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Terasense Group Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 TeraView Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Advantest Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Toptica Photonics AG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Luna Innovations Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 HUBNER GmbH & Co KG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Menlo Systems GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Advanced Photonix Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 NTT Electronics Corp
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe Terahertz Technology Market - Revenue, and Forecast to 2030 (US$ Million)
Table 2. Europe: Terahertz Technology Market- By Key Country - Revenue and Forecast to 2030 (US$ Million)
Table 3. Germany: Terahertz Technology Market- by Component -Revenue and Forecast to 2030 (US$ Million)
Table 4. Germany: Terahertz Technology Market- By Type -Revenue and Forecast to 2030 (US$ Million)
Table 5. Germany: Terahertz Technology Market- By Application -Revenue and Forecast to 2030 (US$ Million)
Table 6. France: Terahertz Technology Market- by Component -Revenue and Forecast to 2030 (US$ Million)
Table 7. France: Terahertz Technology Market- By Type -Revenue and Forecast to 2030 (US$ Million)
Table 8. France: Terahertz Technology Market- By Application -Revenue and Forecast to 2030 (US$ Million)
Table 9. Italy: Terahertz Technology Market- by Component -Revenue and Forecast to 2030 (US$ Million)
Table 10. Italy: Terahertz Technology Market- By Type -Revenue and Forecast to 2030 (US$ Million)
Table 11. Italy: Terahertz Technology Market- By Application -Revenue and Forecast to 2030 (US$ Million)
Table 12. UK: Terahertz Technology Market- by Component -Revenue and Forecast to 2030 (US$ Million)
Table 13. UK: Terahertz Technology Market- By Type -Revenue and Forecast to 2030 (US$ Million)
Table 14. UK: Terahertz Technology Market- By Application -Revenue and Forecast to 2030 (US$ Million)
Table 15. Russia: Terahertz Technology Market- by Component -Revenue and Forecast to 2030 (US$ Million)
Table 16. Russia: Terahertz Technology Market- By Type -Revenue and Forecast to 2030 (US$ Million)
Table 17. Russia: Terahertz Technology Market- By Application -Revenue and Forecast to 2030 (US$ Million)
Table 18. Rest of Europe: Terahertz Technology Market- by Component -Revenue and Forecast to 2030 (US$ Million)
Table 19. Rest of Europe: Terahertz Technology Market- By Type -Revenue and Forecast to 2030 (US$ Million)
Table 20. Rest of Europe: Terahertz Technology Market- By Application -Revenue and Forecast to 2030 (US$ Million)
Table 21. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Terahertz Technology Market Segmentation
Figure 2. Europe Terahertz Technology Market Segmentation - By Country
Figure 3. Europe Terahertz Technology Market Overview
Figure 4. Terahertz Detectors Segment Held the Largest Market Share in 2022
Figure 5. Terahertz Imaging Systems Segment Held the Largest Market Share in 2022
Figure 6. Medical and Healthcare Segment Held the Largest Market Share in 2022
Figure 7. Rest of Europe was the Largest Revenue Contributor in 2022
Figure 8. Europe - PEST Analysis
Figure 9. Europe Terahertz Technology Market- Ecosystem Analysis
Figure 10. Europe Expert Opinion
Figure 11. Europe Terahertz Technology Market Impact Analysis of Drivers and Restraints
Figure 12. Europe Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Europe Terahertz Technology Market Revenue Share, by Component (2022 and 2030)
Figure 14. Terahertz Detectors: Europe Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 15. Europe Terahertz Technology Market Revenue Share, by Type (2022 and 2030)
Figure 16. Terahertz Spectroscopy Systems: Europe Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Terahertz Communication Systems: Europe Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 18. Europe Terahertz Technology Market Revenue Share, by Application (2022 and 2030)
Figure 19. Medical and Healthcare: Europe Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Defense and Security: Europe Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. Food and Agriculture: Europe Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Industrial: Europe Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. Semiconductor: Europe Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. Other Applications: Europe Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 25. Europe: Terahertz Technology Market, By Key Country - Revenue (2022) (US$ Million)
Figure 26. Europe: Terahertz Technology Market Revenue Share, By Key Country (2022 and 2030)
Figure 27. Germany: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 28. France: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 29. Italy: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 30. UK: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 31. Russia: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
Figure 32. Rest of Europe: Terahertz Technology Market - Revenue and Forecast to 2030 (US$ Million)
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security