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Report
Terahertz Technologies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 138 Pages I IMARC Group
The global terahertz technologies market size reached US$ 548.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,032.2 Million by 2028, exhibiting a growth rate (CAGR) of 24.40% during 2022-2028.
Terahertz (THz) technologies are based on electromagnetic radiation, which lies in the spectrum between infrared radiation (IR) and microwaves. They can penetrate clothing, paper, wood, plastic, ceramics, cardboard, masonry, enclosures, and other opaque materials without causing any damage. They yield high-resolution images and help transfer vast amounts of data quickly. Moreover, their low-energy levels make them non-destructive, non-invasive, and intrinsically safe for humans, animals, and plants compared to X-rays and near-infrared radiation (NIR). As a result, they find extensive applications in the pharmaceutical industry wherein they are utilized to perform non-destructive, internal, chemical analysis of tablets, capsules, and other dosage forms.
Terahertz Technologies Market Trends:
Expanding applications of THz radiation in different sectors across the globe represents one of the major factors contributing to market growth. For instance, it is widely employed in the food and beverage (F&B) sector to conduct non-destructive analysis (NDT) of sealed packages. In addition, stringent regulations adopted by governments of several countries about public safety and product quality is influencing the market positively. Apart from this, the growing awareness about the advantages of early diagnosis is encouraging the adoption of THz tomography to screen tooth decay and cancer at early stages. It is also used to visualize wounds under gypsum or bandage layers. Moreover, due to the rising public security concerns, it is gaining traction at airports for remote screening of people and luggage. It also assists in building a new generation of high-frequency wireless telecommunication systems that allow high-speed information transmission between electronic devices. Furthermore, the increasing number of investments to create affordable, convenient, and compact THz technologies-based devices is anticipated to provide a favorable market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global terahertz technologies market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, component and end use industry.
Breakup by Type:
Terahertz Imaging Systems
Active System
Passive System
Terahertz Spectroscopy Systems
Time Domain
Frequency Domain
Terahertz Communication Systems
Breakup by Component:
Terahertz Sources
Terahertz Detectors
Breakup by End Use Industry:
Healthcare and Medical
Defense and Security
Telecommunications
Food and Agriculture
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advantest Corporation, Bakman Technologies LLC, Batop GmbH, Gentec Electro-Optics Inc., HUBNER GmbH & Co KG, Luna Innovations Inc., Menlo Systems GmbH, Teraprobes Inc, Terasense Group Inc., TeraView Limited and TOPTICA Photonics AG.
Key Questions Answered in This Report:
How has the global terahertz technologies market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global terahertz technologies market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the component?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global terahertz technologies market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Terahertz Technologies Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Terahertz Imaging Systems
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Active System
6.1.2.2 Passive System
6.1.3 Market Forecast
6.2 Terahertz Spectroscopy Systems
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Time Domain
6.2.2.2 Frequency Domain
6.2.3 Market Forecast
6.3 Terahertz Communication Systems
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Component
7.1 Terahertz Sources
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Terahertz Detectors
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Healthcare and Medical
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Defense and Security
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Telecommunications
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Food and Agriculture
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Advantest Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Bakman Technologies LLC
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Batop GmbH
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Gentec Electro-Optics Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 HUBNER GmbH & Co KG
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Luna Innovations Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Menlo Systems GmbH
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Teraprobes Inc
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Terasense Group Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 TeraView Limited
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 TOPTICA Photonics AG
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
Figure 1: Global: Terahertz Technologies Market: Major Drivers and Challenges
Figure 2: Global: Terahertz Technologies Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Terahertz Technologies Market: Breakup by Type (in %), 2022
Figure 5: Global: Terahertz Technologies Market: Breakup by Component (in %), 2022
Figure 6: Global: Terahertz Technologies Market: Breakup by End Use Industry (in %), 2022
Figure 7: Global: Terahertz Technologies Market: Breakup by Region (in %), 2022
Figure 8: Global: Terahertz Technologies (Terahertz Imaging Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Terahertz Technologies (Terahertz Imaging Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Terahertz Technologies (Terahertz Spectroscopy Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Terahertz Technologies (Terahertz Spectroscopy Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Terahertz Technologies (Terahertz Communication Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Terahertz Technologies (Terahertz Communication Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Terahertz Technologies (Terahertz Sources) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Terahertz Technologies (Terahertz Sources) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Terahertz Technologies (Terahertz Detectors) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Terahertz Technologies (Terahertz Detectors) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Terahertz Technologies (Healthcare and Medical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Terahertz Technologies (Healthcare and Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Terahertz Technologies (Defense and Security) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Terahertz Technologies (Defense and Security) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Terahertz Technologies (Telecommunications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Terahertz Technologies (Telecommunications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Terahertz Technologies (Food and Agriculture) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Terahertz Technologies (Food and Agriculture) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Terahertz Technologies (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Terahertz Technologies (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: North America: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: North America: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: United States: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: United States: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Canada: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Canada: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Asia-Pacific: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Asia-Pacific: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: China: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: China: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Japan: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Japan: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: India: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: India: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: South Korea: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: South Korea: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Australia: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Australia: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Indonesia: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Indonesia: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Others: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Others: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Europe: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Europe: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Germany: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Germany: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: France: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: France: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: United Kingdom: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: United Kingdom: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Italy: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Italy: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Spain: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Spain: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Russia: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Russia: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Latin America: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Latin America: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Brazil: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Brazil: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Mexico: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Mexico: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Middle East and Africa: Terahertz Technologies Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Middle East and Africa: Terahertz Technologies Market: Breakup by Country (in %), 2022
Figure 76: Middle East and Africa: Terahertz Technologies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Global: Terahertz Technologies Industry: SWOT Analysis
Figure 78: Global: Terahertz Technologies Industry: Value Chain Analysis
Figure 79: Global: Terahertz Technologies Industry: Porter's Five Forces Analysis
Table 1: Global: Terahertz Technologies Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Terahertz Technologies Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Terahertz Technologies Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 4: Global: Terahertz Technologies Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 5: Global: Terahertz Technologies Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Terahertz Technologies Market: Competitive Structure
Table 7: Global: Terahertz Technologies Market: Key Players
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