Terahertz Technology Market Size, Share, Statistics and Industry Growth Analysis Report by Type (Terahertz Imaging, Terahertz Spectroscopy, Terahertz Communication Systems), Application (Laboratory Research, Medical & Healthcare, Satellite Communication), and Geography - Global Forecast to 2027
Updated on : March 03, 2023
The Terahertz Technology Market Size was valued at USD 0.6 billion in 2022 and is projected to reach USD 1.2 billion by 2027, registering a CAGR of 14.7% during the forecast period.
The adoption of terahertz systems in the semiconductor industry are among the factors driving the growth of the Terahertz Technology Industry.
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Market Dynamics:
Driver: Rise in demand for compact and energy efficient transceiver
The manufacturers of optical transceivers are concentrating more on R&D for serving different applications in the metro network, data center interconnect, long haul applications, and others, which require optical transceivers to be compatible with the complex network. Optical transceiver OEMs such as Fujitsu Optical Components (Japan) and Broadcom (US) are companies offering transceivers that are compact and consume little power. This trend is expected to increase the market growth of small and compact optical modules due to their high range of data connectivity at a faster speed. Hence, it can be said that, due to the reduced package size, accelerated deployment in the datacom and telecom applications and dependency on the already decided standards (IEEE), the strategy of cost leadership and continuous development of smaller and more energy-efficient modules provide large growth potential for the optical transceiver in optical communication and networking equipment market
Restraint: Increased network complexity
The existence of multiple protocols and platforms and consistent requirements for compact networks have resulted in the growing use of connectivity ICs. Also, hardware and software both play a key role in emerging technology-based products, such as the Internet of Things (IoT) devices, which are deployed in optical communication networks. However, the use of ICs and IoT devices makes the network more complex. Similarly, for network monitoring and control, drop modules, variable optical attenuators, and tap power monitors are required to be fixed in a single compact unit. In addition, the increasing connectivity speed and a growing number of high-bandwidth connections over fixed and wireless networks have also resulted in increased complexity of the network. All these factors are generating need for more compact form factors to enable compatibility and increase space inside the network. Current network infrastructure is fragmented, focused more on domain-specific growth than consumer-centric joint approach. The companies need to adopt more innovative and network-oriented approach to minimize the network complexity, which acts as a restraining factor for the growth of the optical communication and networking equipment market.
Opportunity: Expansion of telecom infrastructure in developing economies
The expansion of telecommunication infrastructure will have a substantial effect on developing countries in a positive way. With the advent of IoT, AI, and Big Data, there is an increasing demand for smart devices and other connected applications. The interconnected technologies across telecommunication sectors play an important role in capturing, translating, and transferring data into meaningful information, which is crucial for the reinforcement of urban infrastructure. The backbone for this kind of infrastructural development is a high-speed fiber optics network, which can transfer enormous amounts of data, at high speed, from one end to another. The implementation of the 5G network and 6G network requires high-bandwidth oriented fiber optical cables integrated with optical transceivers for secured and reliable data transfers. Therefore, the expansion of optical communication infrastructure across developing nations will drive the optical communication and networking equipment market in the future.
Challenge: Vulnerability of optical networks to hacking
Fiber optic technology-based storage and communication systems were deemed to be safer than the conventional copper cable-based systems as hacking into data within a fiber optic-based system required extremely sophisticated technology, which used to be only available to government agencies. However, in recent times, inexpensive hardware and software have started emerging. Hardware equipment such as optical/electrical converters transfer the converted signal via the Ethernet connection. Moreover, hacking is possible using sniffer software. With the advancement in technology, fiber hack is becoming commonplace, and the belief that the fiber-optic cable networks are secure is proving to be wrong. With these technologies, data theft is becoming easily possible for hackers, and it is not even getting detected. Fiber hack has been a major challenge for the optical network community and might lead to serious ramifications if not checked at the right time.
By Type, terahertz imaging segment held the largest share of Terahertz Technology Market in 2021
In 2021, terahertz imaging segment accounted for the largest share of the Terahertz Technology Market. Terahertz imaging is a scanning technique that uses extremely high-frequency waves to penetrate dense surfaces. They can pass through clothing, paper, cardboard, wood, masonry, plastics, and ceramics and penetrate fog and clouds. Due to this, terahertz imaging is increasingly being used in application areas such as medical & healthcare.
Terahertz communication systems segment is expected to grow with the highest CAGR during the forecast period.
Satellite communications surge the demand for terahertz communications systems, and the market players are highly focusing on their organic growth to strengthen their terahertz communication portfolio. For instance, in September 2021, ADVANTEST CORPORATION launched a high-frequency resolution option for its TAS7400TS terahertz optical sampling analysis system. The system enables materials characterization for beyond 5G/6G next-generation communications technology and millimeter-wave radar technology. Therefore, these factors are expected to create lucrative opportunities for the growth of terahertz communication system manufacturers in the near future.
In 2027, Asia Pacific is projected to hold the largest share of the overall Terahertz Technology Market
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The Terahertz Technology Market in Asia Pacific is expected to grow at the highest CAGR ~16.6% during the forecast period, while China in the Asia Pacific region accounted for the largest share of the Terahertz Technology Market in 2021; a similar trend is seen during the forecast period. This growth can be attributed to the expansion of the Chinese economy, as China plans to modernize its economic infrastructure and increase the number of industries. Along with this, Chinese scientists are focusing on developing new technologies based on terahertz technology. For instance, in January 2022, Chinese scientists developed 6G technology for hypersonic weapons communication and tracking to solve the blackout problems that occur at five times the speed of sound or faster. The laser device can generate continuous electromagnetic waves in the terahertz band that could be used for next-generation communications.
Key Market Players
ADVANTEST CORPORATION (Japan), Luna Innovations (US), TeraView Limited. (UK), TOPTICA Photonics AG (Germany), HÜBNER GmbH & Co. KG (Germany), Menlo Systems (Germany), Terasense Group Inc. (US), Gentec Electro-Optics (Canada), QMC Instruments Ltd. (UK), and TeraVil Ltd. (Lithuania) are some of the key players in the Terahertz Technology Companies.
Terahertz Technology Market Report Scope:
|
Report Metric |
Details |
| Estimated Market Size | USD 0.6 Billion |
| Projected Market Size | USD 1.2 Billion |
| Growth Rate | CAGR of 14.7% |
|
Market size available for years |
2022–2027 |
|
On Demand Data Available |
2030 |
|
Report Coverage |
|
|
Segments covered |
|
|
Geographies covered |
|
|
Companies covered |
|
| Key Market Driver | Rise in demand for compact and energy efficient transceiver |
| Largest Growing Region | Asia Pacific (APAC) |
| Largest Market Share Segment | Terahertz Imaging Segment |
| Highest CAGR Segment | Terahertz Communication Systems Segment |
This research report categorizes the Terahertz Technology Market Share based on type, application, and region
Terahertz Technology Market:
Based on Type, the Terahertz Technology Market been Segmented as follows:
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Terahertz Imaging
- Active Terahertz Imaging Systems
- Passive Terahertz Imaging Systems
-
Terahertz Spectroscopy
- Terahertz Time Domain Spectroscopy
- Terahertz Frequency Domain Spectroscopy
-
Terahertz Communication Systems
- Antennas
- Emitters
- Modulators
Based on Application, the Terahertz Technology Market been Segmented as follows:
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Terahertz Imaging & Spectroscopy Applications
-
Laboratory Research
- Material Characterization
- Biochemistry
- Plasma Diagnostics
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Medical & Healthcare
- Oncology
- Dentistry
- Dermatology
- Tomography
-
Military and Homeland Security
- Passenger Screening
- Landmine and Improvised Explosive Device Detection
-
Industrial Non-Destructive Testing (NDT)
- Aerospace
- Semiconductor and Electronics
- Pharmaceutical
-
Laboratory Research
-
Terahertz Communication System Applications
- Satellite Communication
- Tactical/Military Communication
- Outdoor/Indoor Wireless Communication
Based on Region, the Terahertz Technology Market been Segmented as follows:
-
North America
- US
- Canada
- Mexico
-
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
-
APAC
- China
- Japan
- India
- South Korea
- Rest of APAC
-
Rest of the world
- South America
- Middle East & Africa
Recent Developments
- In February 2022, Menlo Systems launched YLMO Mid-IR — YLMO Mid-IR is a compact, powerful, and tunable mid-IR fiber laser for broadband spectroscopy applications as well as time-resolved measurements. The device offers broadband spectroscopy applications and time-resolved measurements.
- In November 2021, ADVANTEST CORPORATION acquired R&D Altanova, Inc., a supplier of consumable test interface boards, substrates, and interconnects for high-end applications. With this acquisition, R&D Altanova's engineering and manufacturing capabilities, customer base, and first-rate technical team will support the expansion of ADVANTEST’s semiconductor test equipment business.
- In October 2021, HÜBNER Photonics acquired VALO Innovations GmbH, a developer and manufacturer of ultrafast fiber laser systems. VALO Innovations' proprietary fiber laser technology provides short pulse performance for bioimaging, spectroscopy, and micro-machining applications. With this acquisition, HÜBNER will strengthen its product portfolio.
- In October 2021, Menlo Systems announced the opening of a subsidiary in China, Shanghai Menlo Systems Quantum Laser Technology Co., Ltd. This expansion is expected to strengthen the company’s position in the photonics market in China.
- In July 2021, ADVANTEST CORPORATION rebranded its subsidiary in India, w2bi Mobile Technologies Pvt. Ltd. (WMTI), to Advantest India Private Limited (AIN), a wholly owned subsidiary of Advantest America, Inc. under the corporate mantle. The name change will allow ADVANTEST to promote its brand and naming convention across subsidiaries and across the world.
Frequently Asked Questions (FAQ):
Which are the major companies in the terahertz technology market? What are their major strategies to strengthen their market presence?
The major companies in the terahertz technology market are – ADVANTEST CORPORATION (Japan), Luna Innovations (US), TeraView Limited. (UK), TOPTICA Photonics AG (Germany), HÜBNER GmbH & Co. KG (Germany), Menlo Systems (Germany), Terasense Group Inc. (US), Gentec Electro-Optics (Canada), QMC Instruments Ltd. (UK), and TeraVil Ltd. (Lithuania) are some of the key players in the terahertz technology market. The major strategies adopted by these players are product launches and developments, collaborations, expansions, and agreements.
Which is the potential market for terahertz technology in terms of the region?
APAC region is expected to dominate the terahertz technology market due to the presence of numerous terahertz technology manufacturing companies.
Who are the winners in the global terahertz technology market?
Companies such as ADVANTEST CORPORATION (Japan), Luna Innovations (US), TeraView Limited. (UK), TOPTICA Photonics AG (Germany), HÜBNER GmbH & Co. KG (Germany) fall under the winners category. These companies cater to the requirements of their customers by providing technological advanced terahertz technology-based products. Moreover, these companies are highly adopting inorganic and organic growth strategies to strengthen their market position and customer base worldwide. Such advantages give these companies an edge over other terahertz technology ecosystem player.
What are the drivers and opportunities for the terahertz technology market?
Factors such as stringent government regulations for public safety and homeland security are among the driving factors of the terahertz technology market. Moreover, growing focus of market players on filing patents and spending more on R&D activities to create lucrative opportunities in the terahertz technology market.
Who are the major applications of terahertz technology that are expected to drive the growth of the market in the next 5 years?
The major application for terahertz technology are laboratory research, medical& healthcare, and satellite communication are expected to have a significant share in this market. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 34)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 TERAHERTZ TECHNOLOGY MARKET SEGMENTATION
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 39)
2.1 RESEARCH DATA
FIGURE 2 TERAHERTZ TECHNOLOGY MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primaries
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.2 FACTOR ANALYSIS
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 – TOP-DOWN (SUPPLY SIDE): REVENUES GENERATED BY COMPANIES FROM SALES OF TERAHERTZ TECHNOLOGY
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 – TOP-DOWN (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATIONS FOR ONE COMPANY IN TERAHERTZ TECHNOLOGY MARKET
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – BOTTOM-UP (DEMAND SIDE): DEMAND FOR TERAHERTZ TECHNOLOGY IN DIFFERENT REGIONS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Approach for obtaining market share using bottom-up analysis (demand side)
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Approach for obtaining market share using top-down analysis (supply side)
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS
2.5.1 ASSUMPTIONS
2.5.2 LIMITATIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY (Page No. - 51)
3.1 REALISTIC SCENARIO
3.2 OPTIMISTIC SCENARIO
3.3 PESSIMISTIC SCENARIO
FIGURE 9 GROWTH PROJECTIONS OF TERAHERTZ TECHNOLOGY MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS
FIGURE 10 TERAHERTZ IMAGING SEGMENT TO HOLD LARGEST SHARE OF MARKET BY 2027
FIGURE 11 SATELLITE COMMUNICATIONS APPLICATION TO WITNESS LARGEST SHARE OF MARKET FOR TERAHERTZ COMMUNICATION SYSTEMS DURING FORECAST PERIOD
FIGURE 12 LABORATORY RESEARCH SEGMENT OF TERAHERTZ IMAGING AND SPECTROSCOPY APPLICATIONS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 13 NORTH AMERICA TO LEAD MARKET FROM 2022 TO 2027
4 PREMIUM INSIGHTS (Page No. - 56)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN TERAHERTZ TECHNOLOGY MARKET
FIGURE 14 GROWING ADOPTION OF TERAHERTZ SYSTEMS IN SEMICONDUCTOR INDUSTRY TO FUEL GROWTH OF MARKET DURING FORECAST PERIOD
4.2 TERAHERTZ TECHNOLOGY MARKET, BY TYPE
FIGURE 15 TERAHERTZ IMAGING SEGMENT TO HOLD LARGEST SHARE OF MARKET FROM 2022 TO 2027
4.3 TERAHERTZ TECHNOLOGY MARKET, BY TERAHERTZ COMMUNICATION SYSTEMS
FIGURE 16 SATELLITE COMMUNICATIONS TO WITNESS LARGEST SHARE OF MARKET FOR TERAHERTZ COMMUNICATIONS SYSTEMS BY 2022
4.4 TERAHERTZ TECHNOLOGY MARKET, BY REGION
FIGURE 17 NORTH AMERICA TO HOLD LARGEST SHARE OF MARKET IN 2027
4.5 TERAHERTZ TECHNOLOGY MARKET, BY COUNTRY
FIGURE 18 INDIA TO RECORD HIGHEST CAGR IN OVERALL MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 59)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 TERAHERTZ TECHNOLOGY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Stringent government regulations for public safety and homeland security
5.2.1.2 Rising demand for terahertz technology in medical sector
5.2.1.3 Growing adoption of terahertz systems in semiconductor industry
FIGURE 20 SEMICONDUCTOR INDUSTRY GROWTH, 2017–2022
FIGURE 21 MARKET DRIVERS AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 Unavailability of skilled personnel
FIGURE 22 MARKET RESTRAINTS AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing demand for 6G communication
5.2.3.2 Technological advancements in NDT and inspection techniques
FIGURE 23 MARKET OPPORTUNITIES AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Limited manufacturing activities and supply chain disruptions caused by COVID-19
5.2.4.2 Reluctance to adopt new and high-cost terahertz technology
FIGURE 24 MARKET CHALLENGES AND THEIR IMPACT
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 25 SUPPLY CHAIN OF MARKET
5.4 TRENDS/DISRUPTIONS IMPACTING BUSINESSES OF MARKET PLAYERS AND RAW MATERIAL SUPPLIERS
5.4.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN MARKET
FIGURE 26 REVENUE SHIFT IN MARKET
5.5 TERAHERTZ TECHNOLOGY ECOSYSTEM
FIGURE 27 ECOSYSTEM OF TERAHERTZ TECHNOLOGY
TABLE 1 LIST OF TERAHERTZ TECHNOLOGY MANUFACTURERS AND SUPPLIERS
5.6 TECHNOLOGY ANALYSIS
5.6.1 COMPLEMENTARY TECHNOLOGY
5.6.1.1 Infrared technology
5.6.1.2 Cooled IR imaging
5.6.1.3 Uncooled IR imaging
5.7 PORTER’S FIVE FORCES ANALYSIS
TABLE 2 TERAHERTZ TECHNOLOGY MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 28 PORTER’S FIVE FORCES ANALYSIS
5.7.1 THREAT OF NEW ENTRANTS
5.7.2 THREAT OF SUBSTITUTES
5.7.3 BARGAINING POWER OF SUPPLIERS
5.7.4 BARGAINING POWER OF BUYERS
5.7.5 INTENSITY OF COMPETITIVE RIVALRY
5.8 KEY STAKEHOLDERS & BUYING CRITERIA
5.8.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 29 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 3 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
5.8.2 BUYING CRITERIA
FIGURE 30 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 4 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
5.9 CASE STUDY
5.9.1 SCALING UP NEW MAIL SECURITY PROGRAM
5.9.2 QUANTITATIVE ANALYSIS OF WATER CONTENT AND DISTRIBUTION IN PLANTS USING TERAHERTZ IMAGING.
5.9.3 HIGH-RESOLUTION, REAL-TIME TERAHERTZ IMAGING WITH TERACASCADE 1000
5.10 AVERAGE SELLING PRICE ANALYSIS
5.10.1 AVERAGE SELLING PRICES OF KEY PLAYERS FOR TERAHERTZ TECHNOLOGY, BY TYPE
TABLE 5 AVERAGE SELLING PRICES OF KEY PLAYERS FOR TERAHERTZ TECHNOLOGY, BY TYPE (USD)
5.10.2 AVERAGE SELLING PRICE TREND
TABLE 6 AVERAGE SELLING PRICES OF TERAHERTZ TECHNOLOGY, BY TYPE (USD)
FIGURE 31 AVERAGE PRICE: TERAHERTZ TECHNOLOGY MARKET, BY TYPE
5.11 TRADE ANALYSIS
5.11.1 IMPORT SCENARIO
TABLE 7 IMPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION)
5.11.2 EXPORT SCENARIO
TABLE 8 EXPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION)
5.12 PATENT ANALYSIS, 2012–2022
FIGURE 32 NUMBER OF PATENTS GRANTED FOR MARKET, 2012–2021
FIGURE 33 REGIONAL ANALYSIS OF PATENTS GRANTED FOR MARKET, 2021
TABLE 9 LIST OF FEW PATENTS IN MARKET, 2020–2021
5.13 KEY CONFERENCES & EVENTS, 2022–2023
TABLE 10 MARKET: DETAILED LIST OF CONFERENCES & EVENTS
5.14 TARIFFS AND REGULATIONS
TABLE 11 CODES AND STANDARDS RELATED TO TERAHERTZ TECHNOLOGY
6 TERAHERTZ TECHNOLOGY MARKET, BY TYPE (Page No. - 86)
6.1 INTRODUCTION
FIGURE 34 MARKET, BY TYPE
FIGURE 35 TERAHERTZ COMMUNICATION SYSTEMS TO RECORD HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
TABLE 12 MARKET, 2018–2021
TABLE 13 MARKET, 2022–2027
TABLE 14 MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 15 MARKET, BY TYPE, 2022–2027 (USD MILLION)
6.2 TERAHERTZ IMAGING
6.2.1 TERAHERTZ IMAGING USES EXTREMELY HIGH-FREQUENCY WAVES TO PENETRATE DENSE SURFACES
6.2.1.1 Active terahertz imaging systems
6.2.1.2 Passive terahertz imaging systems
6.3 TERAHERTZ SPECTROSCOPY
6.3.1 TERAHERTZ SPECTROSCOPY IS NON-DESTRUCTIVE, NON-CONTACT, AND NON-INVASIVE TECHNOLOGY
6.3.1.1 Terahertz time-domain spectroscopy
6.3.1.2 Terahertz frequency-domain spectroscopy
6.4 TERAHERTZ COMMUNICATION SYSTEMS
6.4.1 TERAHERTZ COMMUNICATION IS ENVISIONED AS KEY WIRELESS TECHNOLOGY
6.4.1.1 Antennas
6.4.1.2 Emitters
6.4.1.3 Modulators
7 TERAHERTZ TECHNOLOGY, BY APPLICATION (Page No. - 94)
7.1 INTRODUCTION
FIGURE 36 TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION
7.2 TERAHERTZ IMAGING & SPECTROSCOPY APPLICATIONS
FIGURE 37 LABORATORY RESEARCH TO WITNESS HIGHEST CAGR IN TERAHERTZ TECHNOLOGY IMAGING AND SPECTROSCOPY MARKET DURING FORECAST PERIOD
TABLE 16 TERAHERTZ TECHNOLOGY IMAGING AND SPECTROSCOPY MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 17 TERAHERTZ TECHNOLOGY IMAGING AND SPECTROSCOPY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
7.2.1 LABORATORY RESEARCH
7.2.1.1 Terahertz technology is useful in experiments conducted for variety of purposes
7.2.1.2 Material characterization
7.2.1.3 Biochemistry
7.2.1.4 Plasma diagnostics
TABLE 18 LABORATORY RESEARCH: TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 19 LABORATORY RESEARCH: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 20 LABORATORY RESEARCH IN NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 21 LABORATORY RESEARCH IN NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 22 LABORATORY RESEARCH IN EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 23 LABORATORY RESEARCH IN EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 24 LABORATORY RESEARCH IN ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 25 LABORATORY RESEARCH IN ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 26 LABORATORY RESEARCH IN ROW: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 27 LABORATORY RESEARCH IN ROW: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.2.2 MEDICAL & HEALTHCARE
7.2.2.1 Unique features make terahertz imaging attractive for medical applications
7.2.2.2 Oncology
7.2.2.3 Dentistry
7.2.2.4 Dermatology
7.2.2.5 Tomography
TABLE 28 MEDICAL & HEALTHCARE: TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 29 MEDICAL & HEALTHCARE: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 30 MEDICAL & HEALTHCARE APPLICATIONS IN NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 31 MEDICAL & HEALTHCARE APPLICATIONS IN NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 32 MEDICAL & HEALTHCARE APPLICATIONS IN EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 33 MEDICAL & HEALTHCARE APPLICATIONS IN EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 34 MEDICAL & HEALTHCARE APPLICATIONS IN ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 35 MEDICAL & HEALTHCARE APPLICATIONS IN ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 36 MEDICAL & HEALTHCARE APPLICATIONS IN ROW: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 37 MEDICAL & HEALTHCARE APPLICATIONS IN ROW: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.2.3 MILITARY & HOMELAND SECURITY
7.2.3.1 Terahertz waves find applications in airport passenger and baggage screening
7.2.3.2 Passenger screening
7.2.3.3 Landmine and improvised explosive device detection
TABLE 38 MILITARY & HOMELAND SECURITY: TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 39 MILITARY & HOMELAND SECURITY: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 40 MILITARY & HOMELAND SECURITY IN NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 41 MILITARY & HOMELAND SECURITY IN NORTH AMERICA: TERAHERTZ TECHNOLOGY, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 42 MILITARY & HOMELAND SECURITY IN EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 43 MILITARY & HOMELAND SECURITY IN EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 44 MILITARY & HOMELAND SECURITY IN ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 45 MILITARY & HOMELAND SECURITY IN ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 46 MILITARY & HOMELAND SECURITY IN ROW: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 47 MILITARY & HOMELAND SECURITY IN ROW: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.2.4 INDUSTRIAL NON-DESTRUCTIVE TESTING (NDT)
7.2.4.1 Imaging and spectroscopic capabilities of terahertz technology make it suitable for investigating material integrity
7.2.4.2 Aerospace
7.2.4.3 Semiconductor and electronics
7.2.4.4 Pharmaceuticals
TABLE 48 INDUSTRIAL NDT: TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 49 INDUSTRIAL NDT: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 50 INDUSTRIAL NDT IN NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 51 INDUSTRIAL NDT IN NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 52 INDUSTRIAL NDT IN EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 53 INDUSTRIAL NDT IN EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 54 INDUSTRIAL NDT IN ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 55 INDUSTRIAL NDT IN ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 56 INDUSTRIAL NDT IN ROW: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 57 INDUSTRIAL NDT IN ROW: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.3 TERAHERTZ COMMUNICATION SYSTEM APPLICATIONS
FIGURE 38 SATELLITE COMMUNICATIONS TO WITNESS HIGHEST CAGR IN TERAHERTZ TECHNOLOGY MARKET DURING FORECAST PERIOD
TABLE 58 TERAHERTZ TECHNOLOGY COMMUNICATION SYSTEMS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 59 TERAHERTZ TECHNOLOGY COMMUNICATION SYSTEMS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
7.3.1 SATELLITE COMMUNICATIONS
7.3.1.1 Use of terahertz technology facilitates users with larger bandwidth
TABLE 60 SATELLITE COMMUNICATIONS: TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 61 SATELLITE COMMUNICATIONS: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 62 SATELLITE COMMUNICATIONS IN NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 63 SATELLITE COMMUNICATIONS IN NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 64 SATELLITE COMMUNICATIONS IN EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 65 SATELLITE COMMUNICATIONS IN EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 66 SATELLITE COMMUNICATIONS IN ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 67 SATELLITE COMMUNICATIONS IN ASIA PACIFIC: TERAHERTZ TECHNOLOGY, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 68 SATELLITE COMMUNICATIONS IN ROW: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 69 SATELLITE COMMUNICATIONS IN ROW: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.3.2 TACTICAL/MILITARY COMMUNICATIONS
7.3.2.1 Terahertz properties such as high frequency and short wavelength are suitable for military communication applications
TABLE 70 TACTICAL/MILITARY COMMUNICATIONS: TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 71 TACTICAL/MILITARY COMMUNICATIONS: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 72 TACTICAL/MILITARY COMMUNICATIONS IN NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 73 TACTICAL/MILITARY COMMUNICATIONS IN NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 74 TACTICAL/MILITARY COMMUNICATIONS IN EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 75 TACTICAL/MILITARY COMMUNICATIONS IN EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 76 TACTICAL/MILITARY COMMUNICATIONS IN ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 77 TACTICAL/MILITARY COMMUNICATIONS IN ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 78 TACTICAL/MILITARY COMMUNICATIONS IN ROW: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 79 TACTICAL/MILITARY COMMUNICATIONS IN ROW: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.3.3 OUTDOOR/INDOOR WIRELESS COMMUNICATIONS
7.3.3.1 Terahertz waves can be used for short-distance outdoor/indoor wireless communication applications
TABLE 80 OUTDOOR/INDOOR WIRELESS COMMUNICATIONS: TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 81 OUTDOOR/INDOOR WIRELESS COMMUNICATIONS: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 82 OUTDOOR/INDOOR WIRELESS COMMUNICATIONS IN NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 83 OUTDOOR/INDOOR WIRELESS COMMUNICATIONS IN NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 84 OUTDOOR/INDOOR WIRELESS COMMUNICATIONS IN EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 85 OUTDOOR/INDOOR WIRELESS COMMUNICATIONS IN EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 86 OUTDOOR/INDOOR WIRELESS COMMUNICATIONS IN ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 87 OUTDOOR/INDOOR WIRELESS COMMUNICATIONS IN ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 88 OUTDOOR/INDOOR WIRELESS COMMUNICATIONS IN ROW: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 89 OUTDOOR/INDOOR WIRELESS COMMUNICATIONS IN ROW: MARKET, BY REGION, 2022–2027 (USD MILLION)
8 TERAHERTZ TECHNOLOGY: SOURCES AND DETECTORS (Page No. - 127)
8.1 INTRODUCTION
8.2 THZ SOURCES
8.2.1 QUANTUM-CASCADE LASER (QCL)
FIGURE 39 STATE TRANSITION OF ELECTRON IN CONVENTIONAL SEMICONDUCTOR LASERS
FIGURE 40 QUANTUM-CASCADE ELECTRON TRANSITION STRUCTURE
8.2.2 FREQUENCY MULTIPLIER
8.2.3 GLOBAR
8.2.4 PHOTOCONDUCTIVE ANTENNA (PCA)
FIGURE 41 WORKING PRINCIPLE OF PHOTOCONDUCTIVE ANTENNA (PCA)
8.2.5 STIMULATED TERAHERTZ AMPLIFIED RADIATION (STAR)
8.3 DETECTORS
8.3.1 SCHOTTKY DIODE
8.3.2 HIGH ELECTRON MOBILI TY TRANSISTOR (HEMT)
8.3.3 NANOWIRE
8.3.4 PYROELECTRIC DETECTOR
8.3.5 GOLAY CELL
FIGURE 42 GOLAY CELL CONSTRUCTION
8.3.6 BOLOMETER AND SUPERCONDUCTIVE HOT-SPOT AIR-BRIDGE BOLOMETER (SHAB)
9 GEOGRAPHIC ANALYSIS (Page No. - 134)
9.1 INTRODUCTION
FIGURE 43 REGIONAL SPLIT OF TERAHERTZ TECHNOLOGY MARKET
FIGURE 44 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 90 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 91 MARKET, BY REGION, 2022–2027 (USD MILLION)
9.2 NORTH AMERICA
FIGURE 45 NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET SNAPSHOT
TABLE 92 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 93 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
FIGURE 46 LABORATORY RESEARCH TO LEAD MARKET FOR IMAGING AND SPECTROSCOPY IN NORTH AMERICA DURING FORECAST PERIOD
TABLE 94 IMAGING AND SPECTROSCOPY IN NORTH AMERICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 95 IMAGING AND SPECTROSCOPY IN NORTH AMERICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 96 COMMUNICATION SYSTEMS IN NORTH AMERICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 97 COMMUNICATION SYSTEMS IN NORTH AMERICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.2.1 US
9.2.1.1 US is home to many global terahertz technology manufacturers
TABLE 98 IMAGING AND SPECTROSCOPY IN US: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 99 IMAGING AND SPECTROSCOPY IN US: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 100 COMMUNICATION SYSTEMS IN US: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 101 COMMUNICATION SYSTEMS IN US: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.2.2 CANADA
9.2.2.1 Provides higher contrast in clinical diagnostics
TABLE 102 IMAGING AND SPECTROSCOPY IN CANADA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 103 IMAGING AND SPECTROSCOPY IN CANADA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 104 COMMUNICATION SYSTEMS IN CANADA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 105 COMMUNICATION SYSTEMS IN CANADA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.2.3 MEXICO
9.2.3.1 Terahertz technology can be used for excavation and restoration purposes
TABLE 106 IMAGING AND SPECTROSCOPY IN MEXICO: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 107 IMAGING AND SPECTROSCOPY IN MEXICO: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 108 COMMUNICATION SYSTEMS IN MEXICO: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 109 COMMUNICATION SYSTEMS IN MEXICO: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.3 EUROPE
FIGURE 47 EUROPE: TERAHERTZ TECHNOLOGY MARKET SNAPSHOT
TABLE 110 EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 111 EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
FIGURE 48 LABORATORY RESEARCH TO LEAD MARKET IN EUROPE DURING FORECAST PERIOD
TABLE 112 IMAGING AND SPECTROSCOPY IN EUROPE: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 113 IMAGING AND SPECTROSCOPY IN EUROPE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 114 COMMUNICATION SYSTEMS IN EUROPE: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 115 COMMUNICATION SYSTEMS IN EUROPE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.3.1 UK
9.3.1.1 Terahertz technology market in UK propelled by adoption of organic and inorganic growth strategies
TABLE 116 IMAGING AND SPECTROSCOPY IN UK: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 117 IMAGING AND SPECTROSCOPY IN UK: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 118 COMMUNICATION SYSTEMS IN UK: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 119 COMMUNICATION SYSTEMS IN UK: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.3.2 GERMANY
9.3.2.1 Germany holds largest share of terahertz technology market in Europe
TABLE 120 IMAGING AND SPECTROSCOPY IN GERMANY: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 121 IMAGING AND SPECTROSCOPY IN GERMANY: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 122 COMMUNICATION SYSTEMS IN GERMANY: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 123 COMMUNICATION SYSTEMS IN GERMANY: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.3.3 FRANCE
9.3.3.1 France employs terahertz technology for detecting hidden objects
TABLE 124 IMAGING AND SPECTROSCOPY IN FRANCE: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 125 IMAGING AND SPECTROSCOPY IN FRANCE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 126 COMMUNICATION SYSTEMS IN FRANCE: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 127 COMMUNICATION SYSTEMS IN FRANCE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.3.4 ITALY
9.3.4.1 Consumer applications of terahertz technology-based products began with industrial growth
TABLE 128 IMAGING AND SPECTROSCOPY IN ITALY: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 129 IMAGING AND SPECTROSCOPY IN ITALY: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 130 COMMUNICATION SYSTEMS IN ITALY: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 131 COMMUNICATION SYSTEMS IN ITALY: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.3.5 SPAIN
9.3.5.1 Researchers at universities are working toward adoption of terahertz technology
TABLE 132 IMAGING AND SPECTROSCOPY IN SPAIN: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 133 IMAGING AND SPECTROSCOPY IN SPAIN: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 134 COMMUNICATION SYSTEMS IN SPAIN: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 135 COMMUNICATION SYSTEMS IN SPAIN: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.3.6 REST OF EUROPE
9.3.6.1 Growth in medical and healthcare applications to propel terahertz technology market
TABLE 136 IMAGING AND SPECTROSCOPY IN REST OF EUROPE: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 137 IMAGING AND SPECTROSCOPY IN REST OF EUROPE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 138 COMMUNICATION SYSTEMS IN REST OF EUROPE: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 139 COMMUNICATION SYSTEMS IN REST OF EUROPE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.4 ASIA PACIFIC
FIGURE 49 ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET SNAPSHOT
TABLE 140 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 141 ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
FIGURE 50 LABORATORY RESEARCH TO LEAD MARKET IN ASIA PACIFIC DURING FORECAST PERIOD
TABLE 142 IMAGING AND SPECTROSCOPY IN ASIA PACIFIC: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 143 IMAGING AND SPECTROSCOPY IN ASIA PACIFIC: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 144 COMMUNICATION SYSTEMS IN ASIA PACIFIC: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 145 COMMUNICATION SYSTEMS IN ASIA PACIFIC: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.4.1 JAPAN
9.4.1.1 Introduction of game-changing devices and technologies in field of terahertz technology driving market
TABLE 146 IMAGING AND SPECTROSCOPY IN JAPAN: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 147 IMAGING AND SPECTROSCOPY IN JAPAN: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 148 COMMUNICATION SYSTEMS IN JAPAN: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 149 COMMUNICATION SYSTEMS IN JAPAN: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.4.2 CHINA
9.4.2.1 Growing adoption of terahertz technology in semiconductor industry
TABLE 150 IMAGING AND SPECTROSCOPY IN CHINA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 151 IMAGING AND SPECTROSCOPY IN CHINA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 152 COMMUNICATION SYSTEMS IN CHINA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 153 COMMUNICATION SYSTEMS IN CHINA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.4.3 INDIA
9.4.3.1 Several startups are developing terahertz technology-based products in India
TABLE 154 IMAGING AND SPECTROSCOPY IN INDIA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 155 IMAGING AND SPECTROSCOPY IN INDIA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 156 COMMUNICATION SYSTEMS IN INDIA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 157 COMMUNICATION SYSTEMS IN INDIA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.4.4 SOUTH KOREA
9.4.4.1 South Korea presents huge opportunities for terahertz technology market
TABLE 158 IMAGING AND SPECTROSCOPY IN SOUTH KOREA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 159 IMAGING AND SPECTROSCOPY IN SOUTH KOREA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 160 COMMUNICATION SYSTEMS IN SOUTH KOREA, MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 161 COMMUNICATION SYSTEMS IN SOUTH KOREA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.4.5 REST OF ASIA PACIFIC
TABLE 162 IMAGING AND SPECTROSCOPY IN REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 163 IMAGING AND SPECTROSCOPY IN REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 164 COMMUNICATION SYSTEMS IN REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 165 COMMUNICATION SYSTEMS IN REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.5 REST OF THE WORLD (ROW)
TABLE 166 ROW: TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 167 ROW: MARKET, BY REGION, 2022–2027 (USD MILLION)
FIGURE 51 LABORATORY RESEARCH TO LEAD MARKET IN ROW DURING FORECAST PERIOD
TABLE 168 IMAGING AND SPECTROSCOPY IN ROW: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 169 IMAGING AND SPECTROSCOPY IN ROW: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 170 COMMUNICATION SYSTEMS IN ROW: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 171 COMMUNICATION SYSTEMS IN ROW: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.5.1 MIDDLE EAST & AFRICA (MEA)
9.5.1.1 R&D activities have proven to be a boon for Middle East & Africa
TABLE 172 IMAGING AND SPECTROSCOPY IN MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 173 IMAGING AND SPECTROSCOPY IN MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 174 COMMUNICATION SYSTEMS IN MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 175 COMMUNICATION SYSTEMS IN MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.5.2 SOUTH AMERICA
9.5.2.1 Terahertz technology market in South America is growing slowly
TABLE 176 IMAGING AND SPECTROSCOPY IN SOUTH AMERICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 177 IMAGING AND SPECTROSCOPY IN SOUTH AMERICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 178 COMMUNICATION SYSTEMS IN SOUTH AMERICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 179 COMMUNICATION SYSTEMS IN SOUTH AMERICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.6 COVID-19 IMPACT ON TERAHERTZ TECHNOLOGY MARKET IN VARIOUS REGIONS
9.6.1 MOST IMPACTED REGION: NORTH AMERICA
FIGURE 52 PRE- AND POST-COVID SCENARIO OF MARKET IN NORTH AMERICA
9.6.2 LEAST IMPACTED REGION: ASIA PACIFIC
FIGURE 53 PRE- AND POST-COVID SCENARIO OF MARKET IN ASIA PACIFIC
10 COMPETITIVE LANDSCAPE (Page No. - 178)
10.1 OVERVIEW
10.2 MARKET EVALUATION FRAMEWORK
TABLE 180 OVERVIEW OF STRATEGIES DEPLOYED BY KEY TERAHERTZ TECHNOLOGY MANUFACTURING COMPANIES
10.2.1 PRODUCT PORTFOLIO
10.2.2 REGIONAL FOCUS
10.2.3 MANUFACTURING FOOTPRINT
10.2.4 ORGANIC/INORGANIC STRATEGIES
10.3 MARKET SHARE ANALYSIS, 2021
TABLE 181 TERAHERTZ TECHNOLOGY MARKET: MARKET SHARE ANALYSIS (2021)
10.4 5-YEAR COMPANY REVENUE ANALYSIS
FIGURE 54 5-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN MARKET, 2017–2021
10.5 COMPANY EVALUATION QUADRANT
10.5.1 STAR
10.5.2 EMERGING LEADER
10.5.3 PERVASIVE
10.5.4 PARTICIPANT
FIGURE 55 MARKET: COMPANY EVALUATION QUADRANT, 2021
10.6 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX
TABLE 182 TERAHERTZ TECHNOLOGY MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 183 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SME) IN MARKET
TABLE 184 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (TYPE FOOTPRINT)
TABLE 185 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (APPLICATION FOOTPRINT)
TABLE 186 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (REGION FOOTPRINT)
10.6.1 PROGRESSIVE COMPANY
10.6.2 RESPONSIVE COMPANY
10.6.3 DYNAMIC COMPANY
10.6.4 STARTING BLOCK
FIGURE 56 STARTUP/SME EVALUATION MATRIX
10.7 COMPANY FOOTPRINT
TABLE 187 COMPANY FOOTPRINT
TABLE 188 COMPANY TYPE FOOTPRINT
TABLE 189 COMPANY APPLICATION FOOTPRINT
TABLE 190 COMPANY REGION FOOTPRINT
10.8 COMPETITIVE SITUATIONS AND TRENDS
10.8.1 PRODUCT LAUNCHES
TABLE 191 PRODUCT LAUNCHES, JANUARY 2019–FEBRUARY 2022
10.8.2 DEALS
TABLE 192 DEALS, JANUARY 2019–FEBRUARY 2022
10.8.3 OTHERS
TABLE 193 OTHERS, JANUARY 2019–FEBRUARY 2022
11 COMPANY PROFILES (Page No. - 199)
11.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View)*
11.1.1 ADVANTEST CORPORATION
TABLE 194 ADVANTEST CORPORATION: BUSINESS OVERVIEW
FIGURE 57 ADVANTEST CORPORATION: COMPANY SNAPSHOT
TABLE 195 ADVANTEST CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 196 ADVANTEST CORPORATION: PRODUCT LAUNCHES
TABLE 197 ADVANTEST CORPORATION: DEALS
TABLE 198 ADVANTEST CORPORATION: OTHERS
11.1.2 LUNA INNOVATIONS
TABLE 199 LUNA INNOVATIONS: BUSINESS OVERVIEW
FIGURE 58 LUNA INNOVATIONS: COMPANY SNAPSHOT
TABLE 200 LUNA INNOVATIONS: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 201 LUNA INNOVATIONS: DEALS
11.1.3 TERAVIEW LIMITED.
TABLE 202 TERAVIEW LIMITED.: BUSINESS OVERVIEW
TABLE 203 TERAVIEW LIMITED.: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 204 TERAVIEW LIMITED.: PRODUCT LAUNCHES
TABLE 205 TERAVIEW LIMITED.: DEALS
11.1.4 TOPTICA PHOTONICS AG
TABLE 206 TOPTICA PHOTONICS AG: BUSINESS OVERVIEW
TABLE 207 TOPTICA PHOTONICS AG: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 208 TOPTICA PHOTONICS AG: PRODUCT LAUNCHES
11.1.5 HÜBNER GMBH & CO. KG
TABLE 209 HÜBNER GMBH & CO. KG: BUSINESS OVERVIEW
TABLE 210 HÜBNER GMBH & CO. KG: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 211 HÜBNER GMBH & CO. KG: PRODUCT LAUNCHES
TABLE 212 HÜBNER GMBH & CO. KG: DEALS
TABLE 213 HÜBNER GMBH & CO. KG: OTHERS
11.1.6 MENLO SYSTEMS
TABLE 214 MENLO SYSTEMS: BUSINESS OVERVIEW
TABLE 215 MENLO SYSTEMS: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 216 MENLO SYSTEMS: PRODUCT LAUNCHES
TABLE 217 MENLO SYSTEMS: DEALS
TABLE 218 MENLO SYSTEMS: OTHERS
11.1.7 TERASENSE GROUP INC.
TABLE 219 TERASENSE GROUP INC.: BUSINESS OVERVIEW
TABLE 220 TERASENSE GROUP INC.: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 221 TERASENSE GROUP INC.: PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 222 TERASENSE GROUP INC.: DEALS
TABLE 223 TERASENSE GROUP INC.: OTHERS
11.1.8 GENTEC ELECTRO-OPTICS
TABLE 224 GENTEC ELECTRO-OPTICS: BUSINESS OVERVIEW
TABLE 225 GENTEC ELECTRO-OPTICS: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 226 GENTEC ELECTRO-OPTICS: OTHERS
11.1.9 QMC INSTRUMENTS LTD.
TABLE 227 QMC INSTRUMENTS LTD.: BUSINESS OVERVIEW
TABLE 228 QMC INSTRUMENTS LTD.: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
11.1.10 TERAVIL LTD
TABLE 229 TERAVIL LTD: BUSINESS OVERVIEW
TABLE 230 TERAVIL LTD: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
* (Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
11.2 OTHER PLAYERS
11.2.1 VIRGINIA DIODES, INC.
11.2.2 MICROTECH INSTRUMENTS, INC.
11.2.3 TRAYCER SYSTEMS, INC.
11.2.4 DEL MAR PHOTONICS, INC.
11.2.5 INSIGHT PRODUCT CO.
11.2.6 BATOP GMBH
11.2.7 LYTID SAS
11.2.8 TYDEX
11.2.9 QUANTUM DESIGN INC.
11.2.10 RAYSECUR, INC.
11.2.11 SPECTRAL SCIENCES, INC.
11.2.12 BRIDGE12 TECHNOLOGIES, INC.
11.2.13 BRUKER
11.2.14 SCIENCETECH INC.
11.2.15 THORLABS, INC.
12 APPENDIX (Page No. - 242)
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
The study involved four major activities in estimating the size of the terahertz technology market. Exhaustive secondary research has been carried out to collect information on the market, the peer markets, and the parent market. Both top-down and bottom-up approaches have been employed to estimate the total market size. Market breakdown and data triangulation methods have also been used to estimate the market for segments and subsegments.
Secondary Research
Revenues of companies offering terahertz technologies have been obtained from the secondary data available through paid and unpaid sources. The revenues have also been derived by analyzing the product portfolio of key companies, and these companies have been rated according to the performance and quality of their products.
In the secondary research process, various sources have been referred to for identifying and collecting information for this study on the terahertz technology market. Secondary sources considered for this research study include government sources; corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and professional associations. Secondary data has been collected and analyzed to arrive at the overall market size, which has been further validated through primary research.
Secondary research has been mainly used to obtain key information about the supply chain of terahertz technology to identify key players based on their products and prevailing industry trends in the terahertz technology market by type, application, and region. Secondary research also helped obtain market information- and technology-oriented key developments undertaken by market players to expand their presence and increase their market share.
Primary Research
Extensive primary research has been conducted after understanding and analyzing the current scenario of the terahertz technology market through secondary research. Several primary interviews have been conducted with the key opinion leaders from demand and supply sides across four main regions—North America, Europe, Asia Pacific, and Rest of the World. Approximately 25% of the primary interviews have been conducted with the demand-side respondents, while approximately 75% have been conducted with the supply-side respondents. The primary data has been collected through questionnaires, emails, and telephonic interviews
After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. The breakdown of primary respondents is as follows:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The bottom-up procedure has been employed to arrive at the overall size of the terahertz technology market.
- Identifying the number of terahertz technology shipped at the global level
- Identifying average selling prices of terahertz technology shipped globally
- Conducting multiple discussion sessions with key opinion leaders to understand different terahertz technology and their deployment in multiple products and applications; analysing the break-up of the work conducted by each key company
- Verifying and crosschecking estimates at every level with key opinion leaders, including chief executive officers (CEO), directors, and operation managers, and then finally, with the domain experts of MarketsandMarkets
- Studying various paid and unpaid sources of information such as annual reports, press releases, white papers, and databases of the company- and region-specific developments undertaken in the terahertz technology market
To know about the assumptions considered for the study, Request for Free Sample Report
The top-down approach has been used to estimate and validate the total size of the terahertz technology market.
- Focusing initially on the top-line investments and expenditures made in the terahertz technology ecosystem, splitting further into product, technology, application, and listing key developments in key market areas
- Identifying all major players offering a variety of terahertz technology products and technology, which has been verified through secondary research and a brief discussion with industry experts
- Analyzing revenues, product mix, geographic presence, and key applications for which all identified players offer terahertz technology to estimate and arrive at the percentage splits for all key segments
- Discussing these splits with industry experts to validate the information and identify key growth domains across all major segments
- Breaking down the total market based on verified splits and key growth domains across all segments
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market has been split into several segments and subsegments. To complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides in the terahertz technology market.
Report Objectives
- To describe and forecast the overall terahertz technology market, by type and application, in terms of value
- To provide the size for the overall terahertz technology market in terms of volume
- To describe operational frequencies of the terahertz technology market
- To describe and forecast the market for four key regions: North America, Europe, Asia Pacific, and the Rest of the World, in terms of value
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
- To provide a detailed overview of the supply chain of the terahertz technology ecosystem, along with the average selling prices of device type
- To strategically analyze the ecosystem, Porter’s five forces, tariffs and regulations, patent landscape, trade landscape, and case studies pertaining to the market under study
- To strategically analyze micromarkets1 with regard to individual growth trends, prospects, and contributions to the overall market
- To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market
- To analyze competitive developments such as partnerships, expansion, investments, and acquisitions in the market
- To strategically profile the key players in the market and comprehensively analyze their market ranking and core competencies2
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players based on various blocks of the supply chain
Generating Response ...
Growth opportunities and latent adjacency in Terahertz Technology Market
Compare THz spectroscopy technologies and the companies that sell them. Pricing information on the different instruments Who is currently building ASOPS systems (Advantest, Menlo) Compare and contrast specs and capabilities of frequency domain systems.
I already contributed market researches of MnM. I am working on micromachined THz components, give invited talks, have a featured article on waveguide modeling, in PCB tech. at microwaves. I would be pleased, if you could send me a free sample, and we could discuss about THz market when you are available.