The global terahertz (THz) technology market is expected to grow at a CAGR of 16.2% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for THz imaging and spectroscopy systems in various industries such as healthcare, security, and defense. The increasing demand for THz communication systems is also driving the growth of this market.
Terahertz sources are expected to account for a major share in the global terahertz technology market during the forecast period owing to their use in various applications such as terahertz imaging, spectroscopy, and communication systems. Terahertz detectors are also expected to witness significant growth due to their use in various applications such as terahertz imaging and spectroscopy systems.
North America is estimated to account for a major share in the global terahertz technology market during the forecast period owing to its high adoption rate of THz technologies across various industries such as healthcare, security, defense, etc, which has led it towards becoming one of the leading markets globally for these technologies.
- The THz technology market is driven by the increasing demand for high-speed wireless communication, which in turn drives the need for higher bandwidth and lower latency.
- The THz technology market is also driven by the increasing demand for high-resolution imaging systems, which in turn drives the need for higher resolution and better image quality.
- The THz technology market is also driven by the increasing demand for medical imaging systems, which in turn drives the need for better image quality and accuracy of diagnosis of diseases such as cancer or heart disease.
- Increasing research activities on THz technologies are driving growth of this market.
Industry Growth Insights published a new data on “Terahertz (THz) Technology Market”. The research report is titled “Terahertz (THz) Technology Market research by Types (Terahertz Sources, Terahertz Detectors), By Applications (Terahertz Imaging, Terahertz Spectroscopy, Terahertz Communication Systems, ), By Players/Companies Advantest, Teraview, Menlo Systems, ACAL, Microtech Instrument, Digital Barriers, Traycer, QMC Instruments, Gentec Electro-Optics, Terasense, Toptica Photonics, Insight Product, Advanced Photonix, ”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Terahertz (THz) Technology Market Research Report
By Type
Terahertz Sources, Terahertz Detectors
By Application
Terahertz Imaging, Terahertz Spectroscopy, Terahertz Communication Systems,
By Companies
Advantest, Teraview, Menlo Systems, ACAL, Microtech Instrument, Digital Barriers, Traycer, QMC Instruments, Gentec Electro-Optics, Terasense, Toptica Photonics, Insight Product, Advanced Photonix,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
 Technology Industry Outlook.svg)
Global Terahertz (THz) Technology Market Report Segments:
The global Terahertz (THz) Technology market is segmented on the basis of:
Types
Terahertz Sources, Terahertz Detectors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Terahertz Imaging, Terahertz Spectroscopy, Terahertz Communication Systems,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Advantest
- Teraview
- Menlo Systems
- ACAL
- Microtech Instrument
- Digital Barriers
- Traycer
- QMC Instruments
- Gentec Electro-Optics
- Terasense
- Toptica Photonics
- Insight Product
- Advanced Photonix
 Technology Market Overview.svg)
Highlights of The Terahertz (THz) Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Terahertz Sources
- Terahertz Detectors
- By Application:
- Terahertz Imaging
- Terahertz Spectroscopy
- Terahertz Communication Systems
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Terahertz (THz) Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Terahertz technology is a type of radiation that falls between the microwave and infrared spectrums. It has a frequency range of 0.3 to 10 THz, which makes it ideal for communication, sensing and imaging applications.
Some of the key players operating in the terahertz (thz) technology market are Advantest, Teraview, Menlo Systems, ACAL, Microtech Instrument, Digital Barriers, Traycer, QMC Instruments, Gentec Electro-Optics, Terasense, Toptica Photonics, Insight Product, Advanced Photonix.
The terahertz (thz) technology market is expected to grow at a compound annual growth rate of 16.2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Terahertz (THz) Technology Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Terahertz (THz) Technology Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Terahertz (THz) Technology Market - Supply Chain
4.5. Global Terahertz (THz) Technology Market Forecast
4.5.1. Terahertz (THz) Technology Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Terahertz (THz) Technology Market Size (000 Units) and Y-o-Y Growth
4.5.3. Terahertz (THz) Technology Market Absolute $ Opportunity
5. Global Terahertz (THz) Technology Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Terahertz (THz) Technology Market Size and Volume Forecast by Type
5.3.1. Terahertz Sources
5.3.2. Terahertz Detectors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Terahertz (THz) Technology Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Terahertz (THz) Technology Market Size and Volume Forecast by Application
6.3.1. Terahertz Imaging
6.3.2. Terahertz Spectroscopy
6.3.3. Terahertz Communication Systems
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Terahertz (THz) Technology Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Terahertz (THz) Technology Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Terahertz (THz) Technology Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Terahertz (THz) Technology Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Terahertz (THz) Technology Demand Share Forecast, 2019-2026
9. North America Terahertz (THz) Technology Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Terahertz (THz) Technology Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Terahertz (THz) Technology Market Size and Volume Forecast by Application
9.4.1. Terahertz Imaging
9.4.2. Terahertz Spectroscopy
9.4.3. Terahertz Communication Systems
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Terahertz (THz) Technology Market Size and Volume Forecast by Type
9.7.1. Terahertz Sources
9.7.2. Terahertz Detectors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Terahertz (THz) Technology Demand Share Forecast, 2019-2026
10. Latin America Terahertz (THz) Technology Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Terahertz (THz) Technology Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Terahertz (THz) Technology Market Size and Volume Forecast by Application
10.4.1. Terahertz Imaging
10.4.2. Terahertz Spectroscopy
10.4.3. Terahertz Communication Systems
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Terahertz (THz) Technology Market Size and Volume Forecast by Type
10.7.1. Terahertz Sources
10.7.2. Terahertz Detectors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Terahertz (THz) Technology Demand Share Forecast, 2019-2026
11. Europe Terahertz (THz) Technology Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Terahertz (THz) Technology Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Terahertz (THz) Technology Market Size and Volume Forecast by Application
11.4.1. Terahertz Imaging
11.4.2. Terahertz Spectroscopy
11.4.3. Terahertz Communication Systems
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Terahertz (THz) Technology Market Size and Volume Forecast by Type
11.7.1. Terahertz Sources
11.7.2. Terahertz Detectors
11.8. Basis Pont Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Terahertz (THz) Technology Demand Share, 2019-2026
12. Asia Pacific Terahertz (THz) Technology Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Terahertz (THz) Technology Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Terahertz (THz) Technology Market Size and Volume Forecast by Application
12.4.1. Terahertz Imaging
12.4.2. Terahertz Spectroscopy
12.4.3. Terahertz Communication Systems
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Terahertz (THz) Technology Market Size and Volume Forecast by Type
12.7.1. Terahertz Sources
12.7.2. Terahertz Detectors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Terahertz (THz) Technology Demand Share, 2019-2026
13. Middle East & Africa Terahertz (THz) Technology Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Terahertz (THz) Technology Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Terahertz (THz) Technology Market Size and Volume Forecast by Application
13.4.1. Terahertz Imaging
13.4.2. Terahertz Spectroscopy
13.4.3. Terahertz Communication Systems
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Terahertz (THz) Technology Market Size and Volume Forecast by Type
13.7.1. Terahertz Sources
13.7.2. Terahertz Detectors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Terahertz (THz) Technology Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Terahertz (THz) Technology Market: Market Share Analysis
14.2. Terahertz (THz) Technology Distributors and Customers
14.3. Terahertz (THz) Technology Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Advantest
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Teraview
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Menlo Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ACAL
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Microtech Instrument
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Digital Barriers
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Traycer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. QMC Instruments
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gentec Electro-Optics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Terasense
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Toptica Photonics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Insight Product
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Advanced Photonix
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
