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Terahertz Technology Market by Type (Terahertz Imaging, Terahertz Spectroscopy, Terahertz Communication Systems), Application (Laboratory Research, Medical & Healthcare, Satellite Communication), and Geography (2022-2027)

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Date: 20-May-2022
No. of pages: 247
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“Increasing demand for 6G communication pertaining to the development of terahertz technology market is set to drive the growth of the market”

The global terahertz technology market 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 rise in demand for terahertz technology-based products is also attributed to stringent government regulations for public safety and homeland security, the rise in demand for terahertz technology in the medical sector, and the adoption of terahertz systems in the semiconductor industry.

Stringent government regulations for public safety and homeland security and a rise in demand for terahertz technology in the medical sector fuel the growth of the terahertz technology market. Likewise, the increasing demand for 6G communication is expected to create lucrative opportunities for the terahertz technology market.

“Terahertz Imaging: The fastest-growing segment of the terahertz technology market.“

The terahertz frequency range enables the detection of concealed weapons and other illegal explosives, even under clothing. 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. Their wavelength is shorter than microwaves and longer than infrared, which corresponds revealingly with biomolecular vibrations. These systems take images using transmission or reflection geometry. These factors are expected to propel the growth of the terahertz imaging in terahertz technology market.

“Satellite Communication: The highest growing application of terahertz communication system in terahertz technology market.”

Satellite communication application is expected to grow with the highest CAGR during the forecast period. Satellite communication plays a vital role in data transmission in the global telecommunication system. The key advantages of satellite communications are that wireless and mobile communication applications can be effortlessly established irrespective of the location, covers a wide geographical area of the earth with just one satellite, and enables point to multipoint communication. The high-frequency radio waves and microwaves used for satellite communications travel by line of sight and are expected to be obstructed by the earth’s curve. Terahertz frequency offers greater communications bandwidth than radio waves and microwave frequencies. With the explosion of wireless data rates, the terahertz band (0.1–10 THz) is seen as a key to breaking the existing bandwidth blockage and satisfying the ever-increasing capacity demand. Terahertz band (0.1–10 THz) wireless communications enable high data rates on the order of Terabits per second. The use of terahertz technology facilitates larger bandwidth and, therefore, a higher transmission rate compared with microwave communications. Hence, satellite communications surge the demand for terahertz communications systems during the forecast period.

“North America: The largest region in the terahertz technology market in 2021.”

North America held the largest share of ~49% of the terahertz technology market in 2021, and a similar trend is expected to be observed during the forecast period. The growth of the terahertz technology market in North America is attributed to the factors such as the growing number of homeland security issues and investments in defense and terahertz communication systems. North America has a huge demand for terahertz technology-based products for industrial applications, such as paints and coatings defect identification, structure analysis of ceramics and composites, semiconductor and electronics wafer thickness measurement, electronic circuit inspection, and food quality inspection, in the US and Canada. The department of homeland security (DHS) and transportation security administration (TSA) have adopted terahertz technology for security screening of people at airports or big events.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:


  • By Company Type– Tier 1- 45%, Tier 2- 30% Tier 3 - 25%

  • By Designation— C level - 35%, Managers - 30%, Other Level - 35%

  • By Region— North America - 35%, Asia Pacific - 30%, Europe - 25%, RoW - 10%,


The terahertz technology market is dominated by a few globally established players such as ADVANTEST CORPORATION (Japan), Luna Innovations (US), TeraView Limited. (UK), TOPTICA Photonics AG (Germany), HÜBNER GmbH & Co. KG (Germany).

The study includes an in-depth competitive analysis of these key players in the terahertz technology market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the terahertz technology market and forecasts its size, by volume and value, based on region (Asia Pacific, Europe, North America, and RoW), by type(Terahertz Imaging, Terahertz Spectroscopy, Terahertz Communication Systems),application (Laboratory Research, Medical & Healthcare, Medical & Healthcare, Military & Homeland Security, Industrial Non-destructive Testing (NDT), Satellite Communications, Tactical/Military Communications, and Outdoor/Indoor Wireless Communications).

The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the terahertz technology market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Key Benefits of Buying the Report:

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the terahertz technology market and provides them information on key market drivers, restraints, challenges, and opportunities.

Terahertz Technology Market by Type (Terahertz Imaging, Terahertz Spectroscopy, Terahertz Communication Systems), Application (Laboratory Research, Medical & Healthcare, Satellite Communication), and Geography (2022-2027)

Table Of Contents

1 Introduction
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
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
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 Terahertz Technology Market By 2027
Figure 11 Satellite Communications Application To Witness Largest Share Of Terahertz Technology 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 Terahertz Technology Market From 2022 To 2027

4 Premium Insights
4.1 Attractive Growth Opportunities In Terahertz Technology Market
Figure 14 Growing Adoption Of Terahertz Systems In Semiconductor Industry To Fuel Growth Of Terahertz Technology Market During Forecast Period
4.2 Terahertz Technology Market, By Type
Figure 15 Terahertz Imaging Segment To Hold Largest Share Of Terahertz Technology Market From 2022 To 2027
4.3 Terahertz Technology Market, By Terahertz Communication Systems
Figure 16 Satellite Communications To Witness Largest Share Of Terahertz Technology Market For Terahertz Communications Systems By 2022
4.4 Terahertz Technology Market, By Region
Figure 17 North America To Hold Largest Share Of Terahertz Technology Market In 2027
4.5 Terahertz Technology Market, By Country
Figure 18 India To Record Highest Cagr In Overall Terahertz Technology Market During Forecast Period

5 Market Overview
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 Terahertz Technology Market Drivers And Their Impact
5.2.2 Restraints
5.2.2.1 Unavailability Of Skilled Personnel
Figure 22 Terahertz Technology 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 Terahertz Technology 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 Terahertz Technology Market Challenges And Their Impact
5.3 Supply Chain Analysis
Figure 25 Supply Chain Of Terahertz Technology 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 Terahertz Technology Market
Figure 26 Revenue Shift In Terahertz Technology 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 Terahertz Technology Market, 2012–2021
Figure 33 Regional Analysis Of Patents Granted For Terahertz Technology Market, 2021
Table 9 List Of Few Patents In Terahertz Technology Market, 2020–2021
5.13 Key Conferences & Events, 2022–2023
Table 10 Terahertz Technology 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
6.1 Introduction
Figure 34 Terahertz Technology Market, By Type
Figure 35 Terahertz Communication Systems To Record Highest Cagr In Terahertz Technology Market During Forecast Period
Table 12 Terahertz Technology Market, 2018–2021
Table 13 Terahertz Technology Market, 2022–2027
Table 14 Terahertz Technology Market, By Type, 2018–2021 (Usd Million)
Table 15 Terahertz Technology 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
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: Terahertz Technology Market, By Region, 2022–2027 (Usd Million)
Table 20 Laboratory Research In North America: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 21 Laboratory Research In North America: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 22 Laboratory Research In Europe: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 23 Laboratory Research In Europe: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 24 Laboratory Research In Asia Pacific: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 25 Laboratory Research In Asia Pacific: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 26 Laboratory Research In Row: Terahertz Technology Market, By Region, 2018–2021 (Usd Million)
Table 27 Laboratory Research In Row: Terahertz Technology 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: Terahertz Technology Market, By Region, 2022–2027 (Usd Million)
Table 30 Medical & Healthcare Applications In North America: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 31 Medical & Healthcare Applications In North America: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 32 Medical & Healthcare Applications In Europe: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 33 Medical & Healthcare Applications In Europe: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 34 Medical & Healthcare Applications In Asia Pacific: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 35 Medical & Healthcare Applications In Asia Pacific: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 36 Medical & Healthcare Applications In Row: Terahertz Technology Market, By Region, 2018–2021 (Usd Million)
Table 37 Medical & Healthcare Applications In Row: Terahertz Technology 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: Terahertz Technology Market, By Region, 2022–2027 (Usd Million)
Table 40 Military & Homeland Security In North America: Terahertz Technology 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: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 43 Military & Homeland Security In Europe: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 44 Military & Homeland Security In Asia Pacific: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 45 Military & Homeland Security In Asia Pacific: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 46 Military & Homeland Security In Row: Terahertz Technology Market, By Region, 2018–2021 (Usd Million)
Table 47 Military & Homeland Security In Row: Terahertz Technology 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: Terahertz Technology Market, By Region, 2022–2027 (Usd Million)
Table 50 Industrial Ndt In North America: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 51 Industrial Ndt In North America: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 52 Industrial Ndt In Europe: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 53 Industrial Ndt In Europe: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 54 Industrial Ndt In Asia Pacific: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 55 Industrial Ndt In Asia Pacific: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 56 Industrial Ndt In Row: Terahertz Technology Market, By Region, 2018–2021 (Usd Million)
Table 57 Industrial Ndt In Row: Terahertz Technology 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: Terahertz Technology Market, By Region, 2022–2027 (Usd Million)
Table 62 Satellite Communications In North America: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 63 Satellite Communications In North America: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 64 Satellite Communications In Europe: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 65 Satellite Communications In Europe: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 66 Satellite Communications In Asia Pacific: Terahertz Technology 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: Terahertz Technology Market, By Region, 2018–2021 (Usd Million)
Table 69 Satellite Communications In Row: Terahertz Technology 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: Terahertz Technology Market, By Region, 2022–2027 (Usd Million)
Table 72 Tactical/Military Communications In North America: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 73 Tactical/Military Communications In North America: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 74 Tactical/Military Communications In Europe: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 75 Tactical/Military Communications In Europe: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 76 Tactical/Military Communications In Asia Pacific: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 77 Tactical/Military Communications In Asia Pacific: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 78 Tactical/Military Communications In Row: Terahertz Technology Market, By Region, 2018–2021 (Usd Million)
Table 79 Tactical/Military Communications In Row: Terahertz Technology 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: Terahertz Technology Market, By Region, 2022–2027 (Usd Million)
Table 82 Outdoor/Indoor Wireless Communications In North America: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 83 Outdoor/Indoor Wireless Communications In North America: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 84 Outdoor/Indoor Wireless Communications In Europe: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 85 Outdoor/Indoor Wireless Communications In Europe: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 86 Outdoor/Indoor Wireless Communications In Asia Pacific: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 87 Outdoor/Indoor Wireless Communications In Asia Pacific: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Table 88 Outdoor/Indoor Wireless Communications In Row: Terahertz Technology Market, By Region, 2018–2021 (Usd Million)
Table 89 Outdoor/Indoor Wireless Communications In Row: Terahertz Technology Market, By Region, 2022–2027 (Usd Million)

8 Terahertz Technology: Sources And Detectors
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
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 Terahertz Technology Market, By Region, 2018–2021 (Usd Million)
Table 91 Terahertz Technology Market, By Region, 2022–2027 (Usd Million)
9.2 North America
Figure 45 North America: Terahertz Technology Market Snapshot
Table 92 North America: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 93 North America: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Figure 46 Laboratory Research To Lead Terahertz Technology Market For Imaging And Spectroscopy In North America During Forecast Period
Table 94 Imaging And Spectroscopy In North America: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 95 Imaging And Spectroscopy In North America: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 96 Communication Systems In North America: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 97 Communication Systems In North America: Terahertz Technology 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: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 100 Communication Systems In Us: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 101 Communication Systems In Us: Terahertz Technology 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: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 104 Communication Systems In Canada: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 105 Communication Systems In Canada: Terahertz Technology 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: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 108 Communication Systems In Mexico: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 109 Communication Systems In Mexico: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
9.3 Europe
Figure 47 Europe: Terahertz Technology Market Snapshot
Table 110 Europe: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 111 Europe: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Figure 48 Laboratory Research To Lead Terahertz Technology Market In Europe During Forecast Period
Table 112 Imaging And Spectroscopy In Europe: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 113 Imaging And Spectroscopy In Europe: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 114 Communication Systems In Europe: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 115 Communication Systems In Europe: Terahertz Technology 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: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 117 Imaging And Spectroscopy In Uk: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 118 Communication Systems In Uk: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 119 Communication Systems In Uk: Terahertz Technology 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: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 121 Imaging And Spectroscopy In Germany: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 122 Communication Systems In Germany: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 123 Communication Systems In Germany: Terahertz Technology 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: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 126 Communication Systems In France: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 127 Communication Systems In France: Terahertz Technology 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: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 130 Communication Systems In Italy: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 131 Communication Systems In Italy: Terahertz Technology 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: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 134 Communication Systems In Spain: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 135 Communication Systems In Spain: Terahertz Technology 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: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 137 Imaging And Spectroscopy In Rest Of Europe: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 138 Communication Systems In Rest Of Europe: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 139 Communication Systems In Rest Of Europe: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
9.4 Asia Pacific
Figure 49 Asia Pacific: Terahertz Technology Market Snapshot
Table 140 Asia Pacific: Terahertz Technology Market, By Country, 2018–2021 (Usd Million)
Table 141 Asia Pacific: Terahertz Technology Market, By Country, 2022–2027 (Usd Million)
Figure 50 Laboratory Research To Lead Terahertz Technology Market In Asia Pacific During Forecast Period
Table 142 Imaging And Spectroscopy In Asia Pacific: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 143 Imaging And Spectroscopy In Asia Pacific: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 144 Communication Systems In Asia Pacific: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 145 Communication Systems In Asia Pacific: Terahertz Technology 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: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 148 Communication Systems In Japan: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 149 Communication Systems In Japan: Terahertz Technology 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: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 151 Imaging And Spectroscopy In China: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 152 Communication Systems In China: Terahertz Technology 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: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 155 Imaging And Spectroscopy In India: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 156 Communication Systems In India: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 157 Communication Systems In India: Terahertz Technology 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: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 159 Imaging And Spectroscopy In South Korea: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 160 Communication Systems In South Korea, Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 161 Communication Systems In South Korea: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
9.4.5 Rest Of Asia Pacific
Table 162 Imaging And Spectroscopy In Rest Of Asia Pacific: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 163 Imaging And Spectroscopy In Rest Of Asia Pacific: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 164 Communication Systems In Rest Of Asia Pacific: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 165 Communication Systems In Rest Of Asia Pacific: Terahertz Technology 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: Terahertz Technology Market, By Region, 2022–2027 (Usd Million)
Figure 51 Laboratory Research To Lead Terahertz Technology Market In Row During Forecast Period
Table 168 Imaging And Spectroscopy In Row: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 169 Imaging And Spectroscopy In Row: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 170 Communication Systems In Row: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 171 Communication Systems In Row: Terahertz Technology 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: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 173 Imaging And Spectroscopy In Middle East & Africa: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 174 Communication Systems In Middle East & Africa: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 175 Communication Systems In Middle East & Africa: Terahertz Technology 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: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 177 Imaging And Spectroscopy In South America: Terahertz Technology Market, By Application, 2022–2027 (Usd Million)
Table 178 Communication Systems In South America: Terahertz Technology Market, By Application, 2018–2021 (Usd Million)
Table 179 Communication Systems In South America: Terahertz Technology 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 Terahertz Technology Market In North America
9.6.2 Least Impacted Region: Asia Pacific
Figure 53 Pre- And Post-Covid Scenario Of Terahertz Technology Market In Asia Pacific

10 Competitive Landscape
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 Terahertz Technology 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 Terahertz Technology 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 Terahertz Technology Market
Table 184 Terahertz Technology Market: Competitive Benchmarking Of Key Startups/Smes (Type Footprint)
Table 185 Terahertz Technology Market: Competitive Benchmarking Of Key Startups/Smes (Application Footprint)
Table 186 Terahertz Technology 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
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
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details

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