Electromagnetic waves with frequencies range between 100 GHz and 10 THz is primarily refers to as terahertz technology. High chemical selectivity as well as the penetration of opaque materials are some of the major advantages of terahertz technology. Undeveloped electromagnetic waves are known as terahertz waves which fall between radio waves and light in the frequency spectrum and have the ability to pass through paper, cloths, cardboard, plastics, wood, masonry and ceramics. Increasing application of terahertz technologies in laboratory along with medical imaging is anticipated to fuel the market for terahertz components and systems market globally. Luggage scanners, x ray scanners and other medical devices are some of the major application area of terahertz technologies. In the field of biomedical diagnostics along with in the study of archeological and historical work, terahertz imaging methods plays an important part globally.
The terahertz components and systems market is expected to gain steady traction in the foreseeable future owing to growing application of terahertz technologies in different industry verticals which include material inspection and process control monitoring among others.
Market Dynamics
The terahertz regime is compressed between infrared and microwaves, bridging the gap between optics and electronics. With diversified research and development activities is having a positive impact on the growing application of the terahertz technology. The market for terahertz components and systems is gaining significant traction due to growing potential application of terahertz applications across security scanning, process control, medical imaging and advanced communication instruments, among others. Different sort of materials like plastics, polymers among others are being used widely. Terahertz technology plays a crucial role in the inspection of such materials. Moreover, inspection of critical components for instance plastic airbag caps in advanced vehicles is one of the prime application area of terahertz technology.
Market Taxonomy
This report segments the global terahertz components and systems market on the basis of components, systems, application, and geography. On the basis of components, the terahertz components and systems market is categorized into terahertz detectors and terahertz sources among others. On the basis of systems, the terahertz components and systems are segmented into terahertz radar, systems based on spectroscopy, and terahertz sensing. Systems based on spectroscopy is segmented into time domain spectroscopy, frequency domain spectroscopy, imaging by scanning. On the basis of application, the terahertz components and systems market is categorized into industrial process management, research laboratory, medical imaging, and Nondestructive Testing among others. For complete understanding of market dynamics, the global terahertz components and systems market is analyzed across key geographical regions namely Europe, North America, Latin America, Asia Pacific, Middle East and Africa. Each of these regions is evaluated on the basis of market findings across key countries in these regions for a macro-level understanding of the market.
Key features of the study:
- This report provides in-depth analysis of the terahertz components and systems market and its application, market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2017 – 2025, considering 2016 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global terahertz components and systems market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
- Key companies covered as a part of this study include Advantest Corporation, Applied Research & Photonics Inc., Digital Barriers PLC, EMCORE Corporation, Bruker Corporation, Teraview, M Squared Lasers Ltd, NEC Corporation, Menlo Systems GmbH, Techcomp Group Ltd., Bridge12 Technologies, Inc. and Microtech Instruments Inc.
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, End Use Industry upgrades, market expansion and marketing tactics.
- The global terahertz components and systems market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for terahertz components and systems market, research and consulting firms, new entrants and financial analysts
- Various strategy matrices used in analyzing the terahertz components and systems market would provide stakeholders vital inputs to make strategic decisions accordingly
Detailed Segmentation:
- Global Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Global Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Global Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Global Terahertz Components and Systems Market, By Geography:
- North America
- U.S.
- U.S. Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- U.S. Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- U.S. Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Canada
- Canada Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Canada Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Canada Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Europe
- U.K.
- U.K. Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- U.K. Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- U.K. Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Germany
- Germany Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Germany Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Germany Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Italy
- Italy Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Italy Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Italy Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- France
- France Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- France Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- France Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Spain
- Spain Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Spain Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Spain Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Russia
- Russia Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Russia Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Russia Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Rest of Europe
- Rest of Europe Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Rest of Europe Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Rest of Europe Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Asia-Pacific
- China
- China Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- China Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- China Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- India
- India Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- India Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- India Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Japan
- Japan Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Japan Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Japan Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- ASEAN
- ASEAN Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- ASEAN Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- ASEAN Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Australia
- Australia Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Australia Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Australia Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- South Korea
- South Korea Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- South Korea Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- South Korea Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Rest of Asia Pacific
- Rest of Asia Pacific Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Rest of Asia Pacific Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Rest of Asia Pacific Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Latin America
- Brazil
- Brazil Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Brazil Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Brazil Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Argentina
- Argentina Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Argentina Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Argentina Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Mexico
- Mexico Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Mexico Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Mexico Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Rest of Latin America
- Rest of Latin America Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Rest of Latin America Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Rest of Latin America Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Middle East
- GCC
- GCC Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- GCC Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- GCC Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Israel
- Israel Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Israel Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Israel Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Rest of Middle East
- Rest of Middle East Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Rest of Middle East Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Rest of Middle East Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Africa
- North Africa
- North Africa Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- North Africa Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- North Africa Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Central Africa
- Central Africa Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- Central Africa Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- Central Africa Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- South Africa
- South Africa Terahertz Components and Systems Market, By Components:
- Terahertz Sources
- Terahertz Detectors
- Others
- South Africa Terahertz Components and Systems Market, By Systems:
- Systems based on spectroscopy
- Time Domain Spectroscopy
- Frequency Domain Spectroscopy
- Imaging by Scanning
- Terahertz Radar
- Terahertz Sensing
- South Africa Terahertz Components and Systems Market, By Application:
- Industrial Process Management
- Research Laboratory
- Medical Imaging
- Nondestructive Testing
- Others
- Company Profiles
- Advantest Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Applied Research
- Photonics Inc.
- Digital Barriers PLC
- EMCORE Corporation
- Bruker Corporation
- Teraview
- NEC Corporation
- Menlo Systems GmbH
- Microtech Instruments Inc.
“*” marked represents similar segmentation in other categories in the respective section.