Market Challenges: High costs involved for THz systems

Developing strong and cost-effective terahertz sources that can generate tunable, continuous wave and high power radiation across the terahertz frequencies remains difficult. Additionally, improving the resolution and sensitivity of terahertz detectors while bringing down costs is an ongoing challenge. Integrating terahertz components such as sources and detectors efficiently into real-time imaging and spectroscopy platforms suitable for practical applications also presents difficulties.

Market Opportunities: Emerging applications in biomedical sector

Terahertz spectroscopy and imaging hold promise for newly emerging application areas such as quality control and assurance in industries like pharmaceutical and food processing. Non-destructive evaluation and materials characterization using terahertz waves offer advantages over existing technologies.

Terahertz Technologies Market Report Snapshots