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Terahertz Radiation Systems: Technologies and Global Markets

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    Report

  • 236 Pages
  • June 2023
  • Region: Global
  • BCC Research
  • ID: 4804127
Description Jump to:

In this report, the market has been segmented based on type, application, and geography. The report provides an overview of the global THz radiation systems market and analyzes market trends. Using 2022 as the base year, the report provides estimated market data for 2023-2028. Market values have been estimated based on the triangulation method using parameters such as total revenue of THz radiation systems providers, primary interview results, and secondary white paper information.

The report covers the market for THz radiation systems with regard to the end-user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for THz radiation systems in 2022 and provides projections for the expected market size through 2028.

Report Includes

  • 55 tables and 80 additional tables
  • Detailed overview and an up-to-date analysis of the global markets for terahertz (THz) radiation systems and related technologies
  • Analyses of the global market trends, with market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024 and 2026, and projections of compound annual growth rates (CAGRs) through 2028
  • Discussion of the major growth drivers, industry-specific challenges, regulatory aspects, and technology advancements that will shape the market for terahertz radiation systems as a basis for projecting demand in the next few years (2023-2028)
  • Estimation of the actual market size and revenue forecast for global THz radiation systems market, and corresponding market share analysis based on the type of technology, application, and region
  • Assessment of the technological process that has been made toward bridging the terahertz gap and assessing the commercial potential of THz radiation devices over the analysis period
  • Characterization and quantification of the market potential for each short-listed THz technology, by application, and identifying the main prerequisites (that are still under development) for commercial success
  • Identification of THz applications that are most likely to achieve significant commercial sales by 2028
  • Review of key patent grants on terahertz radiation systems and related technologies by each major category, and new and emerging developments in the global market
  • Descriptive company profiles of the leading global players of the industry, including Advantest Corp., Bruker Corp., EMCORE Corp., Northrop Grumman Corp. and Thruvision Ltd.

Table of Contents

Chapter 1 Introduction
  • Overview
  • Study Goals and Objectives
  • Reasons for Doing the Study
  • What's New in this Update?
  • Scope of Report
  • Intended Audiences
  • Information Sources
  • Methodology
  • Geographic Breakdown
  • Analyst's Credentials
  • Custom Research
  • Related Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Terahertz Radiation Systems: Market Overview
  • Introduction to Terahertz Radiation
  • Properties of Terahertz Radiation
  • History of Terahertz Radiation
  • Thz Enabling Technologies
  • Thz Sources
  • Thz Detectors
  • Thz Waveguides
  • Thz Switches, Regulators, Lenses, and Other Devices
  • New Materials and Technologies
  • Value Chain Analysis
  • Market Ecosystem
  • Porter's Five Forces Analysis
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of New Entrants
  • Threat of Substitutes
  • Degree of Competition
  • Impact of Covid-19 on the Market for Thz Radiation Systems
  • Overview
  • Impact of Covid-19 on the Thz Radiation Systems in Healthcare Market
  • Impact of Covid-19 on the Thz Radiation Systems in Security Applications
  • Conclusion
Chapter 4 Market Dynamic
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
Chapter 5 Market Breakdown by Type
  • Introduction
  • Thz Imaging Systems
  • Passive Imaging Systems
  • Active Imaging Systems
  • Thz Spectroscopes
  • Thz Sensors
  • Thz Biochips
  • Moisture Detectors
  • Radar Sensors
  • Thz Communication Systems
  • Antennas
  • Emitters
  • Modulators
  • Filters
  • Thz Computing
  • Waveguides
  • Interconnects
  • Transistors
  • Therapeutic Devices
  • Thz Accelerators
Chapter 6 Market Breakdown by Application
  • Introduction
  • Security and Public Safety
  • Healthcare
  • Cancer Therapy
  • Manufacturing
  • Scientific Research
  • Military
  • Material Characterization
  • Automotive
  • Civilian Communications
  • Thz High-Performance Computing Interconnects
Chapter 7 Market Breakdown by Region
  • Total Global Value by Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
  • South America
  • Rest of the World
Chapter 8 Funding Outlook
  • Small Firms Funding Thz Radiation Systems
Chapter 9 Patent Analysis
  • Patent Analysis
  • Recent Key Granted Patents
Chapter 10 Competitive Landscape
  • Top Companies
  • Strategic Analysis
  • Product Launches and Developments
  • Acquisitions and Mergers
  • Expansions and Investments
  • Collaborations and Partnerships
  • Annual Sales
Chapter 11 Company Profiles
  • Ab Millimetre
  • Advantest Corp.
  • Agiltron Inc.
  • Alpes Lasers Sa
  • Applied Research and Photonics Inc.
  • Becker Photonik GmbH
  • Bridge12 Technologies Inc.
  • Broadband Inc.
  • Bruker Corp.
  • Canon Inc.
  • Coherent Inc.
  • Emcore Corp.
  • Gentec Electro-Optics Inc.
  • Innovative Photonic Solutions Inc.
  • Insight Product Co.
  • Longwave Photonics LLC
  • M Squared Lasers Ltd.
  • Macom Technology Solutions Holdings Inc.
  • Menlo Systems GmbH
  • Microtech Instruments Inc.
  • Northrop Grumman Corp.
  • Np Photonics
  • Ophir Optronics Solutions Ltd.
  • Qmc Instruments Ltd.
  • Sciencetech Inc.
  • Teledyne Technologies Inc.
  • Tera
  • Teraphysics Corp.
  • Terasense Group Inc.
  • Teraview, Ltd.
  • Thruvision Ltd.
  • Toptica Photonics AG
  • Virginia Diodes Inc.
List of Tables
Summary Table: Global Market for THz Radiation Systems, by Region, Through 2028
Table 1: THz Imaging System Providers
Table 2: THz Spectroscope Providers
Table 3: THz Sensor Providers
Table 4: THz Communication System Providers
Table 5: THz Computing Providers
Table 6: THz Therapeutic Device Providers
Table 7: THz Accelerator Provider
Table 8: Porter's Five Forces Analysis: Overview
Table 9: Global Market for THz Radiation Systems, by Type, Through 2028
Table 10: Global Market for THz Imaging Systems, by Region, Through 2028
Table 11: Global Market for THz Imaging Systems, by Application, Through 2028
Table 12: Global Market for THz Spectroscopes, by Region, Through 2028
Table 13: Global Market for THz Spectroscopes, by Application, Through 2028
Table 14: Global Market for THz Sensors, by Region, Through 2028
Table 15: Global Market for THz Sensors, by Application, Through 2028
Table 16: Global Market for THz Communication Systems, by Region, Through 2028
Table 17: Global Market for THz Communication Systems, by Application, Through 2028
Table 18: Global Market for Military THz Communication Systems, by End Use, Through 2028
Table 19: Global Market for Civilian THz Communication Systems, by End Use, Through 2028
Table 20: Global Market for THz Computing, by Region, Through 2028
Table 21: Global Market for THz Computing, by Application, Through 2028
Table 22: Global Market for Therapeutic Devices, by Region, Through 2028
Table 23: Global Market for Therapeutic Devices, by Application, Through 2028
Table 24: Global Market for THz Accelerators, by Region, Through 2028
Table 25: Global Market for THz Accelerators, by Application, Through 2028
Table 26: Global Market for THz Radiation Systems, by Application, Through 2028
Table 27: Global Market for Security and Public Safety Applications of THz Radiation Systems, by Region, Through 2028
Table 28: Global Market for Security and Public Safety Applications of THz Radiation Systems, by Type, Through 2028
Table 29: Global Market for Healthcare Industry Applications of THz Radiation Systems, by Region, Through 2028
Table 30: Global Market for Healthcare Industry Applications of THz Radiation Systems, by Type, Through 2028
Table 31: Global Market for Manufacturing Industry Applications of THz Radiation Systems, by Region, Through 2028
Table 32: Global Market for Manufacturing Industry Applications of THz Radiation Systems, by Type, Through 2028
Table 33: Global Market for Scientific Research Industry Applications of THz Radiation Systems, by Region, Through 2028
Table 34: Global Market for Scientific Research Industry Applications of THz Radiation Systems, by Type, Through 2028
Table 35: Global Market for Military Industry Applications of THz Radiation Systems, by Region, Through 2028
Table 36: Global Market for Military Industry Applications of THz Radiation Systems, by Type, Through 2028
Table 37: Global Market for Material Characterization Industry Applications of THz Radiation Systems, by Region, Through 2028
Table 38: Global Market for Material Characterization Industry Applications of THz Radiation Systems, by Type, Through 2028
Table 39: Global Market for Automotive Industry Applications of THz Radiation Systems, by Region, Through 2028
Table 40: Global Market for Automotive Industry Applications of THz Radiation Systems, by Type, Through 2028
Table 41: Global Market for Civilian Communications Industry Applications of THz Radiation Systems, by Region, Through 2028
Table 42: Global Market for Civilian Communications Industry Applications of THz Radiation Systems, by Type, Through 2028
Table 43: Global Market for THz High-Performance Computing Interconnects Industry Applications of THz Radiation Systems, by Region, Through 2028
Table 44: Global Market for THz High-Performance Computing Interconnects Industry Applications of THz Radiation Systems, by Type, Through 2028
Table 45: Global Market for THz Radiation Systems, by Region, Through 2028
Table 46: North American Market for THz Radiation Systems, by Type, Through 2028
Table 47: North American Market for THz Radiation Systems, by Application, Through 2028
Table 48: North American Market for THz Radiation Systems, by Country, Through 2028
Table 49: European Market for THz Radiation Systems, by Type, Through 2028
Table 50: European Market for THz Radiation Systems, by Application, Through 2028
Table 51: European Market for THz Radiation Systems, by Country, Through 2028
Table 52: Asia-Pacific Market for THz Radiation Systems, by Type, Through 2028
Table 53: Asia-Pacific Market for THz Radiation Systems, by Application, Through 2028
Table 54: Asia-Pacific Market for THz Radiation Systems, by Country, Through 2028
Table 55: South American Market for THz Radiation Systems, by Type, Through 2028
Table 56: South American Market for THz Radiation Systems, by Application, Through 2028
Table 57: South American Market for THz Radiation Systems, by Country, Through 2028
Table 58: Rest of the World Market for THz Radiation Systems, by Type, Through 2028
Table 59: Rest of the World Market for THz Radiation Systems, by Application, Through 2028
Table 60: Rest of the World Market for THz Radiation Systems, by Country, Through 2028
Table 61: Small Firms Fundings THz Radiation Systems, January 2022 and May 2023
Table 62: THz Radiation System Patents Share, by Company, 2022
Table 63: Global Market for THz Radiation Systems, Product Launch, by Major Players, 2019-2023*
Table 64: Global Market for THz Radiation Systems, Mergers and Acquisitions, by Major Players, 2019-2023
Table 65: AB Millimetre: Product Portfolio
Table 66: Advantest Corp.: Company Snapshot
Table 67: Advantest Corp.: Key Management
Table 68: Advantest Corp.: Product Portfolio
Table 69: Advantest Corp.: Company Financials, FY 2019-2021
Table 70: Advantest Corp.: Recent Developments, 2019-2023*
Table 71: Agiltron Inc.: Product Portfolio
Table 72: Alpes Lasers SA: Product Portfolio
Table 73: Applied Research and Photonics Inc.: Product Portfolio
Table 74: Becker Photonik GmbH: Product Portfolio
Table 75: Bridge12 Technologies Inc.: Key Management
Table 76: Bridge12 Technologies Inc.: Product Portfolio
Table 77: Broadband Inc.: Product Portfolio
Table 78: Bruker Corp.: Company Snapshot
Table 79: Bruker Corp.: Key Management
Table 80: Bruker Corp.: Product Portfolio
Table 81: Bruker Corp.: Company Financials, FY 2019-2021
Table 82: Canon Inc.: Company Snapshot
Table 83: Canon Inc.: Key Management
Table 84: Canon Inc.: Product Portfolio
Table 85: Canon Inc.: Company Financials, FY 2020-2022
Table 86: Canon Inc.: Recent Developments, 2020-2023*
Table 87: Coherent Inc.: Company Snapshot
Table 88: Coherent Inc.: Key Management
Table 89: Coherent Inc.: Product Portfolio
Table 90: Coherent Inc.: Company Financials, FY 2020-2022
Table 91: Coherent Inc.: Recent Developments, 2019-2022
Table 92: EMCORE Corp.: Company Snapshot
Table 93: EMCORE Corp.: Key Management
Table 94: EMCORE Corp.: Product Portfolio
Table 95: EMCORE Corp.: Company Financials, FY 2020-2022
Table 96: Gentec Electro-Optics Inc.: Product Portfolio
Table 97: Innovative Photonic Solutions Inc.: Product Portfolio
Table 98: Insight Product Co.: Product Portfolio
Table 99: Longwave Photonics LLC: Product Portfolio
Table 100: M Squared Lasers Ltd.: Key Management
Table 101: M Squared Lasers Ltd.: Product Portfolio
Table 102: MACOM Technology Solutions Holdings Inc.: Company Snapshot
Table 103: MACOM Technology Solutions Holdings Inc.: Key Management
Table 104: MACOM Technology Solutions Holdings Inc.: Product Portfolio
Table 105: MACOM Technology Solutions Holdings Inc.: Company Financials, FY 2020-2022
Table 106: Menlo Systems GmbH: Partners
Table 107: Menlo Systems GmbH: Product Portfolio
Table 108: Microtech Instruments Inc.: Product Portfolio
Table 109: Northrop Grumman Corp.: Company Snapshot
Table 110: Northrop Grumman Corp.: Key Management
Table 111: Northrop Grumman Corp.: Product Portfolio
Table 112: Northrop Grumman Corp.: Company Financials, FY 2020-2022
Table 113: NP Photonics: Key Management
Table 114: NP Photonics: Product Portfolio
Table 115: Ophir Optronics Solutions Ltd.: Product Portfolio
Table 116: QMC Instruments Ltd.: Key Management
Table 117: QMC Instruments Ltd.: Product Portfolio
Table 118: Sciencetech Inc.: Product Portfolio
Table 119: Teledyne Technologies Inc.: Product Portfolio
Table 120: TERA: Key Management
Table 121: TERA: Product Portfolio
Table 122: Teraphysics Corp.: Key Management
Table 123: Teraphysics Corp.: Product Portfolio
Table 124: Terasense Group Inc.: Distributing Partners
Table 125: Terasense Group Inc.: Product Portfolio
Table 126: TeraView Ltd.: Product Portfolio
Table 127: Thruvision Ltd.: Company Snapshot
Table 128: Thruvision Ltd.: Key Management
Table 129: Thruvision Ltd.: Product Portfolio
Table 130: Thruvision Ltd.: Company Financials, FY 2019-2021
Table 131: TOPTICA Photonics AG: Key Management
Table 132: TOPTICA Photonics AG: Product Portfolio
Table 133: Virginia Diodes Inc.: Distributing Partners
Table 134: Virginia Diodes Inc.: Product Portfolio

List of Figures
Summary Figure: Global Market Shares of THz Radiation Systems, by Region, 2022
Figure 1: Market for THz Radiation Systems: Upstream Value Chain Analysis
Figure 2: Market for THz Radiation Systems: Downstream Value Chain Analysis
Figure 3: Market for THz Radiation Systems: Porter's Five Forces Analysis
Figure 4: Market for THz Radiation Systems: Power of Buyers
Figure 5: Market for THz Radiation Systems: Power of Suppliers
Figure 6: Market for THz Radiation Systems: Threat of New Entrants
Figure 7: Market for THz Radiation Systems: Threat of Substitutes
Figure 8: Market for THz Radiation Systems: Degree of Competition
Figure 9: Key Factors Impacting the Market for THz Radiation Systems
Figure 10: Global Market Shares of THz Radiation Systems, by Type, 2022
Figure 11: Global Market Shares of THz Radiation Systems, by Type, 2028
Figure 12: Global Market Shares of THz Imaging Systems, by Region, 2022
Figure 13: Global Market Shares of THz Imaging Systems, by Region, 2028
Figure 14: Global Market Shares of THz Imaging Systems, by Application, 2022
Figure 15: Global Market Shares of THz Imaging Systems, by Application, 2028
Figure 16: Global Market Shares of THz Spectroscopes, by Region, 2022
Figure 17: Global Market Shares of THz Spectroscopes, by Region, 2028
Figure 18: Global Market Shares of THz Spectroscopes, by Application, 2022
Figure 19: Global Market Shares of THz Spectroscopes, by Application, 2028
Figure 20: Global Market Shares of THz Sensors, by Region, 2022
Figure 21: Global Market Shares of THz Sensors, by Region, 2028
Figure 22: Global Market Shares of THz Sensors, by Application, 2022
Figure 23: Global Market Shares of THz Sensors, by Application, 2028
Figure 24: Global Market Shares of THz Communication Systems, by Region, 2022
Figure 25: Global Market Shares of THz Communication Systems, by Region, 2028
Figure 26: Global Market Shares of THz Communication Systems, by Application, 2022
Figure 27: Global Market Shares of THz Communication Systems, by Application, 2028
Figure 28: Global Market Shares of Military THz Communication Systems, by End Use, 2022
Figure 29: Global Market Shares of Military THz Communication Systems, by End Use, 2028
Figure 30: Global Market Shares of THz Computing, by Region, 2022
Figure 31: Global Market Shares of THz Computing, by Region, 2028
Figure 32: Global Market Shares of Therapeutic Devices, by Region, 2022
Figure 33: Global Market Shares of Therapeutic Devices, by Region, 2028
Figure 34: Global Market Shares of Therapeutic Devices, by Region, 2028
Figure 35: Global Market Shares of THz Accelerators, by Region, 2028
Figure 36: Global Market Shares of THz Accelerators, by Application, 2022
Figure 37: Global Market Shares of THz Accelerators, by Application, 2028
Figure 38: Global Market Shares of THz Radiation Systems, by Application, 2022
Figure 39: Global Market Shares of THz Radiation Systems, by Application, 2028
Figure 40: Global Market Shares of Security and Public Safety Applications of THz Radiation Systems, by Region, 2022
Figure 41: Global Market Shares of Security and Public Safety Applications of THz Radiation Systems, by Region, 2028
Figure 42: Global Market Shares of Security and Public Safety Applications of THz Radiation Systems, by Type, 2022
Figure 43: Global Market Shares of Security And Public Safety Applications of THz Radiation Systems, by Type, 2028
Figure 44: Global Market Shares of Healthcare Industry Applications of THz Radiation Systems, by Region, 2022
Figure 45: Global Market Shares of Healthcare Industry Applications of THz Radiation Systems, by Region, 2028
Figure 46: Global Market Shares of Healthcare Industry Applications of THz Radiation Systems, by Type, 2022
Figure 47: Global Market Shares of Healthcare Industry Applications of THz Radiation Systems, by Type, 2028
Figure 48: Global Market Shares of Manufacturing Industry Applications of THz Radiation Systems, by Region, 2022
Figure 49: Global Market Shares of Manufacturing Industry Applications of THz Radiation Systems, by Region, 2028
Figure 50: Global Market Shares of Manufacturing Industry Applications of THz Radiation Systems, by Type, 2022
Figure 51: Global Market Shares of Manufacturing Industry Applications of THz Radiation Systems, by Type, 2028
Figure 52: Global Market Shares of Scientific Research Industry Applications of THz Radiation Systems, by Region, 2022
Figure 53: Global Market Shares of Scientific Research Industry Applications of THz Radiation Systems, by Region, 2028
Figure 54: Global Market Shares of Scientific Research Industry Applications of THz Radiation Systems, by Type, 2022
Figure 55: Global Market Shares of Scientific Research Industry Applications of THz Radiation Systems, by Type, 2028
Figure 56: Global Market Shares of Military Industry Applications of THz Radiation Systems, by Region, 2022
Figure 57: Global Market Shares of Military Industry Applications of THz Radiation Systems, by Region, 2028
Figure 58: Global Market Shares of Military Industry Applications of THz Radiation Systems, by Type, 2022
Figure 59: Global Market Shares of Military Industry Applications of THz Radiation Systems, by Type, 2028
Figure 60: Global Market Shares of Material Characterization Industry Applications of THz Radiation Systems, by Region, 2022
Figure 61: Global Market Shares of Material Characterization Industry Applications of THz Radiation Systems, by Region, 2028
Figure 62: Global Market Shares of Automotive Industry Applications of THz Radiation Systems, by Region, 2022
Figure 63: Global Market Shares of Automotive Industry Applications of THz Radiation Systems, by Region, 2028
Figure 64: Global Market Shares of Civilian Communications Industry Applications of THz Radiation Systems, by Region, 2022
Figure 65: Global Market Shares of Civilian Communications Industry Applications of THz Radiation Systems, by Region, 2028
Figure 66: Global Market Shares of THz High-Performance Computing Interconnects Industry Applications of THz Radiation Systems, by Region, 2022
Figure 67: Global Market Shares of THz High-Performance Computing Interconnects Industry Applications of THz Radiation Systems, by Region, 2028
Figure 68: Global Market for THz Radiation Systems, by Region
Figure 69: Global Market Shares of THz Radiation Systems, by Region, 2022
Figure 70: Global Market Shares of THz Radiation Systems, by Region, 2028
Figure 71: U.S. Market for THz Radiation Systems, 2022-2028
Figure 72: Canadian Market for THz Radiation Systems, 2022-2028
Figure 73: Mexican Market for THz Radiation Systems, 2022-2028
Figure 74: U.K. Market for THz Radiation Systems, 2022-2028
Figure 75: German Market for THz Radiation Systems, 2022-2028
Figure 76: French Market for THz Radiation Systems, 2022-2028
Figure 77: Rest of European Market for THz Radiation Systems, 2022-2028
Figure 78: Chinese Market for THz Radiation Systems, 2022-2028
Figure 79: Japanese Market for THz Radiation Systems, 2022-2028
Figure 80: Indian Market for THz Radiation Systems, 2022-2028
Figure 81: Rest of Asia-Pacific Market for THz Radiation Systems, 2022-2028
Figure 82: Small Firms Funding THz Radiation Systems Industry, by Year and Various Rounds, 2021 and 2022
Figure 83: Distribution Share of Small Firms Funding Amount, by Year and Various Rounds, 2021 and 2022
Figure 84: Number of Patents, by Year, 2018 to April 2023
Figure 85: THz Radiation System Patents, by Region, 2022
Figure 86: Shares of the Most Followed Strategies of Global Market for THz Radiation Systems, 2019-2023*
Figure 87: Global Market Shares of THz Companies Segmented, by Total Annual Revenues, 2022
Figure 88: Global Market Shares of THz Companies Segmented, by Type of Ownership, 2022
Figure 89: Advantest Corp.: Sales Share, by Business Segment, 2022
Figure 90: Bruker Corp.: Sales Share, by Business Segment, 2021
Figure 91: Bruker Corp.: Sales Share, by Region, 2021
Figure 92: Canon Inc.: Sales Share, by Business Segment, 2022
Figure 93: Canon Inc.: Sales Share, by Region/Country, 2022
Figure 94: Coherent Inc.: Sales Share, by Business Segment, 2022
Figure 95: Coherent Inc.: Sales Share, by Market Type, 2022
Figure 96: Coherent Inc.: Sales Share, by Region/Country, 2022
Figure 97: EMCORE Corp.: Sales Share, by Business Segment, 2022
Figure 98: EMCORE Corp.: Sales Share, by Product, 2022
Figure 99: EMCORE Corp.: Sales Share, by Region/Country, 2022
Figure 100: MACOM Technology Solutions Holdings Inc.: Sales Share, by Market Type, 2022
Figure 101: MACOM Technology Solutions Holdings Inc.: Sales Share, by Region/Country, 2022
Figure 102: Northrop Grumman Corp.: Sales Share, by Business Segment, 2022
Figure 103: Northrop Grumman Corp.: Sales Share, by Region, 2022
Figure 104: Thruvision Ltd.: Sales Share, by Business Segment, 2021
Figure 105: Thruvision Ltd.: Sales Share, by Sector, 2021
Figure 106: Thruvision Ltd.: Sales Share, by Region/Country, 2021

Executive Summary

This report examines the way in which the THz radiation systems market is changing and how it has evolved. This analysis includes a detailed survey of new organizations in the market as well as existing organizations. At the industry level, the publisher identifies, examines, describes, and provides global and regional market sizes for 2022 and forecasts demand from 2023 through 2028.

Terahertz (THz) radiation is a class of electromagnetic waves with frequencies between 0.3 and 3 THz, although some sources place the upper limit at 30 THz. THz radiation is also known as submillimeter radiation, THz waves, tremendously high frequency (THF), T-rays, T-waves, T-light, or simply THz. One THz is equivalent to 1,000 GHz or 1,012 Hz. The wavelengths of radiation in the THz range are 1 mm to 0.1 mm = 100 microns. THz technology is a young and developing field that has experienced significant scientific advancements and has the potential to develop applications ranging from airport passenger scanning to huge digital data transfers.

THz radiation devices for biomedical spectroscopy and imaging can produce and detect electromagnetic waves in pulsed or continuous wave (CW) forms. Numerous opportunities are presented by advancements in THz device technology, including the creation of THz pulse for spectroscopy applications using a NIR laser, submicron scale lithography, low loss waveguide circuits, and silicon micromachining, which is used for compact and integrated packing.

THz devices and systems can speed up the development of in vitro diagnostic medical devices (IVDs), which enable quick disease detection from sample specimens like body fluid, blood, or breath and are capable of quickly differentiating minute amounts of specimen, such as proteins, nucleic acids, or different metabolites, at the molecular level. THz radiation equipment is also widely utilized for imaging cancer tissues, since early cancer detection increases survival rates and lowers the dangers associated with difficult surgery combined with more advanced-stage cancer treatments.

Companies Mentioned

  • Ab Millimetre
  • Advantest Corp.
  • Agiltron Inc.
  • Alpes Lasers Sa
  • Applied Research and Photonics Inc.
  • Becker Photonik GmbH
  • Bridge12 Technologies Inc.
  • Broadband Inc.
  • Bruker Corp.
  • Canon Inc.
  • Coherent Inc.
  • Emcore Corp.
  • Gentec Electro-Optics Inc.
  • Innovative Photonic Solutions Inc.
  • Insight Product Co.
  • Longwave Photonics LLC
  • M Squared Lasers Ltd.
  • Macom Technology Solutions Holdings Inc.
  • Menlo Systems GmbH
  • Microtech Instruments Inc.
  • Northrop Grumman Corp.
  • Np Photonics
  • Ophir Optronics Solutions Ltd.
  • Qmc Instruments Ltd.
  • Sciencetech Inc.
  • Teledyne Technologies Inc.
  • Tera
  • Teraphysics Corp.
  • Terasense Group Inc.
  • Teraview, Ltd.
  • Thruvision Ltd.
  • Toptica Photonics AG
  • Virginia Diodes Inc.

Table Information

Report AttributeDetails
No. of Pages236
PublishedJune 2023
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 795.7 Million
Forecasted Market Value ( USD ) by 2028 $ 1894.5 Million
Compound Annual Growth Rate18.9%
Regions CoveredGlobal
No. of Companies Mentioned33

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