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Worldwide Terahertz Industry to 2026 - by Sources, Terahertz Sensors, System Type, Applications, Devices and Geography -

DUBLIN--(BUSINESS WIRE)--The "Terahertz Market (2021 - 2026)" report has been added to's offering.

The market for Terahertz is forecast to reach $1,382.66 million by 2025, growing at a CAGR of 27.44% from 2020 to 2025.

Terahertz (THz) represents the portion of the electromagnetic radiation between the microwave and the infrared region. It is within the frequency range of 0.1-10 THz, corresponding to wavelengths of radiation from 3000 to 30 m. This technology is poised to be fast growing in the coming years owing to its properties such as high chemical sensitivity and non-ionizing property.

Key Takeaways

  • Americas is set to be the dominant region for Terahertz market owing to the high adoption of terahertz technology in defence sector.
  • Industrial NDT is analysed to be dominant segment in the terahertz market owing to the wide spread applications of terahertz technology in the non-destructive testing equipment.
  • Increasing demand from the security is analysed to be the key driver for the terahertz market.

Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Terahertz market. Terahertz market is expected to be dominated by major companies such as Advanced Photonix, Inc., Menlo Systems GmbH, Microtech Instruments, Inc., QMC Instruments Ltd., TeraView Limited, Toptica Photonics AG, Digital Barriers PLC, Advantest Corporation, Acal PLC, TeraSense Inc. among others.

Acquisitions/Technology Launches

  • In June 2018, TeraMetrix has launched New Products for the Non-Destructive Testing Market at ECNDT.
  • In February 2019, Advantest Corporation completes the acquisition of semiconductor level test business from Astronics Corporation.

Key Topics Covered:

1. Terahertz Market - Overview

2. Terahertz Market - Executive summary

2.1. Market Revenue, Market Size and Key Trends by Company

2.2. Key Trends by type of Application

2.3. Key Trends segmented by Geography

3. Terahertz Market

3.1. Comparative analysis

3.1.1. Product Benchmarking - Top 10 companies

3.1.2. Top 5 Financials Analysis

3.1.3. Market Value split by Top 10 companies

3.1.4. Patent Analysis - Top 10 companies

3.1.5. Pricing Analysis

4. Terahertz Market Forces

4.1. Drivers

4.2. Constraints

4.3. Challenges

4.4. Porters five force model

5. Terahertz Market -Strategic analysis

5.1. Value chain analysis

5.2. Opportunities analysis

5.3. Product life cycle

5.4. Suppliers and distributors Market Share

6. Terahertz Market - By Sources (Market Size -$Million / $Billion)

6.1. Market Size and Market Share Analysis

6.2. Application Revenue and Trend Research

6.3. Product Segment Analysis

6.3.1. Introduction

6.3.2. Natural Black body radiation

6.3.3. Artificial Gyrotron Backward wave oscillators(BWO) Far infrared laser(fir laser) Quantum cascade laser Free electron laser(Fel) Synchrotron light sources Photo-mixing sources Others Photoconductive Surface field Photo-dember Optical rectification emitters

7. Terahertz Market - By Terahertz sensors (Market Size -$Million / $Billion)

7.1. Schottky barrier diode

7.2. Golay cell

7.3. Microbolometer

7.4. Pyroelectric detector

7.5. Broadband antennas

7.6. High electron mobility transistor(HEMT)

7.7. Superconductive hot-spot air-bridge bolometer

8. Terahertz Market - By system type (Market Size -$Million / $Billion)

8.1. Systems based on spectroscopy

8.2. Systems based on imaging

8.3. Terahertz radar

8.4. Terahertz sensing

8.5. Emerging systems

8.6. Antennas

9. Terahertz Market - By Applications (Market Size -$Million / $Billion)

9.1. Industrial NDT

9.1.1. Chemical composition analysis and molecular structure

9.1.2. Composites QA/QC & Maintenance

9.1.3. Pharmaceutical products QC

9.1.4. Control of semiconductors

9.1.5. Thickness measurements

9.1.6. others

9.2. Defense and homeland security

9.2.1. Explosives and harmful materials point sensing

9.2.2. Bio/chemical agents detection

9.2.3. Weapons detection People scanning and imaging Baggage and package imaging

9.2.4. Mail scanning

9.3. Food and beverages

9.4. Biomedical

9.4.1. Oncology

9.4.2. Dentistry

9.4.3. Dermatology

9.4.4. Biosensors

9.4.5. Medical imaging

9.5. Telecommunications

9.5.1. High-speed outside communication

9.5.2. Broadband indoor communication

9.6. Banking and financial security

9.6.1. Authentication of important documents

9.6.2. Detect counterfeit money

9.7. Others

9.7.1. Atmospheric chemistry

9.7.2. Laboratory research applications

9.7.3. Astrophysics and radio-astronomy

10. Terahertz Market - By Devices (Market Size -$Million / $Billion)

10.1. Portable terahertz imaging systems

10.2. Cameras

10.3. Terahertz detectors

10.4. Generators

10.5. Terahertz sources

10.6. Spectroscopes

10.7. Communication devices

10.8. Computing devices

10.9. Other sensors

10.10. others

11. Terahertz - By Geography (Market Size -$Million / $Billion)

11.1. Terahertz Market - North America Segment Research

11.2. North America Market Research (Million / $Billion)

11.3. Terahertz - South America Segment Research

11.4. South America Market Research (Market Size -$Million / $Billion)

11.5. Terahertz - Europe Segment Research

11.6. Europe Market Research (Market Size -$Million / $Billion)

11.7. Terahertz - APAC Segment Research

11.8. APAC Market Research (Market Size -$Million / $Billion)

12. Terahertz Market - Entropy

12.1. New product launches

12.2. M&A's, collaborations, JVs and partnerships

13. Terahertz Market Company Analysis

14. Terahertz Market - Appendix

For more information about this report visit

Laura Wood, Senior Press Manager
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Last Updated: 06-May-2021