Terahertz Technology
Global Terahertz Technology Market to Reach $1.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Terahertz Technology estimated at US$220.1 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at aCAGR of 29% over the period 2020-2027. Terahertz Source, one of the segments analyzed in the report, is projected to record 29.2% CAGR and reach US$719.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Terahertz Detector segment is readjusted to a revised 28.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $66.1 Million, While China is Forecast to Grow at 28.1% CAGR
The Terahertz Technology market in the U.S. is estimated at US$66.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$223.8 Million by the year 2027 trailing a CAGR of 28.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 26% and 24.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 20.3% CAGR.We bring years of research experience to this 9th edition of our report. The 178-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- Biospace LAB
- Bruker Corporation
- Carl Zeiss Meditec AG
- Fluoptics
- Hamamatsu Photonics KK
- KARL STORZ SE & Co. KG
- LI-COR, Inc. (LI-COR Biosciences)
- Miltenyi Biotec GmbH
- Mizuho Corporation
- Novadaq Technologies, Inc.
- PerkinElmer, Inc.
- Promega Corporation
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- I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
- II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Global Competitor Market Shares
- Terahertz Technology Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Terahertz Technology Global Market Estimates and Forecasts in US$ by Region/Country: 2020-2027
- TABLE 2: Terahertz Technology Global Retrospective Market Scenario in US$ by Region/Country: 2012-2019
- TABLE 3: Terahertz Technology Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- TABLE 4: Terahertz Source (Technology) World Market by Region/Country in US$: 2020 to 2027
- TABLE 5: Terahertz Source (Technology) Historic Market Analysis by Region/Country in US$: 2012 to 2019
- TABLE 6: Terahertz Source (Technology) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
- TABLE 7: Terahertz Detector (Technology) Potential Growth Markets Worldwide in US$: 2020 to 2027
- TABLE 8: Terahertz Detector (Technology) Historic Market Perspective by Region/Country in US$: 2012 to 2019
- TABLE 9: Terahertz Detector (Technology) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
- TABLE 10: Terahertz Imaging Systems (Application) Global Market Estimates & Forecasts in US$ by Region/Country: 2020-2027
- TABLE 11: Terahertz Imaging Systems (Application) Retrospective Demand Analysis in US$ by Region/Country: 2012-2019
- TABLE 12: Terahertz Imaging Systems (Application) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
- TABLE 13: Terahertz Spectroscopy Systems (Application) Demand Potential Worldwide in US$ by Region/Country: 2020-2027
- TABLE 14: Terahertz Spectroscopy Systems (Application) Historic Sales Analysis in US$ by Region/Country: 2012-2019
- TABLE 15: Terahertz Spectroscopy Systems (Application) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
- TABLE 16: Terahertz Communication Systems (Application) Worldwide Latent Demand Forecasts in US$ by Region/Country: 2020-2027
- TABLE 17: Terahertz Communication Systems (Application) Global Historic Analysis in US$ by Region/Country: 2012-2019
- TABLE 18: Terahertz Communication Systems (Application) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Terahertz Technology Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- TABLE 19: Terahertz Technology Market in US$ in the United States by Technology: 2020-2027
- TABLE 20: United States Terahertz Technology Market Retrospective Analysis in US$ by Technology: 2012-2019
- TABLE 21: United States Terahertz Technology Market Share Breakdown by Technology: 2012 VS 2020 VS 2027
- TABLE 22: United States Terahertz Technology Latent Demand Forecasts in US$ by Application: 2020 to 2027
- TABLE 23: Terahertz Technology Historic Demand Patterns in the United States by Application in US$ for 2012-2019
- TABLE 24: Terahertz Technology Market Share Breakdown in the United States by Application: 2012 VS 2020 VS 2027
- CANADA
- TABLE 25: Terahertz Technology Market Analysis in Canada in US$ by Technology: 2020-2027
- TABLE 26: Terahertz Technology Market in Canada: Historic Review in US$ by Technology for the Period 2012-2019
- TABLE 27: Canadian Terahertz Technology Market Share Breakdown by Technology: 2012 VS 2020 VS 2027
- TABLE 28: Canadian Terahertz Technology Market Quantitative Demand Analysis in US$ by Application: 2020 to 2027
- TABLE 29: Terahertz Technology Market in Canada: Summarization of Historic Demand Patterns in US$ by Application for 2012-2019
- TABLE 30: Canadian Terahertz Technology Market Share Analysis by Application: 2012 VS 2020 VS 2027
- JAPAN
- TABLE 31: Japanese Medium & Long-Term Outlook for Terahertz Technology Market in US$ by Technology: 2020-2027
- TABLE 32: Terahertz Technology Market in Japan in US$ by Technology: 2012-2019
- TABLE 33: Japanese Terahertz Technology Market Percentage Share Distribution by Technology: 2012 VS 2020 VS 2027
- TABLE 34: Japanese Demand Estimates and Forecasts for Terahertz Technology in US$ by Application: 2020 to 2027
- TABLE 35: Japanese Terahertz Technology Market in US$ by Application: 2012-2019
- TABLE 36: Terahertz Technology Market Share Shift in Japan by Application: 2012 VS 2020 VS 2027
- CHINA
- TABLE 37: Terahertz Technology Market Estimates and Forecasts in China in US$ by Technology: 2020-2027
- TABLE 38: Chinese Terahertz Technology Retrospective Market Scenario in US$ by Technology: 2012-2019
- TABLE 39: Terahertz Technology Market in China: Percentage Share Analysis by Technology for 2012, 2020, and 2027
- TABLE 40: Chinese Demand for Terahertz Technology in US$ by Application: 2020 to 2027
- TABLE 41: Terahertz Technology Market Review in China in US$ by Application: 2012-2019
- TABLE 42: Chinese Terahertz Technology Market Share Breakdown by Application: 2012 VS 2020 VS 2027
- EUROPE
- Market Facts & Figures
- European Terahertz Technology Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
- TABLE 43: European Terahertz Technology Market Demand Scenario in US$ by Region/Country: 2020-2027
- TABLE 44: Terahertz Technology Market in Europe: A Historic Market Perspective in US$ by Region/Country for the Period 2012-2019
- TABLE 45: European Terahertz Technology Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
- TABLE 46: European Terahertz Technology Market Assessment in US$ by Technology: 2020-2027
- TABLE 47: European Terahertz Technology Historic Market Review in US$ by Technology: 2012-2019
- TABLE 48: Terahertz Technology Market in Europe: Percentage Breakdown of Sales by Technology for 2012, 2020, and 2027
- TABLE 49: European Terahertz Technology Addressable Market Opportunity in US$ by Application: 2020-2027
- TABLE 50: Terahertz Technology Market in Europe: Summarization of Historic Demand in US$ by Application for the Period 2012-2019
- TABLE 51: European Terahertz Technology Market Share Analysis by Application: 2012 VS 2020 VS 2027
- FRANCE
- TABLE 52: French Terahertz Technology Market Estimates and Projections in US$ by Technology: 2020-2027
- TABLE 53: French Terahertz Technology Historic Market Analysis in US$ by Technology: 2012-2019
- TABLE 54: French Terahertz Technology Market Share Breakdown by Technology: 2012 VS 2020 VS 2027
- TABLE 55: Terahertz Technology Quantitative Demand Analysis in France in US$ by Application: 2020-2027
- TABLE 56: French Terahertz Technology Historic Market Review in US$ by Application: 2012-2019
- TABLE 57: French Terahertz Technology Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027
- GERMANY
- TABLE 58: German Terahertz Technology Latent Demand Forecasts in US$ by Technology: 2020-2027
- TABLE 59: Terahertz Technology Market in Germany: A Historic Perspective by Technology in US$ for the Period 2012-2019
- TABLE 60: German Terahertz Technology Market Share Breakdown by Technology: 2012 VS 2020 VS 2027
- TABLE 61: Terahertz Technology Market in Germany: Annual Sales Estimates and Forecasts in US$ by Application for the Period 2020-2027
- TABLE 62: German Terahertz Technology Market in Retrospect in US$ by Application: 2012-2019
- TABLE 63: Terahertz Technology Market Share Distribution in Germany by Application: 2012 VS 2020 VS 2027
- ITALY
- TABLE 64: Terahertz Technology Market Estimates and Forecasts in Italy in US$ by Technology: 2020-2027
- TABLE 65: Italian Terahertz Technology Retrospective Market Scenario in US$ by Technology: 2012-2019
- TABLE 66: Terahertz Technology Market in Italy: Percentage Share Analysis by Technology for 2012, 2020, and 2027
- TABLE 67: Italian Demand for Terahertz Technology in US$ by Application: 2020 to 2027
- TABLE 68: Terahertz Technology Market Review in Italy in US$ by Application: 2012-2019
- TABLE 69: Italian Terahertz Technology Market Share Breakdown by Application: 2012 VS 2020 VS 2027
- UNITED KINGDOM
- TABLE 70: United Kingdom Medium & Long-Term Outlook for Terahertz Technology Market in US$ by Technology: 2020-2027
- TABLE 71: Terahertz Technology Market in the United Kingdom in US$ by Technology: 2012-2019
- TABLE 72: United Kingdom Terahertz Technology Market Percentage Share Distribution by Technology: 2012 VS 2020 VS 2027
- TABLE 73: United Kingdom Demand Estimates and Forecasts for Terahertz Technology in US$ by Application: 2020 to 2027
- TABLE 74: United Kingdom Terahertz Technology Market in US$ by Application: 2012-2019
- TABLE 75: Terahertz Technology Market Share Shift in the United Kingdom by Application: 2012 VS 2020 VS 2027
- REST OF EUROPE
- TABLE 76: Rest of Europe Terahertz Technology Market Assessment in US$ by Technology: 2020-2027
- TABLE 77: Rest of Europe Terahertz Technology Historic Market Review in US$ by Technology: 2012-2019
- TABLE 78: Terahertz Technology Market in Rest of Europe: Percentage Breakdown of Sales by Technology for 2012, 2020, and 2027
- TABLE 79: Rest of Europe Terahertz Technology Addressable Market Opportunity in US$ by Application: 2020-2027
- TABLE 80: Terahertz Technology Market in Rest of Europe: Summarization of Historic Demand in US$ by Application for the Period 2012-2019
- TABLE 81: Rest of Europe Terahertz Technology Market Share Analysis by Application: 2012 VS 2020 VS 2027
- ASIA-PACIFIC
- TABLE 82: Asia-Pacific Terahertz Technology Market Estimates and Projections in US$ by Technology: 2020-2027
- TABLE 83: Asia-Pacific Terahertz Technology Historic Market Analysis in US$ by Technology: 2012-2019
- TABLE 84: Asia-Pacific Terahertz Technology Historic Market Analysis in US$ by Technology: 2012 VS 2020 VS 2027
- TABLE 85: Terahertz Technology Quantitative Demand Analysis in Asia-Pacific in US$ by Application: 2020-2027
- TABLE 86: Asia-Pacific Terahertz Technology Historic Market Review in US$ by Application: 2012-2019
- TABLE 87: Asia-Pacific Terahertz Technology Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027
- REST OF WORLD
- TABLE 88: Terahertz Technology Market Analysis in Rest of World in US$ by Technology: 2020-2027
- TABLE 89: Terahertz Technology Market in Rest of World: Historic Review in US$ by Technology for the Period 2012-2019
- TABLE 90: Rest of World Terahertz Technology Market Share Breakdown by Technology: 2012 VS 2020 VS 2027
- TABLE 91: Rest of World Terahertz Technology Market Quantitative Demand Analysis in US$ by Application: 2020 to 2027
- TABLE 92: Terahertz Technology Market in Rest of World: Summarization of Historic Demand Patterns in US$ by Application for 2012-2019
- TABLE 93: Rest of World Terahertz Technology Market Share Analysis by Application: 2012 VS 2020 VS 2027
- IV. COMPETITION
- Total Companies Profiled: 46