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Terahertz Technology Market by Type (Terahertz Imaging, Terahertz Spectroscopy, and Terahertz Communication Systems), Technology (Terahertz Source and Terahertz Detector), Application & Region - Analysis & Forecast to 2022

Terahertz Technology Market by Type (Terahertz Imaging, Terahertz Spectroscopy, and Terahertz Communication Systems), Technology (Terahertz Source and Terahertz Detector), Application & Region - Analysis & Forecast to 2022

“Increase in demand for terahertz technology-based products in the defense & homeland security and medical sectors and high adoption rate of these products for laboratory research applications are driving the growth of the global terahertz technology market”
The global terahertz technology market is expected to reach USD 489.8 million by 2022, growing at a CAGR of 31.83% between 2016 and 2022. The main drivers of the growth of this market include the increasing adoption of terahertz technology-based products for laboratory research applications in various universities & research firms globally and the growing demand for these products in various cancer treatment institutes & hospitals worldwide for more informative results.

“APAC is a major market for terahertz technology”
The commercialization of the applications of terahertz technology is in its introductory stages in the developing economies of APAC. However, countries such as China, India, and Japan are increasingly taking initiatives, such as heavy investments in R&D, to encourage the adoption of terahertz technology, which is expected to boost the demand for terahertz technology-based products in the region in the near future.

“The market for laboratory research applications is estimated to grow at the highest CAGR during the forecast period”
The market for laboratory research applications is expected to grow at the highest CAGR between 2016 and 2022; it held the largest share of the overall terahertz technology market in 2015. The continuous developments in the technology due to focused research carried out in various universities worldwide create more opportunities for the adoption of terahertz technology for various new applications such as food quality inspection. However, for such researches, there is a need for more precise products. This requirement proves to be the key driving factor for the growth of the market for laboratory research applications.

Breakdown of profile of primary participants:
By Designation: C-Level - 10%, Director Level - 40%, and Others - 50%
By Region: North America - 60%, Europe - 25%, APAC - 10%, and RoW - 5%
The increase in demand for terahertz technology-based products for processing applications in the food industry provides a huge opportunity for the terahertz technology market to grow. The use of THz technology facilitates the users with larger bandwidth and therefore higher transmission rate as compared to microwave communications, without any need to switch to a different set of hardware such as lasers for optical communications. Due to this property, the terahertz technology-based products can be used in satellite communication applications as well.
The terahertz technology market is dominated by players such as Advantest Corporation (Japan), TeraView (U.K.), Menlo Systems GmbH (Germany), Acal Plc (U.K.), and Microtech Instrument Inc. (U.S.) among others

Reasons to buy the report:
This report includes the market statistics pertaining to type, application, and region along with their respective market size.
The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the global terahertz technology market.
Major drivers, restraints, challenges, and opportunities for the terahertz technology market have been detailed in this report.
Illustrative segmentation, analysis, and forecast for markets based on type, application, and region have been conducted to give an overall view of the global terahertz technology market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS - TERAHERTZ TECHNOLOGY MARKET
    • TERAHERTZ TECHNOLOGY MARKET, 2016-2022 (USD MILLION)
    • MARKET IN APAC TO EXHIBIT SIGNIFICANT GROWTH DURING THE FORECAST PERIOD
    • TERAHERTZ TECHNOLOGY MARKET, SEGMENT-WISE MARKET SHARE: 2016
    • TERAHERTZ TECHNOLOGY MARKET, BY TYPE
    • TERAHERTZ COMMUNICATION MARKET, BY APPLICATION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • TERAHERTZ TECHNOLOGY MARKET, BY TYPE
      • TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION
      • TERAHERTZ TECHNOLOGY MARKET: BY TECHNOLOGY
      • TERAHERTZ TECHNOLOGY MARKET, BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
        • Table INCREASED DEMAND FROM DEFENSE, HOMELAND SECURITY, AND MEDICAL SECTORS CONTRIBUTING TO THE GROWTH OF THE TERAHERTZ TECHNOLOGY MARKET
      • RESTRAINTS
        • Table SLOW ADOPTION RATE OF TERAHERTZ TECHNOLOGY DUE TO THE LACK OF AWARENESS
      • OPPORTUNITIES
        • Table USE OF TERAHERTZ TECHNOLOGY FOR SATELLITE COMMUNICATION AND COMPUTING
      • CHALLENGES
        • Table DEVELOPMENT OF EFFICIENT TERAHERTZ SOURCES AND DETECTORS FOR ACCURACY AND RELIABILITY OF PRODUCTS
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • DEGREE OF COMPETITION
  • TERAHERTZ TECHNOLOGY MARKET, BY TYPE
    • INTRODUCTION
      • Table TERAHERTZ TECHNOLOGY MARKET SIZE, BY TYPE, 2014-2022 (USD MILLION)
    • TERAHERTZ IMAGING
      • ACTIVE TERAHERTZ IMAGING SYSTEMS
      • PASSIVE TERAHERTZ IMAGING SYSTEMS
    • TERAHERTZ SPECTROSCOPY
      • TERAHERTZ TIME DOMAIN SPECTROSCOPY
      • TERAHERTZ FREQUENCY DOMAIN SPECTROSCOPY
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY, BY APPLICATION, 2014-2022 (USD MILLION)
    • TERAHERTZ COMMUNICATION SYSTEMS
      • ANTENNAS
      • EMITTERS
      • MODULATORS
        • Table TERAHERTZ TECHNOLOGY MARKET FOR COMMUNICATION, BY APPLICATION, 2014-2022 (USD MILLION)
  • TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION
    • INTRODUCTION
    • TERAHERTZ IMAGING & SPECTROSCOPY APPLICATIONS
      • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • LABORATORY RESEARCH
        • Table TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH, BY REGION, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH IN NORTH AMERICA, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH IN EUROPE, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH IN APAC, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH IN ROW, BY REGION, 2014-2022 (USD THOUSAND)
      • MEDICAL & HEALTHCARE
        • Table TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE, BY REGION, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE APPLICATIONS IN NORTH AMERICA, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE APPLICATIONS IN EUROPE, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE APPLICATIONS IN APAC, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE APPLICATIONS IN ROW, BY REGION, 2014-2022 (USD THOUSAND)
      • MILITARY AND HOMELAND SECURITY
        • Table TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY, BY REGION, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY IN NORTH AMERICA, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY IN EUROPE, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY IN APAC, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY IN ROW, BY REGION, 2014-2022 (USD THOUSAND)
      • INDUSTRIAL NON-DESTRUCTIVE TESTING (NDT)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT, BY REGION, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT IN NORTH AMERICA, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT IN EUROPE, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT IN APAC, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT IN ROW, BY REGION, 2014-2022 (USD THOUSAND)
    • TERAHERTZ COMMUNICATION SYSTEM APPLICATIONS
      • Table TERAHERTZ TECHNOLOGY MARKET FOR COMMUNICATION, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • SATELLITE COMMUNICATION
        • Table TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION, BY REGION, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION IN NORTH AMERICA, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION IN EUROPE, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION IN APAC, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION IN ROW, BY REGION, 2014-2022 (USD THOUSAND)
      • TACTICAL/MILITARY COMMUNICATION
        • Table TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATION, BY REGION, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATION IN NORTH AMERICA, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATION IN EUROPE, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATION IN APAC, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATION IN ROW, BY REGION, 2014-2022 (USD THOUSAND)
      • OUTDOOR/INDOOR WIRELESS COMMUNICATION
        • Table TERAHERTZ TECHNOLOGY MARKET FOR INDOOR/OUTDOOR WIRELESS COMMUNICATION, BY REGION, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR INDOOR/OUTDOOR WIRELESS COMMUNICATION IN NORTH AMERICA, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR INDOOR/OUTDOOR WIRELESS COMMUNICATION IN EUROPE, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR INDOOR/OUTDOOR WIRELESS COMMUNICATION IN APAC, BY COUNTRY, 2014-2022 (USD THOUSAND)
        • Table TERAHERTZ TECHNOLOGY MARKET FOR INDOOR/OUTDOOR WIRELESS COMMUNICATION IN ROW, BY REGION, 2014-2022 (USD THOUSAND)
  • TERAHERTZ TECHNOLOGY: SOURCES AND DETECTORS
    • INTRODUCTION
    • THZ SOURCE
      • QUANTUM-CASCADE LASER (QCL)
      • FREQUENCY MULTIPLIER
      • GLOBAR
      • PHOTOCONDUCTIVE ANTENNA (PCA)
      • STIMULATED TERAHERTZ AMPLIFIED RADIATION (STAR)
    • DETECTOR
      • SCHOTTKY DIODE
      • HIGH ELECTRON MOBILITY TRANSISTOR (HEMT)
      • NANOWIRE
      • PYROELECTRIC DETECTOR
      • GOLAY CELL
      • BOLOMETER AND SUPERCONDUCTIVE HOT-SPOT AIR-BRIDGE BOLOMETER (SHAB)
  • TERAHERTZ TECHNOLOGY MARKET, BY REGION
    • INTRODUCTION
      • Table TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2014-2022 (USD THOUSAND)
    • NORTH AMERICA
      • Table NORTH AMERICA TERAHERTZ TECHNOLOGY MARKET, BY COUNTRY, 2014-2022 (USD THOUSAND)
      • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN NORTH AMERICA, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • U.S.
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN THE U.S., BY APPLICATION, 2014-2022 (USD THOUSAND)
      • CANADA
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN CANADA, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • MEXICO
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN MEXICO, BY APPLICATION, 2014-2022 (USD THOUSAND)
    • EUROPE
      • Table TERAHERTZ TECHNOLOGY MARKET IN EUROPE, BY COUNTRY, 2014-2022 (USD THOUSAND)
      • Table EUROPE TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • U.K.
        • Table U.K. TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • GERMANY
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN GERMANY, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • FRANCE
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN FRANCE, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • ITALY
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN ITALY, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • SPAIN
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN SPAIN, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • REST OF EUROPE
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN REST OF EUROPE, BY APPLICATION, 2014-2022 (USD THOUSAND)
    • APAC
      • Table TERAHERTZ TECHNOLOGY MARKET IN APAC, BY COUNTRY, 2014-2022 (USD THOUSAND)
      • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN APAC, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • CHINA
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN CHINA, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • JAPAN
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN JAPAN, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • INDIA
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN INDIA, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • SOUTH KOREA
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN SOUTH KOREA, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • REST OF APAC
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN REST OF APAC, BY APPLICATION, 2014-2022 (USD THOUSAND)
    • ROW
      • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN ROW, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • SOUTH AMERICA
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN SOUTH AMERICA, BY APPLICATION, 2014-2022 (USD THOUSAND)
      • MIDDLE EAST AND AFRICA
        • Table TERAHERTZ TECHNOLOGY MARKET FOR IMAGING AND SPECTROSCOPY IN MIDDLE EAST AND AFRICA, BY APPLICATION, 2014-2022 (USD THOUSAND)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS: TERAHERTZ TECHNOLOGY MARKET (2015)
      • Table MARKET RANKING OF THE TOP 5 PLAYERS IN THE TERAHERTZ TECHNOLOGY MARKET, 2015
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2012-2015
      • PARTNERSHIPS & COLLABORATIONS
        • Table PARTNERSHIPS & COLLABORATIONS, 2012-2015
      • CONTRACTS & AGREEMENTS
        • Table CONTRACTS & AGREEMENTS, 2012-2015
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2012-2015
      • EXPANSIONS
        • Table EXPANSIONS, 2012-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • ADVANTEST CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TERAVIEW
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MENLO SYSTEMS GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ACAL PLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MICROTECH INSTRUMENT INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • DIGITAL BARRIERS PLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • TRAYCER
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • QMC INSTRUMENTS LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • GENTEC ELECTRO-OPTICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • DEL MAR PHOTONICS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • TERASENSE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • TOPTICA PHOTONICS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • INSIGHT PRODUCT CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ADVANCED PHOTONIX, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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