Analysts’ Viewpoint on Terahertz Components and Systems Market Scenario
Terahertz systems and components are widely used for high precision gauging and coating thickness measurement, which include measurement of density, basis weight, coating thickness, single and multilayer thickness, and structural integrity. These systems are widely deployed for threat material detection (for instance, explosives, weapons); biomedical applications (for instance, skin cancer detection); environmental sensing (especially gas detection); and detection of moisture content in consumer products. North America is expected to remain a key market, globally, owing to growing research & development activities across aerospace & defense, automotive, healthcare, and consumer electronics industries. Moreover, increasing research in telecommunication sector for the deployment of 5G and 6G is likely to propel the market. The market in Asia Pacific is projected to grow rapidly, owing to the growing investments in the industrial sector and adoption of 5G & 6G network by China. China is the largest hub for manufacturing, pharmaceutical, chemical, and electronics industries. These factors are anticipated to propel the demand for terahertz components and systems in the region. Thus, manufacturers of THz systems and components should develop innovative products and make these products available commercially.
The terahertz (THz) wave is an electromagnetic wave that has a spectrum range between microwave and the infrared. Terahertz waves have a frequency range of about 100 GHz to 10 THz, and wavelengths 3 mm to 30 µm. They are known as far-infrared or sub-millimeter waves. They also offer some advantages such as low energy, non-invasive, and high resolution and penetration. A key benefit of terahertz waves is that several materials that block visible and IR spectra; however, these can be appear to be transparent in the terahertz region.
Similar to X-ray images, terahertz wavelengths can penetrate through many non-conductive materials and can easily detect imperfections such as voids, cracks, and density variations. THz waves carry very low energies as compared to X-ray or UV radiation; they do not ionize and damage the material that is under observation. Thus, these waves are widely used for non-invasive imaging and non-destructive quality control. Terahertz systems are extensively deployed for non-destructive testing applications, which include NDT in aircraft & fiber-reinforced composites, ceramic coating thickness measurements, evaluation of seams, detection of voids, inspection & repair of pipelines, and automotive fuel tanks.
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Improvement in the terahertz (THz) technology is rapidly fueling its demand in various applications such as THz radars, high-rate communications, medical imaging, environmental monitoring, and space exploration. High cost associated with the production and packaging techniques used for terahertz systems poses a significant challenge for the cost-effective and large production of these components while making THZ systems. The current terahertz (THz) technology depends on conventional and expensive serial production and packaging techniques, such as computer numerical control (CNC) high-precision machine, which are fit only for high-end research instrumentation.
Currently, most available technologies have been focusing on frequencies below 100 GHz or higher than 10 THz. MEMS technology is anticipated to be of great importance for industrial utilization and large-scale scientific research applications that employ THz frequency. Advancements in the MEMS technology for terahertz frequency are projected to drive the terahertz components and systems market.
The adoption of the MEMS technology for developing terahertz components offers several benefits such as lightweight, low cost, low power consumption, and miniaturized components, which are important for detection, communication, and sensing applications. Thus, MEMS technology plays vital role in developing terahertz components and systems.
Currently, suitable testing and measuring techniques are still unable to cater to the requirement of process & quality control inspection and detection. Established methods based on ultrasound, thermography, X-ray, optics, and eddy current are effective in structural analysis and fault detection; however, these methods are limited for some applications such as non-destructive testing of foam, fiber reinforced plastics, and hollow structures.
The terahertz technology provides a new opportunity to overcome these limitations, and opens new ways of internal nondestructive testing owing to its excellent penetration capability through most of non-conductive materials such as ceramics, glass, foam, rubber, resin, paint, and composite materials, etc.
The demand of terahertz systems for non-destructive testing (NDT), especially in the aerospace & defense sector, is considerably high. Terahertz (THz) NDT imaging is one of most successful applications to detect defects in the sprayed on foam insulation (SOFI) layers on space shuttle fuel tank. This is estimated to increase the adoption of non-destructive testing in the aerospace & defense sector.
Moreover, non-destructive testing is used in security applications at airports, such as checking explosive, hazardous materials, guns, and other harmful weapons. This, in turn, propels the demand for non-destructive testing.
Researchers and industry players are also increasingly paying attention to the THz technology as a new cost-effective solution for non-destructive testing applications. Thus, increase in penetration of the terahertz technology in various non-destructive testing applications is expected to drive the global terahertz components and systems market during the forecast period.
In terms of component, the global terahertz components and systems market has been bifurcated into source modules and detector module. The source modules segment held a major share of around 64% of the market in 2021. The segment is projected to expand at a CAGR of 18% during the forecast period. This growth can be attributed to the extensive application of various source modules such as broadband THz source for THz spectroscopy and spatial mapping, and THz frequency comb generation. The source module comprises a photoconductive antenna, hyper-hemispherical silicon lens, and thermistor on the built-in bias circuit to deliver stable output. These source modules are available in various frequency ranges such as 100 GHz, 140 GHz, 200 GHz, 300 GHz, 600 GHz, etc. Key players are developing these source modules by utilizing various innovative technologies. Terasense Group Inc., has built terahertz sources with the aid of the IMPATT (Impact Ionization Avalanche Transit-Time Diode) technology integrated with protective isolator, TTL Modulation, and detachable horn antenna.
In terms of type, the global terahertz components and systems market has been classified into spectrometer, imaging systems, and communication systems. The imaging systems segment dominated the global terahertz components and systems market, and accounted for 47.6% share of the market in 2021. Furthermore, this segment is also expected to grow at a prominent CAGR of 18.2% during the forecast period.
Terahertz imaging system is being extensively deployed for use in various NDT applications such as detection of the debonding detects in the adhesive layer of thermal protection material, detection of cracks in ceramic materials, corrosion detection under paint, and detection of impact damages on polypropylene composite plates. Thus, all these factors are boosting the demand for THz imaging systems.
North America dominated the global terahertz components and systems market, and held around 38% share in 2021. The market in the region is estimated to grow at a CAGR of 17.9% during the forecast period. Rising investments in the development of terahertz components and systems, and technological advancements offer significant opportunities in the healthcare, pharma, and telecommunication sectors. Furthermore, mature economy, established infrastructure, and penetration of key market players in North America has propelled the market in the region.
The terahertz components and systems market in Asia Pacific and Europe is growing significantly. The regions held value shares of 23.4% and 29.6%, respectively, of the global market in 2021. Aerospace & defense, pharmaceutical, healthcare & life sciences, and semiconductors & electronics are major end-use industries of terahertz components and systems in these regions.
The market in Middle East & Africa is projected to grow at a moderate pace, and greater than the market in South America, at a CAGR of 16.4% during the forecast period.
The global terahertz components and systems market is consolidated with a number of large-scale and small scale vendors controlling majority of the market share. These firms are spending significantly on comprehensive research and development, primarily to develop innovative products. Diversification of product portfolios and mergers & acquisitions are the strategies adopted by key players.
Microtech Instruments Inc., Advantest Corporation, Bruker Corporation, EMCORE Corporation, TeraView Limited, Menlo Systems GmbH, Toptica Photonics AG, Luna Innovations Incorporated, Terasense Group Inc, and Applied Research & Photonics, Inc. are the prominent entities operating in this market.
Each of these players has been profiled in the terahertz components and systems market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
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Attribute |
Detail |
Market Size Value in 2021 |
US$ 0.4 Bn |
Market Forecast Value in 2031 |
US$ 1.9 Bn |
Growth Rate (CAGR) |
17.6% |
Forecast Period |
2022–2031 |
Historical Data Available for |
2017–2020 |
Quantitative Units |
US$ Bn for Value |
Market Analysis |
It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
Competition Landscape |
|
Format |
Electronic (PDF) + Excel |
Market Segmentation |
|
Regions Covered |
|
Countries Covered |
|
Companies Profiled |
|
Customization Scope |
Available upon request |
Pricing |
Available upon request |
Terahertz components and systems market is expected to cross US$ 1.9 Bn by 2031.
Terahertz components and systems market is estimated to grow at a CAGR of 17.6% during the forecast period.
Rise in demand for spectroscopy applications and increase in penetration of terahertz technology in non-destructive testing applications drive the market.
The industrial non-destructive testing segment accounted for 44.1% share of the terahertz components and systems market in 2021.
North America is more attractive for vendors of the terahertz components and systems market.
Key players of terahertz components and systems market include Microtech Instruments Inc., Advantest Corporation, Bruker Corporation, EMCORE Corporation, TeraView Limited, Menlo Systems GmbH, Toptica Photonics AG, Luna Innovations Incorporated, Terasense Group Inc, and Applied Research & Photonics, Inc.
1. Preface
1.1. Market Introduction
1.2. Market and Segments Definition
1.3. Market Taxonomy
1.4. Research Methodology
1.5. Assumption and Acronyms
2. Executive Summary
2.1. Global Terahertz Components and Systems Market Overview
2.2. Regional Outline
2.3. Industry Outline
2.4. Market Dynamics Snapshot
2.5. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.3. Restraints
3.4. Opportunities
3.5. Key Trends
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview – Inspection and Detection Systems Industry Overview Industry Overview
4.2. Supply Chain Analysis
4.3. Technology Roadmap Analysis
4.4. Industry SWOT Analysis
4.5. Porter Five Forces Analysis
4.6. Covid-19 Impact and Recovery Analysis
5. Global Terahertz Components and Systems Market Analysis, by Component
5.1. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
5.1.1. Source Modules
5.1.2. Detector Module
5.2. Market Attractiveness Analysis, by Component
6. Global Terahertz Components and Systems Market Analysis, by Type
6.1. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
6.1.1. Spectrometer
6.1.2. Imaging Systems
6.1.3. Communication Systems
6.2. Market Attractiveness Analysis, by Type
7. Global Terahertz Components and Systems Market Analysis, by Application
7.1. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031
7.1.1. Industrial Non-destructive Testing
7.1.2. Medical Imaging
7.1.3. Defense & Security
7.1.4. Others (Wireless Communication, Research & Development, etc.)
7.2. Market Attractiveness Analysis, by Application
8. Global Terahertz Components and Systems Market Analysis, by End-use Industry
8.1. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
8.1.1. Aerospace & Defense
8.1.2. Pharmaceutical
8.1.3. Healthcare & Life Science
8.1.4. Semiconductors & Electronics
8.1.5. Research & Academia
8.1.6. IT & Telecommunication
8.1.7. Others (Automotive, Food & Beverage, etc.)
8.2. Market Attractiveness Analysis, by End-use Industry
9. Global Terahertz Components and Systems Market Analysis and Forecast, by Region
9.1. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Region, 2017–2031
9.1.1. North America
9.1.2. Europe
9.1.3. Asia Pacific
9.1.4. Middle East & Africa
9.1.5. South America
9.2. Market Attractiveness Analysis, by Region
10. North America Terahertz Components and Systems Market Analysis and Forecast
10.1. Market Snapshot
10.2. Drivers and Restraints: Impact Analysis
10.3. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
10.3.1. Source Modules
10.3.2. Detector Module
10.4. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
10.4.1. Spectrometer
10.4.2. Imaging Systems
10.4.3. Communication Systems
10.5. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031
10.5.1. Industrial Non-destructive Testing
10.5.2. Medical Imaging
10.5.3. Defense & Security
10.5.4. Others (Wireless Communication, Research & Development, etc.)
10.6. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
10.6.1. Aerospace & Defense
10.6.2. Pharmaceutical
10.6.3. Healthcare & Life Science
10.6.4. Semiconductors & Electronics
10.6.5. Research & Academia
10.6.6. IT & Telecommunication
10.6.7. Others (Automotive, Food & Beverage, etc.)
10.7. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017–2031
10.7.1. U.S.
10.7.2. Canada
10.7.3. Rest of North America
10.8. Market Attractiveness Analysis
10.8.1. By Component
10.8.2. By Type
10.8.3. By Application
10.8.4. By End-use Industry
10.8.5. By Country & Sub-region
11. Europe Terahertz Components and Systems Market Analysis and Forecast
11.1. Market Snapshot
11.2. Drivers and Restraints: Impact Analysis
11.3. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
11.3.1. Source Modules
11.3.2. Detector Module
11.4. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
11.4.1. Spectrometer
11.4.2. Imaging Systems
11.4.3. Communication Systems
11.5. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031
11.5.1. Industrial Non-destructive Testing
11.5.2. Medical Imaging
11.5.3. Defense & Security
11.5.4. Others (Wireless Communication, Research & Development, etc.)
11.6. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
11.6.1. Aerospace & Defense
11.6.2. Pharmaceutical
11.6.3. Healthcare & Life Science
11.6.4. Semiconductors & Electronics
11.6.5. Research & Academia
11.6.6. IT & Telecommunication
11.6.7. Others (Automotive, Food & Beverage, etc.)
11.7. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017–2031
11.7.1. U.K.
11.7.2. Germany
11.7.3. France
11.7.4. Rest of Europe
11.8. Market Attractiveness Analysis
11.8.1. By Component
11.8.2. By Type
11.8.3. By Application
11.8.4. By End-use Industry
11.8.5. By Country & Sub-region
12. Asia Pacific Terahertz Components and Systems Market Analysis and Forecast
12.1. Market Snapshot
12.2. Drivers and Restraints: Impact Analysis
12.3. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
12.3.1. Source Modules
12.3.2. Detector Module
12.4. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
12.4.1. Spectrometer
12.4.2. Imaging Systems
12.4.3. Communication Systems
12.5. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031
12.5.1. Industrial Non-destructive Testing
12.5.2. Medical Imaging
12.5.3. Defense & Security
12.5.4. Others (Wireless Communication, Research & Development, etc.)
12.6. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
12.6.1. Aerospace & Defense
12.6.2. Pharmaceutical
12.6.3. Healthcare & Life Science
12.6.4. Semiconductors & Electronics
12.6.5. Research & Academia
12.6.6. IT & Telecommunication
12.6.7. Others (Automotive, Food & Beverage, etc.)
12.7. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017–2031
12.7.1. China
12.7.2. Japan
12.7.3. India
12.7.4. South Korea
12.7.5. ASEAN
12.7.6. Rest of Asia Pacific
12.8. Market Attractiveness Analysis
12.8.1. By Component
12.8.2. By Type
12.8.3. By Application
12.8.4. By End-use Industry
12.8.5. By Country & Sub-region
13. Middle East & Africa Terahertz Components and Systems Market Analysis and Forecast
13.1. Market Snapshot
13.2. Drivers and Restraints: Impact Analysis
13.3. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
13.3.1. Source Modules
13.3.2. Detector Module
13.4. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
13.4.1. Spectrometer
13.4.2. Imaging Systems
13.4.3. Communication Systems
13.5. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031
13.5.1. Industrial Non-destructive Testing
13.5.2. Medical Imaging
13.5.3. Defense & Security
13.5.4. Others (Wireless Communication, Research & Development, etc.)
13.6. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
13.6.1. Aerospace & Defense
13.6.2. Pharmaceutical
13.6.3. Healthcare & Life Science
13.6.4. Semiconductors & Electronics
13.6.5. Research & Academia
13.6.6. IT & Telecommunication
13.6.7. Others (Automotive, Food & Beverage, etc.)
13.7. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017–2031
13.7.1. GCC
13.7.2. South Africa
13.7.3. Rest of Middle East & Africa
13.8. Market Attractiveness Analysis
13.8.1. By Component
13.8.2. By Type
13.8.3. By Application
13.8.4. By End-use Industry
13.8.5. By Country & Sub-region
14. South America Terahertz Components and Systems Market Analysis and Forecast
14.1. Market Snapshot
14.2. Drivers and Restraints: Impact Analysis
14.3. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
14.3.1. Source Modules
14.3.2. Detector Module
14.4. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
14.4.1. Spectrometer
14.4.2. Imaging Systems
14.4.3. Communication Systems
14.5. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031
14.5.1. Industrial Non-destructive Testing
14.5.2. Medical Imaging
14.5.3. Defense & Security
14.5.4. Others (Wireless Communication, Research & Development, etc.)
14.6. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
14.6.1. Aerospace & Defense
14.6.2. Pharmaceutical
14.6.3. Healthcare & Life Science
14.6.4. Semiconductors & Electronics
14.6.5. Research & Academia
14.6.6. IT & Telecommunication
14.6.7. Others (Automotive, Food & Beverage, etc.)
14.7. Terahertz Components and Systems Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017–2031
14.7.1. Brazil
14.7.2. Rest of South America
14.8. Market Attractiveness Analysis
14.8.1. By Component
14.8.2. By Type
14.8.3. By Application
14.8.4. By End-use Industry
14.8.5. By Country & Sub-region
15. Competition Assessment
15.1. Global Terahertz Components and Systems Market Competition Matrix - a Dashboard View
15.1.1. Global Terahertz Components and Systems Market Company Share Analysis, by Value (2021)
15.1.2. Technological Differentiator
16. Company Profiles (Global Manufacturers/Suppliers)
16.1. Advantest Corporation
16.1.1. Overview
16.1.2. Product Portfolio
16.1.3. Sales Footprint
16.1.4. Key Subsidiaries or Distributors
16.1.5. Strategy and Recent Developments
16.1.6. Key Financials
16.2. Applied Research & Photonics, Inc.
16.2.1. Overview
16.2.2. Product Portfolio
16.2.3. Sales Footprint
16.2.4. Key Subsidiaries or Distributors
16.2.5. Strategy and Recent Developments
16.2.6. Key Financials
16.3. Bruker Corporation
16.3.1. Overview
16.3.2. Product Portfolio
16.3.3. Sales Footprint
16.3.4. Key Subsidiaries or Distributors
16.3.5. Strategy and Recent Developments
16.3.6. Key Financials
16.4. EMCORE Corporation
16.4.1. Overview
16.4.2. Product Portfolio
16.4.3. Sales Footprint
16.4.4. Key Subsidiaries or Distributors
16.4.5. Strategy and Recent Developments
16.4.6. Key Financials
16.5. Luna Innovations Incorporated
16.5.1. Overview
16.5.2. Product Portfolio
16.5.3. Sales Footprint
16.5.4. Key Subsidiaries or Distributors
16.5.5. Strategy and Recent Developments
16.5.6. Key Financials
16.6. Menlo Systems GmbH
16.6.1. Overview
16.6.2. Product Portfolio
16.6.3. Sales Footprint
16.6.4. Key Subsidiaries or Distributors
16.6.5. Strategy and Recent Developments
16.6.6. Key Financials
16.7. Microtech Instruments Inc.
16.7.1. Overview
16.7.2. Product Portfolio
16.7.3. Sales Footprint
16.7.4. Key Subsidiaries or Distributors
16.7.5. Strategy and Recent Developments
16.7.6. Key Financials
16.8. Terasense Group Inc
16.8.1. Overvieiew
16.8.2. Prow
16.8.2. Product Portfolio
16.8.3. Sales Footprint
16.8.4. Key Subsidiaries or Distributors
16.8.5. Strategy and Recent Developments
16.8.6. Key Financials
16.9. TeraView Limited
16.9.1. Overview
16.9.2. Product Portfolio
16.9.3. Sales Footprint
16.9.4. Key Subsidiaries or Distributors
16.9.5. Strategy and Recent Developments
16.9.6. Key Financials
16.10. Toptica Photonics AG
16.10.1. Overview
16.10.2. Product Portfolio
16.10.3. Sales Footprint
16.10.4. Key Subsidiaries or Distributors
16.10.5. Strategy and Recent Developments
16.10.6. Key Financials
17. Recommendation
17.1. Opportunity Assessment
17.1.1. By Component
17.1.2. By Type
17.1.3. By Application
17.1.4. By End-use Industry
17.1.5. By Region
List of Tables
Table 01: Global Terahertz Components and Systems Market Size & Forecast, by Component, Value (US$ Mn), 2017‒2031
Table 02: Global Terahertz Components and Systems Market Size & Forecast, by Type, Value (US$ Mn), 2017‒2031
Table 03: Global Terahertz Components and Systems Market Size & Forecast, by Application, Value (US$ Mn), 2017‒2031
Table 04: Global Terahertz Components and Systems Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017‒2031
Table 05: Global Terahertz Components and Systems Market Size & Forecast, by Region, Value (US$ Mn), 2017‒2031
Table 06: North America Terahertz Components and Systems Market Size & Forecast, by Component, Value (US$ Mn), 2017‒2031
Table 07: North America Terahertz Components and Systems Market Size & Forecast, by Type, Value (US$ Mn), 2017‒2031
Table 08: North America Terahertz Components and Systems Market Size & Forecast, by Application, Value (US$ Mn), 2017‒2031
Table 09: North America Terahertz Components and Systems Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017‒2031
Table 10: North America Terahertz Components and Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017‒2031
Table 11: Europe Terahertz Components and Systems Market Size & Forecast, by Component, Value (US$ Mn), 2017‒2031
Table 12: Europe Terahertz Components and Systems Market Size & Forecast, by Type, Value (US$ Mn), 2017‒2031
Table 13: Europe Terahertz Components and Systems Market Size & Forecast, by Application, Value (US$ Mn), 2017‒2031
Table 14: Europe Terahertz Components and Systems Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017‒2031
Table 15: Europe Terahertz Components and Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017‒2031
Table 16: Asia Pacific Terahertz Components and Systems Market Size & Forecast, by Component, Value (US$ Mn), 2017‒2031
Table 17: Asia Pacific Terahertz Components and Systems Market Size & Forecast, by Type, Value (US$ Mn), 2017‒2031
Table 18: Asia Pacific Terahertz Components and Systems Market Size & Forecast, by Application, Value (US$ Mn), 2017‒2031
Table 19: Asia Pacific Terahertz Components and Systems Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017‒2031
Table 20: Asia Pacific Terahertz Components and Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017‒2031
Table 21: Middle East & Africa Terahertz Components and Systems Market Size & Forecast, by Component, Value (US$ Mn), 2017‒2031
Table 22: Middle East & Africa Terahertz Components and Systems Market Size & Forecast, by Type, Value (US$ Mn), 2017‒2031
Table 23: Middle East & Africa Terahertz Components and Systems Market Size & Forecast, by Application, Value (US$ Mn), 2017‒2031
Table 24: Middle East & Africa Terahertz Components and Systems Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017‒2031
Table 25: Middle East & Africa Terahertz Components and Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017‒2031
Table 26: South America Terahertz Components and Systems Market Size & Forecast, by Component, Value (US$ Mn), 2017‒2031
Table 27: South America Terahertz Components and Systems Market Size & Forecast, by Type, Value (US$ Mn), 2017‒2031
Table 28: South America Terahertz Components and Systems Market Size & Forecast, by Application, Value (US$ Mn), 2017‒2031
Table 29: South America Terahertz Components and Systems Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017‒2031
Table 30: South America Terahertz Components and Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017‒2031
List of Figures
Figure 01: Global Terahertz Components and Systems Market, Year-on-Year Growth, Overview, 2018-2031
Figure 02: Global Terahertz Components and Systems Market Projections by Component, Value (US$ Mn), 2017‒2031
Figure 03: Global Terahertz Components and Systems Market, Incremental Opportunity, by Component, Value (US$ Mn), 2022‒2031
Figure 04: Global Terahertz Components and Systems Market Share Analysis, by Component, 2022 and 2031
Figure 05: Global Terahertz Components and Systems Market Projections by Type, Value (US$ Mn), 2017‒2031
Figure 06: Global Terahertz Components and Systems Market, Incremental Opportunity, by Type, Value (US$ Mn), 2022‒2031
Figure 07: Global Terahertz Components and Systems Market Share Analysis, by Type, 2022 and 2031
Figure 08: Global Terahertz Components and Systems Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 09: Global Terahertz Components and Systems Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031
Figure 10: Global Terahertz Components and Systems Market Share Analysis, by Application, 2022 and 2031
Figure 11: Global Terahertz Components and Systems Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 12: Global Terahertz Components and Systems Market, Incremental Opportunity, by End-use Industry, Value (US$ Mn), 2022‒2031
Figure 13: Global Terahertz Components and Systems Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 14: Global Terahertz Components and Systems Market Projections by Region, Value (US$ Mn), 2017‒2031
Figure 15: Global Terahertz Components and Systems Market, Incremental Opportunity, by Region, Value (US$ Mn), 2022‒2031
Figure 16: Global Terahertz Components and Systems Market Share Analysis, by Region, 2022 and 2031
Figure 17: North America Terahertz Components and Systems Market, Year-on-Year Growth, Overview, 2018-2031
Figure 18: North America Terahertz Components and Systems Market Projections by Component, Value (US$ Mn), 2017‒2031
Figure 19: North America Terahertz Components and Systems Market, Incremental Opportunity, by Component, Value (US$ Mn), 2022‒2031
Figure 20: North America Terahertz Components and Systems Market Share Analysis, by Component, 2022 and 2031
Figure 21: North America Terahertz Components and Systems Market Projections by Type, Value (US$ Mn), 2017‒2031
Figure 22: North America Terahertz Components and Systems Market, Incremental Opportunity, by Type, Value (US$ Mn), 2022‒2031
Figure 23: North America Terahertz Components and Systems Market Share Analysis, by Type, 2022 and 2031
Figure 24: North America Terahertz Components and Systems Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 25: North America Terahertz Components and Systems Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031
Figure 26: North America Terahertz Components and Systems Market Share Analysis, by Application, 2022 and 2031
Figure 27: North America Terahertz Components and Systems Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 28: North America Terahertz Components and Systems Market, Incremental Opportunity, by End-use Industry, Value (US$ Mn), 2022‒2031
Figure 29: North America Terahertz Components and Systems Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 30: North America Terahertz Components and Systems Market Projections by Country & Sub-region, Value (US$ Mn), 2017‒2031
Figure 31: North America Terahertz Components and Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn), 2022‒2031
Figure 32: North America Terahertz Components and Systems Market Share Analysis, by Country & Sub-region, 2022 and 2031
Figure 33: Europe Terahertz Components and Systems Market, Year-on-Year Growth, Overview, 2018-2031
Figure 34: Europe Terahertz Components and Systems Market Projections by Component, Value (US$ Mn), 2017‒2031
Figure 35: Europe Terahertz Components and Systems Market, Incremental Opportunity, by Component, Value (US$ Mn), 2022‒2031
Figure 36: Europe Terahertz Components and Systems Market Share Analysis, by Component, 2022 and 2031
Figure 37: Europe Terahertz Components and Systems Market Projections by Type, Value (US$ Mn), 2017‒2031
Figure 38: Europe Terahertz Components and Systems Market, Incremental Opportunity, by Type, Value (US$ Mn), 2022‒2031
Figure 39: Europe Terahertz Components and Systems Market Share Analysis, by Type, 2022 and 2031
Figure 40: Europe Terahertz Components and Systems Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 41: Europe Terahertz Components and Systems Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031
Figure 42: Europe Terahertz Components and Systems Market Share Analysis, by Application, 2022 and 2031
Figure 43: Europe Terahertz Components and Systems Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 44: Europe Terahertz Components and Systems Market, Incremental Opportunity, by End-use Industry, Value (US$ Mn), 2022‒2031
Figure 45: Europe Terahertz Components and Systems Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 46: Europe Terahertz Components and Systems Market Projections by Country & Sub-region, Value (US$ Mn), 2017‒2031
Figure 47: Europe Terahertz Components and Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn), 2022‒2031
Figure 48: Europe Terahertz Components and Systems Market Share Analysis, by Country & Sub-region, 2022 and 2031
Figure 49: Asia Pacific Terahertz Components and Systems Market, Year-on-Year Growth, Overview, 2018-2031
Figure 50: Asia Pacific Terahertz Components and Systems Market Projections by Component, Value (US$ Mn), 2017‒2031
Figure 51: Asia Pacific Terahertz Components and Systems Market, Incremental Opportunity, by Component, Value (US$ Mn), 2022‒2031
Figure 52: Asia Pacific Terahertz Components and Systems Market Share Analysis, by Component, 2022 and 2031
Figure 53: Asia Pacific Terahertz Components and Systems Market Projections by Type, Value (US$ Mn), 2017‒2031
Figure 54: Asia Pacific Terahertz Components and Systems Market, Incremental Opportunity, by Type, Value (US$ Mn), 2022‒2031
Figure 55: Asia Pacific Terahertz Components and Systems Market Share Analysis, by Type, 2022 and 2031
Figure 56: Asia Pacific Terahertz Components and Systems Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 57: Asia Pacific Terahertz Components and Systems Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031
Figure 58: Asia Pacific Terahertz Components and Systems Market Share Analysis, by Application, 2022 and 2031
Figure 59: Asia Pacific Terahertz Components and Systems Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 60: Asia Pacific Terahertz Components and Systems Market, Incremental Opportunity, by End-use Industry, Value (US$ Mn), 2022‒2031
Figure 61: Asia Pacific Terahertz Components and Systems Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 62: Asia Pacific Terahertz Components and Systems Market Projections by Country & Sub-region, Value (US$ Mn), 2017‒2031
Figure 63: Asia Pacific Terahertz Components and Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn), 2022‒2031
Figure 64: Asia Pacific Terahertz Components and Systems Market Share Analysis, by Country & Sub-region, 2022 and 2031
Figure 65: Middle East & Africa Terahertz Components and Systems Market, Year-on-Year Growth, Overview, 2017-2031
Figure 66: Middle East & Africa Terahertz Components and Systems Market Projections by Component, Value (US$ Mn), 2017‒2031
Figure 67: Middle East & Africa Terahertz Components and Systems Market, Incremental Opportunity, by Component, Value (US$ Mn), 2022‒2031
Figure 68: Middle East & Africa Terahertz Components and Systems Market Share Analysis, by Component, 2022 and 2031
Figure 69: Middle East & Africa Terahertz Components and Systems Market Projections by Type, Value (US$ Mn), 2017‒2031
Figure 70: Middle East & Africa Terahertz Components and Systems Market, Incremental Opportunity, by Type, Value (US$ Mn), 2022‒2031
Figure 71: Middle East & Africa Terahertz Components and Systems Market Share Analysis, by Type, 2022 and 2031
Figure 72: Middle East & Africa Terahertz Components and Systems Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 73: Middle East & Africa Terahertz Components and Systems Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031
Figure 74: Middle East & Africa Terahertz Components and Systems Market Share Analysis, by Application, 2022 and 2031
Figure 75: Middle East & Africa Terahertz Components and Systems Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 76: Middle East & Africa Terahertz Components and Systems Market, Incremental Opportunity, by End-use Industry, Value (US$ Mn), 2022‒2031
Figure 77: Middle East & Africa Terahertz Components and Systems Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 78: Middle East & Africa Terahertz Components and Systems Market Projections by Country & Sub-region, Value (US$ Mn), 2017‒2031
Figure 79: Middle East & Africa Terahertz Components and Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn), 2022‒2031
Figure 80: Middle East & Africa Terahertz Components and Systems Market Share Analysis, by Country & Sub-region, 2022 and 2031
Figure 81: South America Terahertz Components and Systems Market, Year-on-Year Growth, Overview, 2018-2031
Figure 82: South America Terahertz Components and Systems Market Projections by Component, Value (US$ Mn), 2017‒2031
Figure 83: South America Terahertz Components and Systems Market, Incremental Opportunity, by Component, Value (US$ Mn), 2022‒2031
Figure 84: South America Terahertz Components and Systems Market Share Analysis, by Component, 2022 and 2031
Figure 85: South America Terahertz Components and Systems Market Projections by Type, Value (US$ Mn), 2017‒2031
Figure 86: South America Terahertz Components and Systems Market, Incremental Opportunity, by Type, Value (US$ Mn), 2022‒2031
Figure 87: South America Terahertz Components and Systems Market Share Analysis, by Type, 2022 and 2031
Figure 88: South America Terahertz Components and Systems Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 89: South America Terahertz Components and Systems Market, Incremental Opportunity, by Application, Value (US$ Mn), 2022‒2031
Figure 90: South America Terahertz Components and Systems Market Share Analysis, by Application, 2022 and 2031
Figure 91: South America Terahertz Components and Systems Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 92: South America Terahertz Components and Systems Market, Incremental Opportunity, by End-use Industry, Value (US$ Mn), 2022‒2031
Figure 93: South America Terahertz Components and Systems Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 94: South America Terahertz Components and Systems Market Projections by Country & Sub-region, Value (US$ Mn), 2017‒2031
Figure 95: South America Terahertz Components and Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn), 2022‒2031
Figure 96: South America Terahertz Components and Systems Market Share Analysis, by Country & Sub-region, 2022 and 2031