Global Terahertz and Near-infrared Spectroscopy Market Growth 2023-2029

Global Terahertz and Near-infrared Spectroscopy Market Growth 2023-2029

Terahertz and Near-infrared spectroscopy (NIRS) is a spectroscopic method that uses the near-infrared region of the electromagnetic spectrum (from 780 nm to 2500 nm). Typical applications include medical and physiological diagnostics and research including blood sugar, pulse oximetry, functional neuroimaging, sports medicine, elite sports training, ergonomics, rehabilitation, neonatal research, brain computer interface, urology (bladder contraction), and neurology (neurovascular coupling). There are also applications in other areas as well such as pharmaceutical, food and agrochemical quality control, atmospheric chemistry, combustion research and astronomy.

LPI (LP Information)' newest research report, the “Terahertz and Near-infrared Spectroscopy Industry Forecast” looks at past sales and reviews total world Terahertz and Near-infrared Spectroscopy sales in 2022, providing a comprehensive analysis by region and market sector of projected Terahertz and Near-infrared Spectroscopy sales for 2023 through 2029. With Terahertz and Near-infrared Spectroscopy sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Terahertz and Near-infrared Spectroscopy industry.

This Insight Report provides a comprehensive analysis of the global Terahertz and Near-infrared Spectroscopy landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Terahertz and Near-infrared Spectroscopy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Terahertz and Near-infrared Spectroscopy market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Terahertz and Near-infrared Spectroscopy and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Terahertz and Near-infrared Spectroscopy.

The global Terahertz and Near-infrared Spectroscopy market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Terahertz and Near-infrared Spectroscopy is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Terahertz and Near-infrared Spectroscopy is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Terahertz and Near-infrared Spectroscopy is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Terahertz and Near-infrared Spectroscopy players cover TeraView, Menlo Systems, Toptica Photonix, Advanced and Advantest, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Terahertz and Near-infrared Spectroscopy market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Near-infrared
Mid-infrared
Far-infrared

Segmentation by application
Pharmaceuticals & Biotechnology
Industrial Chemistry
Environmental Testing
Food & Beverage Testing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
TeraView
Menlo Systems
Toptica Photonix
Advanced
Advantest

Key Questions Addressed in this Report

What is the 10-year outlook for the global Terahertz and Near-infrared Spectroscopy market?

What factors are driving Terahertz and Near-infrared Spectroscopy market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Terahertz and Near-infrared Spectroscopy market opportunities vary by end market size?

How does Terahertz and Near-infrared Spectroscopy break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.