Global Terahertz Imaging System Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Terahertz Imaging System Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Terahertz waves can be transmitted through various types of materials including paper, plastics, ceramics, wood, and textiles, and enable non-destructive analysis of hidden internal substances. Terahertz imaging is an emerging and significant nondestructive evaluation (NDE) technique. Terahertz imaging systems used for dielectric (nonconducting, i.e., an insulator) materials analysis and quality control in the pharmaceutical, biomedical, security, materials characterization, and aerospace industries. Terahertz imaging systems include active and passive imaging.

Market Overview:

The latest research study on the global Terahertz Imaging System market finds that the global Terahertz Imaging System market reached a value of USD 267.71 million in 2022. It’s expected that the market will achieve USD 795.41 million by 2028, exhibiting a CAGR of 19.9% during the forecast period.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (38.41% in 2022).

Company Overview:

Advantest Corporation is one of the major players operating in the Terahertz Imaging System market, holding a share of 49.23% in 2023.

Segmentation Overview:

As for product types, the Active Terahertz Imaging segment held the largest market share in 2022.

Passive Terahertz Imaging

Security imaging is currently being done by both active and passive methods. Passive systems view the naturally occurring radiation from the subject.

Active Terahertz Imaging

Active systems illuminate the subject with THz radiation. For example, active imaging techniques can be used to perform medical imaging, because THz radiation is biologically safe (non ionisant), it can be used in high resolution imaging to detect skin cancer.

Application Overview:

The market's largest segment by application is the segment Industrial, with a market share of 36.14% in 2022.

Transportation and Public Security

In public places and traffic stops, terahertz imaging systems can conduct personnel security checks. Terahertz waves are completely harmless to humans. Compared with X-ray machines, there is no ionizing radiation, but they can easily penetrate clothes, clothing and other shells. Quarantine testing, including firearms, bombs and grenades, explosive tapes, and various prohibited items hidden under clothing. These properties make terahertz-based human screening solutions extremely valuable for human health and safety.

Industrial

Terahertz imaging systems are widely used for non-destructive testing and quality control of different materials in industrial environments, such as food, ceramics, automotive, and wood processing.

Pharmaceutical and BioMedical

Many materials used in the pharmaceutical are fairly transparent in the terahertz spectrum. This make terahertz imaging systems technology very attractive as a harmless and nondestructive testing (NDT) technique during the production of drugs, medical products, etc.
Terahertz photons are not sufficiently energetic to break chemical bonds or ionize molecules/atoms, and are therefore harmless for living organisms, as opposed to higher energy photons such as x-rays and UV rays. THz radiation is not highly scattered in tissues (unlike optical emission). Besides, due to strong absorption of T-rays by water, terahertz imaging can be a useful tool to investigate soft tissues. These unique properties of T-rays make them eligible for use in various medical applications, some of which hold enormous promise for certain aspects of biomedical diagnostics, such as: non-invasive technique for early detection of cancer, ex-vivo spectroscopy, dental care etc.

Key Companies in the global Terahertz Imaging System market covered in Chapter 3:

TeraView
Luna Innovations Incorporated
Menlo Systems GmbH
Microtech Instrument Inc
Daheng New Epoch Technology
Terasense Group Inc.
Toptica Photonics AG
Advantest Corporation
Insight Product Co.

In Chapter 4 and Chapter 14.2, on the basis of types, the Terahertz Imaging System market from 2018 to 2029 is primarily split into:

Passive Terahertz Imaging
Active Terahertz Imaging

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Terahertz Imaging System market from 2018 to 2029 covers:

Transportation and Public Security
Industrial
Pharmaceutical and BioMedical
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)