Terahertz Radiation Systems: Technologies and Global Markets

Aug 2019| IAS029F| BCC Publishing

Report Highlights

The global market for terahertz (THz) radiation devices and systems totaled $58.2 million in 2018. The market should reach $908.6 million in 2024 and $3.5 billion by 2029, growing at compound annual growth rates (CAGRs) of 72.7% and 31.1% from 2019 to 2024 and 2024 to 2029, respectively.

Report Includes

  • 42 tables
  • An overview of the global market for terahertz (THz) radiation devices and systems
  • Analyses of global market trends with data from 2018, estimates for 2019, projections for 2024, potentials for 2029, and compound annual growth rates (CAGRs) through 2029
  • Assessment of the technological process that has been made toward bridging the terahertz gap and assessing the commercial potential of THz radiation devices over the next ten years
  • Quantification of the potential market for each short-listed THz technology, by application, and identifying the main prerequisites (that are still under development) for commercial success
  • Identification of THz applications that are most likely to achieve significant commercial sales by 2029
  • Historical milestones in detail for the development of THz radiation devices
  • A relevant patent analysis covering terahertz radiation technologies, applications and end uses
  • Profiles of major companies producing THz radiation-based products; Key entities including BAE Systems plc, Lockheed Martin Space Systems, M Squared Lasers Ltd., Northrop Grumman Corp., QMC Instruments Ltd., and ThruVision Group plc

Report Scope

The report addresses the emerging global market for THz radiation devices, including the classes of devices listed below.

  • Imaging devices.
  • Spectroscopes.
  • Other sensors.
  • Communications devices.
  • Computing devices.
  • Therapeutic devices.
  • Accelerators.

The study format includes the following major elements:

  • Executive summary.
  • Definitions.
  • General properties of THz radiation.
  • Historical milestones in the development of THz radiation devices.
  • Emerging and developmental THz radiation technologies and applications that have the greatest commercial potential through 2029.
  • Detailed market estimates and projections for each technology and application during the period 2019 to 2024.
  • General assessment of expected market trends in the longer term (2025 to 2029).
  • Industry structure.
  • Patent analysis.

Analyst Credentials

Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.

Table of Contents & Pricing

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter Name Pages Price Member Price
Full Report: Terahertz Radiation Systems: Technologies and Global Markets 151 $5,500 Free
Chapter- 1: Introduction5Free DownloadFree
Chapter- 2: Summary and Highlights2$250Free
Chapter- 3: Market and Technology Background27$1,031Free
Chapter- 4: Terahertz Imaging Systems28$1,069Free
Chapter- 5: Terahertz Spectroscopes6$229Free
Chapter- 6: Terahertz Sensors11$420Free
Chapter- 7: Terahertz Communications Systems15$573Free
Chapter- 8: Terahertz Computing4$153Free
Chapter- 9: Therapeutic Devices2$76Free
Chapter- 10: Accelerators4$153Free
Chapter- 11: Industry Structure5$191Free
Chapter- 12: Government-Sponsored THz Research Programs11$420Free
Chapter- 13: Patent Review6$229Free
Chapter- 14: Company Profiles18$688Free
Chapter- 15: Appendix: Terahertz Research Programs7$267Free
Published - Jun-2017| Analyst - Andrew McWilliams| Code - IAS029E

Report Highlights

The global market for terahertz radiation devices and systems reached $56.4 million in 2016. This market is expected to increase from $57.3 million in 2017 to $335.1 million in 2022 and $1.3 billion in 2027 at a compound annual growth rate (CAGR) of 42.4% for 2017-2022.

Report Includes

  • An overview of the global market for terahertz radiation (THz) systems.
  • Analyses of global market trends, with data from 2016, estimates for 2017, 2022 and 2027 and projections of compound annual growth rates (CAGRs) through 2027.
  • Identification of the classes of devices, including imaging devices, spectroscopes, other sensors, communications devices, and computing devices.
  • Examination of general properties of THz radiation.
  • Historical milestones in the development of THz radiation devices.
  • Discussion of emerging and developmental THz radiation technologies and applications that have the greatest commercial potential through 2027.
  • Assessments of promising THz applications in the context of user needs and competing technologies.
  • Industry structure.
  • Patent analysis.
Published - Jun-2015| Analyst - Andrew McWilliams| Code - IAS029D

Report Highlights

The global market for terahertz radiation devices and systems reached $53.4 million and $54.7 million in 2013 and 2014, respectively. This market is forecasted to grow at a compound annual growth rate (CAGR) of 40.4% to reach $298.5 million in 2019 and is also forecasted to reach $1.2 billion in 2024 at a CAGR of 32.3%.

Report Includes

  • An overview of the global market for terahertz radiation (THz) systems.
  • Analyses of global market trends, with data from 2013 and 2014, and projections of compound annual growth rates (CAGRs) through 2019 and 2024.
  • Identification of the classes of devices, including imaging devices, spectroscopes, other sensors, communications devices, and computing devices.
  • Examination of general properties of THz radiation.
  • Historical milestones in the development of THz radiation devices.
  • Discussion of emerging and developmental THz radiation technologies and applications that have the greatest commercial potential through 2019.
  • Assessments of promising THz applications in the context of user needs and competing technologies.
  • Industry structure.
  • Patent analysis.
Published - Jul-2013| Analyst - Andrew McWilliams| Code - IAS029C

Report Highlights

BCC estimates the total market for THz systems was valued at $50.2 million in 2012. The market should increase slightly by the end of 2013 to $51.3 million. The development of new commercial THz applications should push the market to $195.3 million in 2018.  The diversification of the THz market is expected to accelerate after 2018, and the total market should exceed $942 million by 2023.

Report Includes

  • An overview of the global market for terahertz radiation (THz) systems
  • Analyses of global market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018
  • Identification of the classes of devices, including imaging devices, spectroscopes, other sensors, communications devices, and computing devices
  • Examination of general properties of THz radiation
  • Historical milestones in the development of THz radiation devices
  • Discussion of emerging and developmental THz radiation technologies and applications that have the greatest commercial potential through 2018
  • Assessments of promising THz applications in the context of user needs and competing technologies
  • Industry structure
  • Patent analysis
  • Comprehensive company profiles of major players.
Published - Mar-2012| Analyst - Andrew McWilliams| Code - IAS029B

Report Highlights

BCC estimates the market for terahertz (THz) radiation devices totaled $83.7 million in 2011. This market will grow to $127 million in 2016. The diversification of the THz market is expected to accelerate after 2016, and the total market should reach $570 million by 2021, a compounded annual growth rate (CAGR) of 35% from 2016 to 2021.

Published - Nov-2008| Analyst - Andrew McWilliams| Code - IAS029A

Report Highlights

  • The global market for THz radiation devices and systems was worth an estimated $77.2 million in 2008. This is expected to decrease slightly to $63.2 million in 2013, but then to increase to $521.4 million in 2018, for a compound annual growth rate (CAGR) of 52.5%.
  • Imaging systems generated an estimated $71.8 million in 2008. This is expected to decrease in 2013 and reach $206.7 million in 2018, for a CAGR of 37.2%.
  • Spectroscopy systems were worth an estimated $5.4 million in 2008. This should increase to $7.7 million in 2013, for a CAGR of 7.4%.

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