The global Terahertz Imaging Inspection market was valued at 21.82 Million USD in 2021 and will grow with a CAGR of 24.4% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

This report studies the Terahertz Imaging Inspection market, from angles of players, regions, product types and end industries, to analyze the status and the future. The ‘terahertz gap` - where until recently bright sources of light and sensitive means of detection did not exist - encompasses frequencies invisible to the naked eye in the electromagnetic spectrum, lying between microwave and infrared in the range from 0.3 to 3THz. Terahertz radiation, also known as t-rays, has wavelength of 3-100 cm-1. Terahertz imaging is an emerging and significant nondestructive evaluation (NDE) technique used for dielectric (nonconducting, i.e., an insulator) materials analysis and quality control in the pharmaceutical, biomedical, security, materials characterization, and aerospace industries. It has proved to be effective in the inspection of layers in paints and coatings, detecting structural defects in ceramic and composite materials and imaging the physical structure of paintings and manuscripts. The use of THz waves for non-destructive evaluation enables inspection of multi-layered structures and can identify abnormalities from foreign material inclusions, disbond and delamination, mechanical impact damage, heat damage, and water or hydraulic fluid ingression. This new method can play a significant role in a number of industries for materials characterization applications where precision thickness mapping (to assure product dimensional tolerances within product and from product-to-product) and density mapping (to assure product quality within product and from product-to-product) are required. Terahertz imaging, which is already familiar from airport security checkpoints, has a number of other promising applications. Terahertz biomedical imaging has become an area of interest due to its ability to simultaneously acquire both image and spectral information. Terahertz imaging systems are being commercialized, with increasing trials performed in a biomedical setting. Terahertz Imaging Inspection could used for Homeland Security and Defense, Pharmaceutical & biomedical Industry, and other industry. China is the largest production region, with the Production Value market share is 51.32% in 2017, the second region is the North America, with a Production Value market share is 17.30% in 2017. Terahertz Imaging Inspection used in industry including Pharmaceutical & BioMedical, Transportation & Public Security, Industrial and Others. Report data showed that 57.80% of the Terahertz Imaging Inspection market demand in Transportation & Public Security in 2017. There are two kinds of Terahertz Imaging Inspection, which are Passive Terahertz Imaging and Active Terahertz Imaging. Passive Terahertz Imaging is important in the Terahertz Imaging Inspection, with a market share nearly 72.51% in 2017.

By Market Verdors:

Brainware Terahertz Information Technology Co., Ltd

Advantest Corporation

Luna Innovations Incorporated

Toptica Photonics AG

Terasense Group Inc.

TeraView

Daheng New Epoch Technology

Menlo Systems GmbH

Insight Product Co.

Asqella

Traycer

Microtech Instrument Inc

By Types:

Passive Terahertz Imaging

Active Terahertz Imaging

By Applications:

Transportation & Public Security

Industrial

Pharmaceutical & BioMedical

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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