Terahertz spectroscopy detects and controls properties of matter with electromagnetic fields that are in the frequency range between a few hundred gigahertz and several terahertz (abbreviated as THz). In many-body systems, several of the relevant states have an energy difference that matches with the energy of a THz photon. Therefore, THz spectroscopy provides a particularly powerful method in resolving and controlling individual transitions between different many-body states. By doing this, one gains new insights about many-body quantum kinetics and how that can be utilized in developing new technologies that are optimized up to the elementary quantum level.
This report contains market size and forecasts of Terahertz Spectroscopy Technology in Global, including the following market information:
Global Terahertz Spectroscopy Technology Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Terahertz Spectroscopy Technology market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Terahertz Time Domain Spectroscopy Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Terahertz Spectroscopy Technology include TOPTICA Photonics AG, HÜBNER GmbH & Co. KG, Menlo Systems, Terasense Group, Gentec Electro-Optics, QMC Instruments, TeraVil, ADVANTEST CORPORATION and Luna Innovations and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Terahertz Spectroscopy Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Terahertz Spectroscopy Technology Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Terahertz Spectroscopy Technology Market Segment Percentages, by Type, 2021 (%)
Terahertz Time Domain Spectroscopy
Terahertz Frequency Domain Spectroscopy
Global Terahertz Spectroscopy Technology Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Terahertz Spectroscopy Technology Market Segment Percentages, by Application, 2021 (%)
Laboratory Research
Medical & Healthcare
Military and Homeland Security
Industrial Non-Destructive Testing (NDT)
Global Terahertz Spectroscopy Technology Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Terahertz Spectroscopy Technology Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Terahertz Spectroscopy Technology revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Terahertz Spectroscopy Technology revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
TOPTICA Photonics AG
HÜBNER GmbH & Co. KG
Menlo Systems
Terasense Group
Gentec Electro-Optics
QMC Instruments
TeraVil
ADVANTEST CORPORATION
Luna Innovations
TeraView