Title: Terahertz Market
1Terahertz Market Forecast (2021 - 2026)Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- The Global Terahertz market size is forecast to
reach 1701.34 million by 2026, growing at a
CAGR of 28 from 2021 to 2026. - The growth of Terahertz market is attributed to
applications of terahertz submillimeter radiation
in fields such as spectroscopy, photovoltaic,
medicine, pharmacy, quality assurance, dentistry,
communication, and astronomy. - Additionally, increasing applications of
terahertz in cancer treatment and increasing
adoption of terahertz spectroscopy in food
inspection industries for quality check are also
the contributing factors for the growth of the
market.
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- Key Takeaways
- Rising investments in the healthcare sector along
with growing implementation of Terahertz for
blood cell detection, cancer cell
characterization, bacterial identification,
biological tissue discrimination and others are
anticipated to open up new opportunities for
market growth. - In the U.S, increased adoption of terahertz
technology has changed the manufacturing scenario
in the America region, thus propelling the market
growth.
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By System Type - Segment Analysis System based
on imaging held the highest market share in 2020
with market revenue of around 130.5 million. This
system includes imaging by Canning, incoherent
imaging and others. Deployment of such systems in
food beverages, healthcare, biomedical and
others uplifts the market growth. Terahertz
radiation has characteristics that are similar to
microwave and infrared radiation.
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- Terahertz Market- Competitive Landscape
- Advanced Photonix Inc.
- Menlo Systems GmbH
- Microtech Instruments Inc.
- TeraView Limited
- Toptica Photonics AG
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Terahertz Market Forecast (2021 - 2026) Learn
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- Analyst Briefing
- Data Tables
- Key Contacts
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Contact (1) 970-236-3677
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