테라헤르츠 기술 시장 예측(-2030년) : 유형별, 구성요소별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Terahertz Technology Market is accounted for $0.67 billion in 2024 and is expected to reach $2.26 billion by 2030 growing at a CAGR of 21.8% during the forecast period. Terahertz technology refers to the use of electromagnetic waves in the terahertz frequency range, typically between 0.1 to 10 THz, which lies between microwave and infrared radiation. It enables advanced applications such as high-resolution imaging, spectroscopy, and communication. Terahertz waves are non-ionizing and can penetrate materials like clothing, packaging, and biological tissues, making them ideal for security, medical, and industrial applications.

According to Statistique Canada, in July 2024, 5.6 million passengers passed through pre-board security screening at checkpoints operated at Canada's eight largest airports, an increase of 3.3% from July 2023.

Market Dynamics:

Driver:

Rising demand for non-destructive testing

Terahertz waves enable high-resolution imaging and material analysis without damaging the object being examined. Industries such as aerospace, automotive, electronics and manufacturing are increasingly adopting terahertz technology for quality control, safety inspections, and defect detection in products like semiconductors, coatings, and composite materials. The ability to inspect materials at various stages of production without compromising their integrity improves efficiency, reduces costs, and enhances product reliability, propelling market growth.

Restraint:

Technical challenges in terahertz wave generation and detection

Technical challenges in terahertz wave generation and detection stem from the difficulty in efficiently producing and detecting terahertz radiation. Traditional electronic components struggle to operate at terahertz frequencies, leading to low power outputs and limited detection sensitivity. Additionally, specialized materials and complex equipment are required to handle terahertz waves, increasing costs. These challenges hamper widespread adoption by limiting device performance and increasing production costs, which hinders the scalability of terahertz technology.

Opportunity:

Growing applications in medical imaging

Terahertz waves can penetrate biological tissues without damaging them, enabling early detection of diseases like cancer, particularly skin cancer. They also help in monitoring tissue hydration, cellular structure, and detecting anomalies in a range of organs. As healthcare systems increasingly adopt terahertz-based diagnostic tools, the technology enhances imaging precision and provides real-time results. This rise in demand for non-invasive, safe, and accurate diagnostic methods in medical imaging accelerates market expansion and fosters innovation within the healthcare sector.

Threat:

Competition from alternative technologies

Technologies such as X-ray imaging, infrared spectroscopy, and microwave-based systems are already well-integrated into industries like medical imaging, security, and quality control. These alternatives often provide similar functionalities at lower costs or with fewer technical challenges, reducing the incentive for industries to invest in new, expensive terahertz solutions. As a result, the adoption of terahertz technology faces delays, limiting its market expansion.

Covid-19 Impact

The covid-19 pandemic had a mixed impact on the terahertz technology market. While research and development slowed due to supply chain disruptions and restricted access to laboratories, the demand for non-invasive diagnostic tools, such as terahertz imaging for medical and security applications, saw a rise. Additionally, the pandemic highlighted the need for advanced technologies in healthcare and safety, potentially boosting future market growth. However, economic uncertainty hindered investments in new technologies during the initial phases of the pandemic.

The material characterization segment is expected to be the largest during the forecast period

The material characterization segment is predicted to secure the largest market share throughout the forecast period. Terahertz technology in material characterization is used to analyze the properties of materials without causing damage. It provides valuable insights into the structure, thickness, composition, and density of various materials, including polymers, semiconductors, and coatings. By using terahertz waves, scientists can detect defects, measure moisture content, and assess material quality in industries such as electronics, aerospace, and manufacturing.

The consumer electronics segment is expected to have the highest CAGR during the forecast period

The consumer electronics segment is anticipated to witness the highest CAGR during the forecast period. Terahertz technology is gaining traction in consumer electronics for its potential in enhancing device performance and enabling innovative features. It is used for non-destructive testing during manufacturing to ensure the quality of electronic components, such as semiconductors and printed circuit boards. As consumer electronics evolve, terahertz technology offers promising applications in miniaturized components and improving device functionality, driving advancements in the industry.

Region with largest share:

Asia Pacific is expected to register the largest market share during the forecast period due to increasing investments in research and development, particularly in countries like China, Japan, and South Korea. These nations are leveraging terahertz technology for applications in medical imaging, security screening, telecommunications, and quality control in manufacturing. The rise in demand for advanced communication systems and non-destructive testing methods in industries such as electronics, automotive and aerospace further drives market growth.

Region with highest CAGR:

North America is expected to witness the highest CAGR over the forecast period driven by robust investments in research, technological advancements, and increasing demand across sectors like healthcare, security, and telecommunications. The United States, in particular, leads the region, with applications in medical imaging, quality control, and non-destructive testing. Growing interest in high-speed communication systems and the need for innovative security solutions further contribute to market expansion.

Key players in the market

Some of the key players profiled in the Terahertz Technology Market include IBM Corporation, Thales Group, NTT Electronics Corporation, Fujitsu Ltd., Stanford Research Systems, Inc., Hamamatsu Photonics K.K., Optoelectronica, Lightwave Logic, Inc., TeraView Ltd., Terasense Group Inc., Virginia Diodes, Inc., Menlo Systems, QMC Instruments Ltd., Gentec Electro-Optics Inc., TicWave Solutions GmbH, Acal BFi and NeoPhotonics Corporation.

Key Developments:

In July 2024, TicWave Solutions GmbH has introduced a new line of silicon-based terahertz products, including cameras, sources, and imaging systems. These products are designed to meet the growing demand for high-performance terahertz technology in both research and industry.

In January 2024, Gentec Electro-Optics unveiled its new PRONTO-250-FLEX Laser Power Meter. This innovative device is designed to measure the power of laser beams across a broad spectrum of wavelengths and power levels. The PRONTO-250-FLEX is designed to measure laser power across a wide range of wavelengths, making it versatile for use in different laser applications.

Types Covered:

• Terahertz Time Domain Spectroscopy (THz-TDS)
• Terahertz Frequency Domain Spectroscopy (THz-FDS)
• Terahertz Imaging
• Terahertz Radiation
• Other Types

Components Covered:

• Terahertz Sources
• Terahertz Detectors
• Terahertz Generators
• Terahertz Software
• Other Components

Applications Covered:

• Material Characterization
• Security & Surveillance
• Communications
• Non-Destructive Testing (NDT)
• Industrial Process Monitoring
• Quality Control
• Environmental & Atmospheric Monitoring
• Other Applications

End Users Covered:

• Healthcare
• Aerospace & Defense
• Consumer Electronics
• Manufacturing & Industrial
• Research & Development (R&D)
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Terahertz Technology Market, By Type

• 5.1 Introduction
• 5.2 Terahertz Time Domain Spectroscopy (THz-TDS)
• 5.3 Terahertz Frequency Domain Spectroscopy (THz-FDS)
• 5.4 Terahertz Imaging
• 5.5 Terahertz Radiation
• 5.6 Other Types

6 Global Terahertz Technology Market, By Component

• 6.1 Introduction
• 6.2 Terahertz Sources
  • 6.2.1 Gas Lasers
  • 6.2.2 Photoconductive Antennas
  • 6.2.3 Quantum Cascade Lasers
  • 6.2.4 Vacuum Tubes
• 6.3 Terahertz Detectors
  • 6.3.1 Bolometers
  • 6.3.2 Metal-Insulator-Metal Diodes (MIM)
  • 6.3.3 Photodiodes
• 6.4 Terahertz Generators
• 6.5 Terahertz Software
• 6.6 Other Components

7 Global Terahertz Technology Market, By Application

• 7.1 Introduction
• 7.2 Material Characterization
• 7.3 Security & Surveillance
• 7.4 Communications
• 7.5 Non-Destructive Testing (NDT)
• 7.6 Industrial Process Monitoring
• 7.7 Quality Control
• 7.8 Environmental & Atmospheric Monitoring
• 7.9 Other Applications

8 Global Terahertz Technology Market, By End User

• 8.1 Introduction
• 8.2 Healthcare
• 8.3 Aerospace & Defense
• 8.4 Consumer Electronics
• 8.5 Manufacturing & Industrial
• 8.6 Research & Development (R&D)
• 8.7 Other End Users

9 Global Terahertz Technology Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 IBM Corporation
• 11.2 Thales Group
• 11.3 NTT Electronics Corporation
• 11.4 Fujitsu Ltd.
• 11.5 Stanford Research Systems, Inc.
• 11.6 Hamamatsu Photonics K.K.
• 11.7 Optoelectronica
• 11.8 Lightwave Logic, Inc.
• 11.9 TeraView Ltd.
• 11.10 Terasense Group Inc.
• 11.11 Virginia Diodes, Inc.
• 11.12 Menlo Systems
• 11.13 QMC Instruments Ltd.
• 11.14 Gentec Electro-Optics Inc.
• 11.15 TicWave Solutions GmbH
• 11.16 Acal BFi
• 11.17 NeoPhotonics Corporation