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Global Terahertz (THz) Technology Market Expected to Reach 1419.4 Mn US$ by the End of 2025

Global Terahertz (THz) Technology Market-New Research Report Announced with business priorities in order to assist companies to realign their business strategies.

 

Los Angeles, CA -- (SBWIRE) -- 06/04/2019 -- Terahertz (THz) Technology is widely used in Laboratory Research, Medical & Healthcare, Military and Homeland Security and Industrial Non-Destructive Testing (NDT). According to the report data, 53.11% of the market demand for Terahertz (THz) Technology in the field of Laboratory Research in 2018.

Terahertz (THz) Technology is divided into Terahertz Imaging, Terahertz Spectroscopy and Terahertz Communication Systems. Terahertz Imaging plays an important role in terahertz technology, with a market share approaching 64.85% in 2018.

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In short, the Terahertz (THz) Technology industry will continue to be a relatively fast-growing industry in the coming years. There are many opportunities for sales of terahertz imaging inspections, and more companies will enter the industry, especially in developing countries.

In 2018, the global Terahertz (THz) Technology market size was 309.6 million US$ and it is expected to reach 1419.4 million US$ by the end of 2025, with a CAGR of 24.3% during 2019-2025.

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This report focuses on the global Terahertz (THz) Technology status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Terahertz (THz) Technology development in United States, Europe and China.

The key players covered in this study

Brainware Terahertz Information

Advantest Corporation

Hübner GmbH & Co. KG

Daheng New Epoch Technology

Toptica Photonics AG

Luna Innovations Incorporated

TeraView

Bruker

Terasense Group Inc.

Menlo Systems GmbH

EKSPLA

Microtech Instrument Inc

Insight Product

Traycer

BATOP GmbH

Asqella

Market segment by Type, the product can be split into

Terahertz Imaging

Terahertz Spectroscopy

Terahertz Communication Systems

Market segment by Application, split into

Laboratory Research

Medical & Healthcare

Military and Homeland Security

Industrial Non-Destructive Testing (NDT)

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