24.5% Growth Rate (CAGR) to be Register by Global Terahertz Imaging Inspection Market

Global Terahertz Imaging Inspection Market report analyzes and research the global capacity, production, revenue, consumption, status and forecast to 2025 by type, application and region

The global Terahertz Imaging Inspection market is valued at 230 million US$ in 2018 is expected to reach 1330 million US$ by the end of 2025, growing at a CAGR of 24.5% during 2019-2025.

This report focuses on Terahertz Imaging Inspection volume and value at global level, regional level and company level. From a global perspective, this report represents overall Terahertz Imaging Inspection market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.Key companies profiled on his report are 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 and more in the terms of Product Introduction, Application, Specification, companies Production, Revenue, Price and Gross Margin (2014-2019), etc.

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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.

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Study objectives

  • To analyze and research the global capacity, production, revenue, consumption, status and forecast.
  • To present the key manufacturers, capacity, production, revenue, market share, and recent development.
  • To focus on the global key manufacturers, to define, describe and analyze the market competition landscape,
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Posted by on Tuesday March 26 2019, 9:46 AM EDT. All trademarks acknowledged. Filed under Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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