The global terahertz technology market is anticipated to grow at a considerable CAGR of 15.9% during the forecast period. The terahertz wave is an electromagnetic wave with a spectrum ranging between microwave and infrared. It has the advantages of low energy, non-invasive, high resolution, and penetration. Based on these advantages, terahertz is relatively safe for bimolecular and it has been applied in terahertz imaging. These high-frequency radio waves have many unique properties, such as the ability to pass through certain solid materials without the health effects of X-rays. They also enable higher-speed communications or vision systems that help see through foggy and dusty environments. For instance, in November 2020, China launched a satellite for an experiment on (6G) the sixth-generation mobile communication technology in space that uses high-frequency terahertz waves to achieve data-transmission speeds faster than 5G. Terahertz communication is envisioned as a promising wireless technology for 6G, which requires above 100 gigabits per second data rates, and 1-millisecond latency, among other performance metrics. The very large bandwidth available at THz frequencies can alleviate the spectrum scarcity problem while enabling terabytes-per-second transmission speed – over 10 times faster than 5G mobile networks.
Browse the full report description of “Terahertz Technology Market Size, Share & Trends Analysis Report by Technology (Terahertz Imaging Systems, Terahertz Spectroscopy Systems, and Communication Systems), and by End-User (Medical & Healthcare, Defense and Security, Automotive and Aerospace, Semi-conductor and Electronics, Telecommunications and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/terahertz-technology-market
Further, the growing R&D and launches of new and innovative products and devices based on terahertz technology are driving the global terahertz technology market. For instance, in November 2021, Advantest Corp. introduced a high-frequency resolution option for its TAS7400TS terahertz optical sampling analysis system. The new option Features ease of operation and provides a measurement method for high-frequency characteristic evaluation of radio wave absorbers and base materials, which are indispensable for beyond 5G/ 6G next-generation communications technology and millimeter-wave radar technology used in ADAS (advanced driver assistance systems).
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Technology
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Advantest Corporation, Luna Innovations Incorporated, TeraView Limited, TOPTICA Photonics AG, HÜBNER GmbH & Co. KG, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Terahertz Technology Market Report Segment
By Technology
By End-User
Global Terahertz Technology Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/terahertz-technology-market