テラヘルツ技術市場規模、シェア、動向、2030年までの世界予測

Terahertz Technology Market - Global Forecast To 2030

Terahertz Technology Market by Terahertz Imaging, Terahertz Spectroscopy, Terahertz Communication Systems, Laboratory Research, Medical & Healthcare, Industrial NDT, Outdoor/Indoor Wireless Communications - Global Forecast to 2030

商品番号 : SMB-15788

出版社 MarketsandMarkets
出版年月2025年9月
ページ数205
図表数248
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

テラヘルツ技術市場 – テラヘルツイメージング、テラヘルツ分光法、テラヘルツ通信システム、研究室研究、医療・ヘルスケア、産業用非破壊検査、屋外/屋内無線通信 – 2030年までの世界予測

本レポートでは、テラヘルツ技術市場をタイプ、アプリケーション、地域別にセグメント化し、市場規模を予測しています。また、市場の牽引要因、制約要因、機会、課題についても考察しています。北米、欧州、アジア太平洋、その他世界の4つの主要地域における市場の詳細な分析を提供しています。さらに、サプライチェーン分析に加え、主要プレーヤーとそのテラヘルツ技術エコシステムにおける競合分析も含まれています。

テラヘルツ技術市場は、2025年の8億1,870万米ドルから2030年には17億650万米ドルに拡大し、年平均成長率(CAGR)15.8%で成長すると予測されています。この成長は主に、医療・ヘルスケア分野におけるテラヘルツイメージングおよび分光法の導入拡大によって牽引されています。これらの技術は、非電離性の高解像度診断、コーティングの完全性検査、医薬品の品質管理を可能にします。同時に、軍事および国土安全保障への投資増加は、爆発物や隠れた脅威を検知するための非侵襲性スクリーニングに使用されるテラヘルツシステムの需要を促進しています。もう一つの大きな成長促進要因は、次世代通信技術の進歩です。テラヘルツ周波数は、衛星通信、戦術通信、屋内外通信のための超高速で安全な無線データ転送をサポートします。さらに、テラヘルツソリューションは、分子分析のための研究室研究や、損傷を与えることなく構造の完全性を評価するための産業用非破壊検査(NDT)にも採用されています。これらの多様な応用分野により、テラヘルツ技術は医療、防衛、通信、産業の各分野における重要な実現手段として位置付けられ、世界中で力強い市場拡大を持続しています。

The Terahertz Technology market is expected to grow from USD 818.7 million in 2025 to USD 1,706.5 million by 2030, at a CAGR of 15.8%. Growth is primarily fueled by the expanding adoption of terahertz imaging and spectroscopy in the medical and healthcare sector, where it enables non-ionizing, high-resolution diagnostics, coating integrity checks, and pharmaceutical quality control. At the same time, increasing investments in military and homeland security are driving demand for terahertz systems used in non-invasive screening to detect explosives and concealed threats. Another major growth catalyst is the advancement of next-generation communication technologies, as terahertz frequencies support ultra-fast, secure wireless data transfer for satellite, tactical, and indoor/outdoor communications. In addition, terahertz solutions are being adopted in laboratory research for molecular analysis and in industrial non-destructive testing (NDT) to evaluate structural integrity without causing damage. Together, these diverse application areas position terahertz technology as a critical enabler across healthcare, defense, communications, and industrial domains, sustaining strong market expansion worldwide.

テラヘルツ技術市場規模、シェア、動向、2030年までの世界予測
Terahertz Technology Market – Global Forecast To 2030

The medical & healthcare applications accounted for the second-largest market share in 2024.

The medical & healthcare application represents the second largest share of the terahertz technology market in 2024, supported by its growing role in non-invasive diagnostics and pharmaceutical quality control. Terahertz systems are increasingly utilized for applications such as early disease detection, tissue characterization, and dental imaging, owing to their ability to deliver high-resolution, non-ionizing imaging that is safer than conventional methods. In addition, pharmaceutical companies are adopting terahertz spectroscopy to analyze coating thickness, crystallinity, and impurity levels, ensuring product quality and regulatory compliance. Hospitals, research institutions, and life sciences companies are also integrating these systems to advance precision medicine and improve treatment outcomes. The rising demand for safer diagnostic technologies, coupled with the need for reliable quality assurance in drug development, has positioned medical and healthcare as one of the most promising end-use sectors. As innovation accelerates, particularly in imaging and point-of-care applications, this segment continues to expand its contribution to the global terahertz technology market.

The terahertz imaging segment is projected to register the second-highest CAGR during the forecast period.

The terahertz imaging segment is projected to register the second-highest CAGR in the terahertz technology market during the forecast period, driven by its expanding use across healthcare, security, and industrial applications. In the medical and healthcare sector, terahertz imaging is gaining traction for non-invasive diagnostics, enabling detailed visualization of tissues without harmful radiation. Similarly, in military and homeland security, it is increasingly deployed to detect concealed weapons and explosives, offering a safer and more effective alternative to conventional scanning methods. The technology is also being adopted in industrial non-destructive testing (NDT), where it ensures precise inspection of materials and components without causing damage. The growing emphasis on high-resolution, real-time imaging, combined with advancements in compact and portable systems, is fueling wider adoption across both commercial and research domains. As industries continue to prioritize safety, quality assurance, and advanced diagnostic solutions, terahertz imaging is set to play a pivotal role in shaping market growth over the coming years.

テラヘルツ技術市場規模、シェア、動向、2030年までの世界予測 - 地域
Terahertz Technology Market – region

Canada is estimated to register the highest CAGR in the North American terahertz technology market during the forecast period.

Canada is anticipated to record the highest CAGR in the North American terahertz technology market over the forecast period, driven by increasing investments in medical research, defense modernization, and advanced communication technologies. Canadian universities and research institutes are actively exploring terahertz applications in biomedical imaging and pharmaceutical testing, creating strong demand for spectroscopy and imaging systems. At the same time, government initiatives to enhance homeland security and defense capabilities are fostering the adoption of terahertz-based screening and detection systems for threat identification. Furthermore, the growing participation of Canada in developing next-generation wireless communication infrastructure, including 6G research, is accelerating interest in terahertz frequencies for ultra-fast data transfer. The strong research activity, rising healthcare innovation, and supportive government programs position Canada as a leading growth market for terahertz technology in North America.

Breakdown of Primaries

A variety of executives from key organizations operating in the terahertz technology market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.

  • By Company Type: Tier 1–35%, Tier 2– 40%, and Tier 3–25%
  • By Designation: C-level Executives–30%, Directors–40%, and Others–30%
  • By Region: North America–40%, Europe –32%, Asia Pacific –23%, and Rest of the World–5%

The terahertz technology market is dominated by globally established players such as ADVANTEST CORPORATION (Japan), HÜBNER GmbH & Co. KG (Germany), TOPTICA Photonics AG (Germany), Gentec Electro-Optics (Canada), Luna Innovations (US), Menlo Systems (Germany), TeraView Limited (UK), Terasense Group Inc. (US), QMC Instruments Ltd. (UK), and Quantum Design Inc. (US). The study includes an in-depth competitive analysis of these key players in the terahertz technology market, as well as their company profiles, recent developments, and key market strategies.

テラヘルツ技術市場規模、シェア、動向、2030年までの世界予測 - 対象企業
Terahertz Technology Market – ecosystem

Study Coverage

The report segments the terahertz technology market and forecasts its size by type, application, and region. It also discusses the market’s drivers, restraints, opportunities, and challenges. It gives a detailed view of the market across four main regions: North America, Europe, Asia Pacific, and Rest of the World. The report includes a supply chain analysis, along with the key players and their competitive analysis of the terahertz technology ecosystem.

Key Benefits of Buying the Report

  • Analysis of key drivers (increasing emphasis on public safety and security, growing integration of terahertz in medical imaging and diagnostics), restraints (limited awareness and expertise across end-use industries, and complex integration with existing systems), opportunities (increasing focus on 6G and ultra-high-speed communications, booming automotive sector for advanced driver assistance systems, and growing investment in quantum and ultrafast optics research), and challenges (technical barriers to generating and detecting stable terahertz signals) influencing the growth of the terahertz technology market
  • Products/Solution/Service Development/Innovation: Detailed insights into upcoming technologies, research and development activities, and new product/solution/service launches in the terahertz technology market
  • Market Development: Comprehensive information about lucrative markets–the report analyses the terahertz technology market across varied regions.
  • Market Diversification: Exhaustive information about new products/solutions/services, untapped geographies, recent developments, and investments in the terahertz technology market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as ADVANTEST CORPORATION (Japan), HÜBNER GmbH & Co. KG (Germany), TOPTICA Photonics AG (Germany), Luna Innovations (US), and Thorlabs, Inc. (US), among others.

Table of Contents

1               INTRODUCTION              23

1.1           STUDY OBJECTIVES       23

1.2           MARKET DEFINITION AND SCOPE           24

1.2.1        INCLUSIONS AND EXCLUSIONS 24

1.2.2        MARKETS COVERED       25

1.2.3        YEARS CONSIDERED      26

1.3           CURRENCY          26

1.4           STAKEHOLDERS               26

1.5           SUMMARY OF CHANGES               27

2               RESEARCH METHODOLOGY       28

2.1           RESEARCH DATA              28

2.1.1        SECONDARY DATA          29

2.1.1.1    Key data from secondary sources       29

2.1.1.2    List of key secondary sources              29

2.1.2        PRIMARY DATA 30

2.1.2.1    Key data from primary sources           30

2.1.2.2    List of primary interview participants               30

2.1.2.3    Breakdown of primaries      31

2.1.2.4    Key industry insights           31

2.1.3        SECONDARY AND PRIMARY RESEARCH 32

2.2           MARKET SIZE ESTIMATION METHODOLOGY     32

2.2.1        BOTTOM-UP APPROACH              34

2.2.1.1    Approach to arrive at market size using bottom-up analysis (demand side)       34

2.2.2        TOP-DOWN APPROACH                35

2.2.2.1    Approach to arrive at market size using top-down analysis (supply side)        35

2.3           MARKET SHARE ESTIMATION    35

2.4           DATA TRIANGULATION                36

2.5           RISK ANALYSIS  37

2.6           RESEARCH ASSUMPTIONS           37

2.7           RESEARCH LIMITATIONS             38

3               EXECUTIVE SUMMARY  39

4               PREMIUM INSIGHTS       43

4.1           ATTRACTIVE GROWTH OPPORTUNITIES IN TERAHERTZ TECHNOLOGY MARKET     43

4.2           TERAHERTZ TECHNOLOGY MARKET, BY TYPE 43

4.3           TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION                 44

4.4           TERAHERTZ TECHNOLOGY MARKET, BY REGION                 44

4.5           TERAHERTZ TECHNOLOGY MARKET, BY COUNTRY                 45

5               MARKET OVERVIEW       46

5.1           INTRODUCTION              46

5.2           MARKET DYNAMICS       46

5.2.1        DRIVERS               47

5.2.1.1    Increasing use in security screening and surveillance applications                 47

5.2.1.2    Rise in applications in medical imaging and diagnostics                 47

5.2.2        RESTRAINTS      48

5.2.2.1    Limited awareness and expertise across end-user industries                 48

5.2.2.2    Complex integration with existing systems      48

5.2.3        OPPORTUNITIES              49

5.2.3.1    Role in 6G and ultra-high-speed communications          49

5.2.3.2    Expansion into automotive sector with Advanced Driver Assistance Systems (ADAS)               50

5.2.3.3    Growing investment in quantum and ultrafast optics research                 50

5.2.4        CHALLENGES    51

5.2.4.1    Technical barriers to generating and detecting stable terahertz signals    51

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES       52

5.4           PRICING ANALYSIS          53

5.4.1        AVERAGE SELLING PRICE TREND, BY REGION   53

5.4.2        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE     54

5.5           SUPPLY CHAIN ANALYSIS             55

5.6           ECOSYSTEM ANALYSIS  56

5.7           TECHNOLOGY ANALYSIS             57

5.7.1        KEY TECHNOLOGIES     57

5.7.1.1    Terahertz detectors              57

5.7.1.2    Terahertz imaging systems 57

5.7.1.3    Terahertz spectroscopy       57

5.7.2        COMPLEMENTARY TECHNOLOGIES       58

5.7.2.1    Photonic integration             58

5.7.3        ADJACENT TECHNOLOGIES       58

5.7.3.1    Infrared and optical imaging               58

5.7.3.2    Nanotechnology    58

5.8           PATENT ANALYSIS          59

5.9           TRADE ANALYSIS             60

5.9.1        EXPORT SCENARIO         60

5.9.2        IMPORT SCENARIO         61

5.10         KEY CONFERENCES AND EVENTS             62

5.11         CASE STUDY ANALYSIS 63

5.11.1      NVIDIA LEVERAGED TERAVIEW TERAHERTZ TECHNOLOGY TO OVERCOME CHIP-LEVEL FAULT ANALYSIS CHALLENGES    63

5.11.2      LUNA INNOVATIONS AND BRIDGESTONE ENHANCED TIRE RELIABILITY WITH TERAHERTZ-BASED MEASUREMENT SOLUTIONS        63

5.11.3      ENHANCED CHIP-LEVEL FAULT ANALYSIS WITH TERAHERTZ TIME-DOMAIN REFLECTOMETRY DRIVING PRECISION AND RELIABILITY    64

5.12         REGULATORY LANDSCAPE         64

5.12.1      REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS  64

5.12.2      KEY REGULATIONS         65

5.13         PORTER’S FIVE FORCES ANALYSIS           65

5.13.1      THREAT OF NEW ENTRANTS      67

5.13.2      THREAT OF SUBSTITUTES          67

5.13.3      BARGAINING POWER OF SUPPLIERS       67

5.13.4      BARGAINING POWER OF BUYERS             67

5.13.5      INTENSITY OF COMPETITIVE RIVALRY 68

5.14         KEY STAKEHOLDERS AND BUYING CRITERIA     68

5.14.1      KEY STAKEHOLDERS IN BUYING PROCESS           68

5.14.2      BUYING CRITERIA           69

5.15         IMPACT OF ARTIFICIAL INTELLIGENCE ON TERAHERTZ TECHNOLOGY MARKET                69

5.15.1      INTRODUCTION              69

5.16         IMPACT OF 2025 US TARIFF – TERAHERTZ TECHNOLOGY MARKET                70

5.16.1      INTRODUCTION              70

5.16.2      KEY TARIFF RATES          71

5.16.3      PRICE IMPACT ANALYSIS             72

5.16.4      IMPACT OF COUNTRY/REGION 72

5.16.4.1  US           72

5.16.4.2  Europe   73

5.16.4.3  Asia Pacific            73

5.16.5      IMPACT ON APPLICATION          73

6               TERAHERTZ TECHNOLOGY MARKET, BY TYPE 75

6.1           INTRODUCTION              76

6.2           TERAHERTZ IMAGING  78

6.2.1        TRANSFORMING NON-INVASIVE DIAGNOSTICS AND HIGH-PRECISION SECURITY SCREENING USING NEXT-GENERATION TERAHERTZ IMAGING     78

6.2.1.1    Active terahertz imaging systems      79

6.2.1.2    Passive terahertz imaging systems    79

6.3           TERAHERTZ SPECTROSCOPY     79

6.3.1        HARNESSING TERAHERTZ SPECTROSCOPY AS STRATEGIC ENABLER FOR NEXT-WAVE BIOMEDICAL AND PHARMA GROWTH          79

6.3.1.1    Terahertz time-domain spectroscopy                80

6.3.1.2    Terahertz frequency-domain spectroscopy      81

6.4           TERAHERTZ COMMUNICATION SYSTEMS            81

6.4.1        HARNESSING TERAHERTZ FREQUENCY BANDS TO ENABLE SCALABLE HIGH SPEED WIRELESS COMMUNICATION                 81

6.4.1.1    Antennas                82

6.4.1.2    Emitters 82

6.4.1.3    Modulators            83

7               TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION                 84

7.1           INTRODUCTION              85

7.2           LABORATORY RESEARCH             86

7.2.1        ADVANCING SCIENTIFIC FRONTIERS THROUGH TERAHERTZ-ENABLED HIGH-PRECISION LABORATORY RESEARCH SOLUTIONS 86

7.2.1.1    Material characterization    86

7.2.1.2    Biochemistry         87

7.2.1.3    Plasma diagnostics               87

7.3           MEDICAL & HEALTHCARE            90

7.3.1        LEVERAGING TERAHERTZ IMAGING FOR NON-IONIZING, HIGH-PRECISION DIAGNOSTICS IN NEXT-GEN HEALTHCARE    90

7.3.1.1    Oncology                91

7.3.1.2    Dentistry                91

7.3.1.3    Dermatology          91

7.3.1.4    Tomography          91

7.4           MILITARY & HOMELAND SECURITY        94

7.4.1        ADVANCING DEFENSE AND SECURITY CAPABILITIES THROUGH TERAHERTZ-DRIVEN THREAT DETECTION AND HIGH-SPEED COMMUNICATIONS            94

7.4.1.1    Passenger screening             95

7.4.1.2    Landmine and improvised explosive device detection    95

7.5           INDUSTRIAL NON-DESTRUCTIVE TESTING (NDT)                 98

7.5.1        UNLOCKING STRATEGIC VALUE THROUGH TERAHERTZ-DRIVEN, HIGH-PRECISION NON-DESTRUCTIVE TESTING SOLUTIONS    98

7.5.1.1    Aerospace               99

7.5.1.2    Semiconductor and electronics           99

7.5.1.3    Pharmaceuticals   99

7.6           SATELLITE COMMUNICATIONS                102

7.6.1        LEVERAGING INTER-SATELLITE COMMUNICATIONS TO ENHANCE BANDWIDTH, SECURITY, AND ORBITAL ASSET MONITORING   102

7.7           TACTICAL/MILITARY COMMUNICATIONS           106

7.7.1        TRANSFORMING TACTICAL CONNECTIVITY THROUGH TERAHERTZ-ENABLED ULTRA-SECURE, HIGH-BANDWIDTH BATTLEFIELD COMMUNICATIONS          106

7.8           OUTDOOR/INDOOR WIRELESS COMMUNICATIONS                 109

7.8.1        UNLOCKING ULTRA-HIGH DATA THROUGHPUT VIA SHORT-RANGE, LOW-TERAHERTZ WIRELESS NETWORK INNOVATION    109

8               TERAHERTZ TECHNOLOGY: SOURCES AND DETECTORS       113

8.1           INTRODUCTION              113

8.2           THZ SOURCES   113

8.2.1        QUANTUM-CASCADE LASER (QCL)         113

8.2.2        FREQUENCY MULTIPLIER            113

8.2.3        GLOBAR               114

8.2.4        PHOTOCONDUCTIVE ANTENNA (PCA) 114

8.2.5        STIMULATED TERAHERTZ AMPLIFIED RADIATION (STAR)  114

8.3           DETECTORS       115

8.3.1        SCHOTTKY DIODE          115

8.3.2        HIGH ELECTRON MOBILITY TRANSISTOR (HEMT)                 115

8.3.3        NANOWIRE         115

8.3.4        PYROELECTRIC DETECTOR        116

8.3.5        GOLAY CELL      116

8.3.6        BOLOMETER AND SUPERCONDUCTIVE HOT-SPOT AIR-BRIDGE BOLOMETER (SHAB)     116

9               TERAHERTZ TECHNOLOGY MARKET, BY REGION                 117

9.1           INTRODUCTION              118

9.2           NORTH AMERICA             119

9.2.1        MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 121

9.2.2        US           121

9.2.2.1    Academic leadership and stratospheric mission validations to accelerate commercialization of terahertz systems          121

9.2.3        CANADA               122

9.2.3.1    Healthcare innovation and cancer diagnostics drive adoption of non-ionizing terahertz imaging solutions         122

9.2.4        MEXICO                123

9.2.4.1    Telecom reforms and national research infrastructure to strengthen Mexico’s terahertz technology capabilities   123

9.3           EUROPE               124

9.3.1        MACROECONOMIC OUTLOOK FOR EUROPE      127

9.3.2        UK          127

9.3.2.1    Research excellence and breakthroughs to drive commercialization of terahertz applications in UK         127

9.3.3        GERMANY           128

9.3.3.1    Germany to fuel market leadership through breakthroughs in terahertz imaging and 6G-enabled systems     128

9.3.4        FRANCE                129

9.3.4.1    France to strengthen terahertz ecosystem through strategic investments in security, telecom, and industrial modernization   129

9.3.5        ITALY    131

9.3.5.1    Italy to strengthen global terahertz positioning through quantum devices and industrial integration      131

9.3.6        SPAIN    132

9.3.6.1    Spain to position terahertz as strategic enabler for industrial and healthcare innovation           132

9.3.7        REST OF EUROPE             133

9.4           ASIA PACIFIC     134

9.4.1        MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 136

9.4.2        JAPAN   137

9.4.2.1    Innovations in terahertz devices and 6G demonstrations to drive Japan’s market growth across telecom and connectivity sectors   137

9.4.3        CHINA  138

9.4.3.1    Economic expansion and semiconductor autonomy to support China’s terahertz technology market growth   138

9.4.4        INDIA    139

9.4.4.1    India to accelerate terahertz adoption through health, wellness, and defense-focused technological innovations               139

9.4.5        SOUTH KOREA  140

9.4.5.1    South Korea to expand terahertz commercialization through 6G innovation and cross-industry adoption            140

9.4.6        REST OF ASIA PACIFIC   141

9.5           REST OF THE WORLD (ROW)      142

9.5.1        MACROECONOMIC OUTLOOK FOR ROW              144

9.5.2        MIDDLE EAST & AFRICA                144

9.5.2.1    Unlocking strategic value of terahertz in next-gen connectivity and cultural asset preservation to support market growth              144

9.5.3        SOUTH AMERICA             145

9.5.3.1    Advancing terahertz innovation to drive South America’s science and industry landscape        145

10            COMPETITIVE LANDSCAPE         147

10.1         INTRODUCTION              147

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            147

10.3         REVENUE ANALYSIS, 2021–2024  149

10.4         MARKET SHARE ANALYSIS, 2024                 149

10.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 152

10.5.1      STARS   152

10.5.2      EMERGING LEADERS     152

10.5.3      PERVASIVE PLAYERS      152

10.5.4      PARTICIPANTS 152

10.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         154

10.5.5.1  Company footprint               154

10.5.5.2  Regional footprint                 154

10.5.5.3  Application footprint            155

10.5.5.4  Type footprint       156

10.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        157

10.6.1      PROGRESSIVE COMPANIES         157

10.6.2      RESPONSIVE COMPANIES            157

10.6.3      DYNAMIC COMPANIES  157

10.6.4      STARTING BLOCKS         157

10.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 159

10.6.5.1  Detailed list of key startups/SMEs    159

10.6.5.2  Competitive benchmarking of key startups/SMEs          159

10.7         COMPETITIVE SCENARIO             161

10.7.1      PRODUCT LAUNCHES   161

10.7.2      DEALS  162

10.7.3      EXPANSIONS     163

10.7.4      OTHER DEVELOPMENTS              163

11            COMPANY PROFILES      164

11.1         KEY PLAYERS     164

11.1.1      ADVANTEST CORPORATION      164

11.1.1.1  Business overview 164

11.1.1.2  Products/solutions/services offered  165

11.1.1.3  Recent developments           166

11.1.1.3.1                Product launches  166

11.1.1.3.2                Deals      167

11.1.1.3.3                Other developments             167

11.1.1.4  MnM view              167

11.1.1.4.1                Key strengths/right to win  167

11.1.1.4.2                Strategic choices made        167

11.1.1.4.3                Weaknesses and competitive threats 167

11.1.2      LUNA INNOVATIONS     168

11.1.2.1  Business overview 168

11.1.2.2  Products/solutions/services offered  168

11.1.2.2.1                Expansions             169

11.1.2.2.2                Other developments             169

11.1.2.3  MnM view              169

11.1.2.3.1                Key strengths/right to win  169

11.1.2.3.2                Strategic choices made        170

11.1.2.3.3                Weaknesses and competitive threats 170

11.1.3      TERAVIEW LIMITED       171

11.1.3.1  Business overview 171

11.1.3.2  Products/solutions/services offered  171

11.1.3.3  Recent developments           172

11.1.3.3.1                Product launches  172

11.1.3.3.2                Deals      172

11.1.3.4  MnM view              173

11.1.3.4.1                Key strengths/right to win  173

11.1.3.4.2                Strategic choices   173

11.1.3.4.3                Weaknesses and competitive threats 173

11.1.4      TOPTICA PHOTONICS AG            174

11.1.4.1  Business overview 174

11.1.4.2  Products/solutions/services offered  174

11.1.4.3  MnM view              175

11.1.4.3.1                Key strengths/right to win  175

11.1.4.3.2                Strategic choices made        175

11.1.4.3.3                Weaknesses and competitive threats 175

11.1.5      HÜBNER GMBH & CO. KG             176

11.1.5.1  Business overview 176

11.1.5.2  Products/solutions/services offered  176

11.1.5.3  Recent developments           177

11.1.5.3.1                Product launches  177

11.1.5.3.2                Deals      177

11.1.5.4  MnM view              177

11.1.5.4.1                Key strengths/right to win  177

11.1.5.4.2                Strategic choices   177

11.1.5.4.3                Weaknesses and competitive threats 178

11.1.6      MENLO SYSTEMS             179

11.1.6.1  Business overview 179

11.1.6.2  Products/solutions/services offered  179

11.1.6.3  Recent developments           180

11.1.6.3.1                Product launches  180

11.1.6.3.2                Expansions             180

11.1.7      TERASENSE GROUP INC.               181

11.1.7.1  Business overview 181

11.1.7.2  Products/solutions/services offered  181

11.1.7.3  Recent developments           182

11.1.7.3.1                Product launches  182

11.1.8      GENTEC ELECTRO-OPTICS         183

11.1.8.1  Business overview 183

11.1.8.2  Products/solutions/services offered  183

11.1.9      QMC INSTRUMENTS LTD.            184

11.1.9.1  Business overview 184

11.1.9.2  Products/solutions/services offered  184

11.1.10   TERAVIL LTD    185

11.1.10.1                 Business overview 185

11.1.10.2                 Products/solutions/services offered  185

11.2         OTHER PLAYERS              187

11.2.1      VIRGINIA DIODES, INC. 187

11.2.2      MICROTECH INSTRUMENTS       188

11.2.3      SWISSTO12          188

11.2.4      DEL MAR PHOTONICS, INC.        189

11.2.5      INSIGHT PRODUCT COMPANY  190

11.2.6      BATOP GMBH   191

11.2.7      LYTID SAS           191

11.2.8      TYDEX  192

11.2.9      QUANTUM DESIGN INC.               193

11.2.10   RAYSECUR, INC.                194

11.2.11   LONGWAVE PHOTONICS LLC    194

11.2.12   BRIDGE12 TECHNOLOGIES, INC.               195

11.2.13   ACAL BFI              196

11.2.14   THORLABS, INC.               197

11.2.15   SCIENCETECH INC.         198

12            APPENDIX           199

12.1         DISCUSSION GUIDE        199

12.2         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                201

12.3         CUSTOMIZATION OPTIONS        203

12.4         RELATED REPORTS         203

12.5         AUTHOR DETAILS           204

LIST OF TABLES

TABLE 1                TERAHERTZ TECHNOLOGY MARKET: RISK ANALYSIS            37

TABLE 2                AVERAGE SELLING PRICE TREND, BY REGION, 2021–2024 (USD)                53

TABLE 3                AVERAGE SELLING PRICE TREND BY KEY PLAYERS, BY TYPE, 2020–2024 (USD)        54

TABLE 4                KEY COMPANIES AND THEIR ROLE IN ECOSYSTEM       56

TABLE 5                LIST OF PATENTS IN TERAHERTZ TECHNOLOGY, 2023–2025              59

TABLE 6                EXPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 9027 FOR KEY COUNTRIES, 2020–2024 (USD MILLION)            61

TABLE 7                IMPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 9027 FOR KEY COUNTRIES, 2020–2024 (USD MILLION)            62

TABLE 8                NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  64

TABLE 9                EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS                 64

TABLE 10              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  65

TABLE 11              TERAHERTZ TECHNOLOGY MARKET: REGULATORY LANDSCAPE         65

TABLE 12              TERAHERTZ TECHNOLOGY MARKET: PORTER’S FIVE FORCES ANALYSIS, 2024      66

TABLE 13              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS           68

TABLE 14              KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 69

TABLE 15              US ADJUSTED RECIPROCAL TARIFF RATES                 71

TABLE 16              TERAHERTZ TECHNOLOGY MARKET, BY TYPE, 2021–2024 (USD MILLION)            76

TABLE 17              TERAHERTZ TECHNOLOGY MARKET, BY TYPE, 2025–2030 (USD MILLION)            77

TABLE 18              TERAHERTZ TECHNOLOGY MARKET, BY TYPE, 2021–2024 (THOUSAND UNITS)  77

TABLE 19              TERAHERTZ TECHNOLOGY MARKET, BY TYPE, 2025–2030 (THOUSAND UNITS)  77

TABLE 20              TERAHERTZ IMAGING TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            78

TABLE 21              TERAHERTZ IMAGING TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            79

TABLE 22              TERAHERTZ SPECTROSCOPY TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            80

TABLE 23              TERAHERTZ SPECTROSCOPY TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            80

TABLE 24              TERAHERTZ COMMUNICATION SYSTEMS MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            81

TABLE 25              TERAHERTZ COMMUNICATION SYSTEMS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            82

TABLE 26              TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              85

TABLE 27              TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              86

TABLE 28              TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH, BY REGION,  2021–2024 (USD MILLION)            87

TABLE 29              TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH, BY REGION,  2025–2030 (USD MILLION)            87

TABLE 30              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH,  BY COUNTRY, 2021–2024 (USD MILLION)       88

TABLE 31              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH,  BY COUNTRY, 2025–2030 (USD MILLION)       88

TABLE 32              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH,

BY COUNTRY, 2021–2024 (USD MILLION)               88

TABLE 33              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH,

BY COUNTRY, 2025–2030 (USD MILLION)               89

TABLE 34              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH,  BY COUNTRY, 2021–2024 (USD MILLION)       89

TABLE 35              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH,  BY COUNTRY, 2025–2030 (USD MILLION)       89

TABLE 36              ROW: TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH,

BY REGION, 2021–2024 (USD MILLION)   90

TABLE 37              ROW: TERAHERTZ TECHNOLOGY MARKET FOR LABORATORY RESEARCH,

BY REGION, 2025–2030 (USD MILLION)   90

TABLE 38              TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE, BY REGION,  2021–2024 (USD MILLION)            91

TABLE 39              TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE, BY REGION,  2025–2030 (USD MILLION)            92

TABLE 40              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE,  BY COUNTRY, 2021–2024 (USD MILLION)       92

TABLE 41              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE,  BY COUNTRY, 2025–2030 (USD MILLION)       92

TABLE 42              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE,

BY COUNTRY, 2021–2024 (USD MILLION)               93

TABLE 43              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE,

BY COUNTRY, 2025–2030 (USD MILLION)               93

TABLE 44              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE,  BY COUNTRY, 2021–2024 (USD MILLION)       93

TABLE 45              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE,  BY COUNTRY, 2025–2030 (USD MILLION)       94

TABLE 46              ROW: TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE,

BY REGION, 2021–2024 (USD MILLION)   94

TABLE 47              ROW: TERAHERTZ TECHNOLOGY MARKET FOR MEDICAL & HEALTHCARE,

BY REGION, 2025–2030 (USD MILLION)   94

TABLE 48              TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY,

BY REGION, 2021–2024 (USD MILLION)   95

TABLE 49              TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY,

BY REGION, 2025–2030 (USD MILLION)   96

TABLE 50              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY, BY COUNTRY, 2021–2024 (USD MILLION)            96

TABLE 51              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY, BY COUNTRY, 2025–2030 (USD MILLION)            96

TABLE 52              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY,  BY COUNTRY, 2021–2024 (USD MILLION)       96

TABLE 53              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY,  BY COUNTRY, 2025–2030 (USD MILLION)       97

TABLE 54              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY, BY COUNTRY, 2021–2024 (USD MILLION)            97

TABLE 55              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY, BY COUNTRY, 2025–2030 (USD MILLION)            97

TABLE 56              ROW: TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY,  BY REGION, 2021–2024 (USD MILLION) 98

TABLE 57              ROW: TERAHERTZ TECHNOLOGY MARKET FOR MILITARY & HOMELAND SECURITY,  BY REGION, 2025–2030 (USD MILLION) 98

TABLE 58              TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT, BY REGION,

2021–2024 (USD MILLION)            100

TABLE 59              TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT, BY REGION,

2025–2030 (USD MILLION)            100

TABLE 60              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT,

BY COUNTRY, 2021–2024 (USD MILLION)               100

TABLE 61              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT,

BY COUNTRY, 2025–2030 (USD MILLION)               100

TABLE 62              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT, BY COUNTRY,  2021–2024 (USD MILLION)            101

TABLE 63              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT, BY COUNTRY,  2025–2030 (USD MILLION)            101

TABLE 64              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT,

BY COUNTRY, 2021–2024 (USD MILLION)               101

TABLE 65              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT,

BY COUNTRY, 2025–2030 (USD MILLION)               102

TABLE 66              ROW: TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT, BY REGION,  2021–2024 (USD MILLION)                 102

TABLE 67              ROW: TERAHERTZ TECHNOLOGY MARKET FOR INDUSTRIAL NDT, BY REGION,  2025–2030 (USD MILLION)                 102

TABLE 68              TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION, BY REGION,  2021–2024 (USD MILLION)            103

TABLE 69              TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION, BY REGION,  2025–2030 (USD MILLION)            103

TABLE 70              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION, BY COUNTRY, 2021–2024 (USD MILLION)            103

TABLE 71              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION, BY COUNTRY, 2025–2030 (USD MILLION)            104

TABLE 72              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION,  BY COUNTRY, 2021–2024 (USD MILLION) 104

TABLE 73              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION,  BY COUNTRY, 2025–2030 (USD MILLION) 104

TABLE 74              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION,  BY COUNTRY, 2021–2024 (USD MILLION)            105

TABLE 75              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION,  BY COUNTRY, 2025–2030 (USD MILLION)            105

TABLE 76              ROW: TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION,

BY REGION, 2021–2024 (USD MILLION)   105

TABLE 77              ROW: TERAHERTZ TECHNOLOGY MARKET FOR SATELLITE COMMUNICATION,

BY REGION, 2025–2030 (USD MILLION)   105

TABLE 78              TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATIONS,  BY REGION, 2021–2024 (USD MILLION)       106

TABLE 79              TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATIONS,  BY REGION, 2025–2030 (USD MILLION)       106

TABLE 80              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATIONS, BY COUNTRY, 2021–2024 (USD MILLION)     107

TABLE 81              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATIONS, BY COUNTRY, 2025–2030 (USD MILLION)     107

TABLE 82              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATIONS, BY COUNTRY, 2021–2024 (USD MILLION)            107

TABLE 83              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATIONS, BY COUNTRY, 2025–2030 (USD MILLION)            108

TABLE 84              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATIONS, BY COUNTRY, 2021–2024 (USD MILLION)     108

TABLE 85              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATIONS, BY COUNTRY, 2025–2030 (USD MILLION)     108

TABLE 86              ROW: TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATIONS,  BY REGION, 2021–2024 (USD MILLION)       109

TABLE 87              ROW: TERAHERTZ TECHNOLOGY MARKET FOR TACTICAL/MILITARY COMMUNICATIONS,  BY REGION, 2025–2030 (USD MILLION)       109

TABLE 88              TERAHERTZ TECHNOLOGY MARKET FOR OUTDOOR/INDOOR WIRELESS COMMUNICATIONS, BY REGION, 2021–2024 (USD MILLION)            109

TABLE 89              TERAHERTZ TECHNOLOGY MARKET FOR OUTDOOR/INDOOR WIRELESS COMMUNICATIONS, BY REGION, 2025–2030 (USD MILLION)            110

TABLE 90              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR OUTDOOR/INDOOR WIRELESS COMMUNICATIONS, BY COUNTRY, 2021–2024 (USD MILLION)                 110

TABLE 91              NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET FOR OUTDOOR/INDOOR WIRELESS COMMUNICATIONS, BY COUNTRY, 2025–2030 (USD MILLION)                 110

TABLE 92              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR OUTDOOR/INDOOR WIRELESS COMMUNICATIONS, BY COUNTRY, 2021–2024 (USD MILLION)     110

TABLE 93              EUROPE: TERAHERTZ TECHNOLOGY MARKET FOR OUTDOOR/INDOOR WIRELESS COMMUNICATIONS, BY COUNTRY, 2025–2030 (USD MILLION)     111

TABLE 94              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR OUTDOOR/INDOOR WIRELESS COMMUNICATIONS, BY COUNTRY, 2021–2024 (USD MILLION)                 111

TABLE 95              ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET FOR OUTDOOR/INDOOR WIRELESS COMMUNICATIONS, BY COUNTRY, 2025–2030 (USD MILLION)                 111

TABLE 96              ROW: TERAHERTZ TECHNOLOGY MARKET FOR OUTDOOR/INDOOR WIRELESS COMMUNICATIONS, BY REGION, 2021–2024 (USD MILLION)            112

TABLE 97              ROW: TERAHERTZ TECHNOLOGY MARKET FOR OUTDOOR/INDOOR WIRELESS COMMUNICATIONS, BY REGION, 2025–2030 (USD MILLION)            112

TABLE 98              TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2021–2024 (USD MILLION)          118

TABLE 99              TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2025–2030 (USD MILLION)          118

TABLE 100            NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            120

TABLE 101            NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            120

TABLE 102            NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            120

TABLE 103            NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            121

TABLE 104            US: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            122

TABLE 105            US: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            122

TABLE 106            CANADA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            123

TABLE 107            CANADA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            123

TABLE 108            MEXICO: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            124

TABLE 109            MEXICO: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            124

TABLE 110            EUROPE: TERAHERTZ TECHNOLOGY MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            125

TABLE 111            EUROPE: TERAHERTZ TECHNOLOGY MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            126

TABLE 112            EUROPE: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            126

TABLE 113            EUROPE: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            126

TABLE 114            UK: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            128

TABLE 115            UK: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            128

TABLE 116            GERMANY: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            129

TABLE 117            GERMANY: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            129

TABLE 118            FRANCE: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            130

TABLE 119            FRANCE: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            130

TABLE 120            ITALY: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            131

TABLE 121            ITALY: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            131

TABLE 122            SPAIN: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            132

TABLE 123            SPAIN: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            132

TABLE 124            REST OF EUROPE: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            133

TABLE 125            REST OF EUROPE: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            133

TABLE 126            ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            135

TABLE 127            ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            135

TABLE 128            ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            136

TABLE 129            ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            136

TABLE 130            JAPAN: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            137

TABLE 131            JAPAN: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            137

TABLE 132            CHINA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            138

TABLE 133            CHINA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            138

TABLE 134            INDIA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            139

TABLE 135            INDIA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            139

TABLE 136            SOUTH KOREA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            140

TABLE 137            SOUTH KOREA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            140

TABLE 138            REST OF ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,  2021–2024 (USD MILLION)            141

TABLE 139            REST OF ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,  2025–2030 (USD MILLION)            142

TABLE 140            ROW: TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2021–2024 (USD MILLION)          143

TABLE 141            ROW: TERAHERTZ TECHNOLOGY MARKET, BY REGION, 2025–2030 (USD MILLION)          143

TABLE 142            ROW: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            143

TABLE 143            ROW: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            143

TABLE 144            MIDDLE EAST & AFRICA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,  2021–2024 (USD MILLION)            144

TABLE 145            MIDDLE EAST & AFRICA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,  2025–2030 (USD MILLION)            145

TABLE 146            SOUTH AMERICA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            145

TABLE 147            SOUTH AMERICA: TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            146

TABLE 148            TERAHERTZ TECHNOLOGY MARKET: KEY PLAYER STRATEGIES/RIGHT TO WIN     147

TABLE 149            TERAHERTZ TECHNOLOGY MARKET: DEGREE OF COMPETITION           150

TABLE 150            TERAHERTZ TECHNOLOGY MARKET: COMPANY REGIONAL FOOTPRINT, 2024                154

TABLE 151            TERAHERTZ TECHNOLOGY MARKET: APPLICATION FOOTPRINT, 2024               155

TABLE 152            TERAHERTZ TECHNOLOGY MARKET: TYPE FOOTPRINT, 2024             156

TABLE 153            TERAHERTZ TECHNOLOGY MARKET: DETAILED LIST OF KEY

STARTUPS/SMES, 2024   159

TABLE 154            TERAHERTZ TECHNOLOGY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (REGIONAL FOOTPRINT), 2024  159

TABLE 155            TERAHERTZ TECHNOLOGY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (APPLICATION FOOTPRINT), 2024            160

TABLE 156            TERAHERTZ TECHNOLOGY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (TECHNOLOGY FOOTPRINT), 2024          160

TABLE 157            TERAHERTZ TECHNOLOGY MARKET: PRODUCT LAUNCHES,

JANUARY 2021–AUGUST 2025       161

TABLE 158            TERAHERTZ TECHNOLOGY MARKET: DEALS, JANUARY 2021–AUGUST 2025       162

TABLE 159            TERAHERTZ TECHNOLOGY MARKET: EXPANSIONS, JANUARY 2021–AUGUST 2025          163

TABLE 160            TERAHERTZ TECHNOLOGY MARKET: OTHER DEVELOPMENTS,

JANUARY 2021–AUGUST 2025       163

TABLE 161            ADVANTEST CORPORATION: BUSINESS OVERVIEW          164

TABLE 162            ADVANTEST CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    165

TABLE 163            ADVANTEST CORPORATION: PRODUCT LAUNCHES          166

TABLE 164            ADVANTEST CORPORATION: DEALS      167

TABLE 165            ADVANTEST CORPORATION: OTHER DEVELOPMENTS              167

TABLE 166            LUNA INNOVATIONS: BUSINESS OVERVIEW                 168

TABLE 167            LUNA INNOVATIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    168

TABLE 168            LUNA INNOVATIONS: EXPANSIONS        169

TABLE 169            LUNA INNOVATIONS: OTHER DEVELOPMENTS                 169

TABLE 170            TERAVIEW LIMITED: BUSINESS OVERVIEW                 171

TABLE 171            TERAVIEW LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    171

TABLE 172            TERAVIEW LIMITED: PRODUCT LAUNCHES                 172

TABLE 173            TERAVIEW LIMITED: DEALS       172

TABLE 174            TOPTICA PHOTONICS AG: BUSINESS OVERVIEW                 174

TABLE 175            TOPTICA PHOTONICS AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    174

TABLE 176            HÜBNER GMBH & CO. KG: BUSINESS OVERVIEW                 176

TABLE 177            HÜBNER GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    176

TABLE 178            HÜBNER GMBH & CO. KG: PRODUCT LAUNCHES          177

TABLE 179            HÜBNER GMBH & CO. KG: DEALS             177

TABLE 180            MENLO SYSTEMS: BUSINESS OVERVIEW                 179

TABLE 181            MENLO SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    179

TABLE 182            MENLO SYSTEMS: PRODUCT LAUNCHES                 180

TABLE 183            MENLO SYSTEMS: EXPANSIONS 180

TABLE 184            TERASENSE GROUP INC.: BUSINESS OVERVIEW                 181

TABLE 185            TERASENSE GROUP INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    181

TABLE 186            TERASENSE GROUP INC.: PRODUCT LAUNCHES                 182

TABLE 187            GENTEC-EO: BUSINESS OVERVIEW          183

TABLE 188            GENTEC-EO: PRODUCTS/SOLUTIONS/SERVICES OFFERED    183

TABLE 189            QMC INSTRUMENTS LTD.: BUSINESS OVERVIEW                 184

TABLE 190            QMC INSTRUMENTS LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    184

TABLE 191            TERAVIL LTD: BUSINESS OVERVIEW       185

TABLE 192            TERAVIL LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED    185

LIST OF FIGURES

FIGURE 1              TERAHERTZ TECHNOLOGY MARKET SEGMENTATION              25

FIGURE 2              STUDY YEARS CONSIDERED       26

FIGURE 3              TERAHERTZ TRANSMISSION MARKET: RESEARCH DESIGN         28

FIGURE 4              KEY DATA FROM SECONDARY SOURCES                 29

FIGURE 5              KEY DATA FROM PRIMARY SOURCES     30

FIGURE 6              BREAKDOWN OF PRIMARIES, BY COMPANY TYPE, DESIGNATION, AND REGION        31

FIGURE 7              KEY INSIGHTS FROM INDUSTRY EXPERTS                 31

FIGURE 8              SECONDARY AND PRIMARY RESEARCH APPROACHES    32

FIGURE 9              METHODOLOGY—APPROACH 1 (SUPPLY SIDE)                 33

FIGURE 10            METHODOLOGY—APPROACH 2 (SUPPLY SIDE)                 33

FIGURE 11            METHODOLOGY—APPROACH 3 (DEMAND SIDE)     34

FIGURE 12            TERAHERTZ TECHNOLOGY MARKET: BOTTOM-UP APPROACH              35

FIGURE 13            TERAHERTZ TECHNOLOGY MARKET: TOP-DOWN APPROACH          35

FIGURE 14            TERAHERTZ TECHNOLOGY MARKET: DATA TRIANGULATION             36

FIGURE 15            TERAHERTZ TECHNOLOGY MARKET: RESEARCH ASSUMPTIONS           37

FIGURE 16            TERAHERTZ TECHNOLOGY MARKET: RESEARCH LIMITATIONS             38

FIGURE 17            TERAHERTZ TECHNOLOGY MARKET GROWTH TREND,  2021–2030 (USD MILLION)        40

FIGURE 18            TERAHERTZ IMAGING SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE

BY 2030 40

FIGURE 19            LABORATORY RESEARCH APPLICATION TO WITNESS HIGHEST MARKET SHARE OF TERAHERTZ TECHNOLOGY MARKET IN 2030                 41

FIGURE 20            NORTH AMERICA ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 41

FIGURE 21            GROWING ADOPTION OF TERAHERTZ SYSTEMS IN SEMICONDUCTOR  INDUSTRY TO FUEL GROWTH OF TERAHERTZ TECHNOLOGY MARKET DURING FORECAST PERIOD                43

FIGURE 22            TERAHERTZ COMMUNICATION SYSTEMS TO BE FASTEST-GROWING TYPE SEGMENT DURING FORECAST PERIOD                43

FIGURE 23            SATELLITE COMMUNICATIONS TO WITNESS HIGHEST CAGR IN FORECASTING PERIOD           44

FIGURE 24            ASIA PACIFIC TO BE LARGEST REGIONAL TERAHERTZ TECHNOLOGY MARKET

IN 2030  44

FIGURE 25            INDIA TO RECORD HIGHEST CAGR IN OVERALL TERAHERTZ TECHNOLOGY MARKET DURING FORECAST PERIOD                45

FIGURE 26            TERAHERTZ TECHNOLOGY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          46

FIGURE 27            TERAHERTZ TECHNOLOGY MARKET DRIVERS AND THEIR IMPACT       48

FIGURE 28            TERAHERTZ TECHNOLOGY MARKET RESTRAINTS AND THEIR IMPACT             49

FIGURE 29            TERAHERTZ TECHNOLOGY MARKET OPPORTUNITIES AND THEIR IMPACT   51

FIGURE 30            TERAHERTZ TECHNOLOGY MARKET CHALLENGES AND THEIR IMPACT          51

FIGURE 31            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES               52

FIGURE 32            AVERAGE SELLING PRICE TREND, BY REGION, 2021–2024 (USD)                53

FIGURE 33            AVERAGE SELLING PRICE TREND BY KEY PLAYERS, BY TYPE, 2024 (USD)  54

FIGURE 34            SUPPLY CHAIN OF TERAHERTZ TECHNOLOGY MARKET               55

FIGURE 35            KEY PLAYERS IN TERAHERTZ TECHNOLOGY MARKET               57

FIGURE 36            NUMBER OF PATENTS GRANTED IN TERAHERTZ TECHNOLOGY MARKET,

2015–2024              59

FIGURE 37            EXPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 9027 FOR KEY COUNTRIES, 2020–2024 (USD MILLION)            60

FIGURE 38            IMPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 9027 FOR KEY COUNTRIES, 2020–2024 (USD MILLION)            61

FIGURE 39            PORTER’S FIVE FORCES ANALYSIS           66

FIGURE 40            INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP  THREE APPLICATIONS        68

FIGURE 41            KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 69

FIGURE 42            IMPACT OF ARTIFICIAL INTELLIGENCE ON TERAHERTZ TECHNOLOGY MARKET     70

FIGURE 43            TERAHERTZ COMMUNICATION SYSTEMS TO RECORD HIGHEST CAGR IN TERAHERTZ TECHNOLOGY MARKET DURING FORECAST PERIOD    76

FIGURE 44            TERAHERTZ TECHNOLOGY MARKET, BY APPLICATION,  2025–2030 (USD MILLION)          85

FIGURE 45            ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       118

FIGURE 46            NORTH AMERICA: TERAHERTZ TECHNOLOGY MARKET SNAPSHOT       119

FIGURE 47            EUROPE: TERAHERTZ TECHNOLOGY MARKET SNAPSHOT          125

FIGURE 48            ASIA PACIFIC: TERAHERTZ TECHNOLOGY MARKET SNAPSHOT       134

FIGURE 49            LABORATORY RESEARCH TO LEAD TERAHERTZ TECHNOLOGY MARKET IN ASIA PACIFIC DURING FORECAST PERIOD                135

FIGURE 50            SOUTH AMERICA TO LEAD TERAHERTZ TECHNOLOGY MARKET IN ROW DURING FORECAST PERIOD                 142

FIGURE 51            TERAHERTZ TECHNOLOGY MARKET: REVENUE ANALYSIS OF FOUR KEY PLAYERS,  2021–2024 (USD MILLION)                 149

FIGURE 52            MARKET SHARE ANALYSIS OF COMPANIES OFFERING TERAHERTZ

TECHNOLOGY, 2024        150

FIGURE 53            TERAHERTZ TECHNOLOGY MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2024       153

FIGURE 54            TERAHERTZ TECHNOLOGY MARKET: COMPANY FOOTPRINT, 2024      154

FIGURE 55            TERAHERTZ TECHNOLOGY MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024                 158

FIGURE 56            ADVANTEST CORPORATION: COMPANY SNAPSHOT          165