The global market for terahertz radiation devices and systems reached $56.4 million in 2016. This market is expected to increase from $57.3 million in 2017 to $335.1 million in 2022 and $1.3 billion in 2027 at a compound annual growth rate (CAGR) of 42.4% for 2017-2022.

Report Includes
-An overview of the global market for terahertz radiation (THz) systems.
-Analyses of global market trends, with data from 2016, estimates for 2017, 2022 and 2027 and projections of compound annual growth rates (CAGRs) through 2027.
-Identification of the classes of devices, including imaging devices, spectroscopes, other sensors, communications devices, and computing devices.
-Examination of general properties of THz radiation.
-Historical milestones in the development of THz radiation devices.
-Discussion of emerging and developmental THz radiation technologies and applications that have the greatest commercial potential through 2027.
-Assessments of promising THz applications in the context of user needs and competing technologies.
-Industry structure.
-Patent analysis.

Study Goals and Objectives
This report is an update of an earlier Research report, published in 2015. The overall goals of this report include assessing the technological process that has been made toward bridging the terahertz gap and assessing the commercial potential of THz radiation devices over the next five to 10 years.

Specific objectives include:
-Identifying the THz applications that are most likely to achieve significant commercial sales by 2027.
-Assessing any remaining barriers to their commercialization, and developing quantitative estimates of potential sales.
-Analyzing promising THz applications in the context of user needs and competing technologies.
-Developing quantitative market projections through 2027.
-Identifying companies that are well positioned to profit from these trends.

Reasons for Doing This Study
It considers the time appropriate for an update. There is a growing interest in terahertz radiation applications and markets. As Henrij Komrij, General Manager of Keysight Technologies (Santa Rosa, Calif.), expressed it,” it’s a combination of the technology being advanced and the drivers in the market driving more research and investment into the technology of terahertz applications.”

Scope of Report
The report addresses the emerging global market for THz radiation devices, including the classes of devices listed below.
-Imaging devices.
-Spectroscopes.
-Other sensors.
-Communications devices.
-Computing devices.

Information Sources
Both primary and secondary research methodologies were used in preparing this study. A comprehensive review of the literature related to the applications and technology of rigid clear polymers and significant new developments was undertaken. Supplier and trade literature, texts and monographs were included in the review.

For more information Kindly visit: https://www.bharatbook.com/consumer-electronics-market-research-reports-243375/terahertz-radiation-systems-technologies-global.html

For more Related Reports: https://www.bharatbook.com/market-research-report/consumer-goods.html?SortBy=&searchText=Radiation&da=Y&CatID=1&FromDate=&ToDate=&FromPrice=&ToPrice=

About Bharat Book Bureau:
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry analysis, country reports, business reports, newsletters and online databases Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.

In case the reports don’t match your requirement then we can do a specialized Custom Research for you. Our multifarious capabilities, cross-sector expertise and detailed knowledge of various markets, put us in a unique position to take up Custom Research demands of yourself.

Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: [email protected]
Our Blog: https://www.bharatbook.com/blog/
Twitter: https://twitter.com/researchbook
Facebook: https://www.facebook.com/BharatBook3B
LinkedIn: https://www.linkedin.com/company/bharat-book-bureau