BCC estimates the market for terahertz(THz) radiation systems and devices totaled $83.7 million in 2011. This market will grow to $127 million in 2016. The diversification of the THz market is expected to accelerate after 2016, and the total market should reach $570 million by 2021, a compound annual growth rate (CAGR) of 35% from 2016 to 2021.
Learn about the emerging and developmental THz radiation technologies along with their applications that have the greatest commercial potential through 2016. This report also covers the historical milestones in the development of THz radiation devices…
Use this report to:
- Assess the technological processes that involve terahertz technology and the commercial potential of THz radiation devices over the next five to ten years
- Identify the THz applications that are most likely to achieve significant commercial sales by 2021
- Analyze promising THz applications in the context of user needs and competing technologies
- Identify companies that are well positioned to profit from these trends.
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GLOBAL MARKET FOR TERAHERTZ RADIATION DEVICES AND SYSTEMS, BY TYPE OF SYSTEM, THROUGH 2021
Source: BCC Research