Asia Pacific Terahertz Body Scanning Market is expected to reach US$ 98.25 Mn by 2027


PRESS RELEASE BY The Insight Partners 20 Aug 2020

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Increasing demand for efficient terahertz body scanning in various applications to drive the market during 2020–2027

 

According to The Insight Partners market research study on “Asia Pacific Terahertz Body Scanning Market to 2027 – Regional Analysis and Forecast by Technology Type, Scanner Type, and Application” the terahertz body scanning market in APAC was valued at US$ 14.11 million in 2019 and is projected to reach US$ 98.25 million by 2027; it is expected to grow at a CAGR of 28.1% from 2020 to 2027.  The report provides trends prevailing in the APAC terahertz body scanning market along with the drivers and restraints pertaining to the market growth. THz sources, transmission, or reflection as well as detector technologies is growing as the "THz gap" that lies between photonics and electronics is increasingly being explored. This technology is continuously used in applications such as safety screening. Also, the incorporation of terahertz body scanning is increasing in various handheld scanners, which are primarily deployed for security screening in airports and other public spaces. For example, Terasense offers terahertz imaging scanners designed to meet the needs of industrial applications and to support imagery at high speed of up to 15 m/s. It can correctly handle security screening tasks such as checking for hidden objects and threats on mail packages, envelopes, and small parcels. THz images obtained in the transmission mode help in seeing through envelopes and many types of packages, small bags, boxes, etc. and help in identifying potentially hazardous items inside the container without opening or disturbing its integrity.

 

Thruvision Group plc, Terasense Group Inc., Shanghai Eastimage Equipment Co., Ltd., Nuctech Company Limited, MC2 Technologies, INO, Leidos, and Rohde & Schwarz GmbH & Co. KG are among the key players that are profiled during this market study. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

 

APAC Terahertz Body Scanning Market, By Country, 2019 and 2027 (%)

APAC Terahertz Body Scanning Market, By Country, 2019 and 2027 (%)

Asia Pacific Terahertz Body Scanning Market to Grow at a CAGR of 28.1% to reach US$ 98.25 Million from 2020 to 2027

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Asia Pacific Terahertz Body Scanning Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Technology Type (Standalone and Integrated), Scanner Type (Fixed and Portable), and Application (Public Places, Airport and Custom Checkpoints, Train Stations and Subways, and Others) and Country


 

The report segments the APAC terahertz body scanning market as follows:

 

APAC Terahertz Body Scanning Market – By Technology Type

  • Standalone
  • Integrated

APAC Terahertz Body Scanning Market – By Scanner Type

  • Fixed
  • Portable

APAC Terahertz Body Scanning Market – By Application

  • Public Places
  • Airport and Custom Checkpoints
  • Train Stations and Subways
  • Others

APAC Terahertz Body Scanning Market – By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
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