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 COVID-19 outbreak is anticipated to affect the growth rate of APAC terahertz body scanning market in the year 2020 and 2021 and thus there is fluctuating y-o-y growth during these years. However, the growth is expected to normalize from 2021 onwards and the market is projected to grow at a steady pace. In the developing economies of APAC, the commercialization of terahertz body scanning applications is in its introductory stages. Countries such as China and Japan are, however, increasingly taking initiatives to encourage the adoption of terahertz body scanning, such as substantial R&D investment, expected to boost demand for terahertz-based products in the region shortly. Increased product launches are one of the major drivers for the growth of terahertz body scanning in Asia-Pacific. For instance, on April 19, 2020, Nuctech launched a Terahertz Infrared Human Body Security Inspection Detector to be deployed at transport hubs to combat Covid-19. The terahertz body scanning technology can scan the human body for any contraband and mark those with fever. The detector allows the passenger to be scanned while walking, eliminating the need for close contact with the security personnel and handheld scanners. The technology can be used in applications such as security screening, inspections, and medical, pharmaceutical, and communication.
APAC terahertz body scanning market
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
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
APAC Terahertz Body Scanning Market -Companies Mentioned
- Thruvision Group plc
- Terasense Group Inc.
- Shanghai Eastimage Equipment Co., Ltd.
- Nuctech Company Limited
- MC2 Technologies
- INO
- Leidos
- Rohde & Schwarz GmbH & Co. KG
Asia Pacific Terahertz Body Scanning Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 14.11 Million |
| Market Size by 2027 | US$ 98.25 Million |
| Global CAGR (2020 - 2027) | 28.1% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Technology Type
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technology Type, Scanner Type, and Application and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
Trends and growth analysis reports related to Electronics and Semiconductor : READ MORE..
- Thruvision Group plc
- Terasense Group Inc.
- Shanghai Eastimage Equipment Co., Ltd.
- Nuctech Company Limited
- MC2 Technologies
- INO
- Leidos
- Rohde & Schwarz GmbH & Co. KG
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