Europe Terahertz Body Scanning Market Drivers and Forecasts by 2027

The terahertz body scanning market in Europe was valued at US$ 11.49 million in 2019 and is projected to reach US$ 71.69 million by 2027; it is expected to grow at a CAGR of 26.4% from 2020 to 2027.

The COVID-19 outbreak is anticipated to affect the growth rate of Europe 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.

There are many emerging economies in the European continent, including Germany, France, the United Kingdom, and Italy. At present, the European Union allows the Member States to decide whether to implement full-body scanners in their own countries. Additionally, various sensor systems are used at European airports to speed up airport security screening. Increasing numbers of firms providing terahertz body scanning is one of the major factor anticipated to drive the business growth in Europe. For example, TeraView produces instruments that offer a reliable and robust source of terahertz light and exploit its properties to characterize a wide range of materials. For example, the company expanded its presence in Asia in June 2014 by opening a new office in Seoul (South Korea) to improve operation, technical support, and application-specific expertise for its region's customers and business partners. Moreover, ThruVision has brought two items onto the market: the T-4000 and the T-5000. When implementing the former, security staff can access both an individual's terahertz view as they are imaged as part of a security screening process and a real-time image view of a person. The T-4000 can search for objects that people may have hidden. This can be achieved substantially even though these people are not stationary and are relatively distant from the scanning camera. Further, due to increasing number of product launches and developments, terahertz body scanning has strong growth prospects in Europe. There are also large numbers of companies that are coming forward and using terahertz technology in their products. For example, the UK based company, Digital Barriers is using terahertz technology in its ThruVision system for body scanners installed at many airports. All of the above mentioned factors are driving the growth of terahertz body scanning market in Europe.

Europe terahertz body scanning market

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

Europe Terahertz Body Scanning Market – By Technology Type

• Standalone
• Integrated

Europe Terahertz Body Scanning Market – By Scanner Type

• Fixed
• Portable

Europe Terahertz Body Scanning Market – By Application

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

Europe Terahertz Body Scanning Market – By Country

• Germany
• France
• Italy
• UK
• Russia
• Rest of Europe

Europe Terahertz Body Scanning Market -Companies Mentioned

• Thruvision Group plc
• Terasense Group Inc.
• Shanghai Eastimage Equipment Co., Ltd.
• Nuctech Company Limited
• MC2 Technologies
• Asqella Oy
• unival group GmbH
• INO
• Leidos
• Rohde & Schwarz GmbH & Co. KG

Europe Terahertz Body Scanning Report Scope