Report : North America 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
Rising safety concerns to drive the market growth during 2020–2027
According to a new market research study on “North America Terahertz Body Scanning Market to 2027 – Regional Analysis and Forecast by Technology Type, Scanner Type, and Application” the terahertz body scanning market in North America was valued at US$ 19.42 million in 2019 and is projected to reach US$ 128.75 million by 2027; it is expected to grow at a CAGR of 27.3% from 2020 to 2027. The COVID-19 outbreak is anticipated to affect the growth rate of North America terahertz body scanning market in the year 2020 and 2021 and thus there is a decline in y-o-y growth during these years. The report provides trends prevailing in the North America terahertz body scanning market along with the drivers and restraints pertaining to the market growth.
Increasing terrorist activities and rising threats to major economies have forced the government and other governing bodies to undertake air traffic controls such as the Federal Aviation Administration (FAA) to increase security scanning systems across all entry and exit points in the country. The deployment of full-body scanners at airports has facilitated the reduction of fraudulent activities such as diamond smuggling, narcotics, weapons, and other expensive materials. Increased security screening systems that include a full-body scanner as one of the major components have successfully deteriorated the impact of terrorist activities on board. Also, with the rising level of violence and terrorism worldwide, various companies, such as TeraSense, are receiving inquiries on security screening systems, similar to those used at airports. The TeraSense team has taken the terrorism challenge seriously and is ready to offer active, terahertz-based stand-off security screening (body scanner) system. Such initiatives by the market players are likely to contribute toward the market growth.
Thruvision Group plc, Terasense Group Inc., Shanghai Eastimage Equipment Co., Ltd., Nuctech Company Limited, 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.
The report segments the North America terahertz body scanning market as follows:
North America Terahertz Body Scanning Market – By Technology Type
North America Terahertz Body Scanning Market – By Scanner Type
North America Terahertz Body Scanning Market – By Application
- Public Places
- Airport and Custom Checkpoints
- Train Stations and Subways
North America Terahertz Body Scanning Market – By Country
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