Market Introduction
A terahertz body scanner is a detector used for detecting hidden objects, such as weapons and other illegal items, underneath a person’s clothing using terahertz radiations. The scanning element directs the radiation on a sensor during terahertz body scanning, and a consolidated image is generated after an imaging processor communicates with the sensor. Terahertz imaging systems and techniques have been developed recently and are widely used owing to the advantages of low radiation and clothing-penetrable for detecting concealed weapons or other contraband at airports, customs, retail, and other secure locations. If mounted in a proper enclosure, the body scanner allows the operator to screen people with no knowledge of stealth. This ensures that various person-borne threats are detected effectively without creating chaos. It helps the operator to effectively counter urban violence and prevent street crimes by discovering hidden knives, brass knuckles, and handguns when installed in public places, event arenas, and high profile venues. The enclosed body scanners can be installed at building entrances, secure areas, and other sites with a high throughput capacity.
Market Overview and Dynamics
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. Increasing demand for efficient terahertz body scanning in various applications and safety concerns due to increased terrorist attacks are some of the key drivers for the market growth.
Key Market Segments
In terms of technology type, the standalone segment accounted for the larger share of the APAC terahertz body scanning market in 2019. In terms of scanner type, the fixed segment held a larger share of the APAC terahertz body scanning market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred while preparing this report on the terahertz body scanning market in APAC are company websites, annual reports, financial reports, national government documents, statistical database, and among others. 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 some of the major companies listed in the report.
Reasons to buy report
The report segments the APAC terahertz body scanning market as follows:
APAC Terahertz Body Scanning Market – By Technology Type
APAC Terahertz Body Scanning Market – By Scanner Type
APAC Terahertz Body Scanning Market – By Application
APAC Terahertz Body Scanning Market – By Country
APAC Terahertz Body Scanning Market -Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 14.11 Million |
| Market Size by 2027 | US$ 98.25 Million |
| 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 |
|
The Asia Pacific Terahertz Body Scanning Market is valued at US$ 14.11 Million in 2019, it is projected to reach US$ 98.25 Million by 2027.
As per our report Asia Pacific Terahertz Body Scanning Market, the market size is valued at US$ 14.11 Million in 2019, projecting it to reach US$ 98.25 Million by 2027. This translates to a CAGR of approximately 28.1% during the forecast period.
The Asia Pacific Terahertz Body Scanning Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Terahertz Body Scanning Market report:
The Asia Pacific Terahertz Body Scanning Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Terahertz Body Scanning Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Terahertz Body Scanning Market value chain can benefit from the information contained in a comprehensive market report.
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