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. The rising threat of terrorism, security screening systems at public places, particularly at railway stations and airports, are becoming more and more significant. Traditional security screening systems comprises X-ray and metal scanners for people have been widely used. However, these traditional techniques are not capable of achieving the demands owing to their low detection efficiency as well as high false alarm rate; thus, the development and installation of an appropriate security screening system is required. In comparison to X-ray scanners, terahertz scanners have a much lower frequency band that is nonionizing and is not harmful to humans, signifying that the technology is appropriate for security screening of people.
Market Overview and Dynamics
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. Increasing demand for efficient terahertz body scanning in various applications, rising safety concerns, and advancements in software 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 Europe terahertz body scanning market in 2019. In terms of scanner type, the fixed segment held a larger share of the Europe 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 Europe 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, Asqella Oy, unival group GmbH, 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 Europe terahertz body scanning market as follows:
Europe Terahertz Body Scanning Market – By Technology Type
Europe Terahertz Body Scanning Market – By Scanner Type
Europe Terahertz Body Scanning Market – By Application
Europe Terahertz Body Scanning Market – By Country
Europe Terahertz Body Scanning Market -Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 11.49 Million |
| Market Size by 2027 | US$ 71.69 Million |
| CAGR (2020 - 2027) | 26.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Technology Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Terahertz Body Scanning Market is valued at US$ 11.49 Million in 2019, it is projected to reach US$ 71.69 Million by 2027.
As per our report Europe Terahertz Body Scanning Market, the market size is valued at US$ 11.49 Million in 2019, projecting it to reach US$ 71.69 Million by 2027. This translates to a CAGR of approximately 26.4% during the forecast period.
The Europe 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 Europe Terahertz Body Scanning Market report:
The Europe Terahertz Body Scanning Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Terahertz Body Scanning Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Terahertz Body Scanning Market value chain can benefit from the information contained in a comprehensive market report.
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