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
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. By 2037, the International Air Transport Association (IATA) predicts a two-fold increase in the number of passengers worldwide, reaching more than 8 billion. This will place an enormous pressure on airports not only in terms of capacity but also in terms of safe and secure processing of passengers. Additionally, a few companies have started to take initiatives to improve the capacity of terahertz security scanners. For example, Aurora supports Sequestim, a company that seeks to market terahertz (THz) image technology of the next generation for security screening applications. The two companies collaborated to form as a part of the Future Aviation Security Solutions (FASS) program—a government funding scheme to improve the experience and safety of passengers—where a new type of body scanner was presented.
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Market Overview and Dynamics
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 negatively 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. 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 and rising safety concerns due to increased terrorist attacks are some of the key driving factors for the market growth.
Key Market Segments
In terms of technology type, the standalone segment accounted for the larger share of the North America terahertz body scanning market in 2019. In terms of scanner type, the fixed segment held a larger share of the North America 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 North America 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, INO, Leidos, and Rohde & Schwarz GmbH & Co. KG are some of the major companies listed in the report.
Reasons to buy report
- To understand the North America terahertz body scanning market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America terahertz body scanning market
- Efficiently plan M&A and partnership deals in North America terahertz body scanning market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America terahertz body scanning market
- Obtain market revenue forecast for market by various segments from 2020 to 2027 in North America region
The report segments the North America terahertz body scanning market as follows:
North America Terahertz Body Scanning Market – By Technology Type
- Standalone
- Integrated
North America Terahertz Body Scanning Market – By Scanner Type
- Fixed
- Portable
North America Terahertz Body Scanning Market – By Application
North America Terahertz Body Scanning Market – By Country
- US
- Canada
North America Terahertz Body Scanning Market -Companies Mentioned
- Thruvision Group plc
- Terasense Group Inc.
- Shanghai Eastimage Equipment Co., Ltd.
- Nuctech Company Limited
- INO
- Leidos
- Rohde & Schwarz GmbH & Co. KG
1. Introduction
1.1 Scope of The Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Terahertz Body Scanning Market – By Technology Type
1.3.2 North America Terahertz Body Scanning Market – By Scanner Type
1.3.3 North America Terahertz Body Scanning Market – By Application
1.3.4 North America Terahertz Body Scanning Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Terahertz Body Scanning Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
5. Terahertz Body Scanning Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Applications of Terahertz Body Scanners in Public Places
5.1.2 Rising Safety Concerns
5.1.3 Increasing Need for Covert and Overt Surveillance
5.2 Market Restraints
5.2.1 Lack of Expertise and Health Concerns
5.3 Market Opportunities
5.3.1 Increasing Capabilities due to AI and Machine Learning
5.4 Future Trends
5.4.1 Advanced Software Integration
5.5 Impact Analysis of Drivers and Restraints
6. Terahertz Body Scanning Market – North America Analysis
6.1 Terahertz Body Scanning Market North America Overview
6.1.1 North America: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
7. Terahertz Body Scanning Market Analysis – By Technology Type
7.1 Overview
7.1.1 North America: Terahertz Body Scanning Market, by Technology Type
7.2 Standalone
7.2.1 Overview
7.2.2 Standalone: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
7.3 Integrated
7.3.1 Overview
7.3.2 Integrated: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
8. Terahertz Body Scanning Market Analysis – By Scanner Type
8.1 Overview
8.1.1 North America: Terahertz Body Scanning Market, by Scanner Type
8.2 Fixed
8.2.1 Overview
8.2.2 Fixed: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
8.3 Portable
8.3.1 Overview
8.3.2 Portable: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
9. Terahertz Body Scanning Market Analysis – By Application
9.1 Overview
9.1.1 North America: Terahertz Body Scanning Market, by Application
9.2 Public Places
9.2.1 Overview
9.2.2 Public Places: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
9.3 Airport and Custom Checkpoints
9.3.1 Overview
9.3.2 Airport and Custom Checkpoints: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Train Stations and Subways
9.4.1 Overview
9.4.2 Train Stations and Subways: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Other Applications
9.5.1 Overview
9.5.2 Other Applications: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
10. Terahertz Body Scanning Market – Geographic Analysis
10.1 North America: Terahertz Body Scanning Market
10.1.1 North America: Terahertz Body Scanning Market, by Key Country
10.1.1.1 US: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 US: Terahertz Body Scanning Market, by Technology Type
10.1.1.1.2 US: Terahertz Body Scanning Market, by Scanner Type
10.1.1.1.3 US: Terahertz Body Scanning Market, by Application
10.1.1.2 Canada: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 Canada: Terahertz Body Scanning Market, by Technology Type
10.1.1.2.2 Canada: Terahertz Body Scanning Market, by Scanner Type
10.1.1.2.3 Canada: Terahertz Body Scanning Market, by Application
11. Terahertz Body Scanning Market- COVID-19 Impact Analysis
11.1 North America
12. Industry Landscape
12.1 Overview
13. Company Profiles
13.1 Thruvision Group plc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Terasense Group Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Shanghai Eastimage Equipment Co. Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Nuctech Company Limited
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 INO
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Leidos Holdings, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Rohde & Schwarz GmbH & Co.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. US: Terahertz Body Scanning Market, by Technology Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. US: Terahertz Body Scanning Market, by Scanner Type –Revenue and Forecast to 2027 (US$ Million)
Table 4. US: Terahertz Body Scanning Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 5. Canada: Terahertz Body Scanning Market, by Technology Type – Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada: Terahertz Body Scanning Market, by Scanner Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada: Terahertz Body Scanning Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 8. Glossary of Term: Terahertz Body Scanning Market
LIST OF FIGURES
Figure 1. Terahertz Body Scanning Market Segmentation
Figure 2. Terahertz Body Scanning Market Segmentation – By Country
Figure 3. North America Terahertz Body Scanning Market Overview
Figure 4. Standalone Segment Dominated the Market based on Technology Type
Figure 5. Fixed Segment Dominated the Market based on Scanner Type
Figure 6. Airport and Custom Checkpoints Application Segment Held the Largest Share
Figure 7. North America – PEST Analysis
Figure 8. Ecosystem Analysis
Figure 9. Terahertz Body Scanning Market Impact Analysis of Drivers and Restraints
Figure 10. North America: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. North America: Terahertz Body Scanning Market Revenue Share, by Technology Type (2019 and 2027)
Figure 12. Standalone: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Integrated: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. North America: Terahertz Body Scanning Market Revenue Share, by Scanner Type (2019 and 2027)
Figure 15. Fixed: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Portable: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. North America: Terahertz Body Scanning Market Revenue Share, by Application (2019 and 2027)
Figure 18. Public Places: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Airport and Custom Checkpoints: Terahertz Body Scanning Market – Revenue and Forecast to 2027(US$ Million)
Figure 20. Train Stations and Subways: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Other Applications: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. North America: Terahertz Body Scanning Market Revenue Share, by Key Country (2019 and 2027)
Figure 23. US: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Canada: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic in North American Country Markets
- 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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