South 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 & Custom Checkpoints, Train Stations & Subways, and Others)
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 scanning technology can be used or integrated into broader security architectures as a standalone security system. These scanners quickly and safely capture images with the help of a non-invasive screening process. Multiple scanning is also possible as the scanners can be used for up to a distance of 10 m, thereby ensuring maximum security without gender-specific screenings. Increasing demand for accurate security systems to filter drugs, weapons, explosives, and other similar threats in global security applications for defence, custom, and airport is a major driving factor of the terahertz body scanner market. As it can detect natural radiation without emissions, the terahertz body scanner is safer than other concealed-item detectors. The terahertz body scanner also blurs intimate areas of the body to maintain public privacy and thus eliminate any government duties on the product. Thus, with need of having a robust security system to counter terror activities the demand for terahertz body scanner is expected to flourish in forth coming future.
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Market Overview and Dynamics
The terahertz body scanning market in South America is expected to grow from US$ 1.22 million in 2019 to US$ 4.92 million by 2027; it is estimated to grow at a CAGR of 19.5% from 2020 to 2027. 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.
Besides, the sufficient imaging distance of up to 3 m ensures remote detection of suspicious objects hidden beneath clothes. Thus, covert and overt surveillance is one of the major factors likely to drive the growth of South America terahertz body scanning market.
In the South America region, Brazil has the highest number of COVID-19 confirmed cases, followed by Ecuador, Peru, Chile, and Argentina. The governments of various countries in South America are taking several initiatives to protect people and to contain COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to have a direct impact on the region’s economic growth as the region will face lower export revenues, both from the drop in commodity prices and reduction in export volumes. The presence of various developing nations makes South America as one of the major market for the growth of terahertz body scanning market over the forecast period of 2020 to 2027. However, the sharp decline in manufacturing activities in this region due to COVID-19 lockdown measures is expected to directly impact the growth of terahertz body scanning market in the coming quarters. In addition to this, the supply chain disruptions and non-availability of raw materials will also aggravate the problems of various industries operating in this region. Hence, the decline in business operations and product development activities is expected to directly affect the growth rate of South America terahertz body scanning market in this region for the next three to four quarters.
Key Market Segments
In terms of technology type, the standalone accounted for the largest share of the South America terahertz body scanning market in 2019. In terms of scanner type, the fixed segment held a larger market share of the South America terahertz body scanning market in 2019. Further, the airports and customs checkpoints segment held a larger share of the market based on application in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the terahertz body scanning market in South America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Terasense Group Inc., Shanghai Eastimage Equipment Co., Ltd., Nuctech Company Limited, and Rohde & Schwarz GmbH & Co. KG. and others.
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SOUTH AMERICA TERAHERTZ BODY SCANNING MARKET SEGMENTATION
South America Terahertz Body Scanning Market – By Technology Type
- Standalone
- Integrated
South America Terahertz Body Scanning Market – By Scanner Type
- Fixed
- Portable
South America Terahertz Body Scanning Market – By Application
- Public Places
- Airports and Customs Checkpoints
- Train Stations and Subways
- Other Applications
South America Terahertz Body Scanning Market – By Country
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- Terasense Group Inc.
- Shanghai Eastimage Equipment Co. Ltd.
- Nuctech Company Limited
- INO
- Rohde & Schwarz GmbH & Co.
1. Introduction
1.1 Scope of The Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Terahertz Body Scanning Market – By Technology Type
1.3.2 SAM Terahertz Body Scanning Market – By Scanner Type
1.3.3 SAM Terahertz Body Scanning Market – By Application
1.3.4 SAM Terahertz Body Scanning Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Terahertz Body Scanning Market Landscape
4.1 Market Overview
4.2 SAM-PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights
4.5.1 Real-time Terahertz Body Scanning
4.5.1.1 Key Companies in Real-time Terahertz Body Scanning
4.5.1.2 Recent Developments
4.5.1.3 Future Trends
4.5.2 Concealed Weapon Detection Market Insights and Developments
5. SAM Terahertz Body Scanning Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Mounting Implementation of Terahertz Body Scanning at Public Places, Airport Checkpoints, Train Stations, and Subways
5.1.2 Need for Robust Security Management
5.1.3 Increase in Government and private spending for Covert and Overt Surveillance
5.2 Market Restraints
5.2.1 Concerns over privacy & health, and Inadequate technical expertise
5.3 Market Opportunities
5.3.1 Integration of AI and ML with terahertz body scanning
5.4 Future Trends
5.4.1 Implementation of Advance Software
5.5 Impact Analysis of Drivers and Restraints
6. Terahertz Body Scanning Market – SAM Analysis
6.1 Overview
6.2 SAM Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Terahertz Body Scanning Market Analysis – By Technology Type
7.1 Overview
7.2 SAM Terahertz Body Scanning Market, by Technology Type (2019 and 2027)
7.3 Standalone
7.3.1 Overview
7.3.2 Standalone: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Integrated
7.4.1 Overview
7.4.2 Integrated: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
8. Terahertz Body Scanning Market Analysis – By Scanner Type
8.1 Overview
8.2 SAM Terahertz Body Scanning Market, By Scanner Type (2019 and 2027)
8.3 Fixed
8.3.1 Overview
8.3.2 Fixed: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Portable
8.4.1 Overview
8.4.2 Portable: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
9. Terahertz Body Scanning Market Analysis – By Application
9.1 Overview
9.2 SAM Terahertz Body Scanning Market, By Application (2019 and 2027)
9.3 Public Places
9.3.1 Overview
9.3.2 Public Places: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Airport and Custom Checkpoints
9.4.1 Overview
9.4.2 Airport and Custom Checkpoints: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Train Stations and Subways
9.5.1 Overview
9.5.2 Train Stations and Subways: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Other Applications
9.6.1 Overview
9.6.2 Other Applications: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
10. Terahertz Body Scanning Market – Country Analysis
10.1 Overview
10.1.1 SAM: Terahertz Body Scanning Market, by Key Country
10.1.1.1 Brazil: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 Brazil: Terahertz Body Scanning Market, by Technology Type
10.1.1.1.2 Brazil: Terahertz Body Scanning Market, by Scanner Type
10.1.1.1.3 Brazil: Terahertz Body Scanning Market, by Application
10.1.1.2 Argentina: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 Argentina: Terahertz Body Scanning Market, by Technology Type
10.1.1.2.2 Argentina: Terahertz Body Scanning Market, by Scanner Type
10.1.1.2.3 Argentina: Terahertz Body Scanning Market, by Application
10.1.1.3 Rest of SAM: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Rest of SAM: Terahertz Body Scanning Market, by Technology Type
10.1.1.3.2 Rest of SAM: Terahertz Body Scanning Market, by Scanner Type
10.1.1.3.3 Rest of SAM: Terahertz Body Scanning Market, by Application
11. SAM Terahertz Body Scanning Market- COVID-19 Impact Analysis
11.1 South America
12. Industry Landscape
12.1 Overview
13. Company Profiles
13.1 Terasense Group Inc.
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 Shanghai Eastimage Equipment Co. Ltd.
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 Nuctech Company Limited
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 INO
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 Rohde & Schwarz GmbH & Co.
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
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. SAM Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. SAM Terahertz Body Scanning Market, by Country – Revenue and Forecast to 2027 (USD Million)
Table 3. Brazil: Terahertz Body Scanning Market, by Technology Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. Brazil: Terahertz Body Scanning Market, by Scanner Type – Revenue and Forecast to 2027 (US$ Million)
Table 5. Brazil: Terahertz Body Scanning Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 6. Argentina: Terahertz Body Scanning Market, by Technology Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. Argentina: Terahertz Body Scanning Market, by Scanner Type – Revenue and Forecast to 2027 (US$ Million)
Table 8. Argentina: Terahertz Body Scanning Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 9. Rest of SAM: Terahertz Body Scanning Market, by Technology Type – Revenue and Forecast to 2027 (US$ Million)
Table 10. Rest of SAM: Terahertz Body Scanning Market, by Scanner Type – Revenue and Forecast to 2027 (US$ Million)
Table 11. Rest of SAM: Terahertz Body Scanning Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 12. Glossary of Term: Terahertz Body Scanning Market
LIST OF FIGURES
Figure 1. SAM Terahertz Body Scanning Market Segmentation
Figure 2. SAM Terahertz Body Scanning Market Overview
Figure 3. SAM: Standalone Segment Dominated the Market based on Technology Type
Figure 4. SAM: Fixed Segment Dominated the Market based on Scanner Type
Figure 5. SAM: Airport and Custom Checkpoints Application Segment Held the Largest Share
Figure 6. SAM Terahertz Body Scanning Market, Country Analysis
Figure 7. SAM- PEST Analysis
Figure 8. Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. SAM Terahertz Body Scanning Market Impact Analysis of Drivers and Restraints
Figure 11. SAM Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. SAM Terahertz Body Scanning Market Revenue Share, by Technology Type (2019 and 2027)
Figure 13. SAM Standalone: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. SAM Integrated: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. SAM Terahertz Body Scanning Market Revenue Share, by Scanner Type (2019 and 2027)
Figure 16. Fixed: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. SAM Portable: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. SAM Terahertz Body Scanning Market Revenue Share, by Application (2019 and 2027)
Figure 19. SAM Public Places: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. SAM Airport and Custom Checkpoints: Terahertz Body Scanning Market – Revenue and Forecast to 2027(US$ Million)
Figure 21. SAM Train Stations and Subways: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. SAM Other Applications: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. SAM: Terahertz Body Scanning Market Revenue Share, by Key Country (2019 and 2027)
Figure 24. Brazil: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Argentina: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Rest of SAM: Terahertz Body Scanning Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - South America Terahertz Body Scanning Market
- Terasense Group Inc.
- Shanghai Eastimage Equipment Co. Ltd.
- Nuctech Company Limited
- INO
- Rohde & Schwarz GmbH & Co.
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