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Terahertz Radiation Devices and Systems Market Size, Share, Trends, Demand and Growth Forecast to 2023

The global terahertz (THz) radiation devices and systems market is growing with a considerable rate, due to increasing popularity of  techniques such as ultrasound and infrared (IR). Terahertz radiations are used to control, inspect, and monitor, the infrared and ultrasound techniques. Terahertz technologies are replacing less safe technologies, such as nuclear and x-ray, due to their ability of penetrating through barrier materials for performing non-ionizing and non-contact testing.
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Terahertz technologies opened the scope for various new applications in telecommunications and biomedical fields, which is further driving the growth of the global terahertz radiation devices and systems market.
On the basis of enabling technologies, the terahertz radiation devices and systems market can be categorized as THz waveguides, THz detectors, THz sources, and THz regulators, switches, lenses and other devices. On the basis of type, the terahertz radiation devices and systems market can be categorized as communication devices, therapeutic devices, sensors, imaging systems, computers and spectroscopes.
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On the basis of end users, the global terahertz radiation devices and systems market can be categorized as healthcare, security or public safety, scientific research, manufacturing, multipurpose, and military or defense. The global terahertz radiation devices and systems market can also be categorized on the basis of application as astronomy, medical imaging, passenger screening, land mine and IED detection, process or quality control, compact and low-cost THz cameras, diagnostics, target acquisition and identification, and art and archaeology.
Terahertz gap creates hindrances in the practical applications of terahertz radiations. Terahertz gap refers to the technologies that are required to channelize, generate, and detect terahertz radiation exposed to real-world constraints, such as operating temperatures, cost, and size. However, the recent developments in terahertz radiation waveguides, sources, and detectors have been minimizing the terahertz gap. All this is supporting the growth of the global terahertz radiation devices and systems market in various applications, such as nondestructive testing, medical imaging, and transportation security.
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Some of the competitors in the global terahertz radiation devices and systems market are Applied Research & Photonics Inc., Bruker Corporation, Menlo Systems GmbH, Innovative Photonic Solutions, LongWave Photonics LLC, Bridge12 Technologies Inc., Del Mar Photonics Inc., Digital Barriers PLC, Northrop Grumman Corporation, Lockheed Martin Corporation, Jena-Optronik GmbH, Advantest Corporation, Novatrans Group SA, and Becker Photonik GmbH.

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