Asia Pacific Terahertz Body Scanning Market

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.

Asia Pacific Terahertz Body Scanning Strategic Insights

Strategic insights for the Asia Pacific Terahertz Body Scanning provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Terahertz Body Scanning Report Scope

Asia Pacific Terahertz Body Scanning Regional Insights

The geographic scope of the Asia Pacific Terahertz Body Scanning refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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

• To understand the APAC 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 APAC terahertz body scanning market
• Efficiently plan M&A and partnership deals in APAC 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 APAC terahertz body scanning market
• Obtain market revenue forecast for market by various segments from 2020 to 2027 in APAC region

The report segments the APAC terahertz body scanning market as follows:

APAC Terahertz Body Scanning Market – By Technology Type

• Standalone
• Integrated

APAC Terahertz Body Scanning Market – By Scanner Type

• Fixed
• Portable

APAC Terahertz Body Scanning Market – By Application

• Public Places
• Airport and Custom Checkpoints
• Train Stations and Subways
• Others

APAC Terahertz Body Scanning Market – By Country

• Australia
• China
• India
• Japan
• South Korea
• Rest of APAC

APAC Terahertz Body Scanning Market -Companies Mentioned

• Thruvision Group plc
• Terasense Group Inc.
• Shanghai Eastimage Equipment Co., Ltd.
• Nuctech Company Limited
• MC2 Technologies
• INO
• Leidos
• Rohde & Schwarz GmbH & Co. KG