Middle East and Africa Terahertz Body Scanning Market
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 the need to have robust security system the terahertz body scanning market in Middle East & Africa is expected to flourish in coming future.
Strategic insights for the Middle East and Africa 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.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 2.31 Million |
| Market Size by 2027 | US$ 12.49 Million |
| Global CAGR (2020 - 2027) | 24.1% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Technology Type
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East and Africa 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 Middle East & Africa is expected to grow from US$ 2.31 million in 2019 to US$ 12.49 million by 2027; it is estimated to grow at a CAGR of 24.1% from 2020 to 2027. 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. Hence, AI and machine learning can provide growth opportunities to terahertz body scanners. As detecting and locating objects hidden underneath apparels is a challenging task, passive terahertz body scanning may be employed in this application. AI algorithm and machine learning help automatically mark concealed threats on the terahertz body scanner which is expected to bolster the growth of the terahertz body scanning market.
Among Middle East & Africa (MEA) countries, Iran has the highest number of COVID-19 confirmed cases which impacted the economic and industrial growth of Iran in a substantial manner. Other major countries that are facing the economic impact of COVID-19 outbreak include Saudi Arabia, UAE, Egypt, Morocco, and Kuwait. The region comprises of many growing economies such as UAE among others, which are prospective markets for terahertz body scanning providers, owing to the huge scope in custom, public spaces, retail, etc. The demand for terahertz body scanning is positive, however, due to corona outbreak the companies are experiencing interruption in production. The global COVID-19 pandemic would have significant effects on global economies, but the Middle East region is anticipated to be especially impacted as there is already pressure on economy of various oil based countries due to falling oil prices. In addition to this, the factory lockdowns, business shutdowns and travel bans are further aggravating the economic problems of the countries present in the Middle East & Africa region. Hence, the estimated decline in Middle East & Africa economic condition and impact of COVID-19 on growth of various industries in the region is expected to negatively impact the demand of terahertz body scanning in 2020 and 2021
In terms of technology type, the standalone segment accounted for the largest share of the Middle East & Africa terahertz body scanning market in 2019. In terms of scanner type, the fixed segment held a larger market share of the Middle East & Africa terahertz body scanning market in 2019. Further, the airports and custom checkpoints segment held a larger share of the market based on application in 2019.
A few major primary and secondary sources referred to for preparing this report on the terahertz body scanning market in Middle East & Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Thruvision Group plc, Terasense Group Inc., Shanghai Eastimage Equipment Co., Ltd., Nuctech Company Limited, unival group GmbH, and Rohde & Schwarz GmbH & Co. KG among others.
The List of Companies - Middle East & Africa Terahertz Body Scanning Market
The Middle East and Africa Terahertz Body Scanning Market is valued at US$ 2.31 Million in 2019, it is projected to reach US$ 12.49 Million by 2027.
As per our report Middle East and Africa Terahertz Body Scanning Market, the market size is valued at US$ 2.31 Million in 2019, projecting it to reach US$ 12.49 Million by 2027. This translates to a CAGR of approximately 24.1% during the forecast period.
The Middle East and Africa 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 Middle East and Africa Terahertz Body Scanning Market report:
The Middle East and Africa Terahertz Body Scanning Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Terahertz Body Scanning Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Terahertz Body Scanning Market value chain can benefit from the information contained in a comprehensive market report.
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