Terahertz Technology Market Trends and Forecast to 2027
The Terahertz Technology Market , valued at USD 0.6 billion in 2022, is projected to reach USD 1.2 billion by 2027, reflecting a robust CAGR of 14.7% during the forecast period. This rapid growth is driven by the increasing adoption of terahertz technology across various sectors such as healthcare, security, and communications. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=71182197 Terahertz waves, known for their ability to penetrate various materials and provide non-destructive testing, are increasingly being utilized in medical imaging, quality control in manufacturing, and security scanning. The expanding applications, coupled with ongoing technological advancements, are set to propel the market's significant growth trajectory over the next few years. Stringent government regulations for public safety and homeland security, along with the rising demand for terahertz technology in the medical sector, are key driving factors behind the gr...