The overall goals of this report include assessing the technological process that has been made toward bridging the terahertz gap and assessing the commercial potential of THz radiation devices over the next five to 10 years. Specific objectives include:
• Identifying the THz applications that are most likely to achieve significant commercial sales by 2021.
• Assessing any remaining barriers to their commercialization, and develop quantitative estimates of potential sales.
• Analyzing promising THz applications in the context of user needs and competing technologies.
• Developing quantitative market projections through 2021.
• Identifying companies that are well positioned to profit from these trends.

The report addresses the emerging global market for THz radiation devices, including the classes of devices listed below.
• Imaging devices.
• Spectroscopes.
• Other sensors.
• Communications devices.
• Computing devices.

REPORT HIGHLIGHTS
• BCC estimates the market for terahertz (THz) radiation devices totaled $83.7 million in 2011. This market will grow to $127 million in 2016. The diversification of the THz market is expected to accelerate after 2016, and the total market should reach $570 million by 2021, a compounded annual growth rate (CAGR) of 35% from 2016 to 2021.
• THz imaging devices (including the ALMA telescope) is the largest device segment throughout the period under review. It is expected to be nearly $76 million by 2016 and will further reach $248.3 million by the end of 2021, a CAGR of 26.8%.
• Astronomy research is currently the largest single application of THz systems. It is estimated to be $70 million in 2011, but this market is expected to fall to $35 million by 2016 and will remain the same until 2021.

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Major points covered in Table of Contents of this report include:
Chapter- 1: INTRODUCTION STUDY BACKGROUND
Chapter- 2: EXECUTIVE SUMMARY
Chapter- 3: OVERVIEW
Chapter- 4: THZ IMAGING SYSTEMS: TECHNOLOGIES, APPLICATIONS AND MARKETS, 2010–2021
Chapter- 5: TERAHERTZ SPECTROSCOPES: TECHNOLOGIES, APPLICATIONS AND MARKETS, 2010–2021
Chapter- 6: TERAHERTZ SENSORS: TECHNOLOGIES, APPLICATIONS AND MARKETS, 2010–2021
Chapter- 7: TERAHERTZ COMMUNICATION SYSTEMS: TECHNOLOGIES, APPLICATIONS AND MARKETS, 2010–2021
Chapter- 8: TERAHERTZ COMPUTING: TECHNOLOGIES, APPLICATIONS AND MARKETS, 2010–2021
Chapter- 9: INDUSTRY STRUCTURE
Chapter- 10: GOVERNMENT-SPONSORED THZ RESEARCH PROGRAMS
Chapter- 11: APPENDIX A: COMPANY PROFILESCOMPANIES THAT ARE PRODUCING OR KNOWN TO BE DEVELOPING THZ RADIATION-BASED PRODUCTS
Chapter- 12: APPENDIX B: THZ RESEARCH PROGRAMS
Chapter- 13: APPENDIX C: PATENT ANALYSIS
List of Tables
List of Figures

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