Market Share of Terahertz Radiation Devices Industry
Terahertz Radiation Devices Market is moderately competitive and consists of several major players. In terms of market share, some of the major players currently dominate the market. The end-users demand is driven by safety and regulatory needs and the companies operating in the market are leveraging on strategic collaborative initiatives, to offer specialized solutions, to increase their market share and increase their profitability.
- March 2019 -Coherent Inc. significantly expanded its Gilching, Germany micromachining and sub-system facility, and also completed the relocation of the company's laser marking group. This 'Center of Excellence', is a significant upgrade to the company's applications and R&D capabilities and affirms the company's commitment to the industrial materials processing and manufacturing segment.
- Sept 2020 - EMCORE Corporation announced the introduction of the Model 1790 1550 nm High-Power Laser Module for LiDAR (Light Detection and Ranging) and Optical Sensing.The underlying technology for the Model 1790 has been in development for over 3 years and was designed to address demanding applications in industrial sensing and measurement.
Terahertz Radiation Devices Market Leaders
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Advantest Corporation
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Alpes Lasers S.A.
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Applied Research And Photonics Inc.
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ARA Scientific
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Emcore Corp.
*Disclaimer: Major Players sorted in no particular order
