THz radiation systems market to reach a value of $195.3 million by 2018

By Mike King | Companiesandmarkets.com
http://uk.finance.yahoo.com/news/thz-radiation-systems-market-reach-000000968.html
The terahertz (THz) radiation systems market is expected to reach a total of $51.3 million in 2013, increasing to a market value of $195.3 million by 2018.
The diversification of the THz market is expected to accelerate after 2018, and the total market value should exceed $942 million by 2023.
Over the last hundred years or so, physicists and engineers have progressively learned to exploit new areas of the electromagnetic spectrum. Starting with visible light, they have developed technologies for generating and detecting radiation at both higher and lower frequencies.
THz rays have been described as occupying the "no man's land" between the worlds of optics and electronics.
Sandwiched between the optical on the short wavelength side and radio on the long wavelength extreme, the THz frequency range (also called the far infrared or submillimeter-wave region) has been the least explored and developed portion of the electromagnetic spectrum.
Like microwave radiation, terahertz radiation can penetrate a wide variety of non-conducting materials. Terahertz radiation can pass through clothing, paper, cardboard, wood, masonry, plastic and ceramics.
The penetration depth is typically less than that of microwave radiation. Terahertz radiation has limited penetration through fog and clouds and cannot penetrate liquid water or metal.
The potential usefulness of THz radiation, with its ability to penetrate a wide range of non-conducting materials has been known for a long time. However, practical applications of THz radiation have been longer in coming, due to the so-called "terahertz gap."
The terahertz gap refers to the technologies needed to generate, channel, and detect THz radiation subject to real-world constraints such as size, cost, and operating temperatures.
For more information on the THz radiation systems market, see the latest research: Radiation Systems Market Research