Market Share of Terahertz Technologies Industry
The terahertz technology market is fragmented, with the presence of major players like Luna Innovations, Teravil Ltd, TeraView Limited, Toptica Photonics AG, and HUBNER GmbH & Co. KG. Market players are utilizing various strategies to increase their product portfolio and gain sustainable competitive advantages, such as partnerships, innovation, expansion, and acquisitions.
- December 2023 - Luna Innovations announced that it received a USD 50 million investment from White Hat Capital Partners. Through this investment, the company would focus on capitalizing on the inflection point for adopting fiber optic sensing solutions, increasing manufacturing capacity to meet the demand from strategic partnerships, and enhancing its investments in innovations.
- December 2023 - TeraView Limited hosted a delegation from Malaysia at its headquarters in the United Kingdom. The visit promises to pave the way for future partnerships and opportunities in applying terahertz technology. The visit aimed to explore potential collaborations between TeraView and critical stakeholders in Malaysia’s technology and research sectors.
Terahertz Technology Market Leaders
Luna Innovations
Teravil Ltd
TeraView Limited
Toptica Photonics AG
HUBNER GmbH & Co. KG
*Disclaimer: Major Players sorted in no particular order