METAMATERIALS MARKET ANALYSIS (2019-2027)
Metamaterials are also called as left handed materials, i.e. the periodic materials resonant structure that can exhibit both negative permittivity and permeability. Metamaterials are specifically engineered composite materials, which possess a superior electromagnetic property compared to conventional composite materials found in the nature. The metamaterial is arranged in a repeating pattern, of materials which are for manufacturing of metamaterial. Due to shape, geometry, size, orientation, and arrangement, metamaterials possess the property that can manipulate the electromagnetic waves by blocking, absorbing, enhancing, or bending waves, to achieve benefits that go beyond what is possible with conventional materials.
Market Dynamics
Increasing use of metamaterial in medical and telecommunication sector for the development of metamaterial lenses, antennas, and sensors that are more efficient than the conventional systems is expected to drive the market growth over the forecast period. Furthermore, sensors and microwave antenna are the prime components of telemetry systems and metamaterials consist of electromagnetic properties, due to which the metamaterials are majorly adopted in the telecom sector.
Moreover, the demand for antennas and radars is expected to increase over the forecast period, owing to increasing safety requirements in the defense sector. Radars are used to detect any aerial obstacle and guide the aircraft. Metamaterials are majorly adopted for antenna and radars. These factors are expected to fuel demand for antennas and radars, thereby propelling growth of the market over the forecast period.
Lack of awareness about the benefits of metamaterials and technical complications associated in terms of suitability for different applications with them is expected to hamper the market growth. Furthermore, high cost of raw materials is another major factor restraining the growth of market.
Key features of the study:
- This report provides in-depth analysis of the metamaterials market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global metamaterials market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, metamaterials market capital, key developments, strategies, and future plans
- Companies covered as part of this study include, Acoustic Metamaterials Group Ltd., Advanced Research Projects Agency, Echodyne, Inc., Fractal Antenna Systems Inc., JEM Engineering, Kymeta Corporation, Metaboards Limited Metamagnetics Inc., Metamaterial Technologies Inc., Nano-Meta Technologies, Inc., Palo Alto Research Center Incorporated, and TeraView
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their product launch, product upgrades, market expansion, and marketing tactics
- The global metamaterials market report caters to various stakeholders in this industry including investors, suppliers, associations, research institutes, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global metamaterials market.
Detailed Segmentation:
- Electromagnetic
- Terahertz
- Tunable
- Photonic
- Frequency Selective Surface (FSS)
- Antenna and Radar
- Sensors
- Cloaking Devices
- Superlens
- Light
- Sound Filtering
- Healthcare
- Telecommunication
- Aerospace and Defense
- Electronics
- Automotive
- Electromagnetic
- Terahertz
- Tunable
- Photonic
- FSS
- Antenna and Radar
- Sensors
- Cloaking Devices
- Superlens,
- Light
- Sound Filtering
- Healthcare
- Telecommunication
- Aerospace and Defense
- Electronics
- Automotive
- U.S.
- Canada
- Electromagnetic
- Terahertz
- Tunable
- Photonic
- FSS
- Antenna and Radar
- Sensors
- Cloaking Devices
- Superlens, Light
- Sound Filtering
- Healthcare
- Telecommunication
- Aerospace and Defense
- Electronics
- Automotive
- UK
- Germany
- Italy
- France
- Russia
- Rest of Europe
- Electromagnetic
- Terahertz
- Tunable
- Photonic
- FSS
- Antenna and Radar
- Sensors
- Cloaking Devices
- Superlens, Light
- Sound Filtering
- Healthcare
- Telecommunication
- Aerospace and Defense
- Electronics
- Automotive
- China
- India
- Japan
- Australia & New Zealand
- South Korea
- Rest of Asia Pacific
- Electromagnetic
- Terahertz
- Tunable
- Photonic
- FSS
- Antenna and Radar
- Sensors
- Cloaking Devices
- Superlens, Light
- Sound Filtering
- Healthcare
- Telecommunication
- Aerospace and Defense
- Electronics
- Automotive
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Electromagnetic
- Terahertz
- Tunable
- Photonic
- FSS
- Antenna and Radar
- Sensors
- Cloaking Devices
- Superlens, Light
- Sound Filtering
- Healthcare
- Telecommunication
- Aerospace and Defense
- Electronics
- Automotive
- GCC Countries
- South Africa
- Rest of Middle East & Africa
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
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