Metamaterials Market Key Companies, Business Opportunities, Competitive Landscape by 2027
- elizabethsanchez28
- Aug 26, 2021
- 4 min read
The Global Metamaterials Market is projected to reach USD 3.61 billion in 2027. The key factors influencing the market include increasing demand for the new technologies that can be used in many applications such as absorbers, superlenses, and antennas instead of the conventional materials in order to boost the performance of themachinery and reliability of overallprocesses across applications.
The uniquely engineered synthetic structures having superior electromagnetic properties find a higher number of use cases and a vast potential for usage in large end-use verticals such as automotive, consumer electronics, medical, and others. The metamaterial market is driven mainly by demand from thetelecommunications applications because of the potential of the material to be used in the devices such as radars.
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Further key findings from the report suggest
The antenna sub-segment is expected to accumulate a steady growth rate over the forecasted period, primarily owing to an increased demand for specialized antennas in applications especially in defense, aerospace, & telecommunications.
The absorber sub-segment products are used in the manufacture of products such as the cloaking systems, super, and lenses. The advantages of using metamaterials in the antenna and absorber segments helps make it to be among the higher revenue generation segments.
In September 2019, a joint venture of the Caltech-Georgia Tech Zurich team developed a modern type of architected Metamaterial that too having the ability to shape change in a tunable method.
Key players in the market include Metamaterial Technologies, Inc., MetaShield LLC., Kymeta Corporation, MediWise Ltd., Phoebus Optoelectronics LLC, JEM Engineering, LLC, Multiwave Technologies AG, Echodyne, Inc., NKT Photonics AS and Fractal Antenna Systems Inc., among others.
The report further sheds light on the broad geographical fragmentation of the global Metamaterials market, as well as various market segments and sub-segments categorized into product types, applications, and end-users. The regional overview in the global market report comprises the market size, value, share, volume, and cost analysis related to each region.
Product Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
Electromagnetic
Tunable
Photonic
Frequency Selective Surface
Terahertz
Others
Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
Absorber
Antenna
Cloaking Devices
Super Lens
MRI
X-ray
Others
End-Use Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
Medical
Automotive
Consumer Electronics
Aerospace and Defense
Energy and Power
Others
The report begins with basic information about the market, such as definitions, applications, classifications, value chain analysis, among others, to facilitate a better understanding among the readers. The market offers a panoramic view of the industry through a thorough analysis of the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Detailed Analysis of the Regions of the Metamaterials Market Include Regions such as:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key points covered in the report:
The report provides the reader with a detailed study of the global Metamaterials market, including essential data beneficial for business.
The prominent factors driving and restraining market growth, latest product trends, and technological advancements have been extensively discussed by the authors of the report.
A broad market categorization, based on product type, application gamut, and end-user landscape, has been included in the report.
It further entails the latest product development, incorporation of new techniques, and profiles of major competitors in the market.
Table Of Content:
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Metamaterials Market Segmentation & Impact Analysis 4.1. Metamaterials Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Rising industrialization globally 4.2.2.2. Growth in the telecommunications Industry 4.2.2.3. Technological advancements in the industrial sector 4.2.2.4. Demand for Metamaterials in developing countries 4.2.2.5. Increasing scope of Metamaterial application 4.2.3. Market restraints analysis 4.2.3.1. Inefficient research methodologies 4.2.3.2. Labor & supply chain crisis in the COVID-19 pandemic 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
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