Metamaterials Market Overview Highlighting Major Drivers, Future Growth and Demand Report 2020- 2027
- elizabethsanchez28
- Aug 31, 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 aerospace & defense end-uses is being consedered to be the largest end-use segment in terms of revenue, and this domination is projected to continue in the projected period. The reason behind this is the fast development of this vertical end-user in core economies such as the United States, the U.K., Germany, China, India, and Russia.
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Further key findings from the report suggest
· 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)
o Electromagnetic
o Tunable
o Photonic
o Frequency Selective Surface
o Terahertz
o Others
· Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
o Absorber
o Antenna
o Cloaking Devices
o Super Lens
o MRI
o X-ray
o Others
· End-Use Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
o Medical
o Automotive
o Consumer Electronics
o Aerospace and Defense
o Energy and Power
o 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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Full Coverage of the Report:
l The authors of this report have performed qualitative and quantitative assessments of the global Metamaterials industry and further conducted market estimation for the forecast years of 2020-2027.
l The report assesses the global Metamaterials market in detail, focusing on the technological advancements, various industry verticals, distribution channels, diverse product types, and the broad application outlook.
l A wide-ranging analysis of the global Metamaterials market’s geographical scenario is an integral part of the report.
l In the conclusive section, the report discusses the company profiles of the key market players at length. This section takes a closer look at the financial positions, recent trends and developments, product offerings, and business expansion tactics of the market contenders.
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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