Metamaterials Market Report, by Product Type (Electromagnetic, Terahertz, Tunable, Photonic, and Frequency Selective Surface (FSS)), by Application (Antenna and Radar, Sensor, Cloaking Devices, Superlens, Light, and Sound Filtering), by End-use Industry (Healthcare, Telecommunication, Aerospace and Defense, Electronics, and Automotive), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Trends, and Forecast, 2022 - 2028
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 (2022-2028), considering 2021 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:
Global Metamaterials market, By Product Type:
Electromagnetic
Terahertz
Tunable
Photonic
Frequency Selective Surface (FSS)
Global Metamaterials market, By Application:
Antenna and Radar
Sensors
Cloaking Devices
Superlens
Light
Sound Filtering
Global Metamaterials market, By End Use Industry:
Healthcare
Telecommunication
Aerospace and Defense
Electronics
Automotive
Global Metamaterials market, By Geography:
North America
By Product Type:
Electromagnetic
Terahertz
Tunable
Photonic
FSS
By Application:
Antenna and Radar
Sensors
Cloaking Devices
Superlens,
Light
Sound Filtering
By End Use Industry:
Healthcare
Telecommunication
Aerospace and Defense
Electronics
Automotive
By Country:
U.S.
Canada
Europe
By Product Type:
Electromagnetic
Terahertz
Tunable
Photonic
FSS
By Application:
Antenna and Radar
Sensors
Cloaking Devices
Superlens, Light
Sound Filtering
By End Use Industry:
Healthcare
Telecommunication
Aerospace and Defense
Electronics
Automotive
By Country:
UK
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
By Product Type:
Electromagnetic
Terahertz
Tunable
Photonic
FSS
By Application:
Antenna and Radar
Sensors
Cloaking Devices
Superlens, Light
Sound Filtering
By End Use Industry:
Healthcare
Telecommunication
Aerospace and Defense
Electronics
Automotive
By Country:
China
India
Japan
Australia & New Zealand
South Korea
Rest of Asia Pacific
Latin America
By Product Type:
Electromagnetic
Terahertz
Tunable
Photonic
FSS
By Application:
Antenna and Radar
Sensors
Cloaking Devices
Superlens, Light
Sound Filtering
By End Use Industry:
Healthcare
Telecommunication
Aerospace and Defense
Electronics
Automotive
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
By Product Type:
Electromagnetic
Terahertz
Tunable
Photonic
FSS
By Application:
Antenna and Radar
Sensors
Cloaking Devices
Superlens, Light
Sound Filtering
By End Use Industry:
Healthcare
Telecommunication
Aerospace and Defense
Electronics
Automotive
By Country:
GCC Countries
South Africa
Rest of Middle East & Africa
Company Profiles
Acoustic Metamaterials Group Ltd *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
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
TeraView
“*” marked represents similar segmentation in other categories in the respective section.
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