Business Chemical and Material Press Release

Metamaterials Market is Accounted For $90.25 Million In 2019 and Is Expected To Reach $7,145.21 Million By 2026 Growing At A Cagr Of 62.5% During The Forecast Period

The Global Metamaterials Market is accounted for $90.25 million in 2017 and is expected to reach $7,145.21 million by 2026 growing at a CAGR of 62.5% during the forecast period. Variety in design functionalities, increasing focus on developing efficient solar power solutions and rise in wireless communication services are the key driving factors for the market growth. However, factors such as cost of synthesization of metamaterials and lack of awareness are hindering the market growth.

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Metamaterials refer to specially engineered composite materials with superior electromagnetic properties, in comparison with traditional composites found in nature. Metamaterial show its exceptional physical properties such as, negative permittivity & permeability and negative index of refraction have attracted significant research and development activities. The significance of metamaterial is that it can affect waves of electromagnetic radiation or sound and allowing engineers to manipulate wave propagation by modifying unit cells in different ways.

Based on Material Types, Photonic metamaterials held steady growth during predicted period owing to the growing use in development of cloaking devices and transformation optics. A few photonic metamaterials show magnetism at very high frequencies, which result in powerful magnetic coupling. Geographically, Asia-Pacific market acquired highest CAGR during the forecast period due to fast growth of the consumer electronics, medical, and aerospace & defense sectors in the region, primarily driven by key countries such as China and India.

Some of the key players profiled in the Metamaterials Market include Aegis Technologies, Applied EM, Alps Electric Co Ltd, Echodyne Inc, Fractal Antenna Systems Inc, JEM Engineering LLC, Harris Corporation, Kymeta Corporation, Mediwise, Metamagnetics Inc, Metamaterial Technologies Inc, Metashield LLC, Multiwave Technologies AG, Microwave Measurement Systems LLC, Nanohmics Inc, Newport Corporation, Nanosonic Inc, Nanoscribe GmbH, Phoebus Optoelectronics LLC, Photonic Lattice Inc, Plasmonics Inc and Teraview.

Material Types Covered:
• Frequency Selective Surface
• Photonic Metamaterials
• Tunable Metamaterials
• Terahertz Metamaterials
• Electromagnetic Metamaterials

End Users Covered:
• Aerospace and Defense
• Automotive
• Consumer Electronics
• Energy and Power
• Medical
• Telecommunication

Applications Covered:
• Superlens
• Sound filtering
• Solar panel
• Sensors
• Seismic protection
• Medical Imaging
• Antenna
• Absorber
• Other Applications

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Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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