The global metamaterials market is estimated to grow at a considerable CAGR during the forecast period. Artificial materials, often called metamaterials, are artificial electromagnetic media whose physical properties are engineered by assembling microscopic and nanoscopic structures in unusual combinations. The study of these materials breaks the traditional frontiers and brings together many disciplines such as physics and microfabrication; electromagnetic theory and computational methods; optics and microwaves; and nanotechnology and nanochemistry. Their possible applications range from electronics and telecommunications to sensing, medical instrumentation, and data storage The major factor that is contributing to the growth of the market including the growing demand for telecommunication, aerospace and defense sector due to excellent property of metamaterials. Moreover, the growing usage of wireless communication systems further provides significant growth in the market.
Segmental Outlook
The global metamaterials market is classified on the basis of type and application. Based on type the market is classified into Terahertz, Tunable, Electromagnetic, FSS, and others. The Electromagnetic segment is projected to have significant growth in the market owing to the increasing demand for electromagnetic products in the aerospace and defense sector. On the basis of application, the market is segregated into antenna & radar, cloaking devices, light & sound filtering, sensors, superlens, and others (solar). The parking assistance application segment is projected to have a significant share in the metamaterials industry due to the increasing application of wireless communication systems in the telecom and aerospace sector.
Global Metamaterials Market Share by End-User, 2018(%)
Global metamaterials market to be driven by the Telecommunication Industry
The Telecommunication end-user segment is projected to have significant growth in the global market during the forecast period. The Telecom industry is witnessing significant growth over the years owing to the government initiatives to promote digitalization that further metamaterial-based antenna for wireless communication. As there is a significant need for reliable, versatile tactical networks for data, voice, and video communications for military applications, Cisco has introduced the concept of Radio Aware Routing (RAR). RAR optimizes IP routing over diverse radio networks to provide users real-time access to critical information while on the move. Moreover, the Aerospace and Defense industry has a considerable market share in the global metamaterials market.
Regional Outlook
Geographically, the global Metamaterials market is further classified into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is estimated to have a considerable share in the global market due to the increasing adoption of advanced wireless communication components such as an antenna in the telecom sector. The advancement in consumer electronics, growing aerospace and defense industry, and the significant growth of major emerging economies, such as China, India, and South Korea will further boost the demand for RF component market.
Global Metamaterials Market Growth, by Region 2019-2025
North America has a considerable share in the global metamaterials market
Geographically, North America is projected to have a significant market share in the global market. The US and Canada are significantly contributing to the market growth due to various factors such as high penetration of smartphones, developed ICT industry and adoption of advanced communication technologies such as 5G, rising demand of connected cars and others in these countries. Moreover, high internet penetration is one of the major factors that is augmenting market growth in North America. According to the ITU database in 2018, around 69.6 individuals using the internet per 100 inhabitants in North America. The antennas and Radars have a significant application in a wireless connection for transmitting and receiving data between two devices.
Market Players Outlook
The key players in the Metamaterials market contributing significantly by providing advanced technology-based products and increasing their geographical presence across the globe. The key players in the market include Acentech Inc., AEgis Technologies Group, Echodyne Corp., Fractal Antenna Systems, Inc., JEM Engineering, LLC, Kymeta Corporation among others. These market players adopt various strategies such as government contracts, product launch, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Metamaterials Market by Type
5.1.1. Terahertz
5.1.2. Tunable
5.1.3. Electromagnetic
5.1.4. FSS
5.1.5. Others (Chiral)
5.2. Global Metamaterials Market by Application
5.2.1. Antenna & Radar
5.2.2. Cloaking Devices
5.2.3. Light & Sound Filtering
5.2.4. Sensors
5.2.5. Superlens
5.2.6. Others (Solar)
5.3. Global Metamaterials Market by End-User
5.3.1. Telecommunication
5.3.2. Aerospace & Defense
5.3.3. Electronics
5.3.4. Healthcare
5.3.5. Other (Optics)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Acentech Inc.
7.2. AEgis Technologies Group
7.3. Echodyne Corp.
7.4. Fractal Antenna Systems, Inc.
7.5. JEM Engineering, LLC
7.6. Kymeta Corporation
7.7. Metaboards Ltd.
7.8. Metamaterial Technologies Inc.
7.9. NKT Photonics A/S
7.10. Radi-Cool, Inc.
7.11. TeraView Ltd.
1. GLOBAL METAMATERIALS MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. GLOBAL TERAHERTZ METAMATERIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL TUNABLE METAMATERIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL ELECTROMAGNETIC METAMATERIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL FSS METAMATERIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL OTHER METAMATERIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL METAMATERIALS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
8. GLOBAL METAMATERIALS IN ANTENNA & RADAR MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL METAMATERIALS IN CLOAKING DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL METAMATERIALS IN LIGHT & SOUND FILTERING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL METAMATERIALS IN SENSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL METAMATERIALS IN SUPERLENS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL METAMATERIALS IN OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL METAMATERIALS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
15. GLOBAL METAMATERIALS IN TELECOMMUNICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
16. GLOBAL METAMATERIALS IN AEROSPACE & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
17. GLOBAL METAMATERIALS IN RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
18. GLOBAL METAMATERIALS IN HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
19. GLOBAL METAMATERIALS IN PUBLIC SECTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
20. GLOBAL METAMATERIALS IN TRAVEL & HOSPITALITY MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
21. GLOBAL METAMATERIALS IN OTHER INDUSTRIES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
22. GLOBAL METAMATERIALS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
23. NORTH AMERICAN METAMATERIALS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
24. NORTH AMERICAN METAMATERIALS MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
25. NORTH AMERICAN METAMATERIALS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
26. EUROPEAN METAMATERIALS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
27. EUROPEAN METAMATERIALS MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
28. EUROPEAN METAMATERIALS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
29. ASIA-PACIFIC METAMATERIALS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
30. ASIA-PACIFIC METAMATERIALS MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
31. ASIA-PACIFIC METAMATERIALS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
32. REST OF THE WORLD METAMATERIALS MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
33. REST OF THE WORLD METAMATERIALS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL METAMATERIALS MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. GLOBAL METAMATERIALS MARKET SHARE BY END-USER, 2018 VS 2025 (%)
3. GLOBAL METAMATERIALS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
4. US METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
5. CANADA METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
6. UK METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
7. FRANCE METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
8. GERMANY METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
9. ITALY METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
10. SPAIN METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
11. ROE METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
12. INDIA METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
13. CHINA METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
14. JAPAN METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
15. REST OF ASIA-PACIFIC METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF THE WORLD METAMATERIALS MARKET SIZE, 2018-2025 ($ MILLION)