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Metamaterial Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Metamaterial Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Metamaterial Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 18 Jun 2020
  • Report ID: ICT&S 0028
  • Pages:192
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

According to a study published by Insure Insights, the global metamaterials market is anticipated to grow at a CAGR of 25.7% during the forecast period. A metamaterial is defined as an artificial composite that adopts its electrical properties from its structure rather than inheriting them directly from the materials it is composed of. Metamaterials, which are made in microwaves through optical wavelengths, are a subset of a larger group of heterogeneous structures consisting of a base solid material and various material elements. Metamaterials have unique anomalous properties over a limited frequency band. They have the ability to create super lenses, which allows imaging below the diffraction limit. Metamaterials have wide applications in sensor detection, optical filters, medical devices, remote aerospace application, smart solar power management, high-frequency battlefield communication, and even shielding structures from earthquakes.

Top Driver: Rising Focus on Developing Efficient Solar Power Solutions and Extended Application

The rapid adoption of metamaterials in various Information and communication technology applications, surging demand for modeling & simulation of metamaterial-based devices for industrial applications, and rising focus on developing efficient solar power solutions are the significant factors drives the growth of global metamaterials market. Increasing investment in research and development to adopt metamaterials in various aerospace defense applications and growing focus on extending metamaterials in various healthcare & biomedical applications is anticipated to boost the market. Besides, growing focus on deploying metamaterial technology for developing passive radiative cooling solutions for power plants electronically scanned array platform for self-driving cars & drones, further expected to fuel the growth of global metamaterials market.

Electromagnetic Segment to Contribute Towards the Growth of the Market

On the basis of product, the market is segmented into Tunable, Frequency Selective Surface, Non-linear, Electromagnetic, Terahertz, Photonic. The electromagnetic metamaterials are widely use in microwave couplers, antennas, beam steamers, band pass filters, lenses radomes and others. Due to such wide applications the segment is expected to witness huge growth in the forecast period. On the basis of application, the market can be segmented into Superlens, Cloaking devices, Antenna, Absorber, Others. On the basis of end user, the market is segmented into Consumer electronics, Energy & power, Aerospace & defense, Medical, Automotive. The aerospace and defense segment is expected to contribute with a huge share in the market

Rising Demand For Aerospace to Benefit North America Market

North America is expected to hold the largest share of the metamaterial market during the forecast period. The surge in the growth can be attributed to the boosting demand from the aerospace and defense vertical. The various government agencies, such as DOD (Department of Defense), DARPA (Defense Advanced Research Projects Agency), and NASA (National Aeronautics and Space Administration) are funding research universities and industry players for the development of metamaterial-based antennas.

Players to Focus on Metamaterial Market

The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. Metamaterial Technologies Inc., Kymeta Corporation, JEM Engineering LLC, Applied EM, Inc., Microwave Measurement Systems LLC, Teraview, Alps Electric Co., Ltd, Alps Electric Co., Ltd, PARC, Echodyne, Phoebus optoelectronics among others could be at the forefront of the competition in the global market.

Kymeta Corporation: In January 2020, Isotropic, the trusted provider of global internet services offering unrivalled certainty, and Kymeta, the communications company that is completing the connectivity fabric for everything, everywhere, have partnered to conduct over-the-air testing on Kymeta’s u7 antenna and next generation antennas.

ALPS ALPINE CO., LTD.: In January 2019, ALPS ALPINE CO., LTD. announced that at the meeting of the Board of Directors held today, a resolution was adopted to acquire its own shares under Article 156 which is applicable in accordance with Article 165, paragraph 3 of the Companies Act.

Scope of the Report

By Product

  • Tunable
  • Frequency Selective Surface
  • Non-linear
  • Electromagnetic
  • Terahertz
  • Photonic

By Application

  • Superlens
  • Cloaking devices
  • Antenna
  • Absorber
  • Others

By End-User

  • Consumer electronics
  • Energy & power
  • Aerospace & defense
  • Medical
  • Automotive

By Region

  • North America
  • Europe
  • Asia Pacific

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.

4. It builds a seven-year estimate based on how the market is

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Metamaterial Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Metamaterial Market -Industry Snapshots

6.1             Overview

6.1.1          Global Metamaterial Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Metamaterial Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Metamaterial Market- By Type

7.2.1          Metamaterial Market- Tunable

7.2.2          Metamaterial Market- Frequency Selective Surface

7.2.3          Metamaterial Market- Non-linear

7.2.4          Metamaterial Market- Electromagnetic

7.2.5          Metamaterial Market- Terahertz

7.2.6          Metamaterial Market- Photonic

Chapter 8           Global Metamaterial Market Analysis, by Application

8.1             Overview

8.2             Key Findings for Metamaterial Market- By Application

8.2.1          Metamaterial Market- Superlens

8.2.2          Metamaterial Market- Cloaking devices

8.2.3          Metamaterial Market- Antenna

8.2.4          Metamaterial Market- Absorber

8.2.5          Metamaterial Market- Others

Chapter 9           Global Metamaterial Market Analysis, by End User

9.1             Overview

9.2             Key Findings for Metamaterial Market- By End User

9.2.1          Metamaterial Market- Consumer electronics

9.2.2          Metamaterial Market- Energy & power

9.2.3          Metamaterial Market- Aerospace & defense

9.2.4          Metamaterial Market- Medical

9.2.5          Metamaterial Market- Automotive

Chapter 10       Metamaterial Market Analysis by Region

10.1           Key Findings for Metamaterial Market- By region

10.2           Overview

10.2.1       Global Metamaterial Market Analysis, By Type, 2019 – 2028

10.2.2       Global Metamaterial Market Analysis, By Application, 2019 – 2028

10.2.3       Global Metamaterial Market Analysis, By End User, 2019 – 2028

10.3           Metamaterial Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Type

10.3.6       North America Market, By Application

10.3.7       North America Market, By End User

10.4           Metamaterial Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Type

10.4.8       Europe Market, By Application

10.4.9       Europe market by, End User

10.5           Metamaterial Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Type

10.5.7       Asia Pacific Market, By Application

10.5.8       Asia Pacific Market, By End User

10.6           Metamaterial Market – SAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       South America

10.6.4       Rest Of World

10.6.5       South America, Middle East and Africa Market, By Type

10.6.6       South America, Middle East and Africa Market, By Application

10.6.7       South America, Middle East and Africa Market, By End User

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Metamaterial Technologies Inc.

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Kymeta Corporation

12.3           JEM Engineering LLC

12.4           Applied EM, Inc.

12.5           Microwave Measurement Systems LLC

12.6           Teraview

12.7           Alps Electric Co., Ltd

12.8           Alps Electric Co., Ltd

12.9           PARC

12.10        Echodyne

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

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