Demand for Global Metamaterials Market Size Will Surpass USD 1813.57 Million by 2028, Exhibit a CAGR of 36.20% | Metamaterials Industry Trends, Share, Value, Analysis & Forecast Report by Facts & Factors
[238+ Pages Report] According to Facts and Factors, the demand analysis of Global Metamaterials Market size is likely to grow USD 1,813.57 million by 2028, at a CAGR of approximately 36.20% between 2022 and 2028. The key market players are listed in the report with their sales, revenues and strategies are Kymeta Corporation, Metamaterial Technologies, Inc., Echodyne Inc., Multiwave Technologies AG, Metashield LLC, MultiwaveMetacrystal, Plasmonics, Inc., Metamagnetics, Inc., Nanohmics, Inc., Phoebus Optoelectronics, LLC, Metaboards, Radi-Cool, Phononic Vibes, Transsip, Inc, and others.
DUBLIN, Ireland, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled “Metamaterials Market Size, Share, Growth Analysis Report By Technology (Electromagnetic, Terahertz, Photonic (Optical), Tunable, Frequency Selective Surface, Others), By Application (Communication Antenna and Radar (Beam Steering), Sensors, Solar Panels and Absorbers, Display, Medical Imaging, Windscreen, Others), By Vertical (Automotive, Aerospace and Defense, Consumer Electronics, Medical, Energy and Power, Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.
“According to the latest research study, the demand of global Metamaterials Market size & share was valued at approximately USD 284.10 million in 2021. The market is expected to grow above a CAGR of 36.20% and is anticipated to reach over USD 1,813.57 million by 2028.”
The report analyses the Metamaterials market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Metamaterials market.
What are Metamaterials? How big is the Metamaterials Industry?
Market Overview:
A composite material having extraordinary acoustic, electrical, magnetic, and optical capabilities is known as a metamaterial. Resonators manipulate electromagnetic waves or sound in unusual ways for natural phenomena. Metamaterials exhibit negative permittivity and permeability, which are remarkable qualities in addition to their exceptional physical properties.
In metamaterials, different configurations of unit cells can be utilized to regulate wave propagation. Metamaterials are synthetic, man-made composite materials whose characteristics are determined by their interior microstructure instead of their chemical makeup. The use of metamaterials in antennas is one of the most significant applications of these materials, among others, which are as follows. Small electric and attractive dipole reception apparatuses are coated with metamaterials to improve their radiation properties and electrically coordinate them.
Get a Free Sample PDF of this Research Report for more Insights with Table of Content, Research Methodology, and Graphs - https://www.fnfresearch.com/sample/metamaterials-market
(Before you plan to buy, sample reports are a great option to examine our in-depth studies or reports)
Key Insights from Primary Research
As per the analysis, the Metamaterials market is likely to grow above a CAGR of around 36.20% between 2022 and 2028.
The Metamaterials market size was worth around US$ 284.10 million in 2021 and is estimated to hit approximately US$ 1,813.57 million by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
By technology, the electromagnetic category dominated the market in 2021.
By application, the communication antenna and radar category dominated the market in 2021.
On the basis of region, North America dominated the metamaterials market in 2021.
Competitive Players
The report contains qualitative and quantitative research on the global Metamaterials Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts.
Some of the main players in the global Metamaterials market include;
Kymeta Corporation
Metamaterial Technologies Inc.
Echodyne Inc.
Multiwave Technologies AG
Metashield LLC
MultiwaveMetacrystal
Plasmonics Inc.
Metamagnetics Inc.
Nanohmics Inc.
Phoebus Optoelectronics LLC
Metaboards
Radi-Cool
Phononic Vibes
TranssipInc
Multiscale Systems
Mediwise
Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/metamaterials-market
Market Dynamics
The use of metamaterials in aerospace, defense, and high-end military applications is anticipated to promote market growth. Metamaterials have inherent value and utility due to their special, manufactured qualities, as with communications antennas, windscreens, solar panels, sensors, and medical imaging devices. As a result, government organizations like the department of defense (DOD) and the defense advanced research projects agency (DARPA) are heavily funding metamaterial research and development for use in aerospace and defense. The rising use of metamaterials for communication antennas and miniature radars during the forecast period is another element fueling the market for these materials' rise. Metamaterials are used extensively throughout several industries, including telecommunications and pharmaceuticals. They are perfect for creating metamaterial lenses, antennas, and sensors because of their unique features.
Metamaterial-based lenses, antennas, and sensors are more effective than conventional ones. The market for metamaterials is driven by the growing demand for graphene-based metamaterials in the medical sector. Due to their electromagnetic characteristics, sensors and microwave antennas are essential components of the telemetry system. Highly effective metamaterials are ideal for solar cells and optical sensors because they can absorb various light. Therefore, due to the variety of design functions, metamaterials are highly sought after for numerous applications. Despite this, the only thing standing in the way of the worldwide metamaterial market's expansion is a lack of sufficient production infrastructure.
Industry companies continue to rely on research universities for mass production. In contrast to their constituent materials, their structure determines metamaterials' qualities. Thus, depending on their intended use, metamaterials are synthesized in various ways. Finding the appropriate materials to satisfy an application's needs cannot be easy. This makes the process of producing metamaterials difficult and time-consuming. The price of synthesis varies depending on the fabrication techniques employed. Different fabrication techniques are available depending on the design combination and desired use. As a result, creating metamaterials is expensive. The price of synthesizing metamaterials is considerable, which restrains the market for them because there isn't readily available technology to do so.
Metamaterials Market: COVID-19 Impact Analysis
People and companies in every region of the world have been impacted as a result of the COVID-19 pandemic. The functioning of businesses was either completely suspended or only partially maintained, which caused a disruption in the global economy. Covid-19 had an effect on the market for metamaterials because it had a ripple effect across all industries, including the automotive industry, the defence industry, the aerospace industry, the electronics industry, and others. This had the effect of halting several ongoing projects and reducing investments in new machinery. As a direct consequence of this, the global market for metamaterials saw sluggish growth.
Browse the full “Metamaterials Market Size, Share, Growth Analysis Report - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/metamaterials-market
Metamaterials Market: Segmentation Analysis
The metamaterials market is segregated based on technology, application, vertical and region. Based on technology, the market is divided into electromagnetic, terahertz, photonic (optical), tunable, frequency selective surface and others. Among these, the electromagnetic segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period.
Based on application, the market is classified into communication antenna and radar (beam steering), sensors, solar panel and absorbers, display, medical imaging, windscreen and others. In 2021, the communication antenna and radar category dominated the global market. Based on the vertical, the market is classified into automotive, aerospace and defense, consumer electronics, medical, energy and power, and others. The aerospace and defense vertical segment dominated the market in 2021.
Regional Analysis
The metamaterials market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America held a dominant position in the worldwide metamaterials market in 2021 due to rising demand from the aerospace and defense sectors. Research universities and business firms are receiving significant funding from government agencies, including the DOD, DARPA, and NASA, to develop metamaterial-based antennas. Demand for metamaterials has recently increased, driven mostly by the aerospace & defense, automotive, consumer electronics, medical, and energy & power sectors. The US government (DOD, DARPA, US Navy) and private organizations (Bill Gates Foundation, Lux Capital, and Kresge Foundation) support developing effective and reasonably priced electronic equipment and applications.
Have Any Query? Ask Our Experts: https://www.fnfresearch.com/inquiry/metamaterials-market
Recent Industry Developments:
January 2021: Kymeta received an investment from Hanwha Systems (HSC) to support the metamaterial-based antenna technology.
October 2020: EchoGuard CR and RadarHub were introduced by Echodyne Inc. EchoGuard CR offer high-performance active beam steering and 3D radar capability in urban and crowded situations and areas with limited range requirements. RadarHub makes multi-radar deployment and management easier.
Key questions answered in this report:
What is the market size and growth rate forecast for Metamaterials industry?
What is the main driving factors propelling the Metamaterials Market forward?
What are the leading companies in the Metamaterials Industry?
What segments does the Metamaterials Market cover?
How can I receive a free copy of the Metamaterials Market sample report and company profiles?
Report Scope:
Report Attribute | Details |
Market Size in 2021 | USD 284.10 million |
Projected Market Size in 2028 | USD 1,813.57 million |
CAGR Growth Rate | 36.20% CAGR |
Base Year | 2021 |
Forecast Years | 2022-2028 |
Key Market Players | Kymeta Corporation, Metamaterial Technologies Inc., Echodyne Inc., Multiwave Technologies AG, Metashield LLC, MultiwaveMetacrystal, Plasmonics Inc., Metamagnetics Inc., Nanohmics Inc., Phoebus Optoelectronics LLC, Metaboards, Radi-Cool, Phononic Vibes, TranssipInc, Multiscale Systems, Mediwise, Metawave, Pivotal Commware, Metasonixx, Sonobex Limited, JEM Engineering LLC, Applied EM, Aegis Technologies, Teraview, Sensormetrix, and Others |
Key Segment | By Technology, Application, Vertical, and Region |
Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options | Request customized purchase options to meet your research needs. |
Request for Customization on this Report as per your requirements - https://www.fnfresearch.com/customization/metamaterials-market
(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)
The global Metamaterials market is segmented as follows:
By Technology
Electromagnetic
Terahertz
Photonic (Optical)
Tunable
Frequency Selective Surface
Others
By Application
Communication Antenna and Radar (Beam Steering)
Sensors
Solar Panel and Absorbers
Display
Medical Imaging
Windscreen
Others
By Vertical
Automotive
Aerospace and Defense
Consumer Electronics
Medical
Energy and Power
Others
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Southeast Asia
Rest of Southeast Asia
The Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request Your Free Sample Report of the Global Metamaterials Market @ https://www.fnfresearch.com/sample/metamaterials-market
Key Offerings:
Market Size, Trends, & Forecast by Revenue | 2022−2028
Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
Market Segmentation – A detailed analysis by Technology, Application, Vertical, and Region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Browse Other Related Research Reports from Facts & Factors
Conductive Textile Market - https://www.fnfresearch.com/conductive-textile-market
Geomembrane Market - https://www.fnfresearch.com/geomembrane-market
Wood Coatings Resins Market - https://www.fnfresearch.com/wood-coatings-resins-market
Tampon Market - https://www.fnfresearch.com/tampon-market
Protein Expression Market - https://www.fnfresearch.com/protein-expression-market
Liquid Fertilizers Market - https://www.fnfresearch.com/liquid-fertilizers-market
About Facts & Factors:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.
Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Follow Us on LinkedIn: https://www.linkedin.com/company/fnfresearch
Follow Us on Twitter: https://twitter.com/fnfresearch
Follow Us on Facebook: https://www.facebook.com/factsandfactors/
Contact Us:
Rushikesh Dorge
USA: +1 347 690-0211
United Kingdom: +44 2032 894158
Japan: +81 50 5806 9039
India: +91 73877 19999
Email:sales@fnfresearch.com
Web: https://www.fnfresearch.com
![](https://s.yimg.com/ny/api/res/1.2/qaSszzXdCC_jBAlByH._uQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MA--/https://ml.globenewswire.com/media/MDI4Yzg5OTAtZDZmMi00OTQ5LWI5YzctYjA4M2U5NzExNTJmLTEyMTYwMjM=/tiny/Facts-Factors.png)