Global Metamaterial Market Overview
According to SPER Market Research, the Global Metamaterial Market is estimated to reach USD 7.0 billion by 2032 with a CAGR of 32.97%.
The global metamaterial market is a rapidly growing industry that is expected to see significant growth in the coming years. Metamaterials are artificially created materials that have unique properties not found in natural materials. They are created by arranging synthetic materials into patterns or structures that manipulate electromagnetic radiation or sound waves in a specific way. The market for metamaterials is driven by increasing demand for wireless communication technologies, military and defense applications, medical imaging, and sensing applications. The growing need for better and more efficient communication systems, advanced sensors and imaging technologies, and the development of new technologies in the defense sector are some of the key drivers of the metamaterial market.
Overall, the global metamaterial market is expected to grow at a significant rate in the coming years, driven by increasing demand for advanced communication technologies, defense applications, and sensing technologies. The development of new and innovative metamaterials with unique properties is expected to further drive the growth of the market.
Impact of COVID-19 on the Global Metamaterial Market
The metamaterials industry has been significantly impacted by COVID-19's global expansion. Due to problems in the worldwide supply chain, which remained closed or operated at a reduced capacity during the lockdown, global automobile sales declined dramatically during the coronavirus outbreak. Because metamaterial is essential for improving the performance of automotive optical equipment like sensor systems, this has reduced the need for it. However, over the projection period, it is anticipated that the reopening of supply chains, followed by a growth in the deployment of smartphones and other devices, would improve the popularity of optical metamaterial design. Additionally, it is expensive to synthesise metamaterials and extract their characteristics from their base materials. Additionally, because different degrees of fabrication techniques are used, the cost of synthesising varies according on the application.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Technology, By Application, By Vertical
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Acoustic Metamaterials Group Ltd, Advaned Research project Agency, Echodyne Inc, Fractal Antenna System Inc, JEM Engineering, Kymeta Corporation, Metaboards Limited, Metamagnetics Inc, Metamaterial Technologies Inc, Nano-Meta Technologies, Palo Alto Research Centre Incorporated, Teraview
|
Global Metamaterial Market Segmentation:
1. By Technology:
- Electromagnetic
- Frequency Selective Surface
- Photonic(Optical)
2. By Application:
- Communication Antenna and Radar
- Display
- Medical Imaging
- Sensors
3. By Vertical:
- Aerospace and Defence
- Automotive
- Consumer Electronics
- Others
4. By Region:
- Asia-Pacific
- Europe
- Middle East
- Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Metamaterial Market (FY’2019-FY’2032)
- Overview of Global Metamaterial Market
- Segmentation of Global Metamaterial Market By Technology (Electromagnetic, Terahertz, Photonic, Tunable, Frequency Selective Surface, Others)
- Segmentation of Global Metamaterial Market By Application (Communication Antenna and Rader, Sensors, Solar Panel and Absorbers, Display, Medical Imaging, Windscreen, Others)
- Segmentation of Global Metamaterial Market By Vertical (Automotive, Aerospace and Defence, Consumer Electronics, Medical, Energy and Power, Others)
- Statistical Snap of Global Metamaterial Market
- Growth Analysis of Global Metamaterial Market
- Problems and Challenges in Global Metamaterial Market
- Competitive Landscape in the Global Metamaterial Market
- Impact of COVID-19 and Demonetization on Global Metamaterial Market
- Details on Recent Investment in Global Metamaterial Market
- Competitive Analysis of Global Metamaterial Market
- Major Players in the Global Metamaterial Market
- SWOT Analysis of Global Metamaterial Market
- Global Metamaterial Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Metamaterial Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Metamaterial Market Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Metamaterial Market
7. Global Metamaterial Market, By Technology, 2019-2032 (USD Million)
7.1 Electromagnetic
7.2 Frequency Selective Surface
7.3 Photonic(Optical)
7.4 Terahertz
7.5 Tunable
7.6 Others
8. Global Metamaterial Market, By Application, 2019-2032 (USD Million)
8.1 Communication Antenna and Radar
8.2 Display
8.3 Medical Imaging
8.4 Sensors
8.5 Solar panel and Absorbers
8.6 Windscreen
8.7 Others
9. Global Metamaterial Market, By Vertical, 2019-2032 (USD Million)
9.1 Aerospace and Defence
9.2 Automotive
9.3 Consumer Electronics
9.4 Energy and Power
9.5 Medical
9.6 Others
10. Global Metamaterial Market, By Region, 2019-2032 (USD Million)
10.1 Global Metamaterial Market Size and Market Share by Region (2019-2025)
10.2 Global Metamaterial Market Size and Market Share by Region (2026-2032)
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Europe
10.4.1 France
10.4.2 Germany
10.4.3 Italy
10.4.4 Spain
10.4.5 United Kingdom
10.4.6 Rest of Europe
10.5 Middle East and Africa
10.5.1 Kingdom of Saudi Arabia
10.5.2 United Arab Emirates
10.5.3 Rest of Middle East & Africa
10.6 North America
10.6.1 Canada
10.6.2 Mexico
10.6.3 United States
10.7 Latin America
10.7.1 Argentina
10.7.2 Brazil
10.7.3 Rest of Latin America
11. Company Profiles
11.1 Acoustic Metamaterial Group Ltd
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 Advanced Research Project Agency
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Echodyne
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 Fractal Antenna Systems Inc.
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 JEM Engineering
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Kymeta Corporation
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 Metaboards Limited
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 Metamagnetics Inc.
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 Metamaterial Technologies Inc.
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
11.10 Nano-Meta Technologies Inc.
11.10.1 Company details
11.10.2 Financial outlook
11.10.3 Product summary
11.10.4 Recent developments
11.11 Palo Alto Research Centre Incorporated
11.11.1 Company details
11.11.2 Financial outlook
11.11.3 Product summary
11.11.4 Recent developments
11.12 TeraView
11.12.1 Company details
11.12.2 Financial outlook
11.12.3 Product summary
11.12.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
