US Metamaterials market, 2013-2023
Metamaterials are artificially created composite materials that generate their properties from its inner microstructure instead of the chemical composition found in natural materials. Metamaterials can be furnished with properties and functionalities that are unfeasible in natural materials. Some of the major applications of metamaterials are optical filters, medical devices, remote aerospace applications, sensor detection and infrastructure monitoring, smart solar power management, and many more.
The US metamaterials market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the US metamaterials market is growing at a fast pace and increasing its geographical footprint rapidly. The US metamaterials market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.
The USA is an advanced region across the globe in case of Information and communication technology, industries, health sector, and so on. The growing demand for the metamaterials in these domains is likely to be the major driving factor for the market growth in the US. Further, potential attention on utilizing metamaterials in the development of passive radioactive cooling solutions for power plants, electronically scanned array platform for self-driving cars & drones, and smart metamaterials antennas for 5G networks and satellites are also expected to promote the growth of metamaterials market.
High cost associated with the deployment of metamaterials in real life applications is a major hindrance in the market growth. Similarly, difficulties associated with design & fabrication, and lack of awareness are some of the factors expected to be the restraints in the metamaterials market growth.
The metamaterials has remarkable usage across all major regions in the US including west, southwest, northeast, southeast, and mid. The leading manufacturers in the US metamaterials market are Kymeta Corporation, Phoebus Optoelectronics, Echodyne, Applied EM, MetaShield, JEM Engineering, and so on.
The research procedure begins with the bifurcation of various market segments of the US polymer stabilizer market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across metamaterials industry value chain. Market Krystal ensured a holistic approach by involving experts from diverse functionalities and locations. This allowed a 360 view of the industry dynamic. Market Krystal held more than 30 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
Top level (40%), Operation level (20%), Mid-level (40%)
Contents of the report:
Insights on the US metamaterials industry dynamics
Estimation of the present US metamaterials market size in terms of value and volume
The US metamaterials market breakup based on type and application
Substantiated the US metamaterials market forecast for the next five years.
In depth analysis of the leading companies working across different nodes of the US metamaterials industry value chain
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