Global Metamaterials Market – Segmented by Material Type, Application, and Region – Growth, Trends and Forecasts (2017 - 2022)
The global metamaterial market valued at USD XX million in 2016, and is projected to register a CAGR of XX% during 2017-2022 (the forecast period). The demand for metamaterial is driven by its increasing demand for anti-reflective coatings.Metamaterials have artificial electromagnetic properties. They have found a huge application base in communication and medical sectors.The major driver for the metamaterial market is the rising demand for metamaterials for anti-reflective coatings. The increase in the usage of antennas for communication is also expected to boost the market’s growth at a faster pace. The metamaterials market is segmented on the basis of material type into electromagnetic, terahertz, tunable, photonic, FSS and others (including infrared and ultraviolet). Terahertz metamaterial is expected to dominate the market, by material type, during the forecast period. The global metamaterial market is further segmented on the basis of application into communication antennas, windscreen, solar panel, sensing, display, and medical imaging. Communication antennas currently dominate the market, by application, due to their usage in satellite antennas.
AREAS WITH SCOPE FOR METAMATERIAL :North America accounted for the largest market size (valued in USD million), due to the rise in demand from aerospace and defense. The market is expected to register an estimated CAGR of XX.00% during the forecast period, the highest among regions, including North America, Asia-Pacific, Europe, South America, and Middle East & Africa. The growth in the telecommunication and medical sectors is expected to provide ample opportunities for the metamaterials market.
Why Purchase our Global Metamaterial Market Report?
• Know about the latest regulations and policies of metamaterial
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares and strategies employed by major market players, such as:
o JEM Engineering, LLC.
o Kymeta Corporation
o Metamaterial Technologies, Inc.
o Echodyne Inc.