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Metamaterials - Global Market Trajectory & Analytics

  • ID: 4805188
  • Report
  • April 2021
  • Region: Global
  • 298 pages
  • Global Industry Analysts, Inc
Global Metamaterials Market to Reach $5.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Metamaterials estimated at US$334.9 Million in the year 2020, is projected to reach a revised size of US$5.6 Billion by 2027, growing at a CAGR of 49.7% over the analysis period 2020-2027. Electromagnetic, one of the segments analyzed in the report, is projected to record a 49.8% CAGR and reach US$2.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Terahertz segment is readjusted to a revised 49% CAGR for the next 7-year period.

The U.S. Market is Estimated at $89.5 Million, While China is Forecast to Grow at 58.6% CAGR

The Metamaterials market in the U.S. is estimated at US$89.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 58.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 40.4% and 45.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 42.7% CAGR.

Photonic Segment to Record 48.7% CAGR

In the global Photonic segment, USA, Canada, Japan, China and Europe will drive the 47.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$27.4 Million in the year 2020 will reach a projected size of US$408.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$931 Million by the year 2027, while Latin America will expand at a 51.4% CAGR through the analysis period.

Select Competitors (Total 46 Featured):
  • Aegis Technologies Group
  • Applied EM, Inc.
  • Jem Engineering, LLC.
  • Kymeta Corporation
  • Metamagnetics, Inc.
  • Metamaterial Technologies, Inc.
  • Metashield LLC.
  • Multiwave Technologies AG
  • Nanohmics, Inc.
  • Nanosonic Inc.
  • Phoebus Optoelectronics LLC.
  • Plasmonics, Inc.
  • Teraview Ltd.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Metamaterials: A Dynamic Area of Science with Numerous Emerging Commercial Applications
  • Unique Properties of Artificially-Engineered Metamaterials and Widening Applications Range Contribute to the Robust Outlook for Metamaterials Market
  • Exhibit 1: Global Metamaterials Market: Percentage Breakdown of Revenues by End-Use Sector for 2019
  • Exhibit 2: Metamaterials Market in the US: Percentage Breakdown of Revenues by End-Use Sector for the Years 2019 and 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Rising Use of Metamaterial in Communication Antennas Drives Market Growth
  • Electromagnetic Metamaterials Emerge As a Possible Solution for Improving Parameters of Antenna
  • Metamaterials: Promising Prospects in Creating Efficient Solar Panels
  • Growing Significance of Metamaterials for High Efficiency Silicon Solar Cells
  • Invisible Cloaking Capabilities of Metamaterials: A Step Closer to Reality?
  • Purified Graphene Metamaterial: Potential to Improve Solar Power
  • Vanadium Oxide Emerges as a Vital Part of Reconfigurable Metamaterials
  • Silicon Metamaterial Enables Precision Color Control
  • Acoustic Metamaterials: Enabling Manipulation and Control of Sound Waves
  • Acoustic Metamaterials Hold Tremendous Potential in Aeronautics
  • Metamaterials in Medical Field: Potential to Transform Orthopedics Space
  • Promising Role of Metamaterials for Energy Harvesting
  • INNOVATIONS & ADVANCEMENTS
  • University of California San Diego Engineers Develop Lossless Plasmonic Metamaterials to Boost Efficiency of Solar Cells
  • Scientists Develop Metamaterial for Solar Cells and Nano-Optics
  • Penn State University Researchers and Lockheed Martin Develop New Satellite Antenna based on Metamaterials
  • Duke University Researchers Build Dynamically Tunable Metamaterial to Control Electromagnetic Waves
  • Physicists Use Metamaterial to Solve Complex Equations at High Speeds
  • Researchers Developing Acoustic Metamaterials
  • Boston University Researchers Propose Acoustic Metamaterial to Cancel Sound
  • 3D Printed Metamaterial Switches States and Blocks Mechanical Vibrations and Sound Waves
  • Engineers Create Shape-Changing Metamaterial Capable of Reverting to Original Configuration
  • TU Delft Researchers Develop ‘Action-at-a-Distance’ Metamaterials for Soft Robotics
  • IIT-K Develops Metamaterial to Prevent Soldiers from Being Detected by Radars
  • Researchers Explore Use of Superconducting Metamaterials to Overcome Challenges of Quantum Computing
  • Researchers Develop Metamaterial to Passively Cool Structures
  • Researchers Develop Metamaterial Optical Solar Reflectors (meta-OSRs) to Remove Heat from Satellites and Spacecraft
  • Nanoscale Fingerprinting Made Possible with Hyperbolic Metamaterials
  • Scientists Create Chip-Size Synchrotron Using Metamaterials
  • Researchers Develop Metamaterial to Effectively Harness Light Power
  • PRODUCT OVERVIEW
  • Metamaterial: An Introduction
  • Applications of Metamaterials
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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