Increase in Usage of Antennas for Communication
Recently there has been an increased interest in microwave applications across the telecommunication sector. Metamaterials can be engineered to produce exotic electromagnetic signals. These materials exhibits various refractive properties, such as negative refractive index (NRI) and left-handed material (LHM). For this reason, such materials are indispensable in the manufacture of microwave components, and in the design and manufacture of high-functioning antennas. A negatively permeable metamaterial shell is utilized to enclose loop antennas in magnetic induction (MI) communication systems. It has been theoretically proved that a communication range of around 20m can be achieved with acceptable data rates, by using metamaterial-enhanced MI communication systems and pocket sized loop antenna. Thus, the usage of these materials in remote environments can have significant impact on connectivity. The usage of metamaterial antennas have been increasing over the past few years.
A company named Kymeta Corporation stated that its sales of Ku-band metamaterial antenna increased in 2018, as compared to previous years. The demand for such antennas is due to their use in vessels, radar, and special smart phones. The Army Research Laboratory in Adelphi, United States, has funded the development of 250-505 MHZ antenna, with a λ/20 thickness using metamaterials. Along with this, a conventional tightly coupled dipole antenna (TCDA) has been developed to provide a 20-1 bandwidth, with a λ/40 thickness. These materials were implemented in a functioning military aircraft carrier to increase connectivity with the pilots of the aircrafts that are launched from that particular vessels. The aforementioned factors are expected to increase the demand for metamaterials during the forecast period.
Aerospace & Defense Dominates the Market
The global aerospace and defense industry is estimated to dominate the metamaterial market during the forecast period 2018-2023. Reliable aerospace, defense, and military communications depend on advanced antenna technologies. The success of network centric operations on the digital battlefield requires reliable, efficient, and real-time communications to present accurate information to the right person at the appropriate time. The antenna is an integral, if not often overlooked, component of military, aerospace, and defense systems. Additionally, military antennas are being used in radars to provide missile guidance for accurate target tracking. The rise in border infiltration, terrorism activities, inter country conflicts, and attack prone borders are expected to drive the demand for military antennas. High defense budgets of various countries and increasing demand for economic and security issues have increased the need for RADAR systems. Additionally, technological advancements and increasing demand for ranging and detection of objects are fuelling the demand for RADAR systems. As the defense spending and production of aircrafts and satellites continue to grow at a steady rate, the demand for antennas is also set to witness a healthy growth rate.
Asia-Pacific to Witness the Fastest Growth
Asia-Pacific region is expected to witness the fastest growth during the forecast period. This is due to the rapid growth of consumer electronics, aerospace & defense, and medical sectors in the countries such as China, India, and Japan. China remained the largest market for antennas in Asia-Pacific followed by India, Japan, and South Korea. In terms of satellite communication, China has recently launched a satellite to establish quantum communications. The organization believes that the launch of more satellites are required in the future, in order to enable secure communications, throughout the world. This is likely to lead to new developments and manufacturing process, which, in turn, is expected to drive antenna market.
In China, the current healthcare spending is only about three percent of the global healthcare spending, to address the healthcare needs of 22% of the world’s total population. Aiming to reduce this gap, the Country is investing heavily in its domestic healthcare sector. In 2017, the Chinese government increased its per capita subsidy for basic medical insurance (BMI) from RMB 420 to RMB 450. This increase is expected to result in growth of healthcare expenditure and in turn increase the production of healthcare products as a whole. The aforementioned factors provide rapid growth for the metamaterial market in the country, in turn, expected increase in the region during the forecast period.
Key Developments in the Market
- September 2017- Kymeta shipped first 400 flat-panel antennas developed by Redmond.
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- Identify the latest developments, market shares and strategies employed by the major market players.
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1.1 Scope of the Report
1.2 Study Assumptions
1.3 Study Deliverables
1.4 Research Phases
2. Executive Summary
3. Market Insights
3.1 Industry Value-Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Patent Analysis
4. Market Dynamics
4.1.1 Growing Demand from the Aerospace and Defense Industry
4.1.2 Increasing Usage of Antennas for Communication
4.1.3 Growing Demand for Wireless Mobile Communication
4.2.1 Cost of Synthesization of Metamaterials
4.3.1 Increasing Opportunities in Research and Healthcare
5. Market Segmentation and Analysis (Market Size, Share and Forecast)
5.1 By Type
5.1.6 Other Types (Chiral, Nonlinear, etc.)
5.2 By Application
5.2.1 Antenna and Radar
5.2.3 Cloaking Devices
5.2.5 Light and Sound Filtering
5.2.6 Other Applications (Solar, Absorbers, etc.)
5.3 By End-user Industry
5.3.3 Aerospace and Defense
5.3.5 Other End-user Industries (Including Optics)
6. Regional Market Analysis (Market Size, Share and Forecast)
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.4 Rest of North America
6.3.2 United Kingdom
6.3.6 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
9.1 Echodyne Corp.
9.2 Evolv Technologies Inc.
9.3 Fractal Antenna Systems Inc.
9.4 JEM Engineering LLC
9.5 Kymeta Corporation
9.6 Metamaterials Technologies Inc.
9.7 MetaShield LLC
9.8 Multiwave Technologies AG
9.9 Nanohmics Inc.
9.10 NKT Photonics A/S
9.11 Plasmonics Inc.
9.12 TeraView Ltd
9.13 SpeCom Oy
9.14 Protemics GmbH
9.16 Other Companies
9.16.1 Phoebus Optoelectronics LLC
9.16.2 Antrum Ltd
9.16.3 Metawave Corporation
9.16.4 The AEgis Technologies Group
9.16.5 Triton Systems Inc.
9.16.6 EM Infinity
9.16.7 Metamagnetics Inc.
9.16.8 NanoSonic Inc.
9.16.9 Acoustic Metamaterials Group
9.16.10 Nanoscribe GmbH
9.16.11 Sonobex Limited
*List not exhaustive
**Subject to availability on public domain
- Echodyne Corp.
- Evolv Technologies Inc.
- Fractal Antenna Systems Inc.
- JEM Engineering LLC
- Kymeta Corporation
- Metamaterials Technologies Inc.
- MetaShield LLC
- Multiwave Technologies AG
- Nanohmics Inc.
- NKT Photonics A/S
- Plasmonics Inc.
- TeraView Ltd
- SpeCom Oy
- Protemics GmbH
- Other Companies
- Phoebus Optoelectronics LLC
- Antrum Ltd
- Metawave Corporation
- The AEgis Technologies Group
- Triton Systems Inc.
- EM Infinity
- Metamagnetics Inc.
- NanoSonic Inc.
- Acoustic Metamaterials Group
- Nanoscribe GmbH
- Sonobex Limited