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Global Metamaterial Market: By Product: Electomagnetic, Terahertz, Photonic, Tunable, Frequency Selective Surface, Non-Linear; By Application: Antenna, Absorber, Superlens, Others; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Metamaterial Market Outlook

The global metamaterial market stood at a value of around USD 238.3 million in 2020. Aided by the growing advancement in 5G technology, the metamaterial industry is further expected to grow at a CAGR of 28% in the forecast period of 2021-2026 to attain a value of around USD 1728 million.

 

Antenna Segment  to Account for a Substantial Market Share of the Global Metamaterial Industry

Based on application, the antenna segment is predicted to occupy a substantial market share in the metamaterial industry. The growth is linked to the advancements in 5G technology all around the world, along with the advancement of communication satellites and Wi-Fi technology.

 

Global Metamaterial Market

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The growing trend of miniaturisation of telecommunication equipment, coupled with the growing utilisation of metamaterials owing to the growing interest in multiband antennas, is aiding the market. Furthermore, with increased digitalisation in second and third world countries, the number of cell phone users is expected to grow, thus, leading to more investment in the sector.

 

The Asia Pacific to Provide Significant Growth Opportunities to the Metamaterial Industry

Geographically, North America accounts for a significant share in the industry owing to the large investment in the defence sector. Meanwhile, the Asia Pacific is expected to be the fastest growing market in the metamaterial industry due to a rise in the defence budget of Asian countries, specifically India and China. The emergence of 5G technology has also favoured the market growth in the Asia Pacific region. In addition, the Asia Pacific region has more cell phone users than both North America and Europe, and with the rollout of 5G, the investment made in this region will increase exponentially, leading to new growth prospects during the forecast period.

 

Metamaterial: Industry Definition and Segmentation

Metamaterials are artificial materials designed to possess characteristics not found in naturally occurring materials. These characteristics are unique and rare because they are not derived from its components but obtained from the structure of constituent materials that are infused into them. Intelligent characteristics deriving from its exact shape, orientation,  and geometry helps it manipulate electromagnetic waves. Thus, they serve efficient application in photovoltaic cells, sensors,  and communication systems.

By product, the market is divided into:

  • Electromagnetic
  • Terahertz
  • Photonic
  • Tunable
  • Frequency Selective Surface
  • Non-Linear

Based on application, the industry can be segmented into:

  • Antenna
  • Absorber
  • Superlens
  • Cloaking Device
  • Others

On the basis of end use, the industry can be categorised into:

  • Aerospace and Defence  
  • Medical  
  • Automotive
  • Consumer Electronics
  • Energy and  Power

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Increasing Investments in the Aerospace and Defence Sector to Bolster the Global Metamaterial Industry

The metamaterial industry growth is being driven by the thriving aerospace and defence industry. It is estimated that the aerospace and defence sector will account for a significant share of the metamaterial industry in the forecast period. The metamaterial devices such as antenna are utilised in the aerospace and defence sector for soldiers to track enemy drones and vehicles and ensure secure communication tuning into different frequency. Along with this, the increasing defence budget of countries like the US, China, Russia, and India is expected to ensure a positive impact on the growth of the industry. However, the process of synthesisation is a very long and tedious process, and the cost is high because of the number of fabrication methods that vary according to the application and design.

 

Key Industry Players in the Global Metamaterial Market

The report gives a detailed analysis of the following key players in the global metamaterial market , covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Metamaterial Technologies Inc. 
  • Metaboards 
  • Nahsai, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, End Use, Region
Breakup by Product Electomagnetic, Terahertz, Photonic, Tunable, Frequency Selective Surface, Non-Linear
Breakup by Application Antenna, Absorber, Superlens, Cloaking Device, Others
Breakup by End Use Aerospace and Defence, Medical, Automotive, Consumer Electronics, Energy and Power
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Metamaterial Technologies Inc., Metaboards, Nahsai, Inc.,, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Metamaterial Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Metamaterial Historical Market (2016-2020) 
    8.3    Global Metamaterial Market Forecast (2021-2026)
    8.4    Global Metamaterial Market by Product
        8.4.1    Electomagnetic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Terahertz
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Photonic
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Tunable
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Frequency Selective Surface 
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Non-Linear
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2016-2020)
            8.4.6.3    Forecast Trend (2021-2026)
    8.1    Global Metamaterial Market by Application
        8.1.1    Antenna
            8.1.1.1    Market Share
            8.1.1.2    Historical Trend (2016-2020)
            8.1.1.3    Forecast Trend (2021-2026)
        8.1.2    Absorber
            8.1.2.1    Market Share
            8.1.2.2    Historical Trend (2016-2020)
            8.1.2.3    Forecast Trend (2021-2026)
        8.1.3    Superlens
            8.1.3.1    Market Share
            8.1.3.2    Historical Trend (2016-2020)
            8.1.3.3    Forecast Trend (2021-2026)
        8.1.4    Cloaking Device
            8.1.4.1    Market Share
            8.1.4.2    Historical Trend (2016-2020)
            8.1.4.3    Forecast Trend (2021-2026)
        8.1.5    Others
    8.2    Global Metamaterial Market by End Use 
        8.2.1    Aerospace and Defence
            8.2.1.1    Market Share
            8.2.1.2    Historical Trend (2016-2020)
            8.2.1.3    Forecast Trend (2021-2026)
        8.2.2    Medical 
            8.2.2.1    Market Share
            8.2.2.2    Historical Trend (2016-2020)
            8.2.2.3    Forecast Trend (2021-2026)
        8.2.3    Automotive
            8.2.3.1    Market Share
            8.2.3.2    Historical Trend (2016-2020)
            8.2.3.3    Forecast Trend (2021-2026)
        8.2.4    Consumer Electronics
            8.2.4.1    Market Share
            8.2.4.2    Historical Trend (2016-2020)
            8.2.4.3    Forecast Trend (2021-2026)
        8.2.5    Energy and Power
            8.2.5.1    Market Share
            8.2.5.2    Historical Trend (2016-2020)
            8.2.5.3    Forecast Trend (2021-2026)
    8.3    Global Metamaterial Market by Region
        8.3.1    Market Share
            8.3.1.1    North America
            8.3.1.2    Europe
            8.3.1.3    Asia Pacific
            8.3.1.4    Latin America
            8.3.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Metamaterial Technologies Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Metaboards
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Nahsai, Inc.,
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Metamaterial Market: Key Industry Highlights, 2016 and 2026
2.    Global Metamaterial Historical Market: Breakup by Product (USD Million), 2016-2020
3.    Global Metamaterial Market Forecast: Breakup by Product (USD Million), 2016-2020
4.    Global Metamaterial Historical Market: Breakup by Application (USD Million), 2016-2020
5.    Global Metamaterial Market Forecast: Breakup by Application (USD Million), 2021-2026
6.    Global Metamaterial Historical Market: Breakup by End-Use (USD Million), 2016-2020
7.    Global Metamaterial Market Forecast: Breakup by End-Use (USD Million), 2021-2026 
8.    Global Metamaterial Historical Market: Breakup by Region (USD Million), 2016-2020
9.    Global Metamaterial Market Forecast: Breakup by Region (USD Million), 2021-2026
10.    North America Metamaterial Historical Market: Breakup by Country (USD Million), 2016-2020
11.    North America Metamaterial Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Europe Metamaterial Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Europe Metamaterial Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Asia Pacific Metamaterial Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Asia Pacific Metamaterial Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Latin America Metamaterial Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Latin America Metamaterial Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Middle East and Africa Metamaterial Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Middle East and Africa Metamaterial Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Global Metamaterial Market Structure

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