Metamaterials Market, By Type (Electromagnetic, Terahertz, Tunable, Photonic, Non-linear, Frequency Selective Surface, and Metamaterial Absorber), By Application and Geography (North America, Europe, Asia Pacific and Rest of the World) Analysis, Share, Trends, Size, & Forecast From 2014 2025
REPORT HIGHLIGHT
The metamaterials market was valued at USD 396.1 million by 2017, growing with 22.3% CAGR during the forecast period, 2018-2025.
Metamaterial is a metal–dielectric artificial composite media that gains electrical properties from its structure rather than from the composed material. Made up from sub-wavelength building blocks, metamaterials exhibit strong control over optical fields, enabling effects such as negative refraction. An antenna is used to create strong electromagnetic field that develop an alternative electric current to radiate energy. There are various advancements have been made in the antenna designs to radiate up to 95% of the radio signals. These antennas are widely used in GPS, space communications, space vehicle communications, and wireless communication system. Use of metamaterial in various applications is promising for a couple of reasons; first, it enables the extreme miniaturization of optical devices. Later, it can be customized to support novel properties which are currently not accessible with existing optical hardware systems.
Metamaterials have generated a significant interest among the end-users over the past few years as it offers great promise for new technologies and existing devices. Owing to its unique properties, this material offers great possibilities for the devices to be made faster, smaller and more efficient which cannot be achieved by natural materials. The market growth is primarily driven by the technological advancements coupled with the development of telecommunication industry where these products are used in antennas to enhance its performance. In addition, growing awareness regarding the potential benefits of metamaterial products in different applications support the industry growth. However, this industry demands specialized knowledge in the field of metamaterials, in terms of understanding product properties and capabilities of manipulating waves. Limited availability of skilled professionals in this field would in turn pull back the market development to some extent.
Types Takeaway
Depending upon types, this product is divided into electromagnetic, terahertz, tunable, photonic, non-linear, frequency selective surface (FSS) based metamaterials and metamaterial absorber. Electromagnetic types accounted for the highest revenue share. Metamaterials can manipulate electromagnetic radiations, including light, in ways not readily observed in natural properties. This type is a man-made material with strong electromagnetic properties compared to naturally occurring composites or materials.
Application Takeaway
Aerospace and defence is anticipated to have high market penetration owing to the rising awareness regarding the benefits of using metamaterials in military applications. Companies are engaged in developing variety of products that cater to different needs of the sectors. Increasing research being conducted in the field of metamaterials which will led to the discovery of new product applications, such as magnetic application (acoustical metamaterials for noise barriers) and ultrasensitive application (magnetic resonance imaging detectors) that will support the industry growth in future.
Regional Takeaway
Regionally, Asia Pacific and North America accounted for the highest share. Growth is majorly driven by the rising product demand from industrial and commercial sectors. Key players such as JEM Engineering, Metamaterial technologies Inc., Harris and Kymeta Corporation have strong presence in these regions and are investing heavily in research activities to increase their service offerings.
Key Vendors Takeaway
Key manufacturers such as JEM Engineering, Kymeta Corporation, Evolv Technologies Inc., Multiwave Technologies AG, Plasmonics Inc., Nanoscribe GmbH, Metamaterial Technologies, TeraView Limited, NKT Photonics, Fractal Antenna Systems Incorporated, and Echodyne Corporation are actively present in this market. The industry is fragmented with the presence of many small players that inhibits market concentration.
Key players lay high emphasis on increasing their area of operation through strategic merger and acquisitions and new product developments. For example, in February 2017, Metamaterial Technologies partnered with Airbus SE to develop and commercialize metaAIR. This technology is a flexible metamaterial optical filter, designed to protect vision against harmful laser beams. Also, Kymeta Corporation, Harris Corporation and Echodyne have merged and acquired various small scale companies to expand their scope of operations globally. Most of the key players is concentrated in the U.S and in Asia Pacific. However, it is noted that companies are expanding their services in Middle East and Africa region to tap the new opportunities in emerging nations.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY TYPE
- Electromagnetic
- Terahertz
- Tunable
- Photonic
- Non-linear
- Frequency selective surface (FSS)
- Metamaterial absorber
MARKET, BY APPLICATION
- Superlens
- Antenna
- Absorber
- Cloaking Device
- Others
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. METAMATERIALS MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Type
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. METAMATERIALS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. METAMATERIALS INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. METAMATERIALS MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. METAMATERIALS MARKET – BY TYPE
6.1. Overview
6.1.1. Segment Share Analysis, By Type, 2017 & 2025 (%)
6.2. Electromagnetic
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Terahertz
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Tunable
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Photonic
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.6. Non-linear
6.6.1. Overview
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.7. Frequency selective surface (FSS)
6.7.1. Overview
6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.8. Metamaterial absorber
6.8.1. Overview
6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. METAMATERIALS MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2017 & 2025 (%)
7.2. Superlens
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Antenna
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Absorber
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Cloaking Device
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6. Others
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. METAMATERIALS MARKET– BY GEOGRAPHY
8.1. Introduction
8.1.1. Segment Share Analysis, By Region, 2017 & 2025 (%)
8.2. North America
8.2.1. Overview
8.2.2. Key Manufacturers in North America
8.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.2.4. North America Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
8.2.5. North America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.2.6. U.S.
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.7. Canada
8.2.7.1. Overview
8.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Key Manufacturers in Europe
8.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.3.4. Europe Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
8.3.5. Europe Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.3.6. France
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.7. Germany
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.8. Rest of Europe
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Key Manufacturers in Asia Pacific
8.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.4.4. Asia Pacific Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
8.4.5. Asia Pacific Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.4.6. China
8.4.6.1. Overview
8.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.7. India
8.4.7.1. Overview
8.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.8. Rest of APAC
8.4.8.1. Overview
8.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Rest of the World
8.5.1. Overview
8.5.2. Key Manufacturers in Rest of the World
8.5.3. Rest of the World Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.5.4. Rest of the World Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
8.5.5. Rest of the World Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.5.6. Latin America
8.5.6.1. Overview
8.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.7. Middle East and Africa
8.5.7.1. Overview
8.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. JEM Engineering
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Kymeta Corporation
9.3. Evolv Technologies Inc.
9.4. Multiwave Technologies AG
9.5. Plasmonics Inc.
9.6. Nanoscribe GmbH
9.7. Metamaterial Technologies
9.8. TeraView Limited
9.9. NKT Photonics
9.10. Fractal Antenna Systems Incorporated
9.11. Echodyne Corporation
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. References
11.3. Abbreviations
11.4. Disclaimer
11.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Metamaterials market: Type snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Type
TABLE Global Metamaterials market, by Type 2014-2025 (USD Million)
TABLE Metamaterials market: Application snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Metamaterials market, by Application 2014-2025 (USD Million)
TABLE Metamaterials market: regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by region
TABLE Global Metamaterials market, by region 2014-2025 (USD Million)
TABLE North America Metamaterials market, by country, 2014-2025 (USD Million)
TABLE North America Metamaterials market, by Type, 2014-2025 (USD Million)
TABLE North America Metamaterials market, by Application, 2014-2025 (USD Million)
TABLE Europe Metamaterials market, by country, 2014-2025 (USD Million)
TABLE Europe Metamaterials market, by Type, 2014-2025 (USD Million)
TABLE Europe Metamaterials market, by Application, 2014-2025 (USD Million)
TABLE Asia Pacific Metamaterials market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Metamaterials market, by Type, 2014-2025 (USD Million)
TABLE Rest of the World Metamaterials market, by country, 2014-2025 (USD Million)
TABLE Rest of the World Metamaterials market, by Type, 2014-2025 (USD Million)
TABLE Rest of the World Metamaterials market, by Application, 2014-2025 (USD Million)
List of Figures
FIGURE Metamaterials market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Type segment market share analysis, 2017 & 2025
FIGURE Type segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Electromagnetic market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Terahertz market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Tunable market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Photonic market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Non-linear market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Frequency selective surface (FSS) market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Metamaterial absorber market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Application segment market share analysis, 2017 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Superlens market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Antenna market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Absorber market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Cloaking Device market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2017 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Metamaterials market share and leading players, 2018
FIGURE Europe Metamaterials market share and leading players, 2018
FIGURE Asia Pacific Metamaterials market share and leading players, 2018
FIGURE Latin America Metamaterials market share and leading players, 2018
FIGURE Middle East and Africa Metamaterials market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE U.K. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of Asia Pacific market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the World market share analysis by country, 2018
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)
