Metamaterial Market Size- By Technology, By Application, By Vertical- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Description

Global Metamaterial Market Overview

According to SPER Market Research, the Global Metamaterial Market is estimated to reach USD 7.0 billion by 2032 with a CAGR of 32.97%.

The global metamaterial market is a rapidly growing industry that is expected to see significant growth in the coming years. Metamaterials are artificially created materials that have unique properties not found in natural materials. They are created by arranging synthetic materials into patterns or structures that manipulate electromagnetic radiation or sound waves in a specific way. The market for metamaterials is driven by increasing demand for wireless communication technologies, military and defense applications, medical imaging, and sensing applications. The growing need for better and more efficient communication systems, advanced sensors and imaging technologies, and the development of new technologies in the defense sector are some of the key drivers of the metamaterial market.

Overall, the global metamaterial market is expected to grow at a significant rate in the coming years, driven by increasing demand for advanced communication technologies, defense applications, and sensing technologies. The development of new and innovative metamaterials with unique properties is expected to further drive the growth of the market.

Impact of COVID-19 on the Global Metamaterial Market

The metamaterials industry has been significantly impacted by COVID-19's global expansion. Due to problems in the worldwide supply chain, which remained closed or operated at a reduced capacity during the lockdown, global automobile sales declined dramatically during the coronavirus outbreak. Because metamaterial is essential for improving the performance of automotive optical equipment like sensor systems, this has reduced the need for it. However, over the projection period, it is anticipated that the reopening of supply chains, followed by a growth in the deployment of smartphones and other devices, would improve the popularity of optical metamaterial design. Additionally, it is expensive to synthesise metamaterials and extract their characteristics from their base materials. Additionally, because different degrees of fabrication techniques are used, the cost of synthesising varies according on the application.

Scope of the Report

Report Metric Details:

Market size available for years 2019-2032

Base year considered 2021

Forecast period 2022-2032

Segments covered By Technology, By Application, By Vertical

Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America

Companies Covered Acoustic Metamaterials Group Ltd, Advaned Research project Agency, Echodyne Inc, Fractal Antenna System Inc, JEM Engineering, Kymeta Corporation, Metaboards Limited, Metamagnetics Inc, Metamaterial Technologies Inc, Nano-Meta Technologies, Palo Alto Research Centre Incorporated, Teraview

Global Metamaterial Market Segmentation:

By Technology: Based on the Technology, Global Metamaterial Market is segmented as; Electromagnetic, Terahertz, Photonic, Tunable, Frequency Selective Surface, Others

By Application: Based on the Application, Global Metamaterial Market is segmented as; Communication Antenna and Radar, Sensors, Solar Panel and Absorbers, Display, Medical Imaging, Windscreen, Others

By Vertical: Based on the Vertical, Global Metamaterial Market is segmented as; Automotive, Aerospace and Defence, Consumer Electronics, Medical, Energy and Power, Others

By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America. North America is the largest market for metamaterials due to the presence of major manufacturers and end-users in the region.

Product Code: CHEM2330

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER's internal database
- 2.1.4 Premium insight from KOL's
2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Metamaterial Market

5. Market variables and outlook

5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
5.3. PORTER'S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Competitive Landscape

6.1 Global Metamaterial Market Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Metamaterial Market

7. Global Metamaterial Market, By Technology, 2019-2032 (USD Million)

7.1 Electromagnetic
7.2 Frequency Selective Surface
7.3 Photonic(Optical)
7.4 Terahertz
7.5 Tunable
7.6 Others

8. Global Metamaterial Market, By Application, 2019-2032 (USD Million)

8.1 Communication Antenna and Radar
8.2 Display
8.3 Medical Imaging
8.4 Sensors
8.5 Solar panel and Absorbers
8.6 Windscreen
8.7 Others

9. Global Metamaterial Market, By Vertical, 2019-2032 (USD Million)

9.1 Aerospace and Defence
9.2 Automotive
9.3 Consumer Electronics
9.4 Energy and Power
9.5 Medical
9.6 Others

10. Global Metamaterial Market, By Region, 2019-2032 (USD Million)

10.1 Global Metamaterial Market Size and Market Share by Region (2019-2025)
10.2 Global Metamaterial Market Size and Market Share by Region (2026-2032)
10.3 Asia-Pacific
- 10.3.1 Australia
- 10.3.2 China
- 10.3.3 India
- 10.3.4 Japan
- 10.3.5 South Korea
- 10.3.6 Rest of Asia-Pacific
10.4 Europe
- 10.4.1 France
- 10.4.2 Germany
- 10.4.3 Italy
- 10.4.4 Spain
- 10.4.5 United Kingdom
- 10.4.6 Rest of Europe
10.5 Middle East and Africa
- 10.5.1 Kingdom of Saudi Arabia
- 10.5.2 United Arab Emirates
- 10.5.3 Rest of Middle East & Africa
10.6 North America
- 10.6.1 Canada
- 10.6.2 Mexico
- 10.6.3 United States
10.7 Latin America
- 10.7.1 Argentina
- 10.7.2 Brazil
- 10.7.3 Rest of Latin America

11. Company Profiles

11.1 Acoustic Metamaterial Group Ltd
- 11.1.1 Company details
- 11.1.2 Financial outlook
- 11.1.3 Product summary
- 11.1.4 Recent developments
11.2 Advanced Research Project Agency
- 11.2.1 Company details
- 11.2.2 Financial outlook
- 11.2.3 Product summary
- 11.2.4 Recent developments
11.3 Echodyne
- 11.3.1 Company details
- 11.3.2 Financial outlook
- 11.3.3 Product summary
- 11.3.4 Recent developments
11.4 Fractal Antenna Systems Inc.
- 11.4.1 Company details
- 11.4.2 Financial outlook
- 11.4.3 Product summary
- 11.4.4 Recent developments
11.5 JEM Engineering
- 11.5.1 Company details
- 11.5.2 Financial outlook
- 11.5.3 Product summary
- 11.5.4 Recent developments
11.6 Kymeta Corporation
- 11.6.1 Company details
- 11.6.2 Financial outlook
- 11.6.3 Product summary
- 11.6.4 Recent developments
11.7 Metaboards Limited
- 11.7.1 Company details
- 11.7.2 Financial outlook
- 11.7.3 Product summary
- 11.7.4 Recent developments
11.8 Metamagnetics Inc.
- 11.8.1 Company details
- 11.8.2 Financial outlook
- 11.8.3 Product summary
- 11.8.4 Recent developments
11.9 Metamaterial Technologies Inc.
- 11.9.1 Company details
- 11.9.2 Financial outlook
- 11.9.3 Product summary
- 11.9.4 Recent developments
11.10 Nano-Meta Technologies Inc.
- 11.10.1 Company details
- 11.10.2 Financial outlook
- 11.10.3 Product summary
- 11.10.4 Recent developments
11.11 Palo Alto Research Centre Incorporated
- 11.11.1 Company details
- 11.11.2 Financial outlook
- 11.11.3 Product summary
- 11.11.4 Recent developments
11.12 TeraView
- 11.12.1 Company details
- 11.12.2 Financial outlook
- 11.12.3 Product summary
- 11.12.4 Recent developments