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Metamaterial Medium Market is expected to reach $1,387 million by 2022


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Metamaterial Medium Market By End User(Automotive, Telecommunication), By Application(Antenna, Beam Steering Sustem),

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Metamaterial Medium Market is expected to reach $1,387 million by 2022

  1. 1. Metamaterial Medium Market Opportunities and Forecasts, 2014 - 2022 Published Date: Nov 2016No Of Pages: 95
  2. 2. Introduction to Metamaterial Medium Market • Metamaterial Medium Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $1,387 million by 2022, registering a CAGR of 39.7% during the period 2016-2022. North America held more than half share in the global metamaterial medium market in 2015. • Antenna was the leading market segment in 2015, whereas frequency selective surfaces is projected to be fastest growing segment during analysis period. • Metamaterial medium is defined as a macroscopic composite having a man-made, three dimensional, and periodic cellular architecture designed to produce an optimized combination, not available in nature, of two or more responses to a specific excitation. • It possesses exceptional physical properties such as negative permeability and permittivity, and is often regarded as artificial medium with negative refractive index. • The most efficient metamaterial medium possesses zero permeability and permittivity, and thus are best used to manufacture antennas to achieve high directivity.
  3. 3. Introduction to Metamaterial Medium Market • A metamaterial medium provides super-resolution in the far-field across image magnification, negative refraction of wavelengths, and enhanced spontaneous emission. • Negative index metamaterial medium is an effective medium since it is made up of ordered macroscopic material, generally synthesized from the bottom up and yields emergent properties beyond its components as a single entity. • The market for metamaterial medium has considerably increased in the recent past due to rise in demand for efficient sensing and transmitting systems across various end-use industries. • There is an increase in demand for metamaterial medium, especially in optics industry as an alternative of its conventional counterparts. • Moreover, increase in capital investments from public and private sectors along with rise in demand for materials with unique physical properties drives the overall market. • However, insufficient research in spite of huge investments in R&D of metamaterial medium and high initial costs required to manufacture the metamaterial medium restrain the growth of the market.
  4. 4. Metamaterial Medium Market Key Segments Metamaterial Medium Market End User Automotive Telecommunication Applications Antenna Beam Steering System
  5. 5. Metamaterial Medium Market Top Winning Strategies
  6. 6. Metamaterial Medium Market Dynamics  Drivers • Capital investment from public and private sources • Highly skilled researchers for product commercialization • Unique engineered properties not found in nature  Restraints • Inefficient research despite huge investment
  7. 7. Key Benefits of Metamaterial Medium Market • The report provides an in-depth analysis of the metamaterial medium market across major regions as well as the total revenue generated during the forecast period. • Quantitative analysis of the current trends and future estimations from 2016 to 2022 is presented, which assists the manufacturers to analyze the market. • The report also offers quantitative as well as qualitative market trends to facilitate the stakeholders in understanding the situations prevailing in the market. • The projections are made by analyzing the current market trends and highlighting the market potential, in terms of value. • Extensive analysis is conducted by closely following key product positioning and monitoring the top contenders within the market framework.
  8. 8. Metamaterial Medium Market By Geography North America Europe Asia-Pacific LAMEA
  9. 9. Key Players Operating in Metamaterial Medium Market • Kymeta Corporation • Metamaterial medium Technologies Inc. • Metamagnetics Inc. • Jem Engineering LLC • Fractal Antenna Systems Inc. • Applied EM Inc. • Nanosonic Inc. • Alps Electric Co. Ltd. • Teraview Ltd. • Plasmonics Inc.
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