DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Metamaterial Market by Material Type (Electromagnetic, Terahertz, Photonic, Tunable, and FSS ), Application (Communication Antenna, Windscreen, Solar Panel, Sensing, Display, and Medical Imaging), Vertical and Geography - Global Forecast to 2025" report to their offering.
The overall metamaterial market is expected to reach USD 4,634.8 million by 2025, growing at a CAGR of 63.1% between 2017 and 2025.
The major factors driving the growth of this market include increasing concern for variety in design functionalities, anti-glare coating applications, and invisibility cloak for stealth aircraft.
This report segments the metamaterial market on the basis of material type, application, vertical, and geography. The metamaterial market for communication antenna is expected to witness a significant growth during the forecast period. The significant growth of this segment can be attributed to the usage of antenna for major communication applications such as satellite communication, Wi-Fi routers and radar communication.
The electromagnetic metamaterial accounted for the largest share of the metamaterial market in 2016. This growth can be attributed to the developing radar and satellite antenna technology based on these materials. Government agencies, such as DARPA (Defense Advanced Research Projects Agency), DOD (Department of Defense), NASA (National Aeronautics and Space Administration), and DOE (Department of Energy), are providing major funding to the industry players and research laboratories for the development of applications based on these materials.
The metamaterial market for the automotive vertical is expected to grow at the highest rate between 2017 and 2025. This high market growth rate can be attributed to the growing usage of communication antenna applications in the connected cars concept.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Metamaterial Market, By Material Type
7 Metamaterial Market, By Application
8 Metamaterial Market, By Vertical
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
- Aegis Technologies
- Applied EM
- Echodyne Inc.
- JEM Engineering, LLC.
- Kymeta Corporation
- Metamagnetics, Inc.
- Metamaterial Technologies, Inc.
- Metashield LLC.
- Multiwave Technologies AG
- Nanohmics, Inc.
- Nanosonic, Inc.
- Phoebus Optoelectronics, LLC
- Plasmonics, Inc.
For more information about this report visit http://www.researchandmarkets.com/research/nv5shq/metamaterial