Metamaterials are artificially
modified materials which possess the properties that are not found in
nature. They are assembled together from various conventional materials
such as metals and plastics and fashioned in a manner which helps them
to exhibit superior characteristics over conventional materials. The
demand for metamaterials is growing due to their precise shape, light
and sound related properties, which are required in various end-user
application areas such as aerospace, infrastructure monitoring and
sensor detection, and public safety, among other applications. The high
performance delivered by metamaterials unlike conventional metals and
plastics in various end user applications is one of the major factors
driving the market growth.
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Metamaterials are primarily used in
radio frequency (RF) air solutions for wireless communication. Magnetic
metamaterials for applications such as magnetic resonance imaging (MRI)
and metamaterials used in barricading sound hold immense opportunities
for the market players involved in manufacturing metamaterials. These
potential applications are expected to bring about participation from
more companies owing to the attractiveness of the market.
Electromagnetic metamaterials are the
biggest ones consumed globally. Along with a considerable amount of
market share, electromagnetic metamaterials are also the fastest growing
type of metamaterials. Acoustic is also a small segment which holds
immense opportunities in the near future.
Some of the major companies operating
in the global market for metamaterials include Alight Technologies APS,
Colossal Storage Corp, Fianium Ltd, Inframat Corp, Luminus Devices Inc,
Nanosteel Company Inc, and Opalux Inc.
This research report analyzes this
market depending on its market segments, major geographies, and current
market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing
market players and new entrants along with detailed value chain
analysis.
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