Metamaterial Market

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MarketsandMarkets Research Private Ltd.
Presents
Metamaterial Market worth 4,634.8 Million USD by
2025
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ials-market-139795737.html
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According to the new market research report on
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", this market is expected to be
valued at USD 4,634.8 Million by 2025, at a CAGR
of 63.1 between 2017 and 2025. The major factors
driving the growth of the metamaterial market
include variety in design functionalities,
anti-glare coating applications, and invisibility
cloak for stealth aircraft. Browse gtgt
79 Market data tables
62 figures 162 pages and
in-depth TOC on Metamaterial Market
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Communication antenna expected to have the
largest market size by 2025 Communication
antenna accounted for the largest share of the
metamaterial market based on application segment
in 2016. The growth of this market can be
attributed to the usage of antenna for major
communication applications such as satellite
communication, Wi-Fi routers and radar
communication. The metamaterial market for
frequency selective surface to grow at the
highest rate during the forecast period The
metamaterial market for frequency selective
surface based on material segment is likely to
grow at the highest rate during the forecast
period. This is mainly because of the major
interest from the defense vertical for this
material type, which can be used to create radar
covers called radomes. The metamaterial market
for the automotive vertical to grow at the
highest rate during the forecast period The
metamaterial market for 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.
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ials-market-139795737.html
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Americas likely to hold the largest share of the
metamaterial market during the forecast
period Americas is expected to hold the largest
share of the metamaterial market during the
forecast period. The high growth can be
attributed to the increasing demand from the
aerospace and defense vertical. Government
agencies, such as DOD (Department of Defense),
DARPA (Defense Advanced Research Projects
Agency), and NASA (National Aeronautics and Space
Administration), are funding research
universities and industry players for the
development of metamaterial-based antennas. The
report also profiles the most promising players
in this market. The competitive landscape of the
market presents an interesting picture where a
large number of players have become a force to
reckon with. The key players in this market are
Kymeta Corporation (US), Metamaterial
Technologies, Inc. (Canada), Phoebus
Optoelectronics LLC (US), Multiwave Technologies
AG (Switzerland), MediWise Ltd. (UK), and
MetaShield LLC. (US).
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etamaterials.asp
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