DUBLIN--(BUSINESS WIRE)--The "Global Metamaterial Market Research Report: Forecast (2021-2026)" report has been added to ResearchAndMarkets.com's offering.
The global metamaterial market is forecast to grow at a CAGR of around 36% during 2021-2026. The market growth is attributed to mounting R&D activities for various applications in different end-user industries such as aerospace & defense, consumer electronics, and telecommunication.
Furthermore, the surge in the development of tunable and re-configurable artificial electromagnetic material aids the growth of the global metamaterial market. High metamaterial antennas usage in radars & smartphones could grow the metamaterial market globally.
Impact of COVID-19
The Covid-19 outbreak crisis and lockdown imposition by the government resulted in the closure of the majority of the economic activities. Various end-users, including the aerospace and defense, telecommunication, and electronics industries, have a significant demand for metamaterials for different applications.
The Covid-19 pandemic halted the production process and disrupted the supply chain that further affected the overall demand & supply of the market. Furthermore, the shortage of laborers & raw materials also adversely affected the metamaterial market across the world.
North America Dominated the Metamaterial Market
Globally, North America has accounted for the majority of share in the Global Metamaterial Market in 2019 and is likely to maintain its dominance over the projection period. It is due to the rising demand for metamaterial in various end-user industries.
High demand from the aerospace and defense vertical is the key factor behind its growth. Further, there is a surge in government investments in laboratories, research institutes, and companies to improvise the R&D activities for developing metamaterial-based antennas and enhancing technologies, thereby propelling the market growth in the region.
Extensive end-user application fuels growth of the metamaterial market
Metamaterial exhibits unique properties derived from the structure of the constituent material. These authentic properties make metamaterials inherently valuable and operational for various applications, such as solar panels, medical imaging devices, windscreen, etc.
Metamaterials are used in the aerospace & defense industries to manufacture lightweight components; which various military communication applications can use. They also aid in manufacturing drones, antennas, and sensors, thereby augmenting the metamaterial market growth.
Key Questions Answered in the Market Research Report:
1. What are the primary overall market statistics/estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Metamaterial Market?
2. What are the industry size, growth drivers, and challenges (region-wise)?
3. What are the key innovations, opportunities, present & future trends, and regulations in the Global Metamaterial Market?
4. Who are the primary competitors, their key strengths & weakness, and how they perform in Global Metamaterial Market based on a competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the Global Metamaterial Market study?
Key Topics Covered:
1. Introduction
2. Preface
3. Executive Summary
4. Impact of COVID-19 on Global Metamaterial Market
5. Global Metamaterial Market Trends & Insights
6. Global Metamaterial Market Dynamics
7. Global Metamaterial Market Hotspots & Opportunities
8. Global Metamaterial Value Chain Analysis
9. Global Metamaterial Market Regulations & Policy
10. Global Metamaterial Market Outlook, 2016-2026F
10.1. Market Size & Analysis
10.1.1. By Revenue
10.2. Market Share & Analysis
10.2.1. By Material Type
10.2.2. By Application
10.2.3. By End User
10.2.4. By Region
10.2.5. By Competitors
11. North America Metamaterial Market Outlook, 2016-2026F
12. South America Metamaterial Market Outlook, 2016-2026F
13. Europe Metamaterial Market Outlook, 2016-2026F
14. Middle East & Africa Metamaterial Market Outlook, 2016-2026F
15. Asia-Pacific Metamaterial Market Outlook, 2016-2026F
16. Key Strategic Imperatives for Success and Growth
17. Competition Outlook
- Echodyne
- Metamaterial Technologies
- Keymeta
- Metasheild
- Multiwave Technologies
- Plasmonic Inc.
- Nanohmics Inc.
- Multiwave Metacrystal
- Phononic Vibes
- Metamagnetic
- Transsip
- Radi-Cool
- Jem Engineering
- Phoebus Optoelectronics
- Aegis Technologies
For more information about this report visit https://www.researchandmarkets.com/r/d0jgma
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