The Metamaterials Market report expects to give a 360-degree perspective available as far as cutting-edge innovation, key improvements, drivers, restrictions and future patterns with effect examination of these patterns available for present moment, mid-term and long term during the forecast period. Further, the report likewise covers key players profiling with point by point SWOT investigation, budgetary certainties and key improvements of items/administration from the previous three years.
The report first poses the Metamaterials Market basics: definitions, applications, classifications, and market overview; product specifications; manufacturing processes; cost structures, raw materials and more.
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Scope of the Report:
There are 4 key segments covered in this Metamaterials Systems Market report:
- Competitor segment
- Product type segment
- End-use/application segment
- Geography segment
Metamaterials Market with Key Segments:
By Product Types: Type 1, Type 2, Type 3
By Applications: Application 1, Application 2, Application 3
By Key Players:
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Metamaterials Market Report Provides the Following:
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Key Market Trends:
Increase in Usage of Antennas for Communication
– Recently, there has been an increased interest in microwave applications across the telecommunication sector. Metamaterials can be engineered to produce exotic electromagnetic signals. These materials exhibits various refractive properties, such as negative refractive index (NRI) and left-handed material (LHM). For this reason, such materials are indispensable in the manufacture of microwave components, and in the design and manufacture of high-functioning antennas.
– A negatively permeable metamaterial shell is utilized to enclose loop antennas in magnetic induction (MI) communication systems. It has been theoretically proved that a communication range of around 20m can be achieved with acceptable data rates, by using metamaterial-enhanced MI communication systems and pocket-sized loop antenna. Thus, the usage of these materials in remote environments can have significant impact on connectivity.
– The usage of metamaterial antennas have been increasing over the past few years. A company named Kymeta Corporation stated that its sales of Ku-band metamaterial antenna increased in 2018, as compared to the previous years. The demand for such antennas is due to their use in vessels, radar, and special smart phones.
– Using metamaterials in antennas enables an individual to focus six times beyond diffraction limit at 0.38 μm. These metamaterials are used in cell phones to provide antennas, which are five times smaller and have a bandwidth range of 700 MHz – 2.7 GHz.
– Currently, scientists are engaging in the research of wide angle impedance matching (WAIM) technology. It has been proven that metamaterials can be used to achieve superior wide angle impedance for phased array antennas.
– The aforementioned factors are expected to increase the demand for metamaterials, during the forecast period.
Asia-Pacific Region to be the Fastest Growing Market
Although North America dominates the global market, followed by Europe, Asia-Pacific is the fastest growing market and is expected to overtake North America by 2024. This growth is majorly due to the increasing investments in the Asian countries’ respective defense sectors. In countries, like China, India, South Korea, Pakistan, etc., governments have been increasing the national defense budget regularly. In the 2018 budget, China announced an 8.1% increase in its defense budget, amounting to USD 175 billion, the second largest defense budget in the world, after the United States.
Metamaterials Market Covers Following Points in TOC:
- Chapter 1: Metamaterials Market Definition
- Chapter 2: Research Methodology of Metamaterials Market
- Chapter 3: Metamaterials Market Executive Summary
- Chapter 4: Metamaterials Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
- Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
- Chapter 6: Metamaterials Market Segmentation by Types, End-User, and Applications Forecast to 2024
- Chapter 7: Metamaterials Market Segmentation by Geographical Regions
- Chapter 8: Competitive Landscape of Metamaterials Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
- Chapter 9: Key Players for Metamaterials Market
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