Press release
Metamaterials Market Trends, Growth, Industry Analysis and Forecast - 2025
Metamaterials Market
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The key players in the Metamaterials market contributing significantly by providing advanced technology-based products and increasing their geographical presence across the globe. The key players in the market include Acentech Inc., AEgis Technologies Group, Echodyne Corp., Fractal Antenna Systems, Inc., JEM Engineering, LLC, Kymeta Corporation among others.
Furthermore, Rheinmetall AG and BAE systems jointly developed UK-based support business, military vehicle design, and production business support in January 2019. Apart from managing and growing the current support business for combat vehicle, the joint venture intends to play a crucial role in the delivery of the new Mechanised Infantry Vehicle (MIV) of British Army and other strategic combat vehicles programmes. These rising joint ventures for military vehicles support in encouraging the installation of advanced instruments to achieve vital objectives, such as communications, and command and control. As a result, this is primarily supporting the growth of the aerospace and defense industry that further propels the demand of metamaterials.
Growing demand in the Telecom sector spur the metamaterials market
The telecommunication industry has a significant application of metamaterials in antenna and wireless communication systems that contribute to market growth. IT & Telecom sector involves the use of RF routers and switchers. The RF switch assembly interconnects the antenna suite with the redundant travelling-wave tube amplifier (TWTAs) and the rest of the communications system. These advances in RF routing capabilities is supporting to enhance communication across industries. Significant rise in internet penetration coupled with a focus on enhanced communication capabilities is leveraging the growth of the market. Moreover, the growing electronics industry in emerging economies such as China, India and others further provide substantial opportunity in the meta metamaterials market.
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AS per the International Trade Union Federation (ITUF) China will be one of the largest producers of the world’s electronic components and products and across the globe. The abundance of economic labor has made the country an attractive destination for investment considering the low-cost labor, improved infrastructure and so forth. As a result, the manufactured products represent a considerable share of the country’s trade. China exports and assembled various electronics and electrical parts and components into finished products. Owing to these facts, the country is expected to share the significant market share of metamaterials used in electronics industry.
Global Metamaterials Market Segmentation
By Type
• Terahertz
• Tunable
• Electromagnetic
• FSS
• Others (Chiral)
By Application
• Antenna & Radar
• Cloaking Devices
• Light & Sound Filtering
• Sensors
• Superlens
• Others (Solar)
By End-User
• Telecommunication
• Aerospace & Defense
• Electronics
• Healthcare
• Other (Optics)
Metamaterials Market – Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
• Rest of the World
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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