Global Metamaterials Market - 2019-2026
|全球超材料市場（2019-2026） Global Metamaterials Market - 2019-2026|
|出版日期: 2020年08月12日||內容資訊: 英文||
Metamaterials are artificially structured materials arranged in repeating patterns used to mold and control the flow of electromagnetic waves. The Metamaterials are composed of multiple elements which are used to transfer various physical waves. The materials have significant use in the advents of the electronics systems including satellites, communications, management of multiple systems and displays, and more than hundreds of systems. Rising the demand for re-configurable and tunable artificial electromagnetic materials in the telecommunications, aerospace and defense system has propelled the Metamaterials market. As these Metamaterials are used to control and manipulate light & sound waves, and other physical phenomena. The Metamaterials has many applications including for making sensors, cloaking, solar power management, Superlensing, light emitting diodes, high gain antennas also in various remote aerospace applications. The global Metamaterials market valued USD XX million in 2018 and it is expected to grow at a CAGR of XX% to reach USD XX million by 2026.
The market is driven by the rising demand for the wireless technologies for better communications through antenna and mobile connectivity due to increase in the number of internet users across the globe. As per the Congressional Research Service Organization report, the total number of internet-connected devices including consumer devices, and industrial devices like sensors predictive maintenance, smart watches, smart meters has been increased to 17.8 billion globally. This propels the demand for efficient communications systems which can be achieved by the best metamaterials. Furthermore growing demand for Metamaterials in various applications including Information and communication technology like radars antennas, industrial applications, as well as in the solar power solution.
There is a rise in the adoption of the advanced technology Metamaterials in the various applications including aerospace, drones, aircraft as well as in the autonomous vehicles. For instance on 6th Jan 2020, Echodyne Company has been developed the high tech Metamaterials based radar beam on autonomous cars with EchoDrive systems. The radar beam is made from the highly engineered surfaces with pocket-sized radar unit can be used for drones, autonomous cars and aircraft.
The global metamaterials market is segmented based on product type, applications, end-users and region.
In terms of the global metamaterials market is bifurcated into Non-linear, Terahertz, Electromagnetic, tunable, frequency selective surface, photonic and others. Among these, Electromagnetic segment has the highest market share in 2019 owing to increasing launching of advanced technology based electromagnetic devices for the communications. For instance on 10th Oct 2017, the Company Astronics Ballard Technology had been launched innovative aircraft communications server. This is the compact webCS first highly-integrated smart AID, server, and router that helps to connects avionics data with wired and wireless networks in a single compact box.
Similarly, Non-linear, Terahertz, tunable, frequency selective surface, photonics segments are also growing at faster pace owing to raising the global telecommunications demand for connecting the networks through efficient metamaterials for better connectivity all over the world.
Depending on the applications, global metamaterials market is divided into Superlens, Cloaking devices, Antenna & Radars, Absorber and others. Among this, Antenna & Radars segment has the highest share in 2019. This is primarily due to rising utilization of the metamaterials based radar and antenna in the satellite communications systems to boost surveillance capabilities for all-weather earth observation satellite with its synthetic aperture radar (SAR). For instance on 23rd May 2019, the Indian Space Research Organization (ISRO) had been successfully launched PSLV-C46 rocket which has used advanced technology of 3.6m radial rib antenna (RRA) for imaging earth observation through satellite Risat-2B. This has been boosted the surveillance capabilities of the country to get the clear images in forestry, agriculture, and disaster management support.
Similarly, the Superlens, Cloaking devices, Absorber segments are also growing at faster pace due to increasing the adoption of advanced technology based connected devices with surge in the number of internet users. As per the recent news, the number of internet connected devices has been increased to 22 billion across the globe in 2018 and is projected to reach 50 billion by 2050.
Depending upon the end users, the global metamaterials market are segmented into Consumer electronics, Aerospace & defense, Automotive, Energy & power and others. Among this aerospace & defense has the highest market share owing to increasing need for radars and antennas in the aerospace, defense and military sectors for better performance of communication systems.
Similarly, consumer electronics, medical devices, automotive, and energy & power segments are also growing at faster pace owing to increasing demand for the efficient medical devices, energy and power utilities for serving huge global populations. As per the National Research University of Information Technologies report, the metamaterials can enhance the sensitivity of MRI scan medical devices by 50% hence results in the extraordinary growth in efficiency. The metamaterials is the combination of artificial periodic structures that interacts with electromagnetic radiation which enhances the sensitivity of the MRI scanners.
By region, the global Metamaterials market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, North America is the dominated region for the global metamaterials market and expected to grow at the highest CAGR during the forecasted period due to presence of leading players' with growing telecommunication sectors investments like 5G networks, and rising wireless technology adoption followed by Europe region. According to the CTIA Association, the Americans generates more than USD 400 billion with the help of wireless service annually in the economic activity including the usage of advanced technology metamaterials for building connected devices networks.
Asia Pacific is the also growing at faster pace for the Metamaterials market, owing to rising government investment for building telecommunications infrastructures and with surge in demand for the connected devices in this region. According to the International Telecommunication Union (ITU), the Asian Countries are thriving to invest in the building the strong telecommunications systems using the advanced metamaterials. As per the above organization, in Asia Pacific region Australia, China, Malaysia and many other countries have invested around USD 34.7 billion for national satellite for rural areas using wireless network, 6 billion telecommunications projects by China whereas Malaysia had been launched National Fiber Connectivity Plan (NFCP) in 2019. Similarly Thailand has invested around USD160 million digital connectivity development projects.
The global Metamaterials market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. JEM Engineering LLC, NanoScribe, Oxford, Fractal Antenna Systems Inc., American Elements, MTI, Kymeta Corporation, Metamaterial Technologies Inc., ONR, Photon D, DUKE, and NKT Photonics AS are the leading market players with significant market share.
Companies are entering into the collaborations, acquisitions, mergers, investments and licensing for increasing their market penetration. For instance, on 15th Jan 2019, Metamaterial Technologies Inc., Mitacs and Dalhousie University has been collaborated to explore light manipulation technique with the help of metamaterials. The partnerships has been made for the advanced technology development and discoveries in electromagnetic technology, wireless communication, electricity, lasers and computers for this purpose announced the investment of around USD 1.62 Million.