Metamaterials: Technologies and Global Markets

Report Highlights

The global metamaterials market should grow from $448.0 million in 2018 to $1.8 billion by 2023 at a compound annual growth rate (CAGR) of 32.0% from 2018 to 2023. The market should further grow to $5.9 billion by 2028 at a CAGR of 26.8% from 2023 to 2028.

Report Includes

• 64 data tables
• An overview of the global market for metamaterials and other emerging technologies
• Analyses of global market trends with data from 2017, 2018, and projections of compound annual growth rates (CAGRs) through 2028
• Details of major types of metamaterials, their sub categories and applications in different industry segments
• Quantification of the market potential for each short-listed metamaterial by application and identification of the main prerequisites for commercial success
• Coverage of historical milestones and significant patents in the development of metamaterials
• Assessment of the market drivers for each type of metamaterial and evaluation of obstacles to their successful commercialization and projection of their future sales
• Detailed profiles of leading market players within the market, including BAE Systems plc, Metamaterial Technologies Inc., Newport Corp., NKT Photonics A/S and Photonic Lattice Inc.

Report Scope

This report addresses the emerging global market for metamaterials, including the classes listed below. The common thread uniting this diverse group of materials is that they are all artificial materials with characteristics usually not found in nature, and they owe these characteristics to their structure rather than to their constituent element or elements.

• Artificial dielectrics.
• Negative-refraction media.
• Active terahertz (THz) materials (i.e., metamaterials that respond magnetically to far-infrared or THz electromagnetic radiation).
• Chiral materials.
• Photonic crystals.
• Superconducting metamaterials.
• Extreme-parameter metamaterials (i.e., metamaterials with internal structures that have been modified or engineered on a molecular or nanoscale level to impart extraordinary strength, flexibility or other characteristics).
• Acoustic metamaterials.

Analyst Credentials

Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.