© 2019 Global Market Insights, Inc. USA. All Rights Reserved Global Metamaterial Market – Industry Analysis, Competitive Strategy during
Global Market Scenario of Metamaterial Industry © 2019 Global Market Insights, Inc. USA. All Rights Reserved Metamaterial Market growth is mainly attributed to growing infrastructural needs that require large scale installation of Wi-Fi routers, radar and satellite communication, commercially available metamaterial antennas enhance an antenna's radiated power, whereas, metamaterial absorber influence loss components of metamaterials magnetic permeability and permittivity, in order to immerse substantial amount of electromagnetic radiation. Metamaterial Market Metamaterial Market size is driven by increasing need for advanced materials in the medical and telecommunication sector, since these materials enhances an antenna’s radiating power and help in achieve high directivity and tunable frequency beyond diffraction limit at 0.38 μm. For instance, in 2018, Kymeta Corporation reported that its sales of Ku-band metamaterial antenna have increased significantly as compared to previous years. Global market is segmented on the basis of application into antenna & radars, absorbers & sensors, superlens, cloaking device and others such as sound filtering etc. Metamaterial market growth is mainly attributed to growing infrastructural needs that require large scale installation of Wi-Fi routers, radar and satellite communication, commercially available metamaterial antennas enhance an antenna's radiated power, whereas, metamaterial absorber influence loss components of metamaterials magnetic permeability and permittivity, in order to immerse substantial amount of electromagnetic radiation.
© 2019 Global Market Insights, Inc. USA. All Rights Reserved Regional Trends:- North America region will witness significant growth rate owing to growing demand for technologically advanced aerospace & defense, automobile production in the region. In addition, rising innovation in healthcare industry will supplement metamaterial market size in the coming years. The regional government has undertaken several initiatives to provide adequate funding to industry players to devise metamaterial-based antennas.
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© 2019 Global Market Insights, Inc. USA. All Rights Reserved Competitive Trends: Prominent players in the global metamaterial market includes Kymeta Corporation, Phoebus Optoelectronics, Echodyne, Applied EM, MetaShield, MediWise, JEM Engineering, Metamaterial Technologies, Harris Corporation, Multiwave Technologies, Teraview, AEgis Technologies Group, Nanoscribe GmbH, Metaboards Newport Corporation etc. Players are continuously adopting acquisitions & mergers, partnerships as their key growth strategies.
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