Metamaterial Market – Global Forecast To 2029
메타물질 시장 – 안테나, 재구성 가능한 지능형 표면 (RIS), 렌즈 및 광학 모듈, 센서 및 빔 스티어링, 반사 방지 필름, 전자기, 테라 헤르츠, 무선 주파수 (RF), 광학 및 지역별 – 2029 년까지의 세계 예측
Metamaterial Market by Antenna, Reconfigurable Intelligent Surfaces (RIS), lenses and optical modules, sensors and beam steering, anti-reflective films, electromagnetic, terahertz, radio frequency (RF), optical and region – Global Forecast to 2029
조사회사 | MarketsandMarkets |
출판년월 | 2024년11월 |
페이지 수 | 265 |
도표 수 | 303 |
라이센스 | Single User License |
가격 | USD 4,950 |
구성 | 영문조사보고서 |
Report Overview
The metamaterial market is projected to reach USD 1.38 billion by 2029 from USD 0.22 billion in 2024 at a CAGR of 44.8% during the forecast period.
메타물질 시장은 예측 기간 중 CAGR 44.8%로 2024년 2억 2000만 달러에서 2029년까지 13억 8000만 달러에 이를 것으로 예측되고 있습니다.
The key growth factors for the metamaterial market are mainly driven by advancements in telecommunication, increasing applications in healthcare, and the demand of high-performance advanced materials in aerospace & defense. Expansions in 5G infrastructure and integration of metamaterials with antenna design for efficient signal transmission are the chief growth drivers. Market demand in the automotive sector is also further being pushed by a drive in demand for lighter and energy-efficient materials, as seen in electric and autonomous vehicles. Innovations in material design through AI and increasing government initiatives to promote such research will similarly propel metamaterial market size from industries like electronics, automotive, and aerospace & defense.

“Lenses and Optical Modules to register the second highest CAGR in the metamaterial-based product segment of the market during the forecast period.”
The Lenses and Optical Modules segment is expected to grow at the second-highest CAGR in the metamaterials market during the forecast period. The fast growth of the segment is mainly attributed to increasing demand for high-performance optical systems in applications such as automotive, medical imaging, and consumer electronics. Advances in metamaterial technology allow miniaturization and embedding lenses with new functionalities, including better focusing abilities and good manipulation of light into compact modules, which are lightweight. AR and VR will experience a dramatic development, further demanding more complex optical modules for better quality images and more impressive fields of view. Integration of metamaterials into optical systems leaves open doors for innovation, with flat lenses and superlenses promising to revolutionize traditional lens design with thinner and far more flexible optics. Manufacturers will strive to achieve efficiency and performance by using the lenses and optical modules segment, thus paving for strong growth in the years to come to meet changing demands of the optical industry.

“Aerospace & Defense to account the second largest market share in the market during the forecast period.”
The aerospace & defense sector is expected to hold the second largest market share in the forecast period, considering the high requirement for advanced materials that may enhance performance and efficiency in various applications. Metamaterials offer unique properties like electromagnetic manipulation and lightweight structures that are critical in modern aerospace systems, such as antennas and sensor applications, along with stealth technology. Defense applications particularly need better absorption capability of radar signals and better management of the signals. Also, as far as stealth capabilities as well as communication systems are concerned, metamaterials could be an edge there. Enhanced energy efficiency and durability in aircraft design have the characteristic of being achieved with the help of metamaterials, thus driving their growth in the field. The market for metamaterials is likely to grow rapidly with each new move by companies to introduce advanced materials that can be applied toward the production of next-generation aerospace technology as demands rise, in accordance with more sophisticated innovations designed to support improved performance results while keeping rigidly to the safety and efficiency standards required.
“Europe registered the second largest market share during the forecast period.”
The Europe market is likely to capture the second largest market share during the forecast period, as it has made significant advancement in telecommunication, healthcare, and aerospace & defense sectors. The huge demand for high-performance devices, like antennas for 5G networks and advanced imaging systems, propel the adoption of metamaterials that can highly precisely manipulate electromagnetic waves. Some countries like Germany, France, and the UK lead the way in research and development. Innovation in metamaterial applications such as cloaking technology, sensors, and many more is fostered. Metamaterials are picking up because it sustains energy efficiency. Their performance while being environmentally friendly will increase; therefore, they find their use in various applications. Furthermore, breakthroughs in material science and engineering and making Europe a vital player on the global market for metamaterials are mainly driven by various collaborations.

The break-up of the profile of primary participants in the metamaterial market-
- By Company Type: Tier 1 – 25%, Tier 2 – 35%, Tier 3 – 40%
- By Designation Type: C Level – 40%, Director Level – 30%, Others – 30%
- By Region Type: North America – 40%, Europe – 25%, Asia Pacific – 20%, Rest of the World – 15%
The major players in the metamaterial market with a significant global presence include Kymeta Corporation (US), Pivotal Commware (US), Echodyne Corp. (US), ALCAN Systems GmbH i.L. (Germany), Metalenz, Inc. (US), and others.

Research Coverage
The report segments the metamaterial market and forecasts its size by product, application, end use, type, and region. It also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report covers qualitative aspects in addition to quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall metamaterial market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (growing demand for enhanced wireless communication systems and advancements in optical metamaterials), restraints (high production costs and complex manufacturing processes), opportunities (expansion in renewable energy sector, advancements in thermal metamaterials, and growing integration of nanotechnology with metamaterials), and challenges (scaling up production of metamaterials for mass markets, stringent regulations, and availability of limited resources)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new solution and service launches in the metamaterial market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the metamaterial market across varied regions.
- Market Diversification: Exhaustive information about new solutions and services, untapped geographies, recent developments, and investments in the metamaterial market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and solution and service offerings of leading players, including Kymeta Corporation (US), Pivotal Commware (US), Echodyne Corp. (US), ALCAN Systems GmbH i.L. (Germany), and Metalenz, Inc. (US).
Table of Contents
1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.3 STUDY SCOPE 27
1.3.1 MARKETS COVERED 27
1.3.2 INCLUSIONS AND EXCLUSIONS 28
1.3.3 YEARS CONSIDERED 28
1.4 CURRENCY CONSIDERED 29
1.5 UNIT CONSIDERED 29
1.6 STAKEHOLDERS 29
1.7 SUMMARY OF CHANGES 29
2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
2.1.1 SECONDARY DATA 31
2.1.1.1 Secondary sources 31
2.1.1.2 Key data from secondary sources 32
2.1.2 PRIMARY DATA 32
2.1.2.1 List of primary participants 32
2.1.2.2 Breakdown of primary interviews 33
2.1.2.3 Key data from primary sources 33
2.1.3 SECONDARY AND PRIMARY RESEARCH 35
2.1.3.1 Key industry insights 35
2.2 MARKET SIZE ESTIMATION 36
2.2.1 BOTTOM-UP APPROACH 36
2.2.2 TOP-DOWN APPROACH 37
2.3 FACTOR ANALYSIS 38
2.3.1 DEMAND-SIDE ANALYSIS 38
2.3.2 SUPPLY-SIDE ANALYSIS 39
2.4 DATA TRIANGULATION 40
2.5 RESEARCH ASSUMPTIONS 41
2.6 RESEARCH LIMITATIONS 41
2.7 RISK ASSESSMENT 41
3 EXECUTIVE SUMMARY 42
4 PREMIUM INSIGHTS 47
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN METAMATERIAL MARKET 47
4.2 METAMATERIAL MARKET, BY PRODUCT 48
4.3 METAMATERIAL MARKET, BY APPLICATION 48
4.4 METAMATERIAL MARKET, BY END USE 49
4.5 METAMATERIAL MARKET, BY TYPE 49
4.6 METAMATERIAL MARKET, BY REGION 50
4.7 METAMATERIAL MARKET, BY COUNTRY 50
5 MARKET OVERVIEW 51
5.1 INTRODUCTION 51
5.2 MARKET DYNAMICS 51
5.2.1 DRIVERS 52
5.2.1.1 Growing demand for enhanced wireless communication systems 52
5.2.1.2 Advancements in optical metamaterials 53
5.2.2 RESTRAINTS 54
5.2.2.1 High production costs 54
5.2.2.2 Complex manufacturing processes 55
5.2.3 OPPORTUNITIES 56
5.2.3.1 Expansion of renewable energy sector 56
5.2.3.2 Advancements in thermal metamaterials 56
5.2.3.3 Growing integration of nanotechnology with metamaterials 57
5.2.4 CHALLENGES 58
5.2.4.1 Scaling up production of metamaterials for mass markets 58
5.2.4.2 Limited availability of resources 59
5.2.4.3 Stringent regulatory hurdles 59
5.3 VALUE CHAIN ANALYSIS 61
5.4 ECOSYSTEM ANALYSIS 63
5.5 INVESTMENT AND FUNDING SCENARIO 64
5.6 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 65
5.7 TECHNOLOGY ANALYSIS 66
5.7.1 KEY TECHNOLOGIES 66
5.7.1.1 Metasurfaces 66
5.7.2 COMPLEMENTARY TECHNOLOGIES 66
5.7.2.1 Wearable electronics 66
5.7.3 ADJACENT TECHNOLOGIES 67
5.7.3.1 Graphene and 2D materials 67
5.8 PRICING ANALYSIS 68
5.8.1 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS 68
5.8.2 AVERAGE SELLING PRICE, BY REGION 69
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 70
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 70
5.9.2 BUYING CRITERIA 71
5.10 PORTER’S FIVE FORCES ANALYSIS 72
5.10.1 THREAT OF NEW ENTRANTS 73
5.10.2 THREAT OF SUBSTITUTES 73
5.10.3 BARGAINING POWER OF SUPPLIERS 73
5.10.4 BARGAINING POWER OF BUYERS 74
5.10.5 INTENSITY OF COMPETITIVE RIVALRY 74
5.11 CASE STUDY ANALYSIS 74
5.11.1 ALCAN SYSTEMS ADDRESSES MMWAVE 5G ROLLOUT CHALLENGES
WITH LIQUID CRYSTAL SMART ANTENNAS 74
5.11.2 PIVOTAL COMMUNICATIONS TRANSFORMS MMWAVE DEPLOYMENT
WITH PIVOTAL TURNKEY 75
5.11.3 UNIVERSITY OF EXETER AND VIRGINIA TECH COLLABORATE TO HARNESS ACOUSTIC METAMATERIALS FOR ENHANCED NOISE CONTROL 75
5.12 TRADE ANALYSIS 75
5.13 PATENT ANALYSIS 78
5.14 REGULATORY LANDSCAPE 81
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 81
5.14.2 REGULATORY FRAMEWORK 84
5.14.2.1 IEEE Standards for Electromagnetic Compatibility (EMC) 84
5.14.2.2 ISO and IEC Standards for Advanced Materials 84
5.14.2.3 ASTM International Standards for Material Properties 84
5.14.2.4 ITU-R Standards for Wireless Communication 84
5.14.2.5 IEC Standards for Optical and Photonic Applications 84
5.15 KEY CONFERENCES AND EVENTS, 2024–2025 85
5.16 IMPACT OF AI/GEN AI ON METAMATERIAL MARKET 86
6 METAMATERIAL MARKET, BY PRODUCT 88
6.1 INTRODUCTION 89
6.2 ANTENNAS, RADAR, AND RECONFIGURABLE INTELLIGENT SURFACES 90
6.2.1 DEMAND FOR HIGH-PERFORMANCE CONNECTIVITY AND 5G-ENABLED SOLUTIONS TO DRIVE GROWTH 90
6.2.2 ACTIVE 95
6.2.3 PASSIVE 95
6.2.4 HYBRID 95
6.3 LENSES & OPTICAL MODULES 96
6.3.1 RISING DEMAND FOR PRECISION IMAGING AND MINIATURIZATION
TO FUEL MARKET 96
6.4 SENSORS & BEAM STEERING MODULES 100
6.4.1 INCREASING DEMAND IN TELECOMMUNICATIONS TO
BOOST MARKET GROWTH 100
6.5 ANTI-REFLECTIVE FILMS 104
6.5.1 ENHANCED OPTICAL EFFICIENCY AND ENERGY SAVINGS TO DRIVE GROWTH 104
6.6 OTHER PRODUCTS 108
6.6.1 RISING DEMAND FOR ADVANCED EMI SHIELDING AND WIRELESS POWER SOLUTIONS TO PROPEL MARKET GROWTH 108
6.6.1.1 Absorbers 112
6.6.1.2 Cloaking devices 112
6.6.1.3 Light & sound filters 113
6.6.1.4 Isolators & circulators 113
6.6.1.5 RF filters 113
6.6.1.6 Transmission lines 114
6.6.1.7 Wireless charging solutions 114
7 METAMATERIAL MARKET, BY APPLICATION 115
7.1 INTRODUCTION 116
7.2 RF 117
7.2.1 RISING DEMAND FOR HIGH-SPEED CONNECTIVITY AND DEFENSE APPLICATIONS TO BOOST MARKET 117
7.3 OPTICAL 120
7.3.1 USE IN HIGH-RESOLUTION IMAGING AND ADVANCED TELECOMMUNICATION SOLUTIONS TO FUEL MARKET 120
7.4 OTHER APPLICATIONS 121
7.4.1 ADVANCEMENTS IN ACOUSTIC AND THERMAL METAMATERIALS TO DRIVE MARKET GROWTH IN DIVERSE APPLICATIONS 121
8 METAMATERIAL MARKET, BY END USE 123
8.1 INTRODUCTION 124
8.2 CONSUMER ELECTRONICS 125
8.2.1 ADVANCEMENTS TO ENHANCE PERFORMANCE AND ENERGY EFFICIENCY TO BOOST MARKET GROWTH 125
8.2.1.1 Smartphones 126
8.2.1.2 Laptops & tablets 126
8.2.1.3 Head-mounted displays 127
8.3 AUTOMOTIVE 127
8.3.1 ADVANCEMENTS IN META-OPTICS TO ENHANCE SAFETY AND
PERFORMANCE TO PROPEL GROWTH 127
8.4 AEROSPACE & DEFENSE 127
8.4.1 RISING DEMAND FOR STEALTH AND LIGHTWEIGHT MATERIALS
TO FUEL GROWTH 127
8.5 PHOTOVOLTAICS 128
8.5.1 INCREASING DEMAND FOR RENEWABLE ENERGY DRIVES INNOVATIVE METAMATERIAL DESIGN 128
8.6 ROBOTICS 129
8.6.1 ENHANCED SENSING AND IMAGING TECHNOLOGIES TO FUEL MARKET 129
8.7 HEALTHCARE 129
8.7.1 TARGETED THERAPIES AND ENHANCED IMAGING TECHNOLOGIES
TO DRIVE GROWTH 129
8.8 TELECOMMUNICATION 130
8.8.1 RISING DEMAND FOR HIGH-CAPACITY DATA TRANSMISSION TO
FUEL MARKET GROWTH 130
8.9 OTHER END USES 130
8.9.1 GROWING DEMAND FOR ENERGY EFFICIENCY AND NOISE REDUCTION SOLUTIONS TO FUEL GROWTH 130
9 METAMATERIAL MARKET, BY TYPE 132
9.1 INTRODUCTION 133
9.2 ELECTROMAGNETIC 134
9.2.1 RISING DEMAND FOR 5G AND ADVANCED IMAGING TO
FUEL SEGMENT GROWTH 134
9.2.1.1 Double negative 136
9.2.1.2 Single negative 136
9.2.1.3 Electronic bandgap 137
9.2.1.4 Double positive 137
9.2.1.5 Bi-isotropic 137
9.2.1.6 Chiral 137
9.2.1.7 Frequency-selective surface-based 138
9.3 OTHER TYPES 138
9.3.1 INCREASING DEMAND FOR ADVANCED SOUND CONTROL SOLUTIONS TO DRIVE GROWTH 138
9.3.1.1 Acoustic 139
9.3.1.2 Thermal 139
9.3.1.3 Elastic 140
10 METAMATERIAL MARKET, BY FREQUENCY BAND 141
10.1 INTRODUCTION 141
10.2 TERAHERTZ 141
10.3 PHOTONIC 141
10.4 TUNABLE 142
10.5 PLASMONIC 142
11 METAMATERIAL MARKET, BY REGION 143
11.1 INTRODUCTION 144
11.2 NORTH AMERICA 145
11.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA 145
11.2.2 US 148
11.2.2.1 Increasing demand for advanced communication technologies to drive market growth 148
11.2.3 CANADA 149
11.2.3.1 Sustainable technology and renewable energy investments to propel market growth 149
11.2.4 MEXICO 150
11.2.4.1 Rising demand for advanced materials and smart city development to drive market growth 150
11.3 EUROPE 151
11.3.1 MACROECONOMIC OUTLOOK FOR EUROPE 152
11.3.2 GERMANY 154
11.3.2.1 Rising demand for metamaterials in consumer electronics to drive market expansion 154
11.3.3 UK 155
11.3.3.1 Research and innovation in metamaterials to propel market growth 155
11.3.4 FRANCE 156
11.3.4.1 Collaborative innovation and energy-efficient solutions to boost market growth 156
11.3.5 REST OF EUROPE 157
11.4 ASIA PACIFIC 158
11.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC 158
11.4.2 CHINA 162
11.4.2.1 5G expansion and technological innovation to propel market growth 162
11.4.3 JAPAN 163
11.4.3.1 Advancements in telecommunications and energy efficiency to augment market growth 163
11.4.4 SOUTH KOREA 164
11.4.4.1 Government initiatives and technological advancements to create market opportunities 164
11.4.5 INDIA 165
11.4.5.1 Rising demand for advanced materials to fuel market growth 165
11.4.6 REST OF ASIA PACIFIC 166
11.5 ROW 167
11.5.1 MACROECONOMIC OUTLOOK FOR ROW 168
11.5.2 MIDDLE EAST & AFRICA 170
11.5.2.1 Investments in telecommunications to drive market 170
11.5.2.1.1 Gulf Cooperation Council (GCC) 171
11.5.2.1.2 Rest of Middle East & Africa 171
11.5.3 SOUTH AMERICA 172
11.5.3.1 Economic growth and urbanization to fuel market expansion 172
11.5.3.1.1 Brazil 173
11.5.3.1.2 Rest of South America 173
12 COMPETITIVE LANDSCAPE 175
12.1 OVERVIEW 175
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 175
12.3 MARKET SHARE ANALYSIS, 2023 178
12.4 REVENUE ANALYSIS, 2018–2023 180
12.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024 (USD MILLION) 180
12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 181
12.6.1 STARS 181
12.6.2 EMERGING LEADERS 181
12.6.3 PERVASIVE PLAYERS 182
12.6.4 PARTICIPANTS 182
12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 183
12.6.5.1 Company footprint 183
12.6.5.2 Application footprint 184
12.6.5.3 Product footprint 185
12.6.5.4 End use footprint 186
12.6.5.5 Type footprint 187
12.6.5.6 Region footprint 188
12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 189
12.7.1 PROGRESSIVE COMPANIES 189
12.7.2 RESPONSIVE COMPANIES 190
12.7.3 DYNAMIC COMPANIES 190
12.7.4 STARTING BLOCKS 190
12.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 191
12.7.5.1 List of startups/SMEs 191
12.7.5.2 Competitive benchmarking of startups/SMEs 192
12.8 BRAND/PRODUCT COMPARISON 193
12.9 COMPETITIVE SCENARIO AND TRENDS 194
12.9.1 PRODUCT LAUNCHES 194
12.9.2 DEALS 198
12.9.3 EXPANSIONS 203
12.9.4 OTHER DEVELOPMENTS 204
13 COMPANY PROFILES 205
13.1 INTRODUCTION 205
13.2 KEY PLAYERS 205
13.2.1 KYMETA CORPORATION 205
13.2.1.1 Business overview 205
13.2.1.2 Products/Solutions/Services offered 206
13.2.1.3 Recent developments 207
13.2.1.3.1 Product launches 207
13.2.1.3.2 Deals 208
13.2.1.4 MnM view 210
13.2.1.4.1 Right to win 210
13.2.1.4.2 Strategic choices 210
13.2.1.4.3 Weaknesses and competitive threats 210
13.2.2 METALENZ, INC. 211
13.2.2.1 Business overview 211
13.2.2.2 Products/Solutions/Services offered 211
13.2.2.3 Recent developments 212
13.2.2.3.1 Product launches 212
13.2.2.3.2 Deals 213
13.2.2.4 MnM view 214
13.2.2.4.1 Right to win 214
13.2.2.4.2 Strategic choices 215
13.2.2.4.3 Weaknesses and competitive threats 215
13.2.3 ALCAN SYSTEMS GMBH I.L. 216
13.2.3.1 Business overview 216
13.2.3.2 Products/Solutions/Services offered 216
13.2.3.3 Recent developments 217
13.2.3.3.1 Product launches 217
13.2.3.3.2 Deals 218
13.2.3.4 MnM view 218
13.2.3.4.1 Right to win 218
13.2.3.4.2 Strategic choices 218
13.2.3.4.3 Weaknesses and competitive threats 218
13.2.4 ECHODYNE CORP. 219
13.2.4.1 Business overview 219
13.2.4.2 Products/Solutions/Services offered 219
13.2.4.3 Recent developments 220
13.2.4.3.1 Product launches 220
13.2.4.3.2 Deals 221
13.2.4.4 MnM view 221
13.2.4.4.1 Right to win 221
13.2.4.4.2 Strategic choices 222
13.2.4.4.3 Weaknesses and competitive threats 222
13.2.5 PIVOTAL COMMWARE 223
13.2.5.1 Business overview 223
13.2.5.2 Products/Solutions/Services offered 223
13.2.5.3 Recent developments 224
13.2.5.3.1 Product launches 224
13.2.5.3.2 Deals 224
13.2.5.4 MnM view 225
13.2.5.4.1 Right to win 225
13.2.5.4.2 Strategic choices 225
13.2.5.4.3 Weaknesses and competitive threats 225
13.2.6 GREENERWAVE 226
13.2.6.1 Business overview 226
13.2.6.2 Products/Solutions/Services offered 226
13.2.6.3 Recent developments 227
13.2.6.3.1 Product launches 227
13.2.6.3.2 Deals 228
13.2.7 EDGEHOG 230
13.2.7.1 Business overview 230
13.2.7.2 Products/Solutions/Services offered 230
13.2.8 METAMAGNETICS 232
13.2.8.1 Business overview 232
13.2.8.2 Products/Solutions/Services offered 232
13.2.8.3 Recent developments 233
13.2.8.3.1 Product launches 233
13.2.8.3.2 Other developments 234
13.2.9 FRACTAL ANTENNA SYSTEMS, INC. 235
13.2.9.1 Business overview 235
13.2.9.2 Products/Solutions/Services offered 235
13.2.9.3 Recent developments 236
13.2.9.3.1 Expansions 236
13.2.10 LUMOTIVE 237
13.2.10.1 Business overview 237
13.2.10.2 Products/Solutions/Services offered 237
13.2.10.3 Recent developments 238
13.2.10.3.1 Product launches 238
13.2.10.3.2 Deals 238
13.2.11 TERAVIEW LIMITED 239
13.2.11.1 Business overview 239
13.2.11.2 Products/Solutions/Services offered 239
13.2.11.3 Recent developments 240
13.2.11.3.1 Product launches 240
13.3 OTHER PLAYERS 241
13.3.1 2PI INC. 241
13.3.2 META MATERIALS INC. 242
13.3.3 MOXTEK, INC. 243
13.3.4 PLASMONICS INC. 244
13.3.5 SINTEC OPTRONICS PTE LTD. 245
13.3.6 PHONONIC VIBES S.R.L. 246
13.3.7 PHOEBUS OPTOELECTRONICS LLC 247
13.3.8 APPLIED METAMATERIALS 248
13.3.9 AMG 249
13.3.10 RADI-COOL SDN BHD 250
13.3.11 METABOARDS 250
13.3.12 JEM ENGINEERING 251
13.3.13 METASONIXX 252
13.3.14 THORLABS, INC. 253
13.3.15 HUAWEI TECHNOLOGIES CO., LTD. 254
13.3.16 NIL TECHNOLOGY 255
13.3.17 ZTE CORPORATION 256
14 APPENDIX 257
14.1 INSIGHTS FROM INDUSTRY EXPERTS 257
14.2 DISCUSSION GUIDE 258
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 261
14.4 CUSTOMIZATION OPTIONS 263
14.5 RELATED REPORTS 263
14.6 AUTHOR DETAILS 264
LIST OF TABLES
TABLE 1 METAMATERIAL MARKET: RESEARCH ASSUMPTIONS 41
TABLE 2 METAMATERIAL MARKET: RISK ASSESSMENT 41
TABLE 3 METAMATERIAL MARKET: ROLE OF COMPANIES IN ECOSYSTEM 63
TABLE 4 AVERAGE SELLING PRICE OF METAMATERIAL-BASED ANTENNAS OFFERED
BY KEY PLAYERS, 2020–2023 (USD) 68
TABLE 5 AVERAGE SELLING PRICE OF METAMATERIAL-BASED LENSES OFFERED
BY KEY PLAYERS, 2020–2023 (USD) 68
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE (%) 70
TABLE 7 KEY BUYING CRITERIA, BY END USE 71
TABLE 8 IMPACT OF PORTER’S FIVE FORCES: METAMATERIAL MARKET 72
TABLE 9 IMPORT DATA FOR HS CODE 28-COMPLIANT PRODUCTS, BY COUNTRY,
2019–2023 (USD MILLION) 76
TABLE 10 EXPORT DATA FOR HS CODE 28-COMPLIANT PRODUCTS, BY COUNTRY,
2019–2023 (USD MILLION) 77
TABLE 11 METAMATERIAL MARKET: MAJOR PATENTS 79
TABLE 12 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 82
TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 82
TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 83
TABLE 15 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 84
TABLE 16 KEY CONFERENCES AND EVENTS, 2024–2025 85
TABLE 17 METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 89
TABLE 18 METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 90
TABLE 19 ANTENNAS, RADAR, AND RIS: METAMATERIAL MARKET, BY REGION,
2020–2023 (USD MILLION) 91
TABLE 20 ANTENNAS, RADAR, AND RIS: METAMATERIAL MARKET, BY REGION,
2024–2029 (USD MILLION) 91
TABLE 21 NORTH AMERICA: METAMATERIAL MARKET FOR ANTENNAS, RADAR, AND RIS,
BY COUNTRY, 2020–2023 (USD MILLION) 91
TABLE 22 NORTH AMERICA: METAMATERIAL MARKET FOR ANTENNAS, RADAR, AND RIS,
BY COUNTRY, 2024–2029 (USD MILLION) 92
TABLE 23 EUROPE: METAMATERIAL MARKET FOR ANTENNAS, RADAR, AND RIS,
BY COUNTRY, 2020–2023 (USD MILLION) 92
TABLE 24 EUROPE: METAMATERIAL MARKET FOR ANTENNAS, RADAR, AND RIS,
BY COUNTRY, 2024–2029 (USD MILLION) 92
TABLE 25 ASIA PACIFIC: METAMATERIAL MARKET FOR ANTENNAS, RADAR, AND RIS,
BY COUNTRY, 2020–2023 (USD MILLION) 93
TABLE 26 ASIA PACIFIC: METAMATERIAL MARKET FOR ANTENNAS, RADAR, AND RIS,
BY COUNTRY, 2024–2029 (USD MILLION) 93
TABLE 27 REST OF THE WORLD: METAMATERIAL MARKET FOR ANTENNAS, RADAR, AND RIS, BY REGION, 2020–2023 (USD MILLION) 93
TABLE 28 REST OF THE WORLD: METAMATERIAL MARKET FOR ANTENNAS, RADAR, AND RIS, BY REGION, 2024–2029 (USD MILLION) 94
TABLE 29 ANTENNAS, RADAR, AND RIS: METAMATERIAL MARKET, BY END USE,
2020–2023 (USD MILLION) 94
TABLE 30 ANTENNAS, RADAR, AND RIS: METAMATERIAL MARKET, BY END USE,
2024–2029 (USD MILLION) 94
TABLE 31 ANTENNAS, RADAR, AND RIS: METAMATERIAL MARKET,
2020–2023 (THOUSAND UNITS) 94
TABLE 32 ANTENNAS, RADAR, AND RIS: METAMATERIAL MARKET,
2024–2029 (THOUSAND UNITS) 95
TABLE 33 LENSES & OPTICAL MODULES: METAMATERIAL MARKET, BY REGION,
2020–2023 (USD MILLION) 96
TABLE 34 LENSES & OPTICAL MODULES: METAMATERIAL MARKET, BY REGION,
2024–2029 (USD MILLION) 97
TABLE 35 NORTH AMERICA: METAMATERIAL MARKET FOR LENSES & OPTICAL MODULES,
BY COUNTRY, 2020–2023 (USD MILLION) 97
TABLE 36 NORTH AMERICA: METAMATERIAL MARKET FOR LENSES & OPTICAL MODULES,
BY COUNTRY, 2024–2029 (USD MILLION) 97
TABLE 37 EUROPE: METAMATERIAL MARKET FOR LENSES & OPTICAL MODULES,
BY COUNTRY, 2020–2023 (USD MILLION) 97
TABLE 38 EUROPE: METAMATERIAL MARKET FOR LENSES & OPTICAL MODULES,
BY COUNTRY, 2024–2029 (USD MILLION) 98
TABLE 39 ASIA PACIFIC: METAMATERIAL MARKET FOR LENSES & OPTICAL MODULES,
BY COUNTRY, 2020–2023 (USD MILLION) 98
TABLE 40 ASIA PACIFIC: METAMATERIAL MARKET FOR LENSES & OPTICAL MODULES,
BY COUNTRY, 2024–2029 (USD MILLION) 98
TABLE 41 REST OF THE WORLD: METAMATERIAL MARKET FOR LENSES & OPTICAL MODULES, BY REGION, 2020–2023 (USD MILLION) 99
TABLE 42 REST OF THE WORLD: METAMATERIAL MARKET FOR LENSES & OPTICAL MODULES, BY REGION, 2024–2029 (USD MILLION) 99
TABLE 43 LENSES & OPTICAL MODULES: METAMATERIAL MARKET, BY END USE,
2020–2023 (USD MILLION) 99
TABLE 44 LENSES & OPTICAL MODULES: METAMATERIAL MARKET, BY END USE,
2024–2029 (USD MILLION) 99
TABLE 45 LENSES & OPTICAL MODULES: METAMATERIAL MARKET,
2020–2023 (THOUSAND UNITS) 100
TABLE 46 LENSES & OPTICAL MODULES: METAMATERIAL MARKET,
2024–2029 (THOUSAND UNITS) 100
TABLE 47 SENSORS & BEAM STEERING MODULES: METAMATERIAL MARKET, BY REGION, 2020–2023 (USD MILLION) 101
TABLE 48 SENSORS & BEAM STEERING MODULES: METAMATERIAL MARKET, BY REGION, 2024–2029 (USD MILLION) 101
TABLE 49 NORTH AMERICA: METAMATERIAL MARKET FOR SENSORS & BEAM STEERING MODULES, BY COUNTRY, 2020–2023 (USD MILLION) 101
TABLE 50 NORTH AMERICA: METAMATERIAL MARKET FOR SENSORS & BEAM STEERING MODULES, BY COUNTRY, 2024–2029 (USD MILLION) 101
TABLE 51 EUROPE: METAMATERIAL MARKET FOR SENSORS & BEAM STEERING MODULES, BY COUNTRY, 2020–2023 (USD MILLION) 102
TABLE 52 EUROPE: METAMATERIAL MARKET FOR SENSORS & BEAM STEERING MODULES, BY COUNTRY, 2024–2029 (USD MILLION) 102
TABLE 53 ASIA PACIFIC: METAMATERIAL MARKET FOR SENSORS & BEAM STEERING MODULES, BY COUNTRY, 2020–2023 (USD MILLION) 102
TABLE 54 ASIA PACIFIC: METAMATERIAL MARKET FOR SENSORS & BEAM STEERING MODULES, BY COUNTRY, 2024–2029 (USD MILLION) 103
TABLE 55 REST OF THE WORLD: METAMATERIAL MARKET FOR SENSORS & BEAM STEERING MODULES, BY REGION, 2020–2023 (USD MILLION) 103
TABLE 56 REST OF THE WORLD: METAMATERIAL MARKET FOR SENSORS & BEAM STEERING MODULES, BY REGION, 2024–2029 (USD MILLION) 103
TABLE 57 SENSORS & BEAM STEERING MODULES: METAMATERIAL MARKET, BY END USE, 2020–2023 (USD MILLION) 103
TABLE 58 SENSORS & BEAM STEERING MODULES: METAMATERIAL MARKET, BY END USE, 2024–2029 (USD MILLION) 104
TABLE 59 ANTI-REFLECTIVE FILMS: METAMATERIAL MARKET, BY REGION,
2020–2023 (USD MILLION) 104
TABLE 60 ANTI-REFLECTIVE FILMS: METAMATERIAL MARKET, BY REGION,
2024–2029 (USD MILLION) 105
TABLE 61 NORTH AMERICA: METAMATERIAL MARKET FOR ANTI-REFLECTIVE FILMS,
BY COUNTRY, 2020–2023 (USD MILLION) 105
TABLE 62 NORTH AMERICA: METAMATERIAL MARKET FOR ANTI-REFLECTIVE FILMS,
BY COUNTRY, 2024–2029 (USD MILLION) 105
TABLE 63 EUROPE: METAMATERIAL MARKET FOR ANTI-REFLECTIVE FILMS, BY COUNTRY, 2020–2023 (USD MILLION) 105
TABLE 64 EUROPE: METAMATERIAL MARKET FOR ANTI-REFLECTIVE FILMS, BY COUNTRY, 2024–2029 (USD MILLION) 106
TABLE 65 ASIA PACIFIC: METAMATERIAL MARKET FOR ANTI-REFLECTIVE FILMS, BY COUNTRY, 2020–2023 (USD MILLION) 106
TABLE 66 ASIA PACIFIC: METAMATERIAL MARKET FOR ANTI-REFLECTIVE FILMS, BY COUNTRY, 2024–2029 (USD MILLION) 106
TABLE 67 REST OF THE WORLD: METAMATERIAL MARKET FOR ANTI-REFLECTIVE FILMS,
BY REGION, 2020–2023 (USD MILLION) 107
TABLE 68 REST OF THE WORLD: METAMATERIAL MARKET FOR ANTI-REFLECTIVE FILMS,
BY REGION, 2024–2029 (USD MILLION) 107
TABLE 69 ANTI-REFLECTIVE FILMS: METAMATERIAL MARKET, BY END USE,
2020–2023 (USD MILLION) 107
TABLE 70 ANTI-REFLECTIVE FILMS: METAMATERIAL MARKET, BY END USE,
2024–2029 (USD MILLION) 107
TABLE 71 OTHER PRODUCTS: METAMATERIAL MARKET, BY REGION,
2020–2023 (USD MILLION) 109
TABLE 72 OTHER PRODUCTS: METAMATERIAL MARKET, BY REGION,
2024–2029 (USD MILLION) 109
TABLE 73 OTHER PRODUCTS: METAMATERIAL MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 109
TABLE 74 OTHER PRODUCTS: METAMATERIAL MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 109
TABLE 75 NORTH AMERICA: METAMATERIAL MARKET FOR OTHER PRODUCTS, BY COUNTRY, 2020–2023 (USD MILLION) 110
TABLE 76 NORTH AMERICA: METAMATERIAL MARKET FOR OTHER PRODUCTS, BY COUNTRY, 2024–2029 (USD MILLION) 110
TABLE 77 EUROPE: METAMATERIAL MARKET FOR OTHER PRODUCTS, BY COUNTRY,
2020–2023 (USD MILLION) 110
TABLE 78 EUROPE: METAMATERIAL MARKET FOR OTHER PRODUCTS, BY COUNTRY,
2024–2029 (USD MILLION) 110
TABLE 79 ASIA PACIFIC: METAMATERIAL MARKET FOR OTHER PRODUCTS, BY COUNTRY, 2020–2023 (USD MILLION) 111
TABLE 80 ASIA PACIFIC: METAMATERIAL MARKET FOR OTHER PRODUCTS, BY COUNTRY, 2024–2029 (USD MILLION) 111
TABLE 81 REST OF THE WORLD: METAMATERIAL MARKET FOR OTHER PRODUCTS,
BY REGION, 2020–2023 (USD MILLION) 111
TABLE 82 REST OF THE WORLD: METAMATERIAL MARKET FOR OTHER PRODUCTS,
BY REGION, 2024–2029 (USD MILLION) 111
TABLE 83 OTHER PRODUCTS: METAMATERIAL MARKET, BY END USE,
2020–2023 (USD MILLION) 112
TABLE 84 OTHER PRODUCTS: METAMATERIAL MARKET, BY END USE,
2024–2029 (USD MILLION) 112
TABLE 85 METAMATERIAL MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 116
TABLE 86 METAMATERIAL MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 117
TABLE 87 RF: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 118
TABLE 88 RF: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 118
TABLE 89 RF: METAMATERIAL MARKET FOR OTHER PRODUCTS, BY REGION,
2020–2023 (USD MILLION) 118
TABLE 90 RF: METAMATERIAL MARKET FOR OTHER PRODUCTS, BY REGION,
2024–2029 (USD MILLION) 118
TABLE 91 RF: METAMATERIAL MARKET, BY REGION, 2020–2023 (USD MILLION) 119
TABLE 92 RF: METAMATERIAL MARKET, BY REGION, 2024–2029 (USD MILLION) 119
TABLE 93 RF: METAMATERIAL MARKET FOR OTHER PRODUCTS, BY REGION,
2020–2023 (USD THOUSAND) 119
TABLE 94 RF: METAMATERIAL MARKET FOR OTHER PRODUCTS, BY REGION,
2024–2029 (USD THOUSAND) 119
TABLE 95 OPTICAL: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 120
TABLE 96 OPTICAL: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 121
TABLE 97 OPTICAL: METAMATERIAL MARKET, BY REGION, 2020–2023 (USD MILLION) 121
TABLE 98 OPTICAL: METAMATERIAL MARKET, BY REGION, 2024–2029 (USD MILLION) 121
TABLE 99 OTHER APPLICATIONS: METAMATERIAL MARKET, BY REGION,
2020–2023 (USD MILLION) 122
TABLE 100 OTHER APPLICATIONS: METAMATERIAL MARKET, BY REGION,
2024–2029 (USD MILLION) 122
TABLE 101 METAMATERIAL MARKET, BY END USE, 2020–2023 (USD MILLION) 125
TABLE 102 METAMATERIAL MARKET, BY END USE, 2024–2029 (USD MILLION) 125
TABLE 103 METAMATERIAL MARKET, BY TYPE, 2020–2023 (USD MILLION) 133
TABLE 104 METAMATERIAL MARKET, BY TYPE, 2024–2029 (USD MILLION) 133
TABLE 105 ELECTROMAGNETIC: METAMATERIAL MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 134
TABLE 106 ELECTROMAGNETIC: METAMATERIAL MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 134
TABLE 107 ELECTROMAGNETIC: METAMATERIAL MARKET, BY PRODUCT,
2020–2023 (USD MILLION) 135
TABLE 108 ELECTROMAGNETIC: METAMATERIAL MARKET, BY PRODUCT,
2024–2029 (USD MILLION) 135
TABLE 109 ELECTROMAGNETIC: METAMATERIAL MARKET, BY REGION,
2020–2023 (USD MILLION) 135
TABLE 110 ELECTROMAGNETIC: METAMATERIAL MARKET, BY REGION,
2024–2029 (USD MILLION) 136
TABLE 111 OTHER METAMATERIAL MARKET, BY TYPE, 2020–2023 (USD MILLION) 138
TABLE 112 OTHER METAMATERIAL MARKET, BY TYPE, 2024–2029 (USD MILLION) 139
TABLE 113 METAMATERIAL MARKET, BY REGION, 2020–2023 (USD MILLION) 144
TABLE 114 METAMATERIAL MARKET, BY REGION, 2024–2029 (USD MILLION) 145
TABLE 115 NORTH AMERICA: METAMATERIAL MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 146
TABLE 116 NORTH AMERICA: METAMATERIAL MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 147
TABLE 117 NORTH AMERICA: METAMATERIAL MARKET, BY PRODUCT,
2020–2023 (USD MILLION) 147
TABLE 118 NORTH AMERICA: METAMATERIAL MARKET, BY PRODUCT,
2024–2029 (USD MILLION) 147
TABLE 119 NORTH AMERICA: METAMATERIAL MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 147
TABLE 120 NORTH AMERICA: METAMATERIAL MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 148
TABLE 121 NORTH AMERICA: METAMATERIAL MARKET, BY TYPE, 2020–2023 (USD MILLION) 148
TABLE 122 NORTH AMERICA: METAMATERIAL MARKET, BY TYPE, 2024–2029 (USD MILLION) 148
TABLE 123 US: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 149
TABLE 124 US: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 149
TABLE 125 CANADA: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 150
TABLE 126 CANADA: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 150
TABLE 127 MEXICO: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 151
TABLE 128 MEXICO: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 151
TABLE 129 EUROPE: METAMATERIAL MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 153
TABLE 130 EUROPE: METAMATERIAL MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 153
TABLE 131 EUROPE: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 153
TABLE 132 EUROPE: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 153
TABLE 133 EUROPE: METAMATERIAL MARKET, BY TYPE, 2020–2023 (USD MILLION) 154
TABLE 134 EUROPE: METAMATERIAL MARKET, BY TYPE, 2024–2029 (USD MILLION) 154
TABLE 135 GERMANY: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 154
TABLE 136 GERMANY: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 155
TABLE 137 UK: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 155
TABLE 138 UK: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 156
TABLE 139 FRANCE: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 156
TABLE 140 FRANCE: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 157
TABLE 141 REST OF EUROPE: METAMATERIAL MARKET, BY PRODUCT,
2020–2023 (USD MILLION) 157
TABLE 142 REST OF EUROPE: METAMATERIAL MARKET, BY PRODUCT,
2024–2029 (USD MILLION) 158
TABLE 143 ASIA PACIFIC: METAMATERIAL MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 160
TABLE 144 ASIA PACIFIC: METAMATERIAL MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 160
TABLE 145 ASIA PACIFIC: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 160
TABLE 146 ASIA PACIFIC: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 161
TABLE 147 ASIA PACIFIC: METAMATERIAL MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 161
TABLE 148 ASIA PACIFIC: METAMATERIAL MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 161
TABLE 149 ASIA PACIFIC: METAMATERIAL MARKET, BY TYPE, 2020–2023 (USD MILLION) 161
TABLE 150 ASIA PACIFIC: METAMATERIAL MARKET, BY TYPE, 2024–2029 (USD MILLION) 162
TABLE 151 CHINA: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 162
TABLE 152 CHINA: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 163
TABLE 153 JAPAN: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 164
TABLE 154 JAPAN: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 164
TABLE 155 SOUTH KOREA: METAMATERIAL MARKET, BY PRODUCT,
2020–2023 (USD MILLION) 165
TABLE 156 SOUTH KOREA: METAMATERIAL MARKET, BY PRODUCT,
2024–2029 (USD MILLION) 165
TABLE 157 INDIA: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 166
TABLE 158 INDIA: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 166
TABLE 159 REST OF ASIA PACIFIC: METAMATERIAL MARKET, BY PRODUCT,
2020–2023 (USD MILLION) 167
TABLE 160 REST OF ASIA PACIFIC: METAMATERIAL MARKET, BY PRODUCT,
2024–2029 (USD MILLION) 167
TABLE 161 ROW: METAMATERIAL MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 168
TABLE 162 ROW: METAMATERIAL MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 168
TABLE 163 ROW: METAMATERIAL MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 168
TABLE 164 ROW: METAMATERIAL MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 169
TABLE 165 ROW: METAMATERIAL MARKET, BY TYPE, 2020–2023 (USD MILLION) 169
TABLE 166 ROW: METAMATERIAL MARKET, BY TYPE, 2024–2029 (USD MILLION) 169
TABLE 167 ROW: METAMATERIAL MARKET, BY REGION, 2020–2023 (USD MILLION) 169
TABLE 168 ROW: METAMATERIAL MARKET, BY REGION, 2024–2029 (USD MILLION) 169
TABLE 169 MIDDLE EAST & AFRICA: METAMATERIAL MARKET, BY PRODUCT,
2020–2023 (USD MILLION) 170
TABLE 170 MIDDLE EAST & AFRICA: METAMATERIAL MARKET, BY PRODUCT,
2024–2029 (USD MILLION) 170
TABLE 171 MIDDLE EAST & AFRICA: METAMATERIAL MARKET, BY REGION,
2020–2023 (USD MILLION) 171
TABLE 172 MIDDLE EAST & AFRICA: METAMATERIAL MARKET, BY REGION,
2024–2029 (USD MILLION) 171
TABLE 173 SOUTH AMERICA: METAMATERIAL MARKET, BY PRODUCT,
2020–2023 (USD MILLION) 172
TABLE 174 SOUTH AMERICA: METAMATERIAL MARKET, BY PRODUCT,
2024–2029 (USD MILLION) 172
TABLE 175 SOUTH AMERICA: METAMATERIAL MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 173
TABLE 176 SOUTH AMERICA: METAMATERIAL MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 173
TABLE 177 METAMATERIAL MARKET: KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 175
TABLE 178 METAMATERIAL MARKET: MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2023 178
TABLE 179 METAMATERIAL MARKET: APPLICATION FOOTPRINT 184
TABLE 180 METAMATERIAL MARKET: PRODUCT FOOTPRINT 185
TABLE 181 METAMATERIAL MARKET: END USE FOOTPRINT 186
TABLE 182 METAMATERIAL MARKET: TYPE FOOTPRINT 187
TABLE 183 METAMATERIAL MARKET: REGION FOOTPRINT 188
TABLE 184 METAMATERIAL MARKET: LIST OF STARTUPS/SMES 191
TABLE 185 METAMATERIAL MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SME 192
TABLE 186 METAMATERIAL MARKET: PRODUCT LAUNCHES,
JANUARY 2020–SEPTEMBER 2024 194
TABLE 187 METAMATERIAL MARKET: DEALS, JANUARY 2020–SEPTEMBER 2024 198
TABLE 188 METAMATERIAL MARKET: EXPANSIONS, JANUARY 2020–SEPTEMBER 2024 203
TABLE 189 METAMATERIAL MARKET: OTHER DEVELOPMENTS,
JANUARY 2020–SEPTEMBER 2024 204
TABLE 190 KYMETA CORPORATION: COMPANY OVERVIEW 205
TABLE 191 KYMETA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 206
TABLE 192 KYMETA CORPORATION: PRODUCT LAUNCHES 207
TABLE 193 KYMETA CORPORATION: DEALS 208
TABLE 194 METALENZ, INC.: COMPANY OVERVIEW 211
TABLE 195 METALENZ, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 211
TABLE 196 METALENZ, INC.: PRODUCT LAUNCHES 212
TABLE 197 METALENZ, INC.: DEALS 213
TABLE 198 ALCAN SYSTEMS GMBH I.L.: COMPANY OVERVIEW 216
TABLE 199 ALCAN SYSTEMS GMBH I.L.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 216
TABLE 200 ALCAN SYSTEMS GMBH I.L.: PRODUCT LAUNCHES 217
TABLE 201 ALCAN SYSTEMS GMBH I.L.: DEALS 218
TABLE 202 ECHODYNE CORP.: COMPANY OVERVIEW 219
TABLE 203 ECHODYNE CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 219
TABLE 204 ECHODYNE CORP.: PRODUCT LAUNCHES 220
TABLE 205 ECHODYNE CORP.: DEALS 221
TABLE 206 PIVOTAL COMMWARE: COMPANY OVERVIEW 223
TABLE 207 PIVOTAL COMMWARE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 223
TABLE 208 PIVOTAL COMMWARE: PRODUCT LAUNCHES 224
TABLE 209 PIVOTAL COMMWARE: DEALS 224
TABLE 210 GREENERWAVE: COMPANY OVERVIEW 226
TABLE 211 GREENERWAVE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 226
TABLE 212 GREENERWAVE: PRODUCT LAUNCHES 227
TABLE 213 GREENERWAVE: DEALS 228
TABLE 214 EDGEHOG: COMPANY OVERVIEW 230
TABLE 215 EDGEHOG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 230
TABLE 216 METAMAGNETICS: COMPANY OVERVIEW 232
TABLE 217 METAMAGNETICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 232
TABLE 218 METAMAGNETICS: PRODUCT LAUNCHES 233
TABLE 219 METAMAGNETICS: OTHER DEVELOPMENTS 234
TABLE 220 FRACTAL ANTENNA SYSTEMS, INC.: COMPANY OVERVIEW 235
TABLE 221 FRACTAL ANTENNA SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 235
TABLE 222 FRACTAL ANTENNA SYSTEMS, INC.: EXPANSIONS 236
TABLE 223 LUMOTIVE: COMPANY OVERVIEW 237
TABLE 224 LUMOTIVE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 237
TABLE 225 LUMOTIVE: PRODUCT LAUNCHES 238
TABLE 226 LUMOTIVE: DEALS 238
TABLE 227 TERAVIEW LIMITED: COMPANY OVERVIEW 239
TABLE 228 TERAVIEW LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 239
TABLE 229 TERAVIEW LIMITED: PRODUCT LAUNCHES 240
TABLE 230 2PI INC.: COMPANY OVERVIEW 241
TABLE 231 META MATERIALS INC.: COMPANY OVERVIEW 242
TABLE 232 MOXTEK, INC.: COMPANY OVERVIEW 243
TABLE 233 PLASMONICS INC.: COMPANY OVERVIEW 244
TABLE 234 SINTEC OPTRONICS PTE LTD.: COMPANY OVERVIEW 245
TABLE 235 PHONONIC VIBES S.R.L.: COMPANY OVERVIEW 246
TABLE 236 PHOEBUS OPTOELECTRONICS LLC: COMPANY OVERVIEW 247
TABLE 237 APPLIED METAMATERIALS: COMPANY OVERVIEW 248
TABLE 238 AMG: COMPANY OVERVIEW 249
TABLE 239 RADI-COOL SDN BHD: COMPANY OVERVIEW 250
TABLE 240 METABOARDS: COMPANY OVERVIEW 250
TABLE 241 JEM ENGINEERING: COMPANY OVERVIEW 251
TABLE 242 METASONIXX: COMPANY OVERVIEW 252
TABLE 243 THORLABS, INC.: COMPANY OVERVIEW 253
TABLE 244 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW 254
TABLE 245 NIL TECHNOLOGY: COMPANY OVERVIEW 255
TABLE 246 ZTE CORPORATION: COMPANY OVERVIEW 256
LIST OF FIGURES
FIGURE 1 METAMATERIAL MARKET SEGMENTATION 27
FIGURE 2 RESEARCH DESIGN 30
FIGURE 3 METAMATERIAL MARKET: BOTTOM-UP APPROACH 36
FIGURE 4 METAMATERIAL MARKET: TOP-DOWN APPROACH 37
FIGURE 5 MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS 38
FIGURE 6 MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS 39
FIGURE 7 METAMATERIAL MARKET: DATA TRIANGULATION 40
FIGURE 8 METAMATERIAL MARKET SNAPSHOT 43
FIGURE 9 OPTICAL SEGMENT TO SECURE LARGEST MARKET SHARE
DURING FORECAST PERIOD 43
FIGURE 10 ANTENNAS, RADAR, AND RIS SEGMENT TO DOMINATE MARKET
DURING FORECAST PERIOD 44
FIGURE 11 ELECTROMAGNETIC SEGMENT TO HOLD MAJOR SHARE
DURING FORECAST PERIOD 44
FIGURE 12 PHOTOVOLTAICS SEGMENT TO WITNESS HIGHEST CAGR
DURING FORECAST PERIOD 45
FIGURE 13 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 46
FIGURE 14 EXPANSION IN RENEWABLE ENERGY SECTOR TO DRIVE MARKET 47
FIGURE 15 SENSORS & BEAM STEERING MODULES TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 48
FIGURE 16 RF TO BE DOMINANT SEGMENT DURING FORECAST PERIOD 48
FIGURE 17 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE
DURING FORECAST PERIOD 49
FIGURE 18 ELECTROMAGNETIC PROJECTED TO HOLD MAJOR SHARE
DURING FORECAST PERIOD 49
FIGURE 19 NORTH AMERICA ACCOUNT TO BE LARGEST MARKET FOR METAMATERIAL 50
FIGURE 20 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 50
FIGURE 21 METAMATERIAL MARKET DYNAMICS 51
FIGURE 22 GLOBAL 5G MOBILE SUBSCRIPTIONS, 2020-2029 (MILLION UNITS) 53
FIGURE 23 IMPACT ANALYSIS OF DRIVERS ON METAMATERIAL MARKET 54
FIGURE 24 IMPACT ANALYSIS OF RESTRAINTS ON METAMATERIAL MARKET 55
FIGURE 25 IMPACT ANALYSIS OF OPPORTUNITIES ON METAMATERIAL MARKET 58
FIGURE 26 IMPACT ANALYSIS OF CHALLENGES ON METAMATERIAL MARKET 60
FIGURE 27 VALUE CHAIN ANALYSIS 61
FIGURE 28 ECOSYSTEM ANALYSIS 63
FIGURE 29 INVESTMENT AND FUNDING SCENARIO, 2020–2024 64
FIGURE 30 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 65
FIGURE 31 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS, 2023 68
FIGURE 32 AVERAGE SELLING PRICE OF METAMATERIAL-BASED ANTENNAS,
BY REGION, 2020–2023 69
FIGURE 33 AVERAGE SELLING PRICE OF METAMATERIAL-BASED LENSES,
BY REGION, 2020–2023 69
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE 70
FIGURE 35 KEY BUYING CRITERIA, BY END USE 71
FIGURE 36 METAMATERIAL MARKET: PORTER’S FIVE FORCES ANALYSIS 72
FIGURE 37 IMPACT OF PORTER’S FIVE FORCES 73
FIGURE 38 IMPORT DATA FOR HS CODE 28, BY COUNTRY, 2019–2023 76
FIGURE 39 EXPORT DATA FOR HS CODE 28, BY COUNTRY, 2019–2023 77
FIGURE 40 PATENT ANALYSIS 78
FIGURE 41 IMPACT OF AI/GEN AI ON METAMATERIAL MARKET 87
FIGURE 42 SENSORS & BEAM STEERING MODULES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 89
FIGURE 43 OPTICAL SEGMENT TO DOMINATE DURING FORECAST PERIOD 116
FIGURE 44 PHOTOVOLTAICS SEGMENT TO REGISTER HIGHEST CAGR SHARE
DURING FORECAST PERIOD 124
FIGURE 45 ELECTROMAGNETIC SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE
DURING FORECAST PERIOD 133
FIGURE 46 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 144
FIGURE 47 NORTH AMERICA: METAMATERIAL MARKET SNAPSHOT 146
FIGURE 48 EUROPE: METAMATERIAL MARKET SNAPSHOT 152
FIGURE 49 ASIA PACIFIC: METAMATERIAL MARKET SNAPSHOT 159
FIGURE 50 METAMATERIAL MARKET SHARE ANALYSIS, 2023 178
FIGURE 51 METAMATERIAL MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2018–2023 180
FIGURE 52 METAMATERIAL MARKET: COMPANY VALUATION, 2024 (USD MILLION) 180
FIGURE 53 METAMATERIAL MARKET: FINANCIAL METRICS, 2024 (USD BILLION) 181
FIGURE 54 METAMATERIAL MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 182
FIGURE 55 METAMATERIAL MARKET: COMPANY FOOTPRINT 183
FIGURE 56 METAMATERIAL MARKET: COMPANY EVALUATION MATRIX
(STARTUPS/SMES), 2023 190
FIGURE 57 METAMATERIAL MARKET: BRAND/PRODUCT COMPARISON 193