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Metamaterial Technologies Market Global Trends 2017 to 2024, Future Growth & Industry Drivers

Metamaterial Technologies Market Global Trends 2017 to 2024,

The rapid expansion of Metamaterial Technologies Market can be credited to a flood of parameters, the principal one being the generous funding granted by private investors and regulatory authorities. The latest news about Pivotal Commware raising USD 17 million from prominent investors is an instance of the aforementioned fact. Elaborating further, Pivotal Commware, a very recent entrant in global metamaterial technologies industry, is reportedly the brainchild of Intellectual Ventures, the renowned private company that caters to the patent licensing of intellectual property. While the number of investors who backed this metamaterial technologies market novice is unknown, what is important is that the investor list includes the Microsoft pioneer, Bill Gates.

Global Market Insights has a new study based report titled " Metamaterial Technologies Market Size By Product (Radio & Microwave, Photonic, Terahertz, Acoustic), By Application (Communication & Radar, Imaging, Solar, Acoustic Devices), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024".

Request for sample pages of this report@
https://www.gminsights.com/request-sample/detail/1670

One of the key regions that has been forecast to be a lucrative ground for the development of metamaterial technologies industry is North America. The region encompasses numerous venture capital firms that readily provide adequate funding to the start-ups that focus on exploiting the projected opportunities in metamaterial technologies market. Augmented by heavy product demand across the industrial & defense applications, the region accounted for more than 50% of the overall metamaterial technologies industry share in 2016, with a valuation of USD 300 million. The regional governments of U.S. and Canada also provide adequate funding to startups and other entrants in this business space, pertaining to which North America metamaterial technologies market will grow at a profitable rate over 2017-2024.

The report offers all-inclusive analysis of:

1 Market structure
2 Factors restraining market growth
3 Market growth drivers
4 Opportunities and challenges
5 Market estimations and forecast for projected period

Kymeta Corporation, one of major biggies accumulating a key share of metamaterial technologies industry, recently signed an agreement with Intelsat with a view to offer a superior, path-breaking satellite service. In addition, the company signed a deal with SKY Perfect JSAT to develop novel satellite connectivity options across APAC. These strategic ventures clearly depict the massive reach of global metamaterial technologies market currently.

Since metamaterials are extensively used for radio frequency identification (RFID) system and antenna applications, business players have been striving to develop enhanced technologies to exploit the product usage in such applications. For the record, Kymeta is renowned for manufacturing software-based, metamaterials-deployed electronic antennas for satellite communications for connected transportation. Other key rivals of Kymeta include Echodyne, Luminus Devices Inc., Metamagnetics Inc., Evolv Technologies, Nanosteel Company, Alight Technologies, Fractal Antenna Systems, Metamaterial Technologies, and Medical Wireless Sensing Ltd.

The Metamaterial Technologies Market Report Consists of,

1. Methodology and Scope
2. Executive Summary
3. Metamaterial Technologies Market Industry Insights

3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights

Browse Metamaterial Technologies Market report summary@
https://www.gminsights.com/industry-analysis/metamaterial-technologies-market

3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends

4. Metamaterial Technologies Market Product Insights

Global metamaterial technologies market is segmented, based on product types, into photonic, radio & microwave, acoustic, terahertz, and other products such as infrared, ultraviolet (UV), etc. This radio & microwave product segment is expected to occupy a significant share of the metamaterial technologies market during the forecast period owing to the products usage in radar & communication, navigation and spectroscopy applications. In 2016, this segment generated revenue more than USD 250 million and will witness a fast-paced growth at a CAGR of more than 22%.

5. Metamaterial Technologies Market Application Insights

There are four major application categories in the global metamaterial technologies market which include communication & radar, imaging, solar, acoustic devices, and other applications such as cloaking devices, seismic protection, etc. Solar application segment revenue in 2016 was more than USD 30 million and is expected to grow at a substantial rate in the coming years. The growth of this segment will be propelled by rising clean energy demand and the product’s advantages over other solar panel coating materials.

6. Metamaterial Technologies Market Regional Insights

North America is a major metamaterial technologies market accounting for more than half of the global share in 2016 and earning a revenue over USD 300 million. This region is expected to witness high growth due to generous grants by the U.S and Canadian governments to companies involved in research on radio & microwave, optical, and acoustic products. Demand for the product from consumer, industrial, and defense applications will likely augment the regional market.

Asia Pacific metamaterial technologies market was valued above USD 85 million in 2016 and is expected to grow healthily in the forecast spell. China, India, Japan, Singapore, and South Korea will be the chief contributors to the industry growth in this region. Heightened research activity, mostly in the field of medical application of the product, is expected to propel the metamaterial technologies market in Asia Pacific.

Inquire About to purchase this research report@
www.gminsights.com/inquiry-before-buying/1670

7. Competitor Profiles

Global metamaterial technologies market is highly fragmented with U.S based companies accounting for a major chunk of the market. Kymeta Corporation, Echodyne, Evolv Technologies, Metamagnetics Inc., and Metamaterial Technologies are the major product manufacturers. Other important industry players include Applied EM Inc., Alight Technologies, Colossal Storage Corporation, Fianium, Fractal Antenna Systems, Inframat Corporation, Luminus Devices Inc, Medical Wireless Sensing Ltd., Nanosteel Company, Opalux, and Sandvik Materials Technology AB.

About Global Market Insights, Inc.:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/

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