Global Metamaterials Market to Exceed Us$1.2 Bn by 2020, Impelled by Surge in Wireless Mobile Communication Services.Pdf

Transparency Market

Research

Metamaterials Technologies Market- Global Industry

Analysis, Size, Share, Trends & Forecast 2014-2020

Published Date

05-Feb-2015

84 Page Report

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Global Metamaterials Market to Exceed US$1.2 bn by 2020, Impelled by Surge in

Wireless Mobile Communication Services:TMR

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Metamaterials Market

REPORT DESCRIPTION

Metamaterials Technologies Market for Communication & Radar,

Imaging Solar, Acoustic Devices and Other Applications - Global

Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 –

2020

The global metamaterials market will exhibit a CAGR of 21.6% from 2014 through 2020. The market was

valued at US$322.6 mn in 2013. It is expected to reach US$1.27 bn by the end of 2020, according to a

research report released by Transparency Market Research. The report is titled, “Metamaterials

Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020”.

According to the report, the global metamaterials market is being propelled by a rising demand for wireless

mobile communication. The market is also flourishing due to a demand for increasing the efficiency of solar PV

cells, along with a growing interest in investments by venture capital firms.The future of the global

metamaterials market also lies in medical applications through the use of graphene-based metamaterials.

Even so, the global metamaterials market is hampered by the lack of awareness regarding the commercial

uses of metamaterials. Another hindrance to the global metamaterials market is the set of problems faced in

mass producing metamaterials.

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