PRN: Global Metamaterials Market to Reach $1.43 Billion by 2022 - By Metamaterial Type, Product Type, Application & Geography - Research and Markets
Global Metamaterials Market to Reach $1.43 Billion by 2022 - By Metamaterial Type, Product Type, Application & Geography - Research and Markets
DUBLIN, Mar 15, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Metamaterials Market - Analysis & Forecasts - 2016 to 2022" report to their offering.
In spite of the high rate of initial investment and risks perceived by the investors, the industry is expected to grow over $1.43 billion by 2022 at a CAGR of 21.6% between 2016 and 2022, with North America region leading the market. Additionally, APAC has the highest potential to grow in the forecast period due to the presence of emerging economies such as China.
Antennas are currently dominating the market and are used in varied applications. Electromagnetic based metamaterials currently has the largest share in the metamaterials market, followed by terahertz and photonic segments.
This growth in the market is attributed to their increasing usage of metamaterials in research and development, superior properties of metamaterials over conventional materials, and high demand from various end-use industries such as telecommunication, aerospace & defense, and medical instrumentation.
The report addresses the following key questions about the global automotive brakes market:
Key Topics Covered:
For more information about this report visit http://www.researchandmarkets.com/research/v7bwlg/global
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