Metamaterials’ Global Market Predicted to Reach $1.9 Billion by 2021

Electronics.ca Publications is a network related to market research and knowledge of the electronics industry network. It declared the introduction of a new report titled ‘Metamaterials: Technologies and Global Markets’.

The development of an invisibility shield, by David R. Smith and other researchers of Duke University in October 2006, was reported, wherein the researchers used concentric rings of fiberglass, C-shaped split rings and circuit boards printed with scale metal wires to divert microwaves surrounding a metal cylinder located at the center of the ring.

The invisibility cloak could be one of the best logical approaches with metamaterials, which are composites created with specific patterns of two or more distinct materials.

Several novel and innovative approaches can be developed with Metamaterials. This report’s objective is to analyze the upcoming technologies and applications concerned with the metamaterials. In addition, a relevant forecast on the possible developments and improvements on commercial sales for the next 5 - 10 years is required. This is followed by quantitative estimation of potential sales. The report focuses on the improvements to be made to the market applications by 2021, rather than predicting only the future technology applications.

The report intends in recognizing the proficient metamaterials with increased commercial potential that are capable of considerable growth from 2012 to 2021. The report also analyzes the possible barriers for successful sales, and the identification of market drivers that will support the achievement.

This report mainly includes particular technologies. It is relatively non-technical and provides elaborate information about the products, its price, its marketing quantity, and more.

Source: http://www.electronics.ca/

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