Metamaterials Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Metamaterials Market Report Segments the Industry by Type (Electromagnetic, Terahertz, Tunable, Photonic, and More), Application (Antenna and Radar, Sensors, Cloaking Devices, Superlens, and More), End-User Industry (Healthcare, Telecommunication, and More), and Geography (Asia-Pacific, North America, Europe, South America, and More). The Market Forecasts are Provided in Terms of Value (USD).

Metamaterials Market Size and Share

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Metamaterials Market Analysis by Mordor Intelligence

The Metamaterials Market size is estimated at USD 1.53 billion in 2025, and is expected to reach USD 5.21 billion by 2030, at a CAGR of 27.65% during the forecast period (2025-2030). North America holds the leading 35.88% regional slice and is also the fastest-growing territory, propelled by a 28.92% CAGR through 2030. Demand pivots on 5G/6G roll-outs, defense stealth requirements, and energy-efficient devices. Electromagnetic metamaterials account for 44.19% of revenue thanks to their versatile role in antennas and frequency-selective surfaces. Antenna and radar systems already command 62.94% of spending, and aerospace and defense buyers contribute 54.19% of end-user demand. The competitive field remains fragmented as niche specialists commercialize proprietary designs. High fabrication costs and limited standardization still curb wider uptake, but rapid advances in additive manufacturing and nanofabrication are narrowing these constraints.

Key Report Takeaways

  • By type, electromagnetic metamaterials led with 44.19% revenue share in 2024 and are projected to grow at a 29.27% CAGR through 2030.
  • By application, antenna and radar systems captured 62.94% of the metamaterials market share in 2024 and are expanding at a 29.46% CAGR to 2030.
  • By end-user industry, aerospace and defense held 54.19% of the metamaterials market size in 2024 and is set to post a 30.67% CAGR through 2030.
  • By region, North America controlled 35.88% of 2024 revenues, while Asia-Pacific records the second-fastest CAGR through 2030 at 28.12%.

Segment Analysis

By Type: Electromagnetic Metamaterials Sustain Market Leadership

Electromagnetic variants accounted for 44.19% of 2024 revenue and are forecast to expand at 29.27% CAGR, reinforcing their role as the cornerstone of the metamaterials market. Their integration into frequency-selective panels, phased-array antennas, and negative-index lenses drives pervasive demand across telecom and defense. In value terms, this cohort represented USD 722.59 million of the metamaterials market size and is on track to cross USD 3.0 billion by 2030. The rise of terahertz detection, powered by graphene resonators with heightened biochemical sensitivity, amplifies future opportunities.

Emerging niches such as acoustic, hyperbolic, and negative-index formats broaden the functional palette. Acoustic structures dampen machinery vibration in industrial plants, supported by EU-funded METAVISION trials. Hyperbolic slabs channel sub-diffraction photons for super-resolution imaging, an asset in medical diagnostics. Hybrid stacks that fuse multiple classes unlock multi-modal control over sound, heat, and light within a single laminate. Research interest therefore accelerates diversification while reinforcing electromagnetic dominance at scale.

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Note: Segment shares of all individual segments available upon report purchase

By Application: Antenna and Radar Systems Drive Revenue Expansion

Antenna and radar deployments translated into 62.94% of the metamaterials market share. Gain improvements up to 27 dB and reduced profile height meet stringent 5G, 6G, and satellite link budgets. This application is slated to compound at 29.46% through 2030, taking the lion’s share of incremental revenue. Sensors hold the second-largest slot, buoyed by dual-band absorbers exceeding 99% absorption in the S and C bands.

Cloaking devices, although nascent, capture defense R&D funds for low-observable platforms. Superlenses challenge optical diffraction limits, gaining traction in non-invasive biomedical imaging. Light and sound filters that exploit angular-stable surfaces convert linear to circular polarization in 5G bands, essential for dense urban networks. Solar-energy harvesters and electromagnetic absorbers round out a diversified pipeline, illustrating the broadening footprint of the metamaterials market.

By End-User Industry: Aerospace and Defense Maintains Strategic Dominance

Aerospace and defense accounted 54.19% of segment revenue in 2024 and will grow at 30.67% CAGR through 2030. Performance-critical missions adopt metasurface antennas such as the Goshawk u8 to assure encrypted multi-orbit connectivity. Telecommunications follows as operators retrofit existing towers with low-profile panels that mitigate beam squint across mmWave spectra.

Electronics OEMs employ conductive grids and loops patterned on thin laminates to suppress electromagnetic interference inside laptops and wearables, a trend supported by patents describing tunable frequency-selective responses. Healthcare innovators adapt metamaterial stents that adjust compliance in sync with arterial pulses. Automotive, energy, and consumer electronics segments collectively contribute a growing revenue tail as industry awareness matures.

Metamaterials Market: Market Share by End-user Industry
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Note: Segment shares of all individual segments available upon report purchase

Geography Analysis

North America translated a 35.88% stake and the highest regional CAGR of 28.92%. Federal investments of USD 386.67 million for advanced manufacturing and workforce programs reinforce a robust innovation ecosystem[3]Ministry of Electronics and Information Technology, “Annual Report 2024-2025,” meity.gov.in . Concentrated aerospace, defense, and telecom primes guarantee early-stage demand, enabling local suppliers to refine mass-production methods.

Asia-Pacific follows as industrialization and electronics capacity converge with sizable public funding. China’s strategic technology plans channel resources into 6G and satellite networks, accelerating local adoption of metasurfaces for base-station and handset antennas. India’s electronics output grew from INR 5.54 lakh crore (USD 76 billion) in FY 2020-21 to INR 9.52 lakh crore (USD 115 billion) in FY 2023-24 under the PLI scheme, providing fertile ground for semiconductor-grade metamaterial components. Japan and South Korea refine high-frequency radar absorbers for autonomous vehicles and smart factories.

Europe commands a sizeable share thanks to public-private programs targeting advanced materials under the UK Innovation Strategy and Germany’s Industry 4.0 roadmap. Field trials in low-field MRI and industrial noise abatement testify to a thriving collaboration network. Policy frameworks emphasize open test beds and standardization, steering the metamaterials market toward cross-border scalability.

South America and the Middle East & Africa represent emerging frontiers, leveraging metamaterial-enhanced telecom backbones to leapfrog legacy infrastructure. Energy-harvesting metasurfaces that power remote sensor nodes align with regional off-grid electrification priorities, signaling untapped potential once cost barriers abate.

Metamaterials Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Competitive Landscape

The metamaterials market is fragmented in nature and is characterized by a mix of boutique inventors, university spin-offs, and established defense and telecom suppliers, leveraging proprietary design algorithms, tunable substrates, and integrated pilot lines for competitive advantage. Kymeta's Goshawk u8 demonstrates scalable metasurface panels for military and civil satellite broadband applications. Strategic partnerships, such as Multiwave Technologies' collaboration with Aix-Marseille University to miniaturize portable MRI scanners using metamaterial coils, highlight academia-industry synergy. Patent filings on conductive grids with dielectric spacers underscore the race for tunable frequency-selective filters critical for 5G beam-forming modules. Large OEMs are pursuing acquisitions to integrate metasurfaces into products like smartphones, phased-array radars, and EV battery thermal managers. As costs decline and standards mature, the market is expected to consolidate, transitioning from fragmented labs to dominant integrated suppliers over the forecast period.

Metamaterials Industry Leaders

  1. Kymeta Corporation

  2. Echodyne Corp.

  3. TeraView Limited

  4. NKT Photonics A/S

  5. Meta Materials Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Metamaterials Market
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Recent Industry Developments

  • November 2024: Kymeta Corporation launched the Goshawk u8, a hybrid GEO-LEO flat-panel antenna. Featuring proprietary metasurface technology, it ensures seamless communication across geostationary, low-Earth orbit, and cellular networks, offering unmatched reliability in rugged terrains without requiring a dish or moving parts.
  • February 2024: Geneva-based Multiwave Technologies partnered with Aix-Marseille University to advance ultra-low field MRI. Following the launch of its portable brain imaging MRI device, this collaboration leverages AI, metamaterials, and clinical expertise, marking a significant step in medical diagnostics innovation.

Table of Contents for Metamaterials Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Expansion of 5G and 6G Network Plan
    • 4.2.2 Advancements in Nanotechnology and Material Science
    • 4.2.3 Growing Advancements in Quantum Computing and Photonics
    • 4.2.4 Increasing Demand from the Aerospace and Defense Industry
    • 4.2.5 Growing Emphasis on Energy Efficiency and Sustainability
  • 4.3 Market Restraints
    • 4.3.1 Lack of Awareness of Benefits of Metamaterials
    • 4.3.2 Cost of Synthesization of Metamaterials
    • 4.3.3 Concerns of Material Durability and Standardization
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition
  • 4.6 Patent Analysis

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Type
    • 5.1.1 Electromagnetic
    • 5.1.2 Terahertz
    • 5.1.3 Photonic
    • 5.1.4 Tunable
    • 5.1.5 Frequency Selective Surface (FSS)
    • 5.1.6 Other Types(Acoustic, Negative-Index and Hyperbolic, Non-linear and Chiral)
  • 5.2 By Application
    • 5.2.1 Antenna and Radar
    • 5.2.2 Sensors
    • 5.2.3 Cloaking Devices
    • 5.2.4 Superlens
    • 5.2.5 Light and Sound Filtering
    • 5.2.6 Other Applications (Solar, Absorbers, etc.)
  • 5.3 By End-user Industry
    • 5.3.1 Aerospace and Defense
    • 5.3.2 Telecommunications
    • 5.3.3 Electronics
    • 5.3.4 Healthcare
    • 5.3.5 Other End user Industries (Automotive and Transportation, Energy and Power, etc.)
  • 5.4 By Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Spain
    • 5.4.3.6 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle East Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Acoustic Metamaterials Group Limited (AMG)
    • 6.4.2 Echodyne Corp.
    • 6.4.3 Evolv Technologies, Inc.
    • 6.4.4 Fractal Antenna Systems, Inc
    • 6.4.5 JEM Engineering
    • 6.4.6 Kymeta Corporation
    • 6.4.7 Meta Materials Inc.
    • 6.4.8 Metalenz, Inc.
    • 6.4.9 Metamagnetics
    • 6.4.10 Multiwave Technologies
    • 6.4.11 Nanohmics Inc.
    • 6.4.12 Nanoscribe GmbH and Co. KG
    • 6.4.13 NanoSonic, Inc.
    • 6.4.14 NKT Photonics A/S
    • 6.4.15 Pivotal Commware
    • 6.4.16 Teraview Limited

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-need Assessment
  • 7.2 Use of Metamaterials in Solar Systems
  • 7.3 Metamaterial-based Radars for Drones
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Global Metamaterials Market Report Scope

Metamaterials are engineered composites designed to alter the electromagnetic properties of materials to obtain responses that are not observed naturally. 

The Metamaterials Market is segmented by type, application, end-user industry, and geography. By type, the market is segmented into electromagnetic, terahertz, tunable, photonic, FSS, and other types. By application, the market is segmented into antenna and radar, sensors, cloaking devices, superlens, light and sound filtering, and other applications. By end-user industry, the market is segmented into healthcare, telecommunication, aerospace and defense, electronics, and other end-user industries. The report also covers the size and forecasts for the market in 16 countries across major regions. The report offers market size and forecasts for all the above segments in terms of revenue (USD million).

By Type Electromagnetic
Terahertz
Photonic
Tunable
Frequency Selective Surface (FSS)
Other Types(Acoustic, Negative-Index and Hyperbolic, Non-linear and Chiral)
By Application Antenna and Radar
Sensors
Cloaking Devices
Superlens
Light and Sound Filtering
Other Applications (Solar, Absorbers, etc.)
By End-user Industry Aerospace and Defense
Telecommunications
Electronics
Healthcare
Other End user Industries (Automotive and Transportation, Energy and Power, etc.)
By Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East Africa
By Type
Electromagnetic
Terahertz
Photonic
Tunable
Frequency Selective Surface (FSS)
Other Types(Acoustic, Negative-Index and Hyperbolic, Non-linear and Chiral)
By Application
Antenna and Radar
Sensors
Cloaking Devices
Superlens
Light and Sound Filtering
Other Applications (Solar, Absorbers, etc.)
By End-user Industry
Aerospace and Defense
Telecommunications
Electronics
Healthcare
Other End user Industries (Automotive and Transportation, Energy and Power, etc.)
By Geography
Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East Africa
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Key Questions Answered in the Report

What is the current Metamaterials Market size?

The metamaterials market stands at USD 1.53 billion in 2025.

Which region leads the metamaterials market?

North America holds the largest 35.88% share and posts the highest regional CAGR of 28.92% through 2030

Which application area generates the most revenue?

Antenna and radar systems account for 62.94% of 2024 spending and grow at 29.46% CAGR to 2030.

Why are aerospace and defense companies adopting metamaterials?

Metamaterials enable stealth coatings, high-gain low-profile antennas, and frequency-agile radomes that can withstand harsh mission environments.

Page last updated on: July 3, 2025

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