According to a recently published report by Brisk Insights, Metamaterials Technology Market is expected to grow at the CAGR of 25.1% during 2015-2022. The global Metamaterials technology market is segmented on the basis of type, device type, application and geography. The report on global Metamaterials technology market forecast 2015-2022 provides detailed overview and predictive analysis of the market.
The major factors driving the market are continuous research and development taking place in the field proving better and innovative products. Also metamaterials has many unique properties due to which it is used in many varied fields and it is boosting the metamaterials market. Also large investments by the federal agencies are acting as a boon for the market. Metamaterials market is also expanding due to the rising economies in Asia Pacific region.
Full report available global Metamaterials technology market forecast 2015-2022 report at http://www.briskinsights.com/report/metamaterials-market-forecast-2015-2022
There are many factors which act as restraint for the market such as high cost of synthetization. Also there is unavailability of proper technology due to which the market is facing difficulty in its growth.
Some of the key market players of the industry are Jem Engineering, Microwave Measurement Systems LLC, Plasmonics Inc., Nanohmics Inc., and Kymeta Corporation.
Release ID: 742