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Metamaterials Market: Growth Opportunities Across Radio-Frequency and Optical Metamaterials
A particularly significant emergent application of electromagnetic metamaterials is in telecommunications. mmWave 5G and, ultimately, 6G communications networks promise faster internet speeds but are limited by high signal attenuation. Reconfigurable intelligent surfaces (RIS) based on metamaterials offer a solution, promising wide area coverage at low energy consumption. RIS reflect and potentially even direct signals directly to end users, increasing signal range and strength. Metamaterial-based coatings may also be integrated with windows to reflect beams around obstacles for better signal coverage in urban areas or to improve signal transmission for better indoor signal coverage.
Today, the technology for RIS remains in developmental stages and is estimated to exist around Technological Readiness Levels (TRL) of around six to seven. This, paired with a relatively immature market, means commercialization is still some time away. However, the potential market is large and RIS provide clear value to high-frequency telecommunications, which is expected to justify significant uptake.
Major developments are also occurring at the other end of the frequency spectrum, with metamaterial lenses (metalenses) beginning commercialization. These offer the potential for significantly smaller form factors than conventional lenses while retaining and even improving optical performance – space-constrained smartphones are a substantial target market. Compatibility with conventional semiconductor manufacturing techniques further ensures scalability, with simplified supply chains potentially reducing costs.
IDTechEx's new report "Metamaterials Markets 2023-2043: Optical and Radio-Frequency" answers multiple key questions, including:
To find out more about IDTechEx's technical and commercial analysis of the optical and radio-frequency metamaterials industry, and our extensive portfolio of detailed market research across a wide range of emerging technologies, please visit www.IDTechEx.com/Meta.
IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.
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