Metamaterial devices are poised to grow to $10.7 billion by 2030 in 5G networks, autonomous vehicles, connected vehicles, and more. The team at Lux Research analysed the market landscape to understand where and how this technology will drive future growth in their new report, “Metamaterials Market Forecast.”

The report reveals how metamaterial designs enable devices that achieve much higher performance and efficiency than conventional offerings. Metamaterials are being deployed for telecommunication antennas, electromagnetic sensors like radar and lidar, vibration damping, energy harvesting, and wireless charging. Critically, these metamaterial devices all use combinations of standard, existing materials. Moreover, advances in manufacturing technologies, from 3D printing to lithography, now enable startups to cost-effectively manufacture these devices at scale.