Metamaterials Market Size To Reach $3.73 Billion By 2033

January 2026 | Report Format: Electronic (PDF)

Metamaterials Market Growth & Trends

The global metamaterials market size is expected to reach USD 3.73 billion by 2033, registering a CAGR of 16.2% from 2026 to 2033, according to a new report by Grand View Research, Inc. owing to Increasing demand from various end-use industries, including consumer electronics and medical, is driving the growth of the market. In addition, growing application scope in the aerospace & defense industry is expected to further fuel the demand growth during the forecast period.

Metamaterials are composite materials specially engineered to have properties that are not found in nature and thus is used in formulation processes across various end-use industries. The key end-use industries, include aerospace & defense, medical, automotive, consumer electronics, and energy & power.

In terms of revenue, the aerospace & defense accounted for the largest share of the industry revenues in 2016 and is anticipated to continue its dominance over the forecast period, projected to grow at a CAGR of 15.2%. The increasing need for advanced telecommunications and safety devices in the aerospace and automotive industries is expected to drive the industry growth.

Different types of metamaterials are used in the different application segments depending upon the requirement of the end use verticals. Metamaterials are also being used in the medical and energy & power industries, owing to its superior properties such as the ability to manipulate electromagnetic waves and provide better imaging in medical equipment.

The demand for metamaterials is expected to be primarily driven by the growth of the end-use verticals in the Asia Pacific region. The growth of the consumer electronics and aerospace & defense industries in the region is likely to have positive impacts on the overall industry growth during the forecast period.

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Metamaterials Market Report Highlights

The electromagnetic segment accounted for 29.2% of the market revenue in 2025, primarily due to its extensive applications across various industries, particularly in telecommunications and defense.
The antenna segment held the largest revenue share of 44.8% in 2025, primarily due to the increasing demand for advanced communication systems, particularly with the rollout of 5G technology.
The consumer electronics segment dominated the market with the largest revenue share of 33.2% in 2025, due to the increasing demand for high-performance, compact, and energy-efficient electronic devices.
North America metamaterials industry dominated the global market with a revenue share of 40.0% in 2025, driven by significant advancements in the telecommunications and defense sectors.
The Asia Pacific metamaterials industry is projected to experience the fastest growth over the forecast period. This rapid growth is driven by the increasing adoption of 5G technology and the expanding consumer electronics market.