YG PRESS NEWS – From AR glasses to smartphones, optical metasurfaces are set to invade consumer electronics
Heading towards a $2B optical metasurfaces market by 2029: a foundational technology for augmented reality and a step forward in imaging innovation.
- The optical metasurfaces industry is projected to grow from US$62 million in 2023 to US$1.925 billion by 2029.
- Apple, Samsung, Meta, TSMC, EV Group, Metalenz… the whole supply chain has a role to play in the emergence of metasurfaces.
- As the industry delves into the immense possibilities of metasurfaces, two key manufacturing approaches have gained prominence: conventional semiconductor fabrication methods and the more groundbreaking nanoimprint lithography (NIL).
According to Yole Group in the Optical Metasurfaces 2024, the optical metasurfaces market is forecasted to undergo significant growth, expanding from US$62 million in 2023 to US$1.925 billion by 2029. This rapid expansion is primarily fueled by the sector’s advancements in display and imaging technologies. In the display industry, metasurfaces are expected to play a crucial role, particularly in augmented reality (AR) systems, providing a cost-efficient and high-performance solution for AR eyepieces. The display segment alone is projected to generate US$1.399 billion by 2029, assuming consumer AR adoption accelerates. Additionally, metasurfaces are making headway in 3D naked-eye displays for premium screens.
In the imaging sector, metasurfaces are set to reduce costs, improve image quality, and enable novel sensing technologies. The mobile industry, particularly in 3D sensing for autofocus assistance and facial recognition, is projected to be a key driver, contributing significantly to the US$526 million in expected revenues for the imaging segment by 2029. Future innovations, such as metasurfaces for color imaging and integrated CMOS sensors, could further expand the market if successfully realized… For more information about this analysis, please contact us!
