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Electromagnetic Metamaterials Market to Approach US$15B by 2034, Finds IDTechEx

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BOSTON, May 29, 2024 /PRNewswire/ — Metamaterials use regular engineered patterns of subwavelength structures to interact with waves. Electromagnetic metamaterials promise to have transformative effects within the fields of optics and telecommunications. They could make biometric recognition cheaper and more accurate, make virtual reality more immersive and comfortable, and facilitate high-speed mobile internet with zero signal blackspots, yet adoption is in its infancy.

In “Optical & Radio Frequency Metamaterials 2024-2034: Markets, Players, Technologies“, IDTechEx comprehensively examines the emerging technology of electromagnetic metamaterials in its second edition of this report. Drawing from interviews with companies across the value chain and IDTechEx’s existing research on optical, telecommunication, and emerging materials, the report evaluates the market for optical and radio-frequency (RF) metamaterials in various applications. It analyzes each application’s requirements and includes case studies of existing players.

The report identifies reconfigurable intelligent surfaces (RIS) in telecommunications and metalenses in smartphone cameras as significant opportunities. Through detailed segmentation, it presents a comprehensive overview of the status and market potential of each application. The forecast predicts the overall market to reach US$14.9B by 2034, driven by improved biometric sensing in smartphones via metalenses and increasing 5G mmWave rollout growing adoption of RIS.

Market for RF (Radio-frequency) metamaterials

RF metamaterials find applications across multiple sectors, including telecommunications, automotive, aerospace, and security. They can be utilized in Reconfigurable Intelligent Surfaces (RIS) to reflect, steer, and shield electromagnetic radiation, compensating for the reduced range associated with higher frequency signals. Additionally, in radar beamforming, RF metamaterials enable active steering of EM radiation to enhance angular resolution. This could be particularly beneficial for automotive radar systems. RF metamaterials can also be used for effective EMI shielding, enhancing security by preventing signal leakage, and can be frequency selective to create transparent shields. RF metamaterials also hold potential for medical sensing applications such as MRI scans and non-invasive glucose monitoring.

According to IDTechEx’s forecast, the largest market for RF metamaterials is forecasted to be in Reconfigurable Intelligent Surfaces (RIS) for 5G mmWave and future 6G communications. Both 5G mmWave and 6G offer significant advantages, including the potential for leveraging expansive bandwidth to support peak data flow ranging from gigabits to terabits per second and maintaining ultra-low latency.

However, utilizing high-frequency spectra presents challenges such as very short signal propagation range (cm range for above 100 GHz frequency) and line-of-sight obstacles. Addressing signal decay and establishing strong communication over reasonable distances is a priority for both technologies, especially in busy urban areas where consistent connectivity despite barriers is crucial.

Establishing numerous base stations is not cost-effective in providing adequate coverage for high-frequency spectra like 5G mmWave and 6G. In contrast, metamaterial RIS can reflect and direct signals to end users, increasing signal range and strength while consuming low energy. Additionally, integrating metamaterial-based coatings with windows can improve signal coverage by reflecting beams around obstacles in urban areas. These solutions provide wide area coverage and offer vast opportunities for materials integration.

Market for optical metamaterials

Relatively simple optical metamaterials based on biomimicry of moth-eye structures have a relatively long history of use as antireflective (AR) coatings in high-end camera lenses. However, metalenses fabricated using semiconductor industry processes are expected to have a huge impact, initially driven by their ability to improve the performance of computer vision systems.

In 2022, metalenses designed by fabless player Metalenz saw commercialization in time-of-flight (ToF) sensors from STMicro, marking the first commercial use of this technology. Here, metalenses improved light-gathering performance in a smaller package than the optics they replaced. The biggest value in metalenses comes in their ability to add additional optical functionality, such as allowing for polarization imaging in a very compact package. This has a huge potential application in facial biometrics for smartphones and could bring facial recognition to smartphones outside of Apple’s range in the near future, with Metalenz announcing sensor modules designed for this application in late 2023.

Metalenses based on liquid crystals are expected to have a significant impact in VR headsets, where they could be used to solve the vergence-accommodation conflict and help these devices pass the “visual Turing test”. Furthermore, active optical metasurfaces could contribute to making LiDAR more compact and broadening the markets where these sensors could be used.

The biggest limiting factor for metalenses is broad spectrum performance, but significant innovation in the design of the metasurfaces themselves and software compensation is expected to make them a more compact and lower-cost replacement for lenses in smartphone cameras within the next ten years. Ultimately, metalenses have the potential to disrupt many corners of the optics industry in the near future.

IDTechEx has been studying emerging materials and photonics technologies and their market opportunities for a decade, utilizing extensive primary research. “Optical & Radio Frequency Metamaterials 2024-2034: Markets, Players, Technologies” provides a comprehensive picture of the underlying technologies, manufacturing methods, and application opportunities of both optical and radio-frequency metamaterials.

To find out more about this IDTechEx report, including downloadable sample pages, please visit www.IDTechEx.com/Meta.

For the full portfolio of 5G, 6G, RFID and telecoms market research from IDTechEx, please see www.IDTechEx.com/Research/5G.

Upcoming free-to-attend webinar

Exploring the Transformative Potential of Electromagnetic Metamaterials

Sam Dale, Senior Technology Analyst at IDTechEx, and Dr Yu-Han Chang, Principal Technology Analyst at IDTechEx, will be presenting a free-to-attend webinar on the topic on Thursday 20 June 2024Exploring the Transformative Potential of Electromagnetic Metamaterials.

Key points covered will include:

A brief introduction to RF (radio frequency) and optical metamaterials, highlighting key market opportunitiesAnalysis of the emerging usage of metalenses, one of the most exciting applications of optical metamaterials, with important manufacturing processes potential challenges highlightedAnalysis of Reconfigurable Intelligent Surfaces (RIS), the most promising applications of RF metamaterials, with discussion on players, technology roadmap, key case studies, etcAdoption roadmaps for optical and RF metamaterialsOutlook for the electromagnetic metamaterials market

Please click here to check timings and register for your specific time zone.

If you are unable to make the date, please register anyway to receive the links to the on-demand recording (available for a limited time) and webinar slides as soon as they are available.

About IDTechEx:

IDTechEx provides trusted independent research on emerging technologies and their markets. Since 1999, we have been helping our clients to understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com

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Media Contact:

Lucy Rogers
Sales and Marketing Administrator
press@IDTechEx.com
+44(0)1223 812300

Social Media Links:

Twitter: www.twitter.com/IDTechEx
LinkedIn: www.linkedin.com/company/IDTechEx

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Celerium Hosts Webinar for Healthcare IT Leaders on Fast-Track Solutions to Critical Data Breach Threats

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TORRANCE, Calif., April 23, 2025 /PRNewswire/ — In a healthcare environment where increasing data breaches often overload IT teams, a new expert-led webinar aims to equip IT with rapid, actionable solutions for preventing, detecting, and containing early-stage data breach activity.

Healthcare IT executives will gain clear, pragmatic steps to enable data breach prevention, detection and containment.

Hosted by Celerium, a cybersecurity innovator with experience supporting the U.S. Department of Defense to protect its Defense Industrial Base (DIB), the webinar is designed for time-strapped healthcare IT executives—CIOs, CISOs, and IT Directors—who are seeking effective, efficient solutions for stronger data breach defense.

Webinar Title: “Code Blue: Data Breach Defense in Health Care”

Key Topics Include:

Prevention of Data Breach Threats
Learn how healthcare organizations can take fast-track measures to stop many attacks by threat actors attempting to intrude into hospitals and other organizations.Early Detection for IT Leaders
Discover how IT executives can detect early-stage breach activity by hospital, department (e.g., Imaging, Radiology, NICU), and system—enabling better visibility, smarter resource prioritization, and improved communication with C-level stakeholders.Solving the IT Staffing Gap
Learn how overburdened IT and SOC teams can improve efficiency—even during off-hours like nights, weekends, and holidays when attackers are most active.Filling the Data Breach Detection Gaps
Understand how Celerium’s agentless solution can help secure legacy systems (EDR blind spots like ICU, NICU, imaging systems), building on technology leveraged by the U.S. Department of Defense.

Featured Speakers:

Vince Crisler, Chief Strategy Officer, Celerium – Former White House CISOJeffrey Vinson, Former CISO, Texas Health System – Recognized Top 100 Healthcare CISOTommy McDowell, General Manager, Celerium – Threat Intelligence Leader (formerly Mandiant and FireEye)Karl Kotalik, Chief Solutions Officer, Celerium – Former CEO of NC4

Why Attend?
This is a no-fluff, real-talk session for healthcare IT executives ready to explore innovative solutions. Participants will gain clear, pragmatic steps to enable early-stage breach prevention, detection and containment.

Who Should Attend:
Healthcare CIOs, CISOs, IT Directors, SOC Analysts, Security Architects, Compliance Officers, and Clinical IT Executives responsible for safeguarding healthcare systems and data.

Reserve Your Spot Today
To register or learn more about the event, visit Celerium.com.

About Celerium
Celerium® engineers powerful, active cyber defense solutions to help companies in the fight against increasing cyberattacks and data breaches. With a rich 18-year history of facilitating cyber threat sharing for critical industry sectors and government agencies, and six years of experience supporting the U.S. Department of Defense in protecting the Defense Industrial base (DIB), Celerium is an established leader in providing innovative and effective cybersecurity solutions.

Visit us online at www.Celerium.com and on Twitter at @CeleriumDefense.

View original content to download multimedia:https://www.prnewswire.com/news-releases/celerium-hosts-webinar-for-healthcare-it-leaders-on-fast-track-solutions-to-critical-data-breach-threats-302435169.html

SOURCE Celerium

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Rich Products Welcomes Industry Veteran Jaimie Lowe as New EVP and Chief Financial Officer

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BUFFALO, N.Y., April 23, 2025 /PRNewswire/ — Global, family-owned food company Rich Products (Rich’s) today announced the hiring of Jaimie Lowe as its new executive vice president and chief financial officer (CFO). A seasoned global finance leader with more than 25 years of experience and long tenures at companies like Unilever, Danone and most recently Tyson Foods, Lowe brings deep expertise in investment management, corporate development, financial planning and digital transformation. She joins Rich’s as a member of its executive team.

As CFO, Lowe will oversee Rich’s financial strategy and planning, risk management, capital structure, and key growth initiatives. In today’s rapidly evolving economic environment, her leadership will be instrumental in navigating the landscape, while ensuring financial resilience. A critical member of Rich’s executive team, she will shape and lead global finance into the future, ultimately helping the company deliver on its bold growth aspirations.

“Jaimie’s extensive financial expertise, coupled with her strong background in digital transformation and innovation, make her the right global leader to drive operational excellence and Rich’s aggressive growth strategy,” said Richard Ferranti, chief executive officer, Rich Products. “She joins us at a pivotal moment in our growth journey, reinforcing our commitment to remaining a strong family-owned company for generations to come.”

Prior to joining Rich’s, Lowe held executive roles at Unilever, Danone and Tyson Foods, leading Financial Planning and Analysis, Corporate Development, Investor Relations and Treasury and Risk. With deep experience in consumer-packaged goods, she has led and shaped financial strategies across various sectors, including food, nutrition, protein and beauty, as well as driven market growth and development strategies across the U.S., Asia, Europe and the Middle East.

“I’m thrilled to join Rich’s at such a dynamic time in its growth journey,” said Lowe. “As the company continues to evolve, maintaining financial strength will be key to driving innovation, expanding our capabilities and delivering exceptional value to our customers and associates around the world. I look forward to working alongside Rich’s talented team to build on its legacy of excellence and drive sustainable success for the future.”

An Australian native, Lowe earned her MBA and Bachelor of Business Accountancy from the Queensland University of Technology in Australia. Additionally, she is a Certified Public Accountant (CPA) and holds a Non-Executive Diploma from the Financial Times. In her free time, she volunteers as a mentor for rising and emerging talent.

For more information on Rich’s, visit http://www.richs.com.

MEET RICH’S.
Rich’s, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods among others. Working in 100 locations globally, with annual sales exceeding $5 billion, Rich’s is a global leader with a focus on everything that family makes possible. Rich’s®—Infinite Possibilities. One Family.

Learn more at Richs.com or join the conversation on Facebook, Instagram, LinkedIn and Twitter.

View original content to download multimedia:https://www.prnewswire.com/news-releases/rich-products-welcomes-industry-veteran-jaimie-lowe-as-new-evp-and-chief-financial-officer-302435966.html

SOURCE Rich Products Corporation

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CARFAX Canada Announces Launch of New Tool to Combat VIN Fraud

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HALTON REGION, ON, April 23, 2025 /CNW/ – CARFAX Canada is proud to launch VIN Fraud Check, a new tool that alerts vehicle dealers if a vehicle’s Vehicle Identification Number (VIN) contains data indicating potential fraud, or if it has been reported stolen in North America. VIN Fraud Check will now be available to vehicle dealers who access Vehicle History Reports through the CARFAX Canada dealer portal, at no additional charge.

“VIN Fraud Check is the latest in our suite of data-driven solutions aimed at protecting Canadians and ensuring safer vehicle transactions,” said Shawn Vording, President, CARFAX Canada. “By working closely with vehicle dealers, local police, and the provincial government, we’re equipping Canadian dealers with the tools they need to detect and avoid potential VIN fraud.”

This initiative was accelerated in response to feedback gathered during an industry roundtable hosted by the Province of Ontario. During the discussion, government representatives and industry leaders underscored the need to address the increasing reality of auto fraud through the implementation of new initiatives including data, technology, and collaboration.

“Thanks to CARFAX Canada for this incredible new tool. Combined with the hard work of law enforcement and the support of our government, it will make our cars—and our communities—safer,” said Zee Hamid, Associate Solicitor General for Auto Theft and Bail Reform.

CARFAX Canada estimates that there are approximately 127,000 Ontario registered vehicles potentially cloned across North America.1 By integrating VIN Fraud Check into the CARFAX Canada dealer portal—at no additional cost to participating dealers—this new feature provides a critical layer of protection in the used vehicle market.

“Auto theft remains a serious crime in Halton region and beyond. It is largely driven by organized crime groups that stop at nothing to evade police detection, including VIN cloning to resell stolen vehicles for profit to fuel additional criminal activities,” said Jeff Hill, Deputy Chief of Regional Operations, Halton Regional Police Service. “Technologies like VIN Fraud Check are instrumental in helping police agencies and dealers to identify vehicles being sold fraudulently, removing them from the pipeline and keeping Canadians safe.”

CARFAX Canada’s VIN fraud indication tools are made possible by leveraging the company’s comprehensive North American vehicle information database. Drawing on billions of data records from thousands of sources, CARFAX Canada’s services are uniquely positioned to provide used vehicle buyers, sellers and owners with the most comprehensive, critical information about a vehicle.

“The launch of CARFAX Canada VIN Fraud Check further supports the automotive industry’s dedication to consumer protection,” said Maureen Harquail, Chief Executive Officer & Registrar, Ontario Motor Vehicle Industry Council (OMVIC). “This is one tool that can provide dealers with crucial data to help ensure vehicle transactions are more secure.”

CARFAX Canada is committed to combating the ongoing issue of VIN fraud across the country and creating greater transparency in the used vehicle marketplace. Through extensive collaboration with the automotive industry, law enforcement and all levels of government, CARFAX Canada continues to find new ways to protect Canadians by expanding their extensive database and developing new tools to respond to changing market needs in real time.

For more information about VIN Fraud Check and CARFAX Canada’s other fraud detection resources, visit: carfax.ca/vehicle-fraud

About CARFAX Canada
CARFAX Canada, a part of S&P Global (NYSE: SPGI), is Canada’s definitive source of automotive information, delivering vehicle history, valuation and service solutions. Drawing on billions of data records from thousands of sources, its products enable used vehicle buyers, sellers and vehicle service providers to make informed decisions. CARFAX Canada is dedicated to transparency and is trusted to provide vehicle history, valuation and service information to dealerships, vehicle manufacturers, consumers, service shops, major auctions, governments, insurance providers and police agencies.

Connect with CARFAX Canada on Instagram, Facebook and LinkedIn

________________________________

1 CARFAX Canada data, analysis excludes Ontario/Ontario potential clones

SOURCE CARFAX Canada

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