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Global Hermetic Packaging Market Report Size, Trends & Growth Opportunity, By Configuration, By Application, By Industry, By Type, By Region And Forecast to 2027

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    Report

  • 135 Pages
  • December 2022
  • Region: Global
  • Qualiket Research
  • ID: 5711392
Global Hermetic Packaging was valued at US$ 1,976.34 Million in 2021, estimated to reach US$ 5,380.80 Million in 2027, with a CAGR 13.03 % from 2022-2027.

An elevated packaging technique used in active and passive electronic equipment, as well as in the electronics and semiconductor industries is known as Hermetic packaging. hermetic packaging protects Ultrasensitive electronics, like laser diodes, sensors, and optoelectronic elements from moisture and rust. Environmental factors like fluctuations in air pressure, moisture, dirt, and other risks that could harm electrical contacts or critical electronic components are also protected by hermetic packaging.

Market Drivers

Hermetic products protect against various environmental conditions such as soil/grime, humidity/ moisture, changes in atmospheric pressure and other natural hazards that could otherwise damage delicate electronics or disrupt electrical connections within Hermetic products.

Owing to this, the rate of adoption of Hermetic packaging for protecting highly sensitive electronic components is significantly high and is expected to increase further during the forecast period.

The numerous benefits of hermetic packaging such as lightweight, excellent media resistance, autoclavability, high electric insulation, thermal shock stability and temperature stability, among others drive the demand for the hermetic packaging in medical sector.

Market Restraints

The development of the hermetic packaging market is anticipated to be hindered by the availability of alternative packaging technologies. Despite its growth, hermetic packaging runs the chance of getting surpassed by a number of alternatives that are viewed as more dependable and protective.

A choice among these is plastic packaging. Microelectronic components used in military, aerospace, and medical systems must adhere to the highest hermetic packaging regulations due to their harsh environments and crucial applications.

Older equipment lacks the sensitivity needed to test to the higher requirements, forcing companies to buy new leak test equipment as a result of tighter rules.

Manufacturers of hermetic packaging systems must adhere to these requirements in order to increase their market share at the expense of escalating costs. These strict requirements for hermetic packaging are expected to impede the market's growth. Plastic packaging becomes a good choice because of its resistance to outside forces.

Market Segmentation

Hermetic Packaging Market is segmented into major 4 categories. Based on Configuration, the market is segmented into Pressed Ceramic Packages, Multilayer Ceramic Packages, Metal Can Packages. Based on Application, the market is divided into Transistors, Photodiodes, Lasers, Airbag Ignitors, Sensors, MEMS Switches, Oscillating Crystals. Based on Industry, the market is segmented into Automotive, Consumer Electronics, Medical, Military & Defense, Aeronautics and Space, Telecommunications, Energy and Nuclear Safety. Based on Type, the market is segmented into (Reed Glass, Passivation Glass, Glass-Metal Sealing (GTMS), Ceramic-Metal (CERTM) ealing. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.

Regional Analysis

Asia-Pacific region dominates the Hermetic Packaging market across the world with CAGR 13.06% owing to the proliferation of numerous electronic devices and component manufacturers, coupled with the increased government budget for the aerospace and defense sector, particularly in China, Japan, and India, has led to high demand for the product in the region.

North America occupied the second-highest market portion after the Asia Pacific and is anticipated to grow at a significant CAGR throughout the forecast period owing to the aeronautics and space being one of the major applications of hermetic packaging in the region. The industry is expected to offer huge opportunities for the market growth on account of the presence of numerous aerospace companies in the U.S.

Market Key Players

Some of the key players operating in Global Hermetic Packaging Market are Ametek, Schott, Amkor, Kyocera, Teledyne Microelectronics, Materion, Legacy Technologies, Egide, Solid State plc, Renesas Electronics.

Industry development

In February 2017, Egide SA (Egide SA is a company engaged in the electrical components industry.) has announced that it has acquired Santier, Inc. Santier, Inc. designs and manufactures microelectronic housings and assemblies.

In July 2022, Materion Corporation, a world leader in high-performing advanced materials, has jointly commissioned a Molten Salt Purification Plant (MSPP) with Kairos Power at Materion’s location in Elmore, Ohio for the commercial production of Flibe, a molten salt coolant used in nuclear energy production. The two companies formed the strategic collaboration in 2020 to develop a reliable and cost-effective supply of salt coolant for high-temperature molten salt reactors - a clean, affordable and safe nuclear energy solution that has the potential to transform the global energy landscape.

In January 2017, Solid State Plc (AIM: SOLI), the specialist value added component supplier and design-in manufacturer of computing, power and communications products, announces that it has entered into a conditional agreement to acquire Custom Power LLC for a maximum consideration of $45.0m. Custom Power is a battery systems manufacturer and energy solutions provider based near Los Angeles in the United States of America.

Table of Contents

1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Hermetic Packaging Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Hermetic Packaging Market, By Configuration
5.1 Y-o-Y Growth Comparison, By Configuration
5.2 Hermetic Packaging Market Share Analysis, By Configuration
5.3 Hermetic Packaging Market Size and Forecast, By Configuration
5.3.1 Pressed Ceramic Packages
5.3.2 Multilayer Ceramic Packages
5.3.3 Metal Can Packages
6 Hermetic Packaging Market, Application
6.1 Y-o-Y Growth Comparison, Application
6.2 Hermetic Packaging Market Share Analysis, Application
6.3 Hermetic Packaging Market Size and Forecast, Application
6.3.1 Transistors
6.3.2 Photodiodes
6.3.3 Lasers
6.3.4 Airbag Ignitors
6.3.5 Sensors
6.3.6 MEMS Switches
6.3.7 Oscillating Crystals
7 Hermetic Packaging Market, By Type
7.1 Y-o-Y Growth Comparison, By Type
7.2 Hermetic Packaging Market Share Analysis, By Type
7.3 Hermetic Packaging Market Size and Forecast, By Type
7.3.1 Reed Glass
7.3.2 Passivation Glass
7.3.3 Glass-Metal Sealing (GTMS)
7.3.4 Ceramic-Metal (CERTM) Sealing
8 Hermetic Packaging Market, By Industry
8.1 Y-o-Y Growth Comparison, By Industry
8.2 Hermetic Packaging Market Share Analysis, By Industry
8.3 Hermetic Packaging Market Size and Forecast, By Industry
8.3.1 Automotive
8.3.2 Consumer Electronics
8.3.3 Medical
8.3.4 Military & Defense
8.3.5 Aeronautics and Space
8.3.6 Telecommunications
8.3.7 Energy and Nuclear Safety
9 Hermetic Packaging Market, By Region
9.1 Hermetic Packaging Market Share Analysis, By Region
9.2 Hermetic Packaging Market Share Analysis, By Region
9.3 Hermetic Packaging Market Size and Forecast, By Region
10 North America Hermetic Packaging Market Analysis and Forecast (2022 - 2027)
10.1 Introduction
10.2 North America Hermetic Packaging Market Share Analysis, By Configuration
10.3 North America Hermetic Packaging Market Size and Forecast, Application
10.4 North America Hermetic Packaging Market Size and Forecast, By Type
10.4 North America Hermetic Packaging Market Size and Forecast, By Industry
10.5 North America Hermetic Packaging Market Size and Forecast, By Country
10.5.1 U.S.
10.5.2 Canada
10.5.3 Mexico
11 Europe Hermetic Packaging Market Analysis and Forecast (2022 - 2027)
11.1 Introduction
11.2 Europe Hermetic Packaging Market Share Analysis, By Configuration
11.3 Europe Hermetic Packaging Market Size and Forecast, Application
11.4 Europe Hermetic Packaging Market Size and Forecast, By Type
11.4 Europe Hermetic Packaging Market Size and Forecast, By Industry
11.5 Europe Hermetic Packaging Market Size and Forecast, By Country
11.5.1 Germany
11.5.2 France
11.5.3 UK
11.54. Rest of Europe
12 Asia Pacific Hermetic Packaging Market Analysis and Forecast (2022 - 2027)
12.1 Introduction
12.2 Asia Pacific Hermetic Packaging Market Share Analysis, By Configuration
12.3 Asia Pacific Hermetic Packaging Market Size and Forecast, Application
12.4 Asia Pacific Hermetic Packaging Market Size and Forecast, By Type
12.4 Asia Pacific Hermetic Packaging Market Size and Forecast, By Industry
12.5 Asia Pacific Hermetic Packaging Market Size and Forecast, By Country
12.5.1 China
12.5.2 Japan
12.5.3 India
12.5.4. Rest of Asia Pacific
13 Latin America Hermetic Packaging Market Analysis and Forecast (2022 - 2027)
13.1 Introduction
13.2 Latin America Hermetic Packaging Market Share Analysis, By Configuration
13.3 Latin America Hermetic Packaging Market Size and Forecast, Application
13.4 Latin America Hermetic Packaging Market Size and Forecast, By Type
13.4 Latin America Hermetic Packaging Market Size and Forecast, By Industry
13.5 Latin America Hermetic Packaging Market Size and Forecast, Country
13.5.1. Brazil
13.5.2. Rest of Latin America
14 Middle East Hermetic Packaging Market Analysis and Forecast (2022 - 2027)
14.1 Introduction
14.2 Middle East Hermetic Packaging Market Share Analysis, By Configuration
14.3 Middle East Hermetic Packaging Market Size and Forecast, Application
14.4 Middle East Hermetic Packaging Market Size and Forecast, By Type
14.4 Middle East Hermetic Packaging Market Size and Forecast, By Industry
14.5 Middle East Hermetic Packaging Market Size and Forecast, By Country
14.5.1. Saudi Arabia
14.5.2. UAE
14.5.3. Egypt
14.5.4. Kuwait
14.5.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Ametek
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Schott
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Amkor
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Kyocera
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Teledyne Microelectronics
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Materion
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Legacy Technologies
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Egide
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Solid State plc
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Renesas Electronics
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies

Companies Mentioned

  • Ametek
  • Schott
  • Amkor
  • Kyocera
  • Teledyne Microelectronics
  • Materion
  • Legacy Technologies
  • Egide
  • Solid State plc
  • Renesas Electronics