Category

Hermetic Packaging Market - Forecasts From 2019 To 2024

106 pages
Published on : May 2019
Report Code : KSI061612330

Related Reports

Description

Hermetic products protect against various environmental conditions such as atmospheric pressure, moisture, soil or other natural hazards that would otherwise disrupt the electrical connections or damage delicate electronics within a hermetic product. The hermetic packaging market is expected to have a significant market growth due to the adoption of hermetic packaging to protect highly sensitive electronic components. Increasing demand from the electronics, automobile, aerospace and defense sector is expected to drive the market growth. However stringent standards and rules with regard to hermetic packaging can be a restraint for market growth. By configuration, the multilayer ceramic packages segment is expected to have a significant growth rate as it offers greater hermeticity than other configuration for high-frequency applications. By type, the ceramic metal sealing segment is expected to have a considerable market share due to the growing demand for thermal shock resistant and low porosity type of hermetic packaging material. By application, the transistors segment is expected to have a significant market share as hermetically sealed transistors are used for designing telecommunication circuits and home appliances.

DRIVERS

Use of hermetic packaging to protect highly sensitive electronic components.

Increasing demand from electronics, automobile and aerospace industry

RESTRAINT

Stringent rules and standards

INDUSTRY UPDATE

In June 2019, SCHOTT AG, a leading international technology group in the areas of specialty glass and glass-ceramics, entered into a purchase agreement to acquire the Australian microfluidic company MINIFAB Pty Ltd

Micross Components Ltd. announced the opening of its newly relocated and expanded processing facility in Orion Park, Crewe in March 2019

SEGMENTATION

The hermetic packaging market has been analyzed through the following segments:

By configuration

Multilayer ceramic packages

Metal can packages

Pressed ceramic packages

 

By type

Ceramic metal sealing

Glass metal sealing

Passivation glass

Transponder glass

Reed glass

 

By application

Transistors

Lasers

Photo diodes

Airbag ignitors

Others

 

By end-use industry

Military and defense

Aeronautics and space

Automotive

Energy and nuclear safety

Others

 

By Geography

North America

USA

Canada

Mexico 

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Spain

Others

 

Middle East and Africa

Saudi Arabia

Israel

Others

 

Asia Pacific

China

Japan

South Korea

India

Others

OUR CLIENTS