Category

Hermetic Packaging Market Size, Share, Opportunities And Trends 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), And By Geography - Forecasts From 2020 To 2025

Published: Mar 2020 | Report Code:  KSI061612330 | Pages:  106

The Hermetic packaging market is projected to grow at a CAGR of 5.44% to reach US$5.114 billion by 2025, from US$3.772 billion in 2019. 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

RESTRAINTS

  • Stringent rules and standards

INDUSTRY UPDATES

  • 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

    • US

    • Canada

    • Mexico

  • South America

    • Brazil

    • Argentina

    • Others

    • Germany

    • France

    • United Kingdom

    • Spain

    • Others

  • Middle East and Africa

    • Saudi Arabia

    • Israel

    • Others

  • Asia Pacific

    • China

    • Japan

    • South Korea

    • India

    • Others


Frequently Asked Questions (FAQs)

Q1. What will be the hermetic packaging market size by 2025?
A1. The hermetic packaging market is projected to reach a market size of US$5.114 billion by 2025.
 
Q2. What are the growth prospects for the hermetic packaging market?
A2. The global hermetic packaging market is projected to grow at a CAGR of 5.44% over the forecast period.
 
Q3. What is the size of global hermetic packaging market?
A3. Hermetic Packaging market was valued at US$3.772 billion in 2019.
 
Q4. What factors are anticipated to drive the hermetic packaging market growth?
A4. Increasing demand from the electronics, automobile, aerospace, and defense sector is expected to drive the hermetic packaging market growth. 
 
Q5. How is the global hermetic packaging market segmented?
A5. The global hermetic packaging market has been segmented by configuration, type, application, end-use industry, and geography.

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