Hermetic Packaging Market with COVID-19 impact by Configuration (Multilayer Ceramic Packages, Metal Can Packages, Pressed Ceramic Packages), Type (Ceramic-Metal Sealing, Glass-Metal Sealing), Application, Industry, and Region - Global Forecast to 2025
“Hermetic packaging market to exhibit significant growth during 2020–2025”
The global hermetic packaging market size was valued at USD 3.5 billion in 2020 and is projected to reach USD 4.3 billion by 2025; it is expected to grow at a CAGR of 4.3% from 2020 to 2025. The growth of this market is attributed to the increasing use of hermetic packaging for protecting highly sensitive electronic components and increasing demand from industries such as aerospace and automotive electronics. However, factors such as stringent leak requirements for hermetic packaging and supply chain disruptions due to the COVID-19 pandemic are expected to restrain the market growth.
COVID-19 has emerged as a global pandemic that has spread across 215 countries worldwide and disrupted various industries around the world. The prominent players across industries have been affected by this pandemic. The foreseeable decline in the growth of end-user industries may have a considerable direct impact on the hermetic packaging market.
“Hermetic packaging market for multilayer ceramic packages to witness high-growth potential during the forecast period”
The multilayer design of the package helps package designers incorporate electrical enhancements such as a large number of electrical feedthroughs within small spaces. Multilayer ceramic packages are widely adopted for high-frequency applications such as data communication, wireless communication, and optical communication because they offer better hermeticity than other configurations, and also enable a large number of electrical feedthroughs within very small spaces.
“The market for Ceramic-Metal Sealing (CERTM) to grow at highest CAGR during the forecast period”
CERTM exhibits very high electrical conductivity for conductor paths; this is essential for the transmittance of extremely high-frequency electrical signals. CERTM sealed sensors, such as heating, ventilation, and air conditioning (HVAC) sensors, chassis-level sensors, and proximity sensors find potential applications in the automotive industry as they assure the safety of passengers and enable failure-free operations. This factor is expected to propel the growth of the CERTM market during the forecast period.
“MEMS switches market to grow at highest CAGR during the forecast period “
Given that MEMS switches are mechanical, there is a critical requirement to support and protect the devices from thermal and mechanical shock, vibration, and other physical damage during storage and operation. Hermetic packaging helps MEMS switches to sustain even in environmental conditions such as high temperature and high mechanical stress. The increase in the demand for complete automatization of automobiles is the key factor driving the growth of the market for MEMS switches.
“APAC to be the largest market for hermetic packaging during the forecast period”
APAC is expected to lead the hermetic packaging market in terms of size, from 2020 to 2025. Increasing energy needs, emerging economies, and increasing defense spending are some of the factors driving the growth of this market in the region. In the last few years, the demand for hermetic packaging has significantly increased for the military & defense, aeronautics & space, automotive, and energy & nuclear safety industries. The rising military capabilities of emerging countries such as China, India, and South Korea are boosting the demand for hermetic packaging for sensitive electronic components. However, the implementation of lockdowns in several countries to contain the spread of COVID-19 has significantly affected the operations of end-use industries such as automotive, military & defense, aeronautics & space, due to which the market for hermetically packaged products is expected slowdown in 2020 in the Asia Pacific.
Break-up of the profiles of primary participants:
The global hermetic packaging market is segmented into the configuration, type, application, industry, and geography. The market based on configuration is segmented into pressed ceramic packages, multilayer ceramic packages, and metal can packages. Based on the types of materials, the hermetic packaging market has been split into passivation glass, reed glass, transponder glass, glass, and metal in combination (glass-metal sealing (GTMS)), and ceramic and metal in combination (ceramic–metal (CERTM) sealing). Based on the application, the market is segmented into transistors, sensors, leasers, airbag ignitors, photodiodes, oscillating crystals, MEMS switches, and others. Industries that are included in the study of the market include military & defense, aeronautics & space, automotive, energy nuclear safety, medical, telecommunications, consumer electronics, and others. The hermetic packaging industry is segmented into four regions—North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).
Reasons to buy the report:
The global hermetic packaging market size was valued at USD 3.5 billion in 2020 and is projected to reach USD 4.3 billion by 2025; it is expected to grow at a CAGR of 4.3% from 2020 to 2025. The growth of this market is attributed to the increasing use of hermetic packaging for protecting highly sensitive electronic components and increasing demand from industries such as aerospace and automotive electronics. However, factors such as stringent leak requirements for hermetic packaging and supply chain disruptions due to the COVID-19 pandemic are expected to restrain the market growth.
COVID-19 has emerged as a global pandemic that has spread across 215 countries worldwide and disrupted various industries around the world. The prominent players across industries have been affected by this pandemic. The foreseeable decline in the growth of end-user industries may have a considerable direct impact on the hermetic packaging market.
“Hermetic packaging market for multilayer ceramic packages to witness high-growth potential during the forecast period”
The multilayer design of the package helps package designers incorporate electrical enhancements such as a large number of electrical feedthroughs within small spaces. Multilayer ceramic packages are widely adopted for high-frequency applications such as data communication, wireless communication, and optical communication because they offer better hermeticity than other configurations, and also enable a large number of electrical feedthroughs within very small spaces.
“The market for Ceramic-Metal Sealing (CERTM) to grow at highest CAGR during the forecast period”
CERTM exhibits very high electrical conductivity for conductor paths; this is essential for the transmittance of extremely high-frequency electrical signals. CERTM sealed sensors, such as heating, ventilation, and air conditioning (HVAC) sensors, chassis-level sensors, and proximity sensors find potential applications in the automotive industry as they assure the safety of passengers and enable failure-free operations. This factor is expected to propel the growth of the CERTM market during the forecast period.
“MEMS switches market to grow at highest CAGR during the forecast period “
Given that MEMS switches are mechanical, there is a critical requirement to support and protect the devices from thermal and mechanical shock, vibration, and other physical damage during storage and operation. Hermetic packaging helps MEMS switches to sustain even in environmental conditions such as high temperature and high mechanical stress. The increase in the demand for complete automatization of automobiles is the key factor driving the growth of the market for MEMS switches.
“APAC to be the largest market for hermetic packaging during the forecast period”
APAC is expected to lead the hermetic packaging market in terms of size, from 2020 to 2025. Increasing energy needs, emerging economies, and increasing defense spending are some of the factors driving the growth of this market in the region. In the last few years, the demand for hermetic packaging has significantly increased for the military & defense, aeronautics & space, automotive, and energy & nuclear safety industries. The rising military capabilities of emerging countries such as China, India, and South Korea are boosting the demand for hermetic packaging for sensitive electronic components. However, the implementation of lockdowns in several countries to contain the spread of COVID-19 has significantly affected the operations of end-use industries such as automotive, military & defense, aeronautics & space, due to which the market for hermetically packaged products is expected slowdown in 2020 in the Asia Pacific.
Break-up of the profiles of primary participants:
- By Company Type – Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%
- By Designation – C-level – 23%, Director-level – 59%, and Others – 18%
- By Region – North America - 30%, Europe – 40%, APAC – 20%, and RoW – 10%
The global hermetic packaging market is segmented into the configuration, type, application, industry, and geography. The market based on configuration is segmented into pressed ceramic packages, multilayer ceramic packages, and metal can packages. Based on the types of materials, the hermetic packaging market has been split into passivation glass, reed glass, transponder glass, glass, and metal in combination (glass-metal sealing (GTMS)), and ceramic and metal in combination (ceramic–metal (CERTM) sealing). Based on the application, the market is segmented into transistors, sensors, leasers, airbag ignitors, photodiodes, oscillating crystals, MEMS switches, and others. Industries that are included in the study of the market include military & defense, aeronautics & space, automotive, energy nuclear safety, medical, telecommunications, consumer electronics, and others. The hermetic packaging industry is segmented into four regions—North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).
Reasons to buy the report:
- Illustrative segmentation, analysis, and forecast for markets based on configuration, type, application, industry, and region have been conducted to give an overall view of the hermetic packaging market.
- The value chain analysis has been performed to provide an in-depth insight into the hermetic packaging industry.
- Major drivers, restraints, opportunities, and challenges pertaining to the hermetic packaging market have been detailed in this report.
- Detailed information regarding the COVID-19 impact on the hermetic packaging market has been provided in the report.
- The report includes a detailed competitive landscape along with key players, in-depth analysis, and revenue of key players.
1 INTRODUCTION
1.1 OBJECTIVES OF STUDY
1.2 DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKETS COVERED
1.4 YEARS CONSIDERED FOR STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 PROCESS FLOW OF MARKET SIZE ESTIMATION
FIGURE 3 HERMETIC PACKAGING MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for capturing the market share by bottom-up analysis (demand side)
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing the market share by top-down analysis (supply side)
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 ASSUMPTIONS
3 EXECUTIVE SUMMARY
FIGURE 7 POST-COVID-19 IMPACT ANALYSIS OF HERMETIC PACKAGING MARKET
3.1 REALISTIC SCENARIO
3.2 PESSIMISTIC SCENARIO
3.3 OPTIMISTIC SCENARIO
FIGURE 8 MULTILAYER CERAMIC PACKAGES EXPECTED TO DOMINATE THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
FIGURE 9 CERAMIC–METAL SEALING PROJECTED TO DOMINATE THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
FIGURE 10 HERMETIC PACKAGING MARKET FOR TRANSISTORS PROJECTED TO LEAD DURING THE FORECAST PERIOD
FIGURE 11 HERMETIC PACKAGING MARKET FOR MILITARY & DEFENSE EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 12 ASIA PACIFIC ACCOUNTED FOR THE LARGEST SHARE OF THE HERMETIC PACKAGING MARKET IN 2019
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE HERMETIC PACKAGING MARKET
FIGURE 13 HERMETIC PACKAGING MARKET PROJECTED TO GROW AT A SIGNIFICANT CAGR DURING THE FORECAST PERIOD OWING TO INCREASING DEMAND FROM THE ASIA PACIFIC
4.2 HERMETIC PACKAGING MARKET, BY CONFIGURATION
FIGURE 14 MULTILAYER CERAMIC PACKAGES EXPECTED TO LEAD THE HERMETIC PACKAGING MARKET BY 2025
4.3 HERMETIC PACKAGING MARKET, BY TYPE
FIGURE 15 MARKET FOR CERAMIC-METAL SEALING PROJECTED TO GROW AT THE HIGHEST CAGR
4.4 HERMETIC PACKAGING MARKET, BY INDUSTRY
FIGURE 16 MILITARY & DEFENSE INDUSTRY PROJECTED TO LEAD BY 2025
4.5 HERMETIC PACKAGING MARKET, BY APPLICATION AND COUNTRY
FIGURE 17 TRANSISTORS APPLICATION PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET
4.6 HERMETIC PACKAGING MARKET, BY COUNTRY
FIGURE 18 HERMETIC PACKAGING MARKET IN THE US PROJECTED TO GROW AT THE HIGHEST CAGR
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 MARKET DYNAMICS: OVERVIEW
5.2.1 DRIVERS
5.2.1.1 Increasing use of hermetic packaging for protecting highly sensitive electronic components
5.2.1.2 Increasing demand from industries such as aerospace and automobile electronics
5.2.2 RESTRAINTS
5.2.2.1 Stringent leak rate requirements for hermetic packaging
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of hermetic packaging for the protection of implantable medical devices
5.2.3.2 Increasing demand in the Asia Pacific for hermetically packaged ICs and components for various applications
5.2.4 CHALLENGES
5.2.4.1 High infrastructure cost incurred due to the controlled and regulated packaging environment
5.2.4.2 Emergence of quasi-hermetic packaging
5.3 VALUE CHAIN ANALYSIS
FIGURE 20 VALUE CHAIN ANALYSIS: HERMETIC PACKAGING MARKET
5.4 IMPACT OF COVID-19 ON THE HERMETIC PACKAGING MARKET
5.5 TRENDS IN HERMETIC PACKAGING APPLICATIONS
5.5.1 INCREASING FOCUS ON DATA AND HIGHER TRANSMISSION RATES ARE LEADING TO THE NEED FOR HIGH-PERFORMANCE CHIPS
5.5.2 USE OF A WIDE RANGE OF MATERIALS IN HERMETIC PACKAGING
5.5.3 HERMETIC PACKAGING ADDRESSING THE NEED FOR MINIATURIZATION IN MODERN-DAY ELECTRONICS
5.6 PRICING OF HERMETIC PACKAGES
6 HERMETIC PACKAGING MARKET, BY CONFIGURATION
6.1 INTRODUCTION
FIGURE 21 THE MULTILAYER CERAMIC PACKAGES SEGMENT PROJECTED TO DOMINATE THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
TABLE 1 HERMETIC PACKAGING MARKET, BY CONFIGURATION, 2015–2019 (USD MILLION)
TABLE 2 HERMETIC PACKAGING MARKET, BY CONFIGURATION, 2020–2025 (USD MILLION)
6.2 MULTILAYER CERAMIC PACKAGES
6.2.1 SUITABILITY OF MULTILAYER PACKAGING FOR HIGH-FREQUENCY APPLICATIONS IS EXPECTED TO DRIVE ADOPTION IN THE MILITARY & DEFENSE INDUSTRY
TABLE 3 HERMETIC PACKAGING MARKET FOR MULTILAYER CERAMIC PACKAGES, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 4 HERMETIC PACKAGING MARKET FOR MULTILAYER CERAMIC PACKAGES, BY INDUSTRY, 2020–2025 (USD MILLION)
6.3 PRESSED CERAMIC PACKAGES
6.3.1 COST-EFFECTIVENESS OF PRESSED CERAMIC PACKAGES DRIVING THE HERMETIC PACKAGING MARKET
TABLE 5 HERMETIC PACKAGING MARKET FOR PRESSED CERAMIC PACKAGES, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 6 HERMETIC PACKAGING MARKET FOR PRESSED CERAMIC PACKAGES, BY INDUSTRY, 2020–2025 (USD MILLION)
6.4 METAL CAN PACKAGES
6.4.1 INCREASING FOCUS OF THE AUTOMOTIVE INDUSTRY ON COMPLETE AUTOMATIZATION AND PASSENGER SAFETY DRIVING DEMAND FOR METAL CAN PACKAGED SENSORS
TABLE 7 HERMETIC PACKAGING MARKET FOR METAL CAN PACKAGES, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 8 HERMETIC PACKAGING MARKET FOR METAL CAN PACKAGES, BY INDUSTRY, 2020–2025 (USD MILLION)
7 HERMETIC PACKAGING MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 22 CERAMIC–METAL SEALING PROJECTED TO DOMINATE THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
TABLE 9 HERMETIC PACKAGING MARKET, BY TYPE, 2016–2019 (USD MILLION)
TABLE 10 HERMETIC PACKAGING MARKET, BY TYPE, 2020–2025 (USD MILLION)
7.2 CERAMIC–METAL (CERTM) SEALING
7.2.1 HIGH ADOPTION OF CERTM HERMETICALLY SEALED TRANSISTORS BY THE AERONAUTICS & SPACE INDUSTRY
FIGURE 23 CERAMIC–METAL (CERTM) SEALING MARKET FOR PHOTO DIODES PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 11 HERMETIC PACKAGING MARKET FOR CERAMIC–METAL (CERTM) SEALING, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 12 HERMETIC PACKAGING MARKET FOR CERAMIC–METAL (CERTM) SEALING, BY APPLICATION, 2020–2025 (USD MILLION)
7.3 GLASS–METAL SEALING (GTMS)
7.3.1 GTMS PROVIDES SOLUTION FOR MEMS SWITCHES USED IN THE AUTOMOTIVE INDUSTRY FOR DESIGNING AUTOMATIZED CARS
FIGURE 24 GLASS–METAL SEALING (GTMS) FOR MEMS SWITCHES PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 13 HERMETIC PACKAGING MARKET FOR GLASS–METAL SEALING (GTMS), BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 14 HERMETIC PACKAGING MARKET FOR GLASS–METAL SEALING (GTMS), BY APPLICATION, 2020–2025 (USD MILLION)
7.4 PASSIVATION GLASS
7.4.1 ADOPTION OF PASSIVATION GLASS FOR HERMETIC SEALING OF TRANSISTORS IS EXPECTED TO INCREASE SIGNIFICANTLY DURING THE FORECAST PERIOD
TABLE 15 HERMETIC PACKAGING MARKET FOR PASSIVATION GLASS, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 16 HERMETIC PACKAGING MARKET FOR PASSIVATION GLASS, BY APPLICATION, 2020–2025 (USD MILLION)
7.5 TRANSPONDER GLASS
7.5.1 EXCELLENT BIOCOMPATIBILITY PROVIDED BY TRANSPONDER GLASS FOR VETERINARY APPLICATIONS EXPECTED TO DRIVE ADOPTION IN MEMS SWITCHES FOR LIVESTOCK FARMING
TABLE 17 HERMETIC PACKAGING MARKET FOR TRANSPONDER GLASS, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 18 HERMETIC PACKAGING MARKET FOR TRANSPONDER GLASS, BY APPLICATION, 2020–2025 (USD MILLION)
7.6 REED GLASS
7.6.1 REED GLASS HIGHEST SUITED HERMETIC SEALING FOR REED SWITCHES
AND MEMS SWITCHES
TABLE 19 HERMETIC PACKAGING MARKET FOR REED GLASS, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 20 HERMETIC PACKAGING MARKET FOR REED GLASS, BY APPLICATION, 2020–2025 (USD MILLION)
8 HERMETIC PACKAGING MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 25 HERMETIC PACKAGING MARKET FOR MEMS SWITCHES PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 21 HERMETIC PACKAGING MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 22 HERMETIC PACKAGING MARKET, BY APPLICATION, 2020–2025 (USD MILLION)
8.2 TRANSISTORS
8.2.1 INCREASING DEMAND FOR HERMETICALLY PACKAGED TRANSISTORS FOR HIGH-FREQUENCY TELECOMMUNICATION DEVICES DRIVING THE MARKET
TABLE 23 HERMETIC PACKAGING MARKET FOR TRANSISTORS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 24 HERMETIC PACKAGING MARKET FOR TRANSISTORS, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.3 SENSORS
8.3.1 MAJORITY OF THE SENSORS ARE MULTILAYER CERAMIC PACKAGED
TABLE 25 HERMETIC PACKAGING MARKET FOR SENSORS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 26 HERMETIC PACKAGING MARKET FOR SENSORS, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.4 LASERS
8.4.1 MULTILAYER CERAMIC PACKAGES BEST SUITED FOR LASERS IN MEDICAL AND CUTTING & WELDING APPLICATIONS
TABLE 27 HERMETIC PACKAGING MARKET FOR LASERS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 28 HERMETIC PACKAGING MARKET FOR LASERS, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.5 AIRBAG IGNITORS
8.5.1 INCREASING FOCUS ON PASSENGER SAFETY DRIVING ADOPTION OF HERMETICALLY PACKAGED AIRBAG IGNITERS
TABLE 29 HERMETIC PACKAGING MARKET FOR AIRBAG IGNITORS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 30 HERMETIC PACKAGING MARKET FOR AIRBAG IGNITORS, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.6 PHOTODIODES
8.6.1 HERMETICALLY PACKAGED PHOTODIODES MAJORLY USED IN FIBER-OPTIC COMMUNICATION, INSTRUMENTATION, AND DATA TRANSMISSION
FIGURE 26 MULTILAYER CERAMIC PACKAGED PHOTODIODES PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
TABLE 31 HERMETIC PACKAGING MARKET FOR PHOTODIODES, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 32 HERMETIC PACKAGING MARKET FOR PHOTODIODES, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.7 OSCILLATING CRYSTALS
8.7.1 INCREASING DEMAND FOR CONSUMER ELECTRONIC DEVICES DRIVING THE MARKET FOR OSCILLATING CRYSTALS
TABLE 33 HERMETIC PACKAGING MARKET FOR OSCILLATING CRYSTALS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 34 HERMETIC PACKAGING MARKET FOR OSCILLATING CRYSTALS, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.8 MEMS SWITCHES
8.8.1 INCREASE IN DEMAND FOR COMPLETE AUTOMATIZATION OF AUTOMOBILES DRIVING MARKET FOR MEMS SWITCHES
FIGURE 27 MULTILAYER CERAMIC PACKAGES PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR MEMS SWITCHES DURING THE FORECAST PERIOD
TABLE 35 HERMETIC PACKAGING MARKET FOR MEMS SWITCHES, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 36 HERMETIC PACKAGING MARKET FOR MEMS SWITCHES, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.9 OTHERS
TABLE 37 HERMETIC PACKAGING MARKET FOR OTHER APPLICATIONS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 38 HERMETIC PACKAGING MARKET FOR OTHER APPLICATIONS, BY CONFIGURATION, 2020–2025 (USD MILLION)
9 HERMETIC PACKAGING MARKET, BY INDUSTRY
9.1 INTRODUCTION
FIGURE 28 MILITARY & DEFENSE INDUSTRY PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
TABLE 39 HERMETIC PACKAGING MARKET, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 40 HERMETIC PACKAGING MARKET, BY INDUSTRY, 2020–2025 (USD MILLION)
9.2 MILITARY & DEFENSE
9.2.1 INCREASED DEFENSE SPENDING TO MODERNIZE ARMIES DRIVING THE NEED FOR RELIABLE AND HIGH-QUALITY HERMETICALLY PACKAGED ELECTRONIC COMPONENTS
FIGURE 29 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN THE ASIA PACIFIC PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 41 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 42 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 43 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 44 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 45 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 46 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 47 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 48 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 49 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 50 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.3 AERONAUTICS & SPACE
9.3.1 COVID-19 PANDEMIC HAS DISRUPTED AIRCRAFT MANUFACTURING AND SPACE LAUNCHES AFFECTING THE DEMAND FOR HERMETICALLY PACKAGED PRODUCTS
FIGURE 30 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY DURING THE FORECAST PERIOD
TABLE 51 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 52 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 53 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 54 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 55 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 56 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 57 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 58 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 59 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 60 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.4 AUTOMOTIVE
9.4.1 INCREASING DEMAND FOR PASSENGER SAFETY IN THE AUTOMOTIVE
SECTOR OFFERS SIGNIFICANT OPPORTUNITIES FOR THE HERMETIC PACKAGING MARKET
9.4.2 AIRBAG INITIATION
9.4.3 BATTERY PROTECTION
9.4.4 RADIO FREQUENCY IDENTIFICATION TRANSPONDER OPERATION
FIGURE 31 ASIA PACIFIC EXPECTED TO DOMINATE THE HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY DURING THE FORECAST PERIOD
TABLE 61 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 62 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 63 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 64 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 65 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 66 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 67 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 68 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 69 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 70 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.5 ENERGY & NUCLEAR SAFETY
9.5.1 CHINA IS PROJECTED TO BE THE LARGEST MARKET FOR HERMETIC PACKAGING IN ENERGY & NUCLEAR SAFETY INDUSTRY DURING THE FORECAST PERIOD
9.5.2 ELECTRICAL PENETRATION CONTROL
9.5.3 OIL & GAS APPLICATIONS
9.5.4 FUEL CELL MANUFACTURING
FIGURE 32 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET IN THE ENERGY & NUCLEAR SAFETY INDUSTRY DURING THE FORECAST PERIOD
TABLE 71 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 72 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 73 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 74 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 75 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 76 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 77 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 78 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 79 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 80 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN THE REST OF WORLD, BY REGION, 2020–2025 (USD MILLION)
9.6 MEDICAL
9.6.1 RISING AGING POPULATION DRIVING THE HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY
9.6.2 DENTAL APPLICATIONS
9.6.3 VETERINARY APPLICATIONS
FIGURE 33 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY DURING THE FORECAST PERIOD
TABLE 81 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 82 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 83 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 84 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 85 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 86 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 87 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 88 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 89 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 90 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.7 TELECOMMUNICATIONS
9.7.1 DEMAND FOR HIGH SPEED DATA RATES DRIVING MARKET FOR HERMETICALLY PACKAGED OPTOELECTRONIC COMPONENTS
FIGURE 34 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY DURING THE FORECAST PERIOD
TABLE 91 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 92 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 93 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 94 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 95 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 96 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 97 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 98 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 99 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 100 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.8 CONSUMER ELECTRONICS
9.8.1 INCREASING ADOPTION OF HERMETICALLY PACKAGED ELECTRONIC COMPONENTS IN HOME APPLIANCES EXPECTED TO DRIVE THE MARKET
FIGURE 35 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY DURING THE FORECAST PERIOD
TABLE 101 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 102 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 103 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 104 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 105 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 106 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 107 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 108 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 109 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 110 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.9 OTHERS
FIGURE 36 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES DURING THE FORECAST PERIOD
TABLE 111 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES, BY REGION, 2016–2019 (USD MILLION)
TABLE 112 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES, BY REGION, 2020–2025 (USD MILLION)
TABLE 113 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 114 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 115 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 116 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 117 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 118 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 119 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN THE REST OF
THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 120 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN THE REST OF
THE WORLD, BY REGION, 2020–2025 (USD MILLION)
10 GEOGRAPHIC ANALYSIS
10.1 INTRODUCTION
FIGURE 37 GEOGRAPHIC SNAPSHOT (2019): INDIA AND CHINA ARE EXPECTED TO WITNESS SIGNIFICANT GROWTH DURING THE FORECAST PERIOD
FIGURE 38 ASIA PACIFIC PROJECTED TO GROW AT THE HIGHEST CAGR IN THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
TABLE 121 HERMETIC PACKAGING MARKET, BY REGION, 2016–2019 (USD MILLION)
TABLE 122 HERMETIC PACKAGING MARKET, BY REGION, 2020–2025 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 39 NORTH AMERICA: SNAPSHOT OF HERMETIC PACKAGING MARKET
TABLE 123 HERMETIC PACKAGING MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 124 HERMETIC PACKAGING MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
10.2.1 US
10.2.1.1 US to account for the largest market share in North America during forecast period
10.2.2 CANADA
10.2.2.1 Canadian market to be driven by growing military & defense, consumer electronics, and automotive industries
10.2.3 MEXICO
10.2.3.1 Mexican market to be driven by growing medical industry
in the country
10.3 EUROPE
FIGURE 40 EUROPE: SNAPSHOT OF HERMETIC PACKAGING MARKET
TABLE 125 HERMETIC PACKAGING MARKET IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 126 HERMETIC PACKAGING MARKET IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
10.3.1 GERMANY
10.3.1.1 Increasing number of passenger vehicles to drive market in Germany
10.3.2 FRANCE
10.3.2.1 Growing energy & nuclear safety industry in France to boost the adoption of hermetic packaging for electrical penetration control
and fuel cell manufacturing
10.3.3 ITALY
10.3.3.1 Increased defense expenditure and modernization of defense forces expected to drive the hermetic packaging market in Italy
10.3.4 UK
10.3.4.1 Growth in automotive electronics and consumer electronics expected to significantly drive the UK market
10.3.5 SPAIN
10.3.5.1 Advancements in medical industry expected to drive hermetic packaging market in Spain
10.3.6 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 41 ASIA PACIFIC: SNAPSHOT OF HERMETIC PACKAGING MARKET
TABLE 127 HERMETIC PACKAGING MARKET IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 128 HERMETIC PACKAGING MARKET IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Increasing space research activities expected to significantly drive the hermetic packaging market in China
10.4.2 JAPAN
10.4.2.1 Hermetically packaged components are gaining traction in the manufacture of home appliances in Japan
10.4.3 SOUTH KOREA
10.4.3.1 Growing energy & nuclear safety industry to drive the hermetic packaging market in South Korea
10.4.4 TAIWAN
10.4.4.1 Favorable government initiatives expected to create opportunities for the hermetic packaging market in Taiwan
10.4.5 INDIA
10.4.5.1 India to be fastest-growing market in the Asia Pacific
10.4.6 REST OF ASIA PACIFIC
TABLE 129 HERMETIC PACKAGING MARKET IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 130 HERMETIC PACKAGING MARKET IN THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
10.5 REST OF THE WORLD
10.5.1 SOUTH AMERICA
10.5.1.1 Rising investments in oil & gas to drive market in Middle East
& Africa
10.5.2 MIDDLE EAST & AFRICA
10.5.2.1 Market in Middle East & Africa to grow at highest CAGR during forecast period
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
FIGURE 42 KEY DEVELOPMENT LAUNCHES IN HERMETIC PACKAGING MARKET, 2018 TO MARCH 2020
11.2 MARKET SHARE OF PLAYERS, 2019
TABLE 131 MARKET SHARE ANALYSIS OF HERMETIC PACKAGING MARKET PLAYERS, 2019
11.3 COMPETITIVE LEADERSHIP MAPPING, 2019
11.3.1 VISIONARY LEADERS
11.3.2 INNOVATORS
11.3.3 DYNAMIC DIFFERENTIATORS
11.3.4 EMERGING COMPANIES
FIGURE 43 HERMETIC PACKAGING MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
11.4 COMPETITIVE SITUATIONS & TRENDS
FIGURE 44 MARKET EVOLUTION FRAMEWORK: PRODUCT LAUNCHES FUELLED GROWTH OF HERMETIC PACKAGING MARKET DURING 2018–MARCH 2020
FIGURE 45 PRODUCT LAUNCHES WERE KEY STRATEGIES ADOPTED BY PLAYERS IN HERMETIC PACKAGING MARKET FROM 2018 TO 2019
11.4.1 PRODUCT LAUNCHES
TABLE 132 PRODUCT LAUNCHES, 2018–2019
11.4.2 EXPANSIONS AND PARTNERSHIPS
TABLE 133 EXPANSIONS AND PARTNERSHIPS, 2019
11.4.3 ACQUISITIONS
TABLE 134 ACQUISITIONS, 2018
11.4.4 CONTRACTS AND AGREEMENTS
TABLE 135 CONTRACTS AND AGREEMENTS, 2019
12 COMPANY PROFILES
(Business overview, Products offered, Recent developments, SWOT analysis & MnM View)*
12.1 KEY PLAYERS
12.1.1 SCHOTT
FIGURE 46 SCHOTT: COMPANY SNAPSHOT
12.1.2 AMETEK, INC.
FIGURE 47 AMETEK, INC.: COMPANY SNAPSHOT
12.1.3 AMKOR TECHNOLOGY, INC.
FIGURE 48 AMKOR TECHNOLOGY, INC.: COMPANY SNAPSHOT
12.1.4 TEXAS INSTRUMENTS INCORPORATED
FIGURE 49 TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT
12.1.5 TELEDYNE TECHNOLOGIES INCORPORATED
FIGURE 50 TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY SNAPSHOT
12.1.6 KYOCERA CORPORATION
FIGURE 51 KYOCERA CORPORATION: COMPANY SNAPSHOT
12.1.7 MATERION CORPORATION
FIGURE 52 MATERION CORPORATION: COMPANY SNAPSHOT
12.1.8 EGIDE
FIGURE 53 EGIDE: COMPANY SNAPSHOT
12.1.9 MICROSS COMPONENTS INC.
12.1.10 LEGACY TECHNOLOGIES INC.
*Details on Business overview, Products offered, Recent developments, SWOT analysis & MnM View might not be captured in case of unlisted companies.
12.2 RIGHT TO WIN
12.3 OTHER COMPANIES
12.3.1 WILLOW TECHNOLOGIES
12.3.2 RENESAS ELECTRONICS CORPORATION (INTERSIL CORPORATION)
12.3.3 SGA TECHNOLOGIES LTD
12.3.4 COMPLETE HERMETICS
12.3.5 SPECIAL HERMETIC PRODUCTS INC.
12.3.6 COAT-X
12.3.7 HERMETIC SOLUTIONS GROUP
12.3.8 STRATEDGE
12.3.9 BEL FUSE INC.
12.3.10 ITT, INC.
12.3.11 ROSENBERGER
12.3.12 MACKIN TECHNOLOGIES
12.3.13 PALOMAR TECHNOLOGIES
12.3.14 CERAMTEC
12.3.15 APTIV PLC (WINCHESTER INTERCONNECT)
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 OBJECTIVES OF STUDY
1.2 DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKETS COVERED
1.4 YEARS CONSIDERED FOR STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 PROCESS FLOW OF MARKET SIZE ESTIMATION
FIGURE 3 HERMETIC PACKAGING MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for capturing the market share by bottom-up analysis (demand side)
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing the market share by top-down analysis (supply side)
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 ASSUMPTIONS
3 EXECUTIVE SUMMARY
FIGURE 7 POST-COVID-19 IMPACT ANALYSIS OF HERMETIC PACKAGING MARKET
3.1 REALISTIC SCENARIO
3.2 PESSIMISTIC SCENARIO
3.3 OPTIMISTIC SCENARIO
FIGURE 8 MULTILAYER CERAMIC PACKAGES EXPECTED TO DOMINATE THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
FIGURE 9 CERAMIC–METAL SEALING PROJECTED TO DOMINATE THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
FIGURE 10 HERMETIC PACKAGING MARKET FOR TRANSISTORS PROJECTED TO LEAD DURING THE FORECAST PERIOD
FIGURE 11 HERMETIC PACKAGING MARKET FOR MILITARY & DEFENSE EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 12 ASIA PACIFIC ACCOUNTED FOR THE LARGEST SHARE OF THE HERMETIC PACKAGING MARKET IN 2019
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE HERMETIC PACKAGING MARKET
FIGURE 13 HERMETIC PACKAGING MARKET PROJECTED TO GROW AT A SIGNIFICANT CAGR DURING THE FORECAST PERIOD OWING TO INCREASING DEMAND FROM THE ASIA PACIFIC
4.2 HERMETIC PACKAGING MARKET, BY CONFIGURATION
FIGURE 14 MULTILAYER CERAMIC PACKAGES EXPECTED TO LEAD THE HERMETIC PACKAGING MARKET BY 2025
4.3 HERMETIC PACKAGING MARKET, BY TYPE
FIGURE 15 MARKET FOR CERAMIC-METAL SEALING PROJECTED TO GROW AT THE HIGHEST CAGR
4.4 HERMETIC PACKAGING MARKET, BY INDUSTRY
FIGURE 16 MILITARY & DEFENSE INDUSTRY PROJECTED TO LEAD BY 2025
4.5 HERMETIC PACKAGING MARKET, BY APPLICATION AND COUNTRY
FIGURE 17 TRANSISTORS APPLICATION PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET
4.6 HERMETIC PACKAGING MARKET, BY COUNTRY
FIGURE 18 HERMETIC PACKAGING MARKET IN THE US PROJECTED TO GROW AT THE HIGHEST CAGR
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 MARKET DYNAMICS: OVERVIEW
5.2.1 DRIVERS
5.2.1.1 Increasing use of hermetic packaging for protecting highly sensitive electronic components
5.2.1.2 Increasing demand from industries such as aerospace and automobile electronics
5.2.2 RESTRAINTS
5.2.2.1 Stringent leak rate requirements for hermetic packaging
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of hermetic packaging for the protection of implantable medical devices
5.2.3.2 Increasing demand in the Asia Pacific for hermetically packaged ICs and components for various applications
5.2.4 CHALLENGES
5.2.4.1 High infrastructure cost incurred due to the controlled and regulated packaging environment
5.2.4.2 Emergence of quasi-hermetic packaging
5.3 VALUE CHAIN ANALYSIS
FIGURE 20 VALUE CHAIN ANALYSIS: HERMETIC PACKAGING MARKET
5.4 IMPACT OF COVID-19 ON THE HERMETIC PACKAGING MARKET
5.5 TRENDS IN HERMETIC PACKAGING APPLICATIONS
5.5.1 INCREASING FOCUS ON DATA AND HIGHER TRANSMISSION RATES ARE LEADING TO THE NEED FOR HIGH-PERFORMANCE CHIPS
5.5.2 USE OF A WIDE RANGE OF MATERIALS IN HERMETIC PACKAGING
5.5.3 HERMETIC PACKAGING ADDRESSING THE NEED FOR MINIATURIZATION IN MODERN-DAY ELECTRONICS
5.6 PRICING OF HERMETIC PACKAGES
6 HERMETIC PACKAGING MARKET, BY CONFIGURATION
6.1 INTRODUCTION
FIGURE 21 THE MULTILAYER CERAMIC PACKAGES SEGMENT PROJECTED TO DOMINATE THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
TABLE 1 HERMETIC PACKAGING MARKET, BY CONFIGURATION, 2015–2019 (USD MILLION)
TABLE 2 HERMETIC PACKAGING MARKET, BY CONFIGURATION, 2020–2025 (USD MILLION)
6.2 MULTILAYER CERAMIC PACKAGES
6.2.1 SUITABILITY OF MULTILAYER PACKAGING FOR HIGH-FREQUENCY APPLICATIONS IS EXPECTED TO DRIVE ADOPTION IN THE MILITARY & DEFENSE INDUSTRY
TABLE 3 HERMETIC PACKAGING MARKET FOR MULTILAYER CERAMIC PACKAGES, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 4 HERMETIC PACKAGING MARKET FOR MULTILAYER CERAMIC PACKAGES, BY INDUSTRY, 2020–2025 (USD MILLION)
6.3 PRESSED CERAMIC PACKAGES
6.3.1 COST-EFFECTIVENESS OF PRESSED CERAMIC PACKAGES DRIVING THE HERMETIC PACKAGING MARKET
TABLE 5 HERMETIC PACKAGING MARKET FOR PRESSED CERAMIC PACKAGES, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 6 HERMETIC PACKAGING MARKET FOR PRESSED CERAMIC PACKAGES, BY INDUSTRY, 2020–2025 (USD MILLION)
6.4 METAL CAN PACKAGES
6.4.1 INCREASING FOCUS OF THE AUTOMOTIVE INDUSTRY ON COMPLETE AUTOMATIZATION AND PASSENGER SAFETY DRIVING DEMAND FOR METAL CAN PACKAGED SENSORS
TABLE 7 HERMETIC PACKAGING MARKET FOR METAL CAN PACKAGES, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 8 HERMETIC PACKAGING MARKET FOR METAL CAN PACKAGES, BY INDUSTRY, 2020–2025 (USD MILLION)
7 HERMETIC PACKAGING MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 22 CERAMIC–METAL SEALING PROJECTED TO DOMINATE THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
TABLE 9 HERMETIC PACKAGING MARKET, BY TYPE, 2016–2019 (USD MILLION)
TABLE 10 HERMETIC PACKAGING MARKET, BY TYPE, 2020–2025 (USD MILLION)
7.2 CERAMIC–METAL (CERTM) SEALING
7.2.1 HIGH ADOPTION OF CERTM HERMETICALLY SEALED TRANSISTORS BY THE AERONAUTICS & SPACE INDUSTRY
FIGURE 23 CERAMIC–METAL (CERTM) SEALING MARKET FOR PHOTO DIODES PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 11 HERMETIC PACKAGING MARKET FOR CERAMIC–METAL (CERTM) SEALING, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 12 HERMETIC PACKAGING MARKET FOR CERAMIC–METAL (CERTM) SEALING, BY APPLICATION, 2020–2025 (USD MILLION)
7.3 GLASS–METAL SEALING (GTMS)
7.3.1 GTMS PROVIDES SOLUTION FOR MEMS SWITCHES USED IN THE AUTOMOTIVE INDUSTRY FOR DESIGNING AUTOMATIZED CARS
FIGURE 24 GLASS–METAL SEALING (GTMS) FOR MEMS SWITCHES PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 13 HERMETIC PACKAGING MARKET FOR GLASS–METAL SEALING (GTMS), BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 14 HERMETIC PACKAGING MARKET FOR GLASS–METAL SEALING (GTMS), BY APPLICATION, 2020–2025 (USD MILLION)
7.4 PASSIVATION GLASS
7.4.1 ADOPTION OF PASSIVATION GLASS FOR HERMETIC SEALING OF TRANSISTORS IS EXPECTED TO INCREASE SIGNIFICANTLY DURING THE FORECAST PERIOD
TABLE 15 HERMETIC PACKAGING MARKET FOR PASSIVATION GLASS, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 16 HERMETIC PACKAGING MARKET FOR PASSIVATION GLASS, BY APPLICATION, 2020–2025 (USD MILLION)
7.5 TRANSPONDER GLASS
7.5.1 EXCELLENT BIOCOMPATIBILITY PROVIDED BY TRANSPONDER GLASS FOR VETERINARY APPLICATIONS EXPECTED TO DRIVE ADOPTION IN MEMS SWITCHES FOR LIVESTOCK FARMING
TABLE 17 HERMETIC PACKAGING MARKET FOR TRANSPONDER GLASS, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 18 HERMETIC PACKAGING MARKET FOR TRANSPONDER GLASS, BY APPLICATION, 2020–2025 (USD MILLION)
7.6 REED GLASS
7.6.1 REED GLASS HIGHEST SUITED HERMETIC SEALING FOR REED SWITCHES
AND MEMS SWITCHES
TABLE 19 HERMETIC PACKAGING MARKET FOR REED GLASS, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 20 HERMETIC PACKAGING MARKET FOR REED GLASS, BY APPLICATION, 2020–2025 (USD MILLION)
8 HERMETIC PACKAGING MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 25 HERMETIC PACKAGING MARKET FOR MEMS SWITCHES PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 21 HERMETIC PACKAGING MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 22 HERMETIC PACKAGING MARKET, BY APPLICATION, 2020–2025 (USD MILLION)
8.2 TRANSISTORS
8.2.1 INCREASING DEMAND FOR HERMETICALLY PACKAGED TRANSISTORS FOR HIGH-FREQUENCY TELECOMMUNICATION DEVICES DRIVING THE MARKET
TABLE 23 HERMETIC PACKAGING MARKET FOR TRANSISTORS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 24 HERMETIC PACKAGING MARKET FOR TRANSISTORS, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.3 SENSORS
8.3.1 MAJORITY OF THE SENSORS ARE MULTILAYER CERAMIC PACKAGED
TABLE 25 HERMETIC PACKAGING MARKET FOR SENSORS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 26 HERMETIC PACKAGING MARKET FOR SENSORS, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.4 LASERS
8.4.1 MULTILAYER CERAMIC PACKAGES BEST SUITED FOR LASERS IN MEDICAL AND CUTTING & WELDING APPLICATIONS
TABLE 27 HERMETIC PACKAGING MARKET FOR LASERS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 28 HERMETIC PACKAGING MARKET FOR LASERS, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.5 AIRBAG IGNITORS
8.5.1 INCREASING FOCUS ON PASSENGER SAFETY DRIVING ADOPTION OF HERMETICALLY PACKAGED AIRBAG IGNITERS
TABLE 29 HERMETIC PACKAGING MARKET FOR AIRBAG IGNITORS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 30 HERMETIC PACKAGING MARKET FOR AIRBAG IGNITORS, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.6 PHOTODIODES
8.6.1 HERMETICALLY PACKAGED PHOTODIODES MAJORLY USED IN FIBER-OPTIC COMMUNICATION, INSTRUMENTATION, AND DATA TRANSMISSION
FIGURE 26 MULTILAYER CERAMIC PACKAGED PHOTODIODES PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
TABLE 31 HERMETIC PACKAGING MARKET FOR PHOTODIODES, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 32 HERMETIC PACKAGING MARKET FOR PHOTODIODES, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.7 OSCILLATING CRYSTALS
8.7.1 INCREASING DEMAND FOR CONSUMER ELECTRONIC DEVICES DRIVING THE MARKET FOR OSCILLATING CRYSTALS
TABLE 33 HERMETIC PACKAGING MARKET FOR OSCILLATING CRYSTALS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 34 HERMETIC PACKAGING MARKET FOR OSCILLATING CRYSTALS, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.8 MEMS SWITCHES
8.8.1 INCREASE IN DEMAND FOR COMPLETE AUTOMATIZATION OF AUTOMOBILES DRIVING MARKET FOR MEMS SWITCHES
FIGURE 27 MULTILAYER CERAMIC PACKAGES PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR MEMS SWITCHES DURING THE FORECAST PERIOD
TABLE 35 HERMETIC PACKAGING MARKET FOR MEMS SWITCHES, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 36 HERMETIC PACKAGING MARKET FOR MEMS SWITCHES, BY CONFIGURATION, 2020–2025 (USD MILLION)
8.9 OTHERS
TABLE 37 HERMETIC PACKAGING MARKET FOR OTHER APPLICATIONS, BY CONFIGURATION, 2016–2019 (USD MILLION)
TABLE 38 HERMETIC PACKAGING MARKET FOR OTHER APPLICATIONS, BY CONFIGURATION, 2020–2025 (USD MILLION)
9 HERMETIC PACKAGING MARKET, BY INDUSTRY
9.1 INTRODUCTION
FIGURE 28 MILITARY & DEFENSE INDUSTRY PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
TABLE 39 HERMETIC PACKAGING MARKET, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 40 HERMETIC PACKAGING MARKET, BY INDUSTRY, 2020–2025 (USD MILLION)
9.2 MILITARY & DEFENSE
9.2.1 INCREASED DEFENSE SPENDING TO MODERNIZE ARMIES DRIVING THE NEED FOR RELIABLE AND HIGH-QUALITY HERMETICALLY PACKAGED ELECTRONIC COMPONENTS
FIGURE 29 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN THE ASIA PACIFIC PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 41 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 42 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 43 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 44 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 45 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 46 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 47 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 48 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 49 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 50 HERMETIC PACKAGING MARKET FOR THE MILITARY & DEFENSE INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.3 AERONAUTICS & SPACE
9.3.1 COVID-19 PANDEMIC HAS DISRUPTED AIRCRAFT MANUFACTURING AND SPACE LAUNCHES AFFECTING THE DEMAND FOR HERMETICALLY PACKAGED PRODUCTS
FIGURE 30 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY DURING THE FORECAST PERIOD
TABLE 51 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 52 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 53 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 54 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 55 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 56 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 57 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 58 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 59 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 60 HERMETIC PACKAGING MARKET FOR THE AERONAUTICS & SPACE INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.4 AUTOMOTIVE
9.4.1 INCREASING DEMAND FOR PASSENGER SAFETY IN THE AUTOMOTIVE
SECTOR OFFERS SIGNIFICANT OPPORTUNITIES FOR THE HERMETIC PACKAGING MARKET
9.4.2 AIRBAG INITIATION
9.4.3 BATTERY PROTECTION
9.4.4 RADIO FREQUENCY IDENTIFICATION TRANSPONDER OPERATION
FIGURE 31 ASIA PACIFIC EXPECTED TO DOMINATE THE HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY DURING THE FORECAST PERIOD
TABLE 61 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 62 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 63 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 64 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 65 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 66 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 67 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 68 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 69 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 70 HERMETIC PACKAGING MARKET FOR THE AUTOMOTIVE INDUSTRY IN
THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.5 ENERGY & NUCLEAR SAFETY
9.5.1 CHINA IS PROJECTED TO BE THE LARGEST MARKET FOR HERMETIC PACKAGING IN ENERGY & NUCLEAR SAFETY INDUSTRY DURING THE FORECAST PERIOD
9.5.2 ELECTRICAL PENETRATION CONTROL
9.5.3 OIL & GAS APPLICATIONS
9.5.4 FUEL CELL MANUFACTURING
FIGURE 32 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET IN THE ENERGY & NUCLEAR SAFETY INDUSTRY DURING THE FORECAST PERIOD
TABLE 71 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 72 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 73 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 74 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 75 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 76 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 77 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 78 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 79 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 80 HERMETIC PACKAGING MARKET FOR THE ENERGY & NUCLEAR SAFETY INDUSTRY IN THE REST OF WORLD, BY REGION, 2020–2025 (USD MILLION)
9.6 MEDICAL
9.6.1 RISING AGING POPULATION DRIVING THE HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY
9.6.2 DENTAL APPLICATIONS
9.6.3 VETERINARY APPLICATIONS
FIGURE 33 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY DURING THE FORECAST PERIOD
TABLE 81 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 82 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 83 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 84 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 85 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 86 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 87 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 88 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 89 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 90 HERMETIC PACKAGING MARKET FOR THE MEDICAL INDUSTRY IN
THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.7 TELECOMMUNICATIONS
9.7.1 DEMAND FOR HIGH SPEED DATA RATES DRIVING MARKET FOR HERMETICALLY PACKAGED OPTOELECTRONIC COMPONENTS
FIGURE 34 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY DURING THE FORECAST PERIOD
TABLE 91 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 92 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 93 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 94 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 95 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 96 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 97 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 98 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 99 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 100 HERMETIC PACKAGING MARKET FOR THE TELECOMMUNICATIONS INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.8 CONSUMER ELECTRONICS
9.8.1 INCREASING ADOPTION OF HERMETICALLY PACKAGED ELECTRONIC COMPONENTS IN HOME APPLIANCES EXPECTED TO DRIVE THE MARKET
FIGURE 35 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY DURING THE FORECAST PERIOD
TABLE 101 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 102 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
TABLE 103 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 104 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 105 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 106 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 107 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 108 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 109 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 110 HERMETIC PACKAGING MARKET FOR THE CONSUMER ELECTRONICS INDUSTRY IN THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
9.9 OTHERS
FIGURE 36 ASIA PACIFIC PROJECTED TO LEAD THE HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES DURING THE FORECAST PERIOD
TABLE 111 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES, BY REGION, 2016–2019 (USD MILLION)
TABLE 112 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES, BY REGION, 2020–2025 (USD MILLION)
TABLE 113 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 114 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 115 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 116 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 117 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 118 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 119 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN THE REST OF
THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 120 HERMETIC PACKAGING MARKET FOR OTHER INDUSTRIES IN THE REST OF
THE WORLD, BY REGION, 2020–2025 (USD MILLION)
10 GEOGRAPHIC ANALYSIS
10.1 INTRODUCTION
FIGURE 37 GEOGRAPHIC SNAPSHOT (2019): INDIA AND CHINA ARE EXPECTED TO WITNESS SIGNIFICANT GROWTH DURING THE FORECAST PERIOD
FIGURE 38 ASIA PACIFIC PROJECTED TO GROW AT THE HIGHEST CAGR IN THE HERMETIC PACKAGING MARKET DURING THE FORECAST PERIOD
TABLE 121 HERMETIC PACKAGING MARKET, BY REGION, 2016–2019 (USD MILLION)
TABLE 122 HERMETIC PACKAGING MARKET, BY REGION, 2020–2025 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 39 NORTH AMERICA: SNAPSHOT OF HERMETIC PACKAGING MARKET
TABLE 123 HERMETIC PACKAGING MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 124 HERMETIC PACKAGING MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
10.2.1 US
10.2.1.1 US to account for the largest market share in North America during forecast period
10.2.2 CANADA
10.2.2.1 Canadian market to be driven by growing military & defense, consumer electronics, and automotive industries
10.2.3 MEXICO
10.2.3.1 Mexican market to be driven by growing medical industry
in the country
10.3 EUROPE
FIGURE 40 EUROPE: SNAPSHOT OF HERMETIC PACKAGING MARKET
TABLE 125 HERMETIC PACKAGING MARKET IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 126 HERMETIC PACKAGING MARKET IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
10.3.1 GERMANY
10.3.1.1 Increasing number of passenger vehicles to drive market in Germany
10.3.2 FRANCE
10.3.2.1 Growing energy & nuclear safety industry in France to boost the adoption of hermetic packaging for electrical penetration control
and fuel cell manufacturing
10.3.3 ITALY
10.3.3.1 Increased defense expenditure and modernization of defense forces expected to drive the hermetic packaging market in Italy
10.3.4 UK
10.3.4.1 Growth in automotive electronics and consumer electronics expected to significantly drive the UK market
10.3.5 SPAIN
10.3.5.1 Advancements in medical industry expected to drive hermetic packaging market in Spain
10.3.6 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 41 ASIA PACIFIC: SNAPSHOT OF HERMETIC PACKAGING MARKET
TABLE 127 HERMETIC PACKAGING MARKET IN THE ASIA PACIFIC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 128 HERMETIC PACKAGING MARKET IN THE ASIA PACIFIC, BY COUNTRY, 2020–2025 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Increasing space research activities expected to significantly drive the hermetic packaging market in China
10.4.2 JAPAN
10.4.2.1 Hermetically packaged components are gaining traction in the manufacture of home appliances in Japan
10.4.3 SOUTH KOREA
10.4.3.1 Growing energy & nuclear safety industry to drive the hermetic packaging market in South Korea
10.4.4 TAIWAN
10.4.4.1 Favorable government initiatives expected to create opportunities for the hermetic packaging market in Taiwan
10.4.5 INDIA
10.4.5.1 India to be fastest-growing market in the Asia Pacific
10.4.6 REST OF ASIA PACIFIC
TABLE 129 HERMETIC PACKAGING MARKET IN THE REST OF THE WORLD, BY REGION, 2016–2019 (USD MILLION)
TABLE 130 HERMETIC PACKAGING MARKET IN THE REST OF THE WORLD, BY REGION, 2020–2025 (USD MILLION)
10.5 REST OF THE WORLD
10.5.1 SOUTH AMERICA
10.5.1.1 Rising investments in oil & gas to drive market in Middle East
& Africa
10.5.2 MIDDLE EAST & AFRICA
10.5.2.1 Market in Middle East & Africa to grow at highest CAGR during forecast period
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
FIGURE 42 KEY DEVELOPMENT LAUNCHES IN HERMETIC PACKAGING MARKET, 2018 TO MARCH 2020
11.2 MARKET SHARE OF PLAYERS, 2019
TABLE 131 MARKET SHARE ANALYSIS OF HERMETIC PACKAGING MARKET PLAYERS, 2019
11.3 COMPETITIVE LEADERSHIP MAPPING, 2019
11.3.1 VISIONARY LEADERS
11.3.2 INNOVATORS
11.3.3 DYNAMIC DIFFERENTIATORS
11.3.4 EMERGING COMPANIES
FIGURE 43 HERMETIC PACKAGING MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
11.4 COMPETITIVE SITUATIONS & TRENDS
FIGURE 44 MARKET EVOLUTION FRAMEWORK: PRODUCT LAUNCHES FUELLED GROWTH OF HERMETIC PACKAGING MARKET DURING 2018–MARCH 2020
FIGURE 45 PRODUCT LAUNCHES WERE KEY STRATEGIES ADOPTED BY PLAYERS IN HERMETIC PACKAGING MARKET FROM 2018 TO 2019
11.4.1 PRODUCT LAUNCHES
TABLE 132 PRODUCT LAUNCHES, 2018–2019
11.4.2 EXPANSIONS AND PARTNERSHIPS
TABLE 133 EXPANSIONS AND PARTNERSHIPS, 2019
11.4.3 ACQUISITIONS
TABLE 134 ACQUISITIONS, 2018
11.4.4 CONTRACTS AND AGREEMENTS
TABLE 135 CONTRACTS AND AGREEMENTS, 2019
12 COMPANY PROFILES
(Business overview, Products offered, Recent developments, SWOT analysis & MnM View)*
12.1 KEY PLAYERS
12.1.1 SCHOTT
FIGURE 46 SCHOTT: COMPANY SNAPSHOT
12.1.2 AMETEK, INC.
FIGURE 47 AMETEK, INC.: COMPANY SNAPSHOT
12.1.3 AMKOR TECHNOLOGY, INC.
FIGURE 48 AMKOR TECHNOLOGY, INC.: COMPANY SNAPSHOT
12.1.4 TEXAS INSTRUMENTS INCORPORATED
FIGURE 49 TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT
12.1.5 TELEDYNE TECHNOLOGIES INCORPORATED
FIGURE 50 TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY SNAPSHOT
12.1.6 KYOCERA CORPORATION
FIGURE 51 KYOCERA CORPORATION: COMPANY SNAPSHOT
12.1.7 MATERION CORPORATION
FIGURE 52 MATERION CORPORATION: COMPANY SNAPSHOT
12.1.8 EGIDE
FIGURE 53 EGIDE: COMPANY SNAPSHOT
12.1.9 MICROSS COMPONENTS INC.
12.1.10 LEGACY TECHNOLOGIES INC.
*Details on Business overview, Products offered, Recent developments, SWOT analysis & MnM View might not be captured in case of unlisted companies.
12.2 RIGHT TO WIN
12.3 OTHER COMPANIES
12.3.1 WILLOW TECHNOLOGIES
12.3.2 RENESAS ELECTRONICS CORPORATION (INTERSIL CORPORATION)
12.3.3 SGA TECHNOLOGIES LTD
12.3.4 COMPLETE HERMETICS
12.3.5 SPECIAL HERMETIC PRODUCTS INC.
12.3.6 COAT-X
12.3.7 HERMETIC SOLUTIONS GROUP
12.3.8 STRATEDGE
12.3.9 BEL FUSE INC.
12.3.10 ITT, INC.
12.3.11 ROSENBERGER
12.3.12 MACKIN TECHNOLOGIES
12.3.13 PALOMAR TECHNOLOGIES
12.3.14 CERAMTEC
12.3.15 APTIV PLC (WINCHESTER INTERCONNECT)
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
According to the new market research report "Hermetic Packaging Market by Configuration (Multilayer Ceramic Packages, Metal Can Packages, Pressed Ceramic Packages), Type (Ceramic-Metal Sealing, Glass-Metal Sealing), Application, Industry, and Geography - Global Forecast to 2023", the overall hermetic packaging market is estimated at USD 3.25 Billion in 2018 and is expected to reach USD 4.52 Billion by 2023, growing at a CAGR of 6.80% between 2018 and 2023. The major factors driving the growth of the hermetic technology market include rising adoption of hermetic packaging for protecting highly sensitive electronic components and growing demand from industries such as automobile electronics and aerospace.
The present market is dominated by the players such as
- SCHOTT AG (Germany)
- Teledyne Microelectronics (US)
- AMETEK. (US)
- Texas Instruments (US)
- Amkor Technology (US)
- Micross Components (US)
- Legacy Technologies Inc. (US)
- KYOCERA Corporation (Japan)
- Materion Corporation (US)
- Willow Technologies (UK)
Multilayer ceramic packages are expected to lead the global hermetic packaging market between 2018 and 2023
Multilayer ceramic packages held a major market share in 2017 and is expected to grow at the highest rate between 2018 and 2023. The key factor driving this market is high adoption rate of the multilayer ceramic packages for high-frequency applications such as data communication, wireless communication, and optical communication because they offer better hermeticity than other configurations for high-frequency applications, and also enable a large number of electrical feedthroughs within small spaces.
The aeronautics and space industry is expected to grow at the highest rate between 2018 and 2023
There would be a significant rise in the hermetic packaging market for the aeronautics and space industry between 2018 and 2023. A high number of satellite launches, such as Matter Particle Explorer in December 2015 by China, is one of the key driving factors for the said market. In October 2015, Indian Space Research Organisation (ISRO) announced a joint venture with NASA and JAXA for initiating its own space observatory mission to get a closer look at the galaxies in the outer space. Significant interest for space research in the APAC countries, such as China and India, is expected to propel the market for the aeronautics and space industry in APAC.
The hermetic packaging market in APAC expected to capture the largest market share during the forecast period
The market in APAC is expected to grow at the highest CAGR between 2018 and 2023. The increasing energy needs backed by the high GDP growth rate in developing countries such as China and India is creating opportunities for the manufacturers of hermetically packaged components in APAC. Countries such as China, Japan, and India are now stepping up in space research. The contribution of these countries in space-related activities, such as satellite launches and space exploration missions, is also expected to propel the hermetic packaging market further.
