The global Hermetic Packaging market was valued at US$ 3270.5 million in 2022 and is projected to reach US$ 4683.4 million by 2029, at a CAGR of 5.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Hermetic Packaging market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Hermetic Packaging market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Hermetic Packaging market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The need of a packaging method that can protect highly sensitive electronic components for several years and the growing demand for hermetically packaged components from industries, such as automotive, electronics, and aeronautics and space, are some of the major drivers for the hermetic packaging market. However, stringent military standards for hermetic packaging is a key factor restraining the growth of this market.
This report aims to provide a comprehensive presentation of the global market for Hermetic Packaging, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hermetic Packaging. This report contains market size and forecasts of Hermetic Packaging in global, including the following market information:
- Global Hermetic Packaging Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
The military & defense industry is expected to capture the largest market share in 2018. High defense budget allocation by the North American countries-the US, Canada, and Mexico; and rising adoption of hermetically packaged components for border security needs by developing countries, such as China and India, across APAC are expected to contribute to the growth of the hermetic packaging market for the military & defense industry.
We surveyed the Hermetic Packaging companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hermetic Packaging Market, by Configuration, 2018-2023, 2024-2030 ($ millions)
Global Hermetic Packaging Market Segment Percentages, by Configuration, 2022 (%)
- Multilayer Ceramic Packages
- Pressed Ceramic Packages
- Metal Can Packages
Global Hermetic Packaging Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Hermetic Packaging Market Segment Percentages, by Application, 2022 (%)
- Military & Defense
- Aeronautics And Space
- Automotive
- Energy
- Medical
- Telecommunications
- Consumer Electronics
- Others
Global Hermetic Packaging Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Hermetic Packaging Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Hermetic Packaging revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Hermetic Packaging revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Schott
- Ametek
- Amkor
- Texas Instruments
- Teledyne Microelectronics
- Materion
- Egide
- Micross Components
- Legacy Technologies
- Willow Technologies
- Intersil
- Sga Technologies
- Complete Hermetics
- Shp
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hermetic Packaging, market overview.
Chapter 2: Global Hermetic Packaging market size in revenue.
Chapter 3: Detailed analysis of Hermetic Packaging company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by configuration, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Hermetic Packaging in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.