The latest market report published by Credence Research, Inc. “Global Hermetic Packaging Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028″. The Global Hermetic Packaging Market generated revenue of around USD 3.7 billion in 2021 and is anticipated to grow a CAGR of over 4.1% during the forecast period from 2022 to 2028 to reach around USD 4.7 billion in 2028. While cumulative growth opportunity presented by the global hermetic packaging is around USD 1.008 billion from 2022 to 2028.
Consumer electronics’ expanding popularity and their widespread use in packaging activities are two factors propelling the market’s expansion. The growing middle class, shifting lifestyle preferences, and a rising inclination to use smart electronic gadgets are some of the main drivers supporting the expansion of the worldwide consumer electronics market. Hermetic packaging has a broad range of applications in packaging operations of developing industries, which is a significant factor propelling the market for hermetic packaging. Foods, medications, and other chemicals need packaging that keeps a seal against gas passage. Barrier packing and vacuum packaging of packaged foods are two hermetic packaging techniques that significantly aid in the prevention of the content. In addition, hermetic Packaging is engaged in infrastructure development, construction, and food and beverage. Airtight technologies are being used in structures created using sustainable architectural principles to save energy.
The global Hermetic Packaging market is bifurcated into Configuration, Type, Application, Industry, and Geography. Based on configuration, the market is categorized into multilayer ceramic packages, pressed ceramic packages, and metal can packages. Based on type, the global market is segmented into passivation glass, reed glass, transponder glass, glass-metal sealing (GTMS), and ceramic-metal sealing (CERTM). Based on the application, the market is bifurcated into transistors, sensors, lasers, airbag ignitors, photo diodes, oscillating crystals, MEMS switches, and others. By industry, the market is categorized into military & defense, aeronautics & space, automotive, energy & nuclear safety, medical, telecommunication, consumer electronics, and others. On the basis of geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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Hermetic Packaging Market Scope
|
Report Attribute |
Details |
|
Market Value in 2021 |
USD 3.7 billion |
|
Market Value in 2028 |
USD 4.708 billion |
|
CAGR |
4.1% |
|
Benchmarking Year |
2021 |
|
Past data |
2016 – 2021 |
|
Forecast period |
2022 – 2028 |
Segmentation of Global Hermetic Packaging Market –
Global Hermetic Packaging Market – By Configuration
- Multilayer Ceramic Packages
- Pressed Ceramic Packages
- Metal Can Packages
Global Hermetic Packaging Market – By Type
- Passivation Glass
- Reed Glass
- Transponder Glass
- Glass-Metal Sealing (GTMS)
- Ceramic-Metal Sealing (CERTM)
Global Hermetic Packaging Market – By Application
- Transistors
- Sensors
- Lasers
- Airbag Ignitors
- Photo Diodes
- Oscillating Crystals
- MEMS Switch
- Others
Global Hermetic Packaging Market – By Industry
- Military & Defense
- Aeronautics & Space
- Automotive
- Energy & Nuclear Safety
- Medical
- Telecommunication
- Consumer Electronics
- Others
Why to Buy This Report-
- The report offers a qualitative and quantitative analysis of the global hermetic packaging market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics for the 2016-2020 period, the base year 2021, and the forecast period 2022-2028.
- The report includes information about the competitive landscape, such as how the market’s key players operate at the global, regional, and country levels.
- In-depth analysis of the global market segmentation based on configuration, type, application, industry, and geography.
- The report includes comprehensive and authentic data for all factors such as supply and demand, CAGR, consumer purchasing trends, and several others.
- The global hermetic packaging market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
Table Of Content:
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Hermetic Packaging Market
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Hermetic Packaging Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Configuration
3.3.4. Vertical
3.3.5. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis
4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players
5. COVID 19 Impact Analysis
5.1. Global Hermetic Packaging Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply
6. North America
6.1. North America Hermetic Packaging Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Hermetic Packaging Market, by Type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Passivation Glass
6.2.3. Reed Glass
6.2.4. Transponder Glass
6.2.5. Glass-Metal Sealing (GTMS)
6.2.6. Ceramic-Metal Sealing (CERTM)
6.2.7. Others
6.3. North America Hermetic Packaging Market, by Application, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Transistors
6.3.3. Sensors
6.3.4. Lasers
6.3.5. Airbag Ignitors
6.3.6. Photo Diodes
6.3.7. Oscillating Crystals
6.3.8. MEMS Switch
6.3.9. Others
6.4. North America Hermetic Packaging Market, by Configuration, 2016-2028(US$ Bn)
6.4.1. Overview
6.4.2. Multilayer Ceramic Packages
6.4.3. Pressed Ceramic Packages
6.4.4. Metal Can Packages
6.5. North America Hermetic Packaging Market, by Vertical, 2016-2028(US$ Bn)
6.5.1. Overview
6.5.2. Military & Defense
6.5.3. Aeronautics & Space
6.5.4. Automotive
6.5.5. Energy & Nuclear Safety
6.5.6. Medical
6.5.7. Telecommunication
6.5.8. Medical and Life Sciences
6.5.9. Consumer Electronics
6.5.10. Others
7. Europe
……………….
8. Asia Pacific
……………
9. Latin America
…………..
10. Middle East
…………..
11. Africa
……………
12. Global
12.1. Global Hermetic Packaging Market, by Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Passivation Glass
12.1.3. Reed Glass
12.1.4. Transponder Glass
12.1.5. Glass-Metal Sealing (GTMS)
12.1.6. Ceramic-Metal Sealing (CERTM)
12.1.7. Others
12.2. Global Hermetic Packaging Market, by Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Transistors
12.2.3. Sensors
12.2.4. Lasers
12.2.5. Airbag Ignitors
12.2.6. Photo Diodes
12.2.7. Oscillating Crystals
12.2.8. MEMS Switch
12.2.9. Others
12.3. Global Hermetic Packaging Market, by Configuration, 2016-2028(US$ Bn)
12.3.1. Overview
12.3.2. Multilayer Ceramic Packages
12.3.3. Pressed Ceramic Packages
12.3.4. Metal Can Packages
12.4. Global Hermetic Packaging Market, by Vertical, 2016-2028(US$ Bn)
12.4.1. Overview
12.4.2. Military & Defense
12.4.3. Aeronautics & Space
12.4.4. Automotive
12.4.5. Energy & Nuclear Safety
12.4.6. Medical
12.4.7. Telecommunication
12.4.8. Medical and Life Sciences
12.4.9. Consumer Electronics
12.4.10. Others
13. Company Profiles
13.1. SCHOTT
13.2. Amkor Technology Inc.
13.3. AMETEK Inc.
13.4. Texas Instruments Incorporated
13.5. Kyocera Corporation
13.6. Teledyne Technologies
13.7. Materion Corporation
13.8. Egide
13.9. Legacy Technologies Inc.
13.10. SGA Technologies
13.11. Hermetics Solutions Group
13.12. Rosenberger
13.13. Willow Technologies
13.14. Others
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