Market Overview:
The global hermetic packaging market is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as, the increasing demand for miniaturization and higher performance in electronic devices, rising demand for hermetic packaging from medical and automotive industries, and technological advancements in hermetic packaging technologies. Based on type, the global hermetic packaging market is segmented into multilayer ceramic packages, pressed ceramic packages, and metal can packages. The multilayer ceramic package segment is expected to grow at a CAGR of 7.8% during the forecast period 2018-2030 due to its high thermal conductivity and low dielectric constant properties which make it suitable for use in high power applications such as military & defense sector. The metal can package segment is projected to grow at a CAGR of 5% during the forecast period 2018-2030 due its ability to provide shielding against electromagnetic interference (EMI) and radio frequency interference (RFI). The medical industry accounted for largest share of 36% in 2017 owing to growing demand from implantable medical devices industry across globe .
Product Definition:
Hermetic packaging is a type of packaging that completely seals the contents inside. This is done by either welding, soldering, or screwing the top and bottom halves of the container together. Hermetic packaging is important because it prevents contamination from entering or leaving the package.
Global Hermetic Packaging Market Size Growth Rate by Configuration: 2016 VS 2021 VS 2027:
Global hermetic packaging market is expected to grow at a significant rate over the forecast period. The growth of this industry can be attributed to increasing demand for reliable and secure supply chain solutions from various end-use industries such as automotive, aerospace & defense, electronics, pharmaceuticals and consumer goods among others. In addition, growing environmental concerns regarding material usage along with stringent government regulations in developed economies are also anticipated to drive the global market growth over the forecast period.
Multilayer Ceramic Packages:
Multilayer ceramic packages are made of three or more alternating layers of ceramic and metal. The package is used in the manufacturing of hermetic packaging, which includes food packaging, pharmaceuticals packaging among others. Multilayer ceramic packages offer several advantages over single layer ceramics including high mechanical strength and thermal resistance among others.
Application Insights:
The global hermetic packaging market is segmented on the basis of application into military & defense, automotive, energy, telecommunications and other industries. The telecom sector was the largest revenue contributor in 2017 owing to high demand for miniaturized components that operate at extreme temperatures. Miniaturization has led to an increase in component count and size as well as a reduction in weight of mobile phones and other communication devices which have contributed positively to industry growth over the past few years.
Automotive is expected to be one of the fastest-growing segments during forecast period owing to increasing demand for lightweight vehicles with enhanced fuel efficiency. Moreover, stringent regulations regarding transportation of hazardous materials are expected drive product demand further during this period.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue share in 2016 and is expected to continue its dominance over the forecast period. The region is also projected to register a significant CAGR from 2017 to 2030 owing to rising demand for consumer electronics, medical devices, and automobiles.
The Asia Pacific was followed by North America which accounted for a revenue share of 22% in 2016. The growth can be attributed primarily to rising demand from end-use industries such as aerospace & defense, automotive, energy & power, healthcare etc., which are based primarily out of the U.S., Canada and Mexico countries respectively. Europe has been witnessing steady growth since past few years on account of increasing investments by major players towards research development activities related hermetic packaging technologies with an aim toward commercialization at relatively lower costs coupled with high performance standards that meet or exceed those offered by hermetic packaging counterparts using conventional means (i.e., non-hermetic).
Growth Factors:
- Increasing demand for hermetic packaging from the medical device and pharmaceutical industries due to the need for protection against moisture, oxygen, and other contaminants.
- Rising demand from the food and beverage industry for hermetic packaging of products such as coffee, tea, dairy products, juices, etc., in order to extend their shelf life.
- Growing popularity of vacuum-sealed food among consumers due to its perceived health benefits.
- Proliferation of e-commerce businesses that require reliable shipping and storage solutions for their perishable goods.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hermetic Packaging Market Research Report
By Type
Global Hermetic Packaging Market Size Growth Rate by Configuration: 2016 VS 2021 VS 2027, Multilayer Ceramic Packages, Pressed Ceramic Packages, Metal Can Packages
By Application
Military & Defense, Aeronautics And Space, Automotive, Energy, Medical, Telecommunications, Consumer Electronics, Others
By Companies
Schott, Ametek, Amkor, Texas Instruments, Teledyne Microelectronics, Materion, Egide, Micross Components, Legacy Technologies, Willow Technologies, Intersil, Sga Technologies, Complete Hermetics, Shp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Hermetic Packaging Market Report Segments:
The global Hermetic Packaging market is segmented on the basis of:
Types
Global Hermetic Packaging Market Size Growth Rate by Configuration: 2016 VS 2021 VS 2027, Multilayer Ceramic Packages, Pressed Ceramic Packages, Metal Can Packages
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military & Defense, Aeronautics And Space, Automotive, Energy, Medical, Telecommunications, Consumer Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schott
- Ametek
- Amkor
- Texas Instruments
- Teledyne Microelectronics
- Materion
- Egide
- Micross Components
- Legacy Technologies
- Willow Technologies
- Intersil
- Sga Technologies
- Complete Hermetics
- Shp
Highlights of The Hermetic Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Global Hermetic Packaging Market Size Growth Rate by Configuration: 2016 VS 2021 VS 2027
- Multilayer Ceramic Packages
- Pressed Ceramic Packages
- Metal Can Packages
- By Application:
- Military & Defense
- Aeronautics And Space
- Automotive
- Energy
- Medical
- Telecommunications
- Consumer Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hermetic Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hermetic packaging is a type of packaging that uses an airtight seal to protect products from contamination. The seal prevents the entry of air and moisture, which can cause food spoilage or product deterioration.
Some of the major players in the hermetic packaging market are Schott, Ametek, Amkor, Texas Instruments, Teledyne Microelectronics, Materion, Egide, Micross Components, Legacy Technologies, Willow Technologies, Intersil, Sga Technologies, Complete Hermetics, Shp.
The hermetic packaging market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hermetic Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hermetic Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hermetic Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hermetic Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hermetic Packaging Market Size & Forecast, 2020-2028
4.5.1 Hermetic Packaging Market Size and Y-o-Y Growth
4.5.2 Hermetic Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Global Hermetic Packaging Market Size Growth Rate by Configuration: 2016 VS 2021 VS 2027
5.2.2 Multilayer Ceramic Packages
5.2.3 Pressed Ceramic Packages
5.2.4 Metal Can Packages
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Military & Defense
6.2.2 Aeronautics And Space
6.2.3 Automotive
6.2.4 Energy
6.2.5 Medical
6.2.6 Telecommunications
6.2.7 Consumer Electronics
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hermetic Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hermetic Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Global Hermetic Packaging Market Size Growth Rate by Configuration: 2016 VS 2021 VS 2027
9.6.2 Multilayer Ceramic Packages
9.6.3 Pressed Ceramic Packages
9.6.4 Metal Can Packages
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Military & Defense
9.10.2 Aeronautics And Space
9.10.3 Automotive
9.10.4 Energy
9.10.5 Medical
9.10.6 Telecommunications
9.10.7 Consumer Electronics
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Global Hermetic Packaging Market Size Growth Rate by Configuration: 2016 VS 2021 VS 2027
10.6.2 Multilayer Ceramic Packages
10.6.3 Pressed Ceramic Packages
10.6.4 Metal Can Packages
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Military & Defense
10.10.2 Aeronautics And Space
10.10.3 Automotive
10.10.4 Energy
10.10.5 Medical
10.10.6 Telecommunications
10.10.7 Consumer Electronics
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Global Hermetic Packaging Market Size Growth Rate by Configuration: 2016 VS 2021 VS 2027
11.6.2 Multilayer Ceramic Packages
11.6.3 Pressed Ceramic Packages
11.6.4 Metal Can Packages
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Military & Defense
11.10.2 Aeronautics And Space
11.10.3 Automotive
11.10.4 Energy
11.10.5 Medical
11.10.6 Telecommunications
11.10.7 Consumer Electronics
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Global Hermetic Packaging Market Size Growth Rate by Configuration: 2016 VS 2021 VS 2027
12.6.2 Multilayer Ceramic Packages
12.6.3 Pressed Ceramic Packages
12.6.4 Metal Can Packages
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Military & Defense
12.10.2 Aeronautics And Space
12.10.3 Automotive
12.10.4 Energy
12.10.5 Medical
12.10.6 Telecommunications
12.10.7 Consumer Electronics
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Global Hermetic Packaging Market Size Growth Rate by Configuration: 2016 VS 2021 VS 2027
13.6.2 Multilayer Ceramic Packages
13.6.3 Pressed Ceramic Packages
13.6.4 Metal Can Packages
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Military & Defense
13.10.2 Aeronautics And Space
13.10.3 Automotive
13.10.4 Energy
13.10.5 Medical
13.10.6 Telecommunications
13.10.7 Consumer Electronics
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hermetic Packaging Market: Competitive Dashboard
14.2 Global Hermetic Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schott
14.3.2 Ametek
14.3.3 Amkor
14.3.4 Texas Instruments
14.3.5 Teledyne Microelectronics
14.3.6 Materion
14.3.7 Egide
14.3.8 Micross Components
14.3.9 Legacy Technologies
14.3.10 Willow Technologies
14.3.11 Intersil
14.3.12 Sga Technologies
14.3.13 Complete Hermetics
14.3.14 Shp
