The global hermetic packaging market is expected to grow at a CAGR of around 6.7% over the forecast period 2019 to 2026 and expected to reach around US$ 5.4 Bn by 2026.
Hermetic packaging is any type of sealing or package that makes an object airtight which means it prevents the passage of oxygen, air, or other gases. Initially to seal the product only airtight glass was utilized to seal the container however as the technology progress various materials are introduced in the market which can be utilized in various type of industries. Hermetic seals are essential to the safe and correct functionality of many healthcare and electronic products.
Market Dynamics
Growing need of protecting highly sensitive electronic components of various industries such as electronics, automotive, aeronautics, and healthcare from extraneous particles, such as atmospheric pressure, moisture, and soil/grime; is the key factor responsible for driving the market growth.
Growing aerospace & defense industry has been favoring the hermetic packaging industry. Globalization coupled with the relatively cheaper airways has been encouraging new fliers across the globe, thereby leading to increasing flying frequency. Furthermore, rising research and development activities in the aerospace and defense sector segment is anticipated to boost the use of hermetic packages. The U.S. defense sector is expected to grow significantly due to new policies that are implemented to strengthen the military services across the country.
The ceramic to metal seals type is anticipated to drive their usage in the healthcare field due to its high corrosion resistance ability. They are being increasingly utilized in implantable electronic devices such as cochlear implants, pacemakers, defibrillators, and neurostimulators.
Based on the type, the market has been segmented into ceramic to metal, glass to metal, transponder glass, reed glass, and passivation glass. Ceramic to metal sealing type segment held the largest market in 2018. This can be attributed to its ability to provide long and durable hermetic sealing; the broad range of applications in various industries, and it offers great insulation from electrical signals when compared to glass to metal seals. Ceramic–metal seals are utilized in industries that demand high voltage, high operating temperature, special chemical resistance, or biocompatibility. Transponder glass is gaining demand in the Asia Pacific region due to the huge livestock market in the region. The increasing access to technology, growing disposable income, and awareness about hermetic packaging across the region are facilitating the usage of RFID devices by farmers, thereby driving the demand for transponder glass-based hermetic packages.
Based on the application, the global hermetic packaging market is segmented into aeronautics & space, military & defense, automotive, healthcare, telecom, and others. The military & defense segment held the maximum share of the market in 2018. Growing military and defense budgets, rising internal and external security threats across the world, stable growth in global GDP, and falling crude oil prices are some of the key factors expected to propel investment in the defense sector, which would further lead to an increase in demand for hermetic packaging during the forecast period. The application of hermetic packaging in the field of space & aeronautics and the automotive sector is growing rapidly. Growth in disposable income, increase in the need for automobiles, in addition to the growing affordability of automobiles, are expected to propel the market growth during the forecast period.
Geographically, the global market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific accounted for the largest share of the market due to high energy needs, the presence of emerging economies, and increasing defense spending. China, Japan, India, and South Korea are some of the key contributing countries in the region. Furthermore, the local presence of market players and expanded consumer electronics sector in the region are also contributed for the dominance of the region. North America held the second largest market across the world in 2018. Aeronautics and space industry is one of the major consumers for hermetic packaging in this region. The high cost of hermetic packaging is responsible for ongoing research to find a substitute, which is anticipated to hinder the market growth.
The market research study on “Hermetic Packaging Market – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insight on the global hermetic packaging market entailing insights on its different market segments. Market dynamics with drivers, restraints, and opportunities with their impact are provided in the report. The report provides insights into the global hermetic packaging market, its type, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global hermetic packaging market size and segment markets by type, application, and geography along with the information on companies operating in the market. The hermetic packaging market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market sizes for different segments have been covered under the scope of the report.
Key players operating in the hermetic packaging market are Ametek, Inc., Egide S.A., Kyocera Corporation, Legacy Technologies, Inc., Mackin Technologies, NGK Spark Plug Co., Ltd., Schott AG, Sinclair Manufacturing Company, Special Hermetic Products, Inc., SST International, Teledyne Microelectronic Technologies, and Willow Technologies. Key players operating in the industry are adopting various inorganic and organic strategies to expand their geographical as well as technical presence. Mergers, acquisition, product launch, and collaboration agreement were some of the activities that were carried out by companies in the last few years.
Market Segmentation
Market By Type
- Ceramic to Metal
- Glass to Metal
- Transponder Glass
- Reed Glass
- Passivation Glass
By Application
- Aeronautics & Space
- Military & Defense
- Automotive
- Healthcare
- Telecom
- Others
By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Hermetic Packaging
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Hermetic Packaging Market By Type
1.2.2.1. Global Hermetic Packaging Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Hermetic Packaging Market Revenue Share By Type in 2018
1.2.2.3. Ceramic to Metal
1.2.2.4. Glass to Metal
1.2.2.5. Transponder Glass
1.2.2.6. Reed Glass
1.2.2.7. Passivation Glass
1.2.3. Hermetic Packaging Market By Application
1.2.3.1. Global Hermetic Packaging Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Hermetic Packaging Market Revenue Share By Application in 2018
1.2.3.3. Aeronautics & Space
1.2.3.4. Military & Defense
1.2.3.5. Automotive
1.2.3.6. Healthcare
1.2.3.7. Telecom
1.2.3.8. Others
1.2.4. Hermetic Packaging Market By Geography
1.2.4.1. Global Hermetic Packaging Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Hermetic Packaging Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Hermetic Packaging Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Hermetic Packaging Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Hermetic Packaging Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Hermetic Packaging Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Hermetic Packaging Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Hermetic Packaging Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Hermetic Packaging Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Hermetic Packaging Major Manufacturers in 2018
CHAPTER 4. HERMETIC PACKAGING MARKET BY TYPE
4.1. Global Hermetic Packaging Revenue By Type
4.2. Ceramic to Metal
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Glass to Metal
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Transponder Glass
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Reed Glass
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Passivation Glass
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. HERMETIC PACKAGING MARKET BY APPLICATION
5.1. Global Hermetic Packaging Revenue By Application
5.2. Aeronautics & Space
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Military & Defense
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Automotive
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Healthcare
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Telecom
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Others
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. NORTH AMERICA HERMETIC PACKAGING MARKET BY COUNTRY
6.1. North America Hermetic Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Hermetic Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Hermetic Packaging Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 7. EUROPE HERMETIC PACKAGING MARKET BY COUNTRY
7.1. Europe Hermetic Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Hermetic Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC HERMETIC PACKAGING MARKET BY COUNTRY
8.1. Asia-Pacific Hermetic Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Hermetic Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 9. LATIN AMERICA HERMETIC PACKAGING MARKET BY COUNTRY
9.1. Latin America Hermetic Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Hermetic Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA HERMETIC PACKAGING MARKET BY COUNTRY
10.1. Middle East & Africa Hermetic Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East & Africa Hermetic Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. Ametek, Inc.
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Egide S.A.
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Kyocera Corporation
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Legacy Technologies, Inc.
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Mackin Technologies
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. NGK Spark Plug Co., Ltd.
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. Schott AG
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Sinclair Manufacturing Company
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Special Hermetic Products, Inc.
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies
11.10. SST International
11.10.1. Company Snapshot
11.10.2. Overview
11.10.3. Financial Overview
11.10.4. Product Portfolio
11.10.5. Key Developments
11.10.6. Strategies
11.11. Teledyne Microelectronic Technologies
11.11.1. Company Snapshot
11.11.2. Overview
11.11.3. Financial Overview
11.11.4. Product Portfolio
11.11.5. Key Developments
11.11.6. Strategies
11.12. Willow Technologies
11.12.1. Company Snapshot
11.12.2. Overview
11.12.3. Financial Overview
11.12.4. Product Portfolio
11.12.5. Key Developments
11.12.6. Strategies
11.13. Others
11.13.1. Company Snapshot
11.13.2. Overview
11.13.3. Financial Overview
11.13.4. Product Portfolio
11.13.5. Key Developments
11.13.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope
