Hermetic Packaging Market 2019 Competitive Analysis, Huge Growth and Forecasts to 2027

Press Release

Robust demand for hermetically packaged electronic components from automotive, medical and telecommunications industry is anticipated to stimulate the growth of hermetic packaging market

Latest market study on “Hermetic Packaging Market to 2027 by Product (Passivation Glass, Transponder Glass, Reed Glass, Glass-to-Metal Sealing, Ceramic-to-Metal Sealing); Application (Transistors, MEMS, Sensors, Lasers, Photo Diodes, Airbag Ignitors, Others); Industry Vertical (Aerospace, Medical, Telecommunications, Consumer Electronics, Military and Defense, Automotive, Others); – Global Analysis and Forecast”, the hermetic packaging market is estimated to reach US$ 6.19 Bn by 2027 from US$ 3.51 Bn in 2018. The report includes a key understanding of the driving factors of this growth and also highlights the prominent players in the market and their developments.

Hermetic packaging provides reliable protection for sensitive electronic components against various environmental conditions such as atmospheric pressure, dirt, moisture, and other natural hazards. These factors could severely affect the working of electrical connections and damage the delicate electronics used in various industries. Hermetic packaging is made of materials such as glass and ceramics that offer long continuity life to electronic components and made them safe. With increasing technological advancements in various industries, the pressure of high performance is driving manufacturers to innovate and produce electronics that could sustain in harsh environmental conditions.

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Some of the Prominent Players Operating in Hermetic Packaging Market are: metek, Inc., Egide SA, Kyocera Corporation, Legacy Technologies Inc., Materion Corporation, Micross Components, Renesas Electronics Corporation, Schott AG, Teledyne Technologies Incorporated, and Texas Instruments Inc. among others.

 This Report Contains:

  • Market sizing for the global Hermetic Packaging.
  • Compare major Hermetic Packaging providers strategies and approaches to the challenges they face
  • Analysis of the effects de globalization trends may have for Hermetic Packaging providers
  • Profiles of major Hermetic Packaging providers
  • 7-year CAGR forecasts for Hermetic Packaging -intensive vertical sectors

The report on the area of Hermetic Packaging by Insight Partners includes extensive primary research and detailed analysis of the qualitative and quantitative aspects of various industry experts, key opinion leaders, to better understand the performance of the Hermetic Packaging Market.

In the automotive industry, hermetic packaging are used to protect sensors that are used in airbag equipment and rollover devices. In the medical industry, hermetics are used in pacemakers, hearing devices, RFID transponder devices, and other implantable medical devices. In the telecommunications industry, hermetic packaging is used to protect delicate electronic circuitry in telecom infrastructure. Hence, industries such as automotive, medical and telecommunications, where electronics components are put through extreme conditions like high/low temperature and pressure, are driving the demand of hermetically packaged component during the forecast period of 2019 to 2027.

The report presents the current market analysis scenario, future and future opportunities, revenue growth, prices and profitability. The proprietary data in this report is collected by The Insight Partner’s dedicated research and analysis team of experienced professionals with advanced statistical expertise and various customization options in the existing study.

The report segments the global hermetic packaging market as follows:

Global Hermetic packaging Market – By Product

  • Passivation glass
  • Transponder glass
  • Reed glass
  • Glass-to-Metal Sealing (GTMS)
  • Ceramic-to-Metal Sealing (CerTMS)

Global Hermetic packaging Market – By Application

  • Lasers
  • Photo Diodes
  • Airbag Ignitors
  • MEMS
  • Transistors
  • Sensors
  • Others

Global Hermetic packaging Market – By Industry Vertical

  • Aerospace
  • Medical
  • Telecommunications
  • Consumer Electronics
  • Military and Defense
  • Automotive
  • Others

Global Hermetic packaging Market – By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Russia
    • UK
    • Rest of Europe
  • Asia Pacific (APAC)
    • India
    • China
    • Japan
    • Australia
    • South Korea
    • Rest of APAC
  • Middle East & Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM

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 About The Insight Partners

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Chemical, Food, Automotive and Defence.

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