Product Code: GVR-1-68038-852-7
Hermetic Packaging Market Growth & Trends:
The global hermetic packaging market size is expected to reach USD 5.90 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.6% from 2024 to 2030. Increasing demand from the aeronautics & space application coupled with growing consumer electronics industry is expected to drive demand for the hermetic packages. Increasing global defense investment is further anticipated to provide a positive scope for the market growth
Increasing medical implants due to advancements in technology have bolstered demand for the electronic devices, which is anticipated to drive the market growth. The hermetic packages utilized in medical implants need to be biocompatible, which restrains the manufacturers from using various metals as raw material.
Utilization of ceramic, glass, and metal in various sectors are expected to elevate the price of the raw materials. Increased price of the raw materials is anticipated to show significant impact on pricing of the hermetic packages, thereby restraining the market development.
Flexible glass with very less thickness has been launched by Corning Inc., which will be beneficial to the market. There is a continuously growing demand for water, dust & temperature resistant products from the smart electronic devices industry. Increasing focus of the manufacturers on the development of efficient glass for packaging is anticipated to positively affect the demand during the coming years. However, affordability of the novel materials is expected to restrain the utilization of glass.
Low fuel cost & comparatively cheap airfares have been attracting new fliers and leading to increased flying frequency, which, in turn, is driving the aviation industry. The aviation industry relies on new aircraft to meet the increasing consumer demand. This is likely to propel the use of hermetically packaged components within the industry, thereby driving market development.
Hermetic Packaging Market Report Highlights:
- Ceramic to metal sealing was the largest product segment in the market for hermetic packaging and accounted for a revenue share of over 55.9% in 2023.
- The military and defense sector dominated the market with a revenue share of over 32.0% in 2023. Growing security threats, escalating defense budgets, and changing political dynamics are expected to drive investments in the defense sector, thereby driving the demand for hermetic packaging throughout the forecast period.
- Asia Pacific accounted for the largest revenue share of over 45.4% in 2023. North America was the second-largest market for hermetic packaging in 2023 with aeronautics and space being one of the major applications of hermetic packaging in the region.
Table of Contents
Chapter 1. Hermetic Packaging Market: Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Products & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Information & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Hermetic Packaging Market: Executive Summary
- 2.1. Market Outlook, 2022 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Hermetic Packaging Market: Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Major Product Trends Analysis
- 3.3.2. Manufacturing Trends
- 3.3.3. Sales Channel Analysis
- 3.4. Regulatory Framework
- 3.5. Technology Framework
- 3.6. Hermetic Packaging Market - Market Dynamics
- 3.6.1. Market Driver Analysis
- 3.6.2. Market Restraint Analysis
- 3.6.3. Industry Challenges
- 3.7. Business Environmental Tools Analysis: Hermetic Packaging Market
- 3.7.1. Porter's Five Forces Analysis
- 3.7.1.1. Bargaining Power of Suppliers
- 3.7.1.2. Bargaining Power of Buyers
- 3.7.1.3. Threat of Substitution
- 3.7.1.4. Threat of New Entrants
- 3.7.1.5. Competitive Rivalry
- 3.7.2. PESTLE Analysis
- 3.7.2.1. Political Landscape
- 3.7.2.2. Economic Landscape
- 3.7.2.3. Social Landscape
- 3.7.2.4. Technology Landscape
- 3.7.2.5. Environmental Landscape
- 3.7.2.6. Legal Landscape
- 3.8. COVID-19 impact on hermetic packaging
Chapter 4. Overview of Hermetic Packaging Management Solutions
- 4.1. Thermal Management
- 4.1.1. Thermal Pads
- 4.1.2. Base Plates
- 4.1.3. Heat Dissipation Material
- 4.2. Solder Preforms
- 4.2.1. Flux- Coated Preforms
- 4.2.2. Gold Solders
- 4.3. Resonant Frequency (RF) Absorbers
- 4.3.1. Connectors
- 4.3.2. Absorbers
Chapter 5. Hermetic Packaging Market: Market Supplier Intelligence
- 5.1. Kraljic Matrix (Portfolio Analysis)
- 5.1.1. Non-Critical Items
- 5.1.2. Leverage Items
- 5.1.3. Bottleneck Items
- 5.1.4. Strategic Items
- 5.2. Engagement Model
- 5.3. Negotiation Strategies
- 5.4. Sourcing Best Practices
- 5.5. Vendor Selection Criteria
Chapter 6. Hermetic Packaging Market: Supply Demand Gap Analysis
- 6.1. Import Export Analysis, 2018 -2023
- 6.1.1. Top 10 Importing Countries
- 6.1.2. Top 10 Exporting Countries
- 6.2. Potential Opportunities/ Future Scenarios
Chapter 7. Hermetic Packaging Market: Product Estimates & Trend Analysis
- 7.1. Definition & Scope
- 7.2. Product Movement Analysis & Market Share, 2023 & 2030
- 7.3. Ceramic to Metal Sealing
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4. Glass to Metal Sealing
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5. Transponder Glass
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6. Reed Glass
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7. Passivation Glass
- 7.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 8. Hermetic Packaging Market: Application Estimates & Trend Analysis
- 8.1. Definition & Scope
- 8.2. Application Movement Analysis & Market Share, 2023 & 2030
- 8.3. Aeronautics & Space
- 8.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4. Military & Defense
- 8.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5. Automotive
- 8.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.6. Healthcare
- 8.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.7. Telecom
- 8.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.8. Others
- 8.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 9. Hermetic Packaging Market: Regional Estimates & Trend Analysis
- 9.1. Key Takeaways
- 9.2. Regional Movement Analysis & Market Share, 2023 & 2030
- 9.3. North America
- 9.3.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.3.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.3.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.3.4. U.S.
- 9.3.4.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.3.4.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.3.4.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.3.5. Canada
- 9.3.5.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.3.5.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.3.5.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.3.6. Mexico
- 9.3.6.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.3.6.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.3.6.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.4. Europe
- 9.4.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.4.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.4.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.4.4. Germany
- 9.4.4.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.4.4.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.4.4.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.4.5. UK
- 9.4.5.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.4.5.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.4.5.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.4.6. France
- 9.4.6.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.4.6.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.4.6.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.4.7. Italy
- 9.4.7.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.4.7.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.4.7.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.4.8. Spain
- 9.4.8.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.4.8.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.4.8.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.5. Asia Pacific
- 9.5.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.5.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.5.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.5.4. China
- 9.5.4.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.5.4.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.5.4.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.5.5. India
- 9.5.5.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.5.5.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.5.5.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.5.6. Japan
- 9.5.6.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.5.6.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.5.6.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.5.7. South Korea
- 9.5.7.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.5.7.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.5.7.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.5.8. Australia
- 9.5.8.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.5.8.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.5.8.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.5.9. Southeast Asia
- 9.5.9.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.5.9.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.5.9.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.6. Central & South America
- 9.6.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.6.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.6.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.6.4. Brazil
- 9.6.4.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.6.4.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.6.4.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.6.5. Argentina
- 9.6.5.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.6.5.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.6.5.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.7. Middle East & Africa
- 9.7.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.7.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.7.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.7.4. Saudi Arabia
- 9.7.4.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.7.4.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.7.4.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.7.5. UAE
- 9.7.5.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.7.5.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.7.5.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 9.7.6. South Africa
- 9.7.6.1. market estimates and forecasts, 2018 - 2030 (USD Million)
- 9.7.6.2. market estimates and forecasts, by product, 2018 - 2030 (USD Million)
- 9.7.6.3. market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Chapter 10. Start-up Ecosystem Evaluation, 2023
- 10.1. List of Start-up Companies
- 10.1.1. Progressive Companies
- 10.1.2. Responsive Companies
- 10.1.3. Dynamic Companies
- 10.1.4. Starting Blocks
- 10.2. Government Funding for Start-ups across the globe
Chapter 11. Competitive Landscape
- 11.1. Key Players & Recent Developments & Their Impact On the Industry
- 11.2. Key Company/Competition Categorization (Key innovators, Market leaders, emerging players)
- 11.3. List of key Raw Material Distributors and Channel Partners
- 11.4. List of Potential Customers, by Application
- 11.5. Company Market Share & Position Analysis, 2023
- 11.6. Company Heat Map Analysis
- 11.7. Strategy Mapping
- 11.7.1. Expansion
- 11.7.2. Collaboration/ Partnerships/ Agreements
- 11.7.3. New Material launches.
- 11.7.4. Mergers & Acquisitions
- 11.7.5. Research & Development
- 11.7.6. Others
Chapter 12. Company Listing / Profiles
- 12.1. NGK Spark Plug Co., Ltd.
- 12.1.1. Company Overview
- 12.1.2. Financial Performance
- 12.1.3. Material Benchmarking
- 12.2. Schott AG
- 12.2.1. Company Overview
- 12.2.2. Financial Performance
- 12.2.3. Material Benchmarking
- 12.3. AMETEK, Inc.
- 12.3.1. Company Overview
- 12.3.2. Financial Performance
- 12.3.3. Material Benchmarking
- 12.4. Amkor Technology
- 12.4.1. Company Overview
- 12.4.2. Financial Performance
- 12.4.3. Material Benchmarking
- 12.5. Texas Instruments Incorporated
- 12.5.1. Company Overview
- 12.5.2. Financial Performance
- 12.5.3. Material Benchmarking
- 12.6. Teledyne Microelectronic Technology
- 12.6.1. Company Overview
- 12.6.2. Financial Performance
- 12.6.3. Material Benchmarking
- 12.7. Kyocera Corporation
- 12.7.1. Company Overview
- 12.7.2. Financial Performance
- 12.7.3. Material Benchmarking
- 12.8. Materion Corporation
- 12.8.1. Company Overview
- 12.8.2. Financial Performance
- 12.8.3. Material Benchmarking
- 12.9. Egide SA
- 12.9.1. Company Overview
- 12.9.2. Financial Performance
- 12.9.3. Material Benchmarking
- 12.10. Micross Components, Inc.
- 12.10.1. Company Overview
- 12.10.2. Financial Performance
- 12.10.3. Material Benchmarking
- 12.11. Legacy Technologies, Inc.
- 12.11.1. Company Overview
- 12.11.2. Financial Performance
- 12.11.3. Material Benchmarking
- 12.12. Willow Technologies
- 12.12.1. Company Overview
- 12.12.2. Financial Performance
- 12.12.3. Material Benchmarking
- 12.13. SST International
- 12.13.1. Company Overview
- 12.13.2. Financial Performance
- 12.13.3. Material Benchmarking
- 12.14. Special Hermetic Products, Inc.
- 12.14.1. Company Overview
- 12.14.2. Financial Performance
- 12.14.3. Material Benchmarking
- 12.15. Sinclair Manufacturing Company
- 12.15.1. Company Overview
- 12.15.2. Financial Performance
- 12.15.3. Material Benchmarking
- 12.16. Mackin Technologies
- 12.16.1. Company Overview
- 12.16.2. Financial Performance
- 12.16.3. Material Benchmarking
Chapter 13. Strategic Recommendations/ Analyst Perspective