Hermetic Packaging Market Share will Touch $5.4 Bn by 2026
Hermetic Packaging 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) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026
The global Hermetic Packaging Market size is anticipated to around USD 5.4 billion by 2026, this market is anticipated to grow with 6.7% CAGR during the forecast time period.
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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.
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.
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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 pricesare 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, areexpected to propel the market growth during the forecast period.
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.
Some of the key observations regarding the hermetic packaging industry include:
- In September 2019, Schott AGexpanded its portfolio of hermetic packaging by innovating HEATAN technology. The technology facilitates reliability in ultra-high temperature applications even beyond 10000C. Schott AG utilized Primoceler glass micro bonding method to designed ultra-miniaturized chip-size sensor packages.
- In February 2019, Windjammer capital Investors acquired Hermetic Solutions Group, hermetic packaging and components provider. The company designed products that can reliably work in demanding environments such as space, vibration, weight, moisture, and temperature.
- In July 2018, SCHOTT acquired Primoceler to expand SCHOTT's hermetic packaging portfolio with an innovative new glass micro bonding technology that will create new possibilities for electronic implantable devices. An international technology group, Primoceler, specializes in hermetic packaging.The company also designed hermetic packaging to protect sensitive electronics in medical implants. The acquisition allowed SCHOTT to utilize Primoceler's micro bonding method that uses laser technology to manufacture ultra-miniature electronic, vacuum-tight, and optical devices without any added materials or heat.
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
- U.S.
- Canada
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
Key Questions Answered in the Report
The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-
- What is the overall structure of the market?
- What was the historical value and what is the forecasted value of the market?
- What are the key product level trends in the market?
- What are the market level trends in the market?
- Which of the market players are leading and what are their key differential strategies to retain their stronghold?
- Which are the most lucrative regions in the market space?
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TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Pure Cashmere
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 Pure Cashmere Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2018
CHAPTER 4. HERMETIC PACKAGING MARKET BY TYPE
4.1. Global Pure Cashmere 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 ($Million)
CHAPTER 5. HERMETIC PACKAGING MARKET BY APPLICATION
5.1. Global Pure Cashmere Revenue By Application
5.2. Aeronautics & Space
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($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
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