The hermetic packaging market is poised to increase at a 4.2% CAGR from 2023 to 2033, acquiring a market value of USD 5.2 billion by the end of 2033, up from USD 3.4 billion in 2023.
Emerging hermetic packaging demand is associated with heightened research and development efforts in the defense and aerospace sectors. Electronic systems in hermetic electronic packaging are protected from external factors such as changes in atmospheric pressure and moisture, which can harm sensitive electronic components or electrical connections.
Many medical and electronic devices enjoy hermetic packaging's safe and dependable performance by prolonging the service life of electrical components, consequently making the market strong.
Electronic device demand is set to rise due to the growing disposable income and increased internet usage among consumers. Governments around the world are promoting digitalization, pushing customers to adopt various electronic devices and which in turn strengthens the hermetic electronic packaging market growth.
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Future Market Insights anticipates a comparison and review analysis of the market dynamics, which are influenced by a variety of industry factors, as well as a few definite influences about the availability of substitute technology and stringent leak rate requirements, which stymie hermetic food packaging market growth.
One of the recent commercial advancements is the usage of laser hermetic sealing technology. AMETEK Engineered Connectivity and Packaging increased its hermetic seals and sealtron brands in July 2022.
The primary cause behind the market growth is that it inhibits internal components from reacting with oxygen or moisture in the environment. Despite the risks, hermetic packaging is chosen by different end-use sectors because it can withstand high-temperature conditions.
A more advanced packaging method, hermetic packaging, is used in the electronics and semiconductor industries and for active and passive electronic devices. The hermetic food packaging protects highly sensitive electronics such as laser diodes, sensors, and optoelectronic components from moisture and rust.
Hermetic packaging protects against external influences such as air pressure fluctuations, moisture, dirt, and other hazards that could damage electrical contacts or important electronic components. To ensure the reliable and safe operation of various medical and electronic devices, it is important to extend the service life of electronic systems. Historically, this method has been used to protect MEMS equipment from moisture or gas in industries such as defense, healthcare, aerospace, and automotive. As a result of technological advances, many hermetic packaging manufacturers are launching a range of products that protect extremely sensitive electronic components and electronically implanted medical devices.
Electrical or electronic components can be hermetically sealed to protect them from water vapor and foreign objects to maintain their functionality and reliability. In landscape and outdoor construction projects, hermetic packaging is also used to protect general utilities and electrical connections/splice points for landscape lighting.
From 2017 to 2022, the hermetic packaging market expanded at a CAGR of 3.7%. The global hermetic packaging market has grown significantly due to the increasing hermetic packaging demand for the protection of highly sensitive electronic elements, and rising hermetic packaging demand in end-use industries.
The hermetic electronic packaging demand is high worldwide due to its widespread use in defense, aerospace, military, and commercial applications. Low-cost air travel combined with low fuel prices has attracted new travelers from around the world, resulting in increased flight frequency.
The hermetic electronic packaging demand is to secure a CAGR of 4.2% from 2023 to 2033, with the global market expected to reach USD 5.2 billion by 2033.
| Attributes | Details |
|---|---|
| Hermetic Packaging Market CAGR (From 2023 to 2033) | 4.2% |
| Hermetic Packaging Market HCAGR (From 2017 to 2022) | 3.7% |
| Hermetic Packaging Market Size (2023) | USD 3.4 billion |
| Hermetic Packaging Market Size (2033) | USD 5.2 billion |
Principal Consultant
Hermetic Packaging is Preferred Because it can Withstand a Variety of Environmental Conditions.
Hermetic products protect sensitive electronics and electrical connections from the elements such as dirt, moisture, atmospheric pressure, and other natural threats. Applications for hermetic food packaging are essential since their functionality may be impacted by extreme environmental conditions. In light of this, there is a record-high hermetic packaging demand to safeguard exceedingly delicate electrical components, and this demand is to rise during the projection period. This is one of the things contributing to hermetic food packaging demand.
Two reasons driving the market growth are increasing demand for consumer electronics, and widespread use in packaging operations in new sectors.
Changing lifestyle preferences and increasing inclination towards the use of smart electronic devices are among the key drivers for the global consumer electronics industry expansion.
Over the forecast period, rising consumer disposable income coupled with the need for internet connectivity may boost demand for electronic gadgets. Governments around the world are focusing on digitization to encourage citizens to use a variety of electronic devices. On a global scale, this is likely to lead to a rise in the consumer electronics industry and an increase in hermetic electronic packaging demand.
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Another key factor driving the growth of the hermetic packaging industry is the widespread use of hermetic food packaging in the packaging activities of booming sectors. Food, pharmaceutical, and some chemical packaging must have a seal against gas diffusion.
Hermetic packaging, such as barrier and vacuum packaging for food, plays a crucial role in preserving the product.
In addition to the food and beverage industry, hermetic food packaging is also used in construction and infrastructure development. In buildings designed with innovative and ecological concepts, airtight technologies are used to save energy.
The need for collective defense cannot be overstated in today's increasingly complex geopolitical environment. This includes weapons, guidance and navigation tools, countermeasures, armed vehicles, and their energy sources.
Military and defense forces are critical to a country's security and defense against foreign threats. To maintain a strong military system, surveillance, and arming must function efficiently and effectively. To achieve this, they must be securely packaged and transported. Hermetic packaging is suitable for this purpose.
The use of hermetic food packaging in the defense industry is increasing. Therefore, hermetic packaging market participants may continue to benefit from the hermetic food packaging industry during the forecast period.
Growing Hermetic Packaging Demand in the Medical Sector to Protect Implantable Medical Devices
Modern microtechnology has made it possible to significantly reduce the size of smart devices despite increasing complexity and integration. As a result, reliable and compact microelectronics packaging is becoming increasingly important.
Packaging should provide a high-quality hermetic seal to protect vital electronics, such as implantable medical devices, from the human body. The downsizing of the next generation of implantable medical devices is expected to create more opportunities for the development of new packaging solutions.
Alternative Packaging Technologies may Slow Hermetic Packaging Sales Growth
The availability of alternative packaging methods is expected to restrain the growth of the hermetic packaging industry. Despite their improvement, there is a risk that hermetic packaging may be overtaken by alternative equivalents that are considered protective and trustworthy. Plastic packaging is one of these options.
Microelectronic components used in military, aerospace, and medical systems must adhere to the most stringent hermetic packaging regulations due to their harsh environments and important applications. As old equipment does not have the sensitivity to meet the new requirements, companies may be forced to purchase new leak-testing equipment as regulations become stringent.
Hermetic packaging manufacturers must comply with these standards to increase market share at the expense of escalating costs. These stringent specifications for hermetic electronic packaging are expected to hinder the industry's expansion. Plastic packaging is becoming a viable alternative as it can withstand external influences.
Transponder Glass Packaging May Continue to be a Prominent Hermetic Packaging Configuration
Glass transponder hermetic packaging is becoming extremely prevalent, especially for RFID-enabled transponders. These glass transponders, like those used in car manufacturing, are particularly effective in protecting RFID chips from oil and chemicals. These chips are also used in livestock production to provide information about the meat's quality. Simultaneously, due to the rising demand for complex electronic circuits such as microelectromechanical systems, multilayer ceramic hermetic packaging is gaining traction (MEMS). Ceramic packing offers superior hermetic protection when compared to other materials.
| Region | Market Share |
|---|---|
| East Asia, South Asia, and Oceania | 38% |
| North America | 24.7% |
| Europe | 29.6% |
| Latin America | 4.7% |
| The Middle East and Africa | 3.1% |
Asia Pacific is among the Emerging Countries with the Swift Hermetic Packaging Technology Market
This hermetic packaging study covers North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East and Africa (MEA).
The hermetic packaging market is now expanding rapidly in the Asia Pacific. A few driving forces for the rise of the hermetic electronic packaging market in the region are increased defense spending, expanding economies, and rising energy demand. East Asia, South Asia, and Oceania together are expected to account for 38% of the global market in 2023.
Strong GDP growth rates and rising energy hermetic packaging demand in developing countries such as China and India are creating new opportunities for hermetic packaging technology manufacturers in the Asia Pacific.
North America is expected to account for 24.7% of the global market due to high sales volumes in key regional end-use industries. One of the leading applications for hermetic packaging in this country is aerospace. The aerospace sector is expected to offer tremendous opportunities for hermetic electronic packaging market expansion owing to the presence of numerous aerospace companies.
Europe is expected to hold a 29.6% share of the global market by 2023. The hermetic packaging business in Europe is expanding as the continent's economy grows.
Regional markets in Latin America and the Middle East and Africa are developing at a slow pace than other regions, but this is to change over the forecast period. Latin America and the Middle East and Africa are to hold a 4.7% and 3.1% share of the global market, respectively, in 2023.
Escalating Defense and Automotive Spending Advance Hermetic Packaging Sales
Increasing United States defense spending may boost the adoption of hermetic packaging in the military and defense industries. The existence of the world's leading aircraft manufacturers, together with the high standards of the national medical industry, may boost the hermetic packaging market revenue in the approaching years.
More government spending on aerospace and defense is predicted to boost the hermetic packaging market throughout the forecast period. The aviation sector stimulates hermetic packaging demand technology due to its reliance on new aircraft, supporting the hermetic electronic packaging market.
Aside from that, the United States is home to several world's leading automotive businesses, which are investing in electric vehicles and self-driving automobiles, both of which necessitate high-performance integrated circuits. In the automotive sector, hermetic seals maintain sensor functionality in rollover devices and airbag equipment. If the use of airbags increases, the market may require hermetic packaging.
Evolving Electronic sector is Positively Influencing Hermetic Packaging Consumption.
China has the potential to make a substantial contribution to the uptick in hermetic packaging sales. The country's booming semiconductor industry is fuelling hermetic food packaging market expansion as it is an electronics manufacturing center.
The country's growing consumer electronics sector, together with great government spending for China's aerospace and defense sectors, is expected to accelerate hermetic electronic packaging market expansion.
The leading hermetic packaging manufacturers like AMETEK Inc., Amkor Technology Inc., Egide SA, Kyocera Corporation, Legacy Technologies Inc., Materion Corporation, Micross Components, and others are investing in the creation of a strong distribution network in order to remain competitive in the hermetic packaging industry.
Leading participants continue to pay close attention to business strategies like research and development, new product launches, product approvals, patent rights and events, strategic partnerships, product launches, contractual agreements, collaborations, digital marketing, acquisitions, mergers, and so on, to establish themselves as a recognizable and successful business firm.
| Strategy | Partnership |
|---|---|
| Company | Micross Components |
| Details | To serve the Philadelphia area, Micross Components partnered with Strategic Sales Inc. |
| Strategy | Expansion |
|---|---|
| Company | Schott AG |
| Details | In 2020, Schott AG expanded its product line by launching a variety of hermetic goods and introducing its ground-breaking HEATAN technology. |
The United States, Japan, and China dominate the global hermetic packaging market.
The market is forecast to register a CAGR of 4.2% through 2033.
During 2018 to 2022, the market recorded a growth of 2%.
Innovation in packaging is the current market trends.
The global market size to reach USD 5.2 billion by 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Hermetic Seal 5.1. Epoxy Hermetic Seals 5.2. Glass-to-Metal (GTM) Hermetic Seals 5.3. Ceramic-to-Metal (CTM) Hermetic Seals 5.4. Glassware Sealing 5.5. PTFE Sealing Rings 5.6. O-Rings 5.7. PTFE Sleeves 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Configuration 6.1. Multilayer Ceramic Packages 6.2. Metal Can Packages 6.3. Pressed Ceramic Packages 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Semiconductor Electronics 7.2. Thermostats 7.3. Optical Devices 7.4. Switches 7.5. Microelectromechanical Systems 7.6. Electrical or Electronic Parts 7.7. Batteries 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. SCHOTT AG 16.2. AMETEK Inc. 16.3. Materion Corporation 16.4. Willow Technologies 16.5. Teledyne e2v Limited 16.6. Sinclair Manufacturing Company 16.7. Texas Instruments Incorporated 16.8. Amkor Technology 16.9. Micross Components Inc. 16.10. Egide Group 16.11. SGA Technologies 16.12. SAES Group 16.13. Integrated Device Technology Inc. 16.14. Televec 16.15. Mackin Technologies 16.16. Special Hermetic Products Inc. 17. Assumptions & Acronyms Used 18. Research Methodology
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