The global Hermetic Packaging market was valued at USD 4.46 Billion in 2023 and growing at a CAGR of 4.95% from 2024 to 2033. The market is expected to reach USD 7.23 Billion by 2033. This growth is attributed to the surge in R&D work in the aerospace and defence sector. The hermetic packaging of the electronic system protects it from external factors like moisture changes and atmospheric pressure that can harm the sensitivity of the electronic components or electrical connections. Hermetic packaging helps several electronic and medical devices by prolonging their service life and helping grow their market. Hence, there is a growing demand for energy and hermetically packaged products, particularly for electronic components. Hermetic packaging helps protect the electrical components from environmental conditions like moisture, soil humidity, and atmospheric pressure changes. These factors are eventually driving the growth of the hermetic packaging market.
Hermetic packaging is a method of wrapping the products in a way that leaves no space for oxygen, air, chemicals, or other things to enter the product. Hermetic packaging is broadly used in many applications like aeronautics, food & beverage, architectural structures, etc. It has been observed that the demand for electronic devices is growing because of a surge in disposable income and growing internet usage among consumers. Also, governments worldwide are promoting digitalization, which eventually is leading customers to use many electronic devices. All these factors are driving the hermetic packaging market. Hermetic packaging is an advanced packaging technique broadly used in the semiconductor and electronics sector as well as for active and passive electronic devices. The hermetic packaging helps protect highly sensitive electronics like sensors, laser diodes and optoelectronic components from moisture and rust. This packaging protects the electronic components from external effects like moisture, air pressure fluctuations, dirt, etc., which can potentially damage the electronic devices. To ensure the reliable and safe operation of many medical and electronic devices, it is crucial to continue the service life of electronic systems. Hermetic packaging has been broadly used to protect MEMS equipment from moisture and gas in the healthcare, defence, aerospace and automotive industries. As technology advances, several hermetic packaging manufacturers are developing different products that protect extremely sensitive electronically implanted medical devices and other electronic components. It has several applications in aeronautics, space, electronics and automotive components, driving the market's growth. Also, the requirement for multilayer ceramic packaging for high-frequency needs like optical, wireless, and data communication is fueling the growth of the hermetic packaging market. The surge in the development of the space and aeronautics field is also fueling the market's growth. All these factors are driving the Hermetic Packaging market.
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Growing demand for electronic gadgets – Hermetic products protect sensitive electronics and electrical connections from external elements like moisture, dirt, atmospheric pressure and other natural risks. There is a growing demand for hermetic packaging for safeguarding delicate electrical components. There is a growing demand for consumer electronics, and its demand is increasing in the packaging sector in many new sectors. The change in lifestyle preferences and growing inclination toward using smart electronic devices are some of the factors propelling the expansion of the consumer electronics sector. The growing disposable income of the people, along with a surge in demand for internet connectivity, is boosting the use of electronic gadgets. All of these factors are eventually driving the hermetic packaging market.
Stringent regulations – Microelectronic components are broadly used in the aerospace, medical devices, and military sectors and must meet stringent regulations for hermetic packaging. The tough regulations require new leak test equipment as older equipment may not have the sensitivity to test based on standards, increasing the expenditure. There are also alternative packaging technologies. All these factors thus act as hindrances to the growth of the market.
Growing scope in the aerospace and defence sector– The demand for hermetic packaging for electronics is growing globally as these are broadly used in aerospace, military, defence, and commercial applications. Moreover, there is low-cost air travel, along with low fuel prices, attracting many new travellers globally. It has increased in the flight frequency. The aviation sector has increased the demand for hermetic packaging in technology as they are supporting new aircraft which support the hermetic electronic packaging market. In many aircraft systems, the aerospace sector uses hermetically sealed headers, terminals and connectors. These hermetic connectors help keep the fragile electronics in the black box together. These hermetic connectors also have applications in detecting and preventing fuel seepage in fuel systems and gasoline tanks. Hermetic packaging is broadly used in commercial aircraft, growing industrialization, and technical improvements. All these factors will eventually drive the Hermetic Packaging market in the forecasting market.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the largest market for the global Hermetic Packaging market, with a 43.89 % share of the market revenue in 2023. This market share is attributed to growing hermetic seal demand from many end-user sectors like the region's telecommunications, automotive, and military& defence. Emerging economies like China have significantly contributed to the region's expansion of hermetic packaging. It is due to the country's booming semiconductor industry and established electronics manufacturing sector. Also, the government in developing countries like China and India is focusing on investing in the aerospace and defence sectors and expanding the use of hermetic packaging. Emerging economies like China, India, and Japan also focus on launching satellites and space research and exploration. All these factors are propelling the growth of the Hermetic Packaging market in the region.
Asia Pacific Region Hermetic Packaging Market Share in 2023 - 43.89%
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The product segment is divided into ceramic to metal sealing, glass to metal sealing, transponder glass, reed glass and passivation glass. The ceramic to metal sealing segment dominated the market, with a market share of around 53.81% in 2023. This high market share is attributed to its long and durable hermetic sealing, which provides better insulation from electrical signals and is thus broadly used in many applications. Ceramic-to-metal sealing is broadly used in implantable electronic devices like cochlear implants, pacemakers and neurostimulators.
The application segment is divided into military & defence, aeronautics & space, healthcare, automotive, telecom and others. The military & defence segment dominated the market, with a market share of around 31.21% in 2023. This market share is attributed to the surge in security threats and changes in the political scenario worldwide. It has led to increased investment in the defence budget by many countries. Expanding the military and defence organizations in countries like the US, Canada, China, India, and Mexico is fueling the market's growth.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Billion) |
Market size value in 2023 | USD 4.46 Billion |
Market size value in 2033 | USD 7.23 Billion |
CAGR (2024 to 2033) | 4.95% |
Historical data | 2020-2022 |
Base Year | 2023 |
Forecast | 2024-2033 |
Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
Segments | Product and Application |
Asia Pacific region emerged as the largest market for the Hermetic Packaging.
The market's growth will be influenced by growing demand for electronic gadgets.
Stringent regulations hamper the market growth.
Growing scope in the aerospace and defence sector will provide huge opportunities to the market.
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global Hermetic Packaging market based on below mentioned segments:
Global Hermetic Packaging Market by Product:
Global Hermetic Packaging Market by Application:
Global Hermetic Packaging by Region:
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