헤르메틱 패키징 시장 - 구성별 (다층 세라믹, 압축 세라믹, 금속 캔), 제품별 (세라믹-금속, 유리-금속, 리드 글라스), 용도별 (센서, 레이저, 트랜지스터, MEMS 스위치, 포토다이오드), 및 글로벌 전망, 2023 - 2032

Hermetic Packaging Market Size

Hermetic Packaging Market size was valued at over USD 3.7 billion in 2022. Driven in-part by the rapid development of North America’s healthcare infrastructure, the market is slated to register a 7.5% CAGR from 2023 to 2032.

Increasing healthcare investments, ease of access to cutting-edge products, and expanding elderly population in North America is slated to positively shape the market outlook. As per the U.S. Census Bureau, by 2060, nearly one in four Americans will be aged 65 or above and the number of people above 85 will triple, augmenting the demand for pacemakers. In fact, the US FDA is increasingly handing out clearances for advanced pacemakers, creating further impetus for market growth. This positive outlook for the region’s pacemaker market is slated to greatly favor hermetic packaging industry growth.

Stringent regulations on hermetic packaging may impede industry development

Hermetic packaging products need to comply with strict standards in the medical, military and defense sectors, which may limit its growth in the long run. The military & defense sector has a set of standardized regulations when it comes to the packaging of electronic devices and components it uses. Meanwhile, the medical sector also possesses stringent rules of itself, designed to ensure patient safety and uninterrupted operation of medical devices. As these regulations continue to tighten, industry players are finding it increasingly difficult to comply to them.

Hermetic Packaging Market Analysis

On the basis of configuration, the hermetic packaging market is segmented into pressed ceramic, metal can, and multi-layer ceramic. Metal can segment is anticipated to surpass USD 4 billion by 2032, driven by their cost-effectiveness and low lead-count. The segment growth can also be attributed to the higher preference for metal cans for hybrid and linear applications.

These packages have a metal base comprising lead through a glass seal, which can be a compression or matched seal. Post the device assembly, the metal can is welded to the metal base to constitute the hermetic seal.

Based on product, the hermetic packaging market is classified into glass-metal sealing, passivation glass, ceramic-metal sealing, reed glass, and transponder glass. Ceramic metal-sealing segment valuation is projected to surpass USD 2.6 billion by 2032, owing to its thermal benefits and mechanical strength of the product. Single & dual-lead ceramic-metal seals protect the heating elements from oil & grease moisture and toxic fumes, which favors their adoption.

Moreover, they provide an insulated vacuum-tight feed through the termination of heating elements or power cables as well. They are also witness high use for terminating power cables, industrial heaters, as well as for isolating other power sources.

With regards to the application spectrum, the hermetic packaging market is divided into the photodiode, laser, airbag ignitors, translator, sensor, MEMS switch, and others. Laser segment is poised to depict over 5% CAGR from 2023 to 2032. Hermetic laser packaging offers excellent heat dissipation and high optical precision, which is primarily driving segment outlook. Advancements in packaging designs as well as high-transmission glass are further projected to augment segment share as they deliver excellent optical performance by allowing emissions in horizontal and vertical directions.

Based on sector, the industry is bifurcated into medical, automotive, aerospace, military & defense, telecommunication, and others. Hermetic packaging market from the aerospace sector is slated to show revenues of more than USD 1.8 billion by 2032, owing to the rapidly growing demand for air travel. Improving living standards over the past decades have made air transport more accessible to the general population. Meanwhile, improving disposable incomes have also fueled the growth of aerial transport and logistics.

Europe hermetic packaging market is expected to depict more than 7.5% CAGR from 2023 to 2032, owing to increasing investments in military and defense in the region. Moreover, intense R&D initiatives in the healthcare sector, coupled with the availability of strong aerospace capabilities are positively shaping the market landscape. The regional growth can also be attributed to increasing demand for automated & luxury vehicles.

Hermetic Packaging Market Share

Some hermetic packaging sector industry players include :

• AMETEK, Inc
• SCHOTT AG
• Teledyne Advanced Electronic Solutions
• Materion Corporation
• KYOCERA Corporation

Many firms in the field are frequently rolling out advanced product iterations to maintain their foothold in the market.

Impact of COVID-19 Pandemic

COVID-19 had a negative impact on the hermetic packaging industry due to disruptions in air travel owing to prolonged social distancing norms and countrywide lockdowns. Meanwhile, the industry also experienced a revenue drop from the automotive sector, its major end-user, which was struggling to make new vehicle sales.

The hermetic packaging market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue in USD million from 2018 to 2032 for the following segments: