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Hermetic Packaging Market Size, Share, Demand, Trend, Key Players Willow Technologies, Teledyne Technologies, Micross Components, Legacy Technologies, Amkor Technology, AMETEK

Press release   •   Jul 04, 2019 14:45 IST

Hermetic Packaging Market

Hermetic packaging is an advanced level packaging technology that has its primary applications in passive and active electronic devices. With rapid innovation in microelectronics, the requirement for airtight packaging is flourishing in the semiconductor industry. Hermetic packaging is one such airtight seal which is made up of ceramic materials, metals and glass. It benefits in preventing the moisture content get in touch with the materials. Unlike plastic, hermetic products protect against several environmental conditions such as, changes in atmospheric pressure, soil/grime, humidity/moisture and other natural hazards that may otherwise disrupt electrical connections or damage delicate electronics within a hermetic product.

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The report also includes the profiles of key Hermetic packaging companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

AMETEK, Amkor Technology, KYOCERA Corporation, Legacy Technologies, Materion Corporation, Micross Components, SCHOTT AG, Teledyne Technologies, Texas Instruments, Willow Technologies. 

High electrical insulation, protection against corrosion, mechanical stability and prevention of chemical contamination and pressure transmission are some of the main features of hermetic packaging. Owing to this, there is an increase in the usage of hermetic packaging in different industry verticals. The rising demand for high-end packaging methods in the medical, automotive and telecommunication sector is fueling the market growth. However, the strict rules and regulations with respect to packaging materials and increasing packaging cost are some of the factors that are hindering the hermetic packaging market.

The global Hermetic packaging market is segmented on the basis of product, application and industry vertical. Based on product, the market is segmented as passivation glass, transponder glass, reed glass, glass-to-metal sealing (GTMS) and ceramic-to-metal sealing (CerTMS). Further, based on application, the market is divided into lasers, photo diodes, airbag ignitors, MEMS switches, transistors, sensors and others. Furthermore, based on industry vertical, the hermetic packaging market is segmented as medical, consumer electronics, military & defense, automotive and others.

The reports cover key developments in the Hermetic packaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Hermetic packaging market are anticipated to lucrative growth opportunities in the future with the rising demand for Hermetic packaging in the global market. Below mentioned is the list of few companies engaged in the Hermetic packaging market.

The report aims to provide an overview of the Hermetic packaging market with detailed market segmentation by product, application, industry vertical and geography. The global hermetic packaging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hermetic packaging market players and offers key trends and opportunities in the market.

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