Report Detail
North America Hermetic Packaging Market to 2027 - Regional Analysis and Forecasts by Product (Passivation Glass, Transponder Glass, Reed Glass, Glass-to-Metal Sealing (GTMS), Ceramic-to-Metal Sealing (CerTMS)); Application (Transistors, MEMS, Sensors, Lasers, Photo Diodes, Airbag Ignitors, Others); Industry Vertical (Aerospace, Medical, Telecommunications, Consumer Electronics, Military and Defense, Automotive, Others)
- RnM3820301 |
- 08 November, 2019 |
- Global |
- 150 Pages |
- The Insight Partners |
- Electronics & Semiconductor
The North America hermetic packaging market accounted for US$ 1.16 Bn in 2018 and is expected to grow at a CAGR of 6.4% over the forecast period 2019-2027, to account for US$ 2.02 Bn in 2027. During the forecast period from 2019 to 2027, the aerospace and defense industry is expected to drive the demand for hermetic packaging worldwide. In addition to this, robust demand for hermetically packaged electronic components from the automotive, medical, and telecommunications industries is anticipated to fuel the future growth of hermetic packaging market worldwide. However, alternative and low-cost non-hermetic packaging methods could hinder the hermetic packaging market growth. Despite these limitations, the increasing demand for consumer electronic devices worldwide is projected to offer ample growth opportunities for the players operating in the hermetic packaging market during the forecast period of 2019 to 2027.
The hermetic packaging market is fragmented in nature due to the presence of several industries, and the competitive dynamics in the market are anticipated to change during the coming years. In addition to this, various initiatives are undertaken by governmental bodies to accelerate the hermetic packaging market further. In the year 2017, the Government of Quebec altered its tax incentives for new data centers. The state now offers an attractive tax regime to the technology business. This trend is anticipated to be followed by the neighboring provinces as well. The reformed tax regime included up to 30% tax credit on eligible R&D expenses, US$ 25,000 tax credit per employee for recruitment of new IT employees and, 5% tax credit for labor costs in multimedia titles. These tax policies would not only encourage investment in data centers but also promote the adoption of novel technologies. Growing support for data centers would also demand better memory storage facilities and thus have a good impact on the electronic components that are integrated into the data centers. The reformed regulation in the North American countries would substantially contribute to the growth of the hermetic packaging market.
The hermetic packaging market on the basis of industry vertical is segmented into aerospace, medical, telecommunications, consumer electronics, military & defense, automotive, and others. The aerospace industry vertical is the major adopter of hermetic packaging solutions owing to the increasing demand for critical applications in aircraft and space applications, including spacecraft guidance systems, and satellites. Further, military & defense is also witnessing immense growth in the demand for hermetic packaging solutions.
The overall hermetic packaging market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the hermetic packaging market. It also provides an overview and forecast for the hermetic packaging market based on all the segmentation provided with respect to the North American region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the hermetic packaging market. Some of the players present in hermetic packaging market are Ametek, Inc., Egide SA, Kyocera Corporation, Legacy Technologies Inc., Materion Corporation, Micross Components Inc., Renesas Electronics Corporation, Schott AG, Teledyne Technologies Incorporated, and Texas Instruments Inc. among others.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 North America Hermetic Packaging Market, By Product
- 1.3.2 North America Hermetic Packaging Market, By Application
- 1.3.3 North America Hermetic Packaging Market, By Industry Vertical
- 1.3.4 North America Hermetic Packaging Market, By Country
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Hermetic Packaging- Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 North America - PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinions
5. Hermetic Packaging Market - Key Industry Dynamics
- 5.1 Drivers
- 5.1.1 The highly sophisticated Aerospace and Defense industry is driving the demand for hermetic packaging in North America
- 5.1.2 Growing demands from the North American automotive, medical and telecommunications sectors
- 5.2 Restraints
- 5.2.1 Alternative and low-cost packaging methods could restrict the market growth
- 5.3 Opportunities
- 5.3.1 Unprecedented growth of consumer electronic devices in North America
- 5.4 Future Trends
- 5.4.1 Component miniaturization inclination would promote innovative hermetic packaging solutions
- 5.5 Impact Analysis of Drivers and Restraints
6. Hermetic Packaging Market- North America Analysis
- 6.1 North America Hermetic Packaging Market Overview
- 6.2 North America Hermetic Packaging Market Forecast and Analysis
7. Hermetic Packaging Market Analysis - By Product
- 7.1 Overview
- 7.2 North America Hermetic Packaging Market Breakdown, By Product, 2018 & 2027
- 7.3 Passivation Glass
- 7.3.1 Overview
- 7.3.2 Passivation Glass Market Revenue and Forecasts to 2027 (US$ Mn)
- 7.4 Transponder Glass
- 7.4.1 Overview
- 7.4.2 Transponder Glass Market Revenue and Forecasts to 2027 (US$ Mn)
- 7.5 Reed Glass
- 7.5.1 Overview
- 7.5.2 Reed Glass Market Revenue and Forecasts to 2027 (US$ Mn)
- 7.6 Glass-to-Metal Sealing
- 7.6.1 Overview
- 7.6.2 Glass-to-Metal Sealing Market Revenue and Forecasts to 2027 (US$ Mn)
- 7.7 Ceramic-to-Metal Sealing
- 7.7.1 Overview
- 7.7.2 Ceramic-to-Metal Sealing Market Revenue and Forecasts to 2027 (US$ Mn)
8. Hermetic Packaging Market Analysis - By Application
- 8.1 Overview
- 8.2 North America Hermetic Packaging Market Breakdown, By Application, 2018 & 2027
- 8.3 Transistors
- 8.3.1 Overview
- 8.3.2 Transistors Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.4 MEMS
- 8.4.1 Overview
- 8.4.2 MEMS Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.5 Sensors
- 8.5.1 Overview
- 8.5.2 Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.6 Lasers
- 8.6.1 Overview
- 8.6.2 Lasers Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.7 Photo Diodes
- 8.7.1 Overview
- 8.7.2 Photo Diodes Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.8 Airbag Ignitors
- 8.8.1 Overview
- 8.8.2 Airbag Ignitors Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.9 Others
- 8.9.1 Overview
- 8.9.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
9. Hermetic Packaging Market Analysis - By Industry Vertical
- 9.1 Overview
- 9.2 North America Hermetic Packaging Market Breakdown, By Industry Vertical, 2018 & 2027
- 9.3 Aerospace
- 9.3.1 Overview
- 9.3.2 Aerospace Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.4 Medical
- 9.4.1 Overview
- 9.4.2 Medical Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.5 Telecommunications
- 9.5.1 Overview
- 9.5.2 Telecommunications Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.6 Consumer Electronics
- 9.6.1 Overview
- 9.6.2 Consumer Electronics Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.7 Military & Defense
- 9.7.1 Overview
- 9.7.2 Military & Defense Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.8 Automotive
- 9.8.1 Overview
- 9.8.2 Automotive Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.9 Others
- 9.9.1 Overview
- 9.9.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. North America Hermetic Packaging Market - Country Analysis
- 10.1 North America Hermetic Packaging Market Breakdown, By Key Country
- 10.1.1 US Hermetic Packaging Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.1.1.1 US Hermetic Packaging Market Breakdown, By Product
- 10.1.1.2 US Hermetic Packaging Market Breakdown, By Application
- 10.1.1.3 US Hermetic Packaging Market Breakdown, By Industry Vertical
- 10.1.2 Canada Hermetic Packaging Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.1.2.1 Canada Hermetic Packaging Market Breakdown, By Product
- 10.1.2.2 Canada Hermetic Packaging Market Breakdown, By Application
- 10.1.2.3 Canada Hermetic Packaging Market Breakdown, By Industry Vertical
- 10.1.3 Mexico Hermetic Packaging Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.1.3.1 Mexico Hermetic Packaging Market Breakdown, By Product
- 10.1.3.2 Mexico Hermetic Packaging Market Breakdown, By Application
- 10.1.3.3 Mexico Hermetic Packaging Market Breakdown, By Industry Vertical
11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 Merger and Acquisition
- 11.4 New Development
12. Key Company Profiles
- 12.1 AMETEK Inc.
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Egide SA
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Product & Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Kyocera Corporation
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Legacy Technologies Inc.
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Materion Corporation
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Micross Components
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Renesas Electronics Corporation
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Schott AG
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Teledyne Technologies Incorporated
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Product & Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 Texas Instruments Incorporated
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
- 10.1.1 US Hermetic Packaging Market Revenue and Forecasts to 2027 (US$ Mn)
Summary:
Get latest Market Research Reports on North America Hermetic Packaging. Industry analysis & Market Report on North America Hermetic Packaging is a syndicated market report, published as North America Hermetic Packaging Market to 2027 - Regional Analysis and Forecasts by Product (Passivation Glass, Transponder Glass, Reed Glass, Glass-to-Metal Sealing (GTMS), Ceramic-to-Metal Sealing (CerTMS)); Application (Transistors, MEMS, Sensors, Lasers, Photo Diodes, Airbag Ignitors, Others); Industry Vertical (Aerospace, Medical, Telecommunications, Consumer Electronics, Military and Defense, Automotive, Others). It is complete Research Study and Industry Analysis of North America Hermetic Packaging market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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