Zion Market Research Global Hermetic Packaging Market, 2016–2024 | Page 3

Hermetic Packaging Market
Global Hermetic Packaging Market: Growth Factors
The major factors that drive the global hermetic packaging market growth are the rising
demand for energy and hermetically packaged products, especially the electronic
components. The various application in the areas such as space, electronics, aeronautics,
and automobile components help propel the global market growth. The demand for
multilayer ceramic packaging for the high-frequency purposes such as wireless
communication, optical communication, and data communication fuels the growth of the
global hermetic packaging market. The growth and the development of the aeronautics and
space industry escalate the global market. The stringent regulatory and military policies
regarding its usage hinder the growth of the global market.
Global Hermetic Packaging Market: Segmentation
The global hermetic packaging market is segmented based on the type, configuration, end-
user industry, and application. The type segment is divided into transponder glass, glass–
metal sealings, reed glass, passivation glass, and ceramic–metal sealing. The configuration
segment is categorized into metal can packages, multilayer ceramic packages, and pressed
ceramic packages. The end-user industry is bifurcated into aeronautics and space, military
and defense, energy and nuclear safety, medical, automotive, telecommunication, and
others. The energy and nuclear safety subsegment are further classified into oil and gas
applications, fuel cell manufacturing, and electrical penetration control. The medical
subsegment is grouped into dental applications and veterinary applications. The automotive
subsegment is divided into battery protection, RFID transponder operation, and airbag