Zion Market Research Global Hermetic Packaging Market, 2016–2024 | Page 4

Hermetic Packaging Market
initiation. The application segment is categorized into MEMS switches, lasers, sensors,
airbag ignitors, oscillating crystals, photodiodes, transistors, and others. The multilayer
ceramic packages segment is expected to dominate the global market.
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Global Hermetic Packaging Market: Regional Analysis
Since a very long period, the Asia-Pacific region is expected to dominate the global hermetic
packaging market. The growing need for hermetically packaged products in the Asia-Pacific
region is expected to fuel the market in that region. The emerging regions such as China,
India, and Japans increasing demand for the energy and the rising GDP growth rate propels
the overall growth rate of the global market. The developing regions such as Japan, China,
and India’s contribution in the satellite launches, space exploration, and space research are
expected to drive the global hermetic packaging market growth. The growing military and
defense industries in the regions such as U.S., Canada, Mexico, China, and India also boost
the global market growth.