Hermetic Packaging Market Size Is Projected To Reach USD 6.06 Billion By 2030Posted by Neha Bora on October 3rd, 2022 Hermetic Packaging – A Unique, But Critical Technology What does hermetic packaging do? Put simply, it offers protection to ultra-sensitive electronics items such as sensors, laser diodes, and optoelectronic elements from outside environment factors like rust and moisture, which are known to impact the functioning of such products. Besides these, risk factors such as air pressure fluctuations and dirt, among others, are also addressed well through hermetic packaging. The defense and aerospace sector, along with healthcare and automotive industries, have been the earliest users of hermetic packaging, wherein it was used for protection of MEMS systems from moisture or gas; continued advancements in this packaging technology have helped expand its scope to other industries in recent years. The use of sensors and electronic components has become vital to the growth of any industry, which makes the presence of hermetic packaging all the more essential. For instance, for the petrochemical industry, the extensive utilization of downhole drilling exploration equipment has been very important to its advancements, and Hermetics are well-regarded for their ability to protect various components in such equipment. On the other hand, in the automotive industry, airbag equipment and rollover devices need their sensors to function efficiently, and Hermetics are again proving vital in this aspect. The pharmaceutical sector also has realized the importance of this packaging, as it ensures that various components that are sensitive to light and temperature changes can be offered appropriate protection from such external components. Access Research Report of Hermetic Packaging Market @ https://www.grandviewresearch.com/industry-analysis/hermetic-packaging-market A Vital Cog For The Defense Sector… One of the most important areas where hermetic packaging has been deployed is the aerospace and defense sector. The military and defense sector is one of the most investment-intensive global industry, with leading countries such as the United States, Russia, China, India, and Japan pumping billions of dollars into the procurement of advanced devices. The total global military expenditure stood close to USD 2 trillion in 2020, with the US, China, Russia, India, and the UK being the top 5 spenders. There has been a growing focus on the development of surveillance, combat, ordinance, and intelligence technologies by governments and private organizations, which has naturally created a huge demand for electronic sensors. The most notable sensors that are present in the military include micro-electro-mechanical systems (MEMS), wearable sensors, nanosensors, active sensors, infrared sensors, and camera sensors. A number of companies involved in the hermetic packaging market have been involved in the development of critical components for a good period of time. The Aerospace Industry Requires Hermetic Packaging Too… It is not only the military sector that has witnessed high demand for hermetic packaging; the aerospace industry also considers it to be a vital piece in its overall growth. The aerospace industry is one of the most well-developing and advanced industries globally, with innovative technologies and features being introduced at a steady clip by major manufacturers. The aerospace industry makes use of hermetically sealed terminals, hermetic connectors, and hermetically sealed headers as vital components in an airplane. Hermetic connectors help in ensuring that delicate electronic components within the black box maintain their integrity, so that the contents can be reproduced without any issues if they are needed. Furthermore, hermetic connectors are also vital for sensor systems in fuel tanks of airplanes, so that in case of fuel seepage, a notification can be sent. Industry Developments Have Been Fast And Furious…. There has been a steady stream of product launches in recent years by both international as well as local market players, with the main aim being an improvement in the lifecycle of electronic components. For instance, in March 2022, Interstate Connecting Components (ICC), a division of Heilind Mil-Aero in New Jersey, introduced a wide range of mil-spec electromechanical relays from TE Connectivity for aircraft and aerospace applications, with the aim to offer high resistance temperature variations, extreme shocks and vibrations, and altitude changes. The global hermetic packaging market is well-fragmented with the presence of various regional as well as multinational players, thus presenting a lot of options for end-user industries. Some of the notable names include Schott AG, Ametek, Kyocera Corporation, Egide, Special Hermetic Products, NGK Spark Plug, Willow Technologies, Mackin Technologies, and Sinclair Manufacturing Company. These companies resort to the well-understood strategies of acquisitions, product launches, and capacity expansions, as a means to drive their market share. Following are some of the notable developments in this market over the past couple of years:
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