China Hermetic Packaging Market Size & Outlook, 2022-2030
China hermetic packaging market, 2018-2030 (US$M)
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China hermetic packaging market highlights
- The China hermetic packaging market generated a revenue of USD 796.1 million in 2022 and is expected to reach USD 1,464.3 million by 2030.
- The China market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, ceramic to metal sealing was the largest revenue generating product in 2022.
- Ceramic to Metal Sealing is the most lucrative product segment registering the fastest growth during the forecast period.
Hermetic packaging market data book summary
| Market revenue in 2022 | USD 796.1 million |
| Market revenue in 2030 | USD 1,464.3 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Ceramic to metal sealing |
| Fastest growing segment | Ceramic to Metal Sealing |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramic to Metal Sealing, Glass to Metal Sealing, Transponder Glass, Reed Glass, Passivation Glass |
| Key market players worldwide | Niterra Co Ltd, Schott Pharma AG & CO KGaA, AMETEK Inc, Amkor Technology Inc, Texas Instruments Inc, Teledyne Technologies Inc, Kyocera Corp, Materion Corp, Egide SA, Micross Components |
Other key industry trends
- In terms of revenue, China accounted for 23.1% of the global hermetic packaging market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hermetic packaging market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 324.9 million by 2030.
Ceramic to metal sealing was the largest segment with a revenue share of 56.55% in 2022. Horizon Databook has segmented the China hermetic packaging market based on ceramic to metal sealing, glass to metal sealing, transponder glass, reed glass, passivation glass covering the revenue growth of each sub-segment from 2018 to 2030.
The country is investing heavily in the research & development of new defense equipment and technologies. To maintain its dominance in the south-china sea, the country is investing heavily, particularly in submarines, missile systems, and fighter aircraft.
According to China National Space Administration (CNSA), the country is expected to launch various space exploration and satellite programs in future. This has led to increased demand for semiconductor parts, microcontrollers, ICs, and relays. China is the most populous country in the world in 2023.
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Hermetic Packaging Market Scope
Hermetic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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China hermetic packaging market size, by product, 2018-2030 (US$M)
China Hermetic Packaging Market Outlook Share, 2022 & 2030 (US$M)
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