Market revenue in 2022 | USD 129.8 million |
Market revenue in 2030 | USD 193.8 million |
Growth rate | 5.1% (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 |
Ceramic to metal sealing was the largest segment with a revenue share of 54.01% in 2022. Horizon Databook has segmented the France 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.
Apart from this military aid to Ukraine, France has been an important exporter of fighter jets like Mirage and Rafael, as well as submarine equipment like air-independent propulsion systems and is actively participating in the research and development of military equipment in collaboration with countries like India.
The demand for EV batteries is expected to increase. Automotive Cell Company (ACC) companie’s plant is being planned in the northern France. These developments are expected to boost the requirement for hermetic packaging for semiconductors across business segments.
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