Germany Hermetic Packaging Market Size & Outlook
Germany hermetic packaging market, 2018-2030 (US$M)
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Germany hermetic packaging market highlights
- The Germany hermetic packaging market generated a revenue of USD 182.5 million in 2022 and is expected to reach USD 280.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.5% 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 182.5 million |
| Market revenue in 2030 | USD 280.8 million |
| Growth rate | 5.5% (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, Germany accounted for 5.3% 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 Europe, Germany hermetic packaging market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 93.1 million by 2030.
Ceramic to metal sealing was the largest segment with a revenue share of 54.47% in 2022. Horizon Databook has segmented the Germany 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.
In March 2023, Germany officially delivered Leopard tanks and other defense equipment to Ukraine. The Leopard tank is considered to be the most advanced tank in Europe. In addition, Germany is stockpiling defense equipment to deal with any unforeseen aggression from Russia.
The healthcare industry in Germany has been witnessing positive growth trends. The German government spent USD 8,938 per citizen during the COVID-19 pandemic. The country is the third largest medical technology market in the world and the largest in Europe, accounting for 25% of the European market.
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Hermetic Packaging Market Scope
Hermetic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany hermetic packaging market size, by product, 2018-2030 (US$M)
Germany Hermetic Packaging Market Outlook Share, 2022 & 2030 (US$M)
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