Market revenue in 2022 | USD 269.1 million |
Market revenue in 2030 | USD 446.7 million |
Growth rate | 6.5% (CAGR from 2022 to 2030) |
Largest segment | Ceramic to metal sealing |
Fastest growing segment | Reed Glass |
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 56.56% in 2022. Horizon Databook has segmented the Japan 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.
It also involved the research and development cost of new surfaceto-surface missiles, anti-missile defense, Cyber security, and UAVs etc. According to the Japan Aerospace Exploration Agency (JAEA), Japan has been investing in satellite development programs.
The country has various space programs under development like Experimental Geodetic Satellite (AJISAI-EGS). These developments are expected to increase the demand for components made of semiconductors, integrated chips, and microcontrollers.
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