Market revenue in 2022 | USD 75.9 million |
Market revenue in 2030 | USD 109.2 million |
Growth rate | 4.7% (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 53.1% in 2022. Horizon Databook has segmented the Netherlands 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.
This move has increased demand and opportunities for domestic manufacturers such as DAF trucks. As per a February 2023 report by European Commission’s (EU), the annual growth rate in 2022 was estimated at 4.4%. Because of the government’s anti-inflationary measure, private consumption growth is set to remain under control and on positive side in 2023.
This has been observed because of increased wage growth. This has resulted in growth of consumer electronics. With the increase in consumer electronics industry the demand for hermetic packaging for semiconductor components is expected to increase in the future.
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