UK Hermetic Packaging Market Size & Outlook, 2022-2030
UK hermetic packaging market, 2018-2030 (US$M)
Related Markets
UK hermetic packaging market highlights
- The UK hermetic packaging market generated a revenue of USD 89.7 million in 2022 and is expected to reach USD 131.4 million by 2030.
- The UK market is expected to grow at a CAGR of 4.9% 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 89.7 million |
| Market revenue in 2030 | USD 131.4 million |
| Growth rate | 4.9% (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, UK accounted for 2.6% 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 54.52% in 2022. Horizon Databook has segmented the UK 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.
Lockheed Martin Corporation is the leader in this category of defense equipment manufacturing. With the increase in tensions with Russia and military aid provided to Ukraine, military expenditure is expected to rise in the future.
The semiconductor market in the UK has been witnessing a positive trend. Because of this, the UK government has decided to subsidize semiconductor firms in order to domestically manufacture chips, microcontrollers, and other semiconductor components.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Hermetic Packaging Market Scope
Hermetic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK hermetic packaging market size, by product, 2018-2030 (US$M)
UK Hermetic Packaging Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
