Hermetic Packaging Market Size

Hermetic Packaging Market Analysis

The Global Hermetic Packaging Market was valued at USD 3.41 billion in 2020, and it is expected to reach USD 5.31 billion by 2026, at an estimated CAGR of 8.1%, from 2021 to 2026. The hermetic packaging market is among the industries that are affected by the Covid-19 pandemic. According to the Semiconductor Industry Association, after the Q4 of 2020, the semiconductor industry started recovery. Despite logistical challenges related to the coronavirus, semiconductor facilities located in Asia-Pacific continued to function normally with high-capacity rates. Moreover, in various countries, such as South Korea, most semiconductor operations continued uninterrupted, and chip exports grew by 9.4% in February 2020.

• Hermetic packaging is a requirement for all applications where electronic components must be protected from corrosive environments to ensure acceptable service life. Extremely high reliability is required for space electronics, often utilizing hermetic packages. Metal packages with glass to metal seals are the common solution for low to medium power levels. Due to poor thermal conductivity and limited electric conductivity of metals used in standard hermetic packages, direct bond copper solutions have been developed.
• Electronic plastic packages can survive 20 years in clean environments at lower temperatures. The same can fail in a few days in a corroding atmosphere at higher temperatures or higher pressure. The protection of encapsulated electronics is important for the permittivity of gases of the materials used for packaging. The difference of gas permittivity span over orders of magnitude for plastics on the side and glass/ceramic and metals on the other side.
• Further, hermetic packaging technologies that prevent internal components from reacting with oxygen or moisture in the air are critical for numerous microscale technologies, including sensors, batteries, super-capacitors, energy harvesters, and other energy systems. Creating suitable packaging strategies for these microscale technologies is of growing importance as the markets for these devices continue to increase.
• The micro battery market, for example, is expected to grow nearly five times between 2019 and 2025 as a result of electric vehicles, a new Internet of Things (IoT), and medical devices. Still, current hermetic packaging technologies limit micro battery energy densities to a fraction of macroscale batteries. One reason for the divergent energy densities of micro-and macroscale batteries is that widely used macroscale hermetic packaging technologies cannot be directly applied to micro-batteries as the packaging dominates the volume and mass of the internal components.