Hermetic Packaging Market Size, Analysis, Strategies With Forecasts to 2025 “The global hermetic packaging market size was valued at USD 2.83 billion in 2016 and is anticipated to reach USD 5.03 billion by 2025. "
Global Hermetic Packaging Market report provides in-depth analysis and insights into developments impacting businesses and enterprises on global and regional level. The report covers the global Hermetic Packaging Market performance in terms of revenue contribution from various segments and includes a detailed analysis of key trends, drivers, restraints, and opportunities influencing revenue growth of the global Hermetic Packaging market. This report studies the global Hermetic Packaging Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Hermetic Packaging Market by companies, region, type and enduse industry. The global hermetic packaging market size was valued at USD 2.83 billion in 2016 and is anticipated to reach USD 5.03 billion by 2025. Packaging refers to the enclosures provided for products intended for storage, sale, distribution and use. These packages involve tins, cans and are barrier sealed to prevent air from entering into cans and help in preserving the contents from decaying. This is one side of the story. An application for hermetic sealing includes semiconductor electronics, thermostats, optical devices, MEMS and switches. Prevention of foreign b odies and water bodies in them is an essential requisite for maintaining proper functioning and reliability. Hermetic by standard definition goes as being impervious to air. A cavity sealed microelectronic package that passes both gross and fine leak test as per TM1014 test method is named hermetic otherwise christened a “leaker”. The factors boosting hermetic packages include high-performance and limitations in plastic encapsulate I.C and ceramic packages on account of industry gravitating towards surface-mount switches. Restraints for hermetic packages include the ondemand re-start of hermetic lines as opposed to continuous production lines of plastic packages.
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