Market Research Future published a research report on “Mass Flow Controller Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Industry Insight

The take of Global Mass Flow Controller Market 2020 recorded by Market Research Future reveals that the market can hit 6% to the net worth amid the pandemic. The years of growth is calculated to be from 2017-2023.

Top Impacting Factors

Mass flow controllers play a pivotal role in the fluid & gas processing as well as control application to measure and control the flow of liquids and gases. Mass flow controller market size is probable to nurture at a fast rate by 2023 owing to the demand for low flow rate controlling devices for precise measurements. The intensifying focus on microtechnology in sectors, such as science & engineering, has tinted the emphasis on the measurement of meager mass flow rates. Substantial developments in the laboratory & biomedical research sector that require gas flow measurement under controlled conditions show favoring nature towards the mass flow controller market growth for the future timeframe.

At the same time, the high level of accuracy and stability offered by mass flow controllers is also boosting the demand from the sectors such as oil & gas, food & beverage, chemical, and pharmaceutical industries. Other than this, the demand for mass flow controllers in the semiconductor industry for plasma etching and chemical vapor deposition processes will also fuel the Mass Flow Controller Market growth in the forecast period.

The worth of flow control in the semiconductor equipment, mainly in the manufacturing process, is paramount to capability, repeatability, and manufacturing of integrated circuits. Improvements in calibrations, diagnostics, and digital communication protocols have enhanced the capabilities of mass flow controllers, stressing the demand in the semiconductor industry. The versatile & reliable performance of these controllers fundamental to semiconductor process tools will also support the market growth in the foreseeable years. Furthermore, the escalating implementation of mass flow controllers in oil & gas and petrochemical industries for the measurement of gas flow is also highly supporting the high demand in the mass flow controller market.

More Info: https://www.globenewswire.com/news-release/2021/06/22/2251221/0/en/5G-Processor-Market-is-Poised-to-Create-a-Valuation-of-USD-18-5-Billion-By-2025-Growing-at-18-3-CAGR-Report-by-Market-Research-Future-MRFR.html 

Top Market Players

The top players operating in the mass flow controller market are listed as Brooks (U.S.), Bronkhorst (the Netherlands), Teledyne Hastings (U.S.), Burkert (Germany), Sensirion (Switzerland), HORIBA (Japan), Sierra (U.S.), Alicat Scientific (U.K), and MKS (U.S.).

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Segmentation of Market: Mass Flow Controller

The study by MRFR also digs some segmentation of the global mass flow controller market, which has been done through connection type, flow measurement, material type, connectivity technology, application.

Among the connection type segment, the mass flow controller market has included direct and indirect.

Among the flow measurement segment, the market is further included low, medium, and high.

Among the material type segment, the market has included stainless steel and exotic alloys.

Among the connectivity technology segment, the market for the global mass flow controller has classified into Profibus, analog, Ethercat, RS-485, Modbus TCPIP, Ethernet, and others. The global mass flow controller market has a wide area of applications in industries of chemical, semiconductor, petroleum, food and beverages, water and waste treatment, and oil & gas.

Regional Analysis:

Asia Pacific holds the largest share of the global mass flow controller market due to the growing presence of the chemicals, oil and gas, and semiconductor industries in the region. The mass flow controller market in China, India, and Japan is expected to exhibit the most promising growth over the forecast period. 

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Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

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