Our comprehensive research on the Global Mass Flow Controller Market (2023-2031) provides insights for businesses. It covers trends, investments, tech advancements, and major players. The report uses qualitative and statistical data from 2017-2031, including SWOT, BCG, PESTLE analysis, and visuals. It offers a full market landscape with stakeholder insights, regional outlooks, and financial considerations.
The global mass flow controller market size was US$ 1.2 billion in 2021. The global mass flow controller market is forecast to grow to US$ 1.59 billion by 2030 by growing at a compound annual growth rate (CAGR) of 3.3% during the forecast period from 2022 to 2030.
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Factors Influencing the market
A mass flow controller is used in pharmaceuticals, chemicals, semiconductors, wastewater treatment, and oil and gas industries in order to calculate and control the flow of liquids and gases. The wide applications of the device will drive the growth of the global mass flow controller market.
The growing awareness about the benefits of mass flow controllers will propel the market forward. In addition, the growing demand for mass flow controllers in the renewable energy segment will fuel the growth of the overall market.
The global mass flow controller market will witness significant growth due to growing advancements, partnerships, and acquisitions. Furthermore, the growing emphasis of industry players on micro-technology and space applications will benefit the global mass flow controller market.
The high initial cost of mass flow controllers may act as a restraint in the market growth
Regional Analysis
Europe is forecast to dominate the global mass flow controller market, followed by Asia-Pacific and North America. The growth of the market is attributed to the strict environmental laws and rising adoption of advanced technologies in the region. Furthermore, the Asia-Pacific mass flow controller market is forecast to register significant growth due to the growing pharmaceutical, chemical, and electronic industries.
Competitors in the Market
- Bronkhorst High-Tech BV
- Brooks Instrument
- Burkert Fluid Control Systems
- MKS Instruments Incorporated
- Sierra Instruments Incorporated
- Horiba Limited
- Sensirion AG
- Alicat Scientific
- Teledyne Hastings Instruments
- Parker Hannifin Corporation
- Vogtlin Instruments GmbH
- Azbil Corporation
- Aalborg Instruments
- Axetris AG
- Dwyer Instruments Incorporated
- Other Prominent Players
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The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Mass Flow Controller industry experienced notable growth in its workforce. Starting in January, employment within the Mass Flow Controller sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Mass Flow Controller output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Mass Flow Controller output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Mass Flow Controller market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Mass Flow Controller market.
Market Segmentation
The global mass flow conductor market segmentation focuses on Type, Material, Media, Flow Rate, Connectivity, End-Use, Product, Application, and Region.
Based on Type
- Direct
- Indirect
Based on the Material Type
- Stainless Steel
- Exotic Alloys
- Others (Bronze and Brass)
Based on Media Type
- Gas
- Liquid
- Others
Based on Flow Rate
- Low Flow Rate
- Medium Flow Rate
- High Flow Rate
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Based on Connectivity Technology
- Analog
- PROFIBUS
- RS-485
- ProfiNet
- Foundation Fieldbus
- EtherCAT
- EtherNet IP
- Modbus RTU
- Modbus TCP/IP
- DeviceNet
Based on End-Use Industry
- Chemicals
- Oil & Gas
- Pharmaceuticals
- Semiconductors
- Food & Beverages
- Water & Wastewater Treatment
- Metals & Mining
Based on Product Type
- Coriolis Mass Flow Meter
- Differential Pressure Flow Meter
- Thermal Mass Flow Meter
Based on Application
- Catalyst Research
- Gas Chromatography
- Spray & Coating Processes
- Fluid & Gas Processing and Control
- Fuel Cell
- Solar Cell
- Heat Treating
Based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
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Table of Contents:
Chapter 1: Introduction to the Global Mass Flow Controller Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Mass Flow Controller Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Mass Flow Controller Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Mass Flow Controller Market Size (2023-2031)
Reasons to Acquire This Report
(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level Mass Flow Controller market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the Mass Flow Controller market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of Mass Flow Controller business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
Why is our study consequential?
Our study holds paramount importance for various reasons, a few of which include:
• Assisting businesses in gauging the viability of new or existing products or services.
• Facilitating business enterprises in the identification and cultivation of novel market segments.
• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
• Analyzing market trends to aid businesses in devising adaptive strategies.
• Guiding businesses in the optimal placement of their products.
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