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Global Mass Flow Controller Market Size By Product (Coriolis Mass Flow Meter, Differential Pressure Flow Meter), By Application (Fuel Cell, Heat Treating), By End-User (Chemicals, Metals & Mining), By Geographic Scope And Forecast


Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Mass Flow Controller Market Size By Product (Coriolis Mass Flow Meter, Differential Pressure Flow Meter), By Application (Fuel Cell, Heat Treating), By End-User (Chemicals, Metals & Mining), By Geographic Scope And Forecast

Mass Flow Controller Market Size And Forecast

Mass Flow Controller Market size was valued at USD 1.24 Billion in 2024 and is projected to reach USD 1.92 Billion by 2031, growing at a CAGR of 5.60% during the forecast period 2024-2031.

The Mass Flow Controller Market is experiencing tremendous growth owing to the increasing demand in the semiconductor industries. In addition, the growing need for mass flow controllers in renewable energy applications is contributing to market growth. The Global Mass Flow Controller Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market.

Global Mass Flow Controller Market Definition

A mass Flow Controller is a device designed to control the flow rate of fluids, gas, and liquids to serve the purpose of accurate measurement. The design of the controllers differs from the type of gas and liquids and the range of flow rates. The controller automatically controls the flow rate without being unaffected by certain changes in the gas pressure. It encompasses the mass flow sensor, inlet and outlet port, and proportional control valve. It widely finds its application in the chemical, semiconductor, metal, and mining industries.

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Global Mass Flow Controller Market Overview

The Mass Flow Controller Market is experiencing tremendous growth owing to the increasing demand in the semiconductor industries. In addition, the growing need for mass flow controllers in renewable energy applications is contributing to market growth. Moreover, the innovations in the technologies led to surging demand for intelligent smart flow meters, imposing a positive impact on market growth. Mass flow controllers play an essential role in the quality control of different types of medical devices, and several key industry players have grabbed the opportunity to fight against the deadly coronavirus pandemic.

For instance, RedySmart mass flow controllers of Sierra Instruments provide critical gas flow control systems for bioreactors to scale vaccines from lab to pilot to full-scale production. However, the huge capital investment and issues related to physical restraints are hampering the market growth. Factors such as tuning issues and high fluctuations in differential pressure create problems for high-pressure applications which will cause restrain the growth of the market.

Global Mass Flow Controller MarketSegmentation Analysis

The Global Mass Flow Controller Market is Segmented on the basis of Product, Application, End-User, And Geography.

Mass Flow Controller Market, By Product

  • Coriolis Mass Flow Meter
  • Differential Pressure Flow Meter
  • Thermal Mass Flow Meter

Based on Product, the market is segmented into Coriolis Mass Flow Meter, Differential Pressure Flow Meter, and Thermal Mass Flow Meter. The Thermal Mass Flow Meter segment in the Mass Flow Controller Market is forecasted to hold the majority of the market share on account of the rising acceptance in gas flow applications such as air sampling in nuclear power plants, combustion air measurement in large boilers, gas chromatography, among others.

Mass Flow Controller Market, By Application

  • Fluid and Gas Processing and Control
  • Fuel Cell
  • Heat Treating
  • Solar Cell
  • Others

Based on Application, the market is segmented into Fluid and Gas Processing and Control, Fuel Cell, Heat Treating, Solar Cell, and Others.

Mass Flow Controller Market, By End-User

  • Chemicals
  • Metals & Mining
  • Oil & Gas
  • Pharmaceuticals
  • Semiconductor
  • Others

Based on End-User, the market is segmented into Chemicals, Metals & Mining, Oil & Gas, Pharmaceuticals, Semiconductor, and Others. The semiconductor segment will capture 25% of the Mass Flow Controller Market share by 2028 due to the increasing demand for mass flow controllers in the measurement and control of gas used in the semiconductor chip fabrication process such as plasma etching processes, chemical vapor deposition (CVD), backside water cooling, among others.

Mass Flow Controller Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of Regional Analysis, the Global Mass Flow Controller Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Mass Flow Controller Market in the Asia Pacific is expected to grow at the highest CAGR during the forecast period. This region is expected to dominate the market due to factors such as increasing population, emerging economies, and rising adoption of mass flow controllers across different end-use industries.

Key Players

The “Global Mass Flow Controller Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Sierra Instruments, MKS Instruments, Burkert Fluid Control Systems, Bronkhorst High-Tech, Brooks Instrument, Horiba, Sensirion, Alicat Scientific, Teledyne Hastings Instruments, Parker Hannifin.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Product Launches and Product Expansions

  • MKS Instruments introduced the next-generation C-series mass flow controllers in October 2019, which combine MEMS technology with a fast-acting control valve and MKS proprietary algorithms to provide an ultra-fast control time of fewer than 100 milliseconds.
  • Brooks Instrument (US) introduced two new mass flow controllers for biotechnology applications in July 2019the SLA5800 Series Biotech and the SLAMf Series Biotech.
  • In July 2019, the business began supplying a web server feature for all MFC/MFM with integrated Industrial Ethernet Switch to satisfy the various requirements of mass flow controllers for various applications and to ease access via the Burkert Communicator software tool. This allowed access to the device, process, and diagnostic data via the field device’s IP address without the need for any other software tools or accessories.
  • Bronkhorst High-Tech (Netherlands) introduced the IN-FLOW line of mass flow meters and controllers in January 2019. The IN-FLOW series features a durable, IP65-rated dustproof and waterproof design. The IN-FLOW series flow meters come with optional ATEX approval for use in Category 3, Zone 2 hazardous areas and are now available with FM approval for Class I, Division 2 to meet the needs of the North American market. They are available in flow ranges from 0.05–1 mln/min up to 200–10000 m3n/h air-equivalent.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

Unit

Value (USD Billion)

KEY COMPANIES PROFILED

Sierra Instruments, MKS Instruments, Burkert Fluid Control Systems, Bronkhorst High-Tech, Brooks Instrument, Horiba, Sensirion, Alicat Scientific.

SEGMENTS COVERED

By Product, By Application, By End-User, And By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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