The mass flow controller market is projected to grow from US$ 1.65 billion in 2023 to US$ 2.89 billion by 2031; it is expected to expand at a CAGR of 7.2% from 2023 to 2031. Technological improvements caused an increase in demand for intelligent smart flow meters, propelling the Mass Flow Controller Market forward. Mass flow controllers are essential for the quality control of a wide range of medical equipment, and several prominent industry players have pounced at the possibility of employing them to combat the fatal coronavirus pandemic.
Mass Flow Controller Market Analysis
One noteworthy trend in the mass flow controller market is the growing use of these controllers in the semiconductor industry, where they are utilized to measure the flow of gases and liquids required for semiconductor chip fabrication. In addition, the increased demand for mass flow controllers in renewable energy applications is driving market expansion. Furthermore, technological developments resulted in increased demand for intelligent smart flow meters, which boosted market expansion.
Mass Flow Controller Market Industry Overview
- The global mass flow controller market is expanding rapidly and will continue to grow over the next several years. A mass flow controller typically gear sticks the flow rate of a gas to a predetermined flow rate, known as an electronic signal, without being influenced or agitated by fluctuations in gas pressure. In a word, a mass flow controller is a device that measures, computes, regulates, and controls the flow or drift of a gas or liquid in a variety of applications. These devices are designed solely to regulate or rheostat a certain type of liquid or gas over a specific range of flow rates.
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You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
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Mass Flow Controller Market Driver and Opportunities
Increasing Demand from the Healthcare Sector to Drive the Mass Flow Controller Market
- Mass flow controllers with low flow rates play an important role in the healthcare industry for weighing gas and liquid. For example, these devices are ideal for ventilation purposes. The ultra-low flow measurement of the regulators improves the precision of ventilation implements and provides effective control over them, assuring the patient's safety.
- Mass flow controllers are vital in the quality control of several types of medical devices. Furthermore, the increased emphasis on the Industrial Internet of Things (IIoT), smart factories, and industrial automation in the post-COVID-19 era will drive demand for controller technologies and complicated process technologies such as flow measurement and control.
Increasing Demand from the Semiconductor Industry to Create Lucrative Market Opportunities
- Spraying and coating are the most widely utilized technologies in the semiconductor industry for wafer dusting, thin film removal, precision coating, and biological gas deposition. All of these courses use mass flow controllers to regulate gas and fluid flow at a low rate. When selecting mass flow, the primary factors to consider are the precision of flow control and the consistency and solidity of measurement.
- There is an increasing demand for mass flow controllers for measuring and controlling gases used in semiconductor chip fabrication processes such as plasma etching, chemical vapor deposition (CVD), and backside water cooling, among others. This, in turn, is expected to create lucrative growth opportunities for market players during the forecast period.
Mass Flow Controller Market Report Segmentation Analysis
The key segments that contributed to the derivation of the mass flow controller market analysis are flow rate, sensor, application, and process.
- By flow rate, the market is segmented into low, medium, and high.
- By sensors, the market is segmented into pressure sensors and thermal sensors.
- Increasing demand for thermal sensors from the semiconductor industry is expected to boost the segment growth during the forecast period.
- By application, the market is segmented into gas chromatography and semiconductors.
- By process, the market is divided into CVD, PVD, Plasma Etching Processes, Backside Water Cooling, FPD, and Others.
Mass Flow Controller Market Share Analysis By Geography
- The scope of the mass flow controller market is primarily divided into five regions - North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- The mass flow controller market in Asia Pacific is predicted to develop at the fastest rate during the forecast period. This region is likely to lead the market due to factors such as growing population, emerging economies, and increased adoption of mass flow controllers in various end-use industries.
Mass Flow Controller Market Regional Insights
Mass Flow Controller Market Regional Insights
The regional trends and factors influencing the Mass Flow Controller Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Mass Flow Controller Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Mass Flow Controller Market
Mass Flow Controller Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.65 billion |
Market Size by 2031 | US$ 2.89 billion |
Global CAGR (2023 - 2031) | 7.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Flow Rate
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Mass Flow Controller Market Players Density: Understanding Its Impact on Business Dynamics
The Mass Flow Controller Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Mass Flow Controller Market are:
- Aalborg Instruments
- Alicat Scientific
- Axetris AG
- Bronkhorst High-Tech
- Brooks Instrument
- Burkert Fluid Control Systems
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Mass Flow Controller Market top key players overview
Mass Flow Controller Market News and Recent Developments
Companies adopt inorganic and organic strategies such as mergers and acquisitions in the mass flow controller market. Some of the recent key market developments are listed below:
- 2023 - Sensirion announced the launch of a new mass flow controller. The SFC6000 is small and lightweight and has an unbeatable price-performance ratio and a very attractive delivery time. It optimizes the flow control in devices in the semiconductor industry, analytical instruments, and industrial automation. [Source: Sensirion, Company Website]
Mass Flow Controller Market Report Coverage & Deliverables
The mass flow controller market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Mass Flow Controller Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-
- Market size & forecast at global, regional, and country levels for all the key market segments covered under the scope.
- Market dynamics such as drivers, restraints, and key opportunities.
- Key future trends.
- Detailed PEST & SWOT analysis
- Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
- Detailed company profiles.
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Flow Rate ; Sensors ; Application ; and Process
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
Asia Pacific is anticipated to grow with a high growth rate during the forecast period.
The major players holding majority shares are Aalborg Instruments, Alicat Scientific, Axetris AG, Bronkhorst High-Tech, and Brooks Instrument.
Increasing awareness regarding the use of mass flow controllers in the semiconductor industry in the global mass flow controller market.
Growing demand for ultra-low flow controllers for numerous engineering, manufacturing, and medical applications are the major factors that propel the global mass flow controller market.
The global mass flow controller market was estimated to grow at a CAGR of 7.2% during 2023 - 2031.