Mass Flow Controller Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Material (Stainless Steel, Alloys, Others), By Flow Rate (Low, Medium, High), By Industry Vertical (Oil & Gas, Chemical, Semiconductor, Metallurgy, Healthcare, Food & Beverages, Others), And By Geography - Forecasts From 2021 To 2026

The global mass flow controller market is expected to grow at a compound annual growth rate of 4.73% over the forecast period to reach a market size of US$1,541.990 million in 2026, from US$1,115.395 million in 2019. 

A mass flow controller is a device that is used to control the rate of flow of a respective gas following the set flow rate, which is usually transferred or sent as an electric signal, automatically. The mass flow controllers provide and offer quick response times and are usually accurate, cost-effective, and reliable depending upon the applications. The market is expected to surge in the coming years, due to the rise in the demand for mass flow controllers in various sectors, such as oil & gas, chemical, metallurgy, healthcare, food and beverage, and others. The rise in the investments in the development of novel, innovative and advanced products is expected to play a major role in the market growth.

Growth in the semiconductor industry

The market is expected to surge in the coming years, due to the rise in the demand for mass flow controllers in the semiconductor industry. According to the data given by the Semiconductor Industry Association, global semiconductor sales were around US$412.1 billion in the year 2019. Mass flow controllers are widely used in the semiconductor sector to control and measure the various gases used in the production of semiconductor chips. Some of these include backside water cooling, CVD, and plasma etching processes. Several companies and firms have been offering several products to their customers. For instance, Brooks Instruments, one of the major players in the market, provides Advanced MultiFlo, which is accurate and offers high levels of purity.

Latest Developments

Major players have been making a substantial impact in the market.

• For instance, in August 2021, Brooks Instruments announced the launch of its GP200 Series pressure-based and insensitive mass flow controller, which had been designed for CVD and etching processes in semiconductor production. The company had stated that their novel product also operates in high vacuum conditions.
• In August 2021, Azbil Corporation, one of the imperative players in the market, announced that it would launch a novel and advanced digital mass flow controller. The company had stated that the novel controller offers high response and accuracy, and a comprehensive understanding of control status.
• In January 2020, Sierra Instruments announced the launch of their novel Redy Smart mass flow controllers and meters for BioPharm OEMs. The company had stated that its novel instruments and products offer high-precision microelectromechanical systems.

Growth in Oil & Gas sector

The market is expected to surge in the coming years, due to the rise in the demand for mass flow controllers in the oil & gas industry. In this sector, the mass flow controller controls the rate of flow of a respective gas and prevents it from leakage or any other waste spill scenario. The increasing demand for oil and gas, worldwide, is projected to surge the market growth, in the coming years.

Mass Flow Controller Market Scope:

Report Metric	Details
Market size value in 2019	US$1,115.395 million
Market size value in 2026	US$1,541.99 million
Growth Rate	CAGR of 4.73% from 2019 to 2026
Base year	2019
Forecast period	2021–2026
Forecast Unit (Value)	USD Million
Segments covered	Material, Flow Rate, Industry Vertical, And Geography
Regions covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies covered	Brooks Instruments, Burkert, Horiba, Ltd, Parker Hannifin Corporation, Alicat   Scientific, Inc., Omega by Spectris, Teledyne Hastings Instruments, Sierra   Instruments, MKS Instruments, Inc., Azbil Corporation
Customization scope	Free report customization with purchase

 

Segmentation:

• By Material
  • Stainless Steel
  • Alloy
  • Others
•  By Flow rate
  • Low Flow Rate
  • Medium Flow Rate
  • High Flow Rate
•  By Industry vertical
  • Chemical
  • Oil & Gas
  • Healthcare
  • Semiconductor
  • Metallurgy
  • Food & Beverage
  • Others
• By Geography
  • North America
    • USA
    • Canadá
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

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Frequently Asked Questions (FAQs)

Q1. What will be the mass flow controller market size by 2026?
A1. The global mass flow controller market is expected to reach a market size of US$1,541.99 million by 2026.

Q2. What is the size of the global mass flow controller market?
A2. Mass Flow Controller Market was valued at US$1,115.395 million in 2019.

Q3. What are the growth prospects for the mass flow controller market?
A3. The mass flow controller market is expected to grow at a CAGR of 4.73% over the forecast period.

Q4. What factors are anticipated to drive the mass flow controller market growth?
A4. The major factors which are driving the growth of the mass flow controller market are the increasing demand for mass flow controllers in the semiconductor industry, rising requirement for smart flow meters in chemical and water & wastewater industries, and the growing demand for mass flow controller in a fuel cell for renewable energy applications.

Q5. Who are the major players in the mass flow controller market?
A5. Prominent/major key market players in the global mass flow controller market Brooks Instruments, Burkert, Horiba, Ltd, and Parker Hannifin Corporation among others. 

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