Mass Flow Controller Market

Mass Flow Controller Market worth $1.5 billion by 2024

According to the new research report "Mass Flow Controller Market by Material, Media, Connectivity Technology, Flow Measurement (Low, Medium, High), Application, End-Use Industry (Semiconductors, Chemicals, Oil & Gas, Pharmaceuticals), and Geography - Global Forecast to 2024", the mass flow controller market is expected to grow from USD 1.1 billion in 2019 to USD 1.5 billion by 2024, at a CAGR of 6.21%. The growth of this market is mainly driven by several factors, such as growing demand for mass flow controllers in semiconductors industry and surging demand for intelligent flow meters in the chemicals and water & wastewater industries.  

Browse 71 market data Tables and 41 Figures spread through 159 Pages and in-depth TOC on "Mass Flow Controller Market - Global Forecast to 2024"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/mass-flow-controller-market-7748578.html

Semiconductors industry to hold largest share of mass flow controller market during the forecast period

The growth in the semiconductors industry signifies the growth in the production rate of devices/products such as microcontrollers and processors, memory chips/storage devices, silicon wafers, transistors, and diodes. These products are widely used in the semiconductors industry. Mass flow controllers are used for various critical applications, such as wafer cleaning, thin film deposition, PCB treatment, chemical vapor deposition, and gas and spray coating, in the semiconductors industry. A few processes require mass flow controllers capable of accurately measuring and controlling low flow rates. Rise in innovations and developments in the semiconductors industry significantly drives the growth of the mass flow controller market at present, and a similar trend is likely to continue in the near future.

Mass flow controller market for spray and coating application application to grow at highest CAGR from 2019 to 2024

Coating process such as thin film deposition processes (e.g., reactive physical vapor deposition (PVD)), require a repeatable gas flow of the reactive gas to ensure reproducible film properties. Similarly, feed gas or gas mixture flow rates play a determining role in the quality of film coatings that can be achieved using plasma spray coating processes. As a consequence, accurate, precise, and repeatable control of the flow rates is critical for successful and repeatable plasma spray processes.

Rising adoption of mass flow controllers across different end-use industries such as semiconductors, oil & gas, and chemicals to boost demand for mass flow controllers in APAC during forecast period

APAC is expected to dominate the mass flow controller during the forecast period. Increasing investments in the semiconductors industry and rising demand for efficient devices for measurement and control, and industrial automation are among the major factors driving the growth of the market in this region. Most of the key players operating in the mass flow controller market have their production capacity in APAC as the production cost in this region is lower than that of in other regions.

Bronkhorst High-Tech (Netherlands), Brooks Instrument (US), Burkert Fluid Control Systems (Germany), MKS Instruments (US), Sierra Instruments (US), Horiba (Japan), Sensirion (Switzerland), Alicat Scientific (US), and Teledyne Hastings Instruments (US) are among a few major players in the mass flow controller market.

Don’t miss out on business opportunities in Mass Flow Controller Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
SE 5758
PR Published ON
4/22/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Mass Flow Controller Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home