Mass Flow Controller Market

Bronkhorst (Netherlands) and Brooks Instruments (US) are the Leading Player in the Mass Flow Controller Market

Mass flow controllers play a vital role in controlling and measuring the flow of gases and fluids in various industries such as semiconductor, oil & gas, pharmaceuticals, metals & mining, food & beverages, chemicals, and water & wastewater treatment. The overall mass flow controller market is expected to be valued at USD 1,395.1 Million by 2023, growing at a CAGR of 5.4% between 2017 and 2023. The growth of this market is propelled by the growing demand for mass flow controllers in the semiconductor industry for various applications, high demand for mass flow controllers in fuel cells for renewable energy applications, and increasing demand for ultra-low flow rate mass flow controllers for numerous industrial and medical applications.

Bronkhorst (Netherlands), Brooks (US), Burkert (Germany), Teledyne Hastings (US), HORIBA (Japan), Sensirion (Switzerland), Alicat Scientific (UK), Sierra (US), and  MKS (US) are the leading players in the mass flow controller market. Product launches and developments, agreements and contracts, expansions, acquisitions, and partnerships are some of the key strategies adopted by the major players to gain a competitive edge in this market.

Bronkhorst (Netherlands) is one of the key players in the mass flow controller market. The company offers mass flow controllers based on Analog, PROFIBUS, ProfiNet, EtherCAT, Modbus RTU, Modbus TCPIP, and DeviceNet technologies. Bronkhorst concentrates on business strategies such as acquisitions, contracts, partnerships, and product launches and developments to gain a competitive edge over its competitors. For example, in 2015 and 2016, the company introduced 2 categories of mass flow controllers. Also, in June 2017, the company launched a new version of its mini CORI-FLOW Ex d series Coriolis mass flow meters for low flow rates.

Brooks Instruments (US) is a leading player in the mass flow controller market. The company provides mass flow controllers for many applications, namely heat treating, cutting and other thermal processes, thin film deposition systems, biopharmaceutical bioreactors, petrochemical and chemical gas and liquid pilot plants, process analysis, and analytical flow measurement. Brooks majorly focuses on the strategy of product launches and developments to accelerate its organic growth and strengthen its product portfolio. For instance, in 2016, the company launched mass flow controllers having the high-speed EtherCAT interface.

Other major companies operating in the mass flow controller market are Parker Hannifin (US), Hitachi Metals (Japan), Apex Sciences (US), TOKYO KEISO (Japan), Axetris (Switzerland), Azbil (Japan), Kofloc Kyoto (Japan), and FCTechnik (Switzerland).

Related Reports:

Mass Flow Controller Market by Material, Connectivity Technology, Flow Measurement (Low, Medium, High), Application, Industry (Chemicals, Oil & Gas, Food & Beverages, Pharmaceuticals, Semiconductor), and Geography - Global Forecast to 2023

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Report Code
SE 5758
Published ON
Nov, 2017
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