Mass Flow Controller Market

Key Revenue Pockets - Mass Flow Controller Market

The global mass flow controller market size is expected to grow from USD 1.1 billion in 2020 to USD 1.2 billion by 2025, at a CAGR of 2.9%. Growing demand for mass flow controllers in semiconductors industry, surging demand for intelligent flow meters in the chemicals and water & wastewater industries and increasing demand for mass flow controllers in fuel cells for renewable energy applications are the key factors driving the growth of the mass flow controller market.

A mass flow controller is mainly used for controlling and calibrating the flow of liquids and gases. It controls the flow of media at a particular flow rate. Depending upon the process, the flow rate of mass flow controller is deployed. Mass flow controllers help the players in the manufacturing industry not only to improve process efficiency but also to achieve optimum utilization of resources. Mass flow controllers consist of a control valve, an inlet port, an outlet port, and a flow sensor. The mass flow controller regulates the flow of media, using a closed-loop control system, which receives an input signal from by the operator unit. By using this mechanism, the mass flow controller regulates and passes the medium at a required flow rate.

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The market for the exotic alloys material is expected to grow at the highest CAGR during the forecast period. The requirement of synthetic rubber, 100-octane gasoline, and other valuable products created the demand for alloys that could handle the pressure and temperature and resist corrosion. Mass flow controllers of austenitic stainless steel (300 series) helped handle the production processes in various plants, and these materials are still important. As pressures and temperatures continued to rise in steam power plants and refinery process equipment, plain carbon steels were not enough, so alloys containing chrome and molybdenum, such as the 1–1/4, 2–1/4, 5, and 9 chrome/moly alloys, were developed.

Based on end-use industry, the market for pharmaceuticals industry is expected to grow at the highest CAGR during the forecast period. Mass flow controllers with low flow rates play a vital role in the pharmaceuticals industry for the measurement and control of different media (gas and liquid). For example, in the medical application, mass flow controllers are used in ventilation devices. The ultra-low flow measurement and control capability of the controllers improve the accuracy of ventilation devices and offer efficient control and safety for patients.

The mass flow controller market has been segmented into North America, Europe, APAC, and RoW. The market in APAC is expected to grow at the highest CAGR from 2020 to 2025 owing to the increasing investments in the semiconductors industry and rising demand for efficient devices for measurement and control. 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.

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Mass Flow Controller Market with COVID-19 Impact, by Type, Material, Media, Connectivity Technology, Flow Measurement (Low, Medium, High), Application, End-Use Industry (Semiconductors, Chemicals, Pharmaceuticals), Region-Global Forecast to 2025

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Mass Flow Controller Market Size,  Share & Growth Report
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SE 5758
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