Global Mass Flow Controller Market 2023-2027
Technavio has been monitoring the mass flow controller market and is forecast to grow by $554.89 mn during 2022-2027, accelerating at a CAGR of 5.9% during the forecast period. Our report on the mass flow controller market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for industrial automation, growing semiconductor industry, and rising demand for renewable energy.
Technavio's mass flow controller market is segmented as below:
By Type
- Exotic alloy
- Stainless steel
- Bronze
- Brass
By End-user
- Semiconductor
- Oil and gas
- Chemical
- Metal and mining
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing use of advanced materials as one of the prime reasons driving the mass flow controller market growth during the next few years. Also, growing adoption of smart mass flow controllers and integration with IoT and Industry 4.0 will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the mass flow controller market covers the following areas:
- Mass flow controller market sizing
- Mass flow controller market forecast
- Mass flow controller market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mass flow controller market vendors that include Aalborg Instruments and Controls Inc., Alicat Scientific, Azbil Corp., Bronkhorst High Tech B.V., Christian Burkert GmbH and Co. KG, Dwyer Instruments LLC, HORIBA Ltd., IKS PVD Technology Shenyang Co. Ltd, KRACHT GmbH, Kurt J Lesker Co., MKS Instruments Inc., Perkin Elmer Inc., Proterial Ltd., Sensirion AG, shanghai cixi Instruments Co. Ltd., Sierra Instruments Inc., Teledyne Technologies Inc., TSI Inc., VITROCELL Systems GmbH, and Vogtlin Instruments GmbH. Also, the mass flow controller market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.