Automotive
November 27, 2020

Mass Flow Controller Market 2020 Analysis by Size, Share, Growth Drivers, Upcoming Trends and Demand By Top Players (Brooks, Bronkhorst, Teledyne Hastings)

The Global Mass Flow Controller Market is expected to exhibit a strong 6.1% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The global mass flow controller market is expected to reach a valuation of USD 2.2 billion by 2023.

Mass flow controllers are used to control the flow volumes of gases in various industries, including chemical, oil and gas, water and wastewater treatment, and others. The growing demand for low flow rate mass controllers in various industrial applications in these industries is a key trend in the global mass flow controller market. The growing chemicals industry is likely to be a major driver for the global mass flow controller market over the forecast period.

Competitive Leader board:

Brooks (U.S.), Bronkhorst (the Netherlands), Teledyne Hastings (U.S.), Burkert (Germany), Sensirion (Switzerland), HORIBA (Japan), Sierra (U.S.), Alicat Scientific (U.K), and MKS (U.S.).

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Segmentation:

·         On the basis of connection type, the global mass flow controller market is segmented into direct and indirect.

·         On the basis of flow measurement, the global mass flow controller market is segmented into low, medium, and high.

·         On the basis of material type, the global mass flow controller market is segmented into stainless steel and exotic alloys.

·         On the basis of connectivity technology, the market for mass flow controller is segmented into analog, Profibus, RS-485, Ethercat, Modbus TCPIP, and others.

·         On the basis of application, the global mass flow controller market is segmented into chemicals, petroleum, semiconductor, food and beverage, oil and gas, water and wastewater treatment, and others.

Regional Analysis:

Asia Pacific holds the largest share of the global mass flow controller market due to the growing presence of the chemicals, oil and gas, and semiconductor industries in the region. The mass flow controller market in China, India, and Japan is expected to exhibit the most promising growth over the forecast period.

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Major Highlights of TOC Covers:

1.      Executive Summary

2.      Key Business Trends

3.      Regional Trends and Growth

4.      Product Trends

5.      End-use Trends

6.      Definition and Forecast Parameters

7.      Mass flow controller Market Segmentation

8.      Mass flow controller Market Landscape

9.      Vendor Matrix

More…

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