Press release
Mass Flow Controllers Market 2025 Receives a Rapid Boost in Economy due to High Emerging Demands
Mass flow controller market on a global scenario was valued at US$ 891.9 Mn in 2017 and is expected to grow at a CAGR of 7.6% during the forecast period 2018 – 2025, to account to US$ 1,588.0 by 2025.The market for mass flow controllers is experiencing a steady growth rate over the periods, as the various industries are integrating these gas or liquid flow controllers in order to maintain an optimum flow during the operation. The mass flow controller market consists of established companies as well as new entrants, who invests substantial amounts and time to design and develop technologically enhanced, and advanced sensors making the mechanism suitable for various applications process in order to satisfy the client requirement.
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Key Benefits
• This report provides a detailed study of market trends and forecast from 2018 to 2025, which assist to identify the prevailing market opportunities.
• In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
• This study further includes market share analysis in terms of type and applications.
• Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
• Porter's Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.
The growth of mass flow controller market in the current scenario is attributed to increased semiconductor manufacturing in countries such as the US, Taiwan, South Korea, China and Japan for various consumer as well as industrial electronics products. The mass flow controllers are the easiest scope to control gas and liquids flow during semiconductor manufacturing, as the flow controller manufacturers offer the end user with the opportunity to control the flow rate with three different modes namely; low flow rate, medium flow rate and high flow rate.
Leading Key Players:
• Brooks Instruments
• Horiba Stec Co. Ltd.
• MKS Instrument
• Hitachi Metals Inc.
• Bronkhorst
• Parker Hannifin Corporation
• Axertis AG
• Aalborg Instruments & Controls, Inc.
• Alicat Scientific, Inc.
• Christian Burkert GmbH & Co. KG
Mass Flow Controller Market Insights
The semiconductor industry uses mass flow conductors since early days in order to detect, measure and control gases during the manufacturing of semiconductor products. The mass flow controller plays a major role in semiconductors manufacturing as it impacts directly on the quality and efficiency of the final product. The different process involved in mass flow controlling procedure in semiconductors industry includes chemical vapor deposition (CVD), backside water cooling, and plasma etching process among others.
The semiconductor industry is one of the most prominent application industry in mass flow controller market, however, it is cyclical. The semiconductor products manufacturing processes encompasses various types of gas flows namely; Nitrogen, Argon, Helium Carbon Dioxide, and Hydrogen among others, which needs to be monitored and controlled. As the manufacturing of semiconductors is increasing at an exponential rate over the years the demand for technologically enhanced mass flow conductors is also surging.
Strategic Insights
Few of the recent strategies by some of the players in mass flow controller market landscape are listed below:
2017: Horiba Semiconductor exhibited control solutions at SEMICON Japan. The company presented Chemical Solution Concentration Monitor CS-700 to monitor up to 8 constituents mechanically with high accuracy rate and Thermal Type PI Mass Flow Controller SEC-Z700S with high flow rate accuracy.
2017: Bronkhorst honored with flow control innovation awards for innovations showed up in EL-FLOW Prestige mass flow controller & meter.
2017: Parker Hannifin Corporation’s Fluid Connectors India Division is expected to manufacture 12 industrial hose series in Nagpur (India) with an intention to advance customer support in Asia Pacific region.The report segments the global mass flow controller market are as follows:
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Global Mass Flow Controller Market – By Flow Rate
• Low Flow Rate
• Medium Flow Rate
• High Flow Rate
Global Mass Flow Controller Market – By Sensors
• Pressure Sensors
• Thermal Sensors
Global Mass Flow Controller Market – By Application
• Gas Chromatography
• Semiconductors
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