Mass Flow Controllers Market: Innovation and Introduction of Technologically Enriched Mass Flow Controllers
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. 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.Download PDF Brochure @ https://www.theinsightpartners.com/sample/TIPTE100001269/?opr-mj
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 top companies operating in the field of mass flow controllers include Aalborg Instruments & Controls, Inc., Alicat Scientific, Axetris AG, Binary Intelligence LLC, Bronkhorst, Brooks Instrument, Christian Bürkert GmbH & Co. KG, Hitachi Metals, Ltd., Horiba Stec Co. Ltd., MKS Instruments, Inc., and Parker Hannifin Corporation among others. Various other companies are also operating in the market and is coming up with new technologies and offerings which is helping the market for mass flow controllers to expand over the years in terms of volume as well as revenue.
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. Moreover, with the advent of low gas flow rate, less processing time, and constantly plasma processing, the run to run repeatability and steady state performance of mass flow controllers is also gaining prominence among the semiconductor manufacturers.
The mass flow controller market is concentrated with well-established companies as well as emerging players as the demand for mass flow controllers is increasing rapidly. The companies operating in the field are investing significant amounts in research and development to innovate and introduce robust technologies in order to ease the semiconductor manufacturer’s process and gain customer satisfaction. For instance, in 2017, Christian Bürkert GmbH & Co. KG, launched its newly innovated mass flow controller for gases. This device has an integrated industrial Ethernet control switch which enables the system to support popular industrial Ethernet protocols. In addition, this mass flow controller is skilled for integration into any existing systems. On the other hand, Sensirion AG, introduced sensor solution for control and measurement of gases and liquids, which ensures faster control rates for gas and liquid mass flow. The gas flow controller has a settling time of 50 milliseconds while liquid flow controllers have less than 30 milliseconds. These sensor systems are highly accurate and faster than the conventional systems. Pertaining to advantages of sensor based mass flow controllers, the semiconductor manufacturers are increasing adopting the advanced technologies, which is anticipated to bolster the market in the coming years. These innovations and introduction of technologically robust mass flow controllers for gas and liquid control, is poised to create ample opportunities for the manufacturers to increase its customer base and thereby, propelling the market growth over the periods.
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Geographically, the mass flow controller market has been analyzed based on four strategic regions namely; North America, Europe, Asia Pacific, Rest of World. The most prominent region in the current scenario stands for Asia Pacific as the region consists of huge number of well-established as well as emerging semiconductor manufacturers. These industry participants invests substantial amounts in order to meet the client’s requirement with advanced technologies. Companies in Asia Pacific such as Samsung, Sony, Toshiba, UMC, and TSMC among others are constantly increasing their semiconductor manufacturing, which in turn leading mass flow controllers to innovate new and upgrade the existing controllers. The new products and upgraded products are attracting the semiconductor manufacturers significantly, which is impacting positively on the growth of the market. Pertaining to these factors, the region is also estimated to be the fastest growing geography in global mass flow controllers market. On the other hand, North America is the closest competitor to Asia Pacific, owing to increasing number of electronic chips manufacturing companies in the US.
Key findings of the study:
Asia-Pacific is anticipated to account the largest mass flow controller market share.
Based on flow rate, the low flow rate segment is projected to dominate the mass flow controller market.
Thermal sensor segment held the largest market share by sensors.
Semiconductor segment dominated the market by application.
Due to moderate entry barrier to industry, various small and medium companies are entering into the market, also well-established companies operating in the market are innovating new offerings. The well-established companies as well as the new entrants in the market are coming up with innovative technologies in terms of sensors, number of liquid flowing units as well as increasing the applications, resulting in increase in procurement of mass flow controllers.
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