Mass Flow Controller Market 2020 Recent Industry Developments, Various Important Aspects of COVID 19 Outbreak and Growth Strategies Adopted by Top Key Players Worldwide and Assessment to 2025

2020 August, Magarpatta SEZ, Pune, “ReportsnReports”, one of the world’s prominent market research firms has released a new report on Global Mass Flow Controller Market. The report contains crucial insights on the market which will support the clients to make the right business decisions. This research will help both existing and new aspirants for Mass Flow Controller Market to figure out and study market needs, market size, and competition. The report talks about the supply and demand situation, the competitive scenario, and the challenges for market growth, market opportunities, and the threats faced by Top key players.

The report also includes the impact of ongoing global crisis i.e. COVID-19 on the Mass Flow Controller Market and what the future holds for it. The published report is designed using a vigorous and thorough research methodology and ReportsnReports is also known for its data accuracy and granular market reports.

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“Mass flow controller market to grow at CAGR of 2.9% from 2020 to 2025”

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%. The growth of this market is mainly driven by growing demand for mass flow controllers in the 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. Growing opportunities in pharmaceutical and medical equipment and increasing demand for mass flow controllers for space applications provide lucrative opportunities for players in the mass flow controller market.

“Fluid & gas processing and control application to hold the largest size of the mass flow controller market during the forecast period”

Fluid & gas processing and control application accounted for the largest share of the mass flow controller market in 2018. Mass flow controllers play an essential role in the fluid & gas processing and control application to measure and control the flow of liquids and gases. A mass flow controller is designed and calibrated to control a specific type of liquid or gas at a particular range of flow rates. It is used to pass media at specific pressure rates to efficiently complete the mainstream production process. Monitoring and controlling pressure rates of media is the most critical factor in the fluid & gas processing and control application.

"Low flow rate mass flow controller to grow at highest CAGR during the forecast period”

Low flow rate mass flow controllers are used in industries, namely, semiconductors, chemicals, and food & beverages, for various critical applications in which high precision and stability are essential. For example, in laboratory research processes of the chemicals industry, various sub-processes such as testing and heat treatment need low flow rate mass flow controllers. Also, in the semiconductor chip manufacturing for the doping process, it is essential to control the flow of deposition media at a very low flow rate. Owing to the growth of the market for low flow rate mass flow controllers, many companies are investing in its development.

“Semiconductors industry to hold a significantly large share of mass flow controller market by 2025”

Mass flow controllers are used for various critical applications, such as wafer cleaning, thin film deposition, PCB treatment, chemical vapor deposition, and gas and spray coating in the semiconductors industry. A few processes require mass flow controllers capable of accurately measuring and controlling low flow rates. For example, in the precision coating application, gas and liquid flow control are adjusted according to the requirement of coating thickness. Mass flow controllers used in the semiconductors industry are highly efficient and effective as these controllers manage the overall flow of media/materials that are used to manufacture various elements, such as wafers and chips, in the semiconductors industry.

“Market in APAC to grow at highest CAGR during the forecast period”

The mass flow controller market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is expected to dominate the market due to factors such as increasing population, emerging economies, and rising adoption of mass flow controllers across different end-use industries, such as semiconductors, oil & gas, medical, pharmaceuticals, and chemicals. Increasing investments in the semiconductors industry and rising demand for efficient devices for measurement and control, and industrial automation are among the major factors driving the growth of the market in this region. 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 other regions. However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighboring countries are linked to one another through trade relations and supply chain, the entire region is affected by the outbreak of COVID-19.

Breakdown of the profiles of primary participants:

By Company Type: Tier 1 - 30%, Tier 2 - 45%, and Tier 3 - 25%
By Designation: C-Level Executives - 20%, Managers - 60%, and Directors - 20%
By Region: North America - 10%, Europe - 20%, APAC - 60%, and RoW - 10%

Major players profiled in this report are as follows: Bronkhorst High-Tech (Netherlands), Brooks Instrument (US), Burkert Fluid Control Systems (Germany), MKS Instruments (US), Sierra Instruments (US), Horiba (Japan), Sensirion (Switzerland), Alicat Scientific (US), Teledyne Hastings Instruments (US), and Parker Hannifin (US).

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The global Mass Flow Controller Market is expected to witness a promising growth in the next few years. The rising level of competition among the leading players and the rising focus on the development of new products are likely to offer promising growth opportunities throughout the forecast period. The research study on the global Mass Flow Controller Market offers a detailed overview, highlighting the key aspects that are expected to enhance the growth of the market in the near future. The key segmentation and the competitive landscape of the market have also been mentioned at length in the research study.

This report studies the Mass Flow Controller Market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Mass Flow Controller Market by product type and applications/end industries. These details further contain a basic summary of the company, merchant profile, and the product range of the company in question. The report analyzes data regarding the proceeds accrued, product sales, gross margins, price patterns, and news updates relating to the company.

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The report helps to identify the main Mass Flow Controller Market players. It assists in analyzing Mass Flow Controller Market competitive environment, including company overview, company total revenue, market opportunities, value, production sites and facilities, SWOT analysis, product details. The study also reveals the sales, revenue and market share for each market player included in this report for the period of 2015-2020. It also helps to ascertain the growth drivers and future prospects for the forecast timeline.

Conclusively, this report is a one stop reference point for the industrial stakeholders to get Mass Flow Controller Market forecast of till 2025. This report helps to know the estimated market size, market status, future development, growth opportunity, challenges, growth drivers of by analyzing the historical overall data of the considered market segments.

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