Press release
Mass Flow Controllers Market Report (COVID-19 Analysis) Worldwide Market Trends & Opportunities and Forecast to 2028 | Axetris AG, Axetris AG, Alicat Scientific
The mass flow controller market was valued at US$ 891.8 Mn in 2017 and is projected to reach US$ 1,588.0 Mn by 2025; it is expected to grow at a CAGR of 8.29% from 2018 to 2025.The proposed Mass Flow Controllers Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.
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Mass Flow Controllers 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.
On the basis of flow rate, the manufacturers of mass flow controllers incorporate the devices with different types of flow rates mechanisms namely; low flow rates, medium flow rates and high flow rates. The flow rates ranges from: Low Flow Rate: 0 – 20 slpm, Medium Flow Rate: 20 – 100 slpm, and High Flow Rate: >100 slpm. The flow rates facilitates in increasing the measuring efficiency and gaining accuracy while measurement, depending upon the gas or liquid flowing through the system.
Sensor -Based Market Insights
On the basis of sensor, the mass flow controller manufacturers integrate the devices with mainly two types of sensors; pressure sensor and thermal sensor. The thermal sensor-based mass flow controllers are highly accepted in the semiconductor industry pertaining to various benefits over pressure sensor-based mass flow controllers. However, the pricing advantages of pressure sensor-based mass flow controllers is gaining interest in semiconductor manufacturing applications and gas chromatography applications. Nonetheless, the adoption of thermal sensors-based mass flow controllers is expected to dominate over the years.
Strategic Insights
Product development is the commonly adopted strategy by companies to expand their product portfolio. 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 are the key players implementing strategies to enlarge the customer base and gain significant share in the global Mass Flow Controller market, which in turn permits them to maintain their brand name. A few of the recent key developments are:
In 2018,
• Axetris Plus+ has extended the range of mass flow controllers and meters. The range of Axetris Plus+ is presented with Argon, Nitrogen calibrations for flow control up to 20 slpm or 20,000 sccm.
• In 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.
The Mass Flow Controllers Market sample report includes an exclusive analysis of COVID-19 pandemic on the market space under scrutiny. The sample represents the format of the overall study which is designed to provide clarity on the structure of the report and some data points demonstrated in an attempt to provide insights into the study quality.
Furthermore, the Mass Flow Controllers Market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the whole market, the study can be tailor-made to fit your exact requirements.
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