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Surging Semiconductor Industry Demand Propels Growth In The Mass Flow Controller Market: A Leading Driver Behind Mass Flow Controller Market Expansion in 2025
Mass Flow Controller
What Will the Mass Flow Controller Industry Market Size Be by 2025?
In recent times, there has been a steady increase in the market size of the mass flow controller industry. This market is projected to expand from $1.51 billion in 2024 to $1.59 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 4.8%. The significant growth during the previous periods can be tied to various factors such as the expansion of the semiconductor industry, advances in medical and pharmaceutical fields, need for environmental monitoring, the fluctuation in energy sector, development in chemical processing industry, and the growth of electronics manufacturing.
What's the Long-Term Growth Forecast for the Mass Flow Controller Market Size Through 2029?
The market size of the mass flow controller is predicted to witness substantial expansion in the upcoming years. It is estimated to escalate to $1.98 billion by 2029, with a compound annual growth rate (CAGR) of 5.7%. Factors propelling growth during the forecast period include the adoption of clean energy measures, prioritization of environmental sustainability, advancements in pharmaceutical research and production, precision farming, demands in the automotive sector, and the development of smart cities and infrastructure. The forecast period will also see significant trends such as the digital transformation and incorporation of Industry 4.0, the emergence of micro and miniaturized MFCs, the invention of advanced sensor technologies, the rise of customization and modular designs, and the assimilation with PLCs and SCADA systems.
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What Are the Key Growth Drivers Fueling the Mass Flow Controller Market Expansion?
The growth of the mass flow controller market is poised to surge due to rising demand in the semiconductor industry. Semiconductors, which are pure elements exhibiting conductivity between non-conductors/insulators and conductors, significantly utilize mass flow controllers. These devices are responsible for managing flow rate by assessing the mass flow rate of fluids and gases, particularly in the process of semiconductor chip production. Referencing data from The Semiconductor Industry Association, a trade association and lobbying group in the US representing the national semiconductor industry, global semiconductor sales reached $49.0 billion in July 2022, marking a 7.3% increase from the July 2021 figure of $45.7 billion. Furthermore, in 2021, the global semiconductor industry reported a record-breaking sale of 1.15 trillion semiconductor chips. Consequently, the upswing in demand within the semiconductor industry fuels the expansion of the mass flow controller market.
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What Are the Key Trends Driving Mass Flow Controller Market Growth?
The mass flow controller market is seeing a surge in popularity due to the prominent trend of technological innovation. Firms leading the market are prioritizing the development of new technologies to maintain their market dominance. Take for example, Bronkhorst, a Netherlands based company that specializes in manufacturing and developing low-flow mass flow meters or controllers. In April 2022, the company unveiled a new product line called the FLEXI-FLOW Compact. This novel mass flow controller not only gauges and regulates gas flow and temperature, but also measures and controls upstream and downstream pressures in the process. Its design offers flexibility, conserves space and assists in weight reduction.
How Is the Mass Flow Controller Market Segmented?
The mass flow controller market covered in this report is segmented -
1) By Material: Stainless Steel, Exotic Alloys, Other Materials
2) By Media: Gas, Liquid, Other Media Types
3) By Flow Rate: Low Flow Rate, Medium Flow Rate, High Flow Rate
4) By Application: Catalyst Research, Gas Chromatography, Spray And Coating Processes, Fluid And Gas Processing And Control, Fuel cell, Solar Cell, Heat Treating
5) By End-User: Chemicals, Metals And Mining, Oil And Gas, Pharmaceuticals, Semiconductor, Other End-Users
Subsegments:
1) By Stainless Steel: 304 Stainless Steel, 316 Stainless Steel
2) By Exotic Alloys: Inconel, Hastelloy, Titanium
3) By Other Materials: Plastic Composites, Aluminum, Glass
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Which Companies Are Leading the Charge in Mass Flow Controller Market Innovation?
Major companies operating in the mass flow controller market include Bronkhorst High-Tech BV, Aalborg Instruments & Controls Inc., Alicat Scientific Inc., Azbil Corporation, Brooks Instrument LLC, Burkert Fluid Control Systems, Dwyer Instruments Inc., FCTechnik AG, Hitachi Metals Ltd., Horiba Ltd., Parker Hannifin Corporation, Sensirion AG, Teledyne Hastings Instruments, Tokyo Keiso Co. Ltd., Vögtlin Instruments GmbH, MKS Instruments Inc., Sierra Instruments Inc., JK Products & Services Inc., Emerson Electric Co., Flowserve Corporation, Baker Hughes Company, Metso Corporation, CIRCOR International Inc., IMI plc, Siemens AG, Honeywell International Inc.
Which Regions Are Leading the Global Mass Flow Controller Market in Revenue?
Europe was the largest region in the mass flow controller market in 2024. The regions covered in the mass flow controller market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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