LAMEA Mass Flow Controller Market

LAMEA Mass Flow Controller Market Size, Share & Trends Analysis Report By Material (Exotic Alloys, Stainless Steel, and Others), By Flow, By Media Type (Gas, Liquid, and Others), By Industry, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-20875 Publication Date: March-2024 Number of Pages: 188
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Mass Flow Controller Market would witness market growth of 10.2% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 169.4 thousand units, showcasing a growth of 11.8% (2023-2030).

End-users, ranging from semiconductor giants to nascent biotech startups, rely on mass flow controllers as veritable lifelines underpinning their operations. Whether ensuring the precise delivery of gases in semiconductor manufacturing processes or facilitating the controlled atmosphere required for pharmaceutical production, these end-users lean on mass flow controllers as indispensable tools for achieving unparalleled accuracy, consistency, and efficiency.

Distributors and suppliers form the crucial conduits through which the fruits of innovation reach the hands of end-users. These entities bridge the gap between manufacturers and end-users, providing invaluable support, calibration services, and technical assistance at every step.

Kuwait's rising oil and gas industry is expected to positively impact the mass flow controller market, driving demand for precision flow measurement and control solutions across the various segments of the oil and gas value chain. According to the International Trade Administration (ITA), the Kuwait Petroleum Corporation (KPC) announced its intention to increase oil production capacity to 4.75 million barrels per day (mmb/d) by 2040. Therefore, the expanding oil and gas industry in the region is propelling the market's growth.

The Brazil market dominated the LAMEA Mass Flow Controller Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $55.7 million by 2030. The Argentina market is showcasing a CAGR of 10.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.8% during (2023 - 2030).

Free Valuable Insights: The Worldwide Mass Flow Controller Market is Projected to reach USD 3 Billion by 2030, at a CAGR of 8.3%

Based on Material, the market is segmented into Exotic Alloys, Stainless Steel, and Others. Based on Flow, the market is segmented into Low Flow Rate, Medium Flow Rate, and High Flow Rate. Based on Media Type, the market is segmented into Gas, Liquid, and Others. Based on Industry, the market is segmented into Semiconductors, Chemical, Oil & Gas, Food & Beverages, Pharmaceuticals, Metals & Mining, Water & Wastewater, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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List of Key Companies Profiled

  • Parker Hannifin Corporation
  • Sensirion AG
  • Halma PLC
  • MKS Instruments, Inc.
  • Azbil Corporation
  • Bronkhorst High-Tech B.V.
  • Brooks Instrument LLC (Illinois Tool Works Inc.)
  • Sierra Instruments, Inc. (TASI Group)
  • Tokyo Keiso Co., Ltd.
  • Horiba Ltd.

LAMEA Mass Flow Controller Market Report Segmentation

By Material (Volume, Thousand Units, USD Billion, 2019-2030)

  • Exotic Alloys
  • Stainless Steel
  • Others

By Flow (Volume, Thousand Units, USD Billion, 2019-2030)

  • Low Flow Rate
  • Medium Flow Rate
  • High Flow Rate

By Media Type (Volume, Thousand Units, USD Billion, 2019-2030)

  • Gas
  • Liquid
  • Others

By Industry (Volume, Thousand Units, USD Billion, 2019-2030)

  • Semiconductors
  • Chemical
  • Oil & Gas
  • Food & Beverages
  • Pharmaceuticals
  • Metals & Mining
  • Water & Wastewater
  • Others

By Country l (Volume, Thousand Units, USD Billion, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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