The Mass Flow Controller Market is Predict to reach USD 3 Billion by 2030, at a CAGR of 8.3%

Mass Flow Controller Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Mass Flow Controller Market size is expected to reach $3 billion by 2030, rising at a market growth of 8.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 1980.6 thousand units, experiencing a growth of 8.1% (2019-2022).

The Exotic Alloys segment is registering a strong potential in the Global Mass Flow Controller Market by Material in 2022 thereby, achieving a market value of $2 billion by 2030. Exotic alloys are known for their exceptional resistance to corrosion, oxidation, and chemical attack, even in harsh and corrosive environments. This corrosion resistance is essential for MFCs operating with corrosive gases or in aggressive processes commonly encountered in semiconductor manufacturing, chemical processing, and biotechnology industries. Furthermore, many exotic alloys exhibit high-temperature stability and resistance to thermal degradation, making them suitable for MFC applications that involve elevated temperatures.

The high Flow Rate segment is anticipated to have a CAGR of 8.9% during (2023 - 2030). Industries such as semiconductor manufacturing, biotechnology, and chemical processing are experiencing growing demand for high-throughput production processes. High flow rate MFCs enable faster gas delivery and higher processing speeds, allowing manufacturers to achieve greater productivity and throughput without sacrificing quality or precision. Therefore, the expanding semiconductor industry and biotechnology sector is driving the segment's growth.

The Gas segment is leading the Global Mass Flow Controller Market by Media Type in 2022 thereby, achieving a market value of $1.8 billion by 2030. During deposition, etching, and doping processes, gas mass flow controllers are used in semiconductor fabrication processes to precisely deliver process gases such as nitrogen, argon, oxygen, and specialty gases. Furthermore, in bioprocessing and biomanufacturing, MFCs control gas flows in fermentation, cell culture, and bioreactor operations, ensuring optimal growth conditions for cell cultures and microbial processes.

The Chemical segment is experiencing a CAGR of 9.3% during (2023 - 2030). MFCs regulate the flow rates of reactant gases and liquids in chemical synthesis and reaction processes. They ensure precise dosing of reagents, catalysts, and solvents, facilitating controlled reactions and optimizing product yields in organic synthesis, polymerization, and specialty chemical manufacturing.

Full Report: https://www.kbvresearch.com/mass-flow-controller-market/

The Asia Pacific region dominated the Global Mass Flow Controller Market by Region in 2022 thereby, achieving a market value of $1.4 billion by 2030, growing at a CAGR of 8.4 % during the forecast period. The Europe region would witness a CAGR of 8% during (2023 - 2030). Additionally, The North America region is experiencing a CAGR of 7.8% during (2023 - 2030).

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.

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

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Mass Flow Controller Market Size, Share 2030

• March-2024
• 164 Pages

LAMEA Mass Flow Controller Market Size & Forecast | 2030

• March-2024
• 188 Pages

Europe Mass Flow Controller Market Size & Share | 2030

• March-2024
• 186 Pages

Asia Pacific Mass Flow Controller Market Size Report 2030

• March-2024
• 189 Pages