Report : Mass Flow Controllers Market to 2025 - Global Analysis and Forecasts by Flow Rate (Low, Medium and High); Sensors (Pressure Sensor and Thermal Sensor); Application (Gas Chromatography and Semiconductors); and Process (CVD, PVD, Plasma Etching Processes, Backside Water Cooling, FPD, and Others)
Significant Rise in Adoption of Mass Flow Controllers in Semiconductor Manufacturing is leading the Market for Mass Flow Controllers to soar over the Forecast Period.
According to a new market research study titled ‘Mass Flow Controllers Market to 2025 – Global Analysis and Forecasts by Flow Rates, Sensors, Applications, and Process”, the global mass flow controllers market was valued at US$ 891.9 Mn in 2017 and is estimated to reach US$ 1,588.0 Mn by 2025. The report highlights the trends prevalent in the global mass flow controllers market and the factors driving the market along with those that act as deterrents to its growth.
The mass flow controllers’ manufacturers are encountering huge demand in the current times, as the semiconductor manufacturing is rising exponentially in Asia Pacific and North America regions. Electronics and semiconductor manufacturers in Europe are also increasing their production, which is again pressurizing the MFC manufacturers to increase their production. The market for semiconductor manufacturing equipment is increasing year on year in terms of volume and revenue, which is furnishing tangible opportunities for mass flow controllers. This factor is likely to impact positively on the growth of mass flow controllers in the coming years. Apart from semiconductor manufacturing, the mass flow controllers are also witnessing substantial demands from the gas chromatography equipment manufacturers, as flow controllers play a vital role in chromatography applications. The future of market for mass flow controllers is promising as the manufacturers are increasingly concentrating on the customer requirements.
The mass flow controller market is witnessing various technological changes that depends upon the client or customer requirements. The manufacturers are constantly focusing on the designing and developing advanced technology products, which meets the customer demand. The market participants are experiencing a huge demand for ease of use technology in mass flow controllers, which will enable the system to be unaffected or able to auto correct the gas flowing through the system. In addition, the ease of use technology will assist in auto correction or changing pressure and temperature of the gas or liquid flowing. The manufacturers are also concentrating on development of mass flow controllers that will be unaffected by day-to-day usage, i.e. resistant to humidity, pressure loss, and insensitivity. Moreover, the manufacturers are also aiming at increasing the measurement ranges as demanded by the customers. These factors on technological advancements is foreseen to drive the market for mass flow controllers to a huge extent in the coming years.
Geographically, the mass flow controller market has been analyzed based on four strategic regions namely; North America, Europe, Asia Pacific, Rest of World. The most prominent region in the current scenario stands for Asia Pacific as the region consists of huge number of well-established as well as emerging semiconductor manufacturers. These industry participants invests substantial amounts in order to meet the client’s requirement with advanced technologies. Companies in Asia Pacific such as Samsung, Sony, Toshiba, UMC, and TSMC among others are constantly increasing their semiconductor manufacturing, which in turn leading mass flow controllers to innovate new and upgrade the existing controllers. The new products and upgraded products are attracting the semiconductor manufacturers significantly, which is impacting positively on the growth of the market. Pertaining to these factors, the region is also estimated to be the fastest growing geography in global mass flow controllers market. On the other hand, North America is the closest competitor to Asia Pacific, owing to increasing number of electronic chips manufacturing companies in the US
The research study on mass flow controller market also covers different companies worldwide operating in the market for mass flow controllers. The industry participants profiled in the research study includes Brooks Instruments, Horiba Stec Co. Ltd., MKS Instruments Inc., Hitachi Metals, Ltd., Bronkhorst, Parker Hannifin Corporation, Axertis AG, Aalborg Instruments & Control Inc., Alicat Scientific Inc., Christian Burkert GmbH Co. & KG among others.
The report segments the global mass flow controllers market as follows:
Global Mass Flow Controllers Market – By Flow Rates
Low Flow Rates
Medium Flow Rates
High Flow Rates
Global Mass Flow Controllers Market – By Sensors
Global Mass Flow Controllers Market – By Applications
Global Mass Flow Controller Market – By Geography
Asia Pacific (APAC)
Rest of World (RoW)