Global Mass Flow Controller Market Report 2022: Demand from Fast-Growing Pharmaceutical Industry Driving Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Mass Flow Controller Market, By Type, By Material Type, By Media, By Flow Rate & By Region- Forecast and Analysis 2022-2028" report has been added to ResearchAndMarkets.com's offering.

The Global Mass Flow Controller Market was valued at USD 1.25 Billion in 2021, and it is expected to reach a value of USD 1.54 Billion by 2028, at a CAGR of 3.10% over the forecast period (2022 - 2028).

The Global Mass Flow Controller Market is booming due to rising demand in the semiconductor industry. Furthermore, rising demand for mass flow controllers in renewable energy applications is driving the Mass Flow Controller Market forward.

Technological advancements fueled an increase in demand for intelligent smart flow meters, propelling the Mass Flow Controller Market forward. Mass flow controllers are essential in the quality control of a wide range of medical devices, and several key industry players have jumped at the opportunity to use them to combat the deadly coronavirus pandemic.

Segments covered in this report

The Global Mass Flow Controller Market is segmented based on Type, Material Type, Media, Flow rate, Application, and Region. Based on Type it is categorized into Direct, Indirect. Based on Material Type it is categorized into Stainless Steel, Exotic Alloy, and Others. Based on Media it is categorized into Gas, Liquid, and Others. Based on Flow rate it is categorized into Low Flow Rate, Medium Flow Rate, and High Flow Rate. Based on the region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Driver

Over the forecast period, the pharmaceutical industry is expected to grow at a substantial rate. Low flow rate mass flow controllers are critical in the pharmaceutical industry for measuring and controlling various media (gas and liquid). The use of mass flow controllers in pharmaceuticals, medical, and healthcare products to improve safety and accuracy will drive the mass flow controller market forward.

Restraint

Magnetic flow meters and Coriolis may have high initial costs, limiting market revenue. This, combined with a scarcity of skilled technicians, has the potential to stymie overall Mass Flow Controller Market growth.

Market Trends

The use of appropriate materials to manufacture this device is a key trend observed in the Mass Flow Controller Market. In the pharma sector, for example, there is a growing trend in the Mass Flow Controller Market to use stainless steel mass flow control products. Stainless steel is an appealing raw material for use in MFC in the pharmaceutical industry due to properties such as resistance to high temperatures and pressure.

Key Topics Covered:

Executive Summary

KEY MARKET INSIGHTS

COVID IMPACT

MARKET DYNAMICS & OUTLOOK

KEY COMPANY PROFILES

Companies Mentioned

• Bronkhorst High-Tech (Netherlands)
• Brooks Instrument (US)
• Burkert Fluid Control Systems (Germany)
• MKS Instruments (US)
• Sierra Instruments (US)
• Horiba (Japan)
• Sensirion (Switzerland)
• Alicat Scientific (US)
• Teledyne Hastings (US)

For more information about this report visit https://www.researchandmarkets.com/r/tilmxk

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