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Mass Flow Controller Market Industry Analysis, Share, Revenue Opportunity, Competitive Analysis and Forecast 2022-2030

Quadintel published a new report on the Mass Flow Controller Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.

The global mass flow controller market size was US$ 1.2 billion in 2021. The global mass flow controller market is forecast to grow to US$ 1.59 billion by 2030 by growing at a compound annual growth rate (CAGR) of 3.3% during the forecast period from 2022 to 2030.

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Factors Influencing the market

A mass flow controller is used in pharmaceuticals, chemicals, semiconductors, wastewater treatment, and oil and gas industries in order to calculate and control the flow of liquids and gases. The wide applications of the device will drive the growth of the global mass flow controller market.

The growing awareness about the benefits of mass flow controllers will propel the market forward. In addition, the growing demand for mass flow controllers in the renewable energy segment will fuel the growth of the overall market.

The global mass flow controller market will witness significant growth due to growing advancements, partnerships, and acquisitions. Furthermore, the growing emphasis of industry players on micro-technology and space applications will benefit the global mass flow controller market.

The high initial cost of mass flow controllers may act as a restraint in the market growth

COVID-19 Impact Analysis

The global mass flow controller market witnessed significant challenges, owing to the shortage of raw materials, bans on exports, and production delays. Furthermore, the market witnessed ample growth in the pharmaceuticals, medical devices, and food & beverage industries as these industries continued to grow even during the pandemic.

Regional Analysis

Europe is forecast to dominate the global mass flow controller market, followed by Asia-Pacific and North America. The growth of the market is attributed to the strict environmental laws and rising adoption of advanced technologies in the region. Furthermore, the Asia-Pacific mass flow controller market is forecast to register significant growth due to the growing pharmaceutical, chemical, and electronic industries.

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Competitors in the Market

Bronkhorst High-Tech BV
Brooks Instrument
Burkert Fluid Control Systems
MKS Instruments Incorporated
Sierra Instruments Incorporated
Horiba Limited
Sensirion AG
Alicat Scientific
Teledyne Hastings Instruments
Parker Hannifin Corporation
Vogtlin Instruments GmbH
Azbil Corporation
Aalborg Instruments
Axetris AG
Dwyer Instruments Incorporated
Other Prominent Players
Market Segmentation

The global mass flow conductor market segmentation focuses on Type, Material, Media, Flow Rate, Connectivity, End-Use, Product, Application, and Region.

Based on Type

Direct
Indirect

Based on the Material Type

Stainless Steel
Exotic Alloys
Others (Bronze and Brass)

Based on Media Type

Gas
Liquid
Others

Based on Flow Rate

Low Flow Rate
Medium Flow Rate
High Flow Rate

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Based on Connectivity Technology

Analog
PROFIBUS
RS-485
ProfiNet
Foundation Fieldbus
EtherCAT
EtherNet IP
Modbus RTU
Modbus TCP/IP
DeviceNet

Based on End-Use Industry

Chemicals
Oil & Gas
Pharmaceuticals
Semiconductors
Food & Beverages
Water & Wastewater Treatment
Metals & Mining

Based on Product Type

Coriolis Mass Flow Meter
Differential Pressure Flow Meter
Thermal Mass Flow Meter

Based on Application

Catalyst Research
Gas Chromatography
Spray & Coating Processes
Fluid & Gas Processing and Control
Fuel Cell
Solar Cell
Heat Treating

Based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

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Final Report will add the analysis of the impact of COVID-19 on this industry.”

In the highly import dependent Mass Flow Controller Market , a large number of indigenous manufacturers of syringes and needles have managed to come up. However, it does not mean that imports are low for this market. Imports, as in the case with other medical devices, are quite high but the domestic manufacturers have been able to tap foreign markets through increasing exports. The target base of consumers is growing steadily which is expected to significantly boost sales in the market.

The report provides a snapshot of the Mass Flow Controller Market . It begins with the introduction section which mentions the features and uses of syringes and needles along with a brief description of the various phases in their development. The market overview section provides an insight into the market and highlights the market size. Import and export figures for syringes and needles, both in terms of volume and value have been provided in the next section. It also includes the regional break-up of the imports and exports.

An analysis of the drivers explains the factors leading to the growth of the market which include increasing need of insulin doses, increasing demand for vaccines, improving health infrastructure, growing incidence of diseases, changing demographics and health check-up packages. Some of the major challenges to the market are illegal recycling of syringes and needles and problems associated with usage. Government legislation in the market has been discussed in the next section.

The competition section highlights the features of the major players operating in the market. A brief profile of the major domestic and foreign players in the market along with their financials has been included in this section. A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability

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