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Mass Flow Controller Market Analysis

  • Report ID: GMI4125
  • Published Date: Nov 2022
  • Report Format: PDF

Mass Flow Controller Market Analysis

In terms of material, the exotic alloys segment is anticipated to observe over 7% growth rate till 2032, owing to a range of benefits offered by exotic alloy mass flow controllers. MFCs made of exotic alloys have superior oxidation resistance and can withstand extreme pressure. The increased integration of these materials-based MFCs across several end-use verticals, including healthcare, food & beverages, and wastewater treatment industries for continuous processing applications.

 

Mass Flow Controller Market Size, By Flow Rate

The low flow rate mass flow controller market segment is expected to record sales of more than 1.5 million units by 2032. Low flow rate MFCs offer precise control over gas and liquid flow rates, boosting their adoption across several industries, such as F&B, semiconductor, and chemical. Besides, the capability of these devices to provide high-accuracy, repeatable density, and mass flow measurements even under changing or unknown percentage composition of liquid will positively influence the industry landscape.
 

Based on type, the thermal mass flow meter segment amassed over 50% of the mass flow controller market share in 2022 and is poised to depict an appreciable valuation by 2032. The increasing utilization of thermal mass flow meters in several gas flow applications will support segment expansion over the next ten years. These devices are easy to maintain and offer on-site installation along with exceptional resistance to density, pressure, and dynamic temperature.
 

With respect to connectivity technology, the profinet segment is speculated to reach around USD 200 million by 2032. Profinets utilize distributed IO mechanisms, which allow users to save a considerable amount on installation and wiring, making it a significantly affordable technological alternative to its counterparts. The increased cognizance of profinets as a suited technology to meet intricate automation requirements in hybrid, process, motion control, and discrete applications will create favorable growth prospects for the MFC industry.

The mass flow controller market share from the food & beverages application stood at over 10% in 2022. The consistently rising income levels and changing buyer behavior has resulted in an escalating demand for processed and packaged food items. MFCs are widely integrated to streamline operations and improve the exactness of quality control and measurement in food manufacturing processes.
 

The Europe mass flow controller market size is slated to depict more than 6% gains up to 2032. The expanding drug pipeline and the increasing drug and vaccine development projects across the European region, owing to the presence of key pharmaceutical manufacturing firms such as AstraZeneca, Pfizer, Inc., and Novo Nordisk, will fuel the regional growth trends. Besides, the proliferating manufacturing sector and a robust industrial outlook across the region will stimulate the industry revenue streams.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of mass flow controller surpassed USD 1 billion in 2022 and is anticipated to observe 5% CAGR from 2023 to 2032 owing to mounting demand for effective wastewater management across industrial and municipal establishments.

The exotic alloys segment is predicted to witness over 7% CAGR from 2023 to 2032, due to the increasing penetration of exotic alloy MFCs across the F&B, healthcare, and wastewater treatment industries.

The Profinet segment size is poised to exceed a valuation of USD 200 million by 2032 due the ability of ProfiNet technology to fulfill complicated automation requirements at affordable prices.

The Europe mass flow controller industry is speculated to exhibit over 6% CAGR between 2023 and 2032 due to the flourishing pharmaceutical industry and increasing drug development projects in the region.

Mass Flow Controller Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 25
  • Tables & Figures: 713
  • Countries covered: 17
  • Pages: 300
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