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Mass Flow Controller Market Size
- Report ID: GMI4125
- Published Date: Nov 2022
- Report Format: PDF
Mass Flow Controller Market Size
Mass Flow Controller Market size surpassed USD 1 billion in 2022 and is expected to witness more than 5% CAGR from 2023 to 2032. The burgeoning demand for water & wastewater treatment across municipal and industrial facilities may increase the penetration of mass flow controllers over the coming years.
The constant growth in world population and the expanding agricultural and industrial sectors have significantly pushed the requirement for fresh water. Driven by these concerns, several national and global authorities have been implementing necessary measures to improve the existing waste management infrastructure to accomplish their anticipated treated water targets. Based on estimations by the Ministry of Environment & Forest, Government of India, the country generated approximately 72,368 MLD (million liters per day) of total sewage as of September 2021 and has a sewage treatment capacity of around 31,841 MLD.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Mass Flow Controller Market Size in 2022: | USD 1 billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5 % |
| 2032 Value Projection: | USD 3 billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 300 |
| Tables, Charts & Figures: | 713 |
| Segments covered: | Material Type, Flow Rate, Product Type, Connectivity Technology, Industry Vertical |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The installation and maintenance of mass flow controllers involve high upfront costs as they require an immensely sophisticated assembly of valves, fittings, connectivity, and platforms, which may act as a restraining factor. However, the accelerating transition toward renewable energy, such as wind and solar energy for power generation, will drive growth opportunities for the mass flow controller marke
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Mass Flow Controller Market Scope
