USD 0.95 billion
Mass Flow Controller Market Size, Share, Growth Analysis, By Material Type(Stainless Steel, Exotic Alloys, Others), By Flow Rate(Low, Medium, High), By Media Type(Gas Mass Flow Controllers, Liquid Mass Flow Controllers, Others), By End-User Industry(Semiconductor, Oil & Gas, Chemical, Pharmaceutical), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45J2048 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|Tables:
116
|Figures:
76
Mass Flow Controller Market Insights
Global Mass Flow Controller Market size was valued at USD 1.5 billion in 2022 and is poised to grow from USD 1.72 billion in 2023 to USD 4.92 billion by 2031, growing at a CAGR of 14.03% during the forecast period (2024-2031).
The mass flow controller market growth is driven primarily by the increasing need for automation and globalization of businesses. Another factor contributing to the growth of more expansion of the market is growing investments in technical improvements. Mainly industrial automation in most industries keeps driving the market for mass flow controllers, which keeps growing constantly. Companies need greater process efficiency, accuracy, and dependability to let fully automated systems play an increasingly significant role. Mass flow controllers improve accuracy and reproducibility in any automation by exactly controlling gas flows. Adding mass flow controllers to automation operations optimizes production line efficiency in those industries where accuracy is most important, such as biotechnology, pharmaceutical manufacturing, and semiconductor manufacturing. It lowers the probability of human error and maximizes process repeatability. This trend is anticipated to continue as companies increasingly adapt Industry 4.0 concepts and smart manufacturing; it will facilitate the growth of the mass flow controller industry. Globalization has been progressing steadily. More cross-border standardization and harmonization were a result of the globalization process. Maintaining consistent and reliable production procedures is one of the challenges that companies face as they expand their international operations. Mass flow controllers provide uniformity in plants globally by guaranteeing a uniform means of regulating gas flow.
US Mass Flow Controller Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Low Flow Rate
Fastest Growth
Low Flow Rate
Growth Rate
5% CAGR
Global Mass Flow Controller Market 2021-2028 ($ Bn)
Country Share for Asia-Pacific Region- 2021 (%)
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Mass Flow Controller Market Segmental Analysis
Global Mass Flow Controller Market is segmented by Material Type, Flow Rate, Media Type, End-User Industry, and Region. Based on Material Type, the market is segmented into Stainless Steel, Exotic Alloys, Others. Based on Flow Rate, the market is segmented into Low, Medium, High. Based on Media Type, the market is segmented into Gas Mass Flow Controllers, Liquid Mass Flow Controllers, Others. Based on End-User Industry, the market is segmented into Semiconductor, Oil & Gas, Chemical, Pharmaceutical, Metal & Mining, Water & Wastewater, Food & Beverage. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Type
As per the mass flow controller market forecast, in 2023, the market was dominated by the thermal mass flow controller (MFC) segment, with a share of 37.7%. Thermal MFCs are indispensable for companies with high-precision requirements because of their ability to provide precise and reliable measurements of gas flow. The fabrication of semiconductors, research institutes, and industries such as chemical processing, biotechnology, and pharmaceuticals are major consumers of the segment. One of the major advantages of thermal MFCs is that they are versatile enough to be applied in many applications because they accommodate wide ranges of gases and flow rates. And because of their reliable performance, their capability of monitoring low flow rates in challenging situations, they have long remained widely used and continue to ensure market leadership.
However, the Coriolis mass flow controller segment is expected to capture the highest CAGR over the forecast period. As they measure the mass directly, which is a crucial necessity in many applications, Coriolis MFCs are fast becoming very fashionable. This provides an extreme advantage in industries such as the oil and gas industry, where precise measurement of mass is considered to be highly critical. Coriolis MFCs have exceptional accuracy for the application of fuel metering, mixing, and custody transfer. The category is recording rapid growth due to the increasing demand for precise flow control in such and other businesses. Technological advancement will lead to higher adoption of Coriolis MFCs, thereby increasing the mass flow controller market share.
Analysis By Flow Rate
Based on the mass flow controller market analysis, the low flow segment was the market leader and accounted for the largest revenue share in 2023. This is due to increased usage of spectroscopy and gas chromatography. GC and spectroscopy are highly essential analytical methods in the fields of science such as chemistry, biology, environmental science, and materials science. These methods are used to identify chemicals, characterize chemical characteristics, and analyze molecules in complicated mixtures qualitatively and quantitatively. Low flow MFCs provide precise gas flow control, calibration and standardization, sample introduction and dilution, and compatibility with analytical equipment support a wide range of analytical methods.
Contrarily, during the projection period, the high flow category is expected to register significant growth in CAGR. This MFC regulates the flow of gases pumped into the blast furnace to create an ideal condition for burning and temperature control, especially where oxygen, natural gas, and pulverized coal are supplied. These include carbon monoxide (CO), carbon dioxide (CO2), nitrogen (N2), and hydrogen (H2), which are injected into the steel melt to alloy, decarburize, and desulfurize. It is used to regulate protective atmospheres such as nitrogen, hydrogen, and argon to stop oxidation, while regulating the cooling speed of steel products in annealing and heat treatment.
Global Mass Flow Controller Market By Flow Rate, 2021 (%)
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Mass Flow Controller Market Regional Insights
As a result of this, with the high-tech sectors such as semiconductor manufacturing, biotechnology, aerospace, and research laboratories, North America accounted for 21.8% in 2023. Mass flow controllers help manage gas flow accurately in these industries so as to keep their processes precise, reliable, and efficient. The demand for mass flow controllers is expected to increase in North America due to the integration of technological advancements such as automation, artificial intelligence, and precision manufacturing into products. This rise in demand for advanced MFC solutions based on the increasing application complexity in semiconductor manufacturing and the biotech research that requires high quality and performance preservation is supporting the dominance of the region's market.
Contrarily, Asia-Pacific is expected to gain the fastest CAGR over the forecast period for a few very significant reasons. The drugs, medical devices, and health care products requirement in an Asia Pacific country's population is increasing along with its enlargement. In medical applications, where proper gas flow control is critically important for the safety and efficiency of patient treatment in anesthetic administration systems, respiratory therapy equipment, and laboratory analysis, MFCs are essential. Rapid industrialization, technological breakthroughs, and investment in the healthcare infrastructure, particularly in the region, have further spurred the ever-growing demand for MFCs. This trend is expected to sweep Asia Pacific with strong market expansion.
Global Mass Flow Controller Market By Geography, 2021 - 2028
- Largest
- Fastest
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Mass Flow Controller Market Dynamics
Mass Flow Controller Market Drivers
More Demand for High Precision in Industrial Applications
- The growth in mass flow controller industry is mainly due to the need for high precision in industries such as biotechnology, pharmaceuticals, and semiconductors. MFCs prove to be indispensable for refining production yields by maintaining standards of quality to satisfy demands according to the necessary regulatory requirements concerning the control of gas flow across various sectors.
Growing Healthcare Sector
- The main driving force for the market is an upgradation in the healthcare industry, especially in developing countries. The rising demand for respiratory treatment equipment, medical devices, and anesthetic administration systems leads the way to ensure accurate and safe gas flow in medical applications by using MFCs. Due to this trend and the aged population, healthcare facilities are adopting MFCs across the globe.
Mass Flow Controller Market Restraints
High Upfront Cost
- For smaller organizations or industries with very tight and conservative budgeting, the installation and maintenance cost of mass flow controllers, particularly complex ones such as Coriolis and thermal MFC, is too hefty. Prevented from loss, some corporations will refrain from using MFC technology due to the high cost of investment and periodic maintenance expenses, which might not easily be allowed into a cost-effective industry.
Problem in Maintenance and Calibration
- To achieve optimum performance, MFCs have to be established and maintained at regular intervals that may be cumbersome and time-consuming. In some cases, the servicing and related costs may increase as a result of downtime for operations due to expert personnel and replacement parts. This complexity may act as a disincentive in adopting such in several areas of industry where minimal maintenance is an essential criterion for ease of use.
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Mass Flow Controller Market Competitive Landscape
Intense rivalry might be reflected because multiple firms are leading the mass flow controller market through high R&D spending, patents, acquisition and merger activities, and brand value. The industry would surely be very competitive as competitors try to capture a greater market share of mass flow controllers by contract signing and product development.
Mass Flow Controller Market Top Players' Company Profiles
- Brooks Instrument
- Bronkhorst
- Christian Bürkert GmbH & Co. KG
- MKS Instruments
- TASI Group
- Sensirion AG
- Horiba, Ltd.
- Teledyne Technologies
- Halma plc
- Parker Hannifin Corp
- Tokyo Keiso Co., Ltd.
- Azbil Corporation
- FCTechnik AG
- Kofloc
- Aalborg Instruments & Controls, Inc.
- Axetris AG
- Dwyer Instruments
- FCON Co., Ltd.
- Kelly Pneumatics, Inc.
- IMI plc
- Ohkura Electric Co., Ltd.
- Golden Mountain Enterprise Co., Ltd.
Mass Flow Controller Market Recent Developments
- In January 2024, Tokyo Keiso Co., Ltd. launched two new flowmeters with options for single-use biopharmaceutical applications such as the BIOMAG Electromagnetic Flowmeter and the BIOSONIC Ultrasonic Flowmeter. These flowmeters will have a disposable biocompatible gamma-ray sterilizable flow sensor and a single-barb fitting that will also be manufactured in compliance with specifications for the manufacture of biopharmaceuticals and compatible with single-use systems.
- In October 2023, to further increase its market share in the Malaysian region, Brooks Instrument marked the opening of a new production facility in Penang, Malaysia. The new plant will manufacture mass flow controllers, or MFCs. Brooks' new 57,000 square-foot plant is its fourth globally. To date, the Malaysian plant has been involved in manufacturing the company's GF100 MFC line of MFCs. The largest cleanroom in Brooks' Class 100 facility is located in the factory.
- In June 2023, Brooks Instrument offered its most updated generation of elastomer-sealed thermal MFCs known as the SLAMf series. These MFCs have enhanced Class I/Division 2 & Zone 2 certifications and are particularly designed for hazardous locations. SLAMf MFCs feature best-in-class control and reliability with high-speed EtherNet/IP and PROFINET communication protocols. In addition, they have qualified through the extreme safety testing and received UL, ATEX, KOSHA, IECEx, and CE marks.
Mass Flow Controller Key Market Trends
- Integration of Automation Systems with Internet of Things: One of the new mass flow controller market trends in the industry is integrating MFCs with automation systems and Internet of Things (IoT) technologies. This helps increase system efficiency and reduces costs involved in operating this system as the system can be made possible for real-time monitoring, remote diagnostics, and predictive maintenance. Internet of Things-enabled MFCs is rapidly becoming part of the emerging automation ecosystem with companies making the much-needed transition toward smart manufacturing.
- Miniaturization and Higher Precision: The mass flow controller market is slowly and steadily moving towards a more precise and compact system. Those manufacturers are making smaller MFCs more sensitive, consuming less power, to meet the expectations of the pharmaceutical and semiconductor sectors, which require more accurate and compact solutions. Such progress increases the demand for highly sophisticated MFCs, which can work in more complex and smaller environments.
Mass Flow Controller Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the mass flow controller market outlook is changing day by day with rising necessity for accuracy in many fields, including health care, biotechnology, and pharmaceutical and semiconductor manufacturing. Therefore, the proper usage of accurate gas flow management system increases as industries continue embracing automation and new technologies. Increasing demand for MFC use in respiratory equipment and other medical devices due to the growing health care industry, especially in developing regions, continues to drive this further. They are predicted to be encumbered by a variety of expensive initial investment costs and the hassle to set and maintain. Amid all these hassles, opportunities of market potential are major based on the trend of integration with IoT, miniaturization, and enhanced accuracy. The market will grow and evolve further because it will have its application where accuracy is required.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 1.5 billion |
| Market size value in 2031 | USD 4.92 billion |
| Growth Rate | 14.03% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Mass Flow Controller Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Mass Flow Controller Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Mass Flow Controller Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Mass Flow Controller Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Mass Flow Controller Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Mass Flow Controller Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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