Global Mass Flow Controller Market Report and Forecast 2024-2032

Global Mass Flow Controller Market Outlook

The global mass flow controller market size reached approximately USD 1.39 billion in 2023. The market is estimated to grow at a CAGR of 5.2% in the forecast period of 2024-2032, reaching a value of around USD 2.19 billion by 2032.

Key Trends in the Market

A mass flow controller is a closed-loop device that controls and measures the flow of liquids and gases. The device is designed and adjusted to control specific types of liquids and gases in the oil and gas, semiconductor, and metal and mining sectors, among others.

• Growing implementation of mass flow controllers in the semiconductor industry for the measurement of gases and liquids that are utilised in the manufacturing of semiconductor chips is one of the notable mass flow controller market trends.

• Mass flow controllers are readily deployed in fuel cells to provide higher accuracy in controlling the density, flow, and pressure of humidified hydrogen and air.

• With the increased integration of the Industrial Internet of things (IIoT) and Industry 4.0 technology into MFC devices, the mass flow controller market growth is witnessing an upward surge. MFC devices can be connected to a centralised control system that offers remote configuration, real-time monitoring, gas flow optimisation, and predictive maintenance to the operators.

• Several market players are focused on research and development and strategic collaborations and partnerships to develop novel MFC devices and gain a competitive advantage over other players.

Market Analysis

Based on type, the market is divided into differential pressure flow meter, thermal mass flow meter, and coriolis mass flow meter. On the basis of flow rate, the market is classified into high flow rate, medium flow rate, and low flow rate. Based on material, the market is bifurcated into exotic alloys and stainless steel, among others.

The mass flow controller market segmentation, on the basis of media type, includes gas, liquid, and vapour. Based on end use, the market is categorised into oil and gas, pharmaceuticals, semiconductor, food and beverages, metals and mining, and water and wastewater treatment. The regional markets of mass flow controller are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the mass flow controller market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Hitachi, Ltd.  

• Brooks Instrument  

• MKS Instruments  

• HORIBA, Ltd.  

• Alicat Scientific, Inc.  

• Christian Bürkert GmbH & Co. KG  

• Bronkhorst High-Tech B.V.  

• Teledyne Technologies Incorporated  

• Sierra Instruments, Inc.  

• Sensirion AG  

• Others

Market Share by Flow Rate

As per the mass flow controller market analysis, low flow rate occupies a substantial share of the global market as it provides precise accuracy in controlling the flow of fluids and gases. Low flow rate MFCs can operate normally in the circumstances of unknown percentage composition of the liquid, which proliferates their demand in end-use sectors such as food and beverages, chemicals, and semiconductors. They also find widespread usage in the bioprocessing process in the pharmaceuticals sector to maintain a controlled environment.

Market Share by Region

The Asia Pacific accounts for a sizeable portion of the mass flow controller market share due to the increased investment in the semiconductor sector due to the rising demand for smart devices such as smartphones and laptops that require the integration of semiconductor chips. Additionally, the growing manufacturing activities of mass flow controllers in the region due to affordable labour and cheap raw materials offer lucrative growth opportunities to the market.

Competitive Landscape

Hitachi, Ltd. is a multinational electronics corporation, founded in 1910 and based in Tokyo, Japan. The company utilises its three growth drivers, digital, green, and innovation, for its products and services.

Brooks Instrument, incorporated in 1946, is a flow control and measurement equipment manufacturer, headquartered in Hatfield, the United States. It offers fluid measurement and advanced manufacturing control processes for a wide array of end-use sectors.

MKS Instruments, established in 1961 and based in Massachusetts, the United States, is a major provider of process control instruments. Its advanced products and solutions are aimed at providing feature enhancement, increased power and speed, and optimised productivity capabilities.

Other mass flow controller market players include HORIBA, Ltd., Alicat Scientific, Inc., Christian Bürkert GmbH & Co. KG, Bronkhorst High-Tech B.V., Teledyne Technologies Incorporated, Sierra Instruments, Inc., and Sensirion AG, among others.

Key Highlights of the Report