Mass Flow Controller Market is envisaged to grow at an 8.8% CAGR between 2017 and 2026. By the end of 2026, the market could collect a revenue of US$1.3 bn.
Albany, NY -- (SBWIRE) -- 02/01/2018 -- This report on mass flow controller provides details study for the period from 2015 to 2026, wherein 2016 is the base year and the years from 2017 to 2026 are the forecast period. Data for 2015 has been incorporated as historical information. The report covers all the prevailing trends and technologies that are playing a major role in the growth of the mass flow controller market during the forecast period from 2017 to 2026. It also highlights the various opportunities, drivers and restraints that is expected to influence the market's growth during the forecast period. The study provides a thorough perspective on market growth during the forecast period in terms of revenue estimates (in USD Mn) across different geographies, which include North America, Europe, Asia Pacific Excluding Japan (APEJ), Japan, Middle East & Africa (MEA), and South America (SA).
The mass flow controller refers to the closed loop that helps to control, set and measure the flow of a particular gas or liquid. Mass flow controller is one of the major requirements of different application owing to its high accuracy as it is expected to grow at high rate in next forecast period. Furthermore, it is designed in such a way so that it can control specific type of gas or liquid at a particular range of flow rates. Moreover, mass flow controller automatically controls the flow rate of a gas according to a set flow rate and sends an electric signal, without being affected by use conditions or changes in gas pressure which is fueling the enlargement during the forecast period.
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Growing usage of mass flow controller in various applications along with strong economic growth in growing economies are contributing to the prospective growth opportunities of the global mass flow controller market. Mass flow controller is anticipated to increase its usage through end-user applications like oil and gas, chemicals, water and wastewater treatment and this is expected to lead to the increase in the growth of mass flow controller market in the upcoming years. However, the major challenge that mass flow controller markets is likely to face is its mounting position. If the mass flow controller is tilted, inlet or outlet raised or lowered, the sensor windings will find themselves in different strata, and their relative resistances will be different. This is likely to obstruct the anticipated growth of mass flow controller market.
This research report provides in-depth analysis of the mass flow controller market on the basis of product type, material type, flow rate and application. Based on application, the mass flow controller market is generally classified into chemicals, oil & gas, pharmaceuticals, metals & mining, semiconductor, water & wastewater treatment, pulp & pulp processing, nuclear power, facility and others. Geographically, Mass flow controller market is classified into North America, Europe, Asia Pacific excluding Japan, Japan, Middle East and Africa and South America
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The market players in the global mass flow controller market have been competitively outlined across the five geographic regions. This competitive landscape is inclusive of the various business strategies accepted by these key players and their recent developments in the field of mass flow controller. Furthermore, the report contains details study of different applications and provides an understanding into various application areas of the mass flow controller. A detailed analysis of the various dynamics of the market of global mass flow controller market is provided in the report. Opportunities, restraints and market drivers are also covered in this report. Thus, the report of global mass flow controller offers a detailed report of the market and that includes the projection of the global mass flow controller market revenue-wise (USD Million) from the period of 2017 to 2026.
This report shows market attractiveness analysis for all the segments and for all the geographies in the scope of study which identifies and compares segments market attractiveness on the basis of CAGR and market share index.
The global Mass flow controller market is characterized by the presence of numerous major players in the market. The major players of the market compete their competition on the basis of factors such as price, performance, quality, support services and innovations of product. Major players in mass flow controller market are Horiba Ltd. (Japan), MKS Instruments (The U.S.), Parker Hannifin Corporation (The U.S.), Bronkhorst High-Tech B.V (Netherland), Brooks Instruments (The U.S.) among others.
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The global Mass Flow Controller market has been segmented into:
Mass Flow Controller Market, by Product Type
Differential Pressure Flow Meter
Thermal Mass Flow Meter
Coriolis Mass Flow Meter
Mass Flow Controller Market, by Material Type
Differential Pressure Flow Meter Stainless Steel
Mass Flow Controller Market, by Flow Rate
Low Flow Rate
Medium Flow Rate
High Flow Rate
Mass Flow Controller Market, by Application
Oil & Gas
Metals & Mining
Water & Wastewater Treatment
Pulp and Paper Processing
Nuclear Power Facility
The market is broadly segmented on the basis of geography into:
Rest of North America
Rest of Europe
Asia Pacific Excluding Japan
Rest of Asia Pacific excluding Japan
Middle East and Africa
Rest of Middle East and Africa
Rest of South America