The mass flow controller market size exceeded USD 1 billion in 2020 and is expected to grow at an annual average of 5% or more from 2021 to 2027. Global industrial shipments are expected to reach around 2.5 million units by 2027.
As the trend toward the adoption of renewable sources such as solar and wind energy for power generation increases, the growth opportunities for the Mass Flow Controller market will increase. These devices are used in solar photovoltaic cell manufacturing to efficiently control the supply of gas and liquid chemical compounds. Several countries around the world are increasing funding activities to increase the use of renewable energy.
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Company Profiles
• Brooks Instruments
• Horiba Stec Co. Ltd.
• MKS Instrument
• Hitachi Metals Inc.
• Bronkhorst
• Parker Hannifin Corporation
• Axertis AG
• Aalborg Instruments & Controls, Inc.
• Alicat Scientific, Inc.
• Christian Burkert GmbH & Co. KG
A full report of Mass Flow Controller Market available at: https://www.orionmarketreports.com/mass-flow-controller-market/10834/
Mass Flow Controller Market – Segmentation
By Material Type:
• Stainless Steel
• Exotic Alloys
• Others (Bronze and Brass)
By Media Type:
• Gas
• Liquid
• Others (Vapor)
By Flow Rate:
• Low Flow Rate
• Medium Flow Rate
• High Flow Rate
By Connectivity Technology:
• Analog
• PROFIBUS
• RS-485
• ProfiNet
• Foundation Fieldbus
• EtherCAT
• EtherNet IP
• Modbus RTU
• Modbus TCP/IP
• DeviceNet
By End-Use Industry:
• Chemicals
• Oil & Gas
• Pharmaceuticals
• Semiconductors
• Food & Beverages
• Water & Wastewater Treatment
• Metals & Mining
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)