According to the new market research report “Mass Flow Controller Market by Material, Connectivity, Technology, Flow Measurement (Low, Medium, High), Application, Industry (Chemicals, Oil & Gas, Food & Beverages, Pharmaceuticals, Semiconductor), and Geography – Global Forecast to 2023″, published by MarketsandMarkets™ , the market is expected to grow from USD 1,019.4 Million in 2017 to USD 1,395.1 Million by 2023, at a CAGR of 5.4% between 2017 and 2023. The factors driving the growth of this market are the growing demand for mass flow controllers in the semiconductor industry for various applications, high demand for mass flow controllers in fuel cells for renewable energy applications, and increasing demand for ultra-low flow rate mass flow controllers for numerous industrial and medical applications.
Browse 67 Market Data Tables and 48 Figures spread through 156 Pages and in-depth TOC on “Mass Flow Controller Market – Global Forecast to 2023”
Early buyers will receive 10% customization on this report
“The mass flow controller market for the pharmaceuticals industry is expected to grow at the highest CAGR during the forecast period“
The mass flow controller market for the pharmaceuticals industry is expected to grow at the highest CAGR between 2017 and 2023. A number of applications in the medical and pharmaceuticals industries require efficient and reliable measurement of gas or liquid flow. A mass flow controller is used to measure and control gas or liquid. Continuously increasing population growth has a positive impact on the medical and pharmaceuticals industries. The aging population contributes to the sustainable growth of the market for medical devices. Emerging economies such as China and India, owing to their huge population, are rapidly driving the growth of the medical equipment and pharmaceuticals industries. Hence, in the coming years, continuously growing medical and pharmaceutical equipment market is expected to offer lucrative opportunities to mass flow controller providers.
“The mass flow controller market for the low flow measurement is expected to grow at the highest CAGR during the forecast period“
The mass flow controller market for the low flow measurement is expected to grow at the highest CAGR between 2017 and 2023 owing to the increasing demand for low flow rate mass flow controllers for various critical applications in industries such as medical and pharmaceuticals, which drives the need for low flow rate mass flow controllers.
Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=7748578
“The mass flow controller market for exotic alloys is expected to grow at the highest CAGR between 2017 and 2023“
The market for exotic alloys is expected to witness the highest CAGR in the overall mass flow controller market between 2017 and 2023. The market for mass flow controllers made of exotic alloys is highly influenced by industries such as semiconductor, chemicals, and pharmaceuticals because of its properties to deal with high pressure, critical temperature, and high corrosion capacity in different media.
“Asia Pacific expected to lead the mass flow controller market between 2017 and 2023“
Asia Pacific (APAC) is expected to hold the largest share of the mass flow controller market during the forecast period. The mass flow controller market in emerging economies, such as China, India, and Japan, is expected to grow at the highest CAGR because of the increasing technological advances in medical and healthcare devices due to the increasing population of these countries.
Inquiry Before Buy @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=7748578
The major players operating in the mass flow controller market are Bronkhorst (Netherlands), Brooks (US), Burkert (Germany), Teledyne Hastings (US), HORIBA (Japan), Sensirion (Switzerland), Alicat Scientific (UK), Sierra (US), and MKS (US).
Browse Related Reports
Intelligent Flow Meter Market by Type (Magnetic, Coriolis, Ultrasonic, Vortex, Multiphase, Thermal, Turbine, Variable Area, & Differential Pressure), Communication Protocol (PROFIBUS & HART), Application, and Geography – Global Trend & Forecast to 2022
Magnetic Flowmeter Market by Type (In-Line, Insertion, Low Flow), Component (Flow Tube, Sensing Electrodes), Application (Water & Wastewater, Food & Beverages, Chemicals, Pulp & Paper), and Geography – Global Trends & Forecasts from 2014 to 2020
Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’ flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
Visit our Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
To post and circulate your own press release on FIR and the eTN Network please click here