Key Takeaways from Global Mass Flow Controller Market Offered in New Research Forecasted through 2026

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Albany, USA, 2018-Jun-11 — /EPR Network/ —An insightful study, titled “Mass Flow Controller Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2026” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). This 256 page research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.

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The global mass flow controller market is foretold to receive significant growth prospects birthing on the back of the escalating demand in the semiconductor industry riding on advancements in technology and innovation. Massive investments in the water and wastewater treatment industry and swelling usage of mass flow controller in the regular and continuous level measurement for wastewater lift stations and coagulant feed tanks could further increase the demand in the market. The snowballing demand for continuous emission monitoring system (CEM) is anticipated to positively influence market growth.

The global 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 after progressing from a US$0.6 bn bagged in 2017.

The world mass flow controller market could be segmented as per five categories, viz. region, application, flow rate, material, and product. On the basis of a segmentation by product, the market could see a classification into three segments, i.e. coriolis mass flow meter, thermal mass flow meter, and differential pressure flow meter. Amongst these, since coriolis mass flow meter is a multivariable device by design, it could secure a major share in the coming years. Its growth could be attributed to its capability of indirectly measuring the temperature of containment tube and also liquid density and directly measuring the mass of the flowing gases, liquids, and fluids. By flow rate, the market could be segregated into high flow rate, medium flow rate, and low flow rate.

With regard to application, the world mass flow controller market is expected to be divided into nuclear power facility, pulp and paper processing, water and wastewater treatment, semiconductor, metals and mining, pharmaceuticals, oil and gas, and chemicals. Out of these applications, chemicals could exhibit a higher market growth in the near future. By type of material, there could be important segments such as exotic alloy and differential pressure flow meter stainless steel taking shape in the market. The properties of exotic alloy dealing with high corrosion capacity, high pressure, and critical temperature in different media could augment the growth of the segment in the near future.

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.

The global Mass Flow Controller market has been segmented into:

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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
  • Exotic Alloys
  • Others

Mass Flow Controller Market, by Flow Rate

  • Low Flow Rate
  • Medium Flow Rate
  • High Flow Rate

Mass Flow Controller Market, by Application

  • Chemicals
  • Oil & Gas
  • Pharmaceutical
  • Metals & Mining
  • Semiconductor
  • Water & Wastewater Treatment
  • Pulp and Paper Processing
  • Nuclear Power Facility
  • Others

The market is broadly segmented on the basis of geography into:

  • North America
    • The U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • K.
    • France
    • Rest of Europe
  • Asia Pacific Excluding Japan
    • China
    • India
    • Australia
    • Rest of Asia Pacific excluding Japan
  • Japan
  • Middle East and Africa
    • GCC
    • South Africa
    • Rest of Middle East and Africa
  • South America
    • Brazil
    • Rest of South America

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