Worldwide Mass Flow Controller Market Share to Exceed USD 2.49 Billion By 2032: Report

Mass Flow Controller Market Size Worth $2.49 Billion By 2032 | CAGR: 6.40%


The global mass flow controller market size is expected to reach USD 2.49 billion by 2032, according to a new study by Polaris Market Research. The report “Mass Flow Controller Market Share, Size, Trends, Industry Analysis Report, By Flow Rate (High, Medium, Low); By Technology; By Media Type; By Material, By End-use; By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

A mass flow controller is a closed-loop apparatus employed for regulating and gauging the flow of both liquids and gases. This device is meticulously tailored and calibrated to oversee specific types of liquids and gases, finding application in industries such as oil and gas, semiconductor, and metal and mining.

One prominent trend in the mass flow controller market is the increasing adoption of these controllers in the semiconductor sector, where they are used to measure the flow of gases and liquids critical to semiconductor chip manufacturing.

Another noteworthy application of mass flow controllers is in fuel cells, where they enhance control over the density, flow, and pressure of humidified hydrogen and air.

The integration of Industrial Internet of Things (IIoT) and Industry 4.0 technologies into MFC devices is significantly driving market growth. These devices can be seamlessly connected to centralized control systems, providing remote configuration, real-time monitoring, gas flow optimization, and predictive maintenance capabilities to operators.

Many market players are concentrating on research and development initiatives as well as forming strategic collaborations and partnerships to develop innovative MFC devices, thereby gaining a competitive edge over their counterparts.

The global MFC market experienced diverse effects as a result of the COVID-19 pandemic. In the early stages of the global crisis, the industry faced significant challenges due to lockdown measures in various economies, leading to substantial disruptions in supply chain operations across multiple end-use sectors. These disruptions resulted in reduced product sales during the first half of 2020. However, there has been a recent and swift increase in research and development efforts, particularly in the development of new drugs, along with substantial investments in healthcare. These trends are expected to persist in the coming years.

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Additionally, a study published in the National Library of Medicine in June 2021 highlighted the significant impact of coronary artery disease (CAD) on global health. CAD alone is responsible for approximately 610,000 deaths annually, accounting for an estimated one in four deaths and making it the foremost cause of mortality in the United States. With the incidence of CAD rising, there is a growing demand for effective Mass Flow Controller devices to address this pressing medical need. Consequently, this factor is projected to drive the demand for Mass Flow Controllers throughout the forecast period.

Mass Flow Controller Market Report Highlights

  • In 2022, the liquid segment dominated the global MFC market in terms of revenue. This can be attributed to the many benefits offered by liquid MFCs, which function independently of fluid properties and are capable of handling a wide range of unknown fluids. Liquid MFCs are highly regarded for their exceptional dosing precision, which helps minimize the wastage of ingredients.
  • During the forecast period, the Low segment commanded the largest market share, and this can be attributed to the exceptional precision and stability provided by Mass Flow Controllers with low flow rates. In semiconductor manufacturing, precise control of the flow of deposition media at very low flow rates is essential, particularly during the doping process. Ongoing technological advancements in low flow control, including the development of Microelectromechanical Systems (MEMS) and other advanced technologies, facilitate more precise and accurate control of low flow rates.
  • The Analog segment claimed the largest market share during the forecast period in the Mass Flow Controller Market. The analog segment is expected to demonstrate a moderate revenue growth rate throughout the forecast period. Analog Mass Flow Controllers are employed to continuously manage and measure fluid or gas flow using analog signals. Analog connectivity remains widely utilized in Mass Flow Controllers, particularly in situations where real-time flow rate control is crucial and digital communication protocols are not mandatory.
  • In 2022, North America held the largest market share, and this can be attributed to the presence of leading players in various industries, including semiconductors, pharmaceuticals, and biotechnology, all of which are significant consumers of MFCs. Additionally, significant collaborations and acquisitions involving major market players play a pivotal role in driving revenue growth in this region.
  • The global key market players include Alicat Scientific, Horiba, MKS Instruments, PARKER HANNIFIN CORP, Proterial, Ltd, Sensirion AG, Sierra Instruments, Inc., Teledyne Hastings Instruments

Polaris Market Research has segmented the Mass Flow Controller market report based on flow rate, technology, media type, material, end-use, application and region:

Mass Flow Controller, Flow Rate Outlook (Revenue - USD Billion, 2019 - 2032)

  • High
  • Medium
  • Low

Mass Flow Controller, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

  • Ethernet
  • Modbus Transmission Control Protocol (TCP)/ Internet Protocol (IP)
  • Foundation Fieldbus
  • DeviceNet
  • Profibus
  • Analog
  • Modbus Remote Terminal Unit (RTU)
  • Others

Mass Flow Controller, Media Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Liquid
  • Gas
  • Others

Mass Flow Controller, Material Outlook (Revenue - USD Billion, 2019 - 2032)

  • Stainless Steel
  • Alloys
  • Others

Mass Flow Controller, End-use Outlook (Revenue - USD Billion, 2019 - 2032)

  • Semiconductors
  • Pharmaceuticals
  • Oil & Gas
  • Metal & Mining
  • Food & Beverages
  • Water & Wastewater Management
  • Chemicals
  • Others

Mass Flow Controller, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Gas Chromatography
  • Catalyst research
  • Solar Cell
  • Fluid & Gas Processing and Control
  • Heat Tracing
  • Others

Mass Flow Controller, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Mass Flow Controller Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 1.51 billion

Revenue forecast in 2032

USD 2.49 billion

CAGR

6.40% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments Covered

By Flow Rate, By Technology, By Media Type, By Material, By End-use, By Application, By region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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