Mass Flow Controllers Global Strategic Business Report 2024 - Mass Flow Controllers Gain Traction in Water & Wastewater Treatment Programs

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Apr 01, 2024, 20:15 ET

DUBLIN, April 1, 2024 /PRNewswire/ -- The "Mass Flow Controllers - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Mass Flow Controllers estimated at US$843.9 Million in the year 2023, is projected to reach a revised size of US$1.2 Billion by 2030, growing at a CAGR of 5% over the analysis period 2023-2030.

Coriolis Mass Flow Meters, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$687.7 Million by the end of the analysis period. Growth in the Differential Pressure Flow Meter segment is estimated at 5.4% CAGR for the next 8-year period.

The Mass Flow Controllers market in the U.S. is estimated at US$120.8 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$308.9 Million by the year 2030 trailing a CAGR of 5.8% over the analysis period 2023 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 4.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.

Key Market Trends & Drivers

Operational & Technical Benefits to Support Future Growth in the Mass flow controllers Market
Industry Approvals Vital to Future Expansion of the Market
Fast Evolving Role of Industry 4.0 & Smart Factory to Steer Future Expansion
Sustained Emphasis on Industrial Automation Augurs Well for Market Expansion
Critical Importance of Accurate Flow Measurements in Chemicals Industry Bodes Well in Long Term
Robust Opportunities Identified in Pharmaceuticals Sector
Favorable Long-Term Forecasts for Oil & Gas Sector Instill Market Optimism
Food & Beverage Industry Remains a Key End-Use Sector
Mass Flow Controllers Gain Traction in Water & Wastewater Treatment Programs
Innovations & Advancements Accelerate Growth in Mass flow controllers Market
Advances in Flowmeter Technology Spur Development of Mass Flow Controllers with New Generation Capabilities
New Diagnostic Tools Enable Real-Time Verification of Coriolis Flowmeters and Increase Efficiency in Asset Maintenance
Emergence of Large Line Size Coriolis Flowmeters for Bulk Fluid Transfer Applications
Two-Wire Devices Better Coriolis Flow Meter Functionality
Innovations from Select Companies

The report features profiles of 70+ featured companies. A selection of companies in the report includes:

Hitachi Ltd.
Parker Hannifin Corporation
Omega Engineering, Inc.
Horiba Ltd.
Hitachi Metals, Ltd.
MKS Instruments, Inc.
Christian Burkert GmbH & Co. KG
Kobold Messring GmbH
Axetris AG
Bronkhorst High-Tech B.V.
Brooks Instrument
Aircom Pneumatik GmbH
Oval Corporation
Malema Engineering Corporation
Flexible Industriemesstechnik (FLEXIM)

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
An Introduction to Mass Flow Controllers
Long-Term Prospects for Mass Flow Controllers Remain Progressive
While Developing Regions Remain Major Consumers, Developed Regions Continue to Offer Growth Opportunities
World Mass Flow Controllers Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
Global Mass Flow Controllers Market - Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Canada, Europe, and Japan
Analysis by Product: Coriolis Mass Flow Meter - Major Product Type
Differential Pressure Flow Meters: Fastest Growing Product Category
Thermal Mass Flow Meters Remain Critical to Industrial Applications
Material Type: Stainless Steel, The Primary Material for Mass Flow Controller
Exotic Alloys Seek Role in Fabrication of Mass Flow Controller
Mass Flow Controllers - Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
Competitive Scenario
Product Development and Launch Remains Key Strategy for Companies
Recent Market Activity
Brands in Select Regions

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Global Investments on Industry 4.0 Technologies (in US$ Billion) for the Years 2017, 2020, & 2023
Despite Sharp Decline in Demand Due to COVID-19 Crisis, Semiconductors to Remain Major End-Use Sector Over the Analysis Period
Critical Importance of Accurate Flow Measurements in Chemicals Industry Bodes Well in Long Term
Key Applications for Mass Flow Controllers in Chemical Plants
A Review of Key Applications for Mass flow controllers in Oil & Gas Sector
Key Applications in Food & Beverage Industry
Mass Flow Controllers Gain Traction in Water & Wastewater Treatment Programs
Innovations & Advancements Accelerate Growth in Mass flow controllers Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

United States
Canada
Japan
China
Europe
France
Germany
Italy
United Kingdom
Spain
Russia
Rest of Europe
Asia-Pacific
Australia
India
South Korea
Rest of Asia-Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East
Iran
Israel
Saudi Arabia
United Arab Emirates
Rest of Middle East
Africa

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/9x38nc

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