Mass Flow Controller Market Grow with Significant CAGR by 2025 | Hitachi Metals, Bronkhorst, Parker Hannifin Corporation, Axertis AG
Mass flow controller market on a global scenario was valued at US$ 891.9 Mn in 2017 and is expected to grow at a CAGR of 7.6% during the forecast period 2018 – 2025, to account to US$ 1,588.0 by 2025.
The market for mass flow controllers is experiencing a steady growth rate over the periods, as the various industries are integrating these gas or liquid flow controllers in order to maintain an optimum flow during the operation. The mass flow controller market consists of established companies as well as new entrants, who invests substantial amounts and time to design and develop technologically enhanced, and advanced sensors making the mechanism suitable for various applications process in order to satisfy the client requirement. The growth of mass flow controller market in the current scenario is attributed to increased semiconductor manufacturing in countries such as the US, Taiwan, South Korea, China and Japan for various consumer as well as industrial electronics products. The mass flow controllers are the easiest scope to control gas and liquids flow during semiconductor manufacturing, as the flow controller manufacturers offer the end user with the opportunity to control the flow rate with three different modes namely; low flow rate, medium flow rate and high flow rate.
The key companies functioning in the market include Brooks Instruments, Horiba Stec Co. Ltd., MKS Instrument, Hitachi Metals, Bronkhorst, Parker Hannifin Corporation, Axertis AG.
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The mass flow controller market is concentrated with well-established companies as well as emerging players as the demand for mass flow controllers is increasing rapidly. The companies operating in the field are investing significant amounts in research and development to innovate and introduce robust technologies in order to ease the semiconductor manufacturer’s process and gain customer satisfaction. For instance, in 2017, Christian Bürkert GmbH & Co. KG, launched its newly innovated mass flow controller for gases. This device has an integrated industrial Ethernet control switch which enables the system to support popular industrial Ethernet protocols. In addition, this mass flow controller is skilled for integration into any existing systems. On the other hand, Sensirion AG, introduced sensor solution for control and measurement of gases and liquids, which ensures faster control rates for gas and liquid mass flow. The gas flow controller has a settling time of 50 milliseconds while liquid flow controllers have less than 30 milliseconds. These sensor systems are highly accurate and faster than the conventional systems.
Few of the recent strategies by some of the players in mass flow controller market landscape are listed below:
2017: Horiba Semiconductor exhibited control solutions at SEMICON Japan. The company presented Chemical Solution Concentration Monitor CS-700 to monitor up to 8 constituents mechanically with high accuracy rate and Thermal Type PI Mass Flow Controller SEC-Z700S with high flow rate accuracy.
2017: Bronkhorst honored with flow control innovation awards for innovations showed up in EL-FLOW Prestige mass flow controller & meter.
2017: Parker Hannifin Corporation’s Fluid Connectors India Division is expected to manufacture 12 industrial hose series in Nagpur (India) with an intention to advance customer support in Asia Pacific region.
Global Mass Flow Controller Market – By Flow Rate
- Low Flow Rate
- Medium Flow Rate
- High Flow Rate
Global Mass Flow Controller Market – By Sensors
- Pressure Sensors
- Thermal Sensors
Global Mass Flow Controller Market – By Application
- Gas Chromatography
- Semiconductors
Global Mass Flow Controller Market – By Process
- CVD
- PVD
- Plasma Etching Process
- Back Side Water Cooling
- FPD
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