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

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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