The global mass flow controllers market was valued at $847 million in 2023 and is predicted to reach $1.55 billion by 2033. Fact.MR predicts that global demand for mass flow controllers will expand at a 6% CAGR over the next ten years. This can be mainly attributed to the increasing demand for usage in water & wastewater treatment plants and the semiconductors sector.
Mass flow controllers are used to regulate the flow of fluids and gases. A mass flow controller is designed and calibrated to control a specific type of gas or fluid at a specific range of flow rates. When accurate flow rate control is required, mass flow controllers are an essential tool in a variety of applications. These devices are commonly used in machinery, research facilities, and industrial settings.
The market for mass flow controllers is primarily driven by the growing emphasis on microtechnology in sectors such as research and engineering, as well as the growing demand for low flow rate mass controllers for accurate measurements. Because of its high level of precision and stability, mass flow controllers are becoming increasingly popular in the food and beverage, oil and gas, chemical, and pharmaceutical industries.
Key Takeaways from Market Study:
- The global mass flow controllers market is valued at US$ 847 million in 2023.
- Demand for mass flow controllers in China is predicted to expand at a CAGR of 7% during the forecast period.
- Sales of differential pressure flow meters are expected to rise at a CAGR of 6.5%.
- The market for mass flow controllers in Germany is predicted to expand at a CAGR of 5.5% from 2023 to 2033.
“Technological advancements and increasing use in space applications & renewable energy projects are boosting the market for mass flow controllers market,” says a Fact.MR analyst.
Which Area is Driving Interest for Mass Flow Controllers in the US?
Rapidly Developing Oil & Gas Industry
Natural gas odorization and oil added substance dose both require mass stream estimation instruments. A gadget used to gauge and direct the progression of gases is a gas mass stream regulator. The interest for energy, which incorporates coal, atomic power, flammable gas, raw petroleum, and sustainable power sources, is rising rapidly.
Rather than volumetric stream meters, Coriolis stream meters straightforwardly measure mass stream. This makes them ideal for use by the oil and gas industry, where the warming worth instead of the volume of the oil based commodities is of significant interest.
Natural gas, which is handled at a handling plant for sanitization and afterward melted, is known as condensed petroleum gas (LNG).
For the beyond five years, the US has seen a consistent expansion in its month to month LNG sends out, which in 2021 was a sum of around 3.5 tcf. The looming LNG plant advancements in the country are supposed to bring values up in the next few years.
Recent Market Developments
- Sensirion AG added two mass flow controllers to its SFC5500 series in June 2022, broadening its product line. These mass flow controllers can be used in industrial, medicinal, and analytical settings.
- The FLEXI-FLOW series, introduced by Bronkhorst in April 2022, combines quick and steady chip sensors with dependable and precise bypass technology. These multifunction mass flow controllers can measure flow and temperature in addition to other parameters.
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