seobhushan (24)

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Mass Flow Controller Market is projected to reach
CAGR 5.5 by 2027
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Key Insights from Mass Flow Controller Market

• The global mass flow controller market is
  currently transforming at an unprecedented pace.
  Thanks to the increasing efforts put forth by
  various industry participants towards product
  developments. One of these developments comprise
  the augmentation of Burkerts Type 8742/46 range
  of mass flow controllers/meters for gas
  applications in October 2020. Equipped with
  analogue communications onboard, the product
  range comprises an alternative with the direct
  integration of PROFIBUS-DP.
• The mass flow controller market from Coriolis
  mass flow meters recorded a revenue of more than
  10 of the overall market valuation in 2020. The
  segment is slated to grow at a lucrative CAGR of
  3.5 between 2021 and 2027.
• In a nutshell, multiple high-end mechanical
  properties of mass flow controllers comprising
  high resistance to corrosion, oxidation, and
  deformation under extreme temperatures and
  pressure will bolster the mass flow controller
  market size through the assessment period.

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Regional Insights in Mass Flow Controller Market

• The presence of key pharmaceutical manufacturers
  in Europe is as well touted to be among the major
  factors propelling the growth of the mass flow
  controller market size across the region.
• As per a report from the EFPI Association,
  pharmaceutical companies from Europe made RD
  investments amounting to approximately USD 45,363
  million in the year 2019, recording a
  year-on-year growth of 3. While the mass flow
  controller market in Europe is projected to
  register a CAGR of 5 over 2021 and 2027, the
  upsurge can be attributed to the rising focus of
  manufacturers comprising Novo Nordisk, Pfizer,
  Inc., AstraZeneca, and others on high-volume
  manufacturing of vaccines and drugs for the
  treatment of numerous diseases.

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Major Companies in Mass Flow Controller Market

• Brooks Instrument, LLC
• Dakota Instruments, Inc.
• Horiba, Ltd.
• Azbil Corporation
• MKS Instruments
• OMEGA Engineering, Inc.

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Industry Coverage

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