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 MarketIndustry Approvals Vital to Future Expansion of the MarketFast Evolving Role of Industry 4.0 & Smart Factory to Steer Future ExpansionSustained Emphasis on Industrial Automation Augurs Well for Market ExpansionCritical Importance of Accurate Flow Measurements in Chemicals Industry Bodes Well in Long TermRobust Opportunities Identified in Pharmaceuticals SectorFavorable Long-Term Forecasts for Oil & Gas Sector Instill Market OptimismFood & Beverage Industry Remains a Key End-Use SectorMass Flow Controllers Gain Traction in Water & Wastewater Treatment ProgramsInnovations & Advancements Accelerate Growth in Mass flow controllers MarketAdvances in Flowmeter Technology Spur Development of Mass Flow Controllers with New Generation CapabilitiesNew Diagnostic Tools Enable Real-Time Verification of Coriolis Flowmeters and Increase Efficiency in Asset MaintenanceEmergence of Large Line Size Coriolis Flowmeters for Bulk Fluid Transfer ApplicationsTwo-Wire Devices Better Coriolis Flow Meter FunctionalityInnovations from Select Companies

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

Hitachi Ltd.Parker Hannifin CorporationOmega Engineering, Inc.Horiba Ltd.Hitachi Metals, Ltd.MKS Instruments, Inc.Christian Burkert GmbH & Co. KGKobold Messring GmbHAxetris AGBronkhorst High-Tech B.V.Brooks InstrumentAircom Pneumatik GmbHOval CorporationMalema Engineering CorporationFlexible Industriemesstechnik (FLEXIM)

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market InsightsWorld Market TrajectoriesAn Introduction to Mass Flow ControllersLong-Term Prospects for Mass Flow Controllers Remain ProgressiveWhile Developing Regions Remain Major Consumers, Developed Regions Continue to Offer Growth OpportunitiesWorld Mass Flow Controllers Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing RegionsGlobal 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 JapanAnalysis by Product: Coriolis Mass Flow Meter – Major Product TypeDifferential Pressure Flow Meters: Fastest Growing Product CategoryThermal Mass Flow Meters Remain Critical to Industrial ApplicationsMaterial Type: Stainless Steel, The Primary Material for Mass Flow ControllerExotic Alloys Seek Role in Fabrication of Mass Flow ControllerMass 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 ScenarioProduct Development and Launch Remains Key Strategy for CompaniesRecent Market ActivityBrands 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, & 2023Despite Sharp Decline in Demand Due to COVID-19 Crisis, Semiconductors to Remain Major End-Use Sector Over the Analysis PeriodCritical Importance of Accurate Flow Measurements in Chemicals Industry Bodes Well in Long TermKey Applications for Mass Flow Controllers in Chemical PlantsA Review of Key Applications for Mass flow controllers in Oil & Gas SectorKey Applications in Food & Beverage IndustryMass Flow Controllers Gain Traction in Water & Wastewater Treatment ProgramsInnovations & Advancements Accelerate Growth in Mass flow controllers Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

United StatesCanadaJapanChinaEuropeFranceGermanyItalyUnited KingdomSpainRussiaRest of EuropeAsia-PacificAustraliaIndiaSouth KoreaRest of Asia-PacificLatin AmericaArgentinaBrazilMexicoRest of Latin AmericaMiddle EastIranIsraelSaudi ArabiaUnited Arab EmiratesRest of Middle EastAfrica

IV. COMPETITION

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

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