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Mass Flow Controller Market Share

Report ID: GMI4125
Published Date: Aug 2024
Report Format: PDF

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Mass Flow Controller Market Share

Hitachi Metals, Ltd. and Horiba, Ltd. holds a significant share of over 25% in the market. The market is characterized by strong competition among leading players who offer a diverse range of advanced flow control solutions. Hitachi Metals, Ltd., known for its innovative materials and technologies, provides high-quality MFCs that cater to various industrial applications, including semiconductor manufacturing and chemical processing. The company leverages its extensive R&D capabilities to stay at the forefront of technology and meet evolving market demands.

Horiba, Ltd. and Azbil Corporation are key players in the market, offering a wide array of MFC products renowned for their accuracy and reliability. Horiba’s extensive experience in analytical and measurement instruments positions it well in the MFC sector, while Azbil’s focus on automation and control systems enhances its competitive edge. Both companies emphasize technological advancements and customer-specific solutions to maintain their leadership in the market.

Mass Flow Controller Market Companies

Major players operating in the mass flow controller industry are:

Hitachi Metals, Ltd.
Horiba, Ltd.
Azbil Corporation
Burkert Fluid Control Systems
MKS Instruments
Parker Hannifin
Sensirion AG

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Mass flow controller market size was USD 1.21 billion in 2023 and is expected to register over 5.9% CAGR from 2024-2032 owing to the governments in developing countries increasingly investing in semiconductor manufacturing to boost their technological capabilities worldwide.

Mass flow controller industry from the stainless steel segment held over 74% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to its widespread use and established reliability across various industries.

Asia Pacific mass flow controller industry held over 57% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the region being a global hub for semiconductor manufacturing, which is a major consumer of MFCs.

Hitachi Metals, Ltd., Horiba, Ltd., Azbil Corporation, Burkert Fluid Control Systems, MKS Instruments, Parker Hannifin, and Sensirion AG, are some of the major mass flow controller companies worldwide.