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(Wireless-NewsWire.Com, August 19, 2018 ) In the research study, we have formulated the market for mass flow controllers on basis of flow rates, sensors, applications, processes and geography. The different types of flow rates in mass flow controllers are low flow rate, medium flow rate and high flow rate. The two types of sensor based mass flow controllers are thermal sensors and pressure sensors. On basis of applications, the mass flow controllers market is bifurcated as semiconductor and gas chromatography. The different types of process includes chemical vapor deposition, physical vapor deposition, plasma etching, backside water cooling and flat panel display. Geographically, the study is focused on four strategic regions namely; North America, Europe, Asia Pacific (APAC), and Rest of World (RoW).
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The mass flow controller market is estimated expand at a healthy growth rate of 7.6% over the forecast period, to reach US$ 1,588.0 Mn by 2025. The mass flow controllers market consists of well-established players and tier 2 as well as tier 3 companies across the globe, which invests huge amounts in research and development to provide the customers with high end technology and meet the demand of the customers. Several companies in the market are looking forward to expand its business location or distribution channel for better business growth. Formulation of these approaches gives companies to compete in the market, as the market is highly competitive, as presence of large number of players. Most of the companies are focusing on strategic planning to expand its footprints and to cope with the demand generated by their clients.
The mass flow controllers market is well matured in Asia Pacific region, especially in countries such as Taiwan, South Korea, China, and Japan among others. This is attributed to the presence of market leading semiconductor manufacturers such as Samsung (Korea), Taiwan Semiconductor Manufacturing Company Limited (TSMC) (Taiwan), Toshiba (Japan), MediaTek (Taiwan), Sony (Japan) and UMC (Taiwan) among others. Apart from the listed countries, China market showcases significant developments in the field of semiconductors year on year. In addition, the companies operating as semiconductor manufacturers in these countries are continuously expanding their production units and facilities, in order to increase the semiconductor production, which is posing a huge opportunity for mass flow controller market to surge. On the other hand, North America region is also experiencing a huge growth in demand for mass flow controllers. North America has a matured semiconductor production market and is counted to be one of the prime regions to contribute advanced semiconductor products worldwide. The US and Canada are considered to be key regions to manufacture robust technologies in the field of semiconductor components and equipment in North America region in 2017 pertaining to rapid increase in semiconductor production, the demand for controlling of gas or liquid flow is also growing in the region, leading the mass flow controller manufacturers to increase their sales, thereby propelling the market for mass flow controllers in the region.
The top 10 players operating in the market for mass flow controllers includes Brooks Instruments, Horiba Stec Co. Ltd., MKS Instruments, Hitachi Metals Inc., Bronkhorst, Parker Hannifin Corporation, Axertis AG, Aalborg instruments & Controls, Inc., Alicat Scientific, Inc., Christian Burkert GmbH & Co. KG. Apart fdrom these industry leaders, various other companies are researching on different technologies to improve the performances of mass flow controllers, and provide the clients with most advanced gas or liquid flow controllers.
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The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
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