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| Mass Flow Controller Market Projected to Reach USD 5.71 Billion by 2032, According to Emergen Research |
Rising demand for automation in emerging economies and the water & wastewater management industries, coupled with the increasing adoption of Mass Flow Controllers (MFCs) in fuel cells for renewable energy applications, stands out as pivotal factors propelling the revenue growth of the Mass Flow Controller (MFC) market.
As of January 29, 2024, the global Mass Flow Controller market witnessed a substantial size of USD 1.53 Billion in 2022, with a projected rapid revenue Compound Annual Growth Rate (CAGR) of 14.1% anticipated during the forecast period. The surge in demand for automation in emerging economies, particularly in industries like chemicals and water & wastewater management, has contributed significantly to this impressive market growth. Additionally, the widespread adoption of MFCs in fuel cells for renewable energy applications is playing a crucial role in driving the overall market revenue upwards.
The Mass Flow Controller, a pivotal instrument in industrial processes, is designed to measure and regulate the flow of gas into a process chamber. This calibrated device is tailored to control a specific type of gas within a particular range of flow rates. Typically, the Mass Flow Controller can be programmed with a setpoint spanning from 0 to 100% of its full-scale range, operating most accurately within the 10% to 90% range. Whether in analog or digital form, this device effectively manages the rate of gas flow to the designated setpoint.
In the semiconductor industry, Mass Flow Controllers find extensive application across various processes such as wafer cleaning, layer deposition, physical vapor deposition, vacuum sputtering, and plasma coating. Brooks Instrument, a renowned industry player specializing in advanced solutions for flow, pressure, vacuum, and vapor delivery, showcased its cutting-edge Pressure-based MPC (P-MFC), the GP200 Series, at SEMICON Europa in October 2021. Recognized globally, Brooks Instrument remains at the forefront, particularly in the semiconductor sector.
The increasing prevalence of Mass Flow Controllers signifies a critical aspect of industrial processes, ensuring precision and efficiency in gas flow management. With emerging economies embracing automation and industries recognizing the value of MFCs in sustainable energy practices, the Mass Flow Controller market is poised for continued growth.