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    Asia Pacific Mass Flow Controller Market Forecast 2027 By Connectivity Technology (Analog, Profibus, RS-485, ProfiNet, EtherCAT, Ethernet/IP, Modbus RTU, DeviceNet, Foundation Fieldbus), By Material Type (Stainless Steel, Exotic Alloys), By Flow Rate (Low Flow Rate, Medium Flow Rate, High Flow Rate), By Product Type (Differential Pressure Flow Meter, Thermal Mass Flow Meter, Coriolis Mass Flow Meter), By Industry Vertical (Oil & Gas, Pharmaceutical, Food & Beverages, Chemical, Healthcare & Life Science, Semiconductor, Water & Wastewater Treatment), COVID19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027
    Published Date: August 2021   |   Report ID: GR1913   |   Delivery: PDF  Request Free Sample

    Asia Pacific Mass Flow Controller Market size was over USD 750 million in 2020 and is anticipated to observe around 6% growth rate between 2021 and 2027. The market growth is credited to the rising need for flow measurement instruments in oil refineries and natural gas processing plants in Asia Pacific. Governments are adopting various initiatives to promote investments in the regional oil & gas sector.

    The rising population in countries including China and India is propelling the demand for energy supply in households and various industrial applications, accelerating the need for energy infrastructure development. Furthermore, companies engaged in the infrastructure development of the oil & gas supply value chain will drive the growth opportunities for Asia Pacific mass flow controller market. For instance, in April 2021, PipeChina, a Chinese oil & gas pipeline corporation, started laying a 413.5 km natural gas pipeline, connecting Tianjin and a new economic area - Xiongan.
     

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    Asia Pacific Market, By Connectivity Technology

    Analog connectivity technology segment in the Asia Pacific mass flow controller market will grow at a CAGR of 7% during the forecast period. The demand for analog flow controllers is owing to their rising adoption in research laboratories for various experiments, sampling gases, and others.

    The analog connectivity technology provides high accuracy in flow signal output, which is proportional to the adjusted flow rate, and offers reliable flow monitoring to comply with the process monitoring systems. These characteristics have prompted industries and firms to use analog communication technology to accelerate product development and manufacture mass flow controllers with low cost and high accuracy. For instance, in April 2021, Posifa Technologies launched the next-gen mass airflow sensor series, which are designed to perform in harsh environments with high humidity and corrosive gases. These sensors control the airflow and provide mass flow measurement in both analog & digital outputs for various laboratories and healthcare applications.

    Asia Pacific Market, By Country

    India accounts for the Asia Pacific mass flow controller market share of around 15% and is expected to witness 6% growth till 2027. Growth is attributed to the growing demand for mass flow controllers in the chemical sector for a variety of applications including mass spectroscopy systems, catalyst research, and chemical reactors.

    Increased government efforts to boost the manufacturing and processing sectors in emerging countries are expected to generate profitable growth possibilities for mass flow controller manufacturers in Asia Pacific. For instance, in May 2021, the Indian government stated that under the union budget it will invest around USD 32.2 million in the Department of Chemical and Petrochemicals and is estimating to invest USD 107.38 billion by 2025. The government is also launching a Production Linked Incentive (PLI) scheme in the chemical sector to promote the domestic manufacturing of agrochemicals.

    Competitive Industry Landscape

    Major mass flow controller market players in Asia Pacific are Teledyne Hastings Instruments, MKS Instruments, Ohkura Electric Co., Ltd, Brooks Instrument, and Sensirion AG, among others.

    These industry participants are continuously involved in accelerating their alliances and acquisitions strategies to cater high competitiveness among other players. For instance, in April and May 2019, TASI Group of Companies acquired two flow instrument manufacturers, Onicon Inc. and Sierra Instruments. With these acquisitions, the company aims to grow its flow business and product range in flow measurement instrumentation.
     


    Frequently Asked Question(FAQ) :

    How much is Asia Pacific mass flow controller industry worth?
    The market size for mass flow controller in Asia Pacific was around USD 750 million in 2020 and could witness a 6% CAGR up to 2027 with strong deployment across refineries and natural gas facilities.
    Why is analog connectivity used for mass flow controllers?
    The analog connectivity technology segment in Asia Pacific industry could grow at a 7% CAGR through 2027 led by the growing adoption in research laboratories to provide high accuracy and reliable flow monitoring.
    What is the share of India in Asia Pacific mass flow controller market?
    India holds over 15% revenue share of Asia Pacific market and could register a CAGR of 6% over 2021-2027 with expanding chemical sector in the region.
    Who manufacturers mass flow controllers in the Asia Pacific region?
    Some of the major players in Asia Pacific market include Teledyne Hastings Instruments, Brooks Instrument, MKS Instruments, Sensirion AG, and Ohkura Electric Co., Ltd, among others.

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