Published Date: 2021-08-10
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European Mass Flow Controller Market size is projected to surpass USD 150 million by 2027, according to a latest forecast report by Graphical Research.
The European market growth is attributed to the increased adoption of these controllers in hospitals to monitor the real-time flow of various medical gases, such as air, nitrogen, nitrous oxide & oxygen, and generate an instant alarming if the supply is interrupted. The rising demand for respiratory products, gas chromatography, and fluid & gas measurement in medical appliances will propel the demand for mass flow controllers in the healthcare sector.
A wide range of medical and in-home healthcare products including continuous positive airway pressure machines, ventilators, anesthesia delivery monitors, breath analysis equipment, and other medical devices require a fast & accurate measurement and monitoring of gas flow. The above-mentioned demands are driving the market demand. In January 2020, Sierra Instruments launched a new product line of thermal mass flow meters and controllers equipped with RedySmart for biopharma applications. All these thermal instruments use modern, ultra-stable no-drift CMOS technology, and a high-precision MEMS sensor.
Browse detailed statistical insights from the report, “Europe Mass Flow Controller Market Forecast 2027 By Product Type (Differential Pressure Flow Meter, Thermal Mass Flow Meter, Coriolis Mass Flow Meter), By Material Type (Stainless Steel, Exotic Alloys), By Flow Rate (Low Flow Rate, Medium Flow Rate, High Flow Rate), By Connectivity Technology (Analog, Profibus, RS-485, ProfiNet, EtherCAT, Ethernet/IP, Modbus RTU, DeviceNet, Foundation Fieldbus), By Industry Vertical (Oil & Gas, Pharmaceutical, Food & Beverages, Chemical, Healthcare & Life Science, Semiconductor, Water & Wastewater Treatment), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1914/europe-mass-flow-controller-market
Water & wastewater treatment will hold over 4.5% market share in 2020 attributed to the rising utilization of mass flow controllers for the desalination of portable water and measuring & monitoring the flow of various gases such as digester, oxygen, ozone, and others. The market is also witnessing increasing government initiatives and investments for the development of urban wastewater treatment plants. These plants deal with a wide range of conditions including various substances in sewage, the size of the population served, requirements of the receiving waters, and the local climate, which will drive the market growth.
For instance, the European Commission under its Cohesion policy has invested USD 17.7 billion (until 2020) in the development of sewage networks and construction of wastewater treatment plants. The policy is aiming to continue until 2023.
Germany is expected to grow at a CAGR of 5.5% during the projected period. Growth is attributed to increasing government initiatives and funding activities to accelerate semiconductor production in the region. For instance, In June 2021, the European Commission announced that other member states are joining forces for the development of processors and semiconductor technology to strengthen the electronics & embedded system value chain and manufacturing capacity. The increasing adoption of mass flow controllers to monitor and control gas, which is utilized in semiconductor chip production processes, such as plasma etching, Chemical Vapor Deposition (CVD), and backside water cooling, among others, is driving expansion. In December 2019, Horiba launched the new DZ-100 mass flow controller for semiconductor manufacturing. It offers a 3x thinner model as semiconductor devices have become more shrunk and integrated.
The mass flow controller in European market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2016 to 2027 for the following segments:
Europe Market, By Material Type
Europe Market, By Flow rate
Europe Market, By Product Type
Europe Market, By Connectivity Technology
Europe Market, By Industry Verticals
The above information has been provided for the following countries:
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