According to the research report titled ‘Asia Pacific Mass Flow Controller Market Forecast 2027 By Connectivity Technology, By Material Type, By Flow Rate, By Product Type, By Industry Vertical, COVID19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 ???????? 2027’, available with MarketStudyReport, Asia Pacific mass flow controller market is expected to be worth USD 1 billion by the year 2027.
 

Rising population in nations like China and India that leads to high energy demand from residential as well as industrial sectors is the major factor boosting the establishment of natural gas processing plants & oil refineries, propelling the growth of Asia Pacific mass flow controller market growth. Moreover, energy infrastructural development, and preference for renewable energy for its low cost & sustainability are impelling the industry share.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/4229261/
 

Speaking of product type, differential pressure flow meters segment of Asia Pacific mass flow controller industry is expected to develop at 7% CAGR through 2027, owing to characteristics like suitability for all pressures and temperatures streams, flexibility to varying flow rates and pipe diameters, and ability to monitor both liquid and gas flow. These meters also enable the end-user to control and monitor flow volume of gases, liquids, and streams.
 

Based on technology, analogue segment is reckoned to grow at a CAGR of 7% over the forecast period, due to high precision in flow signal output that is proportional to the adjusted flow rate, as well as reliable flow monitoring to meet the requirements of process monitoring systems. This technology facilitates the development of accurate and cost-effective mass flow controller systems.
 

Regionally speaking, India holds 15% market share at present and is expected to grow at a CAGR of 6% through 2027. The regional expansion can be attributed to the investments and incentives provided by the Indian government to promote chemical, petrochemical, and agrochemicals verticals. Notably, chemical sector leverages mass flow controllers in variety of applications including mass spectroscopy systems, chemical reactors, and catalyst research.
 

Meanwhile, South Korea industry is poised to record a y-o-y expansion rate of 6% during 2021-2027, backed by flourishing pharmaceutical sector with surging equipment adoption in pharmaceutical product manufacturing. 
 

The key players in Asia Pacific mass flow controller market are Vögtlin Instruments GmbH, Tokyo Keiso Co. Ltd., Teledyne Hastings Instruments, Sierra Instruments, Inc., Sensirion AG, Pivotal Systems, Parker-Hannifin Corporation, OMEGA Engineering, Inc., Ohkura Electric Co. Ltd., MKS Instruments, Inc., KOFLOC Corp., Horiba Ltd., Hitachi Metals Ltd., Fujikin, Inc., FCON Co. Ltd., Brooks Instrument, Bronkhorst High-Tech B.V., Azbil Corporation, and Alicat Scientific, Inc.