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 value is anticipated to reach USD 1 billion by the year 2027.

Rising population in countries like China and India, which results in high energy demand from both the residential and industrial sectors, is a major factor driving the construction of natural gas processing plants and oil refineries, thus propelling the growth of Asia Pacific mass flow controller market.

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Furthermore, development of energy infrastructure and preference for renewable energy due to its low cost and sustainability are predicted to boost the industry size in the coming years.

Based on product type, differential pressure flow meters segment is poised to develop at 7% CAGR through 2027, owing to features 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. 

In terms of technology terrain, analogue segment of Asia Pacific mass flow controller industry is reckoned to grow at a CAGR of 7% over the forecast period, due to high precision in flow signal output proportionate to altered flow rate, as well as dependable flow monitoring to meet system requirements.

Regionally speaking, India market holds 15% revenue share at present and is slated to progress with a CAGR of 6% through 2027, on account of flourishing chemical vertical wherein the equipment is used in applications like mass spectroscopy systems, chemical reactors, and catalyst research.

Meanwhile, South Korea industry is poised to record a CAGR of 6% during 2021-2027, due to expanding pharmaceutical sector, along with surging equipment adoption in pharmaceutical product manufacturing. 

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