According to the report titled ‘Europe Mass Flow Controller Market Forecast 2027 By Product Type, By Material Type, By Flow Rate, By Connectivity Technology, By Industry Vertical, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, Europe mass flow controller market is expected to accumulate USD 150 million by the year 2027.
 

Widespread application of these equipment across various sectors (semiconductor, water & wastewater, healthcare & life sciences, and oil & gas), the system's ability to identify leaks & thus avoid unnecessary spending, and construction & renovation of local sewage treatment plants are driving the growth of Europe mass flow controller market.
 

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Speaking of the COVID-19 impact, the demand for respiratory products, fluid & gas measurement devices, and gas chromatography has risen exponentially, as these devices allow real-time monitoring of medical gases such as oxygen, nitrogen, and nitrous oxide. The surge in the pool of coronavirus patients with three back-to-back waves has boosted the industry outlook.
 

Based on product terrain, thermal mass flow meter segment of Europe mass flow controller industry is slated to grow over the forecast period, as it is important to accurately measure & monitor gas flow in healthcare institutes to detect leakages and to ensure safety & cost saving.   
 

Speaking of end-use verticals, water & wastewater treatment segment is projected to expand at 4.5% CAGR through 2027, due to usage in desalination of drinkable water as well as for precise measuring & monitoring of digester, oxygen, ozone, and other gas flows.
 

From a regional standpoint, Germany market is anticipated to grow at 5.5% CAGR during the analysis period, backed by an increase in financing activities, supportive government initiatives, and new product launches in the region.
 

The competitive landscape of Europe mass flow controller market is defined by companies such as Sensirion Holding AG, Brooks Instrument, Ohkura Electric Co. Ltd., Azbil Corporation, Bronkhorst High-Tech B.V., Parker Hannifin Corporation, FC-Technik AG, MKS Instruments Inc., Axetris AG, Horiba Ltd., Aalborg Instruments & Controls Inc., KOFLOC Corp., Bürkert Werke GmbH & Co. KG, Hitachi Metals Ltd., OMEGA Engineering Inc., Fujikin Inc., and Alicat Scientific Inc. among others.