According to the industry analysis report titled ‘North America Mass Flow Controller Market Forecast 2027 By Flow Rate, By Material Type, By Product Type, 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, North America mass flow controller market is slated to showcase an appreciable growth rate and surpass a valuation of USD 250 million by 2027.

Decisive findings concur that increase in the utilization of renewable energy resources for power generation, technological advancements, and rising focus on research & development for hydrogen generation, storage, and conversion are fostering an upward trend in North America mass flow controller market dynamics.

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For those unaware, mass flow controllers measure and manage the flow of liquids and gases. It is common knowledge that hydrogen is an essential energy resource. When combined with oxygen in a fuel cell, hydrogen produces energy along with water and heat as by products. Therefore, it is a preferred fuel alternative. Hence, increasing emphasis on developing green energy resources is boosting the demand for mass flow controllers.

The industry is segregated in terms of material, product type, flow rate, connectivity technology, application spectrum and geographical boundary.

Based on material, the stainless-steel segment share is likely to record a CAGR of 5% during 2021-2027, due to increasing preference for stainless steel equipment in bioprocessing and bioreactor chambers in the pharmaceutical sector.

Geographically, United States mass flow controller marketplace is slated to register an annual growth rate of around 6% through the analysis timeframe, chiefly attributable to intensive flow of funds towards developing the semiconductor industry in the country. Notably, mass flow controllers are actively utilized to monitor gas in semiconductor chip manufacturing processes such as chemical vapor disposition, backside water cooling, and plasma etching.

The competitive framework of North America mass flow controller business sphere is defined by key players such as Vögtlin Instruments GmbH, Tokyo Keiso Co. Ltd., Teledyne Hastings Instruments, Sierra Instruments Inc., Sensirion AG, Pivotal Systems Corporation, Parker Hannifin Corporation, Omega Engineering Inc., Ohkura Electric Co. Ltd., MKS Instruments Inc., KOFLOC Corp., Aalborg Instruments & Controls Inc., Bronkhorst High-Tec B.V., Azbil Corporation, Axtris AG, and Alicat Scientific among others.