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The global mass flow controller market is currently transforming at an unprecedented pace. Thanks to the increasing efforts put forth by various industry participants towards product developments. One of these developments comprise the augmentation of Burkertu2019s Type 8742/46 range of mass flow controllers/meters for gas applications in October 2020.<br><br>Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4125
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Mass Flow Controller Market is projected to reach CAGR 5.5% by 2027
Key Insights from Mass Flow Controller Market: • The global mass flow controller market is currently transforming at an unprecedented pace. Thanks to the increasing efforts put forth by various industry participants towards product developments. One of these developments comprise the augmentation of Burkert’s Type 8742/46 range of mass flow controllers/meters for gas applications in October 2020. Equipped with analogue communications onboard, the product range comprises an alternative with the direct integration of PROFIBUS-DP. • The mass flow controller market from Coriolis mass flow meters recorded a revenue of more than 10% of the overall market valuation in 2020. The segment is slated to grow at a lucrative CAGR of 3.5% between 2021 and 2027. • In a nutshell, multiple high-end mechanical properties of mass flow controllers comprising high resistance to corrosion, oxidation, and deformation under extreme temperatures and pressure will bolster the mass flow controller market size through the assessment period.
Regional Insights in Mass Flow Controller Market: • The presence of key pharmaceutical manufacturers in Europe is as well touted to be among the major factors propelling the growth of the mass flow controller market size across the region. • As per a report from the EFPI Association, pharmaceutical companies from Europe made R&D investments amounting to approximately USD 45,363 million in the year 2019, recording a year-on-year growth of 3%. While the mass flow controller market in Europe is projected to register a CAGR of 5% over 2021 and 2027, the upsurge can be attributed to the rising focus of manufacturers comprising Novo Nordisk, Pfizer, Inc., AstraZeneca, and others on high-volume manufacturing of vaccines and drugs for the treatment of numerous diseases.
Latest Research Report On Mass Flow Controller Market @ https://www.gminsights.com/industry-analysis/mass-flow-controller-market Request for a sample of this research report @https://www.gminsights.com/request-sample/detail/4125
Major Companies in Mass Flow Controller Market: • Brooks Instrument, LLC • Dakota Instruments, Inc. • Horiba, Ltd. • Azbil Corporation • MKS Instruments • OMEGA Engineering, Inc.
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