1. Market Research
  2. > Manufacturing
  3. > Electronic Component
  4. > Semiconductor Market Trends
Global Flow Control Market in the Semiconductor Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Global Flow Control Market in the Semiconductor Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

  • August 2022
  • 190 pages
  • ID: 6283224
  • Format: PDF
  • Mordor Intelligence LLP


Table of Contents

Search Inside

The Global Flow Control Market in the Semiconductor Industry is expected to register a CAGR of 6.41% during the forecast period 2022 to 2027.

Key Highlights
Significant advancements in the semiconductor and electronics industries are expected to drive industrial growth. The strong adoption of the work-from-home lifestyle may also add to the surge in demand for electronic equipment caused by the COVID-19 pandemic. Furthermore, with technological advancements and well-established distribution networks, European and US electronics manufacturers are striving to expand operations in emerging nations. Furthermore, the increasing popularity of consumer electronics among China’s and India’s youth is expected to boost the market revenue in the forecast period.
For instance, in February 2022, the Semiconductor Sector Association (SIA) stated that the global semiconductor industry sales reached USD 555.9 billion in 2021, a 26.2% growth over the previous year’s total of USD 440.4 billion. In 2021, the semiconductor industry shipped a record 1.15 trillion units as chipmakers stepped up production to meet the increasing demand, despite a global chip scarcity. Global sales for December 2021 were USD 50.9 billion, up by 28.3% from December 2020 and 1.5% more than November 2021. Sales of USD 152.6 billion in the fourth quarter were 28.3% higher than in the fourth quarter of 2020 and 4.9% higher than in the third quarter of 2021.
According to SIA, sales into the Americas market increased the most (27.4%) in 2021. China remained the largest individual market for semiconductors in 2021, with sales of USD 192.5 billion, up by 27.1%. In 2021, the annual sales grew in Europe (27.3%), Asia-Pacific/All Other (25.9%), and Japan (19.8%). Sales in the Americas (5.2%), China (0.8%), Europe (0.3%), and the the the Asia Pacific/All Other (0.1%) grew in December 2021 compared to November 2021 but declined marginally in Japan (-0.3% ).
Due to the existence of major global and local players, the market studied is extremely fragmented as of now. With the increasing complexity in semiconductor manufacturing, the requirement for flow control equipment is also increasing, and much more sophisticated and technologically advanced pumps, valves, and seals are required. Global investment in R&D in power efficiency and facility upgrades in the semiconductor industries are also important drivers of severe competition among companies. The ongoing developments of products and mergers and acquisitions in the market further add to the competitiveness of the market studied.
The COVID-19 epidemic has had a detrimental impact on the market studied. Due to the lockdown and social distancing norms, major corporations have halted operations in several areas. Due to increased urbanization and the growing need for efficient use of available space, the sector anticipates a high level of demand and supply following the epidemic.

Key Market Trends

Mechanical Seals to Register the Fastest Growth

A mechanical seal’s primary function is to prevent fluid or gas leakage through the clearance between the shaft and the container. Mechanical seals are made up of two faces separated by carbon rings. The revolving equipment comes in touch with the initial face, which is stationary. Furthermore, the seal ring (first face) is the main component of the seal on which the mechanical force generated by springs, bellows, or fluids in the equipment acts. Mechanical seals have become increasingly significant in a variety of industrial applications in recent years, allowing for more efficient operations. Polytetrafluoroethylene (PTFE), polyurethane (AUEU), fluoro silicon (FVMQ), industrial rubber, and other flexible materials are used to make mechanical seals.
The mechanical seal market has seen substantial growth in recent years and is expected to continue to grow in the coming years. In emerging nations, the rise of AI, ML, and IoT, as well as smartphone and consumer electronics development, is predicted to prompt further development policies and investments in the semiconductor industry. Cartridge seals, balanced and unbalanced seals, pusher and non-pusher seals, and conventional seals are examples of mechanical seals impacting the mechanical sealing market expansion in emerging countries.
In the fabrication of semiconductor products, seal reliability and contamination reduction are crucial. Chemical filtration, chemical transfer, AODD pump sealing, and silicon wafer fabrication are a few of the essential semiconductor applications where mechanical seals have proven to be the best option.
Deposition, etch, ash/strip, plasma, and heat processing or annealing are synergistic process technologies that constitute some of the most difficult environments for elastomer seal materials which are frequently encountered during the fabrication of semiconductor integrated circuits. To minimize yield loss and chemical erosion rates, clean room manufactured seals with low particle and trace metal contamination are used. These seals can provide benefits such as increased system up-time, increased mean time between failure (MTBF), decreased wet clean or mechanical clean frequency, and reduced cost of ownership (CoO) through lower consumable costs (CoC).
Semiconductor equipment is served through feed-throughs and rotary unions. Rotational motion can be transferred from the atmosphere to a vacuum or differential pressure environment using rotary feed-throughs. Vacuum seals are used in semiconductor equipment, OLED displays, vacuum deposition systems, autoclaves, and wafer robots, among other things.

China to Hold Significant Market Share

China has a very ambitious semiconductor agenda. Supported by USD 150 billion in funding, the country is expanding its domestic IC industry, and it plans to produce more of its chips. Greater China, which confines China, Hong Kong, and Taiwan, is a geopolitical hotspot. The US-China trade war is compounding tensions in an area where all the leading process technologies are located, compelling several Chinese firms to invest in semiconductor foundries.
China’s latest five-year plan for 2021-2025, revealed in March 2021, demonstrates encouraging basic research as a critical priority. Central government spending on basic research increased by around 11% in 2021, well above the 7% planned for the overall research and development investment and the 6% target for GDP growth. Semiconductors have been specified as one of the seven areas that are anticipated to be given priority in terms of funding and resources. Companies involved in the design develop nanometer-scale ICs that perform critical tasks that make electronic devices work, such as storage, computing, network connectivity, and power management.
The number of recently registered chip-related establishments in China more than tripled in the first five months of the year compared to the same period in 2020. According to Qichacha, from January till May 2021, China saw 15,700 new establishments involved in everything, from designing to manufacturing chips.
Furthermore, according to Semiconductor Equipment and Materials International (SEMI), the annual semiconductor equipment spending increased by 58% in China, from USD 18.72 billion in 2020 to USD 29.62 billion in 2021.
Thus, the significant rise in spending on semiconductor equipment year-on-year is expected to drive the demand for vacuum pumps in the country. The expansion of the manufacturing capacity of leading semiconductor companies is expected to contribute to the growth of the market.

Competitive Landscape

The competitive rivalry among the flow control equipment providers is moderate, owing to the presence of various dominating brands across the world competing for market shares across the world, making the market moderately competitive.

The demand for vacuum pumps has spiked in recent years due to the massive consumer electronics and smartphone penetration across developing countries. This has led to an increased focus on customer acquisition and formulating distribution channels as key strategies to maintain competitive advantage and market share.

March 2022 - Pfeiffer Vacuum introduced a new compact roots pump. The roots pump from the HiLobe series now comes with a high pumping speed, covering various applications needing large chambers to be evacuated quickly. Pumping speeds up to 13,600 m3/h are offered with low power consumption. The hermetically sealed pump offers a maximum integral leak rate of 1 - 10-6 Pa m3/h.
October 2021 - Atlas Copco acquired Eugen Theis GmbH, a German company located near Werther. Eugen comprises four employees and has a strong market and customer base in the region. The acquisition will help Atlas Copco target the industrial vacuum products and services in Germany, helping expand its presence in the country.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Cleanroom Consumables Market- Global Outlook and Forecast 2022-2027

  • $ 3500
  • July 2022
  • 259 pages

The global cleanroom consumables market is expected to grow at a CAGR of 8.66% during 2022-2027 A cleanroom is an enclosed controlled work area where contaminants, airborne particles, and other pollutants ...

  • World
  • Semiconductor
  • Pharmaceutical
  • Industry analysis
  • Gross Domestic Product
  • Disposable Income


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on