A new analysis report on the market, “SCR Power Controller Market,” which is forecasted between 2023 and 2028 has been published by Knowledge Sourcing Intelligence,
The SCR power controller market is witnessing remarkable growth due to the rising emphasis on energy efficiency, expanding industrial automation, and continuous advancements in power electronics technology. As industries prioritize optimizing power usage to reduce energy costs and environmental impact, the demand for SCR power controllers has surged.
As per the report, the SCR power controller market was valued at US$126.236 million in 2021 and is estimated to grow at a CAGR of 3.7% during the forecast period.
Silicon Controlled Rectifiers (SCRs) are high-power four-layer thyristors characterized by an input control terminal, an output terminal, and a shared cathode terminal. These components find extensive utilization in applications demanding high voltages and currents. SCRs are commonly integrated into circuits where their unique characteristics, such as fast switching capabilities and high current-carrying capacity, are harnessed to facilitate efficient power control and regulation.
Various product launches and technological advancements happening in the market for instance in November 2020, Advanced Energy, a leading provider of innovative power solutions, unveiled a cutting-edge SCR power controller featuring enhanced performance and a host of new capabilities. This latest offering aims to bring the principles of Industry 4.0 to precision heating applications.
The SCR power controller market based on type is categorized into single-phase and three-phase segments, catering to different electrical system configurations. Single-phase SCR power controllers regulate power flow in single-phase systems, while three-phase SCR power controllers are tailored for three-phase systems.
The SCR power controller market based on the load they handle is classified into resistive and inductive. These segments differentiate the power controllers based on the nature of the load they are designed to regulate.
The end users of the SCR power controller market include chemicals, food & beverages, semiconductors, metals, and other sectors. These diverse industries rely on SCR power controllers to regulate power flow and ensure precise control in their manufacturing processes. SCR power controllers play a crucial role in optimizing energy consumption and maintaining stability in various industrial applications.
The Asia-Pacific region is poised to hold a substantial share of the SCR power controller market due to the thriving industrial and manufacturing activities, particularly in China, Japan, and India. With the expansion of industrial operations, the demand for SCR power controllers for temperature regulation is expected to rise. The presence of numerous small and medium-sized industrial units in these countries will further contribute to the market’s growth in the region. India’s central and state governments are directing efforts toward the development and advancement of power controllers. For instance, Vedanta Resources Ltd has partnered with a state government to establish semiconductor manufacturing, assembly, testing, and display fabrication facilities in India.
The research includes coverage of Honeywell, Schneider Electric, ABB, Omron, Advanced Energy Industries, Chromalox, Gefran, JUMO, CD Automation, and Control Concepts as significant market players in the SCR power controller industry.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/scr-power-controller-market
This analytics report segments the SCR power controller market on the following basis:
- By Type
- Single Phase
- Three Phase
- By Load
- By End-User
- Food & Beverages
- By Geography
- North America
- South America
- United Kingdom
- The Middle East and Africa
- Saudi Arabia
- Asia Pacific
- South Korea
- North America