Global SCR Power Controller Market Research Report - Segmentation By Type (Three Phase, Single Phase), By Load Type (Resistive, Non-Resistive), By Control Method (Phase Angle Control, Integral Cycle Switching), By Industry (Metals, Glass, Chemicals, Semiconductor) – Global Industry Analysis On Size, Trend, Share, Growth and Forecast 2024 to 2029.

Updated On: June, 2024
ID: 12937
Pages: 175

Global SCR Power Controller Market Size (2024 to 2029):

The Global SCR Power Controller Market was worth US$ 165 million in 2023 and is anticipated to reach a valuation of US$ 239 million by 2029 from US$ 176 million in 2024, and it is predicted to register a CAGR of 6.35% during the forecast period 2024-2029.

MARKET SCENARIO

SCR Power Controller (Silicon Controlled Rectifiers Power Controller) is a thyristor-based switching device that controls the power or voltage provided to a load and can enable quick, infinitely variable proportional control of electric power. A Shockley diode having an extra terminal called the gate that is used to start conduction is known as an SCR. An SCR unit is made up of two SCRs that handle AC power together. A solid-state switching device provides fast, endlessly variable proportional control of electric power. When utilised appropriately, the SCR has the ability to switch on and off over a billion times.

Shockley diode with gate, or SCR, is a type of diode with an additional terminal. The On and Off states of the SCR power controller allow electricity to flow in a single direction. SCR power controllers with models provide electric power to resistive loads. The controllers comprise power semi-conductors (SCRs), trigger circuitry, fuses on the panels, and heat sinks of appropriate size. Thyristors can drive resistive, inductive, and transformer loads, as well as silicon carbide components, quartz lights, and infrared loads. More precise control of the heating process, longer heater life, greater product quality at quicker production speeds, and lower maintenance costs are all advantages of employing an SCR.

MARKET DRIVERS

SCR power controller suppliers are in high demand across a variety of sectors, which is propelling the market forward. In a number of industries, such as semiconductors, metals, and glass, SCR power controllers are used to monitor and control heat operations.

Rising industrialization and a strong focus on improving energy efficiency will drive market demand. Because of the increased emphasis on energy conservation and regulatory mandates for efficient electricity usage in the industrial sector, the SCR power controller market will rise. SCR power controller suppliers are in high demand across a variety of sectors, which is propelling the market forward.

Silicon's low leakage current, voltage compensation, and current limiting properties make it valuable. Due to the wear-free switching provided by thyristor devices, SCR power controllers have replaced relays. They are suitable for switching electric loads due to their capacity to switch a variety of single to three-phase loads. The expanding need for SCR power controllers, as well as their capacity to limit the healing process, are two of the most compelling reasons for end-user industries to utilise them. The market is expanding due to rising demand for SCR power controller digitalization. Key aspects that will drive product adoption and, as a result, market development include power supply stability, effective surge management, phase angle control, and resistive load power controllers, which allow for power savings and benefit for a prolonged lifetime.

MARKET RESTRAINTS

A lack of knowledge in operating and maintaining SCR power controllers on a regular basis is one of the market limitations for SCR power controllers.

Thyristor rating, debugging, thyristor repair, and thyristor blown fuse are all difficulties that companies are dealing with. Industry players may be unwilling to invest as a result of these technical challenges or a lack of technical knowledge of how to manage SCR power controllers, which could have an influence on the global SCR power controller market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

6.35%

Segments Covered

By Type, Load Type, Control Method, Industry, and Region.

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Honeywell, Schneider Electric, ABB, Omron, Advanced Energy Industries, Chroma lox, Gefran, JUMO, CD Automation, Control Concepts, and Others.

 

SEGMENTAL ANALYSIS

Global SCR Power Controller Market Analysis By Type

Single Phase is expected to have the dominant share in the global SCR power controller market during the Forecast Period. The single-phase SCR power controller category, which has the largest market share, is expected to grow significantly and dominate the global market over the forecast period.

Global SCR Power Controller Market Analysis By Load Type

Non-Resistive segment is expected to have the dominant share in the global SCR power controller market during the Forecast Period. The SCR power controller market for non-resistive loads is predicted to rise during the forecasted years, owing to rising demand from low current applications like as transformer-coupled loads, inductive role heaters, and others. SCR power controllers provide a number of benefits that make them an excellent choice for inductive loads, including high reliability, low maintenance, high efficiency, and quick response.

Global SCR Power Controller Market Analysis By Control Method

Phase Angle Control is expected to have the dominant share in the global SCR power controller market during the Forecast Period. The conduction angle of an AC signal is controlled by phase angle control, which affects the average AC voltage across the load. The AC current drawn by the load is controlled by adjusting the AC voltage. Phase Angle Control Technique is used in Thyristor Power Controllers. In SCR power controllers, the phase angle control approach is commonly used to regulate fast-responding loads like tungsten filament lights or loads whose resistance fluctuates as a function of temperature. Because it enables for highly accurate power resolution, the phase angle control approach is preferred.

Global SCR Power Controller Market Analysis By Industry

Oil & Gas is expected to have the dominant share in the global SCR power controller market during the forecast period. The oil and gas industry has seen a constant increase in overall investments over the last few years, owing to the volatility in crude oil prices and changing geopolitical dynamics. Boilers and heaters have been placed in upstream facilities to supply thermal energy for various processes in the production process. As a result, more energy-efficient heating and temperature-control systems, such as SCR power controllers, would be implemented.

REGIONAL ANALYSIS

North America is expected to have the dominant share in the global SCR power controller market during the Forecast Period. Due to significant expansion in electrical appliances and digitization, electricity consumption in North America is at an all-time high. As a result, for safe operation and longer equipment life, a regulating device is required, which is fuelling the expansion of the SCR power controller market in North America.

Europe is expected to have the next dominant share in the global SCR power controller market during the Forecast Period. European governments have established a target of producing as much energy as possible from renewable sources. The demand for efficient and reliable switching technology has increased as the smart grid continues to evolve and large-scale solar power use grows. Because of its precise and high-speed switching technology, the SCR power controller is gaining traction in Europe, where it is expected to grow at a healthy rate.

Asia-Pacific is expected to grow faster in the global SCR power controller market during the Forecast Period. Asia Pacific, one of the world's largest and fastest-growing marketplaces, has a lot of potential for the SCR power controller industry to flourish. The market for SCR power controllers is predicted to grow rapidly due to ongoing electrification initiatives in India and growing consumption of electrical goods in China.

Middle-East and Africa is expected to register the highest CAGR in the global SCR power controller market During the Forecast Period. The great supply of hydrocarbon resources has boosted product installation for temperature control in refineries and offshore beds. The market demand will be driven by increased investments in food processing, chemical manufacturing, and primary metal manufacturing in the future years. Furthermore, large infrastructure development investments from financial institutions such as the IMF, the World Bank, and the African Development Bank will have an impact on the industry's growth.

KEY PLAYERS IN THE GLOBAL SCR POWER CONTROLLER MARKET

Companies playing a prominent role in the global SCR power controller market include Honeywell, Schneider Electric, ABB, Omron, Advanced Energy Industries, Chroma lox, Gefran, JUMO, CD Automation, Control Concepts, and Others.

RECENT HAPPENINGS IN THE GLOBAL SCR POWER CONTROLLER MARKET

  • Littel Fuse Unveils First SCR Thyristor Capable of 600V 40Arms and 150°C Junction Temperature. Littel fuse, Inc., a global leader in circuit protection, has announced a series of 40A high-temperature silicon-controlled rectifier (SCR) thyristors that are suited for use as switches in rectifier and phase control applications such as voltage regulators, heaters, and motor speed controllers.
  • Qorvo acquires United Sic, gaining even more market share in the wide bandgap segment. Qorvo is stepping up to the plate for the second time after acquiring Next Input in a year when acquisitions are transforming the landscape of semiconductor industry ownership. Qorvo, a major player in the RF business, has announced the acquisition of United Sic, which would allow the company to expand into new industries such as electric vehicles and industrial power.

DETAILED SEGMENTATION OF THE GLOBAL SCR POWER CONTROLLER MARKET INCLUDED IN THIS REPORT

This research report on the global SCR power controller market has been segmented and sub-segmented based on type, load type, control method, industry, and region.

By Type

  • Single Phase
  • Three Phase

By Load Type

  • Resistive
  • Non-Resistive

By Control Method

  • Phase Angle Control
  • Integral Cycle Switching

By Industry

  • Metals
  • Glass
  • Chemicals
  • Semiconductors
  • Food & Beverages.
  • Oil & Gas.

By Region

  • North America 
  • Europe 
  • Asia Pacific
  • Latin America 
  • Middle East & Africa 

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Frequently Asked Questions

What are the major elements that are propelling the SCR Power Controller Market forward?

The need for SCR Power Controllers will be boosted by increased industrialization and a strong focus on energy efficiency.

What is the market size and growth rate forecast for SCR Power Controllers?

The Global SCR Power Controller Market was worth US$ 165 million in 2023 to reach a valuation of US$ 239 million by 2029 at a CAGR of 6.35%

Who are the leading companies in the SCR Power Controller Market?

Schneider Electric, Siemens, Honeywell, ABB, Gefran, Omron, Chroma lox, Avatar Instruments, Jumo, and Solcon are the leading companies.

What market segments does the SCR Power Controller Market Report cover?

The market for SCR Power Controllers is divided into Load Type, Type, Control Method, Industry, and Geography segments.

Which country hold the largest share of the Global SCR Power Controller Market?

North-American countries are expected to hold the largest share of the Global SCR Power Controller Market.

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