Global SCR Power Controller Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global SCR Power Controller Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

SCR Power Controller is operated with an alternating voltage in single-phase or three-phase. They are controlled by a controller and vary the activation time of the mains voltage for the load.

Market Overview:

The latest research study on the global SCR Power Controller market finds that the global SCR Power Controller market reached a value of USD 184.12 million in 2022. It’s expected that the market will achieve USD 257.51 million by 2028, exhibiting a CAGR of 5.75% during the forecast period.

The ongoing industrialization in the Middle East and Africa

As the demand for digital temperature monitoring and control equipment continues to increase, the market trend of SCR power controllers in the Middle East and Africa will develop. Abundant hydrocarbon resources have increased product installation in oil refineries and offshore temperature control beds. In the next few years, increased investment in food processing, chemical and primary metal manufacturing will drive market demand for SCR power controllers in the Middle East and Africa. In addition, the massive investment in infrastructure development by financial institutions such as the International Monetary Fund, the World Bank and the African Development Bank will further affect industry growth.

Lack of expertise in SCR power controller operation and maintenance

One of the main constraints of the SCR power controller market is the limited knowledge related to the operation and maintenance of the SCR power controller. Companies lacking an in-house team for SCR power controller maintenance are faced with problems such as thyristor work, ratings, thyristor fixing, debugging, and fuse repair. Therefore, these technical problems or lack of technical knowledge to deal with SCR power controllers may cause medium-sized companies to be reluctant to invest, which will also affect the global SCR power controller market.

SCR power controller market is fiercely competitive

The SCR power controller market is not only affected by price, but also by product performance. Leading companies have the following advantages: better performance, richer product types, better technology and perfect after-sales service. Therefore, they occupy most of the market share of the high-end market. Therefore, this factor will limit the development of other related companies. In the future, the price gap between different brands will narrow. Similarly, gross profit margins will fluctuate.

Region Overview:

In 2021, the share of the SCR Power Controller market in North America stood at 32.74%.

Company Overview:

Advanced Energy Industries is one of the major players operating in the SCR Power Controller market, holding a share of 13.16% in 2021.

Advanced Energy Industries

Advanced Energy Industries, Inc. is a provider of engineered, precision power conversion, measurement and control solutions. These power conversion systems refine, modify and control the raw electrical power from a utility and convert it into power that may be customized and is predictable and repeatable.

Watlow Electric Manufacturing

Watlow Electric Manufacturing is a custom designer and manufacturer of industrial heaters, sensors, controllers, and software. Its products are used in power generation, semiconductors, plastics processing, foodservice equipment, life sciences, and aerospace applications.

Segmentation Overview:

By type, Three Phase SCR Power Controller segment accounted for the largest share of market in 2021.

Single Phase SCR Power Controller

Single-phase systems use a pair of SCR power controllers to regulate the power output through a current path or lag. In addition, the compact size, easy installation and low upfront cost will increase the market penetration of Single-Phase SCR Power Controller.

Three Phase SCR Power Controller

Three Phase SCR Power Controller is mainly used in semiconductor, industrial, metal and mining applications. For high-voltage applications, manufacturers have been observed to increasingly use Three Phase SCR Power Controller to accurately perform operations in various industrial processes.

Application Overview:

The market's largest segment by application is the segment Electric Furnace Industry, with a market share of 33.66% in 2021.

SCR power controller is operated with an alternating voltage in single-phase or three-phase. They are controlled by a controller and vary the activation time of the mains voltage for the load. SCR power controller can be used in various industries, such as : Electric Furnace Industry (annealing furnace, drying furnace, quenching furnace, sintering furnace, crucible furnace, tunnel furnace, melting furnace, box electric furnace, pit electric furnace, etc.); Machinery Equipment industry (packaging machinery , Plastic machinery, heat shrinking machinery, extrusion machinery, food machinery, tempering equipment, plastic processing, etc.); Glass Industry (glass melting, glass printing, float glass production line, annealing tank, automotive industry: spray drying, Thermoforming, etc.); Chemical Industry (distillation evaporation, preheating system, pipe heating, petrochemical industry, etc.).

Key Companies in the global SCR Power Controller market covered in Chapter 3:

Solcon Solutions
Taiwan Pan-globe Instrument Control
Eurotherm
Control Concepts
Watlow Electric Manufacturing
Sichuan Injet Electric
Cristal Controls
SHIMADEN
CD Automation
ABB
Chromalox
JUMO
Spang Power Electronics
Avatar Instruments
Advanced Energy Industries
RKC Instrument

In Chapter 4 and Chapter 14.2, on the basis of types, the SCR Power Controller market from 2018 to 2029 is primarily split into:

Single Phase SCR Power Controller
Three Phase SCR Power Controller

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the SCR Power Controller market from 2018 to 2029 covers:

Electric Furnace Industry
Machinery Equipment
Glass Industry
Chemical Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)