SCR Power Controller Market Size By Load (Resistive, Non-Resistive), By Phase (Single Phase, Three Phase), By Control Method (Integrated Cycle Switching, Phase Angle Control), By Current Rating (≤ 50 A, > 50 to 500 A, > 500 to 1,000 A, > 1,000 A), By End Use (Semiconductor, Food & Beverages, Metals, Plastics, Glass, Oil & Gas), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2022 - 2030
The global SCR power controller market share is projected to increase substantially over 2022-2030, on account of the rising emphasis on the reduction of industrial heat waste.
With the accelerating energy demand, there has been a paradigm shift toward the use of efficient systems with low heat generation attributes. Based on statistics from Exxon Mobil, combined commercial and residential energy demand is expected to increase by over 15% through 2050. Since SCR power controllers are utilized to provide effective thermal management solutions with precise temperature regulation, the industry share is anticipated to increase considerably over the forecast period.
The SCR power controller industry is segregated based on load, phase, control method, current rating, end-use, and region.
In terms of load, the market is bifurcated into resistive and non-resistive categories. The resistive segment is projected to depict a high growth rate through 2030, given the rising availability of thyristor power controllers, including Radix Power Regulators, for inductive heating loads.
These power controllers can rapidly switch load power and respond to the command, power supply, and load changes. These product features can eliminate the negative impacts of load or supply voltage variations, contributing to segment progress.
With regards to phase, the industry is divided into single-phase and three-phase categories. The development of three-phase SCR power controllers has been increasing over the years. They are designed with favorable attributes including auto-synchronization and detection of phase sequence, high-speed cooling fan, and rugged metal enclosure and modular design for seamless installation and maintenance. These innovative product features are likely to contribute to segmental development.
Based on the control method, the industry is categorized into phase angle control and integrated cycle switching categories. The integrated cycle switching segment is expected to register considerable revenue by 2030. This can be credited to the rising development of fully integrated, isolated switch drivers, such as TPSI3050S-Q1, featuring a one-shot enable for switch control, useful for driving SCRs.
This integrated switch driver requires no isolated secondary supply bias and can deliver power to external supporting circuitry to meet varied application needs. These features may encourage consumers to deploy integrated cycle switching control methods and subsequently drive segmental growth.
In terms of the current rating, the market is divided into ≤50 A, >50 to 500 A, >500 to 1,000 A, and >1,000 A categories. The >1,000 A segment is anticipated to record high revenue by 2030, owing to the rapid establishment of large-scale manufacturing facilities. In addition, the mounting investment in oil and gas, metals, chemicals, and other heavy-scale industries will boost industry progress from this segment.
Based on end-use, the industry is segregated into glass, plastics, metals, food and beverages, semiconductor, oil and gas, and others. The oil and gas segment is set to depict a high growth rate through 2030. This is driven by the expanding production and refinery capabilities, alongside increasing exploration activities that require high-temperature processes such as thermoforming, distillation, boiling, and compression.
Regionally, the Middle East & Africa is set to emerge as a lucrative revenue pocket for the SCR power controller market. This is due to the robust presence of untapped crude oil and natural gas reserves that require economical and complex operations. Moreover, the availability of rare earth metals is slated to augment mining activities and subsequently amplify the business growth of regional SCR power controller manufacturers.
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