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SCR Power Controller Market: Global Forecast until 2023

  • November 2017
  • 124 pages
  • ID: 5196129
In this report:
The market for the semiconductors industry was valued at USD ##.## million in 2016 and is expected to grow at highest CAGR of ##.##% to reach USD ##.## million by 2023.
The US chemical industry is one of the largest manufacturing industries in the country and accounted for ##% of the global chemical export in 2016.

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"SCR power controller market to exhibit significant increase potential between 2017 and 2023"

The SCR power controller market is forecasted to be worth $130.60M in 2017 and is forecasted to reach $171.30M by 2023, at a compound annual growth rate (CAGR) of ~4.6 percent between 2017 and 2023. The increasing demand for digitization of SCR power controllers and excellent ability to control heating processes are the main driving factors for the adoption of SCR power controllers by different end-user markets.

"Metals market anticipated to continue to hold the most important size of the SCR power controller market"

Most of the alloys go under thermal processing that improves mechanical, physical, and technological properties by modifying the structural composition. These thermal processes need implementation of SCR power controllers; hence the metals sector maintains the biggest industry size, and a similar trend is likely to continue in the industry for SCR power controllers in the next years.

"Asia-Pac to be the quickest developing market for SCR power controllers during 2017-2023"

Asia-Pacific is an emerging market for SCR power controllers. Glass, metals, chemicals, and food & beverages sectors are forecast to steer the market increase in Asia-Pac, likely to be driven by China (CN) and India (IN). The increasing demand for flat and container glass and growing emphasis on maintaining food quality are some top factors that drive the increase of the market in Asia-Pacific.

The break-up of the profiles of primary members taking part for the industry report has been provided below:

• By Company category: Tier 1 = 30.0 percent, Tier 2 = 35.0 percent, and Tier 3 = 35.0 percent

• By Description: C-suite executives = 55.0 percent, Directors = 30.0 percent, and Others = 15.0 percent

• By Area: North America continent = 20.0 percent, EU = 35.0 percent, Asia-Pac = 35.0 percent, and RoW = 10.0 percent

The top players in the sector contain Honeywell, Schneider Electric (SU), ABB, Omron, Advanced Energy Markets, Chromalox, Gefran, Jumo, CD Automation, and Control Concepts.

Segment Research

The research report on the overall SCR power controller market covers distinct segments-type, load type, control method, sector, and territory. The market has been split on the basis of type into three-phase and single-phase power controllers. Futhermore, the SCR power controller market has been split on the basis of load type into resistive and nonresistive. Furthermore, the SCR power controller market established on control method has been divided into phase angle control and integral cycle switching methods. Additionally, established on sectors, the SCR power controller market has been broken down into glass, oil & gas, metals, chemicals, textile, plastics, food & beverages, and semiconductor. The study includes 4 main geographic regions-North America, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Main highlights

Figures of segmentation, review, and estimate for the sector established on category, load type, control method, market, and area have been organized to give an global view of the SCR power controller market.

The value chain study included in the analysis to offer a detailed insight into the SCR power controller market.

Main drivers, market restraints, alternatives, and opportunities for the SCR power controller market actors have been precised in this industry report.

The market research includes an exhaustive competitive analysis, together with top players, complete study, and revenue of main actors.

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