SCR Power Controller Market: Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2020 – 2026 According to Global Market Insights, Inc. report, SCR power controller market size is projected to register around USD 165 million by 2026. Global SCR power controller market is poised to witness a tremendous growth over the projected timeframe of 2020 to 2026 on account of rising product demand due to expanding manufacturing industry across the developing countries. Additionally, higher efficiency and reliability coupled with precise control during heating processes are some of the key features of Silicon Controlled Rectifiers (SCR) which are likely to augment the market growth.
Request a sample of this research report @ https://www.gminsights.com/requestsample/detail/4809 Considering the heightened product demand, major industry players operating in the market such as Watlow, Schneider Electric, Control Concepts, Advanced Energy Industries, etc. are focused on implementing effective business strategies such new product launch, geographical expansion, mergers and acquisition to gain a strong foothold in the market. For instance, in 2019, Eurotherm by Schneider Electric introduced a real time communication option in its EPack power controller 1PH for providing an enhanced and optimum efficiency. Apparently, this technological advancement helped the company strengthen its product portfolio while offering enhanced solution to its customers. The overall SCR power controller market is bifurcated into several segments on the basis of load, phase, end-user and regional landscape.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/scr-power-controllermarket In terms of type of load, resistive loads are anticipated to witness an increasing demand considering their superior current conversion capability and efficient voltage optimization. Steady power supply, prevention of brownouts along with efficient management of power surges are some of the prominent features provided by SCR power controllers, which will instigate the product deployment. Further, resistive load power controllers enable power conservation and facilitates the extension of equipment life, which in turn will stimulate the product penetration globally. Based on phase bifurcation, three phase SCR power controller segment is expected to foresee an elevating adoption rate owing to increasing industrial applications. Three phase controllers can effectively accommodate higher loads and are known to deliver power at a steady and constant rate, which is likely to fuel the product demand. Besides, elevating demand for reliable and digitized control systems for industrial heating applications in the oil & gas and metal industries will further contribute to the segment growth. In terms of end-user, food & beverage segment is estimated to register appreciable gains over the coming years on account of extensive usage of heating equipment for drying, sterilization/pasteurization extrusion, cooking, browning and baking processes. SCR power
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