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SCR Power Controller Market

Growing Demand for Electronic Device and Energy-efficient Products are Driving the SCR Power Controllers Market

An Analysis of the SCR Power Controllers Market by Single Phase and Three Phase Controllers

SCR Power Controllers Market Outlook (2023 to 2033)

According to Persistence Market Research, the SCR power controllers industry is expected to reach US$ 330 million by 2033. By 2023, the global market for SCR power controllers will reach US$ 166.5 million, with a CAGR of 7.1%.

The silicon controlled rectifier is a type of power controller that controls the flow of electricity in industrial furnaces, ovens, or other thermal processing equipment and produces specific materials effects. As a result, it plays a crucial role in regulating the temperature. Power controllers based on SCR have become increasingly popular in manufacturing industries, because of their high efficiency and unique features from alternative devices such as IGBTs.

Recent years have seen steady growth in the SCR (Silicon-Controlled Rectifier) power controller market. A SCR power controller regulates the temperature of electric heaters with precision and efficiency.

As industrial automation has grown and control systems have become increasingly precise and efficient, the SCR power controller market has seen significant growth. Temperature controllers are widely used in industries such as plastics, automotive, food processing, semiconductor manufacturing, and many others where precision temperature control is important.

Report Attributes Details

SCR Power Controllers Market Size (2023)

US$ 166.5 million

SCR Power Controllers Projected Market Value (2033)

US$ 330 million

SCR Power Controllers Market CAGR (2023 to 2033)

7.1%

United States Market Size (2033)

US$ 106.3 million

China Market Size (2033)

US$ 25.1 million

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2018 to 2022 SCR power Controller Market Outlook Compare to 2022-2033 Forecast

According to Persistence Market Research (PMR), SCR power controller sales grew at a 4.5% CAGR from 2018 to 2022. Between 2023 and 2033, analysts estimate that global sales will grow by 7.1%.

The SCR power controller has improved in both performance and reliability due to continuous advancements in SCR technology. In order to improve functionality and ease of integration with automation systems, manufacturers incorporate digital interfaces, advanced control algorithms, and communications protocols.

With the adoption of renewable energy sources, such as solar and wind power, effective power control systems have become increasingly important. Power controllers for SCRs play an important role in renewable energy applications like power regulation, grid stability, and energy flow management.

The use of reliable and compliant power control systems is required in various industries due to safety regulations and standards. Safety is a major concern when it comes to SCR power controllers, which provide overcurrent protection, short circuit protection, and fault diagnostics, which ensure a safe and secure operation.

Industry 4.0 and IoT concepts are being integrated into industrial processes to impact the SCR power controller market. With communication capabilities, these controllers can now be remotely monitored, data collected, and predictive maintenance can now be performed, resulting in improved operational efficiency.

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What are the Factors Influencing the Growth of SCR Power Controllers?

Growth of Energy-Efficient Devices is expected to expand Demand for SCR Power Controllers

Various manufacturing industries are increasingly using SCR power controllers to regulate temperatures, which is driving market growth. Most manufacturing processes require temperature regulation in order to heat, melt, dry, or form materials. By offering a comprehensive range of connectivity options, SCR power controllers increase the possibility of cost savings.

Due to their requirements for precise temperature control and process stability, chemical, pharmaceutical, and metallurgical industries have driven the demand for SCR power controllers. With these controllers, heaters' power supply can be controlled for consistent performance and reliability.

The efficiency of energy has become the primary concern of industries around the world. SCR Power Controllers reduce energy consumption and optimize heating processes with high efficiency and precise control. Energy efficiency and operational cost reduction have been improved by using SCR power controllers.

A modern SCR power controller offers multiple firing modes, allowing the user to select the most suitable control method based on the application. Selecting firing modes can take technical requirements into account, such as minimizing THD or increasing power resolution. Multiple SCR units can be controlled with advanced control methodologies like mains load optimization, which results in lower energy consumption. All these factors are expected to grow demand for the SCR power controller market.

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Country-wise Insights

What is the Growth Potential of the North American SCR Power Controller Market?

Industrialization and Government Initiatives will Drive Demand for SCR Power Controllers

The SCR power controllers market is expected to be dominated by North America. By 2033, PMR forecasts the North American SCR power controller market to reach US$ 136.29 million. Energy efficiency is a growing concern in industries such as aerospace, automotive, and electronics, which will continue to drive demand for SCR power controllers.

Growing research and development investment by major players has resulted in more efficient power controllers with lower operational costs. In addition, market participants participating in key industries have been able to seize opportunities in recent years. Global technological advancements will likely play a significant role in the industry's development.

The United States is expected to hold 86.80% of the market share for SCR power controllers in 2023. SCR power controllers are expected to generate revenues of US$ 106.3 million in 2033, with a compound annual growth rate of 5.9%.

In the United States, the demand for the glass industry is on the rise, and consumers are paying greater attention to food safety, leading to a significant increase in the market. Growing chemical industries in these regions and the presence of large players are expected to increase demand for SCR power controllers.

Why Sales for SCR Power Controllers are Gaining Traction in Asia Pacific Region?

Increasing Demand for Energy-efficient Technologies and the Growing Industrial Sector to Grow the Market

According to PMR, the Asian market will continue to dominate the SCR power controller market. By 2033, the market for SCR power controllers is expected to reach US$ 72.27 billion. Increasing consumer awareness about SCR power controllers' benefits, consumers are becoming more interested in SCR power controllers, which is driving their demand.

Solar and wind power are becoming more popular sources of renewable energy, resulting in an increase in demand for SCR power controllers. Furthermore, ongoing electrification initiatives in India and China can be expected to drive the demand for these controllers upward with the growth of electronic devices in the market.

PMR estimates that Chinese markets will account for 31.75% of global markets by 2023. A recent report estimates that China will generate US$ 25.1 million by 2033. Between 2023 and 2033, China's demand for SCR power controllers is expected to grow at a CAGR of 8.1%.

Energy demand continues to rise across various industries, particularly in China and India. Furthermore, electric furnaces are expected to be increasingly used for smelting ores, which will drive demand for the product in coming years. Smart grids are evolving and solar power is being used at a larger scale, increasing the need for reliable switching technology. Due to their high accuracy and fast switching capabilities, SCR power controllers have become increasingly popular in recent years.

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Category-wise Insights

What is the Growth Outlook of the Single Phase SCR Power Controller Market?

Growth of HVAC Systems is Expected to Rise Demand for Single Phase SCR Power Controllers

Based on the SCR power controller type, the market is segmented into single phase and three phase. Single phase SCR power controllers are expected to expand at a CAGR of 6.7% over the next few years.

The output voltage of single-phase AC power sources is controlled by single-phase SCR power controllers. There are a wide variety of industries that can benefit from this product, including energy, oil and gas, chemical processing, paper, and pulp, as well as food and beverage processing. As an electronic switch, it is also used in commercial buildings so that HVAC systems, such as heating, ventilation, and air conditioning (HVAC) systems, can be controlled.

Due to their small size, simple installation, and lower initial cost, single phase SCR power controllers are expected to gain greater market share. Due to the growing installation of heating solutions across small and medium-sized businesses, low-current rating components will also be in high demand.

Which Load Type is Expected to Lead the SCR Power Controllers Market?

Non-resistive Load Type is Likely to Drive Sales in the Market

Based on load type, the market is segmented into resistive and non-resistive markets. The market for the non-resistive market is expected to grow at a CAGR of 6.9% during the forecast period.

Power controllers for non-resistive loads will benefit from increased demand from low current applications for efficient power controls. Inductive role heaters and transformer-coupled loads are expected to drive the SCR power controller market.

A rise in demand for low-current applications is further expected to expand the market in the near future. Enhanced monitoring and control devices are replacing electromechanical contractors to prevent surges of high currents in industrial equipment, contributing to the growth of the segment.

Competitive Landscape

SCR power controllers are competitive markets with a diverse competitive landscape, making entry more challenging. In order to accommodate the latest advances in technology, technology vendors are enhancing the platforms' flexibility while improving bandwidth.

A competitive process is also used by the government to award projects to companies. Through mergers and collaborations, the vendors also aim to expand their distribution channels into new markets.

  • In May 2023, STMicroelectronics introduced the ACEPACK SMIT package in five power-semiconductor bridge configurations that simplify assembly and enhance power density. In addition to the STPOWER MOSFET half bridges, STPOWER also offers a 600V ultrafast diode bridge, a 1.2kV thyristor-controlled full-wave rectifier, and a 600V diode bridge leg. The devices can be used as on-board chargers for electric vehicles (OBCs) and DC/DC converters for industrial applications.

SCR Power Controllers Industry Report Scope

Attribute Details

Forecast Period

2023 to 2033

Historical Data Available for

2012 to 2022

Market Analysis

US$ million for Value

Key Countries Covered

  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • Singapore
  • Thailand
  • Indonesia
  • Australia
  • New Zealand
  • GCC Countries
  • South Africa
  • Israel

Key Market Segments Covered

  • Load Type
  • Type
  • Control Method
  • Vertical
  • Region

Key Companies Profiled

  • Schneider Electric
  • Siemens
  • Honeywell
  • ABB
  • Gefran
  • Omron
  • Chromalox
  • Avatar Instruments
  • Jumo
  • Solcon.

Pricing

Available upon Request

SCR Power Controllers Market Outlook

By Load Type:

  • Resistive
  • Non-resistive

By Type:

  • Single Phase
  • Three Phase

By Control Method:

  • Integral Cycle Switching
  • Phase Angle Control

By Vertical:

  • Chemicals
  • Glass
  • Food & Beverages
  • Plastics
  • Semiconductor
  • Oil & Gas
  • Others

By Region:

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

- Companies Covered in This Report -

  • Schneider Electric
  • Siemens
  • Honeywell
  • ABB
  • Gefran
  • Omron
  • Chromalox
  • Avatar Instruments
  • Jumo
  • Solcon

- Frequently Asked Questions -

Globally, the SCR power controllers market was worth US$ 159.6 million by 2022.

SCR power controller revenues are expected to reach US$ 166.5 million by 2023.

SCR power controllers market growth is expected to reach US$ 330 million by 2033.

According to the forecast, the market for SCR power controllers will grow at a CAGR of 7.1% over the next few years.

According to PMR, SCR power controller sales increased by 4.5% between 2018 and 2022.

The single phase type is expected to grow by 6.7% by 2033.

Japan's SCR power controller market is projected to grow at a CAGR of 6.5% over the next few years.

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