DUBLIN--(BUSINESS WIRE)--The "SCR Power Controller Market - Global Forecast to 2023" report has been added to Research and Markets' offering.
The SCR power controller market is estimated to be worth USD 130.6 Million in 2017 and is expected to reach USD 171.3 Million by 2023, at a CAGR of 4.62% between 2017 and 2023. The growth of this market is propelled by the rising demand for digitization of SCR power controllers across various applications.
The market for three-phase SCR power controllers is expected to grow at a higher CAGR than that of single-phase SCR power controllers during 2017-2023. Most industrial applications, including industrial furnaces or heaters, use three-phase power controllers. High-power loads, such as heating systems, are powered by three-phase power circuits. Three-phase power controllers have superior current-carrying capacities. Hence, various industries have widely accepted SCR power controllers and amassed huge installation base worldwide.
One of the key restraining factors for the SCR power controller market is the limited know-how pertaining to the operation and maintenance of SCR power controller. Companies that are lacking in-house teams for the maintenance of SCR power controllers face problems regarding the working of the thyristor, its rating, fixing the thyristor, its debugging, and the fixing of a blown fuse. Therefore, these technical issues or the lack of technical knowledge about the handling of SCR power controllers can result in reluctance of investments by mid-sized players, which would also affect the SCR power controller market globally.
- Advanced Energy Industries
- Aka Automatismes
- Avatar Instruments
- CD Automation
- Control Concepts
- Cristal Controls
- RKC Instrument
- Schneider Electric (Eurotherm)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 SCR Power Controller Market, By Type
7 SCR Power Controller Market, By Load Type
8 SCR Power Controller Market, By Control Type
9 SCR Power Controller Market, By Industry
10 SCR Power Controller Market, By Geography
11 Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/m4kllm/scr_power