According to the research report titled ‘SCR Power Controller Market Size By Load, By Phase, By Control Method, By Current Load , By End-Use, Industry Analysis Report, Regional, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global SCR power controller market is expected to register substantial growth during 2020-2026.
 

Swift urbanization and widespread product adoption across various industry verticals such as semiconductors, oil & gas, plastics and food & beverages are key factors driving the growth of global SCR power controller market. For those uninitiated, silicon-controlled rectifiers (SCR) offer adequate economical means for controlling power.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2969018/
 

The product provides of low maintenance properties, extended heater life, silent operations and decreased peak power consumption, which in turn is adding traction to the overall market size. Additional beneficial attributes such as no sparking or mechanical wear during operations and closer process control are also stimulating global SCR power controller industry trends.
 

Asper current load, >50≤500 A segment is expected to witness substantial growth during the forecast period, primarily due to high adoption rates of industrial heating & temperature control systems for infrared heating applications.
 

Meanwhile, the report cites that >500≤ 1000 A segment is anticipated to showcase commendable growth in the ensuing years, owing to high demand for processed glass and metal products across the globe.
 

Citing the end-user scope, global SCR power controller industry share from semiconductor industry is slated to experience appreciable growth during the analysis timeframe. It is to be noted that the semiconductor sector is a high-speed manufacturing industry vertical that needs low operational downtime during heating applications, which in turn has impelled the demand for the product.
 

Parallelly, plastics end-user segment is expected to grow significantly in the forthcoming years. Growing demand for heating control during plastic processing, varnishing, thermoforming and other applications are favoring the overall market dynamics.
 

Considering the geographical landscape, Europe SCR power controller market is likely to record a strong CAGR through 2026. Supportive regulatory scenario which promotes effective use of electricity coupled with focus towards improving energy efficiency are facilitating the business scenario in Europe.
 

On the other hand, Latin America is predicted to develop as a major revenue generator for worldwide SCR power controller market in the subsequent years. Factors such as rapid urbanization and flourishing industrial sector are augmenting SCR power controller industry remuneration in Latin America.
 

The prominent companies operating in global SCR power controller market are Unison Controls Pvt. Ltd., Lumel S.A., GINO-AKA SAS, AMETEK Inc., Spang Power Electronics, Cristal Controls, Sichuan Injet Electric Co. Ltd., Satronix Ltd., Dydac Controls, Omega Engineering Inc., CD Automation S.r.l., Watlow Electric Manufacturing Co., Advanced Energy Industries Inc., Control Concepts Inc., RKC Instrument Inc., Avatar Instruments Inc., Solcon Engineers Pvt. Ltd., Jumo GmbH & Co. KG, Gefran, OMRON Corporation, Chromalox Inc., Honeywell International Inc., Eurotherm (Schneider Electric), Siemens AG, and ABB Ltd. among others.