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SCR Power Controller Market Predicted to Accelerate Growth by 2021 - 2031
SCR Power Controller Market
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Increasing use of SCR power controllers will be boosted by government regulations that emphasize energy-saving when it comes to power use in the industrial sector. This is a lucrative growth opportunity for the market
SCR power controller consists of a thyristor the main component of the controller, a control circuit, a heat dissipation element, and a protective circuit. The heat sensor sends a signal to the temperature controller specifying the amount of heat required by the load. The controller uses this signal to calculate the rate needed to switch the electric current on and off to the heater.
In addition, the semiconductor and general manufacturing sectors require a dependable, adaptable, and precise method to control electric heating operations in today's competitive, price-conscious industrial environment. These applications require precise control, ease of use, and excellent reliability. SCR power controllers are ideal devices for this purpose.
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Compared to alternative controllers such as variable transformers, contactors, or other mechanical devices, SCR power controllers are more reliable and affordable. This factor is projected to create remunerative opportunities for the expansion of the SCR power controller market in the future.
Key players operating in the global SCR power controller market analysis include ABB, Ltd, Advanced Energy Industries, Avatar Instruments, Cd Automation S.r.l., Control Concepts Inc., Chromalox, Honeywell International Inc., JUMO India Pvt. Ltd., RKC Instrument Inc., Spang Power Electronics, SCR Elektroniks Pvt, Ltd., SCHNEIDER ELECTRIC, INC., Siemens, Unison Controls Pvt. Ltd., and Watlow Electric Manufacturing Company.
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Key findings of the study
• By type, the single-phase segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 4.7% from 2022 to 2031.
• By application, the chemical segment is anticipated to register the highest CAGR of 4.9% during the forecast period.
• By region, Asia-Pacific garnered the highest share of 43% in 2021, in terms of revenue, growing at a CAGR of 4.8%.
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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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