Press release
Thyristor Electric Power Controller Market Grows with Rising Demand in Energy Efficiency
Global Single Phase Thyristor Electric Power Controller Market, By Control Method (Phase Angle Control, Integral Cycle Control), Application (Residential, Commercial, Industrial), Power Capacity (Low, Medium, High), End Use (HVAC, Lighting, Appliances, Others) - Industry Trends and Forecast to 2031.Data Bridge Market Research analyzes that the global single phase thyristor electric power controller market was valued at USD 490.20 million in 2023 and is expected to reach USD 676.05 million by 2031, registering a CAGR of 4.1% during the forecast period of 2024-2031.
Explore Further Details about This Research Single Phase Thyristor Electric Power Controller Market Share Report https://www.databridgemarketresearch.com/reports/global-single-phase-thyristor-electric-power-controller-market
**Segments**
- By Type: The single-phase thyristor electric power controller market can be segmented into analog phase control, phase angle control.
- By End-User: This market can be bifurcated into industrial, commercial, residential.
- By Region: Geographically, the single-phase thyristor electric power controller market is segmented into North America, Europe, Asia-Pacific, South America, Middle East, and Africa.
**Market Players**
- ABB
- Siemens
- Schneider Electric
- OMRON
- Rockwell Automation
- Honeywell International Inc
- Crompton Greaves Ltd
- Larsen & Toubro Limited
- Mitsubishi Electric Corporation
- Fuji Electric Co. Ltd.
The global single-phase thyristor electric power controller market is witnessing substantial growth due to the increasing demand for energy-efficient solutions across various industries. The market is segmented by type into analog phase control and phase angle control. Analog phase control is widely used in commercial applications, while phase angle control is preferred in industrial settings due to its precise control capabilities. Furthermore, the market can be categorized by end-user into industrial, commercial, and residential segments. The industrial segment holds the largest market share as these controllers are extensively used in manufacturing processes to regulate power consumption.
Geographically, the market is divided into North America, Europe, Asia-Pacific, South America, Middle East, and Africa. North America and Europe dominate the market due to the presence of established industries and strict regulations promoting energy efficiency. Asia-Pacific is expected to witness significant growth during the forecast period owing to rapid industrialization and infrastructure development in countries like China and India. The residential segment is also showing promising growth as consumers are increasingly adopting energy-saving technologies to reduce electricity consumption.
Key players in the single-phase thyristor electric power controller market include ABB, Siemens, Schneider Electric, OMRON, Rockwell Automation, Honeywell International Inc, Crompton Greaves Ltd, Larsen & Toubro LimitedThe global single-phase thyristor electric power controller market is highly competitive, with key players constantly innovating to gain a competitive edge. ABB, a prominent player in the market, focuses on developing advanced power control solutions tailored to specific industry requirements. Siemens, another major player, excels in providing comprehensive power management solutions for industrial applications. Schneider Electric is known for its integrated energy management systems that optimize power consumption and enhance operational efficiency. OMRON specializes in precision control technologies, offering reliable thyristor controllers for diverse industrial needs.
Rockwell Automation stands out for its cutting-edge automation solutions that improve process control and productivity. Honeywell International Inc emphasizes energy-efficient solutions that help businesses reduce costs and minimize environmental impact. Crompton Greaves Ltd is a leading manufacturer of electrical equipment, including high-quality thyristor power controllers for industrial and commercial use. Larsen & Toubro Limited offers a wide range of power control products, catering to various sectors such as manufacturing, infrastructure, and utilities. Mitsubishi Electric Corporation is known for its innovative power electronics solutions that ensure reliable and efficient operation in demanding applications. Fuji Electric Co. Ltd is recognized for its state-of-the-art power semiconductors and control systems that deliver optimal performance and reliability.
The single-phase thyristor electric power controller market is driven by the growing need for energy-efficient solutions across industries. The industrial sector, in particular, is a significant contributor to market growth, as businesses strive to enhance productivity while reducing energy consumption. The commercial segment also plays a crucial role in driving market demand, with businesses increasingly adopting thyristor controllers to optimize power usage and lower operational costs. In the residential sector, the adoption of energy-saving technologies is on the rise, further fueling market growth as consumers seek to reduce electricity bills and minimize their carbon footprint.
Geographically, North America and Europe are key markets for single-phase thyristor electric power controllers, owing to their advanced industrial infrastructure and stringent energy regulations. The Asia-Pacific region, led by**Market Players**
- United Automation Limited (U.K.)
- Power Products International (U.K.)
- cdautomation (Italy)
- LUMEL (Poland)
- Ohkura Electric (Japan)
- Optron (France)
- CD Automation UK Ltd (U.K.)
- ELMESS Thermosystemtechnik GmbH & Co. KG (Germany)
- Autonics (South Korea)
The global single-phase thyristor electric power controller market is witnessing significant growth driven by the increasing demand for energy-efficient solutions in various industries. The market is segmented by type into analog phase control and phase angle control, catering to different applications in commercial and industrial settings. The industrial segment dominates the market due to the widespread use of thyristor controllers in manufacturing processes for precise power regulation. In terms of end-users, the market is divided into industrial, commercial, and residential sectors with industrial applications leading in adoption.
Geographically, North America and Europe are prominent markets for single-phase thyristor electric power controllers due to established industries and stringent energy efficiency standards. The Asia-Pacific region is poised for substantial growth with rapid industrialization and infrastructure development in countries like China and India driving market demand. The residential segment is also experiencing growth as consumers embrace energy-saving technologies to reduce electricity consumption and costs.
Key players in the market such as ABB, Siemens, and Schneider Electric are focusing on developing innovative solutions tailored to industry-specific needs, while others like
Table Of Content
1 Introduction
1.1 Objectives Of The Study
1.2 Single Phase Thyristor Electric Power Controller Market Definition
1.3 Overview
1.4 Limitations
1.5 Markets Covered
2 Single Phase Thyristor Electric Power Controller Market Segmentation
2.1 Single Phase Thyristor Electric Power Controller Market Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Dbmr Tripod Data Validation Model
2.6 Multivariate Modeling
2.7 Primary Interviews With Key Opinion Leaders
2.8 Dbmr Single Phase Thyristor Electric Power Controller Market Position Grid
2.9 Dbmr Vendor Share Analysis
2.1 Secondary Sources
2.11 Assumptions
3 Executive Summary.............
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