The Thyristor (SCR) Power Controller Market is forecasted to grow from USD 13.56 billion in 2018 to USD 19.13 billion by 2026, at a CAGR of 4.3%, during the forecast period. Advancements in technology which is increasing Digitization Power Controllers is the major driving factor of the market. Thyrister Power Controller also known as SRC controller is a switching device which ensures rapid and flexible proportional control of electric power used for applications such as drying, annealing, melting or heating glass, metals or plastics. Thyrister Power Controllers are used in various industries to reduce energy use and use raw materials.
The research report further studies the growth driving and restraining factors impacting the regional market and competitive landscape of the business sphere. The study also offers deeper insights into the challenges and hurdles the established companies and new entrants might face in the Thyrister (SCR) power controller industry.
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Competitive Analysis of the Thyrister (SCR) power controller Market:
The Thyrister (SCR) power controller market is further segmented into key players operating in the Thyrister (SCR) power controller industry. The major companies profiled in the report include Honeywell (US), Advanced Energy Industries (US), ABB (Switzerland), Omron (Japan), Schneider Electric (France), Chromalox (US), CD Automation (Italy), Gefran (Italy), JUMO (Germany), and Control Concepts (US) and others. The Thyrister (SCR) power controller market offers a detailed analysis of the product portfolio, key trends, applications, and a thorough value chain analysis. The report further covers strategic initiatives taken by each player in order to gain a footing in the market and expand their global reach. This includes mergers and acquisitions, product launches, joint ventures, collaborations, government deals, partnerships, and others.
Category Outlook (Revenue, USD Million; 2018-2026)
- Three Phase
- Single Phase
Control Outlook (Revenue, USD Million; 2018-2026)
- Phase Angle Control
- Integral Cycle Switching
End user Outlook (Revenue, USD Million; 2018-2026)
- Industrial furnace
- Glass and Crystal
- Oil & Gas.
The segmentation section offers pivotal insights into revenue generated as well as volume estimations for each product type and application. The report also offers projections about the product or application segment expected to dominate the market in the coming years. It also highlights the trends of the market and offers a granular assessment of the supply chain.
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The report analyzes the market spread across key regions of the world and offers an assessment of the regional market pertaining to the growth rate, sales channels, and revenue generation. Furthermore, the key regions are also assessed for production and consumption rate, import/export, revenue contribution, market share and size, and the market presence of the prominent players in each region.
Key regions analyzed in the report are:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Radical Highlights of the Report:
- Valuable insights about the Global Thyrister (SCR) power controller Market with regards to market size, market share, valuations, and growth rate
- Provides an 8-year forecast for the years 2020-2027, considering 2017 and 2018 as historical years, 2019 as the base year, and 2027 as the forecast year
- Extensive analysis of the technological advancements, government regulatory framework, along with recent R&D and product advancements
- Growth analysis and projections until 2027
- Statistical analysis of the prominent players of the market
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Key Questions Answered by the Report:
- What are the key driving factors of the Thyrister (SCR) power controller industry?
- Which segment and sub-segment are expected to show significant growth during the forecast period?
- What will the market size and growth rate be throughout the forecast period?
- Who are the prominent players of the Thyrister (SCR) power controller industry?
- What are the technological advancements and product developments taking place in the Thyrister (SCR) power controller market?
- Which region is expected to dominate the market in the coming years?
- What are the key outcomes of the SWOT analysis and Porter’s Five Forces analysis?
- What are the key risk factors and challenges the companies will face in the market?
- What factors are expected to hinder the growth of the Thyrister (SCR) power controller industry
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