SCR Power Controller Market Worth 171.3 Million USD by 2023
PUNE, India, November 7, 2017 /PRNewswire/ --
According to the new market research report "SCR Power Controller Market by Type (Three Phase, Single Phase), Load Type (Resistive, Non-Resistive), Control Method (Phase Angle Control, Integral Cycle Switching), Industry (Metals, Glass, Chemicals, Semiconductor), and Region - Global Forecast to 2023", published by MarketsandMarkets™, the market is estimated to be worth USD 130.6 Million in 2017 and is expected to be valued at USD 171.3 Million by 2023, growing at a CAGR of 4.62% between 2017 and 2023.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 62 Market Data Tables and 35 Figures spread through 122 Pages and in-depth TOC on "SCR Power Controller Market"http://www.marketsandmarkets.com/Market-Reports/scr-power-controller-market-231379744.html
Early buyers will receive 10% customization on this report.
The key driving factors for the growth of the SCR power controller market is the rising demand for digitization of SCR power controllers in an industrial environment.
"Three-phase SCR power controllers expected to hold a larger market size, in terms of value, than single-phase power controller during 2017-2023"
Three-phase power controllers have superior load-carrying capacities. High power load systems, such as HVAC systems, are powered using the three-phase power circuit. Most of the industrial applications that include industrial furnaces or heaters use three-phase connections. Thus, the wide acceptance of three-phase controllers across different processes in industries, such as glass, chemicals, metals, food & beverages, and oil & gas, amassed huge installation base globally.
"Phase angle control method likely to dominate the SCR power controller market between 2017 and 2023 owing to the fine resolution of power"
The phase angle control method is very commonly used control method in SCR power controllers. It is commonly used to control fast responding loads, such as tungsten filament lamps or loads in which resistance changes as a function of temperature. The phase angle control method provides a very fine resolution of the power.
Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=231379744
"APAC is expected to drive the growth of the SCR power controller market between 2017 and 2023"
APAC is an emerging market for SCR power controllers. Glass, metals, chemicals, and food & beverages industries are expected to drive the growth of the market in APAC, which is expected to be led by China and India. The growing demand for glass and emphasis on maintaining food quality are some key factors to drive the growth of the market in APAC.
Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=231379744
Honeywell (US), Schneider Electric (France), ABB (Switzerland), Omron (Japan), Advanced Energy Industries (US), Chromalox (US), Gefran (Italy), JUMO (Germany), Siemens (Germany), and Control Concepts (US) are the major players involved in this market.
Browse Related Reports
Temperature Sensors Market by Product Type (Bimetallic, Thermoistor, IC, RTD, Thermocouple, IR, Fiber Optics), End-Use Application (Oil & Gas, Chemical, Refining, HVAC, Automotive, Electrical, and Electronics), and Geography - Global Forecast to 2023
http://www.marketsandmarkets.com/Market-Reports/temperature-sensor-market-522.html
Micro and Nano PLC Market by Type (Micro PLC, Nano PLC), Offering (Hardware, Software, Services), Architecture (Fixed PLC, Modular PLC), Industry (Automotive, Home & Building Automation, Food & Beverages), and Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/micro-nano-plc-market-245311475.html
Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets' flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: [email protected]
Visit our Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Share this article