Tag Archives: SCR Power Controller Market Methodology

SCR Power Controller Market To Reach A Value Of $171.3 Million Forecast Till 2023

The SCR Power Controller Market is estimated to be worth USD 130.6 Million in 2017 and is expected to reach USD 171.3 Million by 2023, at a CAGR of 4.62% between 2017 and 2023. The growth of this market is propelled by the rising demand for digitization of SCR power controllers across various applications. SCR power controllers are used for temperature regulation. These devices serve industrial processes in which electrical heating is involved. SCR power controllers are used in industries such as glass, chemicals, metals, plastics, textile, semiconductor, and food & beverages.  Companies offering SCR power controller products have adopted the strategies of product launches and developments to compete with each other.

SCR Power Controller Market To Reach A Value Of $171.3 Million Forecast Till 2023

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 – ****** Forecast to 2023″, the SCR power controller 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. 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.