Additionally, higher efficiency and reliability coupled with precise control during heating processes are some of the key features of Silicon Controlled Rectifiers (SCR) which are likely to augment the market growth.

Considering the heightened product demand, major industry players operating in the market such as Watlow, Schneider Electric, Control Concepts, Advanced Energy Industries, etc. are focused on implementing effective business strategies such new product launch, geographical expansion, mergers and acquisition to gain a strong foothold in the market. For instance, in 2019, Eurotherm by Schneider Electric introduced a real time communication option in its EPack power controller 1PH for providing an enhanced and optimum efficiency. Apparently, this technological advancement helped the company strengthen its product portfolio while offering enhanced solution to its customers.

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The overall SCR power controller market is bifurcated into several segments on the basis of load, phase, end-user and regional landscape.

In terms of type of load, resistive loads are anticipated to witness an increasing demand considering their superior current conversion capability and efficient voltage optimization. Steady power supply, prevention of brownouts along with efficient management of power surges are some of the prominent features provided by SCR power controllers, which will instigate the product deployment. Further, resistive load power controllers enable power conservation and facilitates the extension of equipment life, which in turn will stimulate the product penetration globally.

Based on phase bifurcation, three phase SCR power controller segment is expected to foresee an elevating adoption rate  owing to increasing industrial applications. Three phase controllers can effectively accommodate higher loads and are known to deliver power at a steady and constant rate, which is likely to fuel the product demand. Besides, elevating demand for reliable and digitized control systems for industrial heating applications in the oil & gas and metal industries will further contribute to the segment growth.

In terms of end-user, food & beverage segment is estimated to register appreciable gains over the coming years on account of extensive usage of heating equipment for drying, sterilization/pasteurization extrusion, cooking, browning and baking processes. SCR power controllers, in this regard, offer precise control of heating elements, which is a very crucial part of the food industry.

For instance, SCR power controllers enables precise temperature control in the tunnel furnace used for baking croissants, providing uniformity in the bake. Moreover, it can be installed easily even in a small machine attributing to its compact size and offers reliable operations, which will stimulate the product demand significantly across the small and medium scale facilities.

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Speaking of the regional landscape, Asia Pacific SCR power controller market is projected to observe a commendable growth owing to the rising industrialization across several counties in the region including South Korea, China, India and japan. Development of new industrial bases has considerably increased the demand for heating and temperature control products. Moreover, introduction of new government policies supporting foreign investments in the industrial sector is positively influencing the installations of SCR power controllers.

Partial Chapter of the Table of Content

Chapter 3    SCR power controller Industry Insights

3.1    Industry segmentation

3.2    Industry Ecosystem

3.2.1    Vendor matrix

3.3    Innovation & sustainability

3.3.1    Eurotherm by Schneider electric

3.3.2    Chromalox

3.3.3    OMRON

3.3.4    Control Concepts

3.3.5    JUMO

3.3.6    ABB

3.3.7    Siemens

3.3.8    Advanced Energy Industries

3.4    Regulatory landscape

3.4.1    U.S.

3.4.1.1    Electronic Code of Federal Regulations

3.4.1.2    Information Notice No. 88-57: Potential Loss of Safe Shutdown Equipment Due to Premature Silicon Controlled Rectifier Failure

3.4.1.2.1    Purpose:

3.4.1.2.2    Description of Circumstances:

3.4.1.3    ENERGY EFFICIENCY PROGRAM FOR CONSUMER PRODUCTS AND COMMERCIAL AND INDUSTRIAL EQUIPMENT

3.4.1.3.1    5.7.11.2 CSL 0—Baseline (UEC of 84.6 kWh/yr)

3.4.1.4    UL60947-4-1 CAN/CSA C22.2 NO.60947-4-1-14: Low-Voltage Switchgear and Controlgear - Part 4-1: Contactors and Motor-Starters - Electromechanical Contactors and Motor-Starters, Includes Update No. 1 (2018)

3.4.1.4.1    Scope and object

3.4.1.4.1.1   Scope

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