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EMEA SCR Power Controller Market size was valued at over USD 45.9 million in 2023 and the industry is projected to observe a substantial growth at a rate of 5.2% 2032. The demand for SCR power controllers has witnessed a significant momentum, driven by the growing imperative for efficient power management solutions across various industries.
These units are essential to industrial operations, as these controllers offer precise and dependable regulation of electrical loads, especially for heating elements, ensuring optimal performance and reliability. Furthermore, the increasing implementation of energy efficiency standards, coupled with increasing environmental awareness, is anticipated to further propel market expansion.
The installation of these units can enhance process reliability, reduce commissioning time, minimize energy costs, and enhance operational efficiency for various industrial heating processes. In addition, government measures toward the expansion of key manufacturing sectors along with the participation of financial institutions toward infrastructure development are driving the industrial sector growth, which, in turn, will complement the product deployment.
For instance, in May 2022, the launch of the Digital FDI initiative by the EU, provided countries a platform to draw foreign direct investments specifically aimed at fostering digital transformation across diverse sectors. In addition, the European Commission unveiled its "Path to the Digital Decade" initiative, setting an ambitious goal for the integration of digital technologies in 90% of Europe's small and medium enterprises by 2030. These factors along with focus on energy optimization are promoting product adoption across various industries.
A Silicon Controlled Rectifier (SCR) power controller, also referred to as a thyristor power controller, is a device used for temperature regulation in heating processes across various industries. It controls the flow of electricity from the grid and delivers it to the heating device in a regulated & controlled manner. Manufacturers in the industry are continually enhancing the efficiency and reliability of SCR power controllers, cementing their pivotal role in process control and advanced industrial automation systems.
Report Attribute | Details |
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Base Year: | 2023 |
EMEA SCR Power Controller Market Size in 2023: | USD 45.9 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 5.2% |
2032 Value Projection: | USD 72.3 Million |
Historical Data for: | 2019 - 2023 |
No. of Pages: | 330 |
Tables, Charts & Figures: | 606 |
Segments covered: | Load, Phase, Control Method, Current Rating, End Use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The COVID-19 pandemic has significantly influenced the market size of SCR power controller. The pandemic triggered a decline in manufacturing operations, facility shutdowns, labor shortages, and disruptions in supply chains. Despite the challenges, industry players have proactively implemented innovative strategies to mitigate these challenges, ensuring continuity in production and fostering a promising trajectory for industry’s expansion.
The EMEA SCR power controller industry is anticipated to witness significant growth, owing to the increasing industrialization and growing emphasis on energy efficiency. The industry expansion is further fueled by a shifting focus on energy conservation, governmental mandates for efficient electricity use in industries, and escalating demand for SCR power controller across diverse industries. For instance, in November 2023, the European Council and Parliament forged a provisional agreement on a pivotal legislation concerning critical raw materials. The forthcoming regulations are designed to enhance and broaden the EU’s access to essential raw materials, reinforce circular economy principles, emphasizing recycling and sustainable resource management.
In addition, it also aims to foster advancements in research and innovation, focusing on resource efficiency and the exploration of viable alternatives and strengthen the EU's strategic autonomy. Moreover, the ability of these units to ensure both cost-effectiveness and superior quality, further positively influencing robust industry growth in the upcoming forecast period.
SCR power controllers play a pivotal role in industrial manufacturing processes utilizing electrical heating, as they stand out for their versatility, precision, energy efficiency, and compact design. The industry is anticipated to witness significant growth in the forecasted period, driven by the rising need to sustain production levels and deliver precise manufactured products. For instance, Germany launched the National Industrial Efficiency Plan 2023-2025, emphasizing energy audits, digital transformation, and investments in cutting-edge technologies. These units can achieve efficiency levels surpassing 99.5% while minimizing heat dissipation during heating operations, further augmenting the product adoption. These units ate renowned for their superior reliability, heightened efficiency, and advanced control functionalities, are poised to surpass existing limitations, thereby enhancing the overall industry outlook.
Based on load, the market is divided into resistive and non-resistive load. The resistive load segment has witnessed a revenue of over USD 19 million in 2023 and is anticipated to observe significant growth owing to the ability of these units to seamlessly and consistently regulating power across diverse resistive heating load banks, the industry is experiencing enhanced operational efficiency and control. Moreover, the availability of these units suitable for resistive loads across glass, metal, and ceramic manufacturing sectors has further propelled business growth.
The EMEA SCR power controller market from non-resistive load segment is projected to observe significant growth by 2032. Non-resistive loads employ phase angle control to regulate power, effectively managing voltage surges and reducing current spikes in SCR power controllers. This precision makes them ideal for applications demanding lower current, particularly in smaller electrical heating equipment. The technology's enhanced control capabilities are poised to reshape the SCR power controller market, especially within the non-resistive segment. The increasing adoption of advanced monitoring and control devices over traditional electromechanical contractors, aimed at safeguarding industrial equipment from high current surges, will further fuel the industry dynamics.
The EMEA SCR power controller market from metal segment has witnessed a market share of 26.1% in 2023. The escalating demand for digitalized control systems in the metal industry is poised to significantly drive market growth. Additionally, the reduction in operational downtime due to these advancements is a pivotal factor propelling the adoption of SCR power controllers in the forecasted period. Manufacturers are also aiming for mergers and acquisitions to gain their competitive edge and introduce innovative solutions in the industry.
For instance, In June 2022, Watlow Electric Manufacturing Company entered into a strategic agreement to acquire Eurotherm from Schneider Electric. This move aimed to capitalize on Eurotherm's specialized knowledge in power, process, and temperature control solutions, further enhancing Watlow's portfolio and capabilities in the industry. Moreover, SCR power controllers contribute to energy efficiency in the metal industry by optimizing power usage and reducing wastage, leading to cost savings and environmental benefits.
The semiconductor industry emerges as the one of the growing segments within the EMEA SCR power controller market. The industry's expansion, coupled with technological innovations, serves as a primary catalyst for this upsurge. Given the intricate nature of semiconductor manufacturing and the imperative for meticulous temperature regulation, the role of SCR power controllers becomes indispensable. As semiconductors continue to drive the digital transformation, the demand for these controllers within this sector is anticipated to escalate, further augmenting their adoption as the market's most rapidly expanding end use sector.
The EMEA SCR power controller market from phase angle control method segment is projected to achieve a robust growth of over 5% by 2032, attributed to its precise temperature regulation capabilities across various heating applications. Additionally, the user-friendly interface linked with this control approach facilitates efficient power delivery and delay to the load, further propelling the business dynamics. The ongoing expansion in industries such as oil & gas, food, and plastics is set to fuel the industry dynamics of phase angle control method for SCR power controllers.
Integrated cycle switching, also known as zero crossover firing, operates specifically when the voltage's instantaneous value is zero. This control method is best suited for resistive loads that can handle rapid and complete power cycling. It's commonly employed in various heating equipment like kilns, ovens, and dryers. With rising heating needs in key industries and the versatility of thyristor units, the adoption of this control method is set to grow, especially when compared to alternatives like contractors. Moreover, the increasing demand for power controllers in high-capacity heating products will further boost its adoption.
The EMEA SCR power controller industry is highly fragmented owing to the presence of several market players. Major companies operating in the market are ABB, Fuji Electric, Advanced Energy Industries and AMETEK.Inc. accounting majority of the market share in the year 2023. Governments of several nations are also introducing enabling policies to attract more foreign participation in the industrial sector, providing a positive impact on power controller installations and the geographical expansion of key players are anticipated to intensify the market competition over the forecast timeframe.
Leading manufacturers in the EMEA SCR power controller industry are activity intensifying their efforts through strategic alliances, facility expansion, partnerships and mergers and acquisitions. These initiatives aim to fortify their market position and further influencing the industry growth by introducing advanced and innovative technologies, thus propelling the business landscape.
Key players operating across the industry include:
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By Load, 2019 – 2032 (Units & USD Million)
By Phase, 2019 – 2032 (Units & USD Million)
By Control Method, 2019 – 2032 (Units & USD Million)
By Current Rating, 2019 – 2032 (Units & USD Million)
By End Use, 2019 – 2032 (Units & USD Million)
The above information has been provided for the following regions and countries: