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Non-resistive segment is projected to surpass USD 85 million by 2032. The ongoing expansion and development of industrial infrastructure, coupled with a growing demand for industrial automation, are shaping the business landscape. These units utilize the phase angle control method to regulate power for non-resistive loads. By managing load voltage and curbing current spikes, these controllers offer precise control, making them particularly suitable for smaller electrical heating equipment. Their precise control capabilities are along with modernization projects across various sectors supports the need for advanced power control solutions further propelling the product adoption.
Phase angle control segment is set to grow owing to increasingly relying on heat processes and the precise adjustment of voltage phase angles across industries including food processing and metallurgy. These units managing power output, limiting current spikes, and ensuring smooth operations, thereby enhancing efficiency and cutting down on energy consumption. Industries that depend on heat processes, are increasingly adopting technologies that allow for precise adjustment of voltage phase angles along with focus to enhance efficiency and reduce energy consumption will augment the industry landscape.
Single phase SCR power controller segment is estimated to witness about 5.5% CAGR through 2032. Rising demand for precise power regulation along with ability to handle high voltage loads and current across commercial and light industrial establishments will complement the business landscape. Ongoing expansion of small-scale industries across various countries coupled with increasing inclination toward energy efficiency and automation across sectors like manufacturing and HVAC systems will positively influence the industry outlook.
China SCR power controller market is predicted to hit USD 75 million by 2032. Rapidly growing industrialization coupled with growing inclination toward increasing energy efficiency and limiting emissions will complement the industry landscape. Furthermore, rising development across industries including petrochemical, oil &gas, food processing among others together with flourishing investments for infrastructure development and shifting focus on digitization will further augment the business landscape.