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Asia Pacific SCR Power Controller Market was valued at USD 92.8 million in 2023 and is anticipated to witness more than 5.7% CAGR between 2024 and 2032. Growing automation across industries to increase the effectiveness and precision various processes coupled with increasing focus toward energy efficiency will augment the industry outlook.
For instance, in June 2024, KKR and GIP, along with GIC, Temasek, BlackRock, Allied Climate Partners and Rockefeller Foundation, have pledged USD 25 billion for clean infrastructure projects in Asia. Moreover, ongoing technological enhancements across semiconductor materials together with shifting focus toward advanced manufacturing processes will complement the industry landscape.
Report Attribute | Details |
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Base Year: | 2023 |
Asia Pacific SCR Power Controller Market Size in 2023: | USD 92.8 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 5.7% |
2032 Value Projection: | USD 152.1 Million |
Historical Data for: | 2021 to 2023 |
No. of Pages: | 75 |
Tables, Charts & Figures: | 14 |
Segments covered: | Load, Phase, Control Method, Current Rating, End Use and Country |
Growth Drivers: |
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Pitfalls & Challenges: |
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