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Asia Pacific SCR Power Controller Market Trends

Report ID: GMI10720
Published Date: Aug 2024
Report Format: PDF

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Asia Pacific SCR Power Controller Market Trends

Asia Pacific SCR power controller industry is anticipated grow on account of rapidly increasing industrialization and increasing energy consumption across various industrial sectors. Flourishing investments for industrial development across developing countries and stringent regulatory landscape for industrial infrastructure to limit emissions is complementing the industry landscape. Moreover, implementation of energy efficiency standards along with shifting inclination toward adoption of enhanced technologies will positively influence the business dynamics.

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size of Asia Pacific SCR power controller was worth over USD 92.8 million in 2023 and is anticipated to experience 5.7% CAGR through 2032, due to the growing automation across industries to increase the effectiveness and precision of various processes.

Asia Pacific single phase SCR power controller market is anticipated to witness over 5.5% CAGR through 2032, owing to rising demand for precise power regulation along with the ability to handle high voltage loads and current across commercial and light industrial establishments

China SCR power controller industry size is set to exceed USD 75 million by 2032, due to rapid industrialization coupled with the growing inclination toward increasing energy efficiency and limiting emissions.

ABB, Advanced Energy, AMETEK. Inc., Chromalox, Control Concepts Inc., Dongguan Xingqian Electronic Technology Co., Ltd., Gefran SpA, GINO AG, Jumo Automation (Dalian) Co., Ltd., LUMEL S.A., and OMRON Corporation