SCR Power Controller market set to reach USD 246.11 million by 2032 with increasing demand

From GlobeNewswire: 2025-07-02 09:30:00

The SCR Power Controller Market was valued at USD 171.13 million in 2024, expected to reach USD 246.11 million by 2032 with a CAGR of 4.56%. Demand is driven by energy-efficient industrial processes, increased automation, and renewable integration, addressing sectors like metals, semiconductors, glass, and chemical processing, as well as strict energy regulations and carbon-emission policies.

Single Phase SCR Power Controllers dominate the market with a 60.17% revenue share in 2024, while the Three-Phase segment is the fastest growing at a CAGR of 5.65%. Phase Angle Control holds a major share of approximately 58.07% revenue in 2024, while Zero-Crossing Control is expected to grow at the highest CAGR of 5.47%.

North America led the SCR Power Controller Market in 2024 with 31.31% market share, driven by large scale manufacturing and advanced automation. Asia Pacific is set to have the fastest growth at a CAGR of 5.64% from 2025-2032, fueled by growing industrialization in China and India. Europe and Middle East & Africa also show strong growth, driven by industrial demand and capital intensive industries.

Recent developments include the unveiling of EcoStruxure Electrodynamic Controller by ACHEMA in Dec 2024, and ABB’s announcement of acquiring Gamesa Electric’s power electronics business in Jan 2025. This move aims to strengthen renewable power-conversion portfolios and boost SCR capabilities.

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Read more at GlobeNewswire: SCR Power Controller Market Size to Grow USD 246.11 Million