Global Silicon Controlled Rectifier Market Size, Trends & Analysis - Forecasts to 2026 By Technology (DC Gate Triggered Silicon Controlled Rectifier, AC Gate Silicon Controlled Rectifier) By Application (Light Power Control, Motor Control, Light Dimmer, Liquid Level Regulator, Pressure Control System, Others), By Region (North America, Asia Pacific, Europe, Central & South America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Commercial and residential spaces require regulation of voltage and high/low current. As rightfully designed, the silicon-controlled corrective tool helps to fulfill the demand of the devices where high voltage and high power are needed. The requirement of high voltage is needed in scientific, military, and industrial applications. Large-scale operations at industrial sites, which require the use of heavy machinery, high voltage, and current create the space for SCR to grow in such applications.
The introduction of SCR led to the predictions that it would change the face of the electrical industry. SCR is applicable to be used in controlling the motor speed and power conversion in industrial space. Industrial motors are responsible for consuming 50% of electricity on a global scale. Power Conversion in industrial space helps to achieve production efficiencies and the use of SCR in such systems doubles the manufacturing scale.
As the residential space becomes more smarter and modernized with the inclusion of smart meters, smart voice devices, smart AC, and face recognition systems to amp up security in the home space, the need to better regulate the current supplied to such devices becomes a priority. The potential application of SCR in residential spaces includes the control of fan speed, alarm activation, and lighting. The alarm activation domain finds a large end-user base in western countries and has been seeing rising demand from the commercial sector (banks) in India. As the deployment rate rises, the raw material used (SCR) in such systems also rises to lead to better market growth.
The electronic components are prone to damage and failure in case of high current or low voltage leading to heavy losses incurred in industrial as well as residential spaces. Workers’ accidents and automobile accidents due to the failure of components lead to minimal/severe decline in industrial output. But the exploitation of SCR in the protection of the electronic components by providing voltage protection exceeding the limits defined.
The market structure is shaped by the investment in light dimmers. Companies are launching and developing smart dimmers to upgrade the housing space. Smart homes are attracting consumers as they enhance security levels and also comfort. Integration of light dimmers as a plausible candidate in smart homes adds to the market value. Investment in smart homes has been on the rise as companies are actively developing IoT for smart homes. Apple Homekit and Microsoft Insteon are vendors developing the next smart home domain.
Further, the use of digital SCR has grown in the distant past for its applications in the glass industry. Data centers, startups, and businesses operating at a large scale are deploying the SCR to protect the voltage and meet the industry electricity requirements. At the core of the market is the need to build sustainable models of power distribution leading to an effective supply of power in the industrial spaces. High voltage needs are at a persistent rise within the industrial domain leading to increased use of SCR for such needs. Region-wise scenario points towards the rise of Asia Pacific as the biggest consumer of electricity creating a large pool of uses for the SCR. The pick of energy-saving assignments/projects across the globe has the potential to raise the engagement of manufacturers of SCR.
Research journals prioritize the value of the analytical approach in building the market portfolio. International conferences are heavily involved in the publishing of different models of SCR to highlight the importance of the product involved.
The uses are expanding for the SCR and it is becoming an ideal choice for the electric heaters. Electric heaters rising seasonal demand in residential spaces have the potential to fulfill the market demand. SCR offers to improve the shelf life of heaters with little investment. The potential visibility of the market also lies in the investment from the startups and aggressive partnerships between vendors.
The DC type would maintain a dominating position due to its wide use in the growing industrial applications and machinery. Printers, robotic drivers, and the textile industry use the DC motor type. SCR in DC motors is implied to control the speed of such motors. Various manufacturers are also building training systems to better operate the DC motor equipped with the SCR. The purpose of the training is to give hands-on experience to the workers concerning industry standards and perform troubleshoot of the SCR units.
AC type would rise to the market power due to its rising use in data centers, business units in North America, and its ability to reduce electricity costs.
The lighting power control domain would observe a noteworthy use of the SCR. The domain is useful in providing comfort, save energy and reduce the installation cost. The lighting control helps to change the space with required lightning needs. The combination of the controlled lighting with the LED lights helps to transform the space with different light shows. The management of the lighting need provides energy efficiency and a superior illumination experience.
Light Dimmers are seeing an emerging market as the dimming function has the potential to provide comfort, suit the lifestyle changes of people and lead to efficient exploitation use of energy. SCR dimmer is seen as the most preferred, stable, and efficient choice in fulfilling the demand of modern homes and consumers.
North America’s rise to the leadership position is owed to the region’s rising demand for AC motors, and the increasing number of ISO-certified vendors. The region’s expanding distribution network and rising applications of high voltage devices in smart city projects would also benefit the market’s growth.
Asia Pacific is rising as a top player owing to its expanding industrial and residential space. Top companies in the region are innovating with light dimmers to cut down on raw materials and energy. Lutron Electronics tops the industry for light dimmers in the region.
Mouser Electronics, Little Fuse, Powerex, NTE, Central Semiconductor, STMicroelectronics, Fuji Electrics, Arrow, Microsemi, Philips, Lyntec, Power Electronics, ON Semiconductors, SEMIKRON International, Infineon Electronics, Lutron Electronics, and Eaton are few players operating in this market.
Please note: This is not an exhaustive list of companies profiled in the report.
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The Global Silicon Controlled Rectifier Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Silicon Controlled Rectifier Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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