Global Single Phase Thyristor Electric Power Controller Market, By Control Method (Phase Angle Control, Integral Cycle Control), Application (Residential, Commercial, Industrial), Power Capacity (Low, Medium, High), End Use (HVAC, Lighting, Appliances, Others) - Industry Trends and Forecast to 2031.
Single Phase Thyristor Electric Power Controller Market Analysis and Size
The single phase thyristor electric power controller market is expected to grow at a significant rate in the coming years, due to the increasing demand for efficient and precise control of electric power in various applications. Thyristor electric power controllers are semiconductor devices that can switch on and off the electric current in a circuit, thereby regulating the voltage, current, power, and temperature of the load. Thyristor electric power controllers have advantages such as high reliability, low maintenance, fast response, and compatibility with different types of loads.
Data Bridge Market Research analyzes that the global single phase thyristor electric power controller market was valued at USD 490.20 million in 2023 and is expected to reach USD 676.05 million by 2031, registering a CAGR of 4.1% during the forecast period of 2024-2031. Single Phase Thyristor Electric Power Controller display segments account the highest market share due to as they can improved power factor, reduced harmonics, and enhancing the stability of the system. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024-2031
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Base Year
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2022
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Historic Years
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2021 (Customizable 2016-2021)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Control Method (Phase Angle Control, Integral Cycle Control), Application (Residential, Commercial, Industrial), Power Capacity (Low, Medium, High), End Use (HVAC, Lighting, Appliances, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of the Middle East and Africa
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Market Players Covered
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United Automation Limited (U.K.), Power Products International (U.K.), cdautomation (Italy), LUMEL (Poland), Ohkura Electric (Japan), Optron (France), CD Automation UK Ltd (U.K.), ELMESS Thermosystemtechnik GmbH & Co. KG (Germany), CHAUVIN ARNOUX (France), Autonics (South Korea)
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Market Opportunities
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Market Definition
A single phase thyristor electric power controller is a device that regulates the power output of an alternating current (AC) circuit by controlling the firing angle of a thyristor. A thyristor is a semiconductor switch that can turn on or off the current flow in a circuit. By changing the firing angle, the controller can adjust the amount of time that the thyristor is on or off in each cycle of the AC waveform, thus varying the effective voltage and power delivered to the load. Single phase thyristor electric power controllers are widely used in industrial applications such as heating, lighting, and motor speed control.
Global Single Phase Thyristor Electric Power Controller Market Dynamics
Driver
- Increasing focus on protective measures
One of the key factors that contribute to the expansion of the market is the rising demand for protective measures. These measures help to prevent overcurrent, short circuit, and voltage fluctuations that can damage electrical equipment and devices. Single phase thyristor electric power controllers are devices that can regulate the power output of single phase AC loads by adjusting the firing angle of thyristors. They offer advantages such as high efficiency, precise control, and low maintenance. Therefore, they are widely used in various applications such as heating, lighting, and motor speed control.
Opportunity
- Technological advancements in single phase thyristor electric power controller
The market is projected to witness significant growth in the coming years due to the technological advancements in this field. Thyristors are semiconductor devices that can control the flow of electric power by switching on or off rapidly. They are widely used in applications such as motor speed control, lighting dimming, and power conversion. The latest developments in thyristor technology include higher voltage and current ratings, improved switching performance, and enhanced reliability. These features enable the single phase thyristor electric power controller to offer more precise and efficient power control, reduce energy consumption and emissions, and extend the lifespan of the equipment.
Restraint/ Challenge
- High cost associated with single phase thyristor electric power controller
One of the factors that may hinder the expansion of the market is the high cost involved in its production and installation. This cost may deter potential customers from adopting this technology, especially in developing regions where the demand for affordable and reliable power solutions is high. Therefore, reducing the cost and increasing the efficiency of single phase thyristor electric power controller is a key challenge for the market players.
This single phase thyristor electric power controller market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the single phase thyristor electric power controller market, contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Global Single Phase Thyristor Electric Power Controller Market Scope
The single phase thyristor electric power controller market is segmented on the basis of control method, application, power capacity, and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Control Method
- Phase Angle Control
- Integral Cycle Control
Application
- Residential
- Commercial
- Industrial
Power Capacity
- Low
- Medium
- High
End Use
- HVAC
- Lighting
- Appliances
- Others
Global Single Phase Thyristor Electric Power Controller Market Region Analysis/Insights
The single phase thyristor electric power controller market is analyzed and market size insights and trends are provided by country, control method, application, power capacity, and end use as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and rest of Middle East and Africa.
Asia-Pacific is expected to dominate and be the fastest growing region in the market due to Increasing research and development activities in countries such as China, Japan, India, and South East Asia region is acting as major driver of market growth.
The country section of the market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Semiconductor Infrastructure growth Installed base and New Technology Penetration
The single phase thyristor electric power controller market also provides you with a detailed market analysis for every region’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the single phase thyristor electric power controller market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the single phase thyristor electric power controller market. The data is available for the historic period 2012-2022.
Competitive Landscape and Global Single Phase Thyristor Electric Power Controller MarketShare Analysis
The single phase thyristor electric power controller market is analyzed, and market size information is provided by country, product type & application. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the single phase thyristor electric power controller market.
Some of the major players operating in the single phase thyristor electric power controller market are:
- United Automation Limited (U.K.)
- Power Products International (U.K.)
- cdautomation (Italy)
- LUMEL (Poland)
- Ohkura Electric (Japan)
- Optron (France)
- CD Automation UK Ltd (U.K.)
- ELMESS Thermosystemtechnik GmbH & Co. KG (Germany)
- CHAUVIN ARNOUX (France)
- Autonics (South Korea)
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