Scr Power Controller Market Revenue To Hit Usd 423 Million By 2036, Says Research Nester

The global SCR power controller market size is expected to expand at a CAGR of 5% between 2024 and 2036, with a revenue of USD 423 million by the end of 2036. The market growth is driven by the increasing adoption of renewable energy sources and the growing technological advancements. Prominent players in the SCR power controller market include Siemens, Honeywell International, Inc., ABB, Gefran, Omron Corporation, Chromalox, Avatar Instruments, and Jumo. Additionally, the increasing adoption of Industry 4.0 across the globe is expected to boost the market growth.