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Load banks are devices designed to provide electrical loads for testing power sources such as generators and Uninterruptible Power Supplies (UPS). Load banks are also used to reduce "wet stacking" problems in diesel engines of backup generating systems. They are used in a variety of ways including factory testing of generator sets, periodic exercising of standby engine generator sets, battery system testing, ground power testing, load optimization in prime power applications, and factory testing of turbines. The load bank include resistive load bank, inductive load bank, capacitive load bank and manufacturers can provide the resistive/inductive load bank or resistive/inductive/capacitive load bank according to the Client's request.
Scope of the Report:
This report focuses on the Load Bank in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
At present, in the European and American developed countries, the load banks industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in Europe and USA. The European/American based companies, such as Emerson Electric, Northbridge Industrial Services, Simplex, Inc. have more advanced equipment, strong R & D capability, the technical level is in a leading position.
Emerging countries will be more attention to their control of important industries, and therefore will develop related industries to replace existing products. Chinese manufacturers have successfully developed some advanced products, and due to policy the domestic manufacturers will have an optimistic future comparing to the international manufactures.
Currently the global largest external sale manufacturer is: Emerson (Vertiv) their sales revenue market share is over 38%, although recent years a batch of new projects are put into production, in short future, the competition pattern will not change.
With the rapid development of downstream industries, European and American markets still dominate the industry. However, emerging markets such as China will experience faster growth rate.
The worldwide market for Load Bank is expected to grow at a CAGR of roughly 2.9% over the next five years, will reach 190 million US$ in 2023, from 160 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- - Emerson (Vertiv)
- - Simplex
- - Tatsumi Ryoki
- - Kaixiang
- - Northbridge
- - Jovyatlas
- - Sephco Industries
- - Metal Deploye Resistor
- - Mosebach
- - Storage Battery Systems
- - Powerohm (Hubbell)
- - Shenzhen Sikes
- - Pite Tech
- - Greenlight Innovation
- - MS Resistances
- - Thomson
- - Eagle Eye
Market Segment by Regions, regional analysis covers
- - North America (United States, Canada and Mexico)
- - Europe (Germany, France, UK, Russia and Italy)
- - Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- - South America (Brazil, Argentina, Colombia etc.)
- - Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- - Resistive Load Bank
- - Reactive Load Bank
- - Resistive/Reactive Load Bank
Market Segment by Applications, can be divided into
- - Power Generation
- - Government/Military
- - Maritime/Shipyards
- - Oil, Gas, & Nuclear
- - Data Centers
- - Industrial
- - Other
There are 15 Chapters to deeply display the global Load Bank market.
Chapter 1, to describe Load Bank Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Load Bank, with sales, revenue, and price of Load Bank, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Load Bank, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Load Bank market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Load Bank sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source