Load Bank Market Share by Manufacturers, Types and Current Scenario 2018-2025
30th November 2018 - Global Load Bank Market is expected to grow at
a significant CAGR in the upcoming years as the scope, product types, and its
applications are increasing across the globe. To validate the critical power
systems and components the Load banks offer one of the most flexible ways. It
includes validating the output of electrical power system such as generators,
gas turbines, UPS, transformers, batteries HVAC systems, and relays in numerous
industries such as power, oil and gas, marine, healthcare, defense, and
telecom, and operational conditions. It also helps in the removal of carbon
build-up on piston rings, periodic exercising of stand-by engine generator
sets, and wet stacking problems.
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Load Bank Market is categorized based on product type,
applications, and geography. Load Bank Market is categorized based on product
types into portable, trailer mounted, stationary. Load Bank Market is
categorized based on applications into power generation, oil, gas and nuclear,
government/military, data centers, industrial, and others. The transmission,
power generation and distribution (T&D) segment accounted for the high
majority market share in the last few years and will continue to do so in the
upcoming years.
The major manufacturers covered in
this report
•
Emerson (Vertiv)
•
Simplex
•
Tatsumi Ryoki
•
Kaixiang
•
Northbridge
•
Jovyatlas
•
Load Banks Direct
•
Sephco Industries
•
Metal Deploye Resistor
•
Mosebach
•
Storage Battery Systems
•
Powerohm (Hubbell) and many others
On
the basis of product, this report displays the production, revenue, price,
market share and growth rate of each type, primarily split into
• Resistive Load Bank
• Reactive Load Bank
• Resistive/Reactive Load Bank
On
the basis of the end users/applications, this report focuses on the status and
outlook for major applications/end users, consumption (sales), market share and
growth rate for each application, including
• Power Generation
• Government/Military
• Maritime/Shipyards
• Oil, Gas, & Nuclear
• Data Centers
• Industrial
• Other
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Load
Bank Market is categorized based on geography into Asia Pacific (China, India,
ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC
countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America
(Brazil, Rest of Latin America), Western Europe (Germany, Italy, France,
England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia,
Rest of Eastern Europe).
In
terms of geography, Americas accounted for the highest market share and will
continue to dominate the market in the upcoming period. The rising demand for
the power system testing in the region due to the restoration of power grids in
the U.S. will propel the demand for load banks.
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