Global Load Bank Market 2017-2021

  • ID: 4143916
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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until May 31st 2018
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FEATURED COMPANIES

  • Cressall
  • Crestchic
  • Hillstone Load Banks
  • Load Banks Direct (LBD)
  • Power House Manufacturing
  • Powerohm Resistors
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Load Bank

Load banks offer one of the most flexible ways to validate critical power systems and components. Load bank testing of power systems includes validating the operational conditions and output of electrical power systems such as generators, gas turbines, transformers, HVAC systems, UPS, batteries, and relays in various industries like oil and gas, power, healthcare, marine and defense, and telecom. It is also very effective in reducing wet stacking problems, removal of carbon build-up on piston rings, and periodic exercising of stand-by engine generator sets.

The analysts forecast the global load bank market to grow at a CAGR of 2.96% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global load bank market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of load bank.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Load Bank Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Cressall
- Crestchic
- Vertiv

Other prominent vendors
- Load Banks Direct (LBD)
- Powerohm Resistors
- Mosebach Manufacturing Company
- Power House Manufacturing
- Viking Power Systems
- Simplex
- Hillstone Load Banks
- SEPHCO

Market drivers
- Increasing focus on preventive maintenance
- For a full, detailed list, view the full report

Market challenges
- Marine, defense, and aerospace
- For a full, detailed list, view the full report

Market trends
- Growing demand from healthcare sector
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Cressall
  • Crestchic
  • Hillstone Load Banks
  • Load Banks Direct (LBD)
  • Power House Manufacturing
  • Powerohm Resistors
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary

PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global load bank market by application
  • Power generation and T&D
  • Oil and gas
  • Marine, defense, and aerospace
  • Data centers
PART 07: Geographical segmentation
  • Global load bank market by geography
  • APAC
  • EMEA
  • Americas
PART 08: Market drivers
  • Increasing focus on preventive maintenance
  • Mandates on load bank testing
  • Burgeoning demand for energy worldwide
  • Aging power infrastructure in developed countries
  • Increase in CCGT power plants
  • Rise in construction of data centers
  • Growing demand from healthcare sector
PART 09: Market challenges
  • Threat of uncertainty in global economies
  • Deferred oil and gas investments and projects
  • Negative impacts of mismanaged load bank testing
PART 10: Impact of drivers and challenges

PART 11: Market trends
  • Demand for load banks from renewable energy systems
  • Growth in smart grid market
  • Rise in distributed power generation
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Crestchic
  • r
  • Vertiv
  • Cressall
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Key countries in each region
Exhibit 02: Product offerings
Exhibit 03: Types of load banks
Exhibit 04: Key advantages of load bank testing
Exhibit 05: Physical mounting configurations of load banks
Exhibit 06: Global load bank market by application 2016-2021
Exhibit 07: Global load bank market by geography 2016-2021
Exhibit 08: Overview of global load bank market
Exhibit 09: Global load bank market 2016-2021 ($ millions)
Exhibit 10: Five forces analysis
Exhibit 11: Global load bank market by application 2016-2021
Exhibit 12: Global load bank market by power generation and T&D 2016-2021 ($ millions)
Exhibit 13: Global load bank market by oil and gas 2016-2021 ($ millions)
Exhibit 14: Key highlights of petrochemical and chemical sector in India
Exhibit 15: Global load bank market by marine, defense, and aerospace 2016-2021 ($ millions)
Exhibit 16: Countries with highest defense budget 2015 ($ millions)
Exhibit 17: Major drivers for aerospace and defense sector
Exhibit 18: Global air traffic 2004-2016 (%)
Exhibit 19: In-service aircraft reaching 25 years of service life 2015-2025
Exhibit 20: Global load bank market by data centers 2016-2021 ($ millions)
Exhibit 21: Global load bank market by geography 2016-2021
Exhibit 22: Load bank market in APAC 2016-2021 ($ millions)
Exhibit 23: New airplane requirement in China 2015-2034
Exhibit 24: Load bank market in EMEA 2016-2021 ($ millions)
Exhibit 25: Load bank market in Americas 2016-2021 ($ millions)
Exhibit 26: Benefits of preventive maintenance program
Exhibit 27: Comparison between coal-fired and gas-fired plants
Exhibit 28: Share of CCGT in thermal power 2000-2014 (%)
Exhibit 29: Global electricity generation by fuel share 2003
Exhibit 30: Global electricity generation by fuel share 2013
Exhibit 31: Global data center construction market 2015-2020 ($ billions)
Exhibit 32: Total number of registered hospitals in US 2015
Exhibit 33: Private hospital sector in India 2009-2015 ($ billions)
Exhibit 34: Comparison of YoY change in inflation rate and currency value of major countries 2014 to 2015
Exhibit 35: Impact of drivers and challenges
Exhibit 36: Countries with renewable targets and policies 2005
Exhibit 37: Countries with renewable targets and policies 2015
Exhibit 38: Global smart grid market 2015-2020 ($ billions)
Exhibit 39: Product offerings
Exhibit 40: Products offerings
Exhibit 41: Product offerings
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cressall
  • Crestchic
  • Hillstone Load Banks
  • Load Banks Direct (LBD)
  • Power House Manufacturing
  • Powerohm Resistors
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Load Bank Market 2017-2021

The author of the report recognizes the following companies as the key players in the global load bank market: Cressall, Crestchic, and Vertiv

Other Prominent Vendors in the market are: Load Banks Direct (LBD), Powerohm Resistors, Mosebach Manufacturing Company, Power House Manufacturing, Viking Power Systems, Simplex, Hillstone Load Banks, and SEPHCO

Commenting on the report, an analyst from the research team said: “Since the amendment of the Kyoto Protocol in 2012 and the implementation of stringent EU emission standards, governments across countries are working to develop renewable energy sources such as wind, nuclear, and solar energy. These renewable energy sources require alternative electricity transmission systems. The upsurge in the construction of these energy sources has increased the demand for power system testing equipment like load banks. Offshore wind power and solar power represent two of the most prominent renewable energy sources that may impact the market for capacitors. The overview of the installation and their growth potential are mentioned below.”

According to the report, load bank testing is a way of validating the reliability and correct operational performance of power systems. It tests various power systems under load conditions. It is a important part of electrical preventative maintenance program. Preventive maintenance is essential in mission-critical industries such as power, defense, data centers, and healthcare. The rising cost of downtime in such industries is also leading to an increased focus on preventive maintenance. The players in various industries are adopting different preventive maintenance programs in order to ensure reliability of power systems and electrical components.

Further, the report states that fluctuations in global economies (especially in the regions with higher presence of ODMs and OEMs of electrical and electronic devices) squeeze credit availability for manufacturers and raise interest rates. The increase in interest rates leads to high cost of manufacturing, thereby raising the price of the product. Increased prices impact market demand, which may negatively affect the net sales revenue of vendors. The fluctuation of the global economy will also affect the foreign exchange market, impacting the imports and exports of vendors. Load banks are used by the power generation and oil and gas industries, along with other industrial sectors that operate facilities in different parts of the world. As a result, changes in foreign exchange rates can reduce profit margins of global market players.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

  • Cressall
  • Crestchic
  • Vertiv
  • Load Banks Direct (LBD)
  • Powerohm Resistors
  • Mosebach Manufacturing Company
  • Power House Manufacturing
  • Viking Power Systems
  • Simplex
  • Hillstone Load Banks
  • SEPHCO
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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