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.
Technavio’s 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
Technavio's 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 driver
• Increasing focus on preventive maintenance
• For a full, detailed list, view our report
Market challenge
• Marine, defense, and aerospace
• For a full, detailed list, view our report
Market trend
• Growing demand from healthcare sector
• For a full, detailed list, view our 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 our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
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
