Global Load Bank Market 2017-2021

Global Load Bank Market 2017-2021

  • March 2017 •
  • 70 pages •
  • Report ID: 4796710 •
  • Format: PDF
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.

Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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