Market Overview:
The global DC load banks market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for power supply, military, and industrial applications. Additionally, the growing demand for data centers is also contributing to the growth of this market. The global DC load banks market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into under 100V, 100-500V, and above 500V segments. The application segment includes power supply systems; military equipment; industrial equipment such as welding machines or motors; and other applications such as telecommunications or medical devices etcetera . Regionally speaking ,the global DC load banks market is dominated by North America followed by Europe .
Product Definition:
A DC load bank is a device that applies an electrical load to a power source in order to test or evaluate the power source. Load banks are typically used with generators, but can also be used with other types of power sources. The purpose of a DC load bank is to apply an artificial load to the generator in order to simulate real-world loads. This allows the generator's output voltage and current characteristics to be evaluated under actual working conditions.
Under 100V:
Under 100V, it's usage and growth factor in DC Load Banks market is expected to witness significant growth over the forecast period. The factors that propel the market demand include growing urbanization and industrialization across developing economies such as China, India, Brazil and Middle East countries. Moreover, increasing government initiatives towards smart city development in various regions including North America & Europe also plays a vital role in promoting industry expansion.
100-500V:
The 100-500V segment is expected to grow at a CAGR of XX% from 2017 to 2024. The growth can be attributed to the increasing adoption of electric vehicles and industrial automation systems across various industries such as oil & gas, manufacturing, and construction.
100-500V is the range where most of the equipment are installed these days.
Application Insights:
The power supply application segment dominated the global demand with a share of over 40.0% in 2017. The growth can be attributed to the growing demand for clean energy and increasing investments by governments in renewable energy projects across the globe. For instance, China has announced plans to invest USD 55 billion in wind and solar power generation projects which is expected to drive market growth over the next five years.
The military application segment accounted for a significant share owing to various factors such as high reliability requirements, stringent safety standards and regulations on protection against electric shock hazards during transportation & handling of sensitive equipment & weapons systems among others.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of key power electronics manufacturers such as Fairchild, InteliMash, and Texas Instruments. These players are focusing on manufacturing high-quality DC load banks for various applications across North America. Moreover, increasing demand for energy storage systems is also expected to drive regional market growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising industrialization and expanding military operations across countries such as China and India among others would boost product demand across Asia Pacific region during the forecast period (2018 - 2030). Furthermore, growing awareness regarding renewable energy sources is expected fuel regional product demand during future years. Increasing government initiatives towards adoption of clean energy sources are further driving this trend across various countries within Asia Pacific region which would subsequently drive industry expansion over next eight years (2018 To 2030).
Growth Factors:
- Increasing demand for data centers and rising need for uninterrupted power supply
- Proliferation of electric vehicles and growing demand for charging infrastructure
- Stringent government regulations on energy consumption and emissions
- Growing popularity of renewable energy sources such as solar and wind power
- Development of next-generation battery technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
DC Load Banks Market Research Report
By Type
Under 100V, 100-500V, Above 500V
By Application
Power Supply, Military, Industrial, Others
By Companies
Storage Battery Systems, Eagle Eye Power Solutions, METAL DEPLOYE RESISTOR, Shenzhen Sikes Electric, DEKAL LOAD BANKS, Simplex, ASCO Power Technologies, Greenlight Innovation, Crestchic, Chroma
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global DC Load Banks Market Report Segments:
The global DC Load Banks market is segmented on the basis of:
Types
Under 100V, 100-500V, Above 500V
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Supply, Military, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Storage Battery Systems
- Eagle Eye Power Solutions
- METAL DEPLOYE RESISTOR
- Shenzhen Sikes Electric
- DEKAL LOAD BANKS
- Simplex
- ASCO Power Technologies
- Greenlight Innovation
- Crestchic
- Chroma
Highlights of The DC Load Banks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Under 100V
- 100-500V
- Above 500V
- By Application:
- Power Supply
- Military
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the DC Load Banks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A DC load bank is a device that can be used to simulate the loading and unloading of electrical loads. This type of equipment is often used in testing and simulation applications.
Some of the major players in the dc load banks market are Storage Battery Systems, Eagle Eye Power Solutions, METAL DEPLOYE RESISTOR, Shenzhen Sikes Electric, DEKAL LOAD BANKS, Simplex, ASCO Power Technologies, Greenlight Innovation, Crestchic, Chroma.
The dc load banks market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 DC Load Banks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 DC Load Banks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 DC Load Banks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the DC Load Banks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global DC Load Banks Market Size & Forecast, 2020-2028
4.5.1 DC Load Banks Market Size and Y-o-Y Growth
4.5.2 DC Load Banks Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Under 100V
5.2.2 100-500V
5.2.3 Above 500V
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Power Supply
6.2.2 Military
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global DC Load Banks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 DC Load Banks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Under 100V
9.6.2 100-500V
9.6.3 Above 500V
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Power Supply
9.10.2 Military
9.10.3 Industrial
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Under 100V
10.6.2 100-500V
10.6.3 Above 500V
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Power Supply
10.10.2 Military
10.10.3 Industrial
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Under 100V
11.6.2 100-500V
11.6.3 Above 500V
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Power Supply
11.10.2 Military
11.10.3 Industrial
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Under 100V
12.6.2 100-500V
12.6.3 Above 500V
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Power Supply
12.10.2 Military
12.10.3 Industrial
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Under 100V
13.6.2 100-500V
13.6.3 Above 500V
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Power Supply
13.10.2 Military
13.10.3 Industrial
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 DC Load Banks Market: Competitive Dashboard
14.2 Global DC Load Banks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Storage Battery Systems
14.3.2 Eagle Eye Power Solutions
14.3.3 METAL DEPLOYE RESISTOR
14.3.4 Shenzhen Sikes Electric
14.3.5 DEKAL LOAD BANKS
14.3.6 Simplex
14.3.7 ASCO Power Technologies
14.3.8 Greenlight Innovation
14.3.9 Crestchic
14.3.10 Chroma
