Market Overview:
The global electronic load limiter 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 electric vehicles and the growing awareness about energy conservation. Additionally, the increase in industrialization and urbanization is also propelling the growth of this market. Based on type, the global electronic load limiter market can be segmented into single-phase electric and three-phase electric. The single-phase electric segment is expected to account for a larger share of the global electronic load limiter market than the three-phase electric segment duringthe forecast period.
Product Definition:
An electronic load limiter is a device used to limit the current drawn by an electronic device. This can be important for a number of reasons, such as preventing an electronic device from drawing too much power and damaging itself, or preventing damage to a power supply due to excessive current draw.
Single-phase Electric:
Single-phase electric is the normal electric current used in household appliances such as coffee makers, toasters, hair dryers and similar consumer products. It is also used in electronic load limiters which are devices that control high power electrical loads and prevent damage to the equipment or building. Single-phase electric has a range of typically 120V up to 240V and its typical load consists of small air conditioners, space heaters, water pumps etc.
Three-phase Electric:
Three-phase electric is an alternative to single-phase electric. It consists of three independent circuits, which are wired in series and provide more power with less load compared to a single circuit. The most important application of threephase electric is in electronic load limiter that limits the maximum amount of current that can flow through any particular wire or cable during short circuit or overload situation.
Application Insights:
The other application segment includes construction equipment, industrial machinery and equipment, marine vessels and oil & gas production. The demand for load limiters in these applications is expected to witness growth owing to the increasing need for safety devices that prevent overloading of electrical systems.
crane was the largest application segment with a revenue share of 33.3% in 2017. The growing requirement for controlling electric power consumption while operating heavy machinery is anticipated to drive the demand from this industry over the forecast period. In addition, increasing investments by companies in order to improve their manufacturing capacity are likely to propel product demand from this sector over the next few years as well.
Elevator was another prominent segment accounting for a significant market share in 2017 due largelyto its wide usage across various industries including building & construction.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market for ELI with a CAGR of XX% from 2018 to 2030 owing to increasing construction activities in the region. The growing manufacturing sector in developing economies including China, India, and Japan will drive demand for elevators and other machinery which will further propel growth. In addition, rising awareness regarding safety norms is anticipated to fuel product demand over the forecast period.
The Asia Pacific region comprises emerging economies such as China and India along with some developed countries such as Australia that have adopted smart grid systems across various industries including transportation & logistics (T&L), energy & power, etc., thus making it one of the most lucrative regions for electronic load limiters market growth over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient devices
- Rising awareness about the benefits of using electronic load limiters
- Growing popularity of smart homes and buildings
- Proliferation of Internet of Things (IoT) and big data analytics
- Development of innovative technologies for electronic load limiters
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Load Limiter Market Research Report
By Type
Single-phase Electric, Three-phase Electric
By Application
Elevator, Crane, Engineering Machinery, Other
By Companies
Siemens, Sensata Technologies, UTILCELL, Block Transformatoren-Elektronik, Airpes Sistemas Integrales de Manutencion, Ace Industries, ITOWA, TRACTEL, SENSY, ADOS, Siemens
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Load Limiter Market Report Segments:
The global Electronic Load Limiter market is segmented on the basis of:
Types
Single-phase Electric, Three-phase Electric
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
Elevator, Crane, Engineering Machinery, Other
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:
- Siemens
- Sensata Technologies
- UTILCELL
- Block Transformatoren-Elektronik
- Airpes Sistemas Integrales de Manutencion
- Ace Industries
- ITOWA
- TRACTEL
- SENSY
- ADOS
- Siemens
Highlights of The Electronic Load Limiter 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:
- Single-phase Electric
- Three-phase Electric
- By Application:
- Elevator
- Crane
- Engineering Machinery
- Other
- 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 Electronic Load Limiter 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.
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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?
An electronic load limiter is a safety device that helps to protect equipment from overloads. It limits the amount of power that can be drawn from an electrical outlet, preventing damage to the equipment and/or injury to people nearby.
Some of the key players operating in the electronic load limiter market are Siemens, Sensata Technologies, UTILCELL, Block Transformatoren-Elektronik, Airpes Sistemas Integrales de Manutencion, Ace Industries, ITOWA, TRACTEL, SENSY, ADOS, Siemens.
The electronic load limiter market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Load Limiter 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 Electronic Load Limiter Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electronic Load Limiter 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 Electronic Load Limiter 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 Electronic Load Limiter Market Size & Forecast, 2018-2028 4.5.1 Electronic Load Limiter Market Size and Y-o-Y Growth 4.5.2 Electronic Load Limiter Market Absolute $ Opportunity
Chapter 5 Global Electronic Load Limiter 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 Electronic Load Limiter Market Size Forecast by Type
5.2.1 Single-phase Electric
5.2.2 Three-phase Electric
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Load Limiter 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 Electronic Load Limiter Market Size Forecast by Applications
6.2.1 Elevator
6.2.2 Crane
6.2.3 Engineering Machinery
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Load Limiter 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 Electronic Load Limiter 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 Electronic Load Limiter Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Load Limiter 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 Electronic Load Limiter Market Size Forecast by Type
9.6.1 Single-phase Electric
9.6.2 Three-phase Electric
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 Electronic Load Limiter Market Size Forecast by Applications
9.10.1 Elevator
9.10.2 Crane
9.10.3 Engineering Machinery
9.10.4 Other
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 Electronic Load Limiter Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Load Limiter 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 Electronic Load Limiter Market Size Forecast by Type
10.6.1 Single-phase Electric
10.6.2 Three-phase Electric
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 Electronic Load Limiter Market Size Forecast by Applications
10.10.1 Elevator
10.10.2 Crane
10.10.3 Engineering Machinery
10.10.4 Other
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 Electronic Load Limiter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Load Limiter 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 Electronic Load Limiter Market Size Forecast by Type
11.6.1 Single-phase Electric
11.6.2 Three-phase Electric
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 Electronic Load Limiter Market Size Forecast by Applications
11.10.1 Elevator
11.10.2 Crane
11.10.3 Engineering Machinery
11.10.4 Other
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 Electronic Load Limiter Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Load Limiter 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 Electronic Load Limiter Market Size Forecast by Type
12.6.1 Single-phase Electric
12.6.2 Three-phase Electric
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 Electronic Load Limiter Market Size Forecast by Applications
12.10.1 Elevator
12.10.2 Crane
12.10.3 Engineering Machinery
12.10.4 Other
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) Electronic Load Limiter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Load Limiter 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) Electronic Load Limiter Market Size Forecast by Type
13.6.1 Single-phase Electric
13.6.2 Three-phase Electric
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) Electronic Load Limiter Market Size Forecast by Applications
13.10.1 Elevator
13.10.2 Crane
13.10.3 Engineering Machinery
13.10.4 Other
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 Electronic Load Limiter Market: Competitive Dashboard
14.2 Global Electronic Load Limiter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Sensata Technologies
14.3.3 UTILCELL
14.3.4 Block Transformatoren-Elektronik
14.3.5 Airpes Sistemas Integrales de Manutencion
14.3.6 Ace Industries
14.3.7 ITOWA
14.3.8 TRACTEL
14.3.9 SENSY
14.3.10 ADOS
14.3.11 Siemens