Market Overview:
The global resistive load bank 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 generation, government/military, maritime/shipyards, oil, gas and nuclear applications and data centers. Additionally, the growing industrial sector is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period.
Product Definition:
A resistive load bank is a device that is used to create a simulated electrical load. This type of load bank is important because it allows for the testing of generators and other power systems under actual operating conditions.
Portable:
Portable is a device that can be transported from one place to another without being disassembled or put together. It has certain advantages over fixed resistive load banks such as it's usage of energy sources, flexibility in terms of location and type of operation, and the ability to handle varying resistive loads.
Trailer Mounted:
The global trailer-mounted and its usage in Resistive Load Bank market size was valued at USD 6.0 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period on account of increasing demand for construction equipment, particularly from Asia Pacific and Middle East & Africa regions due to rapid infrastructure development activities coupled with growing urbanization trends across various countries including India, China, Brazil, South Africa and Saudi Arabia.
Application Insights:
The power generation segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for electricity from residential, commercial, and industrial sectors is anticipated to drive resistive load banks market growth over the forecast period.
Power generation application accounted for a major share of 37.5% in terms of revenue on account of high demand across end-use industries such as data centers, IT offices/ITXOs, telecoms & ITU houses and government offices coupled with rising investments by public sector units (PSUs) in power generation plants across India and China are expected to drive resistive load bank industry growth over the next eight years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid industrialization, which has resulted in an increasing demand for Resistive Load Banks across various industries. Furthermore, government initiatives encouraging domestic manufacturing activities are anticipated to further drive the industry growth over the next eight years.
The North America market was valued at USD X million in 2017 and is projected to witness significant growth during the forecast period owing to several major projects under construction or implementation that will require usage of RLBs for testing purposes such as nuclear power plants (NPPs) and other large scale power generation facilities across U.S., Canada, Mexico, etc.; along with a rise in military spending by countries including U.S.
Growth Factors:
- Increasing demand for electric vehicles
- Growing investments in renewable energy sources
- Rising concerns over grid security and resilience
- Proliferation of smart grids and microgrids
- Accelerating deployment of distributed energy resources
Scope Of The Report
Report Attributes
Report Details
Report Title
Resistive Load Bank Market Research Report
By Type
Portable, Trailer Mounted, Stationary
By Application
Power Generation, Government/Military, Maritime/Shipyards, Oil, Gas, & Nuclear, Data Centers, Industrial, Others
By Companies
Emerson (Vertiv), Simplex, Tatsumi Ryoki, Kaixiang, Northbridge, Jovyatlas, Load Banks Direct, Sephco Industries, Metal Deploye Resistor, Mosebach, Emerson (Vertiv), Powerohm (Hubbell), Shenzhen Sikes, Pite Tech, Greenlight Innovation, MS Resistances, Thomson, Eagle Eye
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Resistive Load Bank Market Report Segments:
The global Resistive Load Bank market is segmented on the basis of:
Types
Portable, Trailer Mounted, Stationary
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 Generation, Government/Military, Maritime/Shipyards, Oil, Gas, & Nuclear, Data Centers, 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:
- Emerson (Vertiv)
- Simplex
- Tatsumi Ryoki
- Kaixiang
- Northbridge
- Jovyatlas
- Load Banks Direct
- Sephco Industries
- Metal Deploye Resistor
- Mosebach
- Emerson (Vertiv)
- Powerohm (Hubbell)
- Shenzhen Sikes
- Pite Tech
- Greenlight Innovation
- MS Resistances
- Thomson
- Eagle Eye
Highlights of The Resistive Load Bank 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:
- Portable
- Trailer Mounted
- Stationary
- By Application:
- Power Generation
- Government/Military
- Maritime/Shipyards
- Oil, Gas, & Nuclear
- Data Centers
- 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 Resistive Load Bank 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?
A resistive load bank is a device used to measure the electrical resistance of a material.
Some of the key players operating in the resistive load bank market are Emerson (Vertiv), Simplex, Tatsumi Ryoki, Kaixiang, Northbridge, Jovyatlas, Load Banks Direct, Sephco Industries, Metal Deploye Resistor, Mosebach, Emerson (Vertiv), Powerohm (Hubbell), Shenzhen Sikes, Pite Tech, Greenlight Innovation, MS Resistances, Thomson, Eagle Eye.
The resistive load bank 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 Resistive Load Bank 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 Resistive Load Bank Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Resistive Load Bank 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 Resistive Load Bank 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 Resistive Load Bank Market Size & Forecast, 2018-2028 4.5.1 Resistive Load Bank Market Size and Y-o-Y Growth 4.5.2 Resistive Load Bank Market Absolute $ Opportunity
Chapter 5 Global Resistive Load Bank 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 Resistive Load Bank Market Size Forecast by Type
5.2.1 Portable
5.2.2 Trailer Mounted
5.2.3 Stationary
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Resistive Load Bank 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 Resistive Load Bank Market Size Forecast by Applications
6.2.1 Power Generation
6.2.2 Government/Military
6.2.3 Maritime/Shipyards
6.2.4 Oil
6.2.5 Gas
6.2.6 & Nuclear
6.2.7 Data Centers
6.2.8 Industrial
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Resistive Load Bank 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 Resistive Load Bank 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 Resistive Load Bank Analysis and Forecast
9.1 Introduction
9.2 North America Resistive Load Bank 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 Resistive Load Bank Market Size Forecast by Type
9.6.1 Portable
9.6.2 Trailer Mounted
9.6.3 Stationary
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 Resistive Load Bank Market Size Forecast by Applications
9.10.1 Power Generation
9.10.2 Government/Military
9.10.3 Maritime/Shipyards
9.10.4 Oil
9.10.5 Gas
9.10.6 & Nuclear
9.10.7 Data Centers
9.10.8 Industrial
9.10.9 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 Resistive Load Bank Analysis and Forecast
10.1 Introduction
10.2 Europe Resistive Load Bank 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 Resistive Load Bank Market Size Forecast by Type
10.6.1 Portable
10.6.2 Trailer Mounted
10.6.3 Stationary
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 Resistive Load Bank Market Size Forecast by Applications
10.10.1 Power Generation
10.10.2 Government/Military
10.10.3 Maritime/Shipyards
10.10.4 Oil
10.10.5 Gas
10.10.6 & Nuclear
10.10.7 Data Centers
10.10.8 Industrial
10.10.9 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 Resistive Load Bank Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Resistive Load Bank 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 Resistive Load Bank Market Size Forecast by Type
11.6.1 Portable
11.6.2 Trailer Mounted
11.6.3 Stationary
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 Resistive Load Bank Market Size Forecast by Applications
11.10.1 Power Generation
11.10.2 Government/Military
11.10.3 Maritime/Shipyards
11.10.4 Oil
11.10.5 Gas
11.10.6 & Nuclear
11.10.7 Data Centers
11.10.8 Industrial
11.10.9 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 Resistive Load Bank Analysis and Forecast
12.1 Introduction
12.2 Latin America Resistive Load Bank 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 Resistive Load Bank Market Size Forecast by Type
12.6.1 Portable
12.6.2 Trailer Mounted
12.6.3 Stationary
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 Resistive Load Bank Market Size Forecast by Applications
12.10.1 Power Generation
12.10.2 Government/Military
12.10.3 Maritime/Shipyards
12.10.4 Oil
12.10.5 Gas
12.10.6 & Nuclear
12.10.7 Data Centers
12.10.8 Industrial
12.10.9 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) Resistive Load Bank Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Resistive Load Bank 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) Resistive Load Bank Market Size Forecast by Type
13.6.1 Portable
13.6.2 Trailer Mounted
13.6.3 Stationary
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) Resistive Load Bank Market Size Forecast by Applications
13.10.1 Power Generation
13.10.2 Government/Military
13.10.3 Maritime/Shipyards
13.10.4 Oil
13.10.5 Gas
13.10.6 & Nuclear
13.10.7 Data Centers
13.10.8 Industrial
13.10.9 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 Resistive Load Bank Market: Competitive Dashboard
14.2 Global Resistive Load Bank Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson (Vertiv)
14.3.2 Simplex
14.3.3 Tatsumi Ryoki
14.3.4 Kaixiang
14.3.5 Northbridge
14.3.6 Jovyatlas
14.3.7 Load Banks Direct
14.3.8 Sephco Industries
14.3.9 Metal Deploye Resistor
14.3.10 Mosebach
14.3.11 Emerson (Vertiv)
14.3.12 Powerohm (Hubbell)
14.3.13 Shenzhen Sikes
14.3.14 Pite Tech
14.3.15 Greenlight Innovation
14.3.16 MS Resistances
14.3.17 Thomson
14.3.18 Eagle Eye