Market Overview:
The global low-voltage DC electronic load market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient devices and rising adoption of low-voltage DC systems in various applications. Based on type, the global low-voltage DC electronic load market is segmented into single group electronic load meter and multi-group electronic load meter. The single group electronic load meter segment is expected to hold a larger share of the market during the forecast period owing to its lower cost and easy installation. Based on application, the global low-voltage DC electronic load market is segmented into car battery, dc charging pile, server power, and others. The car battery segment is expected to hold a larger share of the market during the forecast period owing to increasing demand for electric vehicles (EVs). Based on region, North America accounted for majority of shares in 2017 followed by Europe and Asia Pacific respectively due high adoption rate Low Voltage Direct Current technology across various industrial sectors such as automotive & transportation sector which are witnessing highest growth rates currently .
Product Definition:
A low-voltage DC electronic load is a device that can be used to drain power from a battery or other power source. This type of electronic load is important because it allows for the controlled discharge of electrical power, which can be useful for testing and measuring devices.
Single Group Electronic Load Meter:
Single-group electronic load meters are used to measure the total amperes drawn by an electrical device or group of devices. It is a non-contact, battery powered instrument that uses pulse width modulation technique for measuring current.
The product has gained wide acceptance in industries such as oil & gas and power generation where there is a need to monitor electric loads with accuracy and high reliability.
Multi-Group Electronic Load Meter:
Multi-group electronic load meter is a device used to measure the total electric load in several groups of low voltage electrical equipment. It works on the principle of electromagnetic induction and uses a sensor to detect current flow in the magnetic field produced by an electric current.
Application Insights:
The global low-voltage DC electronic load market is segmented by application into car battery, server power, DC charging pile, and others. The car battery segment dominated the overall market in terms of revenue share in 2017. This is attributed to the growing number of electric vehicles (EVs) globally and rising demand for energy storage systems that are compatible with EVs. Moreover, increasing investments by governments to promote the adoption of EVs will further boost industry growth over the forecast period. For instance, China¢â‚¬â„¢s investment worth USD 142 billion from 2014 to 2018 will support industry expansion during this period as well as propel its dominance over next few years.
The other applications include household power generation.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electronic products and rapid industrialization in emerging economies, such as China and India. Moreover, rising number of data centers in these countries will drive the regional market further. Europe is also estimated to witness significant growth over the coming years owing to growing adoption of low-voltage DC electronic load meters across several industries including manufacturing, oil & gas, transportation & logistics, and others.
North America region accounted for a major share in 2017 owing to high penetration of power electronics devices across various end-use applications including telecom equipment; medical devices; consumer electronics; computer hardware etc., which require continuous power supply at low voltage level with minimal energy consumption (less than 1 W). In addition, presence of key players engaged in providing LVDEL products coupled with favorable government initiatives promoting renewable energy sources are likely boost this regional market growth significantly over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient devices: The global market for low-voltage DC electronic loads is expected to grow at a CAGR of more than 9% from 2016 to 2020, owing to the increasing demand for energy-efficient devices.
- Growing popularity of LED lighting: Low-voltage DC electronic loads are being increasingly used in LED lighting applications as they help in achieving accurate current and voltage measurements. This is expected to boost the growth of the market during the forecast period.
- Rising demand from data centers: The use of low-voltage DC electronic loads in data centers helps improve power efficiency and reduce operating costs. This is likely to fuel the growth of this market during the forecast period.
- Increasing adoption of renewable energy sources: Renewable energy sources such as solar and wind are becoming increasingly popular across the globe due to their environmental benefits over traditional sources such as coal and oil .This is likely to create opportunities for low voltage dc electronic load manufacturers in coming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Low-Voltage DC Electronic Load Market Research Report
By Type
Single Group Electronic Load Meter, Multi-Group Electronic Load Meter
By Application
Car Battery, DC Charging Pile, Server Power, Others
By Companies
Keysight (Agilent), Chroma, ITECH, Ametek, NH Research, Kikusui, NF Corporation, B&K Precision Corporation, Unicorn, Dahua Electronic, Maynuo Electronic, Prodigit, Array Electronic, Ainuo Instrument
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Low-Voltage DC Electronic Load Market Report Segments:
The global Low-Voltage DC Electronic Load market is segmented on the basis of:
Types
Single Group Electronic Load Meter, Multi-Group Electronic Load Meter
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
Car Battery, DC Charging Pile, Server Power, 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:
- Keysight (Agilent)
- Chroma
- ITECH
- Ametek
- NH Research
- Kikusui
- NF Corporation
- B&K Precision Corporation
- Unicorn
- Dahua Electronic
- Maynuo Electronic
- Prodigit
- Array Electronic
- Ainuo Instrument
Highlights of The Low-Voltage DC Electronic Load 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 Group Electronic Load Meter
- Multi-Group Electronic Load Meter
- By Application:
- Car Battery
- DC Charging Pile
- Server Power
- 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 Low-Voltage DC Electronic Load 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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- Correctly Positioning New 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?
Low-voltage DC electronic loads are used to provide power to devices that require a low voltage, such as sensors and microcontroller boards.
Some of the major players in the low-voltage dc electronic load market are Keysight (Agilent), Chroma, ITECH, Ametek, NH Research, Kikusui, NF Corporation, B&K Precision Corporation, Unicorn, Dahua Electronic, Maynuo Electronic, Prodigit, Array Electronic, Ainuo Instrument.
The low-voltage dc electronic load market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low-Voltage DC Electronic Load Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Low-Voltage DC Electronic Load Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Low-Voltage DC Electronic Load Market - Supply Chain
4.5. Global Low-Voltage DC Electronic Load Market Forecast
4.5.1. Low-Voltage DC Electronic Load Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low-Voltage DC Electronic Load Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low-Voltage DC Electronic Load Market Absolute $ Opportunity
5. Global Low-Voltage DC Electronic Load Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Low-Voltage DC Electronic Load Market Size and Volume Forecast by Type
5.3.1. Single Group Electronic Load Meter
5.3.2. Multi-Group Electronic Load Meter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low-Voltage DC Electronic Load Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Low-Voltage DC Electronic Load Market Size and Volume Forecast by Application
6.3.1. Car Battery
6.3.2. DC Charging Pile
6.3.3. Server Power
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low-Voltage DC Electronic Load Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Low-Voltage DC Electronic Load Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Low-Voltage DC Electronic Load Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Low-Voltage DC Electronic Load Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Low-Voltage DC Electronic Load Demand Share Forecast, 2019-2026
9. North America Low-Voltage DC Electronic Load Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Low-Voltage DC Electronic Load Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Low-Voltage DC Electronic Load Market Size and Volume Forecast by Application
9.4.1. Car Battery
9.4.2. DC Charging Pile
9.4.3. Server Power
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low-Voltage DC Electronic Load Market Size and Volume Forecast by Type
9.7.1. Single Group Electronic Load Meter
9.7.2. Multi-Group Electronic Load Meter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Low-Voltage DC Electronic Load Demand Share Forecast, 2019-2026
10. Latin America Low-Voltage DC Electronic Load Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Low-Voltage DC Electronic Load Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Low-Voltage DC Electronic Load Market Size and Volume Forecast by Application
10.4.1. Car Battery
10.4.2. DC Charging Pile
10.4.3. Server Power
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low-Voltage DC Electronic Load Market Size and Volume Forecast by Type
10.7.1. Single Group Electronic Load Meter
10.7.2. Multi-Group Electronic Load Meter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Low-Voltage DC Electronic Load Demand Share Forecast, 2019-2026
11. Europe Low-Voltage DC Electronic Load Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Low-Voltage DC Electronic Load Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Low-Voltage DC Electronic Load Market Size and Volume Forecast by Application
11.4.1. Car Battery
11.4.2. DC Charging Pile
11.4.3. Server Power
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low-Voltage DC Electronic Load Market Size and Volume Forecast by Type
11.7.1. Single Group Electronic Load Meter
11.7.2. Multi-Group Electronic Load Meter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Low-Voltage DC Electronic Load Demand Share, 2019-2026
12. Asia Pacific Low-Voltage DC Electronic Load Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Low-Voltage DC Electronic Load Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Low-Voltage DC Electronic Load Market Size and Volume Forecast by Application
12.4.1. Car Battery
12.4.2. DC Charging Pile
12.4.3. Server Power
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low-Voltage DC Electronic Load Market Size and Volume Forecast by Type
12.7.1. Single Group Electronic Load Meter
12.7.2. Multi-Group Electronic Load Meter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Low-Voltage DC Electronic Load Demand Share, 2019-2026
13. Middle East & Africa Low-Voltage DC Electronic Load Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Low-Voltage DC Electronic Load Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Low-Voltage DC Electronic Load Market Size and Volume Forecast by Application
13.4.1. Car Battery
13.4.2. DC Charging Pile
13.4.3. Server Power
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Low-Voltage DC Electronic Load Market Size and Volume Forecast by Type
13.7.1. Single Group Electronic Load Meter
13.7.2. Multi-Group Electronic Load Meter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Low-Voltage DC Electronic Load Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low-Voltage DC Electronic Load Market: Market Share Analysis
14.2. Low-Voltage DC Electronic Load Distributors and Customers
14.3. Low-Voltage DC Electronic Load Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Keysight (Agilent)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Chroma
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ITECH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ametek
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NH Research
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kikusui
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NF Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. B&K Precision Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Unicorn
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dahua Electronic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Maynuo Electronic
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Prodigit
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Array Electronic
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ainuo Instrument
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook