Global and China Load Bank Market Insights, Forecast to 2027

Load banks are devices designed to provide electrical loads for testing power sources such as generators and Uninterruptible Power Supplies (UPS). Load banks are also used to reduce "wet stacking" problems in diesel engines of backup generating systems. They are used in a variety of ways including factory testing of generator sets, periodic exercising of standby engine generator sets, battery system testing, ground power testing, load optimization in prime power applications, and factory testing of turbines. The load bank include resistive load bank, inductive load bank, capacitive load bank and manufacturers can provide the resistive/inductive load bank or resistive/inductive/capacitive load bank according to the Client's request.
The main global Load Bank players include ASCO Power Technologies (Schneider Electric), Simplex, Northbridge Industrial Services plc (Crestchic), etc. The top three Load Bank players account for approximately 45% of the total global market. Asia-Pacific is the largest consumer market for Load Bank, accounting for about 24%, followed by Europe and America. In terms of type, Resistive/Reactive Load Bank is the largest segment, with a share over 70%. And in terms of application, the largest application is Power Generation, followed by Government/Military.

Market Analysis and Insights: Global and China Load Bank Market
This report focuses on global and China Load Bank market.
In 2020, the global Load Bank market size was US$ 151 million and it is expected to reach US$ 202.9 million by the end of 2027, with a CAGR of 4.0% during 2021-2027. In China the Load Bank market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Load Bank Scope and Market Size
Load Bank market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Load Bank market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Load Bank market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.


Segment by Type
Resistive Load Bank
Reactive Load Bank
Resistive/Reactive Load Bank


Segment by Application
Power Generation
Government/Military
Maritime/Shipyards
Oil, Gas, & Nuclear
Data Centers
Industrial
Others


By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE


By Company
ASCO Power Technologies(Schneider Electric)
Simplex
Northbridge Industrial Services plc (Crestchic)
Kaixiang
Tatsumi Ryoki
Mosebach
Sephco
Metal Deploye Resistor
Shenzhen Sikes
Pite Tech
Load Banks Direct
M.S. RESISTANCES
Greenlight Innovation
Wärtsilä JOVYATLAS