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Global Load Bank Market 2017-2021

Global Load Bank Market 2017-2021

About Load Bank

Load banks offer one of the most flexible ways to validate critical power systems and components. Load bank testing of power systems includes validating the operational conditions and output of electrical power systems such as generators, gas turbines, transformers, HVAC systems, UPS, batteries, and relays in various industries like oil and gas, power, healthcare, marine and defense, and telecom. It is also very effective in reducing wet stacking problems, removal of carbon build-up on piston rings, and periodic exercising of stand-by engine generator sets.

Technavio’s analysts forecast the global load bank market to grow at a CAGR of 2.96% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global load bank market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of load bank.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Load Bank Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cressall
  • Crestchic
  • Vertiv
Other prominent vendors
  • Load Banks Direct (LBD)
  • Powerohm Resistors
  • Mosebach Manufacturing Company
  • Power House Manufacturing
  • Viking Power Systems
  • Simplex
  • Hillstone Load Banks
  • SEPHCO
Market driver
  • Increasing focus on preventive maintenance
  • For a full, detailed list, view our report
Market challenge
  • Marine, defense, and aerospace
  • For a full, detailed list, view our report
Market trend
  • Growing demand from healthcare sector
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Types of load banks
      • Table Key advantages of load bank testing
      • Table Physical mounting configurations of load banks
      • Table Global load bank market by application 2016-2021
      • Table Global load bank market by geography 2016-2021
  • Market landscape
    • Market overview
      • Table Overview of global load bank market
    • Market size and forecast
      • Table Global load bank market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global load bank market by application
      • Table Global load bank market by application 2016-2021
    • Power generation and T&D
      • Table Global load bank market by power generation and T&D 2016-2021 ($ millions)
    • Oil and gas
      • Table Global load bank market by oil and gas 2016-2021 ($ millions)
      • Table Key highlights of petrochemical and chemical sector in India
    • Marine, defense, and aerospace
      • Table Global load bank market by marine, defense, and aerospace 2016-2021 ($ millions)
      • Table Countries with highest defense budget 2015 ($ millions)
      • Table Major drivers for aerospace and defense sector
      • Table Global air traffic 2004-2016 (%)
      • Table In-service aircraft reaching 25 years of service life 2015-2025
    • Data centers
      • Table Global load bank market by data centers 2016-2021 ($ millions)
  • Geographical segmentation
    • Global load bank market by geography
      • Table Global load bank market by geography 2016-2021
    • APAC
      • Table Load bank market in APAC 2016-2021 ($ millions)
      • Table New airplane requirement in China 2015-2034
    • EMEA
      • Table Load bank market in EMEA 2016-2021 ($ millions)
    • Americas
      • Table Load bank market in Americas 2016-2021 ($ millions)
  • Market drivers
    • Increasing focus on preventive maintenance
      • Table Benefits of preventive maintenance program
    • Mandates on load bank testing
    • Burgeoning demand for energy worldwide
    • Aging power infrastructure in developed countries
    • Increase in CCGT power plants
      • Table Comparison between coal-fired and gas-fired plants
      • Table Share of CCGT in thermal power 2000-2014 (%)
      • Table Global electricity generation by fuel share 2003
      • Table Global electricity generation by fuel share 2013
    • Rise in construction of data centers
      • Table Global data center construction market 2015-2020 ($ billions)
    • Growing demand from healthcare sector
      • Table Total number of registered hospitals in US 2015
      • Table Private hospital sector in India 2009-2015 ($ billions)
  • Market challenges
    • Threat of uncertainty in global economies
      • Table Comparison of YoY change in inflation rate and currency value of major countries 2014 to 2015
    • Deferred oil and gas investments and projects
    • Negative impacts of mismanaged load bank testing
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Demand for load banks from renewable energy systems
      • Table Countries with renewable targets and policies 2005
      • Table Countries with renewable targets and policies 2015
    • Growth in smart grid market
      • Table Global smart grid market 2015-2020 ($ billions)
    • Rise in distributed power generation
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Cressall
      • Table Product offerings
    • Crestchic
      • Table Products offerings
    • Vertiv
      • Table Product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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