Global Load Bank Market 2017-2021- Key vendors are Cressall, Crestchic & Vertiv - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Load Bank Market 2017-2021" report to their offering.

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

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.

Since the amendment of the Kyoto Protocol in 2012 and the implementation of stringent EU emission standards, governments across countries are working to develop renewable energy sources such as wind, nuclear, and solar energy. These renewable energy sources require alternative electricity transmission systems.

The upsurge in the construction of these energy sources has increased the demand for power system testing equipment like load banks. Offshore wind power and solar power represent two of the most prominent renewable energy sources that may impact the market for capacitors. The overview of the installation and their growth potential are mentioned below.

Load bank testing is a way of validating the reliability and correct operational performance of power systems. It tests various power systems under load conditions. It is a important part of electrical preventative maintenance program. Preventive maintenance is essential in mission-critical industries such as power, defense, data centers, and healthcare.

The rising cost of downtime in such industries is also leading to an increased focus on preventive maintenance. The players in various industries are adopting different preventive maintenance programs in order to ensure reliability of power systems and electrical components.

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

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Market challenges

Part 10: Impact of drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Key vendor analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/xvvt3p/global_load_bank

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Electrical Engineering

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Electrical Engineering