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.

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by application

Global load bank market by application

Power generation and T&D

Oil and gas

Marine, defense, and aerospace

Data centers

PART 07: Geographical segmentation

Global load bank market by geography

APAC

EMEA

Americas

PART 08: Market drivers

Increasing focus on preventive maintenance

Mandates on load bank testing

Burgeoning demand for energy worldwide

Aging power infrastructure in developed countries

Increase in CCGT power plants

Rise in construction of data centers

Growing demand from healthcare sector

PART 09: Market challenges

Threat of uncertainty in global economies

Deferred oil and gas investments and projects

Negative impacts of mismanaged load bank testing

PART 10: Impact of drivers and challenges

PART 11: Market trends

Demand for load banks from renewable energy

systems

Growth in smart grid market

Rise in distributed power generation

PART 12: Vendor landscape

Competitive scenario

Other prominent vendors

PART 13: Key vendor analysis

Cressall

Crestchic

Vertiv

PART 14: Appendix

List of abbreviations

PART 15: Explore Technavio