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Global Load Bank Rental Market Research Report 2024
Synopsis
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. This report studies the Load Bank Hire and Rental Services market.
The global Load Bank Rental market was valued at US$ 527.3 million in 2023 and is anticipated to reach US$ 720.9 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Of the major players of Load Bank, United Rentals maintained its first place in the ranking in 2021. United Rentals accounted for 13.42% of the Global Load Bank Hire and Rental Services market share in 2021. Other players accounted for 10.26%, 8.30% including Sunbelt Rentals and Aggreko.
In this study, the market for Load Bank consumption divided into five geographic regions: In North America, total Load Bank Hire and Rental Services accounted for 43.74%. In the Europe, total Load Bank Hire and Rental Services accounted for 25.31%. The market in Asia Pacific Load Bank Hire and Rental Services accounted for 20.12%, in Latin America 4.53%, and in global other region 6.30%. Among all regions, North America held the largest share of the Load Bank Hire and Rental Services market. However, APAC is the fastest growing region of load bank Hire and Rental Services market. Moreover, China is the largest contributor to the Asia Pacific. Along with the development of Chinese domestic Hire and Rental Services, China domestic Load Bank has been mature and advanced, and the performance distance has been shorten compared with the imported Load Bank. As large demand of high-end products at demotic and abroad, many companies began to enter the field of high-end.
This report aims to provide a comprehensive presentation of the global market for Load Bank Rental, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Load Bank Rental.
Report Scope
The Load Bank Rental market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Load Bank Rental market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Load Bank Rental companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
United Rentals
Sunbelt Rentals
Aggreko
ComRent
Northbridge
Simplex
Rentaload
Kennards Hire
Tatsumi Ryoki
Optimum Power Services
Energyst
Holt of California
Byrne Equipment Rental
Gregory Poole
Starline Power
Global Power Supply
Load Banks Direct
Segment by Type
Resistive Load Bank
Reactive Load Bank
Resistive/Reactive Load Bank
Segment by Application
Power Plant
Government/Military
Maritime/Shipyards
Oil, Gas and Nuclear
Data Centers
Industrial
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Load Bank Rental companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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. This report studies the Load Bank Hire and Rental Services market.
The global Load Bank Rental market was valued at US$ 527.3 million in 2023 and is anticipated to reach US$ 720.9 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Of the major players of Load Bank, United Rentals maintained its first place in the ranking in 2021. United Rentals accounted for 13.42% of the Global Load Bank Hire and Rental Services market share in 2021. Other players accounted for 10.26%, 8.30% including Sunbelt Rentals and Aggreko.
In this study, the market for Load Bank consumption divided into five geographic regions: In North America, total Load Bank Hire and Rental Services accounted for 43.74%. In the Europe, total Load Bank Hire and Rental Services accounted for 25.31%. The market in Asia Pacific Load Bank Hire and Rental Services accounted for 20.12%, in Latin America 4.53%, and in global other region 6.30%. Among all regions, North America held the largest share of the Load Bank Hire and Rental Services market. However, APAC is the fastest growing region of load bank Hire and Rental Services market. Moreover, China is the largest contributor to the Asia Pacific. Along with the development of Chinese domestic Hire and Rental Services, China domestic Load Bank has been mature and advanced, and the performance distance has been shorten compared with the imported Load Bank. As large demand of high-end products at demotic and abroad, many companies began to enter the field of high-end.
This report aims to provide a comprehensive presentation of the global market for Load Bank Rental, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Load Bank Rental.
Report Scope
The Load Bank Rental market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Load Bank Rental market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Load Bank Rental companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
United Rentals
Sunbelt Rentals
Aggreko
ComRent
Northbridge
Simplex
Rentaload
Kennards Hire
Tatsumi Ryoki
Optimum Power Services
Energyst
Holt of California
Byrne Equipment Rental
Gregory Poole
Starline Power
Global Power Supply
Load Banks Direct
Segment by Type
Resistive Load Bank
Reactive Load Bank
Resistive/Reactive Load Bank
Segment by Application
Power Plant
Government/Military
Maritime/Shipyards
Oil, Gas and Nuclear
Data Centers
Industrial
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Load Bank Rental companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Load Bank Rental Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Resistive Load Bank
1.2.3 Reactive Load Bank
1.2.4 Resistive/Reactive Load Bank
1.3 Market by Application
1.3.1 Global Load Bank Rental Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Power Plant
1.3.3 Government/Military
1.3.4 Maritime/Shipyards
1.3.5 Oil, Gas and Nuclear
1.3.6 Data Centers
1.3.7 Industrial
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Load Bank Rental Market Perspective (2019-2030)
2.2 Load Bank Rental Growth Trends by Region
2.2.1 Global Load Bank Rental Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Load Bank Rental Historic Market Size by Region (2019-2024)
2.2.3 Load Bank Rental Forecasted Market Size by Region (2025-2030)
2.3 Load Bank Rental Market Dynamics
2.3.1 Load Bank Rental Industry Trends
2.3.2 Load Bank Rental Market Drivers
2.3.3 Load Bank Rental Market Challenges
2.3.4 Load Bank Rental Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Load Bank Rental Players by Revenue
3.1.1 Global Top Load Bank Rental Players by Revenue (2019-2024)
3.1.2 Global Load Bank Rental Revenue Market Share by Players (2019-2024)
3.2 Global Load Bank Rental Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Load Bank Rental Revenue
3.4 Global Load Bank Rental Market Concentration Ratio
3.4.1 Global Load Bank Rental Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Load Bank Rental Revenue in 2023
3.5 Load Bank Rental Key Players Head office and Area Served
3.6 Key Players Load Bank Rental Product Solution and Service
3.7 Date of Enter into Load Bank Rental Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Load Bank Rental Breakdown Data by Type
4.1 Global Load Bank Rental Historic Market Size by Type (2019-2024)
4.2 Global Load Bank Rental Forecasted Market Size by Type (2025-2030)
5 Load Bank Rental Breakdown Data by Application
5.1 Global Load Bank Rental Historic Market Size by Application (2019-2024)
5.2 Global Load Bank Rental Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Load Bank Rental Market Size (2019-2030)
6.2 North America Load Bank Rental Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Load Bank Rental Market Size by Country (2019-2024)
6.4 North America Load Bank Rental Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Load Bank Rental Market Size (2019-2030)
7.2 Europe Load Bank Rental Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Load Bank Rental Market Size by Country (2019-2024)
7.4 Europe Load Bank Rental Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Load Bank Rental Market Size (2019-2030)
8.2 Asia-Pacific Load Bank Rental Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Load Bank Rental Market Size by Region (2019-2024)
8.4 Asia-Pacific Load Bank Rental Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Load Bank Rental Market Size (2019-2030)
9.2 Latin America Load Bank Rental Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Load Bank Rental Market Size by Country (2019-2024)
9.4 Latin America Load Bank Rental Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Load Bank Rental Market Size (2019-2030)
10.2 Middle East & Africa Load Bank Rental Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Load Bank Rental Market Size by Country (2019-2024)
10.4 Middle East & Africa Load Bank Rental Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 United Rentals
11.1.1 United Rentals Company Detail
11.1.2 United Rentals Business Overview
11.1.3 United Rentals Load Bank Rental Introduction
11.1.4 United Rentals Revenue in Load Bank Rental Business (2019-2024)
11.1.5 United Rentals Recent Development
11.2 Sunbelt Rentals
11.2.1 Sunbelt Rentals Company Detail
11.2.2 Sunbelt Rentals Business Overview
11.2.3 Sunbelt Rentals Load Bank Rental Introduction
11.2.4 Sunbelt Rentals Revenue in Load Bank Rental Business (2019-2024)
11.2.5 Sunbelt Rentals Recent Development
11.3 Aggreko
11.3.1 Aggreko Company Detail
11.3.2 Aggreko Business Overview
11.3.3 Aggreko Load Bank Rental Introduction
11.3.4 Aggreko Revenue in Load Bank Rental Business (2019-2024)
11.3.5 Aggreko Recent Development
11.4 ComRent
11.4.1 ComRent Company Detail
11.4.2 ComRent Business Overview
11.4.3 ComRent Load Bank Rental Introduction
11.4.4 ComRent Revenue in Load Bank Rental Business (2019-2024)
11.4.5 ComRent Recent Development
11.5 Northbridge
11.5.1 Northbridge Company Detail
11.5.2 Northbridge Business Overview
11.5.3 Northbridge Load Bank Rental Introduction
11.5.4 Northbridge Revenue in Load Bank Rental Business (2019-2024)
11.5.5 Northbridge Recent Development
11.6 Simplex
11.6.1 Simplex Company Detail
11.6.2 Simplex Business Overview
11.6.3 Simplex Load Bank Rental Introduction
11.6.4 Simplex Revenue in Load Bank Rental Business (2019-2024)
11.6.5 Simplex Recent Development
11.7 Rentaload
11.7.1 Rentaload Company Detail
11.7.2 Rentaload Business Overview
11.7.3 Rentaload Load Bank Rental Introduction
11.7.4 Rentaload Revenue in Load Bank Rental Business (2019-2024)
11.7.5 Rentaload Recent Development
11.8 Kennards Hire
11.8.1 Kennards Hire Company Detail
11.8.2 Kennards Hire Business Overview
11.8.3 Kennards Hire Load Bank Rental Introduction
11.8.4 Kennards Hire Revenue in Load Bank Rental Business (2019-2024)
11.8.5 Kennards Hire Recent Development
11.9 Tatsumi Ryoki
11.9.1 Tatsumi Ryoki Company Detail
11.9.2 Tatsumi Ryoki Business Overview
11.9.3 Tatsumi Ryoki Load Bank Rental Introduction
11.9.4 Tatsumi Ryoki Revenue in Load Bank Rental Business (2019-2024)
11.9.5 Tatsumi Ryoki Recent Development
11.10 Optimum Power Services
11.10.1 Optimum Power Services Company Detail
11.10.2 Optimum Power Services Business Overview
11.10.3 Optimum Power Services Load Bank Rental Introduction
11.10.4 Optimum Power Services Revenue in Load Bank Rental Business (2019-2024)
11.10.5 Optimum Power Services Recent Development
11.11 Energyst
11.11.1 Energyst Company Detail
11.11.2 Energyst Business Overview
11.11.3 Energyst Load Bank Rental Introduction
11.11.4 Energyst Revenue in Load Bank Rental Business (2019-2024)
11.11.5 Energyst Recent Development
11.12 Holt of California
11.12.1 Holt of California Company Detail
11.12.2 Holt of California Business Overview
11.12.3 Holt of California Load Bank Rental Introduction
11.12.4 Holt of California Revenue in Load Bank Rental Business (2019-2024)
11.12.5 Holt of California Recent Development
11.13 Byrne Equipment Rental
11.13.1 Byrne Equipment Rental Company Detail
11.13.2 Byrne Equipment Rental Business Overview
11.13.3 Byrne Equipment Rental Load Bank Rental Introduction
11.13.4 Byrne Equipment Rental Revenue in Load Bank Rental Business (2019-2024)
11.13.5 Byrne Equipment Rental Recent Development
11.14 Gregory Poole
11.14.1 Gregory Poole Company Detail
11.14.2 Gregory Poole Business Overview
11.14.3 Gregory Poole Load Bank Rental Introduction
11.14.4 Gregory Poole Revenue in Load Bank Rental Business (2019-2024)
11.14.5 Gregory Poole Recent Development
11.15 Starline Power
11.15.1 Starline Power Company Detail
11.15.2 Starline Power Business Overview
11.15.3 Starline Power Load Bank Rental Introduction
11.15.4 Starline Power Revenue in Load Bank Rental Business (2019-2024)
11.15.5 Starline Power Recent Development
11.16 Global Power Supply
11.16.1 Global Power Supply Company Detail
11.16.2 Global Power Supply Business Overview
11.16.3 Global Power Supply Load Bank Rental Introduction
11.16.4 Global Power Supply Revenue in Load Bank Rental Business (2019-2024)
11.16.5 Global Power Supply Recent Development
11.17 Load Banks Direct
11.17.1 Load Banks Direct Company Detail
11.17.2 Load Banks Direct Business Overview
11.17.3 Load Banks Direct Load Bank Rental Introduction
11.17.4 Load Banks Direct Revenue in Load Bank Rental Business (2019-2024)
11.17.5 Load Banks Direct Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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