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Writer's picturesiddhesh kapshikar
Dec 6, 20234 min read

Load Bank Hire Market, Global Outlook and Forecast 2023-2030

The global Load Bank Hire market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


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 Rental Service.




This report aims to provide a comprehensive presentation of the global market for Load Bank Hire, 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 Hire. This report contains market size and forecasts of Load Bank Hire in global, including the following market information:

Global Load Bank Hire Market Revenue, 2018-2023, 2024-2030, ($ millions)

Global top five companies in 2022 (%)


The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.

Resistive Load Bank Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Load Bank Hire include United Rentals, Sunbelt Rentals, Aggreko, ComRent, Northbridge, Optimum Power Services, Kennards Hire, Byrne Equipment Rental and Tatsumi Ryoki, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Load Bank Hire companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Load Bank Hire Market, by Type, 2018-2023, 2024-2030 ($ millions)

Global Load Bank Hire Market Segment Percentages, by Type, 2022 (%)


  • Resistive Load Bank

  • Reactive Load Bank

  • Resistive/Reactive Load Bank


Global Load Bank Hire Market, by Application, 2018-2023, 2024-2030 ($ millions)

Global Load Bank Hire Market Segment Percentages, by Application, 2022 (%)


  • Power Plant

  • Government/Military

  • Maritime/Shipyards

  • Oil, Gas and Nuclear

  • Data Centers

  • Industrial

  • Others


Global Load Bank Hire Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)

Global Load Bank Hire Market Segment Percentages, By Region and Country, 2022 (%)


  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • U.K.

  • Italy

  • Russia

  • Nordic Countries

  • Benelux

  • Rest of Europe

  • Asia

  • China

  • Japan

  • South Korea

  • Southeast Asia

  • India

  • Rest of Asia

  • South America

  • Brazil

  • Argentina

  • Rest of South America

  • Middle East & Africa

  • Turkey

  • Israel

  • Saudi Arabia

  • UAE

  • Rest of Middle East & Africa


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Load Bank Hire revenues in global market, 2018-2023 (estimated), ($ millions)

  • Key companies Load Bank Hire revenues share in global market, 2022 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • United Rentals

  • Sunbelt Rentals

  • Aggreko

  • ComRent

  • Northbridge

  • Optimum Power Services

  • Kennards Hire

  • Byrne Equipment Rental

  • Tatsumi Ryoki

  • Gregory Poole

  • Starline Power

  • Rentaload

  • Global Power Supply, LLC.

  • Holt of California

  • Energyst

  • Load Banks Direct

  • Simplex

  • LM Generating Power Company Ltd.

  • Worldwide Power Products

  • Perennial Technologies Pvt. Ltd.

  • CSME Power Systems

  • Jovyatlas


Outline of Major Chapters:

Chapter 1: Introduces the definition of Load Bank Hire, market overview.

Chapter 2: Global Load Bank Hire market size in revenue.

Chapter 3: Detailed analysis of Load Bank Hire company competitive landscape, revenue and 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: Sales of Load Bank Hire in regional level and country level. 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 of each country in the world.

Chapter 7: 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 8: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports 1.1 Load Bank Hire Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Load Bank Hire Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Load Bank Hire Overall Market Size 2.1 Global Load Bank Hire Market Size: 2022 VS 2030 2.2 Global Load Bank Hire Market Size, Prospects & Forecasts: 2018-2030 2.3 Key Market Trends, Opportunity, Drivers and Restraints 2.3.1 Market Opportunities & Trends 2.3.2 Market Drivers 2.3.3 Market Restraints 3 Company Landscape 3.1 Top Load Bank Hire Players in Global Market 3.2 Top Global Load Bank Hire Companies Ranked by Revenue 3.3 Global Load Bank Hire Revenue by Companies 3.4 Top 3 and Top 5 Load Bank Hire Companies in Global Market, by Revenue in 2022 3.5 Global Companies Load Bank Hire Product Type 3.6 Tier 1, Tier 2 and Tier 3 Load Bank Hire Players in Global Market 3.6.1 List of Global Tier 1 Load Bank Hire Companies 3.6.2 List of Global Tier 2 and Tier 3 Load Bank Hire Companies 4 Market Sights by Product 4.1 Overview 4.1.1 By Type - Global Load Bank Hire Market Size Markets, 2022 & 2030 4.1.2 Resistive Load

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