Reports
Sale
Global Electronic Load Market Size, Analysis, Research: By Voltage: Low (0V–150V), Medium (0V–600V), High (0V–1,200V); By Current: Alternating Current (AC), Direct Current (DC); By Type: Standalone, Modular, Mainframe; By Application; By End Use; Regional Analysis; Competitive Landscape: Industry Events and Developments; 2023-2028
Global Electronic Load Market Outlook
The global electronic load market size stood at a value of around USD 3.3 billion in 2021. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 6.70% to reach USD 4.87 billion by 2027.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Heightened Application of DC Electronic Loads in Various Electronic Equipment to Augment the Market
The increasing applications of DC electronic load in electrical devices which store and convert energy, is driving the segment’s growth. The product is also witnessing a heightened application in testing sources of DC, such as batteries, solar panels, LED drivers, and fuel cells, among others, which is further augmenting the segment growth.
Over the forecast period, the anticipated increase in demand for fuel cells due to the increasing transition from tradition vehicles to fuel cell vehicles is likely to be a boon for the electronic load market. In addition to this, the product is also expected to witness an escalated application for DC source testing in automotive charging stations.
North America Occupies a Sizable Share in the Market for Electronic Load
The market in the North America region is being driven by the technologically advanced wireless communication infrastructure in the United States of America and Canada. In addition to this, the thriving automotive industry in the region owing to the increasing sales of fuel cell or battery driven vehicles is further boosting the demand for electronic loads. Moreover, the increasing research and development activities in various end use industries, coupled with the high military expenditure of the United States are anticipated to accelerate the market in the coming years.
Market Segmentation
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Electronic load is defined as programmable electrical equipment which is used to provide load to the outputs of a power supply by being set to a particular resistance value. In other words, electronic load transforms the consumed current into various forms such as heat, light, and mechanical energy, etc.
Based on voltage, the market can be segmented into:
- Low (0V–150V)
- Medium (0V–600V)
- High (0V–1,200V)
By current, the electronic load market has been bifurcated into:
- Alternating Current (AC)
- Direct Current (DC)
On the basis of type, the market has been categorised into:
- Standalone
- Modular
- Mainframe
The significant applications for the market are as follows:
- Converters
- Fuel Cells
- Batteries
- UPSs
- Inverters
- Others
The market can be broadly categorised based on end use into:
- Aerospace, Defence, and Government Services
- Automotive
- Wireless Communication and Infrastructure
- Energy
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Increasing Applications in the Aerospace and Defence Sector to Boost the Growth of the Electronic Load Industry
The global electronic load market is being driven by the increasing focus on the manufacture of consumer electronics owing to the rapid digitalisation, rising disposable income, and increasing complexity of power infrastructure in urban areas. Meanwhile, the increasing application of electronic loads in the aerospace and defence sector, to increase the efficiency of military-grade power electronics and to improve the energy storage and distribution is further propelling the market growth.
Over the forecast period, there is an anticipated increase in incorporation of military-style battery terminals and custom-made power conversion solutions. These are aimed at providing better insights in a mission and are likely to lead to greater emphasis of military equipment manufacturers on the production of electronic loads.
The heightened demand for integrated AC and DC power supplies in various end use industries such as energy, is likely to generate a significant demand for electronic loads in the coming years. Furthermore, the market is anticipated to be aided by the growing research and development activities by the power equipment manufacturers. They are likely to lead to the development of innovative wireless communication technologies in the forecast period, thereby, invigorating the market growth.
Key Players in the Global Market for Electronic Load
The report gives a detailed analysis of the following key players in the global electronic load market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Keysight Technologies, Inc.
- National Instruments Corporation
- Chroma ATE Inc.
- B&K Precision Corporation
- Good Will Instrument Co., Ltd.
- ITECH ELECTRONIC CO., LTD.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Voltage |
|
| Breakup by Current |
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Electronic Load Market Analysis
8.1 Key Industry Highlights
8.2 Global Electronic Load Historical Market (2018-2022)
8.3 Global Electronic Load Market Forecast (2023-2028)
8.4 Global Electronic Load Market by Voltage
8.4.1 Low (0V–150V)
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Medium (0V–600V)
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 High (0V–1,200V)
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Electronic Load Market by Current
8.5.1 Alternating Current (AC)
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Direct Current (DC)
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global Electronic Load Market by Type
8.6.1 Standalone
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Modular
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Mainframe
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.7 Global Electronic Load Market by Application
8.7.1 Converters
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Fuel Cells
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Batteries
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 UPSs
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Inverters
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
8.7.6 Others
8.8 Global Electronic Load Market by End Use
8.8.1 Aerospace, Defence, and Government Services
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Automotive
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Wireless Communication and Infrastructure
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Energy
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Others
8.9 Global Electronic Load Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2022)
8.9.1.2 Forecast Trend (2023-2028)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2022)
8.9.2.2 Forecast Trend (2023-2028)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2022)
8.9.3.2 Forecast Trend (2023-2028)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2022)
8.9.4.2 Forecast Trend (2023-2028)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2022)
8.9.5.2 Forecast Trend (2023-2028)
9 North America Electronic Load Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Electronic Load Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Electronic Load Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Electronic Load Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Electronic Load Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Keysight Technologies, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 National Instruments Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Chroma ATE Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 B&K Precision Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Good Will Instrument Co., Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 ITECH ELECTRONIC CO., LTD.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Electronic Load Market: Key Industry Highlights, 2018 and 2028
2. Global Electronic Load Historical Market: Breakup by Voltage (USD Million), 2018-2022
3. Global Electronic Load Market Forecast: Breakup by Voltage (USD Million), 2023-2028
4. Global Electronic Load Historical Market: Breakup by Current (USD Million), 2018-2022
5. Global Electronic Load Market Forecast: Breakup by Current (USD Million), 2023-2028
6. Global Electronic Load Historical Market: Breakup by Type (USD Million), 2018-2022
7. Global Electronic Load Market Forecast: Breakup by Type (USD Million), 2023-2028
8. Global Electronic Load Historical Market: Breakup by Application (USD Million), 2018-2022
9. Global Electronic Load Market Forecast: Breakup by Application (USD Million), 2023-2028
10. Global Electronic Load Historical Market: Breakup by End Use (USD Million), 2018-2022
11. Global Electronic Load Market Forecast: Breakup by End Use (USD Million), 2023-2028
12. Global Electronic Load Historical Market: Breakup by Region (USD Million), 2018-2022
13. Global Electronic Load Market Forecast: Breakup by Region (USD Million), 2023-2028
14. North America Electronic Load Historical Market: Breakup by Country (USD Million), 2018-2022
15. North America Electronic Load Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Europe Electronic Load Historical Market: Breakup by Country (USD Million), 2018-2022
17. Europe Electronic Load Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Asia Pacific Electronic Load Historical Market: Breakup by Country (USD Million), 2018-2022
19. Asia Pacific Electronic Load Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Latin America Electronic Load Historical Market: Breakup by Country (USD Million), 2018-2022
21. Latin America Electronic Load Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Middle East and Africa Electronic Load Historical Market: Breakup by Country (USD Million), 2018-2022
23. Middle East and Africa Electronic Load Market Forecast: Breakup by Country (USD Million), 2023-2028
24. Global Electronic Load Market Structure
Key Questions Answered in the Report
In 2021, the global market size attained a value of nearly USD 3.3 billion.
In the forecast period of 2023-2028, the market is estimated to witness a healthy growth to reach USD 4.87 billion by 2027.
The market is estimated to grow at a CAGR of 6.70% between 2023 and 2028.
The major regions in the industry identified by the EMR report are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the increasing focus on the manufacturing of consumer electronics, rapid digitalisation, and emerging power infrastructure in the urban areas.
The growing research and development activities in the aerospace and defence industry are likely to be the key trends in the market.
Low (0V–150V), medium (0V–600V), and high (0V–1,200V) are the different segments based on voltage.
Alternating current (AC) and direct current (DC) are the bifurcation of the market based on current.
Standalone, modular, and mainframe are the different types of products.
Converters, fuel cells, batteries, UPSs, and inverters, among others are the significant applications of the product.
Aerospace, defence, and government services, automotive, wireless communication and infrastructure, and energy, among others are the significant end uses of the product.
The major players in the industry are Keysight Technologies, Inc., National Instruments Corporation, Chroma ATE Inc., B&K Precision Corporation, Good Will Instrument Co., Ltd., and ITECH ELECTRONIC CO., LTD., among others.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$ 2199
$1799
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$3199$2999-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$4199$3999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$5199$4999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER