Load Bank Resistor Market: Technological Advancements Expected To Boost Revenue Growth 2021-2031
Load Bank Resistor Market: Introduction Load bank resistors are devices which contain resistive, inductive, and/or capacitive loads. These devices apply the load to an electrical power source and dissipate the power of the electrical source. Unlike on-site loads, which are randomly variable in terms of many electrical parameters, load banks provide predetermined and controllable load that uses its energy output to test, support, or protect the power source. These powerful heating elements form a network of resistors absorbing load from a generator, battery, or other power sources. Rise in Demand for Load Bank Resistors in Oil & Gas Industry Increase in demand for load test activities for generator sets are attracting end-users, owing to a surge in demand for load bank resistors globally. Several load bank manufacturers have designed and introduced hand portable load banks due to rising investments, which have attracted a significant number of end-users. A fair per...