Global DC Electronic Load market will reach 320 million US$ by the end of 2025
Published Date: 2019/1/31
Electronic load offerings from Circuit Specialists are high-quality and emulate real world applications while testing, e.g., power supplies, batteries, or fuel cells. These programmable DC electronic loads perform better than a conventional ohmic load resistor by dependably keeping constant voltage, resistance, current, and power settings. The DC loads are excellent tools for defense, aerospace, and power utility industries and can perform rapid test cycles to simulate dynamic loads like motors, heaters, or pumps.
The global DC Electronic Load market is driven by Economic recovery and growth of manufacturing in the developing nations’ supports. Meanwhile, emerging markets of solar and fuels cells offer great demand potential, and the automotive industry induces strong demand for testing systems, emphasis on quality assurance and quality check sustain the demand for testing power supply equipment.
Asia Pacific (APAC) has witnessed an advanced and dynamic adoption of new technologies and has always been a lucrative region. The DC Electronic Load market in APAC is expected to grow at the highest CAGR during the forecast period. China is the most key countries in the DC Electronic Load in APAC. In the future, the DC Electronic Load in some new economies will also rapidly grow and occupy a certain market share, such as such as India, Southeast Asia and Brazil etc.
The global DC Electronic Load market is valued at 230 million US$ in 2017 and will reach 320 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2018-2025.
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