Electronic Load Market: By Voltage By Current Type, By Direct Current ), By Application and Geography
Electronic Load Market size was valued at US$ 4,326.0 million in 2023 and is poised to grow at a CAGR of 6.7% from 20224 to 2030. The global market provides a detailed overview of the market and that can be segmented by voltage, current type, and application. By voltage, this market has been segmented into high voltage and low voltage. The high voltage segment is likely to be the largest and fastest-growing segment in terms of voltage. Based on the current type, the market is segmented into alternating current (AC) and direct current (DC).
Among these, the alternating current (AC) segment is expected to have the fastest-growing market during the forecast period 2024-2030. Based on application, the market is segmented into aerospace, defense & government services, automotive, energy, and wireless communications & infrastructure. The aerospace segment accounts for the largest share in 2023. The automotive segment has the second-largest share during the forecast period 2024-2030.
Study Period
2024-2030Base Year
2023CAGR
6.7%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
Due to environmental concerns, the logistics industry is working toward zero or low-emission transportation alternatives. As a result, the logistics industry is heavily investing in transportation modes that use electric-powered vehicles. The enhanced features of electric aircraft are also assisting the logistics sector in delivering cargo on time.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 4,326.0 million |
Market CAGR |
6.7% |
By Voltage |
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By Current Type |
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By Application |
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By Region |
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The global electronic load market size was valued at US$ 4,326.0 million in 2023 and is projected to grow at a CAGR of 6.7% from 2024 to 2030.
The major players in the global electronic load market are Keysight Technologies, Ametek, National Instruments, Chroma Ate, Teledyne Technologies, Good Will Instrument, Rigol Technologies, B&K Precision, Tektronix, Kikusui Electronics, Matsusada Precision, Magna-Power Electronics and NH Research.
Asia-Pacific is the fastest-growing region for Electronic Load Market
1. Executive Summary |
2. Global Electronic Load Market Introduction |
2.1. Global Electronic Load Market Taxonomy |
2.2. Global Electronic Load Market Definitions |
2.2.1. By Voltage |
2.2.2. By Current Type |
2.2.3. By Application |
2.2.4. By Region |
3. Global Electronic Load Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Electronic Load Market Dynamic Factors - Impact Analysis |
3.6. Global Electronic Load Market Competition Landscape |
4. Global Electronic Load Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Electronic Load Market, By Voltage, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1. High Voltage |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Low Voltage |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6. Global Electronic Load Market, By Current Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1. Alternating Current (AC) |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Direct Current (DC) |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7. Global Electronic Load Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1. Aerospace, Defense & Government Services |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Automotive |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Energy |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Wireless Communications & Infrastructure |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Others |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. Global Electronic Load Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia-Pacific |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Middle East and Africa |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Global Electronic Load Market - Opportunity Analysis Index, By Voltage, Current Type, Application, and Region, 2024 - 2030 |
9. North America Electronic Load Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1. Voltage Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. High Voltage |
9.1.2. Low Voltage |
9.2. Current Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Alternating Current (AC) |
9.2.2. Direct Current (DC) |
9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Aerospace, Defense & Government Services |
9.3.2. Automotive |
9.3.3. Energy |
9.3.4. Wireless Communications & Infrastructure |
9.3.5. Others |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. USA |
9.4.2. Canada |
9.5. North America Electronic Load Market - Opportunity Analysis Index, By Voltage, Current Type, Application, and Country, 2024 - 2030 |
9.6. North America Electronic Load Market Dynamics Trends |
10. Europe Electronic Load Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
10.1. Voltage Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. High Voltage |
10.1.2. Low Voltage |
10.2. Current Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Alternating Current (AC) |
10.2.2. Direct Current (DC) |
10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Aerospace, Defense & Government Services |
10.3.2. Automotive |
10.3.3. Energy |
10.3.4. Wireless Communications & Infrastructure |
10.3.5. Others |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Germany |
10.4.2. UK |
10.4.3. France |
10.4.4. Spain |
10.4.5. Italy |
10.4.6. Russia |
10.4.7. Rest of Europe |
10.5. Europe Electronic Load Market - Opportunity Analysis Index, By Voltage, Current Type, Application, and Country, 2024 - 2030 |
10.6. Europe Electronic Load Market Dynamics Trends |
11. Asia-Pacific Electronic Load Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
11.1. Voltage Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. High Voltage |
11.1.2. Low Voltage |
11.2. Current Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Alternating Current (AC) |
11.2.2. Direct Current (DC) |
11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Aerospace, Defense & Government Services |
11.3.2. Automotive |
11.3.3. Energy |
11.3.4. Wireless Communications & Infrastructure |
11.3.5. Others |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. China |
11.4.2. India |
11.4.3. Japan |
11.4.4. ASEAN |
11.4.5. Australia & New Zealand |
11.4.6. Rest of Asia-Pacific |
11.5. Asia-Pacific Electronic Load Market - Opportunity Analysis Index, By Voltage, Current Type, Application, and Country, 2024 - 2030 |
11.6. Asia-Pacific Electronic Load Market Dynamics Trends |
12. Latin America Electronic Load Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
12.1. Voltage Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. High Voltage |
12.1.2. Low Voltage |
12.2. Current Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Alternating Current (AC) |
12.2.2. Direct Current (DC) |
12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Aerospace, Defense & Government Services |
12.3.2. Automotive |
12.3.3. Energy |
12.3.4. Wireless Communications & Infrastructure |
12.3.5. Others |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Brazil |
12.4.2. Mexico |
12.4.3. Rest of Latin America |
12.5. Latin America Electronic Load Market - Opportunity Analysis Index, By Voltage, Current Type, Application, and Country, 2024 - 2030 |
12.6. Latin America Electronic Load Market Dynamics Trends |
13. Middle East and Africa Electronic Load Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
13.1. Voltage Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. High Voltage |
13.1.2. Low Voltage |
13.2. Current Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Alternating Current (AC) |
13.2.2. Direct Current (DC) |
13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Aerospace, Defense & Government Services |
13.3.2. Automotive |
13.3.3. Energy |
13.3.4. Wireless Communications & Infrastructure |
13.3.5. Others |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Gulf Cooperation Council (GCC) Countries |
13.4.2. South Africa |
13.4.3. Rest of MEA |
13.5. MEA Electronic Load Market - Opportunity Analysis Index, By Voltage, Current Type, Application, and Country, 2024 - 2030 |
13.6. MEA Electronic Load Market Dynamics Trends |
14. Competition Landscape |
14.1. Strategic Dashboard of Top Market Players |
14.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis) |
14.2.1. Keysight Technologies |
14.2.2. Ametek |
14.2.3. National Instruments |
14.2.4. Chroma Ate |
14.2.5. Teledyne Technologies |
14.2.6. Good Will Instrument |
14.2.7. Rigol Technologies |
14.2.8. B&K Precision |
14.2.9. Tektronix |
14.2.10. Kikusui Electronics |
14.2.11. Matsusada Precision |
14.2.12. Magna-Power Electronics |
14.2.13. NH Research |
15. Research Methodology |
16. Key Assumptions and Acronyms |
Key Market Players