Report Detail
Global No-load Tap Changer (NLTC/OCTC/DETC) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
- RnM4621089 |
- 20 August, 2025 |
- Global |
- 110 Pages |
- GIR |
- Machinery & Equipment
According to our (Global Info Research) latest study, the global No-load Tap Changer (NLTC/OCTC/DETC) market size was valued at US$ 287 million in 2024 and is forecast to a readjusted size of USD 360 million by 2031 with a CAGR of 3.3% during review period.
No-load tap changer (NLTC), also known as Off-circuit tap changer (OCTC) or De-energized tap changer (DETC), is a tap changer utilized in situations in which a transformer"s turn ratio does not require frequent changing and it is permissible to de-energize the transformer system.
The tap changer is a device that connects and switches the tap taps of the transformer, and is also an important component of the transformer. Mainly divided into on-load tap-changer (OLTC) and off-excitation tap-changer (OCTC). The leading global tap-changer companies are Maschinenfabrik Reinhausen (MR), Huaming Power Equipment and Hitachi Energy (ABB). The market share of the top three companies exceeds 40%.
This report is a detailed and comprehensive analysis for global No-load Tap Changer (NLTC/OCTC/DETC) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by End User. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global No-load Tap Changer (NLTC/OCTC/DETC) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global No-load Tap Changer (NLTC/OCTC/DETC) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global No-load Tap Changer (NLTC/OCTC/DETC) market size and forecasts, by Type and by End User, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global No-load Tap Changer (NLTC/OCTC/DETC) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for No-load Tap Changer (NLTC/OCTC/DETC)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global No-load Tap Changer (NLTC/OCTC/DETC) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Maschinenfabrik Reinhausen (MR), Huaming Power Equipment, Hitachi Energy (ABB), Elprom Heavy Industries, CTR Manufacturing Industries, Easun MR (EMR), On Load Gears, Zhejiang Tenglong Electrical Apparatus, Liaoning Jinli Electric Power Electrical Appliance, China XD Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
No-load Tap Changer (NLTC/OCTC/DETC) market is split by Type and by End User. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by End User in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Strip Type NLTC
Cage Type NLTC
Disc Type NLTC
Market segment by End User
Electric Power Industry
Renewable (Solar, Wind)
HVDC
Network
Furnace
Electrolysis
Generator
Major players covered
Maschinenfabrik Reinhausen (MR)
Huaming Power Equipment
Hitachi Energy (ABB)
Elprom Heavy Industries
CTR Manufacturing Industries
Easun MR (EMR)
On Load Gears
Zhejiang Tenglong Electrical Apparatus
Liaoning Jinli Electric Power Electrical Appliance
China XD Group
Krishna Power Industries
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe No-load Tap Changer (NLTC/OCTC/DETC) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of No-load Tap Changer (NLTC/OCTC/DETC), with price, sales quantity, revenue, and global market share of No-load Tap Changer (NLTC/OCTC/DETC) from 2020 to 2025.
Chapter 3, the No-load Tap Changer (NLTC/OCTC/DETC) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the No-load Tap Changer (NLTC/OCTC/DETC) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by End User, with sales market share and growth rate by Type, by End User, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and No-load Tap Changer (NLTC/OCTC/DETC) market forecast, by regions, by Type, and by End User, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of No-load Tap Changer (NLTC/OCTC/DETC).
Chapter 14 and 15, to describe No-load Tap Changer (NLTC/OCTC/DETC) sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Strip Type NLTC
- 1.3.3 Cage Type NLTC
- 1.3.4 Disc Type NLTC
- 1.4 Market Analysis by End User
- 1.4.1 Overview: Global No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value by End User: 2020 Versus 2024 Versus 2031
- 1.4.2 Electric Power Industry
- 1.4.3 Renewable (Solar, Wind)
- 1.4.4 HVDC
- 1.4.5 Network
- 1.4.6 Furnace
- 1.4.7 Electrolysis
- 1.4.8 Generator
- 1.5 Global No-load Tap Changer (NLTC/OCTC/DETC) Market Size & Forecast
- 1.5.1 Global No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity (2020-2031)
- 1.5.3 Global No-load Tap Changer (NLTC/OCTC/DETC) Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 Maschinenfabrik Reinhausen (MR)
- 2.1.1 Maschinenfabrik Reinhausen (MR) Details
- 2.1.2 Maschinenfabrik Reinhausen (MR) Major Business
- 2.1.3 Maschinenfabrik Reinhausen (MR) No-load Tap Changer (NLTC/OCTC/DETC) Product and Services
- 2.1.4 Maschinenfabrik Reinhausen (MR) No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 Maschinenfabrik Reinhausen (MR) Recent Developments/Updates
- 2.2 Huaming Power Equipment
- 2.2.1 Huaming Power Equipment Details
- 2.2.2 Huaming Power Equipment Major Business
- 2.2.3 Huaming Power Equipment No-load Tap Changer (NLTC/OCTC/DETC) Product and Services
- 2.2.4 Huaming Power Equipment No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Huaming Power Equipment Recent Developments/Updates
- 2.3 Hitachi Energy (ABB)
- 2.3.1 Hitachi Energy (ABB) Details
- 2.3.2 Hitachi Energy (ABB) Major Business
- 2.3.3 Hitachi Energy (ABB) No-load Tap Changer (NLTC/OCTC/DETC) Product and Services
- 2.3.4 Hitachi Energy (ABB) No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 Hitachi Energy (ABB) Recent Developments/Updates
- 2.4 Elprom Heavy Industries
- 2.4.1 Elprom Heavy Industries Details
- 2.4.2 Elprom Heavy Industries Major Business
- 2.4.3 Elprom Heavy Industries No-load Tap Changer (NLTC/OCTC/DETC) Product and Services
- 2.4.4 Elprom Heavy Industries No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Elprom Heavy Industries Recent Developments/Updates
- 2.5 CTR Manufacturing Industries
- 2.5.1 CTR Manufacturing Industries Details
- 2.5.2 CTR Manufacturing Industries Major Business
- 2.5.3 CTR Manufacturing Industries No-load Tap Changer (NLTC/OCTC/DETC) Product and Services
- 2.5.4 CTR Manufacturing Industries No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 CTR Manufacturing Industries Recent Developments/Updates
- 2.6 Easun MR (EMR)
- 2.6.1 Easun MR (EMR) Details
- 2.6.2 Easun MR (EMR) Major Business
- 2.6.3 Easun MR (EMR) No-load Tap Changer (NLTC/OCTC/DETC) Product and Services
- 2.6.4 Easun MR (EMR) No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Easun MR (EMR) Recent Developments/Updates
- 2.7 On Load Gears
- 2.7.1 On Load Gears Details
- 2.7.2 On Load Gears Major Business
- 2.7.3 On Load Gears No-load Tap Changer (NLTC/OCTC/DETC) Product and Services
- 2.7.4 On Load Gears No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 On Load Gears Recent Developments/Updates
- 2.8 Zhejiang Tenglong Electrical Apparatus
- 2.8.1 Zhejiang Tenglong Electrical Apparatus Details
- 2.8.2 Zhejiang Tenglong Electrical Apparatus Major Business
- 2.8.3 Zhejiang Tenglong Electrical Apparatus No-load Tap Changer (NLTC/OCTC/DETC) Product and Services
- 2.8.4 Zhejiang Tenglong Electrical Apparatus No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 Zhejiang Tenglong Electrical Apparatus Recent Developments/Updates
- 2.9 Liaoning Jinli Electric Power Electrical Appliance
- 2.9.1 Liaoning Jinli Electric Power Electrical Appliance Details
- 2.9.2 Liaoning Jinli Electric Power Electrical Appliance Major Business
- 2.9.3 Liaoning Jinli Electric Power Electrical Appliance No-load Tap Changer (NLTC/OCTC/DETC) Product and Services
- 2.9.4 Liaoning Jinli Electric Power Electrical Appliance No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 Liaoning Jinli Electric Power Electrical Appliance Recent Developments/Updates
- 2.10 China XD Group
- 2.10.1 China XD Group Details
- 2.10.2 China XD Group Major Business
- 2.10.3 China XD Group No-load Tap Changer (NLTC/OCTC/DETC) Product and Services
- 2.10.4 China XD Group No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 China XD Group Recent Developments/Updates
- 2.11 Krishna Power Industries
- 2.11.1 Krishna Power Industries Details
- 2.11.2 Krishna Power Industries Major Business
- 2.11.3 Krishna Power Industries No-load Tap Changer (NLTC/OCTC/DETC) Product and Services
- 2.11.4 Krishna Power Industries No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 Krishna Power Industries Recent Developments/Updates
3 Competitive Environment: No-load Tap Changer (NLTC/OCTC/DETC) by Manufacturer
- 3.1 Global No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global No-load Tap Changer (NLTC/OCTC/DETC) Revenue by Manufacturer (2020-2025)
- 3.3 Global No-load Tap Changer (NLTC/OCTC/DETC) Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of No-load Tap Changer (NLTC/OCTC/DETC) by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 No-load Tap Changer (NLTC/OCTC/DETC) Manufacturer Market Share in 2024
- 3.4.3 Top 6 No-load Tap Changer (NLTC/OCTC/DETC) Manufacturer Market Share in 2024
- 3.5 No-load Tap Changer (NLTC/OCTC/DETC) Market: Overall Company Footprint Analysis
- 3.5.1 No-load Tap Changer (NLTC/OCTC/DETC) Market: Region Footprint
- 3.5.2 No-load Tap Changer (NLTC/OCTC/DETC) Market: Company Product Type Footprint
- 3.5.3 No-load Tap Changer (NLTC/OCTC/DETC) Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global No-load Tap Changer (NLTC/OCTC/DETC) Market Size by Region
- 4.1.1 Global No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Region (2020-2031)
- 4.1.2 Global No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value by Region (2020-2031)
- 4.1.3 Global No-load Tap Changer (NLTC/OCTC/DETC) Average Price by Region (2020-2031)
- 4.2 North America No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value (2020-2031)
- 4.3 Europe No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value (2020-2031)
- 4.4 Asia-Pacific No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value (2020-2031)
- 4.5 South America No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value (2020-2031)
- 4.6 Middle East & Africa No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Type (2020-2031)
- 5.2 Global No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value by Type (2020-2031)
- 5.3 Global No-load Tap Changer (NLTC/OCTC/DETC) Average Price by Type (2020-2031)
6 Market Segment by End User
- 6.1 Global No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by End User (2020-2031)
- 6.2 Global No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value by End User (2020-2031)
- 6.3 Global No-load Tap Changer (NLTC/OCTC/DETC) Average Price by End User (2020-2031)
7 North America
- 7.1 North America No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Type (2020-2031)
- 7.2 North America No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by End User (2020-2031)
- 7.3 North America No-load Tap Changer (NLTC/OCTC/DETC) Market Size by Country
- 7.3.1 North America No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Country (2020-2031)
- 7.3.2 North America No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Type (2020-2031)
- 8.2 Europe No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by End User (2020-2031)
- 8.3 Europe No-load Tap Changer (NLTC/OCTC/DETC) Market Size by Country
- 8.3.1 Europe No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Country (2020-2031)
- 8.3.2 Europe No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by End User (2020-2031)
- 9.3 Asia-Pacific No-load Tap Changer (NLTC/OCTC/DETC) Market Size by Region
- 9.3.1 Asia-Pacific No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Type (2020-2031)
- 10.2 South America No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by End User (2020-2031)
- 10.3 South America No-load Tap Changer (NLTC/OCTC/DETC) Market Size by Country
- 10.3.1 South America No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Country (2020-2031)
- 10.3.2 South America No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by End User (2020-2031)
- 11.3 Middle East & Africa No-load Tap Changer (NLTC/OCTC/DETC) Market Size by Country
- 11.3.1 Middle East & Africa No-load Tap Changer (NLTC/OCTC/DETC) Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa No-load Tap Changer (NLTC/OCTC/DETC) Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 No-load Tap Changer (NLTC/OCTC/DETC) Market Drivers
- 12.2 No-load Tap Changer (NLTC/OCTC/DETC) Market Restraints
- 12.3 No-load Tap Changer (NLTC/OCTC/DETC) Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of No-load Tap Changer (NLTC/OCTC/DETC) and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of No-load Tap Changer (NLTC/OCTC/DETC)
- 13.3 No-load Tap Changer (NLTC/OCTC/DETC) Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 No-load Tap Changer (NLTC/OCTC/DETC) Typical Distributors
- 14.3 No-load Tap Changer (NLTC/OCTC/DETC) Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on No-load Tap Changer (NLTC/OCTC/DETC). Industry analysis & Market Report on No-load Tap Changer (NLTC/OCTC/DETC) is a syndicated market report, published as Global No-load Tap Changer (NLTC/OCTC/DETC) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of No-load Tap Changer (NLTC/OCTC/DETC) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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