Report Detail
Global On-load Tap Changer (OLTC) Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032
- RnM4666313 |
- 22 January, 2026 |
- Global |
- 120 Pages |
- GIR |
- Energy & Power
According to our (Global Info Research) latest study, the global On-load Tap Changer (OLTC) market size was valued at US$ 778 million in 2025 and is forecast to a readjusted size of US$ 968 million by 2032 with a CAGR of 3.2% during review period.
The tap changer is the key core component of the transformer, also known as the tap changing device of the transformer winding, that is, the tap changer is set at different parts of the transformer winding, and the number of turns of the transformer winding is changed by changing the position of the tap. voltage adjustment. At the same time, the tap changer is the only load-operating component in the transformer composition.OLTC refers to a voltage regulating device suitable for operating under transformer excitation or load and used to change the tap connection position of transformer windings.In the power grid system, OLTC can be used to adjust the voltage without interruption of power supply, to control the direction of power flow, realize cross-regional long-distance power transmission, and at the same time regulate the voltage of the power supply area caused by the change of load to stabilize the voltage. Grid voltage, improving power quality. In addition to the power grid system, transformers with high energy consumption levels of power equipment, large voltage load changes, and frequent start and stop also need to be equipped with OLTC to improve and stabilize power quality.
Global key players of On-load Tap Changer (OLTC) include Maschinenfabrik Reinhausen (MR), Huaming Power Equipment, Hitachi Energy (ABB), Elprom Heavy Industries, CTR Manufacturing Industries, etc. The top five players hold a share about 82%. Asia-Pacific is the largest market, and has a share about 51%, followed by North Americas and Europe with share 24% and 19%, separately. Vacuum OLTC is the largest segment, occupied for a share of about 57%, and in terms of application, Electric Power Industry has a share about 37 percent.
This report is a detailed and comprehensive analysis for global On-load Tap Changer (OLTC) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. 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 On-load Tap Changer (OLTC) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global On-load Tap Changer (OLTC) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global On-load Tap Changer (OLTC) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global On-load Tap Changer (OLTC) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2021-2026
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 On-load Tap Changer (OLTC)
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 On-load Tap Changer (OLTC) 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), Shandong Taikai Transformer, On Load Gears, Zhejiang Tenglong Electrical Apparatus, Liaoning Jinli Electric Power Electrical Appliance, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
On-load Tap Changer (OLTC) market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Vacuum OLTC
Conventional OLTC
Market segment by Application
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)
Shandong Taikai Transformer
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 On-load Tap Changer (OLTC) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of On-load Tap Changer (OLTC), with price, sales quantity, revenue, and global market share of On-load Tap Changer (OLTC) from 2021 to 2026.
Chapter 3, the On-load Tap Changer (OLTC) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the On-load Tap Changer (OLTC) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
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 2021 to 2026.and On-load Tap Changer (OLTC) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
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 On-load Tap Changer (OLTC).
Chapter 14 and 15, to describe On-load Tap Changer (OLTC) 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 On-load Tap Changer (OLTC) Consumption Value by Type: 2021 Versus 2025 Versus 2032
- 1.3.2 Vacuum OLTC
- 1.3.3 Conventional OLTC
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global On-load Tap Changer (OLTC) Consumption Value by Application: 2021 Versus 2025 Versus 2032
- 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 On-load Tap Changer (OLTC) Market Size & Forecast
- 1.5.1 Global On-load Tap Changer (OLTC) Consumption Value (2021 & 2025 & 2032)
- 1.5.2 Global On-load Tap Changer (OLTC) Sales Quantity (2021-2032)
- 1.5.3 Global On-load Tap Changer (OLTC) Average Price (2021-2032)
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) On-load Tap Changer (OLTC) Product and Services
- 2.1.4 Maschinenfabrik Reinhausen (MR) On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 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 On-load Tap Changer (OLTC) Product and Services
- 2.2.4 Huaming Power Equipment On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 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) On-load Tap Changer (OLTC) Product and Services
- 2.3.4 Hitachi Energy (ABB) On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 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 On-load Tap Changer (OLTC) Product and Services
- 2.4.4 Elprom Heavy Industries On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 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 On-load Tap Changer (OLTC) Product and Services
- 2.5.4 CTR Manufacturing Industries On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 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) On-load Tap Changer (OLTC) Product and Services
- 2.6.4 Easun MR (EMR) On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.6.5 Easun MR (EMR) Recent Developments/Updates
- 2.7 Shandong Taikai Transformer
- 2.7.1 Shandong Taikai Transformer Details
- 2.7.2 Shandong Taikai Transformer Major Business
- 2.7.3 Shandong Taikai Transformer On-load Tap Changer (OLTC) Product and Services
- 2.7.4 Shandong Taikai Transformer On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.7.5 Shandong Taikai Transformer Recent Developments/Updates
- 2.8 On Load Gears
- 2.8.1 On Load Gears Details
- 2.8.2 On Load Gears Major Business
- 2.8.3 On Load Gears On-load Tap Changer (OLTC) Product and Services
- 2.8.4 On Load Gears On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.8.5 On Load Gears Recent Developments/Updates
- 2.9 Zhejiang Tenglong Electrical Apparatus
- 2.9.1 Zhejiang Tenglong Electrical Apparatus Details
- 2.9.2 Zhejiang Tenglong Electrical Apparatus Major Business
- 2.9.3 Zhejiang Tenglong Electrical Apparatus On-load Tap Changer (OLTC) Product and Services
- 2.9.4 Zhejiang Tenglong Electrical Apparatus On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.9.5 Zhejiang Tenglong Electrical Apparatus Recent Developments/Updates
- 2.10 Liaoning Jinli Electric Power Electrical Appliance
- 2.10.1 Liaoning Jinli Electric Power Electrical Appliance Details
- 2.10.2 Liaoning Jinli Electric Power Electrical Appliance Major Business
- 2.10.3 Liaoning Jinli Electric Power Electrical Appliance On-load Tap Changer (OLTC) Product and Services
- 2.10.4 Liaoning Jinli Electric Power Electrical Appliance On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.10.5 Liaoning Jinli Electric Power Electrical Appliance Recent Developments/Updates
- 2.11 China XD Group
- 2.11.1 China XD Group Details
- 2.11.2 China XD Group Major Business
- 2.11.3 China XD Group On-load Tap Changer (OLTC) Product and Services
- 2.11.4 China XD Group On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.11.5 China XD Group Recent Developments/Updates
- 2.12 Krishna Power Industries
- 2.12.1 Krishna Power Industries Details
- 2.12.2 Krishna Power Industries Major Business
- 2.12.3 Krishna Power Industries On-load Tap Changer (OLTC) Product and Services
- 2.12.4 Krishna Power Industries On-load Tap Changer (OLTC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.12.5 Krishna Power Industries Recent Developments/Updates
3 Competitive Environment: On-load Tap Changer (OLTC) by Manufacturer
- 3.1 Global On-load Tap Changer (OLTC) Sales Quantity by Manufacturer (2021-2026)
- 3.2 Global On-load Tap Changer (OLTC) Revenue by Manufacturer (2021-2026)
- 3.3 Global On-load Tap Changer (OLTC) Average Price by Manufacturer (2021-2026)
- 3.4 Market Share Analysis (2025)
- 3.4.1 Producer Shipments of On-load Tap Changer (OLTC) by Manufacturer Revenue ($MM) and Market Share (%): 2025
- 3.4.2 Top 3 On-load Tap Changer (OLTC) Manufacturer Market Share in 2025
- 3.4.3 Top 6 On-load Tap Changer (OLTC) Manufacturer Market Share in 2025
- 3.5 On-load Tap Changer (OLTC) Market: Overall Company Footprint Analysis
- 3.5.1 On-load Tap Changer (OLTC) Market: Region Footprint
- 3.5.2 On-load Tap Changer (OLTC) Market: Company Product Type Footprint
- 3.5.3 On-load Tap Changer (OLTC) 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 On-load Tap Changer (OLTC) Market Size by Region
- 4.1.1 Global On-load Tap Changer (OLTC) Sales Quantity by Region (2021-2032)
- 4.1.2 Global On-load Tap Changer (OLTC) Consumption Value by Region (2021-2032)
- 4.1.3 Global On-load Tap Changer (OLTC) Average Price by Region (2021-2032)
- 4.2 North America On-load Tap Changer (OLTC) Consumption Value (2021-2032)
- 4.3 Europe On-load Tap Changer (OLTC) Consumption Value (2021-2032)
- 4.4 Asia-Pacific On-load Tap Changer (OLTC) Consumption Value (2021-2032)
- 4.5 South America On-load Tap Changer (OLTC) Consumption Value (2021-2032)
- 4.6 Middle East & Africa On-load Tap Changer (OLTC) Consumption Value (2021-2032)
5 Market Segment by Type
- 5.1 Global On-load Tap Changer (OLTC) Sales Quantity by Type (2021-2032)
- 5.2 Global On-load Tap Changer (OLTC) Consumption Value by Type (2021-2032)
- 5.3 Global On-load Tap Changer (OLTC) Average Price by Type (2021-2032)
6 Market Segment by Application
- 6.1 Global On-load Tap Changer (OLTC) Sales Quantity by Application (2021-2032)
- 6.2 Global On-load Tap Changer (OLTC) Consumption Value by Application (2021-2032)
- 6.3 Global On-load Tap Changer (OLTC) Average Price by Application (2021-2032)
7 North America
- 7.1 North America On-load Tap Changer (OLTC) Sales Quantity by Type (2021-2032)
- 7.2 North America On-load Tap Changer (OLTC) Sales Quantity by Application (2021-2032)
- 7.3 North America On-load Tap Changer (OLTC) Market Size by Country
- 7.3.1 North America On-load Tap Changer (OLTC) Sales Quantity by Country (2021-2032)
- 7.3.2 North America On-load Tap Changer (OLTC) Consumption Value by Country (2021-2032)
- 7.3.3 United States Market Size and Forecast (2021-2032)
- 7.3.4 Canada Market Size and Forecast (2021-2032)
- 7.3.5 Mexico Market Size and Forecast (2021-2032)
8 Europe
- 8.1 Europe On-load Tap Changer (OLTC) Sales Quantity by Type (2021-2032)
- 8.2 Europe On-load Tap Changer (OLTC) Sales Quantity by Application (2021-2032)
- 8.3 Europe On-load Tap Changer (OLTC) Market Size by Country
- 8.3.1 Europe On-load Tap Changer (OLTC) Sales Quantity by Country (2021-2032)
- 8.3.2 Europe On-load Tap Changer (OLTC) Consumption Value by Country (2021-2032)
- 8.3.3 Germany Market Size and Forecast (2021-2032)
- 8.3.4 France Market Size and Forecast (2021-2032)
- 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
- 8.3.6 Russia Market Size and Forecast (2021-2032)
- 8.3.7 Italy Market Size and Forecast (2021-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific On-load Tap Changer (OLTC) Sales Quantity by Type (2021-2032)
- 9.2 Asia-Pacific On-load Tap Changer (OLTC) Sales Quantity by Application (2021-2032)
- 9.3 Asia-Pacific On-load Tap Changer (OLTC) Market Size by Region
- 9.3.1 Asia-Pacific On-load Tap Changer (OLTC) Sales Quantity by Region (2021-2032)
- 9.3.2 Asia-Pacific On-load Tap Changer (OLTC) Consumption Value by Region (2021-2032)
- 9.3.3 China Market Size and Forecast (2021-2032)
- 9.3.4 Japan Market Size and Forecast (2021-2032)
- 9.3.5 South Korea Market Size and Forecast (2021-2032)
- 9.3.6 India Market Size and Forecast (2021-2032)
- 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
- 9.3.8 Australia Market Size and Forecast (2021-2032)
10 South America
- 10.1 South America On-load Tap Changer (OLTC) Sales Quantity by Type (2021-2032)
- 10.2 South America On-load Tap Changer (OLTC) Sales Quantity by Application (2021-2032)
- 10.3 South America On-load Tap Changer (OLTC) Market Size by Country
- 10.3.1 South America On-load Tap Changer (OLTC) Sales Quantity by Country (2021-2032)
- 10.3.2 South America On-load Tap Changer (OLTC) Consumption Value by Country (2021-2032)
- 10.3.3 Brazil Market Size and Forecast (2021-2032)
- 10.3.4 Argentina Market Size and Forecast (2021-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa On-load Tap Changer (OLTC) Sales Quantity by Type (2021-2032)
- 11.2 Middle East & Africa On-load Tap Changer (OLTC) Sales Quantity by Application (2021-2032)
- 11.3 Middle East & Africa On-load Tap Changer (OLTC) Market Size by Country
- 11.3.1 Middle East & Africa On-load Tap Changer (OLTC) Sales Quantity by Country (2021-2032)
- 11.3.2 Middle East & Africa On-load Tap Changer (OLTC) Consumption Value by Country (2021-2032)
- 11.3.3 Turkey Market Size and Forecast (2021-2032)
- 11.3.4 Egypt Market Size and Forecast (2021-2032)
- 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
- 11.3.6 South Africa Market Size and Forecast (2021-2032)
12 Market Dynamics
- 12.1 On-load Tap Changer (OLTC) Market Drivers
- 12.2 On-load Tap Changer (OLTC) Market Restraints
- 12.3 On-load Tap Changer (OLTC) 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 On-load Tap Changer (OLTC) and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of On-load Tap Changer (OLTC)
- 13.3 On-load Tap Changer (OLTC) 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 On-load Tap Changer (OLTC) Typical Distributors
- 14.3 On-load Tap Changer (OLTC) 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 On-load Tap Changer (OLTC). Industry analysis & Market Report on On-load Tap Changer (OLTC) is a syndicated market report, published as Global On-load Tap Changer (OLTC) Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of On-load Tap Changer (OLTC) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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