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Machinery & Equipment Global Tap Changer Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4621119
    • |
  • 20 August, 2025
    • |
  • Global
    • |
  • 129 Pages
    • |
  • GIR
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Tap Changer market size was valued at US$ 900 million in 2024 and is forecast to a readjusted size of USD 1292 million by 2031 with a CAGR of 5.4% during review period.
The tap changer is used for the tap change and connection of coil equipment. It is divided into off-excitation tap-changer and on-load tap-changer. The power transformer has ±5% taps, and the tap connection is changed by a tap changer to change the number of turns of the high voltage coil, thereby regulating the output voltage of the transformer.
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 Tap Changer 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 Tap Changer market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Tap Changer market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Tap Changer market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Tap Changer market shares of main players, shipments in revenue ($ Million), sales quantity (K 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 Tap Changer
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 Tap Changer 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 Reinhausen, Hitachi Energy, Elprom Heavy Industries, Huaming Power Equipment, Shandong Taikai Transformer, Liaoning Jinli Electric Power, Zhejiang Tenglong Electrical, Krishna Power, CTR Manufacturing Industries, On Load Gears, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Tap Changer market is split by Type and by Application. For the period 2020-2031, 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
OLTC
DETC/NLTC/OCTC
Market segment by Application
Electric Power Industry
Renewable (Solar, Wind)
HVDC
Others
Major players covered
Reinhausen
Hitachi Energy
Elprom Heavy Industries
Huaming Power Equipment
Shandong Taikai Transformer
Liaoning Jinli Electric Power
Zhejiang Tenglong Electrical
Krishna Power
CTR Manufacturing Industries
On Load Gears
Wuhan Taipu Transformer Changer
Quality Switch
Albert Maier GmbH
Xi'an Xibian Components
Shandong Yijin Electric
Henan Senyuan Electric
Hebei Wuqiang Weite Electrical
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 Tap Changer product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tap Changer, with price, sales quantity, revenue, and global market share of Tap Changer from 2020 to 2025.
Chapter 3, the Tap Changer competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tap Changer 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 Application, with sales market share and growth rate by Type, by Application, 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 Tap Changer market forecast, by regions, by Type, and by Application, 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 Tap Changer.
Chapter 14 and 15, to describe Tap Changer 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 Tap Changer Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 OLTC
    • 1.3.3 DETC/NLTC/OCTC
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Tap Changer Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Electric Power Industry
    • 1.4.3 Renewable (Solar, Wind)
    • 1.4.4 HVDC
    • 1.4.5 Others
  • 1.5 Global Tap Changer Market Size & Forecast
    • 1.5.1 Global Tap Changer Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Tap Changer Sales Quantity (2020-2031)
    • 1.5.3 Global Tap Changer Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Reinhausen
    • 2.1.1 Reinhausen Details
    • 2.1.2 Reinhausen Major Business
    • 2.1.3 Reinhausen Tap Changer Product and Services
    • 2.1.4 Reinhausen Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Reinhausen Recent Developments/Updates
  • 2.2 Hitachi Energy
    • 2.2.1 Hitachi Energy Details
    • 2.2.2 Hitachi Energy Major Business
    • 2.2.3 Hitachi Energy Tap Changer Product and Services
    • 2.2.4 Hitachi Energy Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Hitachi Energy Recent Developments/Updates
  • 2.3 Elprom Heavy Industries
    • 2.3.1 Elprom Heavy Industries Details
    • 2.3.2 Elprom Heavy Industries Major Business
    • 2.3.3 Elprom Heavy Industries Tap Changer Product and Services
    • 2.3.4 Elprom Heavy Industries Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Elprom Heavy Industries Recent Developments/Updates
  • 2.4 Huaming Power Equipment
    • 2.4.1 Huaming Power Equipment Details
    • 2.4.2 Huaming Power Equipment Major Business
    • 2.4.3 Huaming Power Equipment Tap Changer Product and Services
    • 2.4.4 Huaming Power Equipment Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Huaming Power Equipment Recent Developments/Updates
  • 2.5 Shandong Taikai Transformer
    • 2.5.1 Shandong Taikai Transformer Details
    • 2.5.2 Shandong Taikai Transformer Major Business
    • 2.5.3 Shandong Taikai Transformer Tap Changer Product and Services
    • 2.5.4 Shandong Taikai Transformer Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Shandong Taikai Transformer Recent Developments/Updates
  • 2.6 Liaoning Jinli Electric Power
    • 2.6.1 Liaoning Jinli Electric Power Details
    • 2.6.2 Liaoning Jinli Electric Power Major Business
    • 2.6.3 Liaoning Jinli Electric Power Tap Changer Product and Services
    • 2.6.4 Liaoning Jinli Electric Power Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Liaoning Jinli Electric Power Recent Developments/Updates
  • 2.7 Zhejiang Tenglong Electrical
    • 2.7.1 Zhejiang Tenglong Electrical Details
    • 2.7.2 Zhejiang Tenglong Electrical Major Business
    • 2.7.3 Zhejiang Tenglong Electrical Tap Changer Product and Services
    • 2.7.4 Zhejiang Tenglong Electrical Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Zhejiang Tenglong Electrical Recent Developments/Updates
  • 2.8 Krishna Power
    • 2.8.1 Krishna Power Details
    • 2.8.2 Krishna Power Major Business
    • 2.8.3 Krishna Power Tap Changer Product and Services
    • 2.8.4 Krishna Power Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Krishna Power Recent Developments/Updates
  • 2.9 CTR Manufacturing Industries
    • 2.9.1 CTR Manufacturing Industries Details
    • 2.9.2 CTR Manufacturing Industries Major Business
    • 2.9.3 CTR Manufacturing Industries Tap Changer Product and Services
    • 2.9.4 CTR Manufacturing Industries Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 CTR Manufacturing Industries Recent Developments/Updates
  • 2.10 On Load Gears
    • 2.10.1 On Load Gears Details
    • 2.10.2 On Load Gears Major Business
    • 2.10.3 On Load Gears Tap Changer Product and Services
    • 2.10.4 On Load Gears Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 On Load Gears Recent Developments/Updates
  • 2.11 Wuhan Taipu Transformer Changer
    • 2.11.1 Wuhan Taipu Transformer Changer Details
    • 2.11.2 Wuhan Taipu Transformer Changer Major Business
    • 2.11.3 Wuhan Taipu Transformer Changer Tap Changer Product and Services
    • 2.11.4 Wuhan Taipu Transformer Changer Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Wuhan Taipu Transformer Changer Recent Developments/Updates
  • 2.12 Quality Switch
    • 2.12.1 Quality Switch Details
    • 2.12.2 Quality Switch Major Business
    • 2.12.3 Quality Switch Tap Changer Product and Services
    • 2.12.4 Quality Switch Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Quality Switch Recent Developments/Updates
  • 2.13 Albert Maier GmbH
    • 2.13.1 Albert Maier GmbH Details
    • 2.13.2 Albert Maier GmbH Major Business
    • 2.13.3 Albert Maier GmbH Tap Changer Product and Services
    • 2.13.4 Albert Maier GmbH Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Albert Maier GmbH Recent Developments/Updates
  • 2.14 Xi'an Xibian Components
    • 2.14.1 Xi'an Xibian Components Details
    • 2.14.2 Xi'an Xibian Components Major Business
    • 2.14.3 Xi'an Xibian Components Tap Changer Product and Services
    • 2.14.4 Xi'an Xibian Components Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Xi'an Xibian Components Recent Developments/Updates
  • 2.15 Shandong Yijin Electric
    • 2.15.1 Shandong Yijin Electric Details
    • 2.15.2 Shandong Yijin Electric Major Business
    • 2.15.3 Shandong Yijin Electric Tap Changer Product and Services
    • 2.15.4 Shandong Yijin Electric Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Shandong Yijin Electric Recent Developments/Updates
  • 2.16 Henan Senyuan Electric
    • 2.16.1 Henan Senyuan Electric Details
    • 2.16.2 Henan Senyuan Electric Major Business
    • 2.16.3 Henan Senyuan Electric Tap Changer Product and Services
    • 2.16.4 Henan Senyuan Electric Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Henan Senyuan Electric Recent Developments/Updates
  • 2.17 Hebei Wuqiang Weite Electrical
    • 2.17.1 Hebei Wuqiang Weite Electrical Details
    • 2.17.2 Hebei Wuqiang Weite Electrical Major Business
    • 2.17.3 Hebei Wuqiang Weite Electrical Tap Changer Product and Services
    • 2.17.4 Hebei Wuqiang Weite Electrical Tap Changer Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 Hebei Wuqiang Weite Electrical Recent Developments/Updates

3 Competitive Environment: Tap Changer by Manufacturer

  • 3.1 Global Tap Changer Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Tap Changer Revenue by Manufacturer (2020-2025)
  • 3.3 Global Tap Changer Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Tap Changer by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Tap Changer Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Tap Changer Manufacturer Market Share in 2024
  • 3.5 Tap Changer Market: Overall Company Footprint Analysis
    • 3.5.1 Tap Changer Market: Region Footprint
    • 3.5.2 Tap Changer Market: Company Product Type Footprint
    • 3.5.3 Tap Changer 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 Tap Changer Market Size by Region
    • 4.1.1 Global Tap Changer Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Tap Changer Consumption Value by Region (2020-2031)
    • 4.1.3 Global Tap Changer Average Price by Region (2020-2031)
  • 4.2 North America Tap Changer Consumption Value (2020-2031)
  • 4.3 Europe Tap Changer Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Tap Changer Consumption Value (2020-2031)
  • 4.5 South America Tap Changer Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Tap Changer Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Tap Changer Sales Quantity by Type (2020-2031)
  • 5.2 Global Tap Changer Consumption Value by Type (2020-2031)
  • 5.3 Global Tap Changer Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Tap Changer Sales Quantity by Application (2020-2031)
  • 6.2 Global Tap Changer Consumption Value by Application (2020-2031)
  • 6.3 Global Tap Changer Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Tap Changer Sales Quantity by Type (2020-2031)
  • 7.2 North America Tap Changer Sales Quantity by Application (2020-2031)
  • 7.3 North America Tap Changer Market Size by Country
    • 7.3.1 North America Tap Changer Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Tap Changer 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 Tap Changer Sales Quantity by Type (2020-2031)
  • 8.2 Europe Tap Changer Sales Quantity by Application (2020-2031)
  • 8.3 Europe Tap Changer Market Size by Country
    • 8.3.1 Europe Tap Changer Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Tap Changer 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 Tap Changer Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Tap Changer Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Tap Changer Market Size by Region
    • 9.3.1 Asia-Pacific Tap Changer Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Tap Changer 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 Tap Changer Sales Quantity by Type (2020-2031)
  • 10.2 South America Tap Changer Sales Quantity by Application (2020-2031)
  • 10.3 South America Tap Changer Market Size by Country
    • 10.3.1 South America Tap Changer Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Tap Changer 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 Tap Changer Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Tap Changer Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Tap Changer Market Size by Country
    • 11.3.1 Middle East & Africa Tap Changer Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Tap Changer 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 Tap Changer Market Drivers
  • 12.2 Tap Changer Market Restraints
  • 12.3 Tap Changer 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 Tap Changer and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Tap Changer
  • 13.3 Tap Changer 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 Tap Changer Typical Distributors
  • 14.3 Tap Changer 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 Tap Changer. Industry analysis & Market Report on Tap Changer is a syndicated market report, published as Global Tap Changer Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Tap Changer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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