On-load tap changer (OLTC), also known as On-circuit tap changer (OCTC), is a tap changer in applications where a supply interruption during a tap change is unacceptable, the transformer is often fitted with a more expensive and complex on load tap changing mechanism. On load tap changers may be generally classified as either mechanical, electronically assisted, or fully electronic.
Market Analysis and Insights: Global and United States On-load Tap Changer (OLTC) Market
This report focuses on global and United States On-load Tap Changer (OLTC) market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global On-load Tap Changer (OLTC) market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, by Type, Vacuum OLTC accounting for % of the On-load Tap Changer (OLTC) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While by Application, Electric Power Industry was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the On-load Tap Changer (OLTC) market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global On-load Tap Changer (OLTC) Scope and Market Size
On-load Tap Changer (OLTC) market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global On-load Tap Changer (OLTC) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the On-load Tap Changer (OLTC) market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Vacuum OLTC
Oil-immersed OLTC
Segment by Application
Electric Power Industry
Solar & Wind
HVDC
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Maschinenfabrik Reinhausen GmbH
Hitachi Energy
SEI Electric LLC
Elprom Heavy Industries
Huaming Power Equipment
Shandong Taikai Transformer Co., Ltd
Liaoning Jinli Electric Power Electrical Appliance Co., Ltd
Zhejiang Tenglong Electrical Apparatus Co., Ltd.
Krishna Power
CTR Manufacturing Industries
On Load Gears