Global On-load Tap Changer (OLTC) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global On-load Tap Changer (OLTC) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global On-load Tap Changer (OLTC) market finds that the global On-load Tap Changer (OLTC) market reached a value of USD 733.17 million in 2022. It’s expected that the market will achieve USD 1206.49 million by 2028, exhibiting a CAGR of 8.66% during the forecast period.

Maschinenfabrik Reinhausen acquires two transformer components manufacturers in Italy.

May 9, 2019.

German company Maschinenfabrik Reinhausen GmbH (MR) has announced it has increased its 70% stake in CEDASPE, based in Giuliano Milanese (near Milano), to 100% with effect from January 1, 2019. Moreover, MR has acquired the company ETI Elettrindustria S.r.L. (ETI), based in Cormano, Italy (near Milano), retroactively with effect from January 1, 2019. With these acquisitions, MR has increased its product portfolio in regard to components and accessories for distribution and power transformers.

Company Overview:

Maschinenfabrik Reinhausen GmbH

The Maschinenfabrik Reinhausen GmbH is based in Regensburg and has 31 subsidiaries and associated companies. The company is internationally successful in the electric engineering sector. Founded in 1868, the company has been a primarily family-owned company for five generations. Maschinenfabrik Reinhausen GmbH manufactures power transformers. The Company offers construction of high-voltage testing and diagnostic systems, composite insulators, conceptual design of systems for reactive power compensation, and surface modification using atmospheric-pressure plasma technologies.

Huaming Power Equipment
Type CM is a classic on-load tap changer composed by diverter switch & tap selector. It covers the widest application range from small power up to large power transformers. After a long history of operation and modifications, today type CM is one of the most reliable tap changers, which is able to withstand heavy duty with over 1,000 daily operations in furnace application.

Key Companies in the global On-load Tap Changer (OLTC) market covered in Chapter 3:

Elprom Heavy Industries
On Load Gears
Hitachi ABB Power Grids Ltd
CTR Manufacturing Industries
Prolec GE Waukesha, Inc
Liaoning Jinli Electric Power Electrical
Shandong Taikai Transformer Co., Ltd
Huaming Power Equipment
Maschinenfabrik Reinhausen GmbH

In Chapter 4 and Chapter 14.2, on the basis of types, the On-load Tap Changer (OLTC) market from 2018 to 2029 is primarily split into:

Vacuum OLTC
Conventional OLTC

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the On-load Tap Changer (OLTC) market from 2018 to 2029 covers:

Electric Power Industry
Renewable (Solar, Wind)
HVDC
Network
Furnace
Electrolysis
Generator
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)