The tap changer is one of the important components of the transformer. It means setting tap taps at different parts of the transformer winding, changing the position of the tap, and changing the number of turns of the transformer winding. This achieves the voltage regulation effect of voltage fluctuations caused by load changes and stabilizes the grid voltage.
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, the on-load voltage regulating switch (OLTC) can be used to adjust the voltage without interrupting the power supply, control the direction of the flow, realize long-distance power transmission across regions, and at the same time adjust the area caused by the change of the power supply voltage load to stabilize the voltage and improve Power Quality. In addition to the power grid system, transformers with high energy consumption levels, large voltage load changes, and frequent starts and stops of power equipment also need to be equipped with on-load tap-changers to improve and stabilize power quality.
According to the new market research report "On-load Tap Changer (OLTC)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global On-load Tap Changer (OLTC) market size is projected to reach USD 698 million by 2029, at a CAGR of 3.2% during the forecast period.
- Global On-load Tap Changer (OLTC) MarketSize(US$ Million), 2018-2029
Source: QYResearch, "On-load Tap Changer (OLTC)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global On-load Tap Changer (OLTC) Top12Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "On-load Tap Changer (OLTC)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of On-load Tap Changer (OLTC) include Maschinenfabrik Reinhausen (MR), Huaming Power Equipment, Hitachi Energy (ABB), Elprom Heavy Industries, CTR Manufacturing Industries, Easun MR (EMR), etc. In 2022, the global top 10 players had a share approximately 91.0% in terms of revenue.
About The Authors
| Jiashi Dong
Lead Author Email: dongjiashi@qyresearch.com
QYResearch Guangzhou Branch Analyst, as a member of QYResearch Semiconductor Equipment and Materials Department. The main research directions are in the fields of semiconductor equipment, materials, Robot, and thermally conductive powders. Some subdivided research topics include plastic sealing machines, precursors, electroplating equipment, thermally conductive spherical alumina, etc. At the same time, he is also engaged in the development of market segment reports and participates in the writing of customized projects. |
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