Global Dissolved Gas Analyzer Market Size study, By Extraction Type (Vacuum Extraction, Headspace Extraction, Striper Column Method), By Power Rating (100-500 MVA, 501-800 MVA, 801-1200 MVA), and Regional Forecasts 2022-2028
Global Dissolved Gas Analyzer Market is valued approximately USD XX Billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028.
The main purpose of dissolved gas analyzers is to detect the presence of gases in power transformers. During power transformer operations, a lot of hydrocarbons and heavy chemical components frequently produce dissolved gases. These gases most likely have an impact on a power transformer's performance. In the early phases, dissolved gas analyzers assist in extracting even minute traces of fault gases from the transformer oil. Around the world, numerous countries are preparing to automate their electricity distribution system. For instance, the Myanmar National Electrification Plan declared in 2019 that by 2030, the whole electrical distribution system would be automated. The global market for dissolved gas analyzers is anticipated to be driven by an increase in legislation aimed at lowering carbon footprints and environmental pollutants during the projected period. Additionally, in January 2020, Siemens has purchased C&S Electric in India. This acquisition will enable Siemens to meet the country's increasing electrification rate as well as the government's focus on developing the necessary power grid infrastructure, which in turn requires efficient transmission and distribution systems, which could support the demand for gas analyzers. Along with this, rise in research and development in the industry is driving the growth for the market over the forecasted period. However, high cost associated with the power transformers is limiting the market growth over the projected period.
The key regions considered for the global Dissolved Gas Analyzer Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-pacific is the leading region across the world in terms of market share owing to the Growing use of dissolved gas analyzers in big power transformer bases in the area together with expanding usage of online DGA analysis. Additionally, the increased government investment in industrial infrastructure projects and power transformers for increasing power capacity to address the lack of electricity, particularly in emerging economies like India, China, and Indonesia, are anticipated to positively affect the region's product demand. Whereas, the market in North America is anticipated to expand significantly as a result of the rising need for extending the lifespan of old transformers and the necessity to identify defects in newly installed transformers.
Major market players included in this report are:
LumaSense Technologies
General Electric
Siemens
Weidmann
Morgan Schaffer Inc.
Doble Engineering
ABB Ltd
OELCHECK Gmbh
SD Myers, Inc
Qualitrol Company LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed inExtraction Typeation about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Extraction Type
Vacuum Extraction
Headspace Extraction
Striper Column Method
By Power Rating
100-500 MVA
501-800 MVA
801-1200 MVA
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Dissolved Gas Analyzer Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
LumaSense Technologies
General Electric
Siemens
Weidmann
Morgan Schaffer Inc.
Doble Engineering
ABB Ltd
OELCHECK Gmbh
SD Myers, Inc
Qualitrol Company LLC
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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