Dissolved Gas Analyzer Market Size - By Type (Multi Gas Analyzers, Portable Analyzers, Online Analyzers), By Extraction Type (Vacuum Extraction, Headspace Extraction, Stripper Column Method), By End-use, Power Rating & Forecast, 2024 - 2032

Dissolved Gas Analyzer Market Size - By Type (Multi Gas Analyzers, Portable Analyzers, Online Analyzers), By Extraction Type (Vacuum Extraction, Headspace Extraction, Stripper Column Method), By End-use, Power Rating & Forecast, 2024 - 2032

Dissolved Gas Analyzer Market size will record over 3% CAGR from 2024-2032, due to surging integration with IoT and other smart technologies to render real-time data monitoring, remote diagnostics, and advanced analytics. For example, in August 2022, Doble Engineering Company released its new Calisto R9 dissolved gas analysis monitor to provide accurate gas readings over the long haul while eliminating the maintenance costs of consumable gas cylinders.

Several new dissolved gas analyzer (DGA) technologies are also offering improved accuracy and sensitivity in detecting trace amounts of dissolved gases, leading to better diagnostics and predictive maintenance. Growing investments in DGA systems as part of broader asset management strategies to extend the lifespan of their equipment and optimize operational efficiency will influence the product demand.

The dissolved gas analyzer industry is classified into type, extraction type, power rating, end use industry, and region.

In terms of type, the market size from the online analyzers segment may record a robust CAGR from 2024 to 2032 driven by their ability to provide continuous, real-time monitoring of dissolved gases for offering immediate feedback on the condition of equipment or processes. This is prompting the detection of issues and quicker responses to prevent costly breakdowns and improve operational efficiency. These analyzers are also designed to deliver highly accurate and reliable measurements crucial for detecting early signs of equipment failure and process anomalies for maintaining safety and optimizing performance.

By end use industry, the DGA market value from the mining segment will expand through 2032. This can be attributed to higher adoption to detect harmful gases like methane, hydrogen, and carbon dioxide, which could indicate potential hazards, such as gas leaks or combustion risks. The rising application in monitoring gas emissions, condition-based maintenance, and environmental management for maintaining safe and efficient mining operations will boost the segment growth.

Asia Pacific dissolved gas analyzer industry size may witness a significant growth rate through 2032, due to growing emphasis on preventive maintenance and condition monitoring of critical equipment, such as transformers and reactors. Rapid urbanization and the expansion of infrastructure projects are necessitating reliable monitoring systems to ensure the safety and efficiency of electrical grids and industrial processes. Rapid industrialization, particularly in sectors like power generation, petrochemicals, and manufacturing, will also drive the regional product demand.