Global Dissolved Gas Analyzer Market, By Type (Smoke Alarms, Early Warning DGA Monitoring, Comprehensive DGA Monitoring, Laboratory Services, Database Software, Portable DGA Devices), Gas Type (Single Use, Multi- Gas), Technology (Gas Chromatography, Photo Acoustic Spectroscopy, Others), Product Type (Online, Portable, Laboratory Use), Extraction Type (Vacuum Extraction or Rack Method, Headspace Extraction, Stripper Column Method, Others), Power Rating (100 - 500 MVA, 501-800 MVA, 801-1200 MVA), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The dissolved gas analyzer market is expected to witness market growth at a rate of 5.00% in the forecast period of 2021 to 2028 and is expected to reach USD value of 1453.28 million by 2028. Data Bridge Market Research report on dissolved gas analyzer market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the power industry globally is escalating the growth of dissolved gas analyzer market.
In various industries, especially in oil and gas, dissolved gases are often generated by equipments. These gases tend to possess huge amount of hydrocarbons and complex chemical components generated during power transformer operations. These gases get dissolved in oils used in transformers, and the level of gas generated by these equipments is identified with the help of dissolved gas analyser.
The surge in investment in power transformers and industrial infrastructure acts as one of the major factors driving the growth of the dissolved gas analyzer market. The implementation of several regulations regarding the environment and power industry, and high adoption of these equipment for diagnosing the presence of gases to maintain transformers accelerate the market growth. The high cost of replacing depreciating transformer and use for identifying and monitoring the probability and nature of faults in power transformers, and critical transformers further influence the market. Additionally, rise in demand for power and energy across the globe, urbanization, and industrialization, and high investment in oil and gas sector positively affect the dissolved gas analyzer market. Furthermore, technological advancements and rise in adoption of online DGA (dissolved gas analysis) extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the instalment of the analyser is expected to obstruct the market growth. Limitations in diagnosis techniques to precisely locate the fault are projected to challenge the dissolved gas analyzer market in the forecast period of 2021-2028.
This dissolved gas analyzer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on dissolved gas analyzer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Dissolved Gas Analyzer Market Scope and Market Size
The dissolved gas analyzer market is segmented on the basis of type, gas type, technology, product type, extraction type, and power rating. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the dissolved gas analyzer market is segmented into smoke alarms, early warning DGA monitoring, comprehensive DGA monitoring, laboratory services, database software, and portable DGA Devices.
- On the basis of gas type, the dissolved gas analyzer market is segmented into single use and multi- gas.
- On the basis of technology, the dissolved gas analyzer market is segmented into gas chromatography, photo acoustic spectroscopy, and others.
- On the basis of product type, the dissolved gas analyzer market is segmented into online, portable, and laboratory use.
- On the basis of extraction type, the dissolved gas analyzer market is segmented into vacuum extraction or rack method, headspace extraction, stripper column method, and others.
- On the basis of power rating, the dissolved gas analyzer market is segmented into 100 - 500 MVA, 501-800 MVA, and 801-1200 MVA.
Global Dissolved Gas Analyzer Market Country Level Analysis
The dissolved gas analyzer market is analyzed, and market size, volume information is provided by country, type, gas type, technology, product type, extraction type, and power rating as referenced above.
The countries covered in the global dissolved gas analyzer market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the dissolved gas analyzer market because of the adoption of online DGA analysis along with the rise in application of dissolved gas analyzers in large power transformer bases within the region. North America is expected to be the fastest growing market during the forecast period of 2021 to 2028 because of the increase in need to detect faults among newly installed transformers in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Dissolved Gas Analyzer Market Share Analysis
The dissolved gas analyzer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to dissolved gas analyzer market.
The major players covered in the dissolved gas analyzer market report are ABB, Doble Engineering Company., Gatron GmbH, General Electric, LumaSense Technologies Inc., Morgan Schaffer, Qualitrol Company LLC, Siemens, SDMyers, Vaisala, Weidmann Electrical Technology AG, Inch Automation, SRI Instruments, Sanmi Corporation, and MM Tech., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Dissolved Gas Analyzer Market
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