Dissolved Gas Analyzer Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Dissolved Gas Analyzer Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : May, 2020 | Semiconductor & Electronics | PPT format

Report Digest


Global Dissolved Gas Analyzer Market: Overview

The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer. To evaluate the nature of the gases and their potential threats, dissolved gas analyzers are used for understanding the faults. Thus, the growing number of aging power transformers and adoption of low cost testing methods for dissolved gases are expected to fuel the growth of the global dissolved gas analyzer market. 

Global Dissolved Gas Analyzer Market: Drivers and Trends

The demand for dissolved gas analyzers is projected to reach soaring heights due to emergence of the utility sector. The increasing installations and upgradation of power transformers across the globe are expected to favor market’s growth in the coming years. Growing number of resolutions pertaining to rising environmental pollution are also expected to have a positive influence on the global market. Initiatives taken by various governments across the globe to reduce the carbon footprint are expected to benefit the overall market in the coming years. 

Global Dissolved Gas Analyzer Market: Market Potential

The demand for dissolved gas analyzers is expected to spike in the coming years as the end users industries are working toward maximizing reliability of their equipment and minimizing the risks involved in using them. The high risks in power transformers facilities due to aging, lack of financial resources, and draining workforce has coaxed units to ensure constant monitoring. This has spurred a terrific demand for dissolved gas analyzers as they help in assessing the presence of harmful gases. 

In line with this trend, Austin Energy installed this monitor on its three 138 kV transformers. The dissolved gas analyzers offer a single value in ppm on the basis of gases such as acetylene, hydrogen, carbon monoxide, and ethylene. The data analysis has helped the company understand the degradation of the wind inside the systems along with particle and overheating. In the long-run, Austin Energy will be able to measure the asset health index and pinpoint the possibilities of failure in each transformer. 

Global Dissolved Gas Analyzer Market: Regional Outlook

From a geographical point of view, the global dissolved gas analyzer market is segmented into Asia Pacific, Europe, North America, Africa, Middle East, South America, and Rest of South America. Asia Pacific is projected to dominate the global market in the near future as the developing countries in the region are undergoing infrastructural developments. Dissolved gas analyzers will be high demand in Asia Pacific due to growing number of power transformers in the region along with emergence of online DGA analysis. 

Analysts anticipate that Europe and North America will follow the lead in the coming years due to aging power transformers in the region that will require close monitoring. Furthermore, need to ensure right detection of fault gases in new transformers will also augment the demand for DGAs in the region. The rising environmental concerns due to improper power generation has also resulted in adoption of dissolved gas analyzers in various parts of the world. 

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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