Global Dissolved Gas Analyzer (DGA) Market Projected to Reach 430 Mn US$ by 2025
The global Dissolved Gas Analyzer market is valued at 310 million US$ in 2018 is expected to reach 430 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2019-2025.
Los Angeles, CA -- (SBWire) -- 02/23/2019 --In industries, dissolved gases are often generated by equipments majorly in energy and oil and gas industries. These gases consist of complex chemical components and huge amount of hydrocarbons and are generally generated during power transformer operations. These gases get dissolved in oils used in transformers and dissolved gas analyzer identifies the level of gas generated by these equipments. Analysis of these dissolved gases in oils assist in diagnosing the presence of gases, thereby identifying and monitoring critical transformers, the probability and nature of faults in power transformers. The information about identity of these gases generated by a unit helps in preventive maintenance program.
Factors such as increased investment in power transformers and industrial infrastructure, several regulations regarding to the environment and power industry, which are being enacted by different government agencies of different countries, growing awareness regarding the fault probability of high voltage transformers and the high cost of replacing depreciating transformer are driving the growth of dissolved gas analyzers market. The rise in adoption of online DGA (dissolved gas analysis) is another significant factor which driving the growth of dissolved gas analyzer market.
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The global Dissolved Gas Analyzer market is valued at 310 million US$ in 2018 is expected to reach 430 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2019-2025.
This report focuses on Dissolved Gas Analyzer volume and value at global level, regional level and company level. From a global perspective, this report represents overall Dissolved Gas Analyzer market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
General Electric
ABB
Qualitrol
Morgan Schaffer
Sieyuan Electric
LumaSense Technologies
Weidmann Electrical Technology
EMH Energy-Messtechnik
Gatron
SDMyers
Drallim
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Multi Gas Analyzers
Single Gas Analyzers
Segment by Application
Power Transformer
Distributor Transformer
Others
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