The main causes of the development are the high expense of replacing depreciating transformers and the increased awareness of the likelihood of problems in high-voltage transformers. Employing DGA enables businesses to quickly identify faults in installed power transformers. Early diagnosis gives businesses the ability to plan maintenance programs to fix and prevent issues and increase the longevity of power transformers.
Data Bridge Market Research analyses that Global Dissolved Gas Analyzer Market will grow at a CAGR of 7.3% during the forecast period of 2023 to 2030.
“Online DGA adoption is bolstering the market growth”
One of the major drivers of industry expansion is the online DGA's exploding adoption. One of the main reasons to initially assess the health of transformers is the heavy load placed on ageing transformers in the current situation. The market is anticipated to rise in the upcoming years due to additional reasons like heightened service reliability standards and postponed capital investments in novel equipment to investigate the use of cutting-edge transformer condition evaluation and management solutions.
What restraints the growth of the Global Dissolved Gas Analyzer Market?
“Disruption in supply-chain industry restrains the market growth"
One of the major worldwide concerns influencing supply chains in specialized industries is the fight for semiconductors, which is notably disputed by Information and Communications Technology (ICT). The primary reason of the dispute was the COVID-19 pandemic, which halted auto production while soaring global use of domestic electronics. The problem's origin, nevertheless, existed before the global lockdown.
Segmentation: Global Dissolved Gas Analyzer Market
The global dissolved gas analyzer market is segmented on the basis of by type, gas type, technology, product type, extraction type, and power rating.
- On the basis of type, global 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, global dissolved gas analyzer market is segmented into single gas, multi-gas.
- On the basis of technology, the global dissolved gas analyzer market is segmented into gas chromatography, photo acoustic spectroscopy, others.
- On the basis of product type, global dissolved gas analyzer market is segmented into online, portable, laboratory use.
- On the basis of extraction type, the global dissolved gas analyzer market is segmented into vacuum extraction or rack method, headspace extraction, stripper column method.
- On the basis of power rating, the global dissolved gas analyzer market is segmented into 100 - 500 MVA, 501-800 MVA, 801-1200 MVA.
Regional Insights: Asia-Pacific dominates the global dissolved gas analyzer market
Given its market, Asia-Pacific dominates in the region. This can be attributed to the increased use of dissolved gas analyzers in major power transformer bases in the area, together with the rising acceptance of online DGA analysis.
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.
To know more about the study, visit, https://www.databridgemarketresearch.com/reports/global-dissolved-gas-analyzer-market
The Prominent Key Players Operating in the Global Dissolved Gas Analyzer Market Include:
- Doble Engineering Company. (U.S.)
- Gatron GmbH (Germany)
- General Electric (U.S.)
- LumaSense Technologies Inc. (U.S.)
- Morgan Schaffer (Canada)
- Qualitrol Company LLC (Canada)
- Siemens (Germany)
- MM Tech. (Croatia)
- Advanced Energy Industries, Inc. (U.S.)
- SDMyers (U.S.)
- Vaisala (Finland)
- Weidmann Electrical Technology AG (Switzerland)
- Camlin Ltd (India)
- Hitachi Energy Ltd. (Switzerland)
- SRI Instruments (U.S.)
- HV Hipot Electric (China)
- MTE Meter Test Equipment AG (Switzerland)
- Yokogawa Electric Corporation (Japan)
- Sieyuan Electric Co., Ltd. (China)
- Thermo Fisher Scientific Inc. (U.S.)
- Drallim Industries Limited (U.K.)
- Agilent Technologies Inc. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global dissolved gas analyzer market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Dissolved Gas Analyzer Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, global vs regional and vendor share analysis. Please request analyst call in case of further inquiry.
