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

Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Industrial-Machinery | Format: Report available in PDF / Excel Format

View Details Buy Now 2890 Download Sample Ask for Discount Request Customization

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

Dissolved Gas Analyzer Market was valued at USD 406 million in 2023 and is set to grow at a CAGR of over 3% between 2024 and 2032. Systems for detecting and analysing gases dissolved in transformer oil are the focus of the dissolved gas analyzer (DGA) industry since these tools are essential for evaluating the state and health of power transformers. Utilities and industrial facilities depend more on DGAs to maintain grid stability, optimize maintenance schedules, and prevent transformer failures because of the aging global power infrastructure.

To get key market trends

  Download Free Sample

Tight safety requirements, the demand for predictive maintenance solutions, and rising awareness of the value of transformer health monitoring are some of the factors propelling the market's expansion. Technological developments in sensors, like gas chromatography and photoacoustic spectroscopy, improve DGA sensitivity and accuracy, which drives market growth. Although obstacles like expensive initial investments and problems with DGA systems' compatibility with current infrastructure could prevent the market from expanding. However, as utilities and other industries place a higher priority on proactive asset management techniques to reduce downtime and increase operational efficiency, the market is predicted to keep expanding.

Dissolved Gas Analyzer Market Report Attributes
Report Attribute Details
Base Year 2023
Dissolved Gas Analyzer Market Size in 2023 USD 406 Million
Forecast Period 2024 - 2032
Forecast Period 2024 - 2032 CAGR 3%
2032 Value Projection USD 535 Million
Historical Data for 2021 – 2023
No. of Pages 210
Tables, Charts & Figures 305
Segments covered Type, extraction type, power rating, end use industry, and region
Growth Drivers
  • Aging power infrastructure
  • Stringent safety regulations
  • Rise in demand for energy
  • Adoption of predictive maintenance
  • Technological advancements
Pitfalls & Challenges
  • High initial investment
  • Interoperability issues

What are the growth opportunities in this market?

 Download Free Sample

The term aging power infrastructure describes how electrical systems such as substations, transmission lines, and transformers gradually deteriorate over time because of repeated use and exposure to the elements. Transformers are essential parts of power distribution networks and are especially prone to aging because of the constant loads and circumstances they operate under. Transformer insulation deteriorates with age, raising the possibility of malfunctions and breakdowns.

The large upfront expenditures involved in the purchase and implementation of dissolved gas analyzer (DGA) systems are referred to as the high initial investment. These charges cover the cost of the DGA equipment itself as well as the price of installation, calibration, training, and infrastructure integration. Additionally, there can be extra expenses for software licenses, maintenance contracts, and continuing support services, depending on the scope of the deployment and the needs of the program.

Dissolved Gas Analyzer Market Trends

The world's reliance on electricity means that keeping power transformers in tip-top shape is crucial. This focus is fueling the demand for devices called dissolved gas analyzers (DGAs). DGAs are like medical tests for transformers, sniffing out tiny amounts of gases that indicate potential problems. As technology improves, DGAs can now detect multiple gases at once, giving a more accurate picture of a transformer's health. Smart technologies like AI and IoT are also making their way into DGAs. These advancements allow for real-time monitoring, so power companies can spot issues before they escalate. Predictive maintenance, where the health of a transformer is predicted based on data, can also reduce costly breakdowns and extend the lifespan of equipment. Governments around the world are also pushing for more reliable and safer transformers. This is creating a need for more advanced DGA systems. The Asia-Pacific region, with its booming industries and growing power grids, is a hotbed for DGA sales. All in all, the market for DGAs is on the rise, driven by technological advancements and the increasing importance of reliable electricity transmission.

Dissolved Gas Analyzer Market Analysis

Learn more about the key segments shaping this market

 Download Free Sample

Based on type, the market is divided into multi gas analyzers, portable analyzers, online analyzers. The multi gas analyzers segment is expected to register a CAGR of over 2% during 2024 to 2032.

  • Multigas analyzers are devices that measure and analyze numerous gases in different surroundings at the same time. These analyzers use sensor technologies to identify and measure the various gases that are present in the air or in a mixture of gases. Gases such as oxygen, carbon dioxide, carbon monoxide, methane, and volatile organic compounds (VOCs) are frequently measured. Because they offer important information about air quality, combustion efficiency, and possible risks, multigas analyzers are indispensable instruments for environmental monitoring, industrial safety, and process control applications.
  • They are essential for guaranteeing workplace safety, adhering to regulations, and streamlining industrial operations because of their accuracy and versatility

Learn more about the key segments shaping this market

 Download Free Sample

Based on end use industry, the market is divided into chemical, energy & power, mining, oil & gas, pulp & paper, others. The chemical segment dominated the dissolved gas analyzer market with a CAGR over 4% up to 2032.

  • The chemical segment of the dissolved gas analyzer (DGA) market deals with instruments and systems that are employed to examine gases that have dissolved in transformer oil. These analyzers use a variety of chemical techniques and sensor technologies to identify and measure gases that are symptomatic of transformer degradation and defects, such as hydrogen, methane, ethylene, and acetylene. Chemical DGA systems monitor the concentration of these gases, which offers vital information about the state of power transformers. This information enables preventative maintenance and reduces the possibility of catastrophic failures.
     
  • The accuracy, sensitivity, and dependability of DGA systems are continually being improved by developments in chemical analysis methods and sensor technologies, which is propelling their use in utility and industrial applications across the globe.

Looking for region specific data?

 Download Free Sample

North America dissolved gas analyzer market witnessed growth rate of over 3.5% during 2024 to 2032, fuelled by strict safety laws, aging electrical infrastructure, and an increasing focus on grid dependability. Strong demand for DGA systems is created by the region's vast network of industrial facilities and electrical utilities as well as a high level of technological innovation. In addition, the utility industry in the region is increasingly implementing predictive maintenance plans, which increases the demand for sophisticated monitoring tools like DGAs to evaluate transformer health and avert expensive downtime.

The developed industrial landscape and significant R&D spending in North America support the ongoing advancement of DGA technology and propel market expansion. However, constraints including the substantial upfront costs associated with DGA systems and incompatibilities with current infrastructure could impede the entry of new competitors into the market, especially for industrial and smaller utilities. Nevertheless, due to its emphasis on grid modernization and reliability improvement, North America continues to be a crucial location for the growth of the DGA market.

The US dissolved gas analyzer market is driven by the need for reliable transformer monitoring in its extensive power grid. Advanced infrastructure, significant investments in smart grid technologies, and a focus on maintaining power reliability and safety contribute to the market's growth.

Japan Japan's dedication to cutting-edge manufacturing and tech advancements has fueled the country's development in digital grid analysis (DGA). They're putting money into smart power grids and renewable energy sources. And with a keen eye on keeping their energy infrastructure strong, the demand for DGA analyzers has skyrocketed. These tools help keep transformers in tip-top shape and make sure everything's running smoothly. South Korea South Korea's rapid industrial growth and unwavering power generation industry have made it a hotspot for DGA analyzers. The government's push to upgrade electrical systems and invest in smart grids and renewables has made DGA analyzers essential for ensuring energy security and keeping transformers humming along reliably.

Dissolved Gas Analyzer Market Share

ABB Ltd. and Siemens AG holds a significant share of over 19% in the dissolved gas analyzer industry. ABB Ltd. offers DGA products that are essential for transformer diagnostics and monitoring, assisting utilities and commercial clients in guaranteeing the dependability and durability of their power transformers. Because of its dedication to quality and innovation, ABB is recognized as a leading supplier of DGA systems, helping clients all over the world benefit from higher power system performance and lower maintenance costs.

Siemens AG is a prominent player in the dissolved gas analyzer (DGA) market, offering advanced solutions for the monitoring and maintenance of power transformers. Siemens' DGA solutions are renowned for their accuracy, dependability, and state of the art technology, which enables early fault identification and real-time diagnostics. These features aid businesses and utilities in extending the longevity, dependability, and efficiency of their electrical assets.

Dissolved Gas Analyzer Market Companies

Major players operating in the dissolved gas analyzer industry are

  • ABB Ltd.
  • Doble Engineering Company
  • General Electric (GE) Grid Solutions
  • LumaSense Technologies, Inc. (now part of Advanced Energy)
  • Qualitrol Company LLC
  • Siemens AG
  • Weidmann Electrical Technology AG

Dissolved Gas Analyzer Industry News

  • In January 2024, Siemens unveiled the Sitrax DGA, their newest dissolved gas analyzer, which offers improved multi-gas detection capabilities and real-time monitoring with Internet of Things connection. With the help of this technology, utilities will have a strong tool for guaranteeing power dependability and cutting maintenance costs by improving transformer health diagnostics and predictive maintenance.
  • In March 2024, ABB declared the launch of the GasSense 3000, a new portable dissolved gas analyzer. This little device, intended for field engineers, analyzes transformer oil quickly and precisely, allowing for on-site diagnostics and reducing downtime. The GasSense 3000 improves operational efficiency in power maintenance by supporting multiple gas detection and having an intuitive user interface for speedy data interpretation.

  • This dissolved gas analyzer market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) from 2021 to 2032, for the following segments

    Click here to Buy Section of this Report

Market, By Type

  • Multi gas analyzers
  • Portable analyzers
  • Online analyzers

Market, By Extraction Type

  • Vacuum extraction
  • Headspace extraction
  • Stripper column method
  • Others

Market, By Power Rating

  • 100 - 500 MVA
  • 501 - 800 MVA
  • 801 - 1200 MVA

Market, By End use industry

  • Chemical
  • Energy & power
  • Mining
  • Oil & gas
  • Pulp & paper
  • Others

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA

 

Related Reports

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

List Tables Figures

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

FAQ'S

For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:

sales@marketinsightsresearch.com

Within 24 to 48 hrs.

You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email

You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.

Discounts are available.

Hard Copy

Email