Press release
Dissolved Gas Analyzer Market Set to Witness an Uptick during -2017 - 2025
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.
Dissolved gas analyzers simplify decision-making about when to service, upgrade, or refurbish the power transformers in industries and helps in preventing the failure expensive power transformers.
Dissolved Gas Analyzer Market: Drivers and Restraints
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.
However, limitations in diagnosis techniques to precisely locate the fault is a factor restraining the growth of dissolved gas analyzer market.
Dissolved Gas Analyzer Market: Regional Overview
Asia Pacific region is the largest market for dissolved gas analyzer due to large power transformer based and adoption of online DGA analysis. North America is the second largest market due to demand for increasing lifespan of aging power transformers followed by Europe region due to rising environmental concerns about power generation. Dissolved gas analyzer market in Latin America and Middle East region is also growing at a significant pace due to growing awareness in industries.
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Key Players
General Electric, Morgan Schaffer Corporation, ABB Ltd, LumaSense Technologies Inc., Weidmann, Doble Engineering, Gatron Gmbh, OELCHECK Gmbh, SD Myers, Inc, Qualitrol Company LLC, EMH Energy-Messtechnik GmbH, and Sieyuan Electric Co. are some of the key players in moisture analyzer market.
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