Dissolved Gas Analyzer Market Size, Share & Industry Analysis, By Extraction Type (Vacuum Extraction, Headspace Extraction, Stripper Column Method, Others ), By Power Rating (100 - 500 MVA, 501-800 MVA, 801-1200 MVA), By Type (Smoke Alarms, Early Warning DGA Monitoring, Comprehensive DGA Monitoring, Laboratory Services, Databases Software , Others) And Regional Forecast, 2024-2032

Dissolved gas analyzers are primarily used to identify the presence of gases in power transformers. Dissolved gases are often generated by heavy chemical components and a large number of hydrocarbons during power transformer operations. These gases probably affect the operation of a power transformer. Dissolved gas analyzers help in service or upgrade the power transformers and help in preventing the failure of power transformers. The global dissolved gas analyzers market is rapidly increasing across the globe, owing to the rising demand from the oil & gas sector.

Based on extraction type, the global market is segmented into vacuum extraction, headspace extraction, stripper column method, and others. Among these, the headspace extraction segment accounted for the major share of the market in 2019, owing to its rapid analysis, minimal investment, and sensitivity. Headspace extraction also helps to reduce the risk of operator error from the sample handling as well as increased operational efficiency.

Based on power rating, the market is categorized into, 100 - 500 MVA, 501-800 MVA, and 801-1200 MVA. The 100-500 MVA segment is anticipated to account for a major share of the market, owing to the minimum maintenance & purchase cost. The 501-800 MVA segment is also the key segment of the market, as these devices can combine data from the transformer condition-based monitoring devices and offer legitimate identification of critical transformer fault types.

Based on type, the market is classified into, smoke alarms, early warning DGA monitoring, comprehensive DGA monitoring, laboratory services, databases software, and portable devices. The laboratory services segment accounted for a major share of the market, due to the increasing rising awareness regarding transformer supervising and the elevating need for advanced process analytics.

Increasing investment in power transformers and industrial infrastructures is anticipated to drive the global dissolved gas analyzers market. Dissolved gas analyzers help to extract even small traces of fault gasses in the transformer oil at the initial stages. Several governments across the globe are planning to automate their electricity distribution system. For instance, in 2019, The Myanmar National Electrification Plan announced that it will automate 100% of the electricity distribution system by 2030. A rising number of regulations on reducing carbon footprints and environmental pollution across the globe is expected to drive the dissolved gas analyzer market during the forecast period.

The key restraint of the market is its high cost and limitations in diagnosis techniques to precisely locate the fault. Dissolve gas analyzers have a high cost of ownership, which consists of installation, lifetime service operation, and maintenance.

Key Players Covered:

Some of the major companies in the dissolved gas analyzers market include General Electric, ABB Ltd, LumaSense Technologies Inc., Weidmann, Gatron Gmbh, OELCHECK Gmbh, SD Myers, Inc, Qualitrol Company LLC, EMH Energy-Messtechnik GmbH, and Sieyuan Electric Co.

Regional Analysis:

The global dissolved gas analyzer market is studied across different regions like North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounted for the major share of the market in 2019, owing to the rising adoption of dissolved gas analyzers in the oil & gas sector. Developing economies such as India, Thailand, and Malaysia are rapidly increasing investments in the Electricity distribution infrastructure, which will rise the installation of power transformers. North America & Europe market is also anticipated to rise during the forecast period, owing to the presence of aging power transformers in the region. This aging infrastructure requires safe monitoring and accurate detection of fault gases. Latin America and Middle East & Africa are also expected to expand at a high pace, owing to the rapid expansion of the oil & gas sector across the region.

Segmentation

Key Industry Developments

• In January 2020: Siemens has acquired the acquisition of C&S Electric in India, this acquisition will allow Siemens to meet the growing electrification rate along with government focusing on providing requisite power grid infrastructure which demand for effective transmission and distribution systems, which might support the demand of gas analysers.


• On 12 November 2020, GE has bagged the contract of 54 substations from Kuwait’s Ministry of electricity and water. This contact involves maintenance of substations across various locations which includes asset management of DGA and monitor of health condition of transformers. 

Key Insights

• Regulatory scenario for key countries


• Investment scenario for key countries


• Key mergers and acquisitions


• Key technological advancement


• The detailed product portfolio of major companies


• Value chain analysis to address all major stakeholders in the industry