Dissolved Gas Analyzer Market

Dissolved Gas Analyzer Market
REPORT DESCRIPTION
Dissolved Gas Analyzer Market - Global Industry Analysis Size Share Growth
Trends and Forecast 2014 – 2020
According to a new market report published by Transparency Market Research Dissolved Gas Analyzer
Market - Global Industry Analysis Size Share Growth Trends and Forecast 2014 - 2020, the global Dissolved
Gas Analyzer market was valued at USD 277.0 million in 2013 and is expected to reach USD 538.3 million
by 2020, growing at a CAGR of 11.7% from 2014 to 2020.
Dissolved gas analyzers are used to identify levels of dissolved gases being generated in various units of
oil-filled electrical equipment and power transformers. Mineral oil being used in power transformers
composes of significant amounts of hydrocarbons and complex chemical components. The gases
generated during power transformer operation are dissolved in the mineral oils being used in power
transformers. Dissolved gas analysis used to diagnose these gases can reveal the nature and probability of
faults in power transformers. The demand for dissolved gas analysis as part of the power transformer
monitoring process has been triggered by multiple factors such as rising awareness towards fault
probability of high voltage transformers and increasing cost replacing aging transformers. By using
dissolved gas analyzers, companies can detect fault levels in power transformers in early stage. Based on
early detection of “fault gases” in power transformers, utilities can deploy a maintenance program to
prevent faults and extend the life cycle of power transformers.
Browse the full Dissolved Gas Analyzer Market report at
http://www.transparencymarketresearch.com/dissolved-gas-analyzer-market.html
The increase in safety and efficiency regulations for power transformers adopted by governments across
the globe is expected to drive the growth of dissolved gas analyzer market. In emerging countries such as
China, India and Indonesia among others, governments are investing huge amounts in industrial
infrastructure projects and extending power capacity of power transformers to meet the electricity
shortage. In order to ensure safety and early detection of faults of high voltage transformers, demand for
dissolved gas analyzers is expected to rise in emerging countries during the forecast period from 2014 to
2020. In addition, increasing demand for online power transformer monitoring is estimated to drive the
growth of dissolved gas analyzer market during the forecast period.
The global dissolved gas analyzer market, by analysis type, can be segmented into six segments namely
early warning dissolved gas analysis (DGA) monitoring, smoke alarms, comprehensive DGA monitoring,
database software, laboratory services and portable DGA devices. As of 2013, the laboratory services
segment was the largest contributor in global dissolved gas analyzer market, accounting for a market
share of 39.2%. Demand for laboratory services is triggered by increasing application of process analytics
to monitor complex and multiple gas formation in high voltage power transformers. Furthermore,
companies outsource the laboratory services to dissolved gas analyzer vendors to reduce overall cost of
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