Published on : Nov 14, 2019
Albany, New York, November 14, 2019: Dissolved gas analyzers are used to monitor and detect faults in transformer’s main tank and in equipment used in oil fields. Mineral oil of power transformer decompose into several components including Hydrogen, Carbon Monoxide, Acetylene, Ethylene and Methane, under electrical and thermal stress. Transformer faults are presumed to generate these gases.
Two major factors associated with transformers that include cost-effective test methods and increasing in number of aging transformers are propelling global dissolved gas analyzer market growth. Tracking transformer safety demand has increased on the pretext of enhancing operational efficiency fuels global dissolved gas analyzer market progress. Technological advancements and growing installation of power transformer positively influence global market and compel manufacturers to develop innovative and futuristic solutions. Demand of dissolved gas analyzer is expected to increase in coming years owing to growing focus of end-use industries towards enhancing performance of equipment and decreasing the associated risks.
Safe monitoring requirement fuels market
Global dissolved gas analyzer market is anticipated to expand at ?4% CAGR for the forecast period 2019-2027. An intelligence report titled, “Dissolved Gas Analyzer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository
Asia pacific dominates global dissolved gas analyzer market as Manufacturers in the region are making huge investments towards R&D. Technological advancements have led the developing nations in the region towards a greater adoption of dissolved gas analyzers to expand their infrastructure. Requirement of safe monitoring of aging transformers in North America makes it a significant region in global dissolved gas analyzer market. Other prominent regions in global market include South America., Middle East and Africa.
Major players profiled in global dissolved gas analyzer market include Lumasense Technologies Inc., Morgan Schaffer Corporation, Doble Engineering, OELCHECK Gmbh, Qualitrol Company LLC, Sieyuan Electric Co., Weidmann, ABB Ltd. and SD Myers.
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Global dissolved gas analyzer market: Research Methodology
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