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Dissolved Gas Analyzer Market Share

Report ID: GMI9800
Published Date: Jun 2024
Report Format: PDF

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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

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Dissolved gas analyzer industry size was USD 406 million in 2023 and will grow at 3% CAGR between 2024 and 2032 due to rising demand for reliable and efficient power transformers, coupled with stringent regulatory standards and the need for early detection of transformer faults.

Dissolved gas analyzer industry size from the chemical segment will witness 4% CAGR through 2032, driven by its critical need for continuous monitoring and maintaining equipment integrity.

North America dissolved gas analyzer market witnessed a significant growth rate of over 3.5% during 2024 to 2032, attributed to region's significant investments in grid modernization and renewable energy projects, advanced power infrastructure and stringent regulatory standards.

Key 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, and Weidmann Electrical Technology AG, among others.