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Published: Aug, 2016 | Pages:
92 | Publisher: Grand View Research
Industry: Electronics | Report Format: Electronic (PDF)
The global dissolved gas analyzer market is estimated to reach a valuation of USD 1.11 billion by 2024 according to a new study by Grand View Research, Inc. The augmented demand to monitor the transformer health in order to increase operational efficiency is expected to significantly fuel the adoption of the product over the forecast period. Dissolved gas analyzers are primarily utilized to identify faults in the power transformers positioned at an early stage. This enables energy companies (utilities) to establish maintenance programs meant for repairing, avoiding faults, and extending the durability of power transformers. The growing awareness pertaining to the fault probability of high-voltage transformers, paired with the high cost of replacing depreciating transformers, has significantly escalated the product demand. Stringent safety and efficiency regulations imposed by the government of developed countries, such as the U.S., has instigated power transformer users to adopt dissolved gas analyzers. Additionally, the rising adoption of online Dissolved Gas Analysis (DGA), owing to benefits including the remote and continuous monitoring of transformer health, is expected to catapult the market growth over the forecast period. The Digital Gas Analyzer (DGA) market is characterized by several technological trends. The surging demand for safe power transformers impels industrialists to innovate and find better technological solutions to fulfill the unmet needs of customers. For instance, in February 2013, Qualitrol introduced the new QNet4100 intelligent system for the alarm management and discrete event monitoring. With the widespread adoption of Industrial Internet of Thing (IIoT), a high level of automation may be witnessed in the entire fault detection process in the energy sector. Furthermore, the snowballing deployment of smart grid in the U.S., UK, Germany, China, and India would drive the adoption of gas analyzers to detect fault over the forecast period. Further key findings from the study suggest: On the basis of extraction type, the headspace extraction segment is anticipated to witness a robust growth at a far exceeding 14% over the forecast period. This can be attributed to the low risk of operator error from excessive handling of the sample during injection and preparation. In addition to this, the advantage of automating the process associated with this technique is also one of the key factors for the growth in the revenue of this particular segment. Vacuum extraction accounted for the majority market share in 2015 owing to the early development of this extraction technique The power rating segment comprises 100-500 MVA, 501-800 MVA, and 801-1200 MVA DGA devices. The 100-500 MVA power rating gas analyzers segment accounted for more than 60% of the overall revenue share in 2015 and is estimated to grow at a CAGR of more than 12% over the forecast period. The low price and low maintenance costs associated with these devices are one of the primary factors for the adoption of dissolved gas analyzers with these ratings On the basis of analysis type, the laboratory services segment accounted for over 35% of the overall revenue share in 2015. This is primarily attributed to the snowballing R&D investments for developing innovative and efficient methods for aging diagnostics. Furthermore, the growing emphasis by utilities on avoiding failures and lowering the maintenance cost is expected to drive the comprehensive DGA monitoring segment growth over the coming years The Asia-Pacific dissolved gas analyzers market is estimated to grow at a CAGR of more than 13% over the next eight years; this is due to the increased government spending in the industrial infrastructure projects as well as power transformers in order to expand the power capacity to meet the electricity shortage particularly across the emerging economies including India, China, and Indonesia. North America is expected to grow at a moderate pace mainly due to the escalating need to detect faults among the newly installed transformers paired with the growing demand for increasing the lifespan of the old transformers Notable players in the industry include ABB Ltd., Doble Engineering, General Electric, LumaSense Technologies, Morgan Schaffer Inc., Siemens, and Weidmann. The industry is technology driven and continuously evolving. Prominent industry players invest heavily in R&D activities for new product development and product enhancement in order to gaina competitive advantage.
Table of Contents
Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumption 1.3. List of Data Sources Chapter 2. Executive Summary Chapter 3. Market Snapshot 3.1. Dissolved Gas Analyzer - Market snapshot & key buying criteria, 2013 - 2024 Chapter 4. Dissolved Gas AnalyzerIndustry Outlook 4.1. Market segmentation 4.2. Dissolved gas analyzer - Market size and growth prospects 4.3. Dissolved gas analyzer value chain analysis 4.4. Market dynamics 4.4.1. Market driver analysis 4.4.1.1. Growing awareness pertaining to the fault probability of high voltage transformers 4.4.1.2. Increasing adoption of online DGA 4.4.1.3. Stringent government regulations for safety of power transformers 4.4.2. Market restraint analysis 4.4.2.1. High ownership and operational cost of DGA devices 4.5. Dissolved gas analyzer - Porter's five forces analysis 4.6. Penetration & growth prospects mapping 4.7. Dissolved gas analyzer market PESTEL analysis, 2015 Chapter 5. Dissolved Gas Analyzer Extraction Type Outlook 5.1. Dissolved gas analyzer market share by extraction type, 2015 & 2024 5.2. Vacuum Extraction or Rack Method 5.2.1. Global market estimates and forecasts, 2013 - 2024 5.3. Headspace Extraction 5.3.1. Global market estimates and forecasts, 2013 - 2024 5.4. Stripper Column Method 5.4.1. Global market estimates and forecasts, 2013 - 2024 5.5. Others 5.5.1. Global market estimates and forecasts, 2013 - 2024 Chapter 6. Dissolved Gas Analyzer Power Rating Outlook 6.1. Dissolved gas analyzer market share by power rating, 2015 & 2024 6.2. 100 - 500 MVA 6.2.1. Global market estimates and forecasts, 2013 - 2024 6.3. 501-800 MVA 6.3.1. Global market estimates and forecasts, 2013 - 2024 6.4. 801-1200 MVA 6.4.1. Global market estimates and forecasts, 2013 - 2024 Chapter 7. Dissolved Gas Analyzer Analysis Type Outlook 7.1. Dissolved gas analyzer market share by analysis type, 2015 & 2024 7.2. Smoke Alarms 7.2.1. Global market estimates and forecasts, 2013 - 2024 7.3. Early Warning DGA Monitoring 7.3.1. Global market estimates and forecasts, 2013 - 2024 7.4. Comprehensive DGA Monitoring 7.4.1. Global market estimates and forecasts, 2013 - 2024 7.5. Laboratory Services 7.5.1. Global market estimates and forecasts, 2013 - 2024 7.6. Database Software 7.6.1. Global market estimates and forecasts, 2013 - 2024 7.7. Portable DGA Devices 7.7.1. Global market estimates and forecasts, 2013 - 2024 Chapter 8. Dissolved Gas Analyzer Regional Outlook 8.1. Dissolved gas analyzer market share by region, 2015& 2024 8.2. North America 8.2.1. Dissolved gas analyzer market by extraction type, 2013 - 2024 8.2.2. Dissolved gas analyzer market by power rating, 2013 - 2024 8.2.3. Dissolved gas analyzer market by analysis type, 2013 - 2024 8.2.4. Dissolved gas analyzer market by country, 2013 - 2024 8.3. Europe 8.3.1. Dissolved gas analyzer market by extraction type, 2013 - 2024 8.3.2. Dissolved gas analyzer market by power rating, 2013 - 2024 8.3.3. Dissolved gas analyzer market by analysis type, 2013 - 2024 8.3.4. Dissolved gas analyzer market by country, 2013 - 2024 8.4. Asia Pacific 8.4.1. Dissolved gas analyzer market by extraction type, 2013 - 2024 8.4.2. Dissolved gas analyzer market by power rating, 2013 - 2024 8.4.3. Dissolved gas analyzer market by analysis type, 2013 - 2024 8.4.4. Dissolved gas analyzer market by country, 2013 - 2024 8.5. Latin America 8.5.1. Dissolved gas analyzer market by extraction type, 2013 - 2024 8.5.2. Dissolved gas analyzer market by power rating, 2013 - 2024 8.5.3. Dissolved gas analyzer market by analysis type, 2013 - 2024 8.5.4. Dissolved gas analyzer market by country, 2013 - 2024 8.6. Middle East and Africa 8.6.1. Dissolved gas analyzer market by extraction type, 2013 - 2024 8.6.2. Dissolved gas analyzer market by power rating, 2013 - 2024 8.6.3. Dissolved gas analyzer market by analysis type, 2013 - 2024 8.6.4. Dissolved gas analyzer market by country, 2013 - 2024 Chapter 9. Competitive Landscape 9.1. ABB Ltd. 9.1.1. Revenue Analysis 9.1.2. Technology Bench marking 9.1.3. Strategic Development 9.2. Doble Engineering 9.2.1. Revenue Analysis 9.2.2. Technology Bench marking 9.2.3. Strategic Development 9.3. Gatron GmbH 9.3.1. Revenue Analysis 9.3.2. Technology Bench marking 9.3.3. Strategic Development 9.4. General Electric 9.4.1. Revenue Analysis 9.4.2. Technology Bench marking 9.4.3. Strategic Development 9.5. LumaSense Technologies 9.5.1. Revenue Analysis 9.5.2. Technology Bench marking 9.5.3. Strategic Development 9.6. Morgan Schaffer Inc. 9.6.1. Revenue Analysis 9.6.2. Technology Bench marking 9.6.3. Strategic Development 9.7. Qualitrol 9.7.1. Revenue Analysis 9.7.2. Technology Bench marking 9.7.3. Strategic Development 9.8. Siemens 9.8.1. Revenue Analysis 9.8.2. Technology Bench marking 9.8.3. Strategic Development 9.9. SD Myers 9.9.1. Revenue Analysis 9.9.2. Technology Bench marking 9.9.3. Strategic Development 9.10. Vaisala 9.10.1. Revenue Analysis 9.10.2. Technology Bench marking 9.10.3. Strategic Development 9.11. Weidmann 9.11.1. Revenue Analysis 9.11.2. Technology Bench marking 9.11.3. Strategic Development
List of Tables
TABLE 1 Global dissolved gas analyzer market, 2013 - 2024 (USD Million) TABLE 2 Global market estimates and forecasts by region, 2013 - 2024 (USD Million) TABLE 3 Global market estimates and forecasts by extraction type, 2013 - 2024 (USD Million) TABLE 4 Global market estimates and forecasts by power rating type, 2014 - 2024 (USD Billion) TABLE 5 Global market estimates and forecasts by analysis type, 2013 - 2024 (USD Million) TABLE 6 Global dissolved gas analyzer vacuum extraction or rack method demand, 2013 - 2024 (USD Million) TABLE 7 Global dissolved gas analyzer vacuum extraction or rack method demand by region, 2013 - 2024 (USD Million) TABLE 8 Global dissolved gas analyzer headspace extraction demand, 2013 - 2024 (USD Million) TABLE 9 Global dissolved gas analyzer headspace extraction demand by region, 2013 - 2024 (USD Million) TABLE 10 Global dissolved gas analyzer stripper column method demand, 2013 - 2024 (USD Million) TABLE 11 Global dissolved gas analyzer stripper column method demand by region, 2013 - 2024 (USD Million) TABLE 12 Global dissolved gas analyzer other methods demand, 2013 - 2024 (USD Million) TABLE 13 Global dissolved gas other methods demand by region, 2013 - 2024 (USD Million) TABLE 14 Global demand for 100 - 500 MVA power rating of dissolved gas analyzer, 2013 - 2024 (USD Million) TABLE 15 Global demand for 100 - 500 MVA power rating of dissolved gas analyzer by region, 2013 - 2024 (USD Million) TABLE 16 Global demand for 501 - 800 MVA power rating of dissolved gas analyzer, 2013 - 2024 (USD Million) TABLE 17 Global demand for 501 - 800 MVA power rating of dissolved gas analyzer by region, 2013 - 2024 (USD Million) TABLE 18 Global demand for 801 - 1200 MVA power rating of dissolved gas analyzer, 2013 - 2024 (USD Million) TABLE 19 Global demand for 801 - 1200 MVA power rating of dissolved gas analyzer by region, 2013 - 2024 (USD Million) TABLE 20 Global demand for dissolved gas analyzer smoke alarm analysis, 2013 - 2024 (USD Million) TABLE 21 Global demand for dissolved gas analyzer smoke alarms analysis by region, 2013 - 2024 (USD Million) TABLE 22 Global demand for dissolved gas analyzer early warning DGA monitoring, 2013 - 2024 (USD Million) TABLE 23 Global demand for dissolved gas analyzer early warning DGA monitoring by region, 2013 - 2024 (USD Million) TABLE 24 Global demand for dissolved gas analyzer comprehensive DGA monitoring, 2013 - 2024 (USD Million) TABLE 25 Global demand for dissolved gas analyzercomprehensive DGA Monitoring by region, 2013 - 2024 (USD Million) TABLE 26 Global demand for dissolved gas analyzer laboratory services, 2013 - 2024 (USD Million) TABLE 27 Global demand for dissolved gas analyzer laboratory services by region, 2013 - 2024 (USD Million) TABLE 28 Global demand for dissolved gas analyzer database software, 2013 - 2024 (USD Million) TABLE 29 Global demand for dissolved gas analyzer database software by region, 2013 - 2024 (USD Million) TABLE 30 Global demand for dissolved gas analyzer portable DGA devices, 2013 - 2024 (USD Million) TABLE 31 Global demand for dissolved gas analyzer portable DGA devices by region, 2013 - 2024 (USD Million) TABLE 32 North America market by extraction type, 2013 - 2024 (USD Million) TABLE 33 North America market by power rating, 2013 - 2024 (USD Million) TABLE 34 North America market by analysis type, 2013 - 2024 (USD Million) TABLE 35 North America market by country, 2013 - 2024 (USD Million) TABLE 36 Europe market by extraction type, 2013 - 2024 (USD Million) TABLE 37 Europe market by power rating, 2013 - 2024 (USD Million) TABLE 38 Europe market by analysis type, 2013 - 2024 (USD Million) TABLE 39 Europe market by country, 2013 - 2024 (USD Million) TABLE 40 Asia Pacific market by extraction type, 2013 - 2024 (USD Million) TABLE 41 Asia Pacific market by power rating, 2013 - 2024 (USD Million) TABLE 42 Asia Pacific market by analysis type, 2013 - 2024 (USD Million) TABLE 43 Asia Pacific market by country, 2013 - 2024 (USD Million) TABLE 44 Latin America market by extraction type, 2013 - 2024 (USD Million) TABLE 45 Latin America market by power rating, 2013 - 2024 (USD Million) TABLE 46 Latin America market by analysis type, 2013 - 2024 (USD Million) TABLE 47 Latin America market by country, 2013 - 2024 (USD Million) TABLE 48 Middle East & Africa market by extraction type, 2013 - 2024 (USD Million) TABLE 49 Middle East & Africa market by power rating, 2013 - 2024 (USD Million) TABLE 50 Middle East & Africa market by analysis type, 2013 - 2024 (USD Million)
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