Dissolved Gas Analysis Equipment Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 9.2% from 2026 to 2033, reaching USD 2.5 Billion by 2033.
In 2022, the global Dissolved Gas Analysis (DGA) equipment market was valued at approximately USD 382.29 million, with projections indicating growth to USD 391.5 million in 2023. The market is anticipated to expand at a compound annual growth rate (CAGR) of 1.8% from 2023 to 2030, reaching an estimated USD 444.9 million by 2030. The 100 500 MVA power rating segment dominated in 2022, capturing 65.1% of the market share, reflecting the widespread use of medium capacity transformers in utilities and heavy industries. The 801 1200 MVA segment is expected to grow at the fastest CAGR of 2.7% during the forecast period, driven by the expansion of high capacity power plants and data centers. Regionally, Asia Pacific led the market with a 33.2% share in 2022, attributed to increased adoption of online DGA analysis and substantial investments in power transformer infrastructure in countries like China, India, and Indonesia. Latin America is projected to experience a significant CAGR of 2.1%, fueled by technological advancements and the growing need for reliable power distribution. North America is also poised for considerable growth, driven by the necessity to monitor newly installed transformers and extend the lifespan of aging ones.
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GE
ABB
Qualitrol
Morgan Schaffer
Sieyuan Electric
Advanced Energy Company
Wicor Holding
EMH Energie-Messtechnik
Gatron
SDMyers
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Dissolved Gas Analysis Equipment Market
Dissolved Gas Analyzers
Extraction Systems
Calibration Systems
Sampling Systems
Data Management Software
Transformer Monitoring
Utility Companies
Industrial Applications
Research and Development
Maintenance and Diagnostics
Power Generation
Oil & Gas
Chemical Manufacturing
Transportation
Water Treatment
Gas Chromatography
Infrared Spectroscopy
Electrical Conductivity
Optical Sensors
Solid-State Sensors
Online Monitoring
Offline Monitoring
Continuous Monitoring
Batch Monitoring
Automated Systems
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Dissolved Gas Analysis Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Dissolved Gas Analysis Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Dissolved Gas Analysis Equipment Market, By Type
6. Global Dissolved Gas Analysis Equipment Market, By Application
7. Global Dissolved Gas Analysis Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Dissolved Gas Analysis Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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