Witnessing Global Dissolved Gas Analyzer Market Expansion and Revolutionary Growth 2032
The market size of dissolved gas analyzers reached USD 384.9 billion in 2023, projected to grow to USD 492.9 billion by 2032 with a compound annual growth rate (CAGR) of 2.8%. These analyzers are primarily utilized for detecting gas presence in oil, crucial for identifying flaws within transformer oil.
Consequently, sensor manufacturers have been spurred to innovate, introducing novel solutions like gas sensors tailored for precise gas detection.