Growth for Dissolved Gas Analyzer Market is expected to grow USD 492.9 Billion by 2032
The dissolved gas analyzer market size was valued at USD 384.9 Billion in 2023 and is expected to reach a market size of USD 492.9 Billion by 2032 at a CAGR of 2.8%.
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The dissolved gas analyzers are generally used to detect the presence of gas in oil. Gas detection is critical because it reveals the presence of flaws in the transformer oil. This has prompted sensor makers to develop novel solutions, such as gas sensors that detect gases.