Transformer oil, a type of insulating and cooling oil used in transformers and other electrical equipment, needs to be tested periodically to ensure that it is still fit for purpose. This is because it tends to deteriorate over time. Testing sequences and procedures are defined by various international standards, many of them set by ASTM. Testing consists of measuring breakdown voltage and other physical and chemical properties of samples of the oil, either in a laboratory or using portable test equipment on site
The first kind need to mention is Dielectric Breakdown Voltage, it hold a comparatively larger share in global market, which accounts for about 23.03% in 2019.
The following is Moisture Analysis share 15.83% market share in 2019. Flash Point stay the Third for 15.77% share. The Interfacial Tension take a 14.17% market share. The Interfacial Tension is experiencing the fastest growing in next few years
From the view of region, Europe have a larger market share in 2019 which account for 28.61% and will witness a stable growth in following years. United States hold a market share of 27.15% will still play an important role which cannot be ignored. Any changes from China, which share a 9.59% market share in 2019, might affect the development trend of Transformer Oil Testing. Japan, India, Central & South America and the Rest are also play important role in Global market.
In 2018, the global Transformer Oil Testing market size was 253.6 million US$ and it is expected to reach 374.6 million US$ by the end of 2025, with a CAGR of 5.7% during 2019-2025.
This report focuses on the global Transformer Oil Testing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Transformer Oil Testing development in United States, Europe and China.
The key players covered in this study
SGS
Munich Re
Bureau Veritas
ALS
Veritas Petroleum Services
Intertek
RESA Power
SDMyers
DNV GL
Powerlink
Asiaphil
Trico
Reuter Hanney
GTI
Windemuller
PDC Laboratories
Market segment by Type, the product can be split into
Dissolved Gas Analysis
Moisture Analysis
Dielectric Breakdown Voltage
Flash Point
Interfacial Tension
Others
Market segment by Application, split into
Mineral Oil
Non Mineral Oil
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Transformer Oil Testing status, future forecast, growth opportunity, key market and key players.
To present the Transformer Oil Testing development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Transformer Oil Testing are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Transformer Oil Testing. Industry analysis & Market Report on Transformer Oil Testing is a syndicated market report, published as Global Transformer Oil Testing Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Transformer Oil Testing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.