ABB (Switzerland) and Siemens (Germany) are the Leading Players in the Dehydrating Breather Market
The global dehydrating breather market is projected to reach a market size of USD 501.8 Million by 2023, growing at a CAGR of 4.51% during the forecast period. The market in Asia Pacific is estimated to be the largest for dehydrating breather, followed by the North American market, in 2018. This trend is expected to continue till 2023. The growth of the dehydrating breather market can be attributed to the growing need for the protection of equipment against moisture and increasing investment in transmission & distribution infrastructure.
The dehydrating breather market is dominated by a few major players that have a wide regional presence and are established brand names in the global dehydrating breather market. The leading integrated solution providers in the dehydrating breather market include ABB (Switzerland), Siemens (Germany), Hubbell (US), Maschinenfabrik Reinhausen (Germany), and Des-Case (US).
The major strategies adopted by the players include new product launches, investments & expansions, contracts & agreements, and mergers & acquisitions. New product launches was the most commonly adopted strategy from January 2015 to February 2018. Industry players also adopted mergers & acquisitions, which was the second most widely followed strategy, during the same period. A few key market players have been highlighted in the section below.
ABB is one of the leading players in the power and automation technology sector. The company provides products, services, and systems to various industries such as utilities, infrastructure, and transportation. The company operates in 4 business segments, namely, power grids, electrification products, discrete automation and motion, and process automation. It provides dehydrating breather through its power grid division. It mainly provides dehydrating breather for the transformer, shunt reactor, and tap changers. The power grid segment accounted for 29.1% of the company’s total revenue in 2017. In December 2015, ABB was awarded a contract to install 363 kilovolts (kV) disconnecting circuit breaker (DCB) with fiber optic current sensor (FOCS). Additionally, the company would supply smart medium-voltage switchgear and transformer e-devices, such as innovative self-dehydration breathers, as part of the project.
Siemens is a German conglomerate company that provides products and solutions for various industries such as infrastructure, healthcare, and energy. The company operates through 8 business segments, namely, power and gas, healthineers, energy management, digital factory, mobility, Siemens Gamesa renewable energy, process industries and drives, and building technologies. It provides dehydrating breather through its energy management segment. The company provides SITRAM dry online oil dehydration system that helps to remove moisture from the insulating oil. The company has a presence across the globe and operates through 289 production and manufacturing plants globally.
Related Reports:
Dehydrating Breather Market by Type (Conventional and Self-Dehydrating Breather), Desiccant Volume (<2.0 Kg, 2.0 – 4.0 Kg, and >4.0 Kg), End-User (Utilities, Industrial, Heavy-Duty Vehicles), and Region - Global Forecast to 2023
Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
SEND ME A FREE SAMPLE
