With the emergence and long-term Impact of COVID-19, the Global Dehydrating Breather Market is to reach USD XX Billion by 2030
Bizwit Research & Consulting LLP’s Recent Analysis on Global Dehydrating Breather Market is poised to raise up to USD XX Billion by 2030. A dehydrating breather, also known as a silica gel breather or a moisture absorber, is a device used in electrical power transformers to maintain the integrity of the insulating oil by preventing the entry of moisture and other contaminants. A dehydrating breather is installed on the transformer’s conservator tank, which is connected to the main transformer tank. The breather contains a desiccant material, such as silica gel, which absorbs moisture from the air. The key factors driving the market growth are rising investments in transmission infrastructure, growing demand for transformers, and growing requirement for protection of equipment that is anticipated to create a lucrative demand for the market during the forecast period 2023-2030. Moreover, the rising investments in transmission infrastructure play a significant role in supporting the growth of the dehydrating breather market. Dehydrating breathers are devices used in electrical transformers to remove moisture and impurities from the air inside the transformer, thus maintaining its dielectric strength and extending its lifespan. Thus, the rising investment in transmission infrastructure is anticipated to support market growth. For instance, in Nov. 2022, The Indian government announced that it would spend 2.8 trillion ($34.2 billion) by 2030 to build an interstate transmission system (ISTS) to transport renewable energy. Up till 2026–2027, an amount of INR 1.4 trillion has already been allocated. There is additional work to be done after that. Additionally, cohesive government initiative for efficient and power-saving systems is anticipated to create a lucrative opportunity for the market during the forecast period. However, the availability of substitutes for dehydrating breathers and higher maintenance costs stifles market growth throughout the forecast period of 2023-2030.
Geographically, the global Dehydrating Breather Market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). Asia Pacific dominated the market in 2022 owing to the presence of a large number of the manufacturing sector in this region followed by growing infrastructure development, rising investments in the power transmission sector, and upgrades in existing distribution infrastructure to meet demand for electricity. North America is expected to grow significantly during the forecast period, owing to factors such as growing investments in renewable power-based grid integration. Also, increase in demand for electricity without any breakdown or failure is anticipated to propel the demand for dehydrating breather in this region.
The global Dehydrating Breather Market is highly competitive owing to the presence of several key manufacturers such as Des-Case, Siemens, Maschinenfabrik Reinhausen, Hubbell, Qualitrol Corporation, BTRAC Ltd, ABB, and others.
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Global Dehydrating Breather Market Size study & Forecast, by Type (Conventional Breather, Self-Dehydrating Breather) by Desiccant Volume (4.0 kg), by Industry Vertical (Utilities, Industrial, Heavy-Duty Vehicle, Others) and Regional Analysis, 2023-2030
Key findings of the study suggest:
- Global Dehydrating Breather Market is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030.
- In the industry vertical segment, utilities emerged as the leading market segment in 2022.
- Asia Pacific is anticipated to drive regional growth owing to rising investments in the power transmission sector and cohesive government initiatives for efficient and power-saving systems.
- North America is expected to grow at a high CAGR followed by Asia Pacific during 2023-2030.
Bizwit Research & Consulting has considered the following segments for the study:
- Conventional Breather
- Self-Dehydrating Breather
By Desiccant Volume:
- 4.0 kg
By Industry Vertical:
- Heavy-Duty Vehicle
- North America
- Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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