Oscilloscope Market: By Component (Device & Probe and Software), By Device Type (Digital Oscilloscope, PC Based and Analog Oscilloscope), By Probe Type (Passive Oscilloscope Probe, Active Oscilloscope Probe and Current Probes)
Posted February 2,2020 in Science and Technology.
The global oscilloscope market is predicted to touch USD 2 billion at an 8.12% CAGR over the forecast period (2018-2023), reveals the latest Market Research Future (MRFR) report. An oscilloscope simply put, is an equipment used for measuring electronic signals. There are various types of oscilloscopes, namely analog and digital, and their variations include mixed-signal oscilloscopes, computer-based oscilloscopes, handheld oscilloscopes, and analog sampling oscilloscopes.
Oscilloscopes available today are extremely lightweight. They come in portable and small shapes, which make it easy to carry and use anywhere. Oscilloscopes, which are also known as mixed-signal oscilloscopes (MSOs) or Digital Storage Oscilloscopes (DSOs) is used for observing various forms of harmonic noise, voltages, and waveforms.
Various factors are driving the growth of the oscilloscope market. These factors, in accordance with the Market Research Future (MRFR) report, include growing research and development investments in electronics, healthcare, and automotive, technological innovation, product reliability and efficiency, and growing demand for safety features in cars. Additional factors pushing the market growth include growth in global connect vehicles market and the various advantages that oscilloscope offers such as an innovative trigger system, signal fidelity, high acquisition rate, and advanced user interface.
On the contrary, less power efficiency, significant issue related to noise, and limited screen display are some factors that may deter the oscilloscope market growth over the forecast period.
The Market Research Future report offers a wide segmental analysis of the oscilloscope industry based on component, devices, type, and end user.
Based on component, the oscilloscope market is segmented into software and device & probe. Of these, the device & probe segment will have the largest share in the market over the forecast period.
Based on devices, the oscilloscope market is segmented into PC based, analog oscilloscope, and digital oscilloscope. The digital oscilloscope is again sub-segmented into digital sampling oscilloscope, digital storage oscilloscope, and digital phosphor oscilloscope. Of these, the digital oscilloscope segment will dominate the market over the forecast period.
Based on type, the oscilloscope market is segmented into passive oscilloscope, active oscilloscope, and current probes. Of these, the passive oscilloscope segment will lead the market over the forecast period.
Based on end user, the oscilloscope market is segmented into automotive, aerospace and defense, consumer electronics, healthcare, IT and telecommunication, and others. Of these, the consumer electronics segment will have the maximum share in the market over the forecast period.
Based on the region, the oscilloscope market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, Latin America, North America, and the Middle East and Africa (MEA). Of these, the APAC region will dominate the market over the forecast period. This is owing to rapid industrialization and urbanization in China and India that will accelerate the use of automation solutions in various manufacturing industries such as paper and pulp, oil and gas, food and beverage, and automotive in the upcoming years.
The oscilloscope market in North America will have the second largest share over the forecast period. A strong presence of manufacturing plants, automotive companies, test & measurement companies, and telecommunication network providers in Mexico, Canada, and the US is pushing the growth of the market in this region.
Leading players profiled in the oscilloscope market report include Pico Technology Ltd, Texas Instruments Incorporated, Keysight Technologies, Inc., TEKTRONIX, INC., Fluke Corporation, RIGOL Technologies Inc., Nation Instruments, Yokogawa Electric Corporation, Rohde & Schwarz, and Teledyne LeCroy.
May 2019- Anritsu Co. is offering a four-channel sampling oscilloscope for its BERTWave MP2110A augmenting the multi-function test instrument through the integration of BERT (bit-error-rate tester) and an oscilloscope. The combined capabilities will allow the BertWave to be utilized in manufacturing and development to assess the physical layer performance of the following- 5G mobile fronthaul, 4G/5G mobile backhaul, metro/core networks, direct attach cables, active optical cables, and other forms of high-speed optical devices that are used in data centers.