Report Code: A10015 | Pages: NA | Mar 2023 | 2342 Views | ||
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Request Now !The global oscilloscope market is experiencing significant growth and is expected to grow considerably in the next few years. Oscilloscope is a laboratory instrument that is usually used to analyze and display the waveform of electronic signals. It is one of the broadly used testing instruments in laboratory applications. It is used to look at the form of electrical signals by displaying a graph of voltage against time.
There are two types of oscilloscopes, analog and digital oscilloscope. Digital oscilloscope works like voltmeter with additional information regarding the variation of voltage with respect to time. The key use of an oscilloscope is to observe the exact wave shape of an electrical signal. It can analyze high frequency transients due to advanced DSP algorithms available. It can also analyze signal in real time and large samples of acquired data with the help of storage memory.
The global oscilloscope market is segmented on the basis of type, probe type, end users and region. Based on type, the market is divided into analog and digital. In terms of probe type, the market is categorized into active oscilloscope probe, passive oscilloscope probe, and current probes. On the basis of end users the market is divided into consumer electronics, automotive, aerospace & defense, IT & telecommunication, healthcare, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global oscilloscope industry include Agilent Technologies Inc., Danaher Corp., Teledyne LeCroy Inc., Rohde & Schwarz GmbH and Co., Yokogawa Electric, Fluke Corp, ZTEC Instruments, National Instruments, GW Instek, and Keithley Instruments Inc.. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global oscilloscope market.
Market Scope and Structure Analysis
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast unit | Value (USD) |
Segments covered | Type, Probe Type, End User, and Region |
Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
Companies covered | Agilent Technologies Inc., Danaher Corp., Teledyne LeCroy Inc., Rohde & Schwarz GmbH and Co., Yokogawa Electric, Fluke Corp, ZTEC Instruments, National Instruments, GW Instek, and Keithley Instruments Inc. |
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COVID-19 Scenario Analysis
The key advantage of adopting oscilloscope is attributed to its advanced user interface, high acquisition rate, signal fidelity, and an innovative trigger system. Innovation in the wireless sensor is a driving factor for the adoption of advanced oscilloscope. In addition, factors, such as increase in demand for signal storage & self-monitored facilities, increasing intelligence of electronic devices, expected growth in general purpose test market, increasing bandwidth, modular instrumentation, and user interface improvements, are expected to fuel the market growth during forecast period.Â
Moreover, the development in digital oscilloscope has led to the creation of other types of digital oscilloscopes, digital storage oscilloscopes, digital phosphor oscilloscopes, and sampling oscilloscopes. However, the growing economic uncertainty and emergence of future proof solutions are expected to hamper the oscilloscope market growth. Scientific instruments and medical monitoring instruments are broadly getting adopted in the developing and developed economies, which are supporting the growth in the applications of an oscilloscope. Technological innovation is playing a significant role in the adoption of real-time oscilloscope among industries.
An oscilloscope can be classified into digital oscilloscopes and analog oscilloscopes. Digital oscilloscopes have held the largest market share, second-largest market share has been held by PC-based oscilloscopes, followed by analog oscilloscopes with the lowest market share. Analog oscilloscopes are expected to be replaced by digital oscilloscopes and PC-based oscilloscopes. Digital oscilloscopes have an advantage over analog oscilloscopes, but the prime drawback of the digital oscilloscope is the limited refresh rate of a digital screen.
The automotive industry is expected to have key potential applications in the market, owing to the rising adoption of electric and autonomous cars. Additionally, hybrid vehicle is expected to positively influence the development of the global oscilloscope market. With the surge of sensors, actuators, and wiring diagrams built in the modern automobiles, automobile oscilloscope is an instrument, which diagnoses irregularities in the automobile easier and faster.Â
It observes output signals from inductive sensors, whose output signals form an impulse sequence, slow-changing analog signals, primary & secondary ignition circuits, starter current waveforms, and intake manifold absolute pressure charging currents. Therefore, the production and sales of connected and hybrid cars are further accentuating the market growth in the automotive sector.Â
Key Segments Covered
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Key Benefits of the Report
Questions Answered in the Oscilloscope Market Research Report
Oscilloscope Market Report Highlights
Aspects | Details |
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Key Market Players | Company1, Company2, Company3, Company4, Company5, Company6, Company7, Company8, Company9, Company10 |
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