The Global Digital Oscilloscope Market is picking up gradually, in terms of revenues as well as size. With the ability to convert any form of energy like heat, light, and sound into digital form with high accuracy and precision, digital oscilloscope has long been replacing analog oscilloscope. The market growth primarily attributes to the extensive adoption of digital oscilloscopes in consumer electronics, manufacturing, and precision engineering.
Moreover, user-friendly features of digital oscilloscope
escalate the market growth to furthered height. According to Market Research
Future (MRFR), the digital oscilloscope market is poised
to create a valuation of approximately USD
3.01 BN by 2023, growing at 6.82 %
CAGR during the forecasted period (2017 – 2023). Oscilloscopes find
applications mostly in the manufacturing sector. Handheld or mobile
oscilloscopes are more popular due to the convenience of the mobility they
offer.
Global Digital Oscilloscope Market – Competitive Analysis
The digital oscilloscope market appears to be highly competitive,
with several well-established forming a competitive landscape. To gain a larger
competitive share, players incorporate strategic initiatives such as mergers
& acquisitions, collaborations, expansion, and product/technology launch.
They make substantial investments to drive their R&D and expansion
plans.
Consumer electronics & component manufacturing companies,
along with some other end-users like aerospace & defense, meteorology, and
medical & media, hold a larger market share. Players are primarily
concentrated in the APAC region and continually innovate to bring about new
technologies that can improve visuals, accuracy, and data precision.
Major Players:
Players active in the digital oscilloscope market are
Keysight Technologies (US), GW Instek (Taiwan), Tektronix, Inc (US), Fluke
Corporation (US), Rohde & Schwarz GmbH (Germany), Teledyne LeCroy
Corporation (US), Rigol technologies (China), OWON (China), GAO Tek (Canada),
UNI-Trends (China), and Hantek (China), among others.
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Digital Oscilloscope Market – Segments
By Type :
Stationary Digital Oscilloscope and Mobile Digital Oscilloscope.
By Application :
Data Communication, 3D sensing, IP Video, Power & Energy Efficiency,
Radar & Electronic Warfare, Optical Solutions, and others.
By End-User :
Medical, Automotive, Education, Electronics, Meteorology, Telecom,
Aerospace & Defense, Media, Manufacturing, and others.
By Regions :
Europe, North America, Asia Pacific, and the Rest-of-the-World.
Digital Oscilloscope Market – Regional Analysis
The Asia Pacific region dominates the global digital
oscilloscope market. The largest market share attributes to augmenting demand
for cutting-edge technology solutions to measure the electric voltage. Besides,
substantial investments and increasing expenses in the power sector, alongside
the wide uptake of accurate oscilloscopes, drive the regional market growth.
Moreover, consumer electronics and electronic component
manufacturing sectors in the region boost the growth of the market. The
presence of major industry players such as Huawei, Samsung, ZTE, and others
positively impacts market growth. China, Japan, South Korea, India, and Taiwan
are the world leaders in consumer electronics and component manufacturing and
hence, hold considerable shares in the regional market.
North America stands second in the global digital
oscilloscope market. The market growth is driven by the semiconductor companies
a large number of technology providers and product manufacturers in the region.
Additionally, large technological advances and the rising sales of dual beam
oscilloscopes for digital signal processing foster the regional market.
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
Digital oscilloscope Market,
By Segments
7.
Competitive Analysis
Continued…
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