Oscilloscope Market 2021 SWOT Analysis and Key Business Strategies by Leading Players – Tektronix, Inc., Keysight Technologies, Rohde & Schwarz GmbH & CoKG, Teledyne LeCroy, Yokogawa Test & Measurement Corporation

Latest research on Oscilloscope Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Oscilloscope market. this report included a special section on the Impact of COVID19. Also, Oscilloscope Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Oscilloscope industry.

Oscilloscope market is growing at a CAGR of 4.97% during the forecast period (2021-2026).

The Oscilloscope market is highly competitive and consists of a number of major players. Top Companies like Tektronix, Inc., Keysight Technologies, Rohde & Schwarz GmbH & CoKG, Teledyne LeCroy, Yokogawa Test & Measurement Corporation, National Instruments, Rigol Technologies, Inc., Fluke Corporation, Texas Instruments Incorporated, Pico Technology, B&K Precision Corporation, Scientech Technologies Pvt. Ltd.

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Industry News And Developments:

- August 2019 - RIGOL Technologies announced an expansion to its UltraVision II oscilloscope portfolio with the introduction of the New MSO8000 Series Digital Oscilloscope. Delivering Bandwidth up to 2 GHz Bandwidth and a new Jitter and Real-Time Eye Analysis package the MSO8000 Series extends RIGOL's value proposition into serial data analysis and signal integrity applications.

- July 2019 - Tektronix has announced the expansion of its scalable DPO70000SX Series Performance Oscilloscope to include new 13 GHz and 16 GHz models, for automotive and military applications. The new offerings allow engineers to take advantage of the high sample rate and low noise floor of Tektronix’s highest performance family of oscilloscopes at lower bandwidth levels and more affordable price points.

Scope of the Report

- Increased focus on product design, safety, and density are driving the adoption of oscilloscope in the manufacturing sector across the globe. Additionally, growing R&D investments across various sectors such as automotive, healthcare, and electronics are creating new growth avenues for market players.

- Analog oscilloscope was used extensively in consumer electronics, manufacturing, and precision engineering, before the introduction of digital oscilloscopes. However, the ability to convert any form of energy (heat, light, and sound) into digital form with more accuracy and precision is the leading factor for the huge market share of the digital oscilloscopes. Also, digital oscilloscopes tend to be more user-friendly than any other measuring instruments that measure electric voltage & current. The digital oscilloscope displays a much better and detailed visual that shows precisely the shape and timing of the pulse.

- Also, scientific instruments and medical monitoring instruments are widely getting adopted in the developing and developed economies, which are supporting the growth in the applications of an oscilloscope. The technological innovation is playing a significant role in the adoption of real-time oscilloscope among the end-user industries. The growth of the semiconductor and electronics industry is another key driving force for the growth of global oscilloscope market globally.

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Key Market Trends

Automotive Sector to Have a Significant Impact on the Market

- The automotive industry is expected to have major potential applications in the market, owing to the growing adoption of electric and autonomous cars. Additionally, hybrid vehicles will also positively influence the growth of the global oscilloscope market.

- With the increase of sensors, actuators and wiring diagrams built in the modern automobiles, the automobile oscilloscope is an instrument which diagnoses irregularities in the automobile faster and easier. The oscilloscope observes output signals from inductive sensors, whose output signals form an impulse sequence, slow-changing analog signals, primary and secondary ignition circuits, intake manifold absolute pressure, starter current waveforms, charging currents, etc. Hence, the production and sales of connected and hybrid cars are further accentuating the market growth in the automotive sector.

- According to the International Energy Agency, the United States had approximately 1.1 million battery and plug-in hybrid electric vehicles in use in 2018.

Asia-Pacific to Witness a Significant Growth Rate Over the Forecast Period

- The Asia-Pacific region is expected to remain a highly attractive market for oscilloscope in the forecast period and register the highest market growth. Growing penetration of oscilloscopes in various APAC countries is the primary factor driving the growth of the market. Moreover, the rapid growth of the electronics manufacturing and automotive manufacturing sectors is also playing an essential role in propelling the oscilloscope market forward in APAC.

- Investments in new automotive manufacturing projects in Asian countries are expected to drive the global oscilloscope market during the forecast period. Electric and hybrid car production units will support manufacturers of the region.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Oscilloscope Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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