Digital Oscilloscope Market Analysis by Top Key Players - Tektronix, Keysight, GW Instek , Teledyne LeCroy, Fluke, Rohde & Schwarz GmbH, GAO Tek, Rigol technologies, OWON, UNI-Trends and Hantek

Recent research and the current scenario as well as future market potential of "Digital Storage Oscilloscope Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2023 globally

The Digital Oscilloscope market is expected to reach approximately 3.01 USD billion by the end of 2023 with 6.82 % CAGR during the forecasted period from 2018 – 2023.

The Oscilloscope can be segmented into types and applications. Types of oscilloscopes available in the market are Digital, Analog, Cathode ray, Dual-beam, handheld, Mixed signal, sampling and PC based among others. Oscilloscope is serving various application sectors which includes science, healthcare, engineering, semiconductor, automotive, and telecommunication among others.

Key players:

The Digital oscilloscope market holds some of the Key players such as Tektronix, Inc (US), Keysight Technologies (US), GW Instek (Taiwan), Teledyne LeCroy Corporation (US), Fluke Corporation (US), Rohde & Schwarz GmbH (Germany), GAO Tek (Canada), Rigol technologies (China), OWON (China), UNI-Trends (China), and Hantek (China).

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Market Highlights:

The Digital oscilloscope market is a slow growing market but holds most of the manufacturing and end user applications. Digital oscilloscope market is composed of many large organizations from electronics industry. It is witnessed that a large share of Digital oscilloscope market is dominated by the Consumer electronics and component manufacturing end users along with aerospace & defense, meteorology, medical and media following the lead. These end users are majorly concentrated in APAC which leads the market by regions. The digital oscilloscope displays a much better and detailed visuals that shows precisely the shape and timing of the pulse. Earlier, analog oscilloscope were used heavily in consumer electronics, manufacturing and precision engineering. Digital oscilloscopes tend to be more user friendly than any other measuring instruments that measure electric voltage & current 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 Digital oscilloscope.

Major of the world’s semiconductors and electronics component manufacturing is done in APAC. The increased demand of better consumer electronics has led the electronic component manufacturers to develop the components with precision and accuracy to outlast the performance.

Regional Analysis:

Digital oscilloscope market is also segmented on the basis of End Users in which Electronics is leading the game. Electronics includes everything from the component manufacturing to consumer electronics. Asia pacific is the leader in the Digital oscilloscope market thanks to the end users like Consumer electronics and Electronic Component making. Companies like Huawei, Samsung, and ZTE in countries like China, Japan, South Korea, India and Taiwan are the world leaders in consumer electronics and component manufacturing.

The digital oscilloscope market is mainly bifurcated under North America, Europe, Asia pacific and rest of the world. At present the market is led by Asia pacific and will continue to lead in the upcoming future. However, North America is following the lead but the gap between two regions on market share is very big. The major factors that lead to the higher market share of Asia pacific region is the concentration of consumer electronics, semiconductor and electronics component manufacturing companies. These end users heavily require the usage of digital oscilloscope for precision and efficient manufacturing. Also the increase in the data communication technology, the countries in Asia pacific are investing in high speed optical fiber cables and wireless technologies requiring the efficiently configured equipments.

Market Research Analysis:

An Oscilloscope is an electrical device useful for designing and repairing of circuits carrying voltage and current varying with time. It is primarily used for observing and analyzing waveforms of electrical signals. These waveforms are subjected to change with respect to amplitude, frequency, time, and distortion among others. The growing adoption of test equipment devices in engineering and semiconductor sectors is driving the growth of Oscilloscopes in the market. Positive government initiatives is also fuelling the oscilloscopes market growth, especially in Asia-Pacific countries. However, lack of skilled expertise and lack of awareness is the current challenges for the market growth.

Intended Audience:

Electronic device manufacturers
Consumer electronics
Distributors
Suppliers
Research firms
Software investors
Software Developers
Government agencies
Medical equipment Vendors
Universities and colleges
Telecom and media agencies
Weather forecasters.
Auto parts manufacturers.

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TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGY

2.1 RESEARCH DIGITAL OSCILLOSCOPE
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION

3 MARKET DYNAMICS

3.1 INTRODUCTION
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
3.5 MARKET RESTRAINTS

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