Logic Analyzer Market Emerging Trend and Advancement Outlook 2020 to 2025

The Global Logic Analyzer Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2020-2025.

The report provides a unique tool for evaluating the Logic Analyzer Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends to identify emerging technologies and development and focuses on market capacities and on the changing structure of the Logic Analyzer Industry.

Top Companies:  Tektronix, Inc (U.S.), Keysight Technologies (U.S.), Test Equity (U.S.), GW Instek (Taiwan), Teledyne LeCroy Corporation (U.S.), Atec (U.S.), GAO Tek (Canada), Honeywell Technologies solutions (U.S.), Hewlett Packard (U.S.) AccuSource Electronics (U.S.), and Hantek (China).

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The logic analyzer market is expected to witness a CAGR of 12.66%, during the forecast period. The proliferation of the market is expected to be driven by the demand for consumer electronics and the growing demand for testing complex logic. The logic analyzers are being extensively used in the connected cars and higher adoption of IoT-based devices in the electronics and semiconductor sector.

The logic analyzers with high-speed sampling capability and spectrum analyzer are expected to be increasingly used for the mobile communication system that has been growing at a rapid rate. In February 2019, Rohde & Schwarz introduced the new R&S RTP134 with 13 GHz that has applications in the fields of automotive, aerospace and defense, industrial, and telecommunications.

Key Market Trends

The Growth of Autonomous Vehicles is Expected to Drive the Market Growth

- The logic analyzer is expected to be increasingly used in the automotive industry as the companies increasingly invest in autonomous vehicles. This is due to the need for accurate testing devices that ensure the highest levels of safety before introducing these cars into the market. Additionally, autonomous cars have a requirement of low power and compact electronic devices that need to be tested during their production.
- Additionally, automotive manufacturers are deploying increasingly complex electronic systems that include radar, video, navigation, and wireless applications. The aforementioned factor has been continually generating the need for specialized test and measurement solutions. Vendors, like TRS-RenTelco, offer electronic automotive test equipment developed in collaboration with key players, like Keysight, Rohde & Schwarz, and Tektronix, to meet market demand.
- Moreover, as the automotive ethernet technology in vehicles accelerates, there has been a need for comprehensive design validation to ensure interoperability and reliable operation in multiple ECUs. Tektronix Inc., in July 2019, released two new software packages that are expected to simplify automotive ethernet testing further, Debug and Protocol Decode for their use with its 5 and 6 Series mixed-signal oscilloscopes.

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Asia-Pacific is expected to be the Fastest Growing Market in the World

- All major end-user industries that have major applications for logic analyzers are growing in this region, and hence, Asia-Pacific is expected to be the fastest-growing market for logic analyzers. The Asia-pacific market has emerged as one of the most dynamic markets for automated vehicles. Almost all major players based in the region have been investing in automated vehicle development programs.
- Toyota, for instance, announced the creation of a USD 100 million venture fund in May 2019 to invest in autonomous driving and robotic technology start-ups. Other players, like Mitsubishi and Honda, have been undertaking active partnerships to help the proliferation of the market.
- Furthermore, the semiconductor industry, which has a major application for the logic analyzers, is also expected to grow rapidly during the forecast period. As part of the Made in China 2025 blueprint, the government of China has set the goal of taking the semiconductor industry output to USD 305 billion by 2030.
- Additionally, the expansion of 5G networks in the region is expected to be one of the major factors driving the growth of the market studied, both directly and indirectly. According to GSMAs latest report, 5G is expected to contribute about USD 900 billion to the economy of the region over the next 15 years.

Regional Analysis: For a comprehensive understanding of market dynamics, the global Logic Analyzer Market is analyzed across key geographies namely: United States, China, Europe, Japan, Middle East & Africa, India, and others. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.                       

Significant Features that are under Offering and Key Highlights of the Reports:

-Detailed overview of Logic Analyzer Market
-Changing Logic Analyzer market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current and projected Logic Analyzer market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Logic Analyzer Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

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