Logic Analyzer Market 2021 Precise Outlook- Keysight Technologies Inc., Gao Tek Inc., Rohde & Schwarz GmbH & Co. KG, Teledyne LeCroy Inc., National Instruments Corporation

The report presents an in-depth assessment of the Logic Analyzer market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles, and strategies. The report also presents forecasts for Logic Analyzer investments from 2021 till 2026.

The logic analyzer market is expected to witness a CAGR of 12.66%, during the forecast period 2021 - 2026

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Key Market Players:

Keysight Technologies Inc., Gao Tek Inc., Rohde & Schwarz GmbH & Co. KG, Teledyne LeCroy Inc., National Instruments Corporation, Yokogawa Test & Measurement Corporation, Newcomb Company Inc., Advantest Corporation, Fortive Corporation, Rigol Technologies Inc. and Other

With the technological advancements across industries, the adoption of technologies like IoT, AI, Automation, and many more is rising. According to estimates by the Cisco Internet Business Solutions Group (IBSG), 25 billion devices will be connected to the Internet by 2015 and 50 billion by 2020. such trends are expected to create significant growth opportunities for logic analyzers in the forecast period.
- Increased focus on product design, safety, and density drives logic analyzers' adoption across various end-user industries globally. Additionally, growing R&D investments across various industries, such as automotive, healthcare, and electronics, create new growth avenues for market players.

Key Market Trends

PC- Based Logic Analyzer is Expected to Drive the Market Growth

- The PC-based logic analyzer segment is expected to expand during the forecast period considerably due to the various benefits it offers, such as the ease of installation, coupled with the ability to record both analog and digital signals, which makes them an appropriate choice for multiple end-user segments.
- Moreover, USB-based analyzers offered by players like Gaotek are continually reducing in size and cost, thereby making them attractive options for several end-user industries.
- One of the main advantages of the USB or PC-based logic analyzer is cost-effectiveness. The overall instrument utilizes many aspects of a computer that is likely to be available already. Power supply, display, and processing power are all available within the PC, and this means these do not need to be replicated within the USB scope.
- In many instances, a computer will be available in an environment where electronic equipment is to be tested, and therefore using the processing power, screen, and power supply of the PC or other computer helps to save on cost and space.
- Further, with the decreasing lab spaces and engineering teams becoming more distributed, companies are choosing all-in-one instruments as a supplement to traditional laboratories, creating a need for a portable test and measurement bench that can support all types of designs.

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.

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

Executive Summary: It includes key trends of the global Logic Analyzer market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Logic Analyzer market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Logic Analyzer market.

Market Segments: This part of the report discusses product type and application segments of the global Logic Analyzer market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Logic Analyzer used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Finally, the Logic Analyzer Market report is a believable source for gaining Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate and figure, and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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