Oscilloscope Market 2021 Size, Status and Global Outlook – Tektronix, Inc., Keysight Technologies, Rohde & Schwarz GmbH & CoKG, Teledyne LeCroy

Market Insights Reports has added new statistical data to its repository titled as, Global Oscilloscope Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The Oscilloscope market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.

The oscilloscope market is expected to register a CAGR of approximately 4.97% during the forecast period (2021 - 2026). 

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Top Key Players in the Global Oscilloscope Market are 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., and others. 

Industry News and Update:

- 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.

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.
- Also, major oscilloscope providers are introducing new products specifically for automotive applications, to gain maximum market traction. For instance, in Aug 2019, Teledyne LeCroy launched a new dedicated Automotive Ethernet Debug Toolkit and an Automotive Ethernet Breakout Test Fixture which covers all aspects of physical layer Automotive Ethernet testing with compliance testing for 100Base-T1 and 1000Base-T1.
- Also, in July 2019, Tektronix released two new software packages that greatly simplify Automotive Ethernet testing, debug and Protocol Decode for use with its 5 and 6 Series mixed-signal oscilloscopes (MSO). Using the new Signal Separation software, automotive engineers can now perform Automotive Ethernet testing without disrupting the ECU system or cutting the Ethernet cable to install a directional coupler, while the PAM3 analysis package provides in-depth insight into signal characteristics at the system level.

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.
- Developing countries such as China and India are investing more in high-precision laboratory instruments, which will drive the oscilloscope market. Such investments in these regions will face a linear growth trend during the forecast period.

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This Global Oscilloscope Market report addresses:

– The Market size from 2016-2021

– Expected market growth until 2026

– Forecast of how market drivers, restraints, and future opportunities will affect

– Segment and regions that will drive or lead the market growth and why

– Comprehensive mapping of the competitive landscape

– In-depth analysis of key sustainability strategies adopted by market place.                              

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