Global Oscilloscope Market | Product development strategies such as incorporating differential measurement, multi-phase, bandwidth measurement

Market Synopsis of Oscilloscope Market

An oscilloscope is an instrument used to display changes occurring in electrical signals and analyse the electronic signals. The device displays a waveform graph of the signal as a function of time. Globally the market for oscilloscope market is expected to grow at the rate of more than ~9% from 2016 to 2022.
Market Dynamics of Oscilloscope Market
Drivers
• Growing demand for signal storage equipment, from research and academics
• Technical advancement such as increasing memory depth, sampling frequency, signal integrity etc.
• Falling cost of raw material electronics
• Growing research and development leading to better resolution and digital oscilloscopes
• Global supply chains and efficient outsourcing
Restraints
• High volume low profit margin market
• Highly fragmented market with a large number of players which puts pressure on pricing
• Poor growth in the semiconductor segment. The U.S. market for semiconductor fabrication is growing at a poor rate of 1 %.
• Lack of collaboration of companies with retailers and wholesalers

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Some of the major players in Global Oscilloscope Market includes Agilent Technologies Inc. (U.S.), Teledyne LeCroy Inc. (U.S.), Rohde & Shwarz (Germany), GW Instek (Taiwan), Yokogawa Electric (Japan), National Instruments Corporation (U.S.), RIGOL Technologies (China), Fluke Corporation (U.S.), EXFO Inc. (Canada), and Texas Instruments, Inc. (U.S.) among others.

Globally the market for Oscilloscope market is expected to grow at the rate of more than 9% from 2016 to 2022.

Key developments and trends
• Product development by incorporating many features such as differential measurement, multi-phase, bandwidth measurement, voltage measurement is a current need.
• Performance improvement such as greater sampling frequency, signal integrity, memory depth, form factor, number of channels, is expected to result in greater share
• Miniaturisation and portability is on a rise with the trend towards handheld portable devices such as USB oscilloscopes
• Inbuilt memory devices for signal storage and better user interface
• Another trend has been growing demand for integration and synchronisation of the oscilloscopes with other systems such as PC
• There is a large unmet need for refurbished devices and up gradation market
• Incorporation of advanced triggering technologies such as hysteresis, and video triggering with fast rearm times between triggers, which allows isolation of smaller event
• Digital phosphor oscilloscopes are expected to dominate the high end applications as they display a signal in three dimensions: time, amplitude and the distribution of amplitude over time (intensity).

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Regional Analysis of Oscilloscope Market

Asia Pacific is dominating the global oscilloscope market due to high adoption of digital oscilloscope in education sector, especially by China & India. China is expected to be the fastest market due to explosive growth of its manufacturing capacities and capabilities and huge demand from end users like consumer electronics and electronic component making. Presence of large number of players such as Huawei, Samsung, and ZTE in countries like China, Japan, South Korea, India and Taiwan, is another reason for the dominance of Asia Pacific. The high volume low margin nature of the digital oscilloscope market also favours companies and regions having low operating expenditure. Thus China is emerging as a leader in the market. Also majority of world’s semiconductors and electronics component manufacturing is done in APAC, which boosts its share.

North America is expected to be the second largest market region followed by Europe and Middle East & Africa. However there has been a definite shift of the manufacturing in favour of the Latin American regions especially Mexico. The Middle East and Africa represent moderate growth due to their smaller industrial base.

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This release was published on openPR.