Digital Oscilloscope Market Global Trends, Segmentation, Application, Size, Growth, Technology and Analysis by Forecast to 2023

Market Synopsis of Digital Oscilloscope Market:
An oscilloscope is an instrument used to display and analyse the electronic signals. The device displays a waveform graph of the signal as a function of time. 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 2017 – 2023.

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Major Key Players:
• 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)
• Hantek (China)

Market Dynamics of Digital Oscilloscope Market:
Drivers:
• Advantage of Digital Oscilloscope Market over the analog oscilloscope in its ability to convert any form of energy (Heat, light and sound) into digital form.
• The accuracy and precision of digital oscilloscope is also superior to the analog version.
• Ease of use is another advantage of digital oscilloscopes due to its better and detailed visuals showing the precise shape and timing of the pulse.
• Better trigger, storage, display and more measurement features

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 %.

Opportunities:
• Unmet need for a high-resolution digitizer to measure small signals accurately as most digital oscilloscopes have low resolution screens
• Triggering technologies such as hysteresis, and video triggering with fast rearm times between triggers, which allows isolation of smaller event
• Multi-record mode and large on-board memory
• Larger bandwidth and upgrading to PCI Express and PXI Express which allow several GB/s data rates
• Greater channel density and ability to add channels by synchronizing multiple instruments

Regional Analysis of the Digital Oscilloscope Market:
Digital oscilloscope market is segmented into regions like North America, Europe, APAC and rest of the world. Asia pacific holds the largest market share owing to its large population and huge demand from end users like Consumer electronics and Electronic Component making. Consumer electronics is seconded by aerospace & defence, meteorology, medical and media.

A large number of players have their base in the Asia pacific region such as Huawei, Samsung, and ZTE in countries like China, Japan, South Korea, India and Taiwan, which are the world leaders in consumer electronics and component manufacturing. The digital oscilloscope market is a high volume low margin market which favours companies and regions having low operating expenditure. Thus China is emerging as a leader in the market. These players are also spending large sums on product development. Also majority of world’s semiconductors and electronics component manufacturing is done in APAC, which boosts its share.

North America follows the APAC which is led by the U.S. However there has been a definite shift of the market 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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Segments of Digital Oscilloscope Market:
For the purpose of this study, Market Research Future has segmented the market of Digital Oscilloscope into type, application, end user, and region.

Type - Mobile Digital Oscilloscope, Stationary Digital Oscilloscope. This segmentation has been led by the hand held or mobile oscilloscopes as their convenience and mobility is the factor that adds value.

Application - 3D sensing, Data Communication, P video, Radar & Electronic warfare, Power & energy efficiency, Optical solutions

End User – Automotive, Medical, Education, Meteorology, Electronics, Telecom, Media, Aerospace & defence, Manufacturing.

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