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Oct 8, 2020 8:00 AM ET

Global Oscilloscope Market is set for a Rapid Growth and is Expected to Reach USD 6,900 Million Globally by 2026

iCrowd Newswire - Oct 8, 2020

Zion Market Research has published a new report titled “Global Oscilloscope Market Analysis by product (Analog, Digital and PC Based) by Component (Hardware and Software) by End User (Medical and Life Sciences, Automotive, IT and Telecommunication, Consumer Electronics and Aerospace and Defense) and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026”. According to the report, the global oscilloscope market analysis was valued at around USD 4,300 million in 2019 and is expected to reach over USD 6,900 million by 2026, growing at a CAGR of around 7% during the forecast period from 2020 to 2026.

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Oscilloscope is an electronic test instrument that gives a two dimensional graphical representation of varying voltages. Oscilloscopes can represent alternating current (AC) and pulsating digital current waveforms. Oscilloscopes can display frequency in a range of Hertz (Hz) to Megahertz (MHz). Whereas, Highend oscilloscopes can display the frequency in Gigahertz (GHz). In an oscilloscope the horizontal deflection is measured with respect to time and the vertical deflection is measured with respect to voltage.  The graphs are plotted as a function of time. Signals such as sound and vibrations can be converted to voltages and displayed. It is widely used in medical for displaying heartbeat waveforms. Oscilloscopes can be chosen on the basis of bandwidth, triggering cost, memory and sampling frequency. Market availability of oscilloscopes can be in different forms such as bench top, handheld, portable and PC based.

Oscilloscope Market

Plasma display and liquid crystal display are used for manufacturing the screen of oscilloscope due to their convenient usage. Analog oscilloscopes are highly efficient and reliable. On the other hand, digital oscilloscopes are capable of storing number of signals. Oscilloscopes are used for troubleshooting and testing of electronic devices. A PC based oscilloscope is a special printed circuit board which can be a USB or peripheral component interconnect (PCI). Cost efficiency and storage benefits offered by the digital oscilloscopes is expected to trigger demand for this segment. However, oscilloscopes cannot be used to measure high frequencies. Limited screen display is considered as a restraint for market growth. One may need a manual training to start the use of oscilloscopes.

Ever extending application markets for oscilloscopes are expected to open new growth window for this industry in the years to come. Oscilloscopes can be used to detect bugs and noise in a signal. Oscilloscopes are used to measure frequency and voltages. Oscilloscopes reveals a vast coverage in automotives as it can be used for autonomous vehicle. Oscilloscope is used for display for self-driven automobiles. Oscilloscopes are widely used in medical sciences, for instance, an electrocardiogram- used for representing heart waveforms. Increasing application in medical industry is anticipated to drive demand for oscilloscopes in North America region. Oscilloscopes are prominent in military and defense as it can detect the malfunctioning devices. Developing countries like India and China are investing more on high accuracy laboratories can be expected to trigger the growth of this industry in Asia Pacific. Asia pacific region is found more attractive and fastest growing market of oscilloscope.

Some of the key market players in market are- Tektronix, Inc., Keysight Technologies, Teledyne lecroy, Rohde & Schwarz, Yokogawa, Agilent technologies. Teledyne lecroy had launched an oscilloscope named WaveSurfer 3000z recently, with built in instruments and development tools with a huge memory.

This report segments the Global Oscilloscope Market analysis as follows:

Global Oscilloscope Market Analysis by Product-

Global Oscilloscope Market Analysis by Component-

Global Oscilloscope Market Analysis by End User Industry-

 Global Oscilloscope Market Analysis by Region-

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Keywords:    Oscilloscope Market

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