Oscilloscope Market Forecasts to 2028 – Global Analysis By Product (Analogue Oscilloscope, Digital Oscilloscope and Printed Circuit Board (PC) Based Oscilloscope), Component, Bandwidth, Technology, Probe Type, Application, End User and By Geography
According to Stratistics MRC, the Global Oscilloscope market is accounted for $2.06 billion in 2020 and is expected to reach $4.13 billion by 2028 growing at a CAGR of 9.1% during the forecast period. Rise in demand for signal storage and self-monitored facilities, increasing intelligence of electronic devices and increasing bandwidth are the major factors driving the market growth. However, high maintenance costs and lacking ease of use are restraining the market growth.
Oscilloscope is an electronic instrument used for observing constant varying voltage. The observation is usually done as two-dimensional plot of one or more than one signal which is represented as function of time. It is commonly used for displaying and analysing the waveform of electric signals.
Based on product, the analog oscilloscope segment is estimated to have a lucrative growth due to the increase in usage of analogue oscilloscopes. Analogue oscilloscopes are however expected to be replaced by digital oscilloscopes and PC based oscilloscopes due to the accuracy of data presented. By geography, Asia Pacific is going to have high growth during forecast period due to growing penetration of oscilloscopes in various countries in the region. 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 this region.
Some of the key players profiled in the Oscilloscope Market include Danaher, GAO Tek Inc, GW Instek, Hantek, Jingce Electronic, Keysight, Lvyang Electronic, National Instruments, OWON, RIGOL Technologies, Rohde & Schwarz, SIGLENT, Teledyne LeCroy, Uni-Trend and Yokogawa.
Estimated Market Size in 2020:
USD 2.06 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 4.13 billion
Tables, Graphs& Figures
Product, Component, Bandwidth, Technology, Probe Type, Application, End User and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Analogue Oscilloscope
• Digital Oscilloscope
• Printed Circuit Board (PC) Based Oscilloscope
• 1.1 – 8Gz
• Analog Storage Oscilloscope
• Cathode Ray Oscilloscope (CRO)
• Dual Beam Oscilloscope
• Software Defined Oscilloscope
• Traditional Oscilloscope
Probe Types Covered:
• Active Oscilloscope Probe
• Current Probes
• Passive Oscilloscope Probe
• Aerospace Electronics
• Automotive Electronics
• Communications Electronics
• Consumer Electronics
• Data Storage
• Instruments and Meters
• Medical & Life Sciences
• Teaching and Research
End Users Covered:
• Aerospace & Defense
• Information Technology (IT) & Telecommunication
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Oscilloscope Market is majorly driven by rise in demand for signal storage and self-monitored facilities, increasing intelligence of electronic devices and increasing bandwidth.
The digital oscilloscope segment is growing at a highest CAGR owing to rise in digitalization and rapid technological advancements. Analog oscilloscopes are expected to be replaced by digital oscilloscopes.
North America dominated with a significant market share due to the factors such as product innovation and establishment of key players in the market.
Asia Pacific market is growing at a highest CAGR owing to growing penetration of oscilloscopes in various countries in the region.
Key players in Oscilloscope Market include Danaher, GAO Tek Inc, GW Instek, Hantek, Jingce Electronic, Keysight, Lvyang Electronic, National Instruments, OWON, RIGOL Technologies, Rohde & Schwarz, SIGLENT, Teledyne LeCroy, Uni-Trend and Yokogawa.
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