Digital Oscilloscope Market Research Report – Global Forecast up to 2023

Digital oscilloscope Market, By Type (Mobile Digital Oscilloscope & Stationary digital oscilloscope), By Application (3D sensing, Data communication, IP video, radar & Electronic warfare, Power & energy efficiency and optical solutions), By End – User (Automotive, Medical, Education, Meteorology, Electronics, Telecom, Media, Aerospace & Defense and manufacturing) and By Region (North America, Europe, APAC and Rest of the World).

ID: MRFR/SEM/3033-HCR | February 2021 | Region: Global | 100 pages

Market Overview 


The Digital oscilloscope Market is anticipated to augment slowly even though the market is having the highest Digital oscilloscope Market Share. In earlier, the oscilloscopes that were widely utilized in manufacturing, consumer electronics, and precision engineering, were mostly of the analog category. However, later there was a rapid increase in the Digital oscilloscope Market Share because of its ability to transform any category of energy such as sound, light, and heat into its digital form, which resulted in the formation of Digital Oscilloscope Software.  The conversion into digital form is not only done with only precision but also immense accuracy and that’s another key factor behind the massive share of the Digital Oscilloscope Market. 


Moreover, the USB Digital Oscilloscope displays way more detailed and better visuals that display the timing and shape of the pulses with absolute accuracy. Nowadays there’s an increased concentration towards density, security, and product design that is increasing the tendency of adoption of oscilloscopes by the Digital Oscilloscope Market Manufacturers. Moreover, it’s a fact that the USB Digital Oscilloscope is potentially more user-friendly than other similar measuring instruments that are utilized for measuring current and electric voltage. Along with that, there’s an ever-rising rate of R&D investments in electronics, healthcare, and automotive and this is facilitating new growth approaches for the major Digital Oscilloscope Market Manufacturers.


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. The significant rise of end-users is facilitated by the arrival of Digital Oscilloscope Software. Nowadays, Oscilloscopes are utilized widely in IT, consumer electronics, aerospace, telecommunications, healthcare, defense, automotive, etc. The primary use of Digital Oscilloscope Multimeter is in manufacturing and designing activities. The Digital oscilloscope Market refers that the rise of end-users is resulting in a positive impact in the Digital Oscilloscope Market.


COVID-19 Analysis 


During the unexpected surge of the COVID-19 pandemic, the worldwide electronics industry and semiconductors witnessed varied Digital oscilloscope Market Trends over the last two years with all the heavy industries including manufacturing industries facing several operational challenges because of limited cash flow in the course of the pandemic. There were also challenges like demand fluctuations, chain disruption, etc. Besides, cloud computing, online supporting sectors, and data center services gained significant revenue during the pandemic. However, end-users who were spending on Digital Oscilloscope Multimeter are anticipated to rebound majorly over the near future. 


However, Digital oscilloscope Market is reviewing their long-term strategies to come out with more efficiency in the post-pandemic scenario. The key companies of the Digital oscilloscope Market are reviewing their strategies via the modification in the R&D strategies, compositions of product portfolios, acquisitions, capital expenditures, mergers, and various other growth strategies. 


Market Dynamics 



  • Drivers  


Various factors drive the Digital oscilloscope Market like opportunities, growth potential, industry-specific changes, risks, etc. There are also factors like competitive developments, agreements, acquisitions in the market, new product launches, and expansions. Moreover, increased concentration towards security, density, and product design is driving the rapid adoption of Oscilloscopes in the Digital oscilloscope Market Trends. Besides, the rapid expansion of the semiconductor industry, strong competition, and multiple alterations in government regulations and norms are also facilitating the growth of the Oscilloscope market. 



  • End-user Analysis 


Digital Oscilloscope Market Analysis proves that, among various segments of end-users, the consumer electronics division is responsible for 2017’s 34.30% Digital Oscilloscope Market Share. Moreover, it is anticipated to grow 6.83% CAGR in the course of the projection period. Another most prominent end-user of Digital oscilloscope Market Analysis is the electronics sector. Design development and manufacturing are the primary spheres where the vital Advantages of Digital Oscilloscope can be applied. 



  • Device Type Analysis


Among the different segments of devices, the Advantages of Digital Oscilloscope plays the key role in 2017’s 52.14% market share. Moreover, this particular segment is anticipated to cross at least 1,100 Million USD by the forecast period, which is way higher than 2018’s market share of 677.15 Million USD. Therefore, it reflects the strong growth of the Digital Oscilloscope Market. The key reason behind this is the widespread adoption of various Digital Oscilloscopes ensuring high performance. 



  • Cumulative Growth Analysis 


The Digital oscilloscope Market is anticipated to widen at a CAGR or Compound Annual Growth Rate of 6.82% in the course of the forecast period, i.e. 2017-2023. By the end of 2023, the Digital Oscilloscope Market is anticipated to pass over 3.01 Billion USD.



  • Component Analysis 


The probes and devices segments were responsible for the 62.65% Storage Oscilloscope Market share with USD 813.67 Million valuations, in 2017. During the Digital oscilloscope Market Forecast period, both these segments are expected to hold a CAGR of at least 7.39% in the course of the forecast period. Both probes and devices of the Oscilloscope Market are vital for facilitating the accurate acquiring and analysis of frequency and time-based domains of the analog waveforms. 



  • Probe Type Analysis


The passive segment belonging to the different types of probes of Digital Oscilloscopes Market Analysis is responsible for the huge market share regarding its value. This particular segment is anticipated to grow at 7.80% CAGR in the course of the forecast period. The advantages of passive Oscilloscopes are that they are cost-efficient and user-friendly, and these are the key reasons behind their exponential growth. 


Segment overview 


The Global Digital Oscilloscope Market is segmented into various divisions based on type, device, region, application, probe, and end-users. 


By Region


The Digital Oscilloscope Market is classified into the following regions: 


North America 


  • Canada 

  • The U.S. 


Asia-Pacific 


  • Japan

  • India

  • China

  • ASEAN

  • South Korea


Europe 


  • France 

  • Italy

  • The U.K.

  • Germany 


Rest of the world 


  • Africa

  • Middle East

  • Latin America



By Application: 


Based on application, the Digital Storage Oscilloscope Market are classified into two divisions, such as: 



  • Data communication

  • Radar welfare

  • IP video 

  • Electronic welfare

  • Optical solutions

  • Power efficiency

  • 3D sensing

  • Energy efficiency 


By Probe Type: 


Based on probe type, there are certain divisions of the Digital Oscilloscope Market such as: 



  • Active Oscilloscope Probe 

  • Passive Oscilloscope Probe

  • Current Probe


By Device Types: 


Based on device types, the Digital Oscilloscope Market are segmented into the following parts: 



  • Stationary Digital Oscilloscope 

  • Digital Phosphor Oscilloscope

  • Mobile Digital Oscilloscope 

  • Digital Storage Oscilloscope

  • Analog Oscilloscope

  • Digital Sampling Oscilloscope

  • PC-based Oscilloscope 


This classification is based on mobile or handheld oscilloscopes as their mobility and convenience are the factors that include value to the product. 


By End Users: 


Depending on end-users, there are also some classifications of the Digital Storage Oscilloscope Market. 



  • IT & Telecommunication

  • Automotive Defense

  • Consumer Electronics

  • Healthcare

  • Automotive Response 


However, among all those classifications, electronics is the most important. It incorporates everything from consumer electronics to component manufacturing. 


Regional Analysis


The APAC or Asia Pacific region is responsible for the 59.38% Digital Oscilloscope Market Share in 2017. This region is anticipated to remain a massively significant market of the Oscilloscope industry in 2021. Moreover, the oscilloscope market of APAC is expected to surpass 8.93% of CAGR and a total valuation of 1,200 Million USD in the course of the forecast period. The rising penetration of various oscilloscopes industries in the APAC nations is the foremost factor that’s influencing the growth of the Digital Oscilloscope Market. Besides, the enormous rise of automotive and electronics manufacturing sectors is also playing a significant role in driving the APAC oscilloscope market forward. 


Scope of report and segmentation table



  • Base year – 2021

  • Forecast period – 2021-2023

  • Historical data – 2018



Frequently Asked Questions (FAQ) :


Global digital oscilloscope market is projected to grow at approximately 6.82% CAGR during the assessment period (2017-2023).

The valuation of the global digital oscilloscope market is estimated to increase to USD 3.01 BN by the end of 2023.

Increasing manufacturing and end user applications and spurring growth in the consumer electronics component manufacturing and aerospace & defense sectors, are major tailwinds pushing the growth of the global digital oscilloscope market.

The Asia Pacific region holds the largest share in the global digital oscilloscope market, followed by North America and Europe, respectively.

Keysight Technologies (US), Tektronix, Inc (US), GW Instek (Taiwan), Fluke Corporation (US), Teledyne LeCroy Corporation (US), Rohde & Schwarz GmbH (Germany), Rigol technologies (China), GAO Tek (Canada), OWON (China), Hantek (China), and UNI-Trends (China), are some of the top players operating in the global digital oscilloscope market.

TABLE OF CONTENTS


1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE


2 RESEARCH METHODOLOGY

2.1 RESEARCH DIGITAL OSCILLOSCOPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION


3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS


4. EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 DIGITAL OSCILLOSCOPE MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY TYPE

6.2.1.1 MOBILE DIGITAL OSCILLOSCOPE

6.2.1.2 STATIONARY DIGITAL OSCILLOSCOPE

6.2.2BY APPLICATION

6.2.2.1 3D SENSING

6.2.2.2 DATA COMMUNICATION

6.2.2.3 IP VIDEO

6.2.2.4 RADAR & ELECTRONIC WARFARE

6.2.2.5 POWER & ENERGY EFFECIENCY

6.2.2.6 OPTICAL SOLUTIONS

6.2.3 BY END – USER

6.2.3.1 AUTOMOTIVE

6.2.3.2 MEDICAL

6.2.3.3 EDUCATION

6.2.3.4 METEOROLOGY

6.2.3.5 ELECTRONICS

6.2.3.6 TELECOM

6.2.3.7 MEDIA

6.2.3.8 AEROSPACE & DEFENSE

6.2.3.9 MANUFACTURING

6.2.4 BY REGION

6.2.4.1 NORTH AMERICA

6.2.4.1.1 US

6.2.4.1.1 CANADA

6.2.4.2 EUROPE

6.2.4.2.1 UK

6.2.4.2.2 GERMANY

6.2.4.2.3 FRANCE

6.2.4.2.4 ITALY

6.2.4.3 APAC

6.2.4.3.1 CHINA

6.2.4.3.2 JAPAN

6.3.4.3.3 INDIA

6.3.4.3.4 SOUTH KOREA

6.2.4.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 TEKTRONIX, INC (U.S.)

7.2.2 KEYSIGHT TECHNOLOGIES (US)

7.2.3 GW INSTEK (TAIWAN)

7.2.4 TELEDYNE LECROY CORPORATION (US)

7.2.5 FLUKE CORPORATION (US)

7.2.6 RHODE & SCHWARZ GMBH (GERMANY)

7.2.7 GAO TEK (CANADA)

7.2.8 RIGOL TECHNOLOGIES (CHINA)

7.2.9 OWON (CHINA)

7.2.10 UNI - TRENDS (CHINA)

7.2.11 HANTEK (CHINA)


LIST OF TABLES


TABLE 1 DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 2 DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 3DIGITAL OSCILLOSCOPE MARKET, BY END – USER

TABLE 4 DIGITAL OSCILLOSCOPE MARKET, BY REGION

TABLE 5 NORTH AMERICA DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 6 NORTH AMERICA DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 7 NORTH AMERICA DIGITAL OSCILLOSCOPE MARKET, BY END - USER

TABLE 8 U.S DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 9 U.S DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 10 U.S DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 11 CANADA DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 12 CANADA DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 13 CANADA DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 14 EUROPE DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 15 EUROPE DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 16 EUROPE DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 17 UK DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 18 UK DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 19 UK DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 20 GERMANY DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 21 GERMANY DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 22 GERMANY DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 23 FRANCE DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 24 FRANCE DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 26 FRANCE DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 27 ITALY DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 28 ITALY DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 29 ITALY DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 30 ASIA-PACIFIC DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 31 ASIA-PACIFIC DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 32 ASIA-PACIFIC DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 33 CHINA DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 34 CHINA DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 35 CHINA DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 36 JAPAN DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 37 JAPAN DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 38 JAPAN DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 39 INDIA DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 40 INDIA DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 41 INDIA DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 42 SOUTH KOREA DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 43 SOUTH KOREA DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 44 SOUTH KOREA DIGITAL OSCILLOSCOPE MARKET, BY END USER

TABLE 45 REST OF THE WORLD DIGITAL OSCILLOSCOPE MARKET, BY TYPE

TABLE 46 REST OF THE WORLD DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION

TABLE 47 REST OF THE WORLD DIGITAL OSCILLOSCOPE MARKET, BY END USER


LIST OF FIGURES


FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 3 DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 4 DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 5 DIGITAL OSCILLOSCOPE MARKET, BY REGION (%)

FIGURE 6 NORTH AMERICA DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 7 NORTH AMERICA DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 8 NORTH AMERICA DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 9 U.S DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 10 U.S DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 11 U.S DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 12 CANADA DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 13 CANADA DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 14 CANADA DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 15 EUROPE DIGITAL OSCILLOSCOPE MARKET BY TYPE (%)

FIGURE 16 EUROPE DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 17 EUROPE DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 18 UK DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 19 UK DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 20 UK DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 21 GERMANY DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 22 GERMANY DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 23 GERMANY DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 24 FRANCE DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 25 FRANCE DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 26 FRANCE DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 27 ITALY DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 28 ITALY DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 29 ITALY DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 30 ASIA-PACIFIC DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 31 ASIA-PACIFIC DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 32 ASIA-PACIFIC DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 33 CHINA DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 34 CHINA DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 35 CHINA DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 36 JAPAN DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 37 JAPAN DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 38 JAPAN DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 39 INDIA DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 40 INDIA DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 41 INDIA DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 42 SOUTH KOREA DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 43 SOUTH KOREA DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 44 SOUTH KOREA DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)

FIGURE 45 REST OF THE WORLD DIGITAL OSCILLOSCOPE MARKET, BY TYPE (%)

FIGURE 46 REST OF THE WORLD DIGITAL OSCILLOSCOPE MARKET, BY APPLICATION (%)

FIGURE 47 REST OF THE WORLD DIGITAL OSCILLOSCOPE MARKET, BY END USER (%)