Global Digital Oscilloscope Market growing at a CAGR of 4.90% from 2023 to 2031
Category : Semiconductor And Electronics | Published Date : Sep 2023 | Type : Press Release
Key Market Overview
The Global Digital Oscilloscope Market was valued at USD 1,483.04 Million in 2022 and is expected to grow by USD 1,517.27 Million in 2023 to register a compound annual growth rate of 4.90% to reach USD 2,224.58 Million in 2031.
The report highlights the growing demand of oscilloscope from electronics industry for varied applications. Consegic Business Intelligence provides an inclusive research report on the digital oscilloscope market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
Global Digital Oscilloscope Market By Overview
The report analyses significant segments such as type, product type, end use, and region to identify emerging trends and potential opportunities. The end use segment is expected to grow due to rising adoption of 5G network connectivity across the globe. Moreover, the telecommunication segment is projected to drive the market growth for digital oscilloscope due to demand for troubleshoot problems in electronics circuits in addition to other functions including measuring of frequency, amplitude.
Get Free SampleMarket Dynamics
Driver:
- Rising demand for automation is driving the market growth for digital oscilloscope
- Growing demand of oscilloscope from electronics industry for varied applications
Restraints:
- High cost of operation and maintenance is restraining the market growth
Market Segmentation:
| Report Attributes | Report Details |
| By Type | Digital storage oscilloscopes (DSO), Digital phosphor oscilloscopes (DPO), Mixed signal oscilloscopes (MSO), and Digital sampling oscilloscopes |
| By Product Type | Benchtop Digital Oscilloscope and Handheld Digital Oscilloscope |
| By End Use | Automotive, Telecommunication, Consumer Electronics, Aerospace & Defense, Healthcare, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The global Digital Oscilloscope market is highly competitive due to the presence of major players such as OWON Technology Inc., Good Will Instrument Co., Ltd., Fluke Corporation, and others operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in digital oscilloscope market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.
- OWON Technology Inc.
- Good Will Instrument Co., Ltd.
- Fluke Corporation
- Siglent Technologies
- Keysight Technologies
- Rohde & Schwarz GmbH & Co KG
- Pico Technologies
- Yokogawa Electric Corporation
- General Polytronic Systems Ltd.
- Tektronix Inc.
- Teledyne LeCroy
- Olimex
- B&K Precision
- Agilent Technologies Inc.
