Oscilloscope Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Oscilloscope Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A4511
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Oscilloscope Market Overview:

The global oscilloscope market size reached US$ 2.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.

Oscilloscopes are electronic test instruments that graphically display varying signal voltages and monitor their change over time with sensors. They are used to design, manufacture, and repair electronic equipment. They are also utilized for advanced analysis, digital debugging of intermittent signals, communication mask testing, and repetitive digital design and timing applications. Their digital variants with modern liquid crystal display (LCD) are nowadays widely available, which enable detailed signal measurement, fast calculations, data storage, and automated analysis. At present, manufacturers are developing handheld instruments that are battery-powered, rely on electrically isolated floating inputs and offer the advantage of embedded features.

Global Oscilloscope Market

Oscilloscope Market Trends:

Healthcare professionals use oscilloscopes for diagnostic approaches, such as monitoring the patients’ heartbeat and brain waves. This, in confluence with the rising prevalence of acute and chronic disorders and improving diagnostic modalities, represents one of the key factors contributing to market growth. Apart from this, the growing emphasis on driver safety and the increasing preference for a comfortable and safe riding experience are positively influencing the adoption of connected motorcycles for advanced assistance features. This, in turn, is increasing the utilization of oscilloscopes in the automotive industry as they help troubleshoot inconsistencies and potential problems in the communication data stream, ignition system, solenoids, sensors, and actuators. Moreover, rising cybersecurity concerns are expanding the application of oscilloscopes in the aerospace and defense industries to achieve fast and accurate measurements. They can also perform regular and consistent validation and determine whether a malfunctioning instrument is distorting a vital signal. Furthermore, the escalating demand for consumer electronics is also contributing to their overall sales to measure waveforms in devices like computers, radio, and television.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global oscilloscope market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, bandwidth, probe type and end user.

Breakup by Type:

  • Analog
  • Digital
  • PC based
     

Breakup by Bandwidth:

  • Less than 1Gz
  • 1.1Gz to 8Gz
  • 8.1Gz to 32Gz
  • Others
     

Breakup by Probe Type:

  • Active Oscilloscope Probe
  • Passive Oscilloscope Probe
  • Current Probes
     

Breakup by End User:

  • Consumer Electronics
  • Aerospace and Defense
  • Automotive
  • IT and Telecommunication
  • Healthcare
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being B&K Precision Corporation, Fluke Corporation (Fortive Corporation), Good Will Instrument Co. Ltd., Keysight Technologies, National Instruments Corporation, Pico Technology Limited, Rigol Technologies Co. Ltd., Rohde & Schwarz GmbH & Co KG, Scientech Technologies Pvt. Ltd., Teledyne LeCroy Inc. (Teledyne Technologies Incorporated) and Yokogawa Electric Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Type, Bandwidth, Probe Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered B&K Precision Corporation, Fluke Corporation (Fortive Corporation), Good Will Instrument Co. Ltd., Keysight Technologies, National Instruments Corporation, Pico Technology Limited, Rigol Technologies Co. Ltd., Rohde & Schwarz GmbH & Co KG, Scientech Technologies Pvt. Ltd., Teledyne LeCroy Inc. (Teledyne Technologies Incorporated) and Yokogawa Electric Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global oscilloscope market was valued at US$ 2.2 Billion in 2022.

We expect the global oscilloscope market to exhibit a CAGR of 4.7% during 2023-2028.

The rising cybersecurity concerns, along with the growing application of oscilloscopes across the aerospace and defense industry to achieve fast and accurate measurement, are primarily driving the global oscilloscope market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for oscilloscopes.

Based on the type, the global oscilloscope market can be segmented into analog, digital, and PC based. Currently, digital holds the majority of the total market share.

Based on the probe type, the global oscilloscope market has been divided into active oscilloscope probe, passive oscilloscope probe, and current probes. Among these, passive oscilloscope probe currently exhibits a clear dominance in the market.

Based on the end user, the global oscilloscope market can be bifurcated into consumer electronics, aerospace and defense, automotive, IT and telecommunication, healthcare, and others. Currently, aerospace and defense accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global oscilloscope market include B&K Precision Corporation, Fluke Corporation (Fortive Corporation), Good Will Instrument Co. Ltd., Keysight Technologies, National Instruments Corporation, Pico Technology Limited, Rigol Technologies Co. Ltd., Rohde & Schwarz GmbH & Co KG, Scientech Technologies Pvt. Ltd., Teledyne LeCroy Inc. (Teledyne Technologies Incorporated), and Yokogawa Electric Corporation.

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Oscilloscope Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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