The global market for oscilloscope is set to grow at the rate of more than 9% during the forecast period (2016-2022), reports Market Research Future (MRFR). An oscilloscope is a laboratory instrument that displays and analyzes the waveform of electronic signals. In other words, it is used to observe changes in electrical signals during a time frame. Bandwidth, memory depth, digital/analog channels, sampling frequency and signal integrity, are few features of an oscilloscope.
July 2018 – Tektronix Inc. has introduced the 6 Series MSO mixed signal oscilloscope that extends the performance threshold of midrange oscilloscopes to 8 GHz. It also delivers a 25 GS/s sample rate on all 4 channels at the same time, to accommodate the needs of designers working on faster, complex embedded systems designs.
Technological innovations and development lead to product enhancement, augmenting the appeal and subsequently the demand for oscilloscope.
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Drivers and Restraints
Growing connected cars market to augment demand for oscilloscope
Accelerated demand for safety features in automotive vehicles has compelled automotive manufacturers to integrate smart features in vehicles. To cater to this growing demand, manufacturers are offering connectivity solutions in their vehicles that incorporate communication technologies to create an automatic system. With rising consumer demands for automatic systems such as augmented navigation, which includes a new generation of automotive cloud services and many others, the market share of the oscilloscope market is estimated to grow during the review period. Moreover, growing demand for signal storage and self-monitored facilities, increasing intelligence of electronic devices and increasing bandwidth are predicted to fuel the market growth.
Unstable economy across the globe to hamper the market growth
Economic uncertainty has proven to be a major deterrent in the market progression, with issues like recession and inflation challenging the growth of oscilloscope market. On the other hand, oscilloscopes have a profound application in various areas such as differential measurement, bandwidth measurement, time & voltage measurement, and phase & rise time.
IkaLogic has developed a pen-shaped battery-powered wireless oscilloscope, which streams captured signals to almost any WiFi-connected screen. It is called IkaScope WS200 which offers a 30MHz bandwidth with 200Msample/s and +/-40Vpp maximum input. It works on desktop computers as well as on mobile devices like tablets or smartphones.
Asia-Pacific is dominating the Global oscilloscope Market with the largest market share and therefore accounting for astronomical amounts and is expected to grow over its previous growth records by 2022. Asia Pacific is leading the global oscilloscope market due to high adoption of digital oscilloscope in education sector, especially by China & India and therefore is expected to grow with highest revenue by 2022 followed by Europe. The Asia Pacific market has the highest concentration of consumer electronics manufacturers and electronic component manufacturers in the world. The high concentration of manufacturers in the region has resulted in the demand for test and measurement instruments such as oscilloscopes. North America is the second highest region followed by Europe and Middle East & Africa.
The Oscilloscope Market can be segmented into 3 key dynamics for the convenience of the report and enhanced understanding;
By Type : Comprises Analogue, Digital, Cathode ray, handheld, mixed signal, Dual-beam, Sampling, and PC based among other.
By Application: Engineering, Science & Technology, Automotive, Semiconductor, Telecommunications, and Healthcare, among other.
By Regions : North America, Europe, APAC and Rest of the World.
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