The oscilloscopes market is expected to witness significant growth over the forecast period, which can be attributed to the technological advancements ensuring the storage of higher number of signals in the oscilloscopes.
Oscilloscopes have profound use in areas including differential measurement, bandwidth measurement, time & voltage measurement, and phase & rise time. Product reliability, capability, and product efficiency in signals’ storage are some of the key factors expected to drive the oscilloscopes market growth. Limited screen display is expected to hamper market growth owing to inability to measure signals from multiple sources. Life sciences and consumer electronics are expected to be key opportunity areas for market growth over the next six years.
The market can be segmented on the basis of product and end-use. Products can be categorized as Cathode Ray Oscilloscopes (CRO), traditional oscilloscope, dual beam oscilloscope, Digital Storage Oscilloscope (DSO), software defined oscilloscope and analog storage oscilloscope. Key end use verticals served by the market include engineering, telecommunications, science, and medicine.
The Asia Pacific regional market is expected to witness high growth over the forecast period owing to increased electronic manufacturing which generates a high demand for oscilloscopes for testing purposes.
Leading manufacturers have emphasized on portability for increasing measurement convenience. For instance, in April 2014, Agilent Technologies introduced two high performance portable oscilloscope series, namely Infiniium S-series and InfiniiVision 6000 X-Series for measurement of signals belonging to different bandwidths. Other prominent players in the oscilloscopes market include Danaher Corporation, Rohde & Schwarz, Yokogawa Electric, ZTEC Instruments, Fluke Corporation, Teledyne LeCroy Inc., Agilent Technologies Inc., and GW Instek.
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