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Digital Oscilloscope Market is Driven by Technological Advances in IoT and High-speed Electronics; Asserts MRFR Unleashing Insights for 2017 - 2023

Chaitali Mahajan
Digital Oscilloscope Market is Driven by Technological Advances in IoT and High-speed Electronics; Asserts MRFR Unleashing Insights for 2017 - 2023

The Global Digital Oscilloscope Market is picking up gradually, in terms of revenues as well as size. With the ability to convert any form of energy like heat, light, and sound into digital form with high accuracy and precision, digital oscilloscope has long been replacing analog oscilloscope. The market growth primarily attributes to the extensive adoption of digital oscilloscopes in consumer electronics, manufacturing, and precision engineering.

Moreover, user-friendly features of digital oscilloscope escalate the market growth to furthered height. According to Market Research Future (MRFR), the digital oscilloscope market is poised to create a valuation of approximately USD 3.01 BN by 2023, growing at 6.82 % CAGR during the forecasted period (2017 – 2023). Oscilloscopes find applications mostly in the manufacturing sector. Handheld or mobile oscilloscopes are more popular due to the convenience of the mobility they offer.

Global Digital Oscilloscope Market – Competitive Analysis

The digital oscilloscope market appears to be highly competitive, with several well-established forming a competitive landscape. To gain a larger competitive share, players incorporate strategic initiatives such as mergers & acquisitions, collaborations, expansion, and product/technology launch. They make substantial investments to drive their R&D and expansion plans. 

Consumer electronics & component manufacturing companies, along with some other end-users like aerospace & defense, meteorology, and medical & media, hold a larger market share. Players are primarily concentrated in the APAC region and continually innovate to bring about new technologies that can improve visuals, accuracy, and data precision.

 Major Players:

Players active in the digital oscilloscope market are Keysight Technologies (US), GW Instek (Taiwan), Tektronix, Inc (US), Fluke Corporation (US), Rohde & Schwarz GmbH (Germany), Teledyne LeCroy Corporation (US), Rigol technologies (China), OWON (China), GAO Tek (Canada), UNI-Trends (China), and Hantek (China), among others. 

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Digital Oscilloscope Market – Segments

By Type                       : Stationary Digital Oscilloscope and Mobile Digital Oscilloscope.

By Application           : Data Communication, 3D sensing, IP Video, Power & Energy Efficiency, Radar & Electronic Warfare, Optical Solutions, and others.

By End-User    : Medical, Automotive, Education, Electronics, Meteorology, Telecom, Aerospace & Defense, Media, Manufacturing, and others.  

By Regions                  : Europe, North America, Asia Pacific, and the Rest-of-the-World.

Digital Oscilloscope Market – Regional Analysis

The Asia Pacific region dominates the global digital oscilloscope market. The largest market share attributes to augmenting demand for cutting-edge technology solutions to measure the electric voltage. Besides, substantial investments and increasing expenses in the power sector, alongside the wide uptake of accurate oscilloscopes, drive the regional market growth. 

North America stands second in the global digital oscilloscope market. The market growth is driven by the semiconductor companies a large number of technology providers and product manufacturers in the region. Additionally, large technological advances and the rising sales of dual beam oscilloscopes for digital signal processing foster the regional market. 

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FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/digital-oscilloscope-market-4444


  1. Market Introduction
  2. Research Methodology
  3. Market Dynamics
  4. Executive Summary
  5. Market Factor Analysis
  6. Digital oscilloscope Market, By Segments
  7. Competitive Analysis


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Chaitali Mahajan
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