Oscilloscope Market Size, Share, Opportunities, And Trends By Type (Digital Storage, Digital Phosphor, Mixed Signal, Digital Sampling), By Applications (Consumer Electronics, Automobiles, Industrial, Aviation, Healthcare and Medical, Others), And By Geography - Forecasts From 2025 To 2030
- Published : Nov 2024
- Report Code : KSI061614053
- Pages : 146
Oscilloscope Market is projected to grow at a CAGR of 4.12% between 2025 to 2030.
Oscilloscope refers to the current measuring device. Oscilloscopes are indispensable to electronics engineers and industry for research and development, manufacturing, and monitoring. Overall, oscilloscopes are beneficial for the medical industry in monitoring patients' conditions by tracking their heartbeats. Sound engineers monitor vibrations in engines and computer design to know the processor condition and check its speed and frequency. Automobiles continue to add more electronic features to enhance the driving experience by undertaking experiments research and developments and monitoring its feasibility by the oscilloscope.
Oscilloscope Market Trends:
The demand for the oscilloscope is primarily dependent upon electronics by companies with an eye for details on product design, safety, and density. Research and Development teams in electronics firms specializing in automotive, healthcare, and electronics opening up potential markets within the industry. The scopes being of different categories have different applications, for instance, digital oscilloscope has users in consumer electronics, manufacturing, and precision engineering. The digital oscilloscope technology is a competitor to that of the analog in the same segment as it possesses the ability to provide graphical visualizations of the electric current efficiently.
Oscilloscope Market Segment Analysis:
The Oscilloscope market is segmented based on type as Digital Storage, Digital Phosphor, Mixed Signal, and Digital Sampling, By Capacity as High, Medium, and Low based on current-voltage, By Applications such as Consumer Electronics, Automobiles, Industrial, Aviation, Healthcare, and Medical, Others.
Oscilloscope Market Growth Factors:
- Growth of Electronics in the Healthcare Industry
The growth of the oscilloscopes market is dependent on the medical industry as healthcare workers require oscilloscopes to transform patients' heartbeats to electronic waves format for the easy representation and diagnosis of the patient’s health. The transformation in the medical, fitness, and healthcare space, along with other wearable health monitoring technologies has been revolutionizing the industry. The current healthcare trend has been dynamic and challenging. The devices that once used to be available in hospitals are now available at home for quick monitoring. With these trends, the healthcare electronic industry participants have been involved in innovating the devices.
For instance, in January 2020 at the start of the pandemic, Omron Healthcare rolled out its Heart Guide wearable to monitor blood pressure using oscillometer technology. The wearable has been recognized by the FDA as a medical-grade wearable. The wearable supports the mobile application Omron Connect 2.0 for pairing with the monitor. Similarly, the other device is named Med Wand, which is a hand-held device that has multiple diagnostics tools for evaluating the heart, lungs, blood oxygen, nose, throat, and others. The device is capable of both home, clinic, and hospital applications. The oscilloscopes are also used in breath analyzers such as Aidar Health’s Mouth Lab. which is an amped-up breath analyzer. Companies have advanced oscilloscopes such as Add Care Ltd.’s Glutrac, which is also a wearable having non-invasive blood glucose technology, the device is competent to check for absorption, spectroscopy, electrocardiography, photoelectric plethysmography, and dynamic metabolic heat monitoring. Also, In August 2020, Tektronix developed a new digital storage oscilloscope that is economical in terms of money and enhanced features. The use of oscilloscopes as a primary device to show results in healthcare electronics is expected to increase the demand in the long term.
- Growth of Electronics in the Automobile Industry
As the automobile industry gets modernized, the demand for advanced tools and equipment for checking performance increases. Since the oscilloscopes are being used extensively for performance checks the demand for the same increases. There are many advancements in the automotive oscillometer industry. For instance, in August 2020, Yokogawa launched an advanced mixed-signal oscilloscope. The company has focused on power-semiconductor technology, mechatronics, power electronics, and automotive for ascertaining its utility and applications. In September 2020, OWON leading oscilloscope manufacturer in China launched its digital oscilloscope used for automobile maintenance and after-sale services. There are oscilloscope products in the market such as Siglent’s handheld device, Sain Smart digital oscilloscopes, All-Sun 3 in one, Autel Maxim’s Diagnostic tool, and many others primarily focused on checking the performance of the automobile. Companies such as Pico Technology have manufactured all-vehicle, all-terrain oscilloscopic technology-driven kits for diagnosing power and drive systems of electric vehicles. In November 2020, The Pico launched the Oscilloscope 4425A kit which enables retail and industrial users to perform diagnostics on different types of electric vehicle components such as DC power system or AC motor/generator drive system, charging behavior, and current distribution of 12V/HV batteries, communications between the charging system and the vehicle, three-phase current measurements to check the balance of windings under load, 12V and 48V systems. Such technological advancements in the field of automobile oscilloscope make it an indispensable part of the automobile engineering industry.
Oscilloscope Market Regional Analysis:
Emerging economies such as India, China, Japan, South Korea, and Taiwan are vital contributors to the oscilloscope machinery market as the growth is attributed to the electronic industry with a large production of oscilloscopes at competitive prices across the Asia-Pacific region. The developed nations act as the major importers of oscilloscopes as they offer favorable prices for quality machines. The big automobile, healthcare, and electronic giants conglomerate outsources and procures the oscilloscopes by making a direct investment in the production facility in the Asia-Pacific region. North American nations such as the United States, and Canada have a demand for the Oscilloscope attributed to the heavy investments in research and development.
Oscilloscope Market Segmentation
- By Type
- Digital Storage
- Digital Phosphor
- Mixed Signal
- Digital Sampling
- By Applications
- Consumer Electronics
- Automobiles
- Industrial
- Aviation
- Healthcare and Medical
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- Spain
- United Kingdom
- Italy
- France
- Others
- Middle East and Africa
- UAE
- South Africa
- Others
- Asia Pacific
- China
- Japan
- Australia
- India
- Others
- North America
Updated on: Jan 12, 2025
Frequently Asked Questions (FAQs)
Agilent Technologies Inc
Tektronix Inc.
Fluke Corp
BK Precision
Digimess Instruments
Rohde & Schwarz GmbH & CoKG
Texas Instruments Incorporated
Hantek
Keysight Technologies
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