Market Revenue Digital Oscilloscope Market Report Analysis | Page 2

Over the forecast period. Analog based oscilloscopes were primarily made up of cathode ray tubes
which consumed space making the device look bulky.
Digital based coupled with LCD display make them portable and handy. They provide better
operational features including advanced trigger and measurement. Such attractive features coupled
with significant cost reduction are expected to drive global market growth in the future. Substitute’s
availability is expected to hamper the overall industry demand in the coming years. Analog devices
have been widely used for years and therefore customers are more comfortable using them.
Such factor is expected to restrain the global industry growth. There has been significant development
in developing new products for measuring electrical signals. These technological advancements are
expected to outdate digital oscilloscopes over the forecast period. PC based oscillometer has shown
its presence in the global market although they do not offer much threat owing to their low
popularity. These digital devices find major applications in electronic device manufacturing. South
East Asia is a lucrative market on account of high concentration of chip making and electronic device
manufacturing.
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The devices are vastly used in power grid, broadcasting industry and automotive testing. They also
find applications in movie making Imagineering and robotic design. Oscilloscopes are used to check
the efficiency of DVDs and disk drives. Characteristics of USB, Ethernet and Bluetooth devices are
studied using such oscillometers. Another major application is in the field of research and educational
purposes. New educational institutes developing in emerging economies including India and China
provide good opportunities for growth. The consumer market consists of some hobbyists, which may
purchase low-end segments for personal use.
Global industry is segmented based on their functional ability. These segments include storage and
sampling. Digital storage oscilloscopes (DSO) are vastly used in industrial applications. Instead of using
cathode ray tubes, DSO has used digital memory to store data without any degradation. Sampling
oscilloscopes have applications where a high frequency repetitive signal whose frequency is higher
than the oscilloscope’s sampling rate is to be studied. Asia Pacific dominated the global market in
terms of demand and revenue and is expected to continue its dominance over the forecast period on
account of developing manufacturing sector.