Market Revenue Digital Oscilloscope Market Report Analysis | Page 3

Significant growth in research especially in the field of electronics and chip making has resulted in
increasing regional demand of portable digital oscilloscopes. Asia Pacific demand was followed by
North America and Europe and is expected to show a steady growth mainly on account of developed
research programs. Lack of electronic goods manufacturing activities is expected to hamper the
overall demand in South America and Africa over the forecast period. Product innovation has been
the key to success to increase the market share growth of many players in past few years.
Key players include, National Instruments, Teledyne LeCroy Inc. and Danaher Corp. Other vendors are
Rohde &Schwarz, GmbH& Co, Agilent Technologies Inc Keithley Instruments Inc, Tektronix,GW Instek,
Yokogawa Electric, ZTEC Instruments, RIGOL Technologies and Fluke Corp. Manufacturers look
forward to produce diverse products and provide complete electronic solutions to their customers.
GW Instek has a product line, which consists devices DC power supplies, Digital meters, LCR meters
and signal sources. Product diversification helps in reduction of cost on account of usage of existing
manufacturing equipment as well as established sales channel.
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This industry is highly capital intensive where most of the processes are automated and machine
made. Significant investment initiatives are expected by major players for further product
development and research. Companies need to focus on after sales service for smooth functioning of
the devices. This can be achieved by ease of availability of spare parts and presence of skilled
technician in the market. IEEE instrumentation and measurement society is a professional body,
which organizes and publishes innovation and developments occurring in the field of electronic
instruments. Digital oscilloscopes have given rise to many software applications, which can be used
to view the output on PC’s or tablets. Manufacturers should look forward to reduce cost through
economies of scale and continuous innovation.
Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption,
revenue (million USD), market share and growth rate of Digital Oscilloscope in these regions, from
2012 to 2022 (forecast), covering
• North America
• Europe