An oscilloscope is a type of electronic test instrument that allows observation of constantly varying signal voltages, usually as a two-dimensional plot of one or more signals as a function of time. Non-electrical signals (such as sound or vibration) can be converted to voltages and displayed. Oscilloscopes are used to observe the change of an electrical signal over time, such that voltage and time describe a shape which is continuously graphed against a calibrated scale. The observed waveform can be analyzed for such properties as amplitude, frequency, rise time, time interval, distortion and others. Originally, calculation of these values required manually measuring the waveform against the scales built into the screen of the instrument. Modern digital instruments may calculate and display these properties directly.
According to the new market research report “Oscilloscope - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Oscilloscope market size was estimated at US$ 1495.46 million in the year 2023, is projected to reach a revised size of US$ 2199.04 million by 2030, growing at a CAGR of 5.58%during the forecast period 2024-2030.
- Global Oscilloscope Market Size (US$ Million), 2019, 2023 and 2030
Source: QYResearch, "Oscilloscope - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Market Drivers: In recent years, the rapid growth of terminal vertical industries such as automated manufacturing, intelligent laboratories, new energy vehicles, and consumer electronics in the global market has effectively promoted the rapid development of oscilloscopes.
- Global Oscilloscope, Global Market Size, The Top Five Players Hold 52.73% of Overall Market
Source: QYResearch, "Oscilloscope - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
At present, the major players of Oscilloscope in the world include: Keysight, Tektronix, Teledyne LeCroy, Hantek, Rohde & Schwarz, Yokogawa, GW Instek, RIGOL, SIGLENT, OWON, Uni-Trend and Guangzhou Zhiyuan Electronics, among which Keysight is the world’s largest Oscilloscope manufacturer.
In 2023, the global top five Global Oscilloscope players account for 52.73% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Global Oscilloscope.
In terms of product type, Table-type Oscilloscope is the largest segment, hold a share of 86.64% by market size during 2023, and Hand-held Oscilloscope shared 13.36%.
In terms of consumption, Asia-Pacific is the largest consumer market, with a market share of 70.14% in 2023. It is expected that Asia-Pacific will experience the fastest growth, with a CAGR of approximately 5.71% in the next few years.
About The Authors
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Chen - Senior Analyst |
| Email: Chenglijun@qyresearch.com
Sirui Chen is a senior research analyst who has 7 years’ experience in materials, chemicals and mineral resource. |
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