DUBLIN--(BUSINESS WIRE)--The "Oscilloscopes - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Oscilloscopes market worldwide is projected to grow by US$883.9 Million, driven by a compounded growth of 7.7%.
Device & Probe, one of the segments analyzed and sized in this study, displays the potential to grow at over 7.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.3 Billion by the year 2025, Device & Probe will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 6.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$30.6 Million to the region's size and clout in the next 5 to 6 years. Over US$26.7 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Device & Probe will reach a market size of US$67 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 11.3% over the next couple of years and add approximately US$243.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Fluke Corporation
- Keysight Technologies, Inc.
- National Instruments Corporation
- Pico Technology Ltd.
- Rigol Technologies Inc.
- Rohde & Schwarz GmbH & Co. KG
- Tektronix, Inc.
- Teledyne LeCroy
- Texas Instruments, Inc.
- Yokogawa Electric Corporation
As the market recovers poise in the upcoming years, focus of the developed countries which has moved forward, from issues of security, towards economic and technology excellence will continue, leading to the creation of a $1.47 billion market by the year 2015. Sales of oscilloscopes in Asia-Pacific are forecast to reach 55.61 thousand units by the year 2012. Today, the market for oscilloscopes responds to the varied testing needs of a wide range of end-use industries, ranging from the sophisticated technology-driven telecommunications industry to the rather staid automotive industry. Stern and increasingly rigorous quality, safety and environmental standards worldwide, for manufacturing, maintenance, and use of material and equipment, drive the current oscilloscopes market. An important sign of the relative maturity of the oscilloscopes market is the increasing price-performance ratio of the testing tools. The market is now mature for pricing pressures, and corporate endurance centers upon the ability to provide improved product functionalities at reduced costs and prices. With the exception of new, innovative and state-of-the-art oscilloscopes, manufacturers find it virtually impossible to maintain a high price structure. In terms of unit sales, Digital Oscilloscopes Market is projected to grow at a CAGR of 2.69% in Latin America over the period 2011 through 2015. Analog Oscilloscopes Market in Europe is forecast to reach $37.89 million by the year 2012, as stated in a recent report published by Global Industry Analysts, Inc.
As competition intensifies, its sweating times for players in the global oscilloscopes market, as they fiercely compete to differentiate product offerings, and gain a larger share of the market. Intense competition in the mainstream market is forcing smaller players to identify and specialize in new niche applications. Focus on research and development activities, developing new product applications, streamlining manufacturing operations and modifying marketing and distribution strategies are presently the vital strategies towards increasing profitability and market share.
Major players operating in the industry include Agilent Technologies, Allison Technology Corporation, Amplicon Liveline Limited, B&K Precision Corporation, Elan Digital Systems Ltd., Elenco Electronics Inc., ETC S.R.O., EZ Digital Co. Ltd., Fluke Corporation, Geotest-Marvin Test Systems, Inc., Global Specialties, Good Will Instrument Co. Ltd., Hameg Instruments GmbH, Iwatsu Test Instruments Corporation, Kikusui Electronics Corporation, LDS Test and Measurement LLC, Leader Instruments Corp., LeCroy Corporation, Link Instruments, Inc., Metrix Electronics Limited, National Instruments Corporation, Pico Technology, Protek Test and Measurement, Syscomp Electronic Design Limited, Team Solutions, Inc., Teklab OY, Tektronix, Inc., Tenma Test Equipment, Test Products International, Inc., Thurlby Thandar Instruments Ltd., Texio Corporation, Tiepie Engineering, Yokogawa Electric Corporation and ZTEC Instruments, Inc.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Oscilloscopes Competitor Market Share Scenario Worldwide (in %): 2019 & 2028
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- US Oscilloscopes Market Share (in %) by Company: 2019 & 2025
- Market Facts & Figures
- European Oscilloscopes Market: Competitor Market Share Scenario (in %) for 2019 & 2025
REST OF EUROPE
REST OF ASIA-PACIFIC
REST OF LATIN AMERICA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/130fk5