The global oscilloscope market is expected to grow at a CAGR of close to 6 percent during the period 2017-2021 – driven by Internet of Things (IoT), according to Technavio.
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Fortive, Keysight Technologies, Teledyne LeCroy and Rohde & Schwarz are the key companies in the oscilloscope market.
“Oscilloscopes are used by test engineers as a diagnostic device to analyze the behavior of electrical signals. The demand for oscilloscopes is expected to increase year-on-year during the forecast period with the growth of Internet of Things,” said Navin Rajendra, lead analyst at Technavio for semiconductor equipment research.
Test engineers in telecom field can use the digital oscilloscopes’ storing facility to store disrupted or unexpected electric signals for future reference. Test engineers can also capture unwanted incidents even in the absence of technicians.
Digital oscilloscopes’ automated incident capturing facility enables technicians and test engineers to gain a better understanding of the erroneous characteristics of the components and signals being monitored.
Technavio said that the growing demand for higher bandwidth applications due to the introduction of digital technologies in consumer electronic devices is driving the demand for digital oscilloscopes supporting higher bandwidth applications.
Test engineers face challenges because of digital oscilloscopes’ limitations including display screen refresh rate. Test engineers cannot capture the distortion in the tested signals if the signal frequency is higher than the screen’s refreshing rate.
The PC-based oscilloscope market is expected to grow at a CAGR of more than 6 percent during the forecast period. The demand for this oscilloscope is increasing because it is cost-effective compared to digital oscilloscopes.
Test and measurement engineers can use PC-based oscilloscope’s mobility feature to convert its computing devices into an oscilloscope by connecting an external plug-in PC-card-based measurement product VXI or PXI form-factor-based modules to PC or laptop. PC-based oscilloscopes can support higher bandwidth applications and increased sample rates.
Test engineers can utilize Analog oscilloscopes to see distortion notwithstanding the frequency. They use analog oscilloscope to assess trigger rate by observing the steadiness of the cathode ray tube (CRT) traced with eyes. The analog oscilloscopes cater to low bandwidth applications, particularly in educational institutes.