- The key vendors in the Global Digital Oscilloscope Market are Agilent Technologies Inc., Danaher Corp. (Tektronix Inc., Fluke Corp., Keithley Instruments Inc.) and Teledyne LeCroy Inc.
London, 26 August 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Digital Oscilloscope Market 2014-2018. Integration of advanced features in digital oscilloscopes, particularly for industry-specific applications is one of the major trends emerging in this market. The Global Digital Oscilloscope market is expected to grow at a CAGR of 5.85 percent during the period 2013-2018.
An oscilloscope is a type of testing and measuring equipment used to monitor voltage or current passed to or passed from an electronic component or device. Digital oscilloscopes have allowed vendors in the Electronics industry to design high-precision components and devices. The Global Digital Oscilloscope market is expected to witness an increase in its growth rate during the forecast period because of the demand from communication device and consumer electronics manufacturers. The increase in demand for digital oscilloscopes from educational institutes, as well as firms operating in the electronics domain, will also contribute to the increased revenue of the market.
“Currently, innovating new products on a continual basis, has become mandatory for manufacturers to maintain a competitive advantage and sustain in the market,” says Faisal Ghaus, Vice President of TechNavio Research.
“Companies engaged in the production of innovative products are turning their focus toward high-end digital oscilloscopes.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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