Home > > Semiconductor And Electronics > > Digital Oscilloscope Market to Reach USD 2,379.39 Million by 2032
ID : CBI_1274 | Updated on : | Author : Amit Sati | Category : Semiconductor And Electronics
Digital Oscilloscope Market size is estimated to reach over USD 2,379.39 Million by 2032 from a value of USD 1,567.04 Million in 2024 and is projected to grow by USD 1,623.11 Million in 2025, growing at a CAGR of 4.9% from 2025 to 2032.
A digital oscilloscope is an electronic instrument that measures and displays electrical signals, converting them into a digital format for storage and analysis. It works by sampling the input signal, converting it to digital data, and then displaying this data on a screen. Key benefits include signal storage, advanced triggering, mathematical analysis, multiple channels, high resolution and accuracy, and zoom/pan capabilities. These oscilloscopes store captured waveforms for later analysis, unlike analog oscilloscopes. They offer superior resolution and accuracy due to high-speed Analog-to-Digital Converters (ADCs) and greater bit depth.
Digital storage oscilloscope (DSO) combined with automation offers significant benefits in productivity, accuracy, and cost savings. Automation streamlines repetitive tasks, allowing faster data acquisition, analysis, and reporting. This leads to increased efficiency, reduced errors, and more productive and cost-effective workflows. Automation handles repetitive tasks, freeing up engineers and technicians to focus on more complex analysis and problem-solving, leading to higher output and faster turnaround times. Automated testing sequences minimize human error, ensuring more reliable and consistent results. By reducing manual effort and minimizing errors, automation can lead to significant cost reductions in testing and analysis.
Thus, the aforementioned factors are boosting the adoption of oscilloscopes, in turn driving the digital oscilloscope market growth.
Digital oscilloscopes are expensive to purchase initially and their operation and maintenance also incur high costs. These costs arise from the complex components, high-end features, and the need for specialized expertise for maintenance. Oscilloscopes contain expensive components such as transistors, tubes, and capacitors, which can drive up repair costs. Maintenance often requires skilled technicians, which leads to high hourly rates. Additionally, significant upgrades or required calibration are costly, potentially adding to the overall expense.
Thus, the market analysis shows that the aforementioned factors are restraining the digital oscilloscope market demand.
The increasing adoption of wireless devices, particularly in areas like IoT (Internet of Things), is significantly impacting the digital oscilloscope market. Digital oscilloscopes are crucial for testing and debugging these wireless devices, as they generate electrical signals that need to be analyzed. The rising number of wireless devices is expected to drive more prospects for digital oscilloscope sales and advancements in their capabilities. Digital oscilloscopes are used to visualize and analyze these electrical signals, enabling engineers to identify issues within the device or its components.
Thus, the ongoing advancements in wireless devices are projected to drive digital oscilloscope market opportunities during the forecast period.
Based on the type, the market is segmented into digital storage oscilloscopes (DSO), digital phosphor oscilloscopes (DPO), mixed signal oscilloscopes (MSO), and digital sampling oscilloscopes.
Trends in the Type:
The digital storage oscilloscopes (DSO) segment accounted for the largest revenue share of 34.50% in the market in 2024.
The digital phosphor oscilloscopes (DPO) segment is expected to register the fastest CAGR during the forecast period.
Based on the product type, the market is segmented into benchtop and handheld.
Trends in the Product Type:
The benchtop segment accounted for the largest revenue share in the digital oscilloscope market share in 2024.
The handheld segment is expected to register the fastest CAGR during the forecast period.
Based on the end use, the market is segmented into automotive, telecommunication, consumer electronics, aerospace & defense, healthcare, and others.
Trends in the End Use:
The telecommunication segment accounted for the largest revenue share in the digital oscilloscope market share in 2024.
The consumer electronics segment is expected to register the fastest CAGR during the forecast period.
The regions covered are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Asia Pacific region was valued at USD 418.01 Million in 2024. Moreover, it is projected to grow by USD 435.57 Million in 2025 and reach over USD 680.50 Million by 2032. Out of this, China accounted for the maximum revenue share of 32.50%. The digital oscilloscope market analysis depicts that the market growth in the region is driven due to rapid industrialization, increasing demand for advanced electronics, and the expansion of 5G and IoT technologies. Key trends include rising adoption in emerging economies, increased demand for portable and user-friendly devices, and technological advancements in digital signal processing.
North America is estimated to reach over USD 866.10 Million by 2032 from a value of USD 571.84 Million in 2024 and is projected to grow by USD 592.18 Million in 2025. The market is primarily driven by factors including the increasing adoption of wireless communication systems, advancements in automotive technology, and the presence of key players in the region.
In Europe, the market is growing due to technological advancements, increasing demand, and regulatory support, in turn boosting the digital oscilloscope market expansion. The digital oscilloscope market analysis in the Middle East, Africa, and Latin America, market is driven by rising factors including industrial growth, technological advancements, industrial diversification, and the specific needs of various sectors including healthcare, consumer electronics, and others.
The digital oscilloscope industry is highly competitive with major players providing solutions to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the global digital oscilloscope market. Key players in the digital oscilloscope industry include -
Report Attributes | Report Details |
Study Timeline | 2017-2031 |
Market Size in 2031 | USD 2,379.39 Million |
CAGR (2023-2031) | 4.90% |
By Type | Digital storage oscilloscopes (DSO), Digital phosphor oscilloscopes (DPO), Mixed signal oscilloscopes (MSO), and Digital sampling oscilloscopes |
By Product Type | Benchtop Digital Oscilloscope and Handheld Digital Oscilloscope |
By End Use | Automotive, Telecommunication, Consumer Electronics, Aerospace & Defense, Healthcare, and Others |
By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Key Players | OWON Technology Inc., Good Will Instrument Co., Ltd., Fluke Corporation, Siglent Technologies, Keysight Technologies, Rohde & Schwarz GmbH & Co KG, Pico Technologies, Yokogawa Electric Corporation, General Polytronic Systems Ltd., Tektronix Inc., Teledyne LeCroy, Olimex, B&K Precision, Agilent Technologies Inc. |
Digital Oscilloscope Market size is estimated to reach over USD 2,379.39 Million by 2032 from a value of USD 1,567.04 Million in 2024 and is projected to grow by USD 1,623.11 Million in 2025, growing at a CAGR of 4.9% from 2025 to 2032.
The segments covered in the report are type, product type, end use, and region.
North America holds the largest revenue share in the digital oscilloscope market in 2024.
The major key players in the market are OWON Technology Inc. (China), Good Will Instrument Co., Ltd. (Taiwan), Fluke Corporation (USA), Tektronix Inc. (USA), Teledyne LeCroy (USA), Olimex (Bulgaria), B&K Precision (USA), Agilent Technologies Inc. (USA), Siglent Technologies (China), and Keysight Technologies (USA).