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Demand for Oscilloscopes Driven by Growth of Automotive Electronics and Aerospace End-user Markets - New analysis from Frost & Sullivan, World Oscilloscopes Markets, reveals that the market earned revenues of $1.16 billion in 2005 and estimates this to reach $1.69 billion in 2012
Demand for Oscilloscopes Driven by Growth of Automotive Electronics and Aerospace End-user Markets

 

NewswireToday - /newswire/ - Palo Alto, CA, United States, 2007/08/01 - New analysis from Frost & Sullivan, World Oscilloscopes Markets, reveals that the market earned revenues of $1.16 billion in 2005 and estimates this to reach $1.69 billion in 2012.

   
 
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Recently, oscilloscopes have become one of the most integral parts of research, design, manufacturing, installation, and maintenance processes. While the military, defense, and aerospace end-user segments have always contributed greatly to the revenues of digital oscilloscope vendors, the automotive and industrial sectors also play an important role in pioneering the technology and driving growth in the oscilloscopes market.

New analysis from Frost & Sullivan (test.frost.com), World Oscilloscopes Markets, reveals that the market earned revenues of $1.16 billion in 2005 and estimates this to reach $1.69 billion in 2012.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the World Oscilloscopes Markets, then send an email to Sara Villarruel - Corporate Communications at sara.villarruel[.]frost.com with the following information: your full name, company name, title, telephone number, email address, city, state, and country. We will send you the information via email upon receipt of the above information.

“Most countries in Asia Pacific continue to witness growth in terms of construction and infrastructure expansion as a result of economic growth driven by consumer markets,” says Frost & Sullivan Senior Research Analyst Prathima Bommakanti. “Given that China and India represent the two most populated countries in the world, they offer immense growth opportunities in the automotive, telecommunication, and electronic industries.”

Initially, some oscilloscopes customers in the low-end research and educational end-user segments preferred using analog oscilloscopes, due to their lower costs. However, technological advancements and the materials used in digital oscilloscopes have made them comparable in terms of cost to their analog counterparts. Furthermore, since additional features and capabilities can be added to digital oscilloscopes at the same price, the demand for this type of test equipment has grown tremendously.

There exists a trend among market participants to invest heavily in R&D, in an effort to enhance their technological expertise. Successful R&D programs have leveraged the technology and product lines in the market. As a result of these active programs, the availability of innovative products and upgrades represents a significant challenge for customers to choose the product or technology that best suits their needs.

“In the high-resolution digitizer market, which forms the largest segment in the total oscilloscopes market, the need for a higher number of channels in addition to the conventional four has led to several vendors competing to offer a greater number of channels in their oscilloscope offerings,” explains Bommakanti. “As technology improves and the functionality of test equipment increases, end users become accustomed to purchasing test sets with greater capabilities across a range of technologies.”

Both the communications and information technology industries experience high rates of technological change. At present, innovations and new products exceed incoming data rates and as a result, speed of operation represents the mainstay in these industries. Effective testing of these new technologies and related equipment, in the design, manufacturing, installation and maintenance stages becomes crucial to their commercial success. As a result, customers from these industries no longer rely on analog oscilloscopes thus boosting digital oscilloscopes’ revenues.

World Oscilloscopes Markets is part of the Test & Measurement Growth Partnership Service. This program includes research in the following: World General Purpose Test Equipment Markets, World Wireless Communications Test & Measurement Markets, and World Synthetic Instrumentation Markets. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
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Demand for Oscilloscopes Driven by Growth of Automotive Electronics and Aerospace End-user Markets

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Frost & Sullivan |
Publisher Contact: Sara Villarruel 
210.477.8448 sara.villarruel[.]frost.com
 
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