Digital Storage Oscilloscope Market Size, Share & Trends Analysis Report By Component (Hardware, Software), By Type (Mobile Digital Oscilloscope, Stationary Digital Oscilloscope), By Applications (3D Sensing, Data Communication, IP Video, Radar and Electronic Warfare, Power and Energy Efficiency and Optical Solutions), By Bandwidth (1 GHz-16 GHz, 17GHz - 33 GHz, Above 34 GHz), By End-User (Aerospace and Defense, IT and Telecom, Consumer Electronics, Manufacturing, Automotive, Medical, Education, Meteorology, Media, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2024-2032

Market Overview

The global digital storage oscilloscope market was valued at USD 809.55 million in 2023. It is estimated to reach USD 1,451.32 million by 2032, growing at a CAGR of 6.7% during the forecast period (2024–2032). The emergence of 5G has driven the growth of the global digital storage oscilloscope market. This is because there is a greater demand for advanced test and measurement equipment, such as DSOs, to analyze and evaluate signals accurately, perform modulation analysis, and ensure compliance with standards. Moreover, the primary stakeholders in this market are developing innovative and more efficient digital storage oscilloscopes to thrive in the highly competitive market environment, thereby creating opportunities for global market growth.

An electrical instrument called a digital storage oscilloscope is used to view and examine the waveform of electrical signals. Unlike traditional analog oscilloscopes, DSOs digitally capture and store waveform data, allowing for more precise measurements and analysis. A DSO consists of an analog-to-digital converter (ADC) that samples the incoming signal at high frequencies, converting it into digital data. This data is then stored in memory, allowing the oscilloscope to display the waveform on a screen and perform various analyses such as measurements, waveform averaging, and signal processing.

One of the key advantages of DSOs is their ability to capture and hold waveforms for later analysis, enabling users to revisit and analyze signals even after they have occurred. DSOs often offer advanced features such as triggering, automatic measurements, and waveform recording, making them indispensable tools in fields such as electronics, telecommunications, and engineering.

Highlights

• Hardware dominates the component segment
• 1 GHz-16 GHz dominates the bandwidth segment.
• Consumer electronics dominates the end-user segment.
• Asia-Pacific is the highest shareholder in the global market.

Market Dynamics

Global digital storage oscilloscope market drivers

Emergence of 5g technology

The emergence of 5G technology profoundly impacts the digital storage oscilloscope (DSO) market. In 2022, Omdia reported 455 million new global 5G connections. Therefore, these numbers demonstrate a 14 percent surge in quarterly expansion, rising from 924 million in Q3 2022 to 1.07 billion in Q4 2022. Global 5G connections are expected to grow steadily in 2024, reaching over 2.5 billion connections. By the conclusion of 2027, this figure is projected to reach 5.9 billion.

With the global rollout and increasing adoption of 5G networks, there's a heightened demand for advanced test and measurement equipment, including DSOs, for signal characterization, modulation analysis, and compliance testing. 5G's ultra-fast speeds and low latency requirements require precise and high-performance DSOs to evaluate signal quality and ensure network reliability.

DSOs play a critical role in developing, deploying, and optimizing 5G infrastructure, supporting telecommunications companies, equipment manufacturers, and researchers in meeting the stringent performance standards of next-generation wireless networks, thus driving significant growth in the DSO market.

Global digital storage oscilloscope market restraint

High cost of digital storage oscilloscope (dso)

High cost is a significant restraint in the digital storage oscilloscope (DSO) market, impacting manufacturers and end-users. DSOs often entail higher upfront investment than analog oscilloscopes, deterring potential buyers from operating within constrained budgets. The cost encompasses not only the purchase price but also factors such as maintenance, calibration, and software updates, which can contribute to the total cost of ownership.

Moreover, the need for additional accessories or specialized probes further adds to the overall expense. For small businesses, educational institutions, or hobbyists, the affordability of DSOs may be prohibitive, leading them to opt for lower-cost alternatives or delay upgrading their equipment. In order to be competitive in the market, manufacturers must strike a balance between cost-effectiveness and performance and features. This is predicted to hamper market growth.

Global digital storage oscilloscope market opportunities

Launch of novel digital storage oscilloscopes

The key players in this industry are introducing new digital storage oscilloscopes with enhanced features. For instance, in November 2023, Siglent unveiled the SDS7000A digital storage oscilloscope, which comes in two different model configurations. The SDS7404A and SDS7304A models include four analog and 16 digital channels. The SDS7404A has a bandwidth of 4 GHz, while the SDS7304A has a bandwidth of 3 GHz. Both devices feature a maximum sampling rate of 20 Gsamples/s, a hardware vertical resolution of 12 bits, and a waveform capture rate of up to one million wfm/s.

Furthermore, in August 2020, Tektronix, Inc. introduced the TBS1000C Digital Storage Oscilloscope, a budget-friendly option in the company's range of testing and measuring instruments. This new addition expands the TBS1000 series. The TBS1000C series features a 7-inch WVGA color display with a maximum sampling rate of 1 GS/s and bandwidth options ranging from 50 to 200 MHz. This series also incorporates Tektronix's HelpEverywhere® technology, which offers valuable advice and suggestions throughout the user interface, enhancing accessibility for novice users. Thus, these factors present opportunities for market expansion.

Regional Analysis

Asia-pacific dominates the global market

Based on region, the global digital storage oscilloscope market is bifurcated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

Asia-Pacific is the most significant global digital storage oscilloscope market shareholder and is expected to expand substantially during the forecast period. The rapid growth of the telecommunications industry in Japan and South Korea is driving market expansion. These nations host many semiconductor devices and product makers, leading to the widespread use of DSOs. The need for radio frequency test equipment, particularly oscilloscopes, is anticipated to rise due to the increasing number of LTE subscriptions and 5G development projects. For instance, the Chinese government has dedicated a significant amount of USD 400 billion to deploy 5G technology, collaborating closely with manufacturers of 5G equipment and technological solution providers.

Moreover, the market participants' introduction of innovative digital oscilloscopes is projected to generate market growth prospects. For instance, in March 2024, SIGLENT introduced three new lines of oscilloscopes to enhance signal fidelity, visualization, and analysis. The recent additions finalize the range of Siglent oscilloscopes, all outfitted with state-of-the-art 12-bit analog-to-digital converters (ADCs) and specifically engineered for optimal signal quality. Siglent's high-resolution oscilloscopes offer exceptional signal quality across various applications, including power analysis, electromagnetic interference (EMI) testing, frequency analysis, embedded design, and failure analysis. These oscilloscopes have bandwidths that vary from 70 MHz to 4 GHz.

North America is predicted to grow significantly due to the region's rapid adoption of 5G. For instance, by the end of the fourth quarter of 2022, the North American region was projected to possess a cumulative sum of 119 million wireless 5G connections, establishing itself as a leading adopter of this technological advancement. In the past year, the North American market has attained a 5G penetration rate of approximately 32 percent, with the addition of 52 million 5G connections. This signifies a substantial increase of 78 percent compared to the fourth quarter of 2021.

In 2023, North America accounted for nearly 215 million 5G connections, mostly driven by the substantial volume of 5G smartphone deliveries in the United States. Moreover, adopting IoT devices necessitates reliable test and measurement solutions, further boosting DSO sales. Based on Statista's prediction, North America's Internet of Things (IoT) connections are expected to surpass 8 billion by 2030.

Segmental Analysis

The global digital storage oscilloscope market is bifurcated into components, types, applications, bandwidth, and end-user.

Based on components, the global digital storage oscilloscope market is bifurcated into hardware and software. 

The hardware segment dominates the global market. A digital storage oscilloscope (DSO) utilizes hardware components like analog-to-digital converters (ADCs), memory modules, and a display unit. ADCs sample analog signals and convert them into digital data for processing. Memory modules store this digital data, allowing users to capture and analyze waveforms over time. High-speed processors manage data acquisition, triggering, and signal processing tasks. The display unit presents the captured waveforms graphically for analysis. Moreover, advanced DSOs may include hardware such as FPGA chips for real-time signal processing or specialized input modules for specific signal types. Thus, the hardware components in a DSO work together to accurately capture, store, and display electronic signals for analysis and troubleshooting.

Based on type, the global digital storage oscilloscope market is bifurcated into mobile and stationary digital oscilloscopes.

Stationary digital oscilloscopes are electronic instruments used to visualize and analyze electrical signal waveforms. Unlike portable oscilloscopes, stationary ones are designed for fixed laboratory or industrial setups. They typically offer higher performance, larger displays, and more advanced features such as higher bandwidth and sample rates. Stationary oscilloscopes are favored for their stability and accuracy, making them suitable for demanding applications like research, development, and quality control in electronics, telecommunications, and automotive industries. Moreover, they facilitate precise measurements of signal voltage, frequency, and timing characteristics, aiding in troubleshooting and design validation processes. Their stationary nature ensures they remain in a designated workspace for continuous monitoring and analysis.

Based on application, the global digital storage oscilloscope market is bifurcated into 3D sensing, data communication, IP video, radar and electronic warfare, and power and energy efficiency and optical solutions.

Digital Storage Oscilloscopes (DSOs) are invaluable tools in radar and electronic warfare (EW) because they capture and analyze high-frequency signals. In radar, DSOs help assess signal integrity, measure pulse widths, and analyze waveform characteristics critical for target detection and tracking. In EW, DSOs aid in intercepting and analyzing electronic signals, identifying threats, and assessing jamming effectiveness. With their advanced triggering capabilities and deep memory, DSOs enable detailed analysis of complex signals, facilitating rapid decision-making in dynamic operational environments and enhancing situational awareness and mission effectiveness in radar and EW applications.

Based on bandwidth, the global digital storage oscilloscope market is bifurcated into 1 GHz-16 GHz, 17 GHz - 33 GHz, and above 34 GHz. 

The 1 GHz-16 GHz segment owns the highest market share. A digital storage oscilloscope (DSO) with a bandwidth of 1 GHz to 16 GHz can capture and analyze signals ranging from 1 billion to 16 billion cycles per second. This wide bandwidth enables precise measurement of high-frequency signals commonly found in advanced electronic systems, such as telecommunications, radar, and high-speed digital data transmission.

With this capability, the DSO can accurately capture fast-changing waveforms, allowing engineers to troubleshoot and debug complex electronic circuits more accurately and efficiently. Moreover, the high bandwidth ensures minimal distortion and accurate representation of signal characteristics, making it indispensable in high-frequency applications where precision is paramount for successful analysis and development.

Based on end-users, the global digital storage oscilloscope market is divided into aerospace and defense, IT and telecom, consumer electronics, manufacturing, automotive, medical, education, meteorology, media, and others.

The consumer electronics segment dominates the market. Digital Storage Oscilloscopes (DSOs) are utilized in consumer electronics because they capture, analyze, and display electrical signals accurately. They offer benefits such as waveform storage, allowing engineers to analyze transient events and troubleshoot intricate circuits effectively. DSOs aid in consumer electronics product development, testing, and quality assurance, ensuring devices meet performance standards. Their versatility accommodates diverse signal types and enables detailed examination of signal characteristics, facilitating the identification of issues and optimization of designs. Thus, DSOs play a crucial role in enhancing the reliability and functionality of consumer electronic products.

Recent Developments

• February 2024- Quantifi Photonics, a provider of instruments for testing and measuring photonics, introduced the QCA Series High-Speed Communication Analyzer at DesignCon 2024. The QCA Series is a digital sampling oscilloscope specifically developed to provide cost-effective performance. Its purpose is to assist producers of next-generation interconnects in overcoming the significant challenge of scaling production to high volumes by facilitating vital testing.
• January 2024- Micsig has unveiled the MHO3 Series, its latest digital storage oscilloscope. This 5th-generation device boasts a bandwidth of up to 500MHz, a sampling rate of 3GSa/s, 4 analog channels, and a memory depth of 360Mpts. The MHO series oscilloscopes employ a 12-bit high-resolution ADC with 4096 quantization levels, which is 16 times greater than that of conventional 8-bit oscilloscopes.