Asia-Pacific 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 Country(China, Korea, Japan, India, Australia, Taiwan, South East Asia, Rest of Asia-Pacific) Forecasts, 2023-2031

Market Overview

The Asia-Pacific digital storage oscilloscope market size was valued at USD 325 million in 2021 and is projected to reach a value of USD 673 million by 2031, registering a CAGR of 6.2% during the forecast period 2022-2031.

The digital storage oscilloscopes convert the waveforms generated from analog forms to digital signals and store them. The oscilloscopes store the generated data using their available storage capacities. The ability to record digital signals into digital storage oscilloscopes has made them immensely popular recently.

The use of digital oscilloscopes by educational institutions in the region is rising due to the rapidly growing significance of digital storage oscilloscopes in professional education systems in developing nations like China and India. On the other hand, a significant obstacle to the market expansion for digital storage oscilloscopes is simultaneously recording the appropriate cycles of both rapid and slow signals.

Highlights

• Hardware dominates the market by type.
• 1GHz-16 GHz dominates the market based on bandwidth
• The consumer electronics segment dominates the market by end-user.

Market Dynamics

Asia-Pacific Digital Storage Oscilloscope Market Drivers

Growing IT and Telecommunication Industry

The telecommunications industry is prospering due to increased R&D in the industry. Certified Threat Intelligence Analysts (CTIA) administered the annual industry survey for the wireless industry in 2021. In 2017, mobile networks conveyed 42 quadrillion megabytes of wireless data traffic, a 207% increase from 2016.

Specific applications for telecommunications discovered communications signals. Most consumer and commercial products now include them. Almost all major electronic devices, including fax machines, telephones, and computers, are networked, and everyone has a wireless communications device, such as a cell phone. Experts anticipate that the telecommunications industry will adopt 5G as the industry standard, ushering in a new era of connectivity, speed, and possibilities. Mobile networks will enhance their speed by a factor of 100 and capacity by 1,000. With the development of 5G technology, few companies are launching their 5G services in urban areas. The addition of these communication services will drive the oscilloscope market because the telecom industry uses oscilloscopes to test communication signals. Bharti Airtel will launch 5G services by the end of this month and will cover 5,000 cities and municipalities by March 2024. For instance, the scheduled launch date is August 2022. This will fuel the oscilloscope market.

Asia-Pacific Digital Storage Oscilloscope Market Restraints

Technical Challenge

A crucial requirement for many applications, including those in the telecommunications, automotive, and aerospace sectors, is the simultaneous capture of fast and slow signals. Digital storage oscilloscopes, for instance, are used in the telecommunications sector to measure signals with a wide range of frequencies, from a few kilohertz to several gigahertz. Oscilloscopes are used in this field to accurately measure the lower-frequency components of signals while simultaneously capturing the high-frequency components of a signal. Similarly, digital storage oscilloscopes are employed in the automotive sector to evaluate the functionality of several electronic systems, such as engine control modules, airbag systems, and anti-lock brake systems. Oscilloscopes in this field are required to record fast and slow signals to assess these systems' functioning accurately.

But it can be difficult to capture quick and slow impulses simultaneously. While slow signals need longer capture durations to assure accuracy, fast signals need higher sample rates to obtain the required information. Digital storage oscilloscopes are faced with a hurdle because of this.

Asia-Pacific Digital Storage Oscilloscope Market Opportunities

Stable Industry Verticals

The region is expanding significantly in several economic sectors, including telecommunications, automotive, aerospace, healthcare, and consumer electronics. This expansion is anticipated to provide many opportunities for industry participants in the digital storage oscilloscope market. For instance, in the telecommunications sector, the market for digital storage oscilloscopes is expanding due to the rising demand for network infrastructure and high-speed data transfer. The increased use of advanced driver assistance systems (ADAS) and electric vehicles in the automobile industry is driving demand for more advanced testing and measurement equipment, such as digital storage oscilloscopes.

Regional Analysis

Asia-Pacific has the quickest market growth rate due to Japan's and South Korea's rapidly rising telecommunications sectors. The use of DSOs is fueled by the presence of several semiconductor devices and product makers in these nations. Additionally predicted to boost demand for RF test gear are the emergence of LTE subscriptions and 5G initiatives, especially oscilloscopes. A 5 GHz band is needed to adopt the 802.11ac wireless networking standard to enable high-speed WLANs for end users. The 802.11ac technology's high bandwidth requirements are also expected to support industry expansion.

Using oscilloscopes as laboratory tools for examining the waveform of electronic signals is also quite popular in Asia's healthcare and educational institutions. Additionally, it is projected that firms in the aircraft business will benefit significantly from Asia-Pacific. This results from RF technology's ongoing developments in civil aviation communications. UHF DSO use will increase for testing marine VHF radio communications in ocean-bound zones of various Eastern and South-Eastern Asian countries.

Segmental Analysis

The Asia-Pacific digital storage oscilloscope market is segmented based on type, bandwidth, and end-user.

The type segment is further segmented into Hardware, Software.

The Hardware segment dominated the market and is expected to register a CAGR of 4.5% over the forecast period.

The bandwidth segment can be bifurcated into 1GHz-16 GHz, 17GHz-33GHz, and Above 34GHz. 

The 1GHz-16GHz segment dominated the market and is expected to grow at a CAGR of 6.1% during the forecast period.

Based on end-user, the market is sub-segmented into Aerospace and Defense, IT and Telecom, Consumer Electronics, and Manufacturing.

Consumer Electronics is expected to dominate the market, registering the highest CAGR of 7.6% over the forecast period.

Recent Developments

• April 2023- GW Instek launched the new GPP-3650 Triple-Channel Programmable DC Power Supply.
• February 2023- Yokogawa Test and Measurement released the 720245 CAN FD/LIN Monitor Module for ScopeCorder.