Home > Semiconductor & Electronics > LATAM Digital Storage Oscilloscope Market Size, Growth and Forecast to 2031
Straits Research

Latin America Digital Storage Oscilloscope Market

Latin America Digital Storage Oscilloscope Market: Information by Type (Hardware, Software), Bandwidth (1GHz-16 GHz), End-User (Aerospace and Defense, IT and Telecom), and Region (Brazil, Mexico)—Forecast till 2031

Table of Content Download Sample

Market Overview

The Latin America digital storage oscilloscope market size was valued at USD 17 million in 2021 and is projected to reach USD 35 million by 2031, registering a CAGR of 5.8% during the forecast period (2022-2031).

A digital storage oscilloscope (DSO) is an oscilloscope that stores and analyzes the input signal digitally, as opposed to using analog methods. Due to its sophisticated trigger, storage, display, and measuring capabilities, it is currently the most popular type of oscilloscope. 

The analog input signal is sampled, and the amplitude at each sample time is digitally recorded. A digital storage oscilloscope (DSO) is an electronic device that measures and stores electrical signals. It digitizes and stores the analog signal in its digital memory, simplifying retrieval and analysis.

Latin America is putting a lot of effort into improving the quality of its goods and services. Because mobile internet is becoming more popular, especially in Brazil, Argentina, and Mexico, digital oscilloscopes will likely be the most popular wireless testing tools. Even though almost every country in Latin America has upgraded to the HSPA network, operators are putting a lot of money into improving their wireless skills and allocating more bandwidth.

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 Snapshot

Base Year:
2022
Study Period:
2021-2031
CAGR:
5.8 %
Get more information on this report Download Sample Report

Market Dynamics

Latin America Digital Storage Oscilloscope Market Drivers

Growing Popularity of Mobile Internet

The digital storage oscilloscope (DSO) market in Latin America is being driven in a big way by the rise of the mobile internet. As the number of people who use the internet on their phones grows, there is a high demand for DSOs in the area. DSOs are important tools for testing and fixing electronic devices, which are becoming more common in the mobile internet environment.

The rise of mobile internet has led to new technologies like 5G, which needs high-tech testing tools like DSOs to ensure that gadgets and networks are working properly. The rising popularity of connected devices like smartphones, tablets, and wearables also drives the need for DSOs.

Latin America Digital Storage Oscilloscope Market Restraints

Lack of Expertise

There aren't enough trained technicians in LATAM, which is a big problem for the area's digital storage oscilloscope (DSO) market. This is because not enough money has been put into science, technology, engineering, and math (STEM) education, making it hard for the electronics business to find skilled workers. For example, the number of engineering grads in Brazil has decreased over the past few years, with a 4.4% drop from 2018 to 2019. This trend worries the electronics industry because it takes skilled engineers to create and make high-tech electronics and testing tools like DSOs.

Also, a lack of technical staff can cause delays in the delivery of DSOs and make it harder for makers to help customers after the sale, making customers unhappy.

Latin America Digital Storage Oscilloscope Market Opportunities

Increasing Demand in the Healthcare Industry

In Latin America, the healthcare business quickly adopts digital technologies to improve patient care and make medical processes run more smoothly. DSOs are used in medical imaging equipment, patient monitoring systems, and other medical devices. This gives DSO makers a big chance to make a lot of money. DSO makers also work with healthcare providers to tailor solutions to the healthcare business's needs. For example, Tektronix is working with a major Brazilian medical equipment maker to make a DSO for medical imaging equipment. Also, DSO companies are growing in LATAM to take advantage of the growing healthcare market there. Rohde and Schwarz, for example, just opened a new office in Brazil to grow its business and help its customers in the healthcare field more.

Segmental Analysis

The Latin America 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 4.0% over the forecast period.

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

The 1GHz-16GHz segment dominated the market and is expected to grow at a CAGR of 5.7% 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 7.2% over the forecast period.

Find Regional level market intelligence here !

Regional Analysis

Latin America is still a huge market for electronics and tools that hasn't been fully explored. Signal detectors and frequency analyzers have had to add new features to meet the needs of growing electronics markets. Regulations in the military and aerospace businesses set requirements for signal testing. Companies in the area have a great chance to make accurate digital oscilloscopes for end users because of this.

There is also a chance to make small, compact systems instead of very complicated networks. High-level RF testing can also be done with HF or UHF oscilloscopes to meet the needs of connected and self-driving cars, different IoT devices, flexible instrumentation, and 5G technologies.

Regional Growth Insights Download Free Sample

Top Key Players of Latin America Digital Storage Oscilloscope Market

  1. Keysight Technologies 
  2. Tektronix 
  3. Teledyne Technologies 
  4. Good Will Instrument Co., Ltd.
  5. Yokogawa Test and Measurement Corporation
  6. Rohde and Schwarz

Report Scope

Report Metric Details
CAGR 5.8%
Forecast Period 2023-2031
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered
  1. By Type
    1. Hardware 
    2. Software 
  2.  By Bandwidth 
    1. 1 GHz-16 GHz 
    2. 17GHz - 33 GHz 
    3. Above 34 GHz 
  3.  By End-User 
    1. Aerospace and Defense 
    2. IT and Telecom 
    3. Consumer Electronics 
    4. Manufacturing

Recent Developments

  • April 2023- Keysight added a compact network test solution for automotive and industrial IoT to its Novus portfolio.
  • April 2023- Tektronix and Singapore's Quantum Engineering Programme are advancing quantum technology efforts.
  • 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.

Latin America Digital Storage Oscilloscope Market Segmentation

By Type

  • Hardware 
  • Software 

 By Bandwidth 

  • 1 GHz-16 GHz 
  • 17GHz - 33 GHz 
  • Above 34 GHz 

 By End-User 

  • Aerospace and Defense 
  • IT and Telecom 
  • Consumer Electronics 
  • Manufacturing

By Region

  • Brazil
  • Mexico
  • Rest of Latin America

Frequently Asked Questions (FAQs)

How big is the Latin America digital storage oscilloscope market?
The Latin America digital storage oscilloscope market size was valued at USD 17 million in 2021 and is projected to reach USD 35 million by 2031, registering a CAGR of 5.8% during the forecast period (2022-2031).
Key verticals adopting the Latin America digital storage oscilloscope market include: Keysight Technologies, Tektronix, Teledyne Technologies , Good Will Instrument Co.Ltd., Yokogawa Test and Measurement Corporation, Rohde and Schwarz.
Growing popularity of mobile internet is the key driver for the growth of the Latin America digital storage oscilloscope market.
Increasing demand in the healthcare industry is one of the upcoming key trends in the Latin America digital storage oscilloscope market.
Price Starts From
USD 995

Purchase Benefits

  • Eligible for a free updated report next year
  • Completely customizable scope
  • 30% discount on your next purchase
  • Dedicated account manager
  • Query resolution within 24 hours
  • Permission to print the report
Want to learn more about recent trends and data ?
They Already Trust Us :
Samsung Electronics
Qualcomm
LGE
Need Assistance?
+1 646 905 0080 (U.S.)
+44 203 695 0070 (U.K.)
sales@straitsresearch.com

Report Benefits

  • Develop business strategies by understanding the trends shaping and driving the Market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analysing the company share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track sales in the global and country-specific Market.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
Report Snapshot
Looking For Custom Report ?
Check Our License Options :

As featured on :

clients
Trusted by Fortune 500
Over 30000+ subscribers