North America Digital Storage Oscilloscope Market Size & Outlook, 2025-2033

North America Digital Storage Oscilloscope Market Size

The North America digital storage oscilloscope market size was valued at USD 1.03 billion in 2024 and is projected to grow from USD 1.08 billion in 2025 to reach USD 1.51 billion by 2033, exhibiting a CAGR of 4.3% during the forecast period (2025-2033). 

A digital oscilloscope is an electronic test tool used to measure and visualize the waveform of an electrical signal. It specifically measures the voltage amplitude over time. Due to their quick response times, digital storage oscilloscopes may record very fast signals or pulses that are challenging for other instruments to replicate precisely.

Throughout the projection period, it is predicted that North America's increasing digital storage oscilloscope application markets will generate new growth prospects for this sector. Digital storage oscilloscopes are used to measure voltage and frequency. Oscilloscopes have many uses in the automotive industry because they are used in driverless cars. Additionally, because of their expanding application in the medical sector, oscilloscope demand is anticipated to rise in the North American region. In the military and defense industries, oscilloscopes are unique because they can identify faulty or damaged equipment.

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North America Digital Storage Oscilloscope Market Growth Factors

Rapid Growth in the Semiconductor and Electronics Industry

The digital storage oscilloscope (DSO) market in North America has been significantly impacted by the region's rapidly expanding semiconductor and electronics sector. The growing demand for semiconductors and electronics drives the demand for high-quality testing equipment, and DSOs are crucial instruments for testing and evaluating electrical devices and circuits. Adopting new technologies like IoT and 5G and developing advanced electronics for automotive and aerospace applications are all contributing factors to the growth of the semiconductor and electronics industry. Other driving forces include the rising demand for electronic devices in both the consumer and industrial sectors.

The requirement for dependable and high-performance testing equipment is crucial as electronic devices become more complex and sophisticated. DSOs are perfect for this task because they provide cutting-edge measuring features like quick sampling rates, large bandwidths, and substantial memory, thus, driving the market's growth in the region.

Market Restraint

Highly Competitive Market

It is difficult for businesses to maintain their market share and profitability in the DSO industry due to the fierce rivalry between incumbent firms and new entrants. The increased demand for sophisticated testing and measurement tools, technical improvements, and the entry of new competitors are some of the reasons fueling competition in the DSO market. While new entrants bring lower-priced products to win market share, established firms continually invent and release new products to remain competitive. The market is also significantly constrained by the high cost of DSOs. DSOs are sophisticated and intricate electrical devices that call for cutting-edge technology and exact production. They are, therefore, more expensive, which restricts their use in various sectors and uses, especially those with limited resources.

Market Opportunity

Investment in Research and Development

The market is constantly changing, and there is an increasing need for testing and measurement equipment that is increasingly sophisticated and cutting-edge. Companies that invest in R&D can create novel, cutting-edge products that satisfy these expectations. By expanding the Bandwidth, memory depth, and sample rates, businesses can enhance the usefulness and performance of their DSOs. This could create more precise and trustworthy testing tools that efficiently analyze intricate electronic circuits and systems. For instance, Tektronix, a major player in the DSO industry, has made significant R&D investments to create cutting-edge technologies. The business introduced its brand-new 6 Series B Mixed Signal Oscilloscope in 2020. It is intended to suit the needs of engineers working on demanding projects. 

The 6 Series B DSO provides deep memory of up to 250 Mpts and high Bandwidth of up to 10 GHz. It also includes sophisticated analysis capabilities for evaluating sophisticated electronic circuits and systems, including power, jitter, and serial bus analyses. 

Regional Insights

The North American DSO market is split into the United States and Canada. The United States has a CAGR of 4.4%, and Canada has a CAGR of 3.8%. The United States has most of the market share because it has the most key players and because demand for high-tech testing and measuring tools is growing in many industries. For example, the company released its Infiniium MXR-Series mixed-signal oscilloscopes in 2021. These oscilloscopes have a high sample rate of up to 160 GSa/s and a bandwidth of up to 10 GHz. The MXR-Series oscilloscopes are made for engineers who work on digital and mixed-signal designs at high speeds. Canada has a big part of the North American DSO market but is smaller than the US. But the Canadian DSO market is projected to grow quickly over the next few years because more industries, like telecommunications and electronics, are using DSOs. For example, DSOs are used to test and analyze the performance of communication systems and networks in the telecommunications business. Canada's demand for DSOs is likely driven by the growing use of 5G networks.

Type Segment Insight

The North 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 2.6% over the forecast period.

Bandwidth Segment Insight

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 4.2% during the forecast period.

End-User Insight

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 5.7% over the forecast period.

List of key players in North America Digital Storage Oscilloscope Market

1. Fluke Corporation
2. Keysight Technologies 
3. Tektronix 
4. Teledyne Technologies 

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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.