United Kingdom 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 Forecasts, 2023-2031

Market Overview

The United Kingdom digital storage oscilloscope market was valued at USD 24 million in 2021 and is projected to reach USD 46 million by 2031, registering a CAGR of 5.1% during the forecast period (2022-2031).

A digital storage oscilloscope (DSO) saves and analyzes the signal coming in digitally instead of using analog methods. It is now the most popular type of oscilloscope because it usually has an advanced trigger, storage, display, and measuring features. 

The analog signal from the input is sampled, and the amplitude is stored digitally at each sample time. A digital storage oscilloscope (DSO) is a piece of electronic equipment that can measure and record electrical data. It turns the analog signal into a digital signal and saves it in its digital memory, making it easy to find and analyze.

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

The United Kingdom Digital Storage Oscilloscope Market Drivers

Rising Telecommunication Industry

With the rollout of 5G networks and the growing need for high-speed data transmission, telecom companies need improved testing and measurement tools to ensure their networks are reliable and work well.

In the U.K., for example, the telecom company EE has been putting a lot of money into 5G network infrastructure, like installing 5G antennas and updating their current network infrastructure. This means the network needs to be tested and measured with high-tech tools like digital storage oscilloscopes to ensure it works at its best.

In addition to the telecommunications industry, the United Kingdom digital storage oscilloscope market is driven by the growing demand for electronics and semiconductors in other industries, such as automobiles, aerospace, and healthcare. These businesses need high-tech testing and measuring tools to ensure their products are reliable and meet the standards. Digital storage oscilloscopes are one of the most important tools for testing and fixing electrical circuits to ensure they work well enough.

The United Kingdom Digital Storage Oscilloscope Market Restraints

Lack of Expertise

Digital storage oscilloscopes are complicated tools that can only be used well by people who know how to use them. Many people who could use the equipment may not have the right skills or experience to do it right. People who want to use digital storage oscilloscopes but don't know much about them may also find it hard to choose the right tools for their needs. This can make people make bad decisions about what to buy, leading to equipment that doesn't meet the user's needs or is hard to use.

The United Kingdom Digital Storage Oscilloscope Market Opportunities

Customization and Personalization

As businesses become more specialized and need more custom solutions, they need digital storage oscilloscopes that can be changed to fit their needs.

For example, in the automotive business, digital storage oscilloscopes can be changed to test and diagnose specific vehicle systems, such as electronic control units (ECUs) or advanced driver assistance systems (ADAS). This lets car engineers do more thorough and accurate testing, improving car speed and safety. Customization and personalization are also possible in the U.K. in research and development. For example, digital storage oscilloscopes can be changed to meet unique research needs. This can include choices for customized software and hardware, specialized probes, and other features that can make test results more accurate and reliable.

There are also chances for companies that make digital storage oscilloscopes to give customized solutions to each user. For example, having customized interfaces or software that is easy to use can improve the user experience and make it easier for users to do their testing and measuring tasks.

Regional Analysis

The United Kingdom digital storage oscilloscope market can be looked at by area, with England, Scotland, Wales, and Northern Ireland being the most important. Each area's unique characteristics and market forces can affect the demand for digital storage oscilloscopes. The Office of Communications (Ofcom) says that the UK's telecoms industry has grown significantly in recent years, with a total income of £41.7 billion in 2019. This growth will likely continue over the next few years, thanks to the rollout of 5G networks and the growing need for high-speed data transfer. DSOs are crucial for checking and measuring how well telecommunications networks work to ensure they meet the standards.

Segmental Analysis

The United Kingdom 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 3.3% 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 5.0% 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 6.5% over the forecast period.

Recent Developments

• April 2023- Rohde and Schwarz demonstrated increased power and agility in video workflows.
• 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.