Oscilloscope market may reach $1.25b
The world oscilloscopes market is projected to inch up to US$1.25 billion by 2010 and US$1.47 billion by 2015.
Sales of oscilloscopes in Asia–Pacific are forecast to reach 55.61 thousand units by 2012.
Today, the market responds to the varied testing needs of a wide range of end-use industries, ranging from the technology-driven telecommunications industry to the rather staid motor vehicle industry.
Stern and increasingly rigorous quality, safety and environmental standards worldwide for manufacturing, maintenance and use of material and equipment are driving the current oscilloscopes market.
An important sign of the relative maturity of the oscilloscopes market is the increasing price–performance ratio of the testing tools. The market is now mature for pricing pressures, and corporate endurance centres on the ability to provide improved product functionalities at reduced costs and prices.
With the exception of new, state-of-the-art instruments, manufacturers find it virtually impossible to maintain a high price structure.
In terms of unit sales, the digital oscilloscopes market is projected to grow 2.69% in Latin America from 2011 to 2015. The analog oscilloscopes market in Europe is forecast to reach $37.89 million by 2012.
Oscilloscopes: A Global Strategic Business Report, published by Global Industry Analysts, provides product profile, mergers and acquisitions, recent developments, profiles of major players and other strategic industry activities.
Analysis is presented for major geographic markets such as US, Canada, Japan, Europe, Asia–Pacific, Latin America and rest of world.
Analysis for the period 1991 to 2015 is provided in terms of product segments including digital, analog and PC-based oscilloscopes.
End-use industries independently analysed include communications, electronics, defence, industrial electronics and motor vehicle and other industries.
For more details about this research report, visit http://www.strategyr.com/Oscilloscopes_Market_Report.asp.
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