MCP-1809: OSCILLOSCOPES – A GLOBAL STRATEGIC BUSINESS REPORT

Global Oscilloscopes Market to Reach $1.25 Billion by 2010, According to a New Report by Global Industry Analysts, Inc.

The world oscilloscopes market has successfully prevailed over the toughest business challenge, posed by the stinging fall in demand from traditional end-user segments, namely, the military and defense. Presently, in sync with the prevailing economic climate in the United States and in the world economy, sales of oscilloscopes in the world market is projected to inch up to $1.25 billion by the year 2010.

San Jose, California (PRWEB), April 23, 2008 -- As the market recovers poise in the upcoming years, focus of the developed countries which has moved forward, from issues of security, towards economic and technology excellence will continue, leading to the creation of a $1.47 billion market by the year 2015. Sales of oscilloscopes in Asia-Pacific are forecast to reach 55.61 thousand units by the year 2012. Today, the market for oscilloscopes responds to the varied testing needs of a wide range of end-use industries, ranging from the sophisticated technology-driven telecommunications industry to the rather staid automotive industry. Stern and increasingly rigorous quality, safety and environmental standards worldwide, for manufacturing, maintenance, and use of material and equipment, drive 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 centers upon the ability to provide improved product functionalities at reduced costs and prices. With the exception of new, innovative and state-of-the-art oscilloscopes, manufacturers find it virtually impossible to maintain a high price structure. In terms of unit sales, Digital Oscilloscopes Market is projected to grow at a CAGR of 2.69% in Latin America over the period 2011 through 2015. Analog Oscilloscopes Market in Europe is forecast to reach $37.89 million by the year 2012, as stated in a recent report published by Global Industry Analysts, Inc.

As competition intensifies, its sweating times for players in the global oscilloscopes market, as they fiercely compete to differentiate product offerings, and gain a larger share of the market. Intense competition in the mainstream market is forcing smaller players to identify and specialize in new niche applications. Focus on research and development activities, developing new product applications, streamlining manufacturing operations and modifying marketing and distribution strategies are presently the vital strategies towards increasing profitability and market share.

Major players operating in the industry include Agilent Technologies, Allison Technology Corporation, Amplicon Liveline Limited, B&K Precision Corporation, Elan Digital Systems Ltd., Elenco Electronics Inc., ETC S.R.O., EZ Digital Co. Ltd., Fluke Corporation, Geotest-Marvin Test Systems, Inc., Global Specialties, Good Will Instrument Co. Ltd., Hameg Instruments GmbH, Iwatsu Test Instruments Corporation, Kikusui Electronics Corporation, LDS Test and Measurement LLC, Leader Instruments Corp., LeCroy Corporation, Link Instruments, Inc., Metrix Electronics Limited, National Instruments Corporation, Pico Technology, Protek Test and Measurement, Syscomp Electronic Design Limited, Team Solutions, Inc., Teklab OY, Tektronix, Inc., Tenma Test Equipment, Test Products International, Inc., Thurlby Thandar Instruments Ltd., Texio Corporation, Tiepie Engineering, Yokogawa Electric Corporation and ZTEC Instruments, Inc.

“Oscilloscopes: A Global Strategic Business Report”, published by Global Industry Analysts, Inc., 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. Analytics for the period 1991 through 2015 are provided in terms of product segments including Digital Oscilloscopes, Analog Oscilloscopes and PC-Based Oscilloscopes. End use industries independently analyzed include Communications Industry, Electronics Industry, Defense Industry, Industrial Electronics & Automotive Industry and Other Industries.

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