Oscilloscope Probes Market Share, Growth, Opportunities 2030

Segments - Global Oscilloscope Probes Market By Type (Passive Oscilloscope Probes, Active Oscilloscope Probe), By Application (Electronic Industry, Scientific Research, Millitary Application, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Asia) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 - 2027

Author : Debadatta Patel

Fact-checked by : PARTHA PAUL

Editor : Shruti Bhat

Report Description

The global oscilloscope probes market size was valued at USD 406.7 Million in 2019 and is projected to reach USD XX7.6 Million by 2027, expanding at a CAGR of 4.6% during the forecast period 2020 - 2027. The market is driven by factors such as rapid increase in self-monitored facilities, rise in focus toward product design, growth in the demand for electronic data storage, and rapid growth of the automotive manufacturing sector.

Emphasis on product design in the semiconductor industry and the electronics industry is a key factor driving the demand for oscilloscope probes. However, lack of expertise in selection and handling of the probes and highly competitive market are key restraints of this market. Growing R&D investments and increasing connectivity and convergence are boosting the market. This market is propelled by increasing electronic device knowledge and rise in connectivity and user interface improvements and modular instrumentation.

Global Oscilloscope Probe Market Outlook

Oscilloscope Probe Market Trends, Drivers, Restraints, and Opportunities

The passive oscilloscope probes segment accounts for a major share of the market and the active oscilloscope probes segment is anticipated to expand at a high CAGR during the forecast period.
The passive oscilloscope probes segment holds a major share of the market due to its increasing demand from various industries and it is the most preferred probe compared to others. The growing demand for electronic devices and their maintenance are also factors responsible for market growth.
A passive oscilloscope probe is a safe option for general-purpose testing and troubleshooting, while an active probe provides better precise insights into measuring fast signals for high-frequency applications. Currently, many active probes have an numerous specification for measuring bandwidth in the market.
Oscilloscope probes are an important addition to any oscilloscope but compared between passive probes and active probes, there is no clear-cut option because it depends on the intended use.

Scope of Oscilloscope Probes Market Report

The report on the global Oscilloscope Probes Market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes	Details
Report Title	Oscilloscope Probes Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2019
Historic Data	2016 – 2018
Forecast Period	2020 – 2027
Segmentation	Type (Passive Oscilloscope Probes, Active Oscilloscope Probes), Application (Electronic Industry, Scientific Reaserch, Millitary Application, Others)
Regional Scope	Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
Report Coverage	Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
Key Players Covered in the Report	Fluke Corporation, Teledyne LeCroy, B&K Precision, Digilent Inc., Test Products International Inc., Amprobe, TEKTRONIX, INC., Pico Technology, TESTEC Elektronik GmbH, Pintek, Electronics Co., Ltd., Rohde & Schwarz, Yokogawa Electric Corporation

Oscilloscope Probes Market Segment Insights

On the basis of types, the oscilloscope probes market is segmented into passive oscilloscope probes, active oscilloscope probes, and others. The passive oscilloscope probes segment is estimated to hold 68.9% share of the market in 2020 due to its increasing demand from various industries. The active oscilloscope probes segment is anticipated to expand at a CAGR of 5.2% during the forecast period owing to its superior accuracy in fast signal measurement for high frequency applications.

Based on applications, the oscilloscope probes market is classified as electronics industry, scientific research, military applications, and others. The electrical industry segment is projected to constitute 64.1% share of the market in 2027, as electronic technicians need oscilloscopes and their samples to design and produce electronic devices such as computers, televisions, telephones and many other sustainable consumer devices. The scientific research and military applications segment is anticipated to expand at significant pace due to increasing use of oscilloscope probes in these sectors during the forecast period.

In terms of regions, the market has been fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is a promising region for the market. The region constituted 55.8% share of the market in 2020. The market in the region is projected to expand at a CAGR of 4.8% during the forecast period.

The demand for oscilloscope probes is expected to rise due to the rapid growth in the consumption of electronic devices and consumer durables in the region. The market in North America is projected to expand at a CAGR of 4.5% due to the increasing investments in R&D and recent advances in the automotive industry during the forecast period.

Segments

Type

Passive Oscilloscope Probes
Active Oscilloscope Probe

Application

Electronic Industry
Scientific Research
Millitary Application
Others

Region

North America
Europe
Asia Pacific
Latin America
Middle East & Asia

Key Players

Fluke Corporation
Teledyne LeCroy
B&K Precision
Digilent Inc.
Test Products International Inc.
Amprobe
TEKTRONIX, INC.
Pico Technology
TESTEC Elektronik GmbH
Pintek Electronics Co., Ltd.
Rohde & Schwarz
Yokogawa Electric Corporation

Competitive Landscape

Key players in the market include Fluke Corporation, Teledyne LeCroy, B&K Precision, Digilent Inc., Test Products International Inc., Amprobe, TEKTRONIX, INC. , Pico Technology, TESTEC Elektronik GmbH, Pintek, Electronics Co., Ltd., Rohde & Schwarz, Yokogawa Electric Corporation. These companies are considered as key manufacturers of oscilloscope probes based on their revenue, research & development (R&D) activities, regional presence, and supply chain management system.

Global Oscilloscope Probe Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oscilloscope Probes Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Oscilloscope Probes Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Oscilloscope Probes Market - Supply Chain
  4.5. Global Oscilloscope Probes Market Forecast
     4.5.1. Oscilloscope Probes Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Oscilloscope Probes Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Oscilloscope Probes Market Absolute $ Opportunity
5. Global Oscilloscope Probes Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Oscilloscope Probes Market Size and Volume Forecast by Types
     5.3.1. Passive Oscilloscope Probes
     5.3.2. Active Oscilloscope Probe
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Oscilloscope Probes Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Oscilloscope Probes Market Size and Volume Forecast by Applications
     6.3.1. Electronic Industry
     6.3.2. Scientific Research
     6.3.3. Millitary Application
     6.3.4. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Oscilloscope Probes Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Oscilloscope Probes Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Oscilloscope Probes Demand Share Forecast, 2019-2026
8. North America Oscilloscope Probes Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Oscilloscope Probes Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Oscilloscope Probes Market Size and Volume Forecast by Types
     8.4.1. Passive Oscilloscope Probes
     8.4.2. Active Oscilloscope Probe
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Oscilloscope Probes Market Size and Volume Forecast by Applications
     8.7.1. Electronic Industry
     8.7.2. Scientific Research
     8.7.3. Millitary Application
     8.7.4. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Oscilloscope Probes Demand Share Forecast, 2019-2026
9. Latin America Oscilloscope Probes Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Oscilloscope Probes Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Oscilloscope Probes Market Size and Volume Forecast by Types
     9.4.1. Passive Oscilloscope Probes
     9.4.2. Active Oscilloscope Probe
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Oscilloscope Probes Market Size and Volume Forecast by Applications
     9.7.1. Electronic Industry
     9.7.2. Scientific Research
     9.7.3. Millitary Application
     9.7.4. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Oscilloscope Probes Demand Share Forecast, 2019-2026
10. Europe Oscilloscope Probes Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Oscilloscope Probes Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Oscilloscope Probes Market Size and Volume Forecast by Types
     10.4.1. Passive Oscilloscope Probes
     10.4.2. Active Oscilloscope Probe
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Oscilloscope Probes Market Size and Volume Forecast by Applications
     10.7.1. Electronic Industry
     10.7.2. Scientific Research
     10.7.3. Millitary Application
     10.7.4. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Oscilloscope Probes Demand Share Forecast, 2019-2026
11. Asia Pacific Oscilloscope Probes Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Oscilloscope Probes Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Oscilloscope Probes Market Size and Volume Forecast by Types
     11.4.1. Passive Oscilloscope Probes
     11.4.2. Active Oscilloscope Probe
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Oscilloscope Probes Market Size and Volume Forecast by Applications
     11.7.1. Electronic Industry
     11.7.2. Scientific Research
     11.7.3. Millitary Application
     11.7.4. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Oscilloscope Probes Demand Share Forecast, 2019-2026
12. Middle East & Africa Oscilloscope Probes Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Oscilloscope Probes Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Oscilloscope Probes Market Size and Volume Forecast by Types
     12.4.1. Passive Oscilloscope Probes
     12.4.2. Active Oscilloscope Probe
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Oscilloscope Probes Market Size and Volume Forecast by Applications
     12.7.1. Electronic Industry
     12.7.2. Scientific Research
     12.7.3. Millitary Application
     12.7.4. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Oscilloscope Probes Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Oscilloscope Probes Market: Market Share Analysis
  13.2. Oscilloscope Probes Distributors and Customers
  13.3. Oscilloscope Probes Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Fluke Corporation
     13.4.2. Teledyne LeCroy
     13.4.3. B&K Precision
     13.4.4. Digilent Inc.
     13.4.5. Test Products International Inc.
     13.4.6. Amprobe
     13.4.7. TEKTRONIX, INC.
     13.4.8. Pico Technology
     13.4.9. TESTEC Elektronik GmbH
     13.4.10. Pintek Electronics Co., Ltd.