According to the new market research report "Logic Analyzer Market by Type (Modular Logic Analyzers, PC-Based Logic Analyzers), Channel Count (2-32, 32-80, >80), Vertical (Electronics & Semiconductor, Automotive & Transportation, Aerospace & Defense), and Geography - Global Forecast to 2024", The logic analyzer market is projected to be woth USD 387 million by 2024. The increasing demand for testing of power-efficient and high-performance portable electronic devices to avoid distortion of the its output signals, which could affect the performance of the entire systems, and increasing investment by players in electronics R&D to remain competitive in the market are factors driving the growth of the global logic analyzer market.
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Key Market Players
Keysight Technologies (US), Fortive (US), Rohde & Schwarz (Germany), National Instruments (US), Yokogawa Electric (Japan), Teledyne (US), Advantest Corporation (Japan), ARM Limited (UK), GAO Tek (Canada), Rigol Technologies (China), Saleae, Inc (US), Good Will Instrument Co., Ltd. (Taiwan), Zeroplus Technology Co., Ltd (Taiwan), Qingdao Hantek Electronic Co., Ltd. (China), NCI Logic Analyzers (US), Scientech Technologies Pvt. Ltd. (India), OWON Technology (China), IKALOGIC (France), Red Pitaya (Europe), and GSAS Micro Systems Pvt Ltd. (India) are leading companies operating in the logic analyzer market.
Keysight Technologies (US) is a spin-off of Agilent Technologies; it is one of the key players in the logic analyzer market and among the leaders in the field of wireless communications. The company has expertise in engineering different types of products and offering various services. It mainly focuses on manufacturing innovative products by carrying out extensive R&D activities to maintain its position in the market. In 2018, the company invested 15.65% of its total revenue in R&D activities.
Keysight develops different types of measurement devices. Its 13 R&D centers work toward bringing innovations in its products, which helps it meet the ever-changing requirements of its customers. For instance, in July 2018, the company launched Infiniium UXR series of oscilloscopes with industry-leading signal integrity. The company has a diversified geographic presence and generates revenue of ~36% from the US, 27% from China and Japan, and 37% from RoW. The R&D facilities and manufacturing sites of the company are located in California and Colorado in the US. It also has these facilities in China, Germany, India, Japan, Malaysia, Singapore, and Spain.
Fortive (US) designs and manufactures test, measurement, and monitoring solutions. R&D, manufacturing, sales, distribution, service, and administrative facilities of Fortive are located in over 40 countries across North America, APAC, Europe, and Latin America. The company has adopted the strategy of product launches and developments to strengthen its position in the test and measurement equipment market. For instance, its 6 Series MSO unveiled in July 2018 delivers industry-leading vertical resolutions for fast and highly spontaneous operations.
Rohde & Schwarz (Germany) develops, produces, and markets a wide range of electronic testing equipment, including logic analyzers, oscilloscopes, and spectrum analyzers, for various industries, infrastructure operators, and government customers. It has a presence in over 70 countries with strong sales and distribution networks around the globe. The company has the technical expertise and high brand value in the test and measurement equipment and mixed-signal oscilloscope (MSO) ecosystem. It has adopted strategies of product launch and developments, and collaborations to enhance its position in the logic analyzer market. In 2017, Rohde & Schwarz America and DA-Integrated collaborated with an aim to develop an on-wafer RFIC production test system for RF and millimeter-wave devices. In October 2018, Rohde & Schwarz and Spirent announced their collaboration for TC8 Automotive Ethernet testing. In February 2019, Rohde & Schwarz developed 16-bit HD mode standard for its R&S RTE, R&S RTO, and R&S RTP oscilloscopes.
Electronics & semiconductor to account for largest share of logic analyzer market by 2019
The electronics & semiconductor sector is expected to lead the logic analyzer market by 2019. Logic analyzer manufacturers have numerous opportunities in the electronics & semiconductor vertical, on the back of the staggering size of the market for TV sets, video games, computers, smart metering, and cell phones. At the same time, electronics manufacturing is a highly competitive industry with challenging standards for reliability and performance; this drives the growth of the market for this vertical.
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Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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