Logic Analyzer Market Revenue Analysis, Top Companies, Challenges, Forecast 2024

Posted May 31, 2022 by avinashgogawale14

The Logic Analyzer Market is projected to reach USD 387 million by 2024.
The Logic Analyzer Market is projected to reach USD 387 million by 2024. Rising demand for power-efficient and high-performance electronic devices and increasing investment in electronics R&D are key factors driving the growth of the Logic Analyzer Market.

Key players in this market are focusing on enhancing their product portfolios and increasing their market share through the strategies of product launches and developments, partnerships, collaborations, acquisitions, and expansions. Several market players have adopted product launches and developments as a key business strategy to enhance their position in the Logic Analyzer Market over the past few years. For instance, in November 2018, Rigol Technologies (China) launched MSO5000 series digital oscilloscopes, providing a comprehensive set of advanced analysis tools. The oscilloscope includes logic analyzer, protocol analyzer, spectrum analyzer, waveform generator, digital voltmeter, and counter functionality, all integrated into one system. Apart from the strategy of product launches and developments, leading players of the market have also adopted partnerships and collaborations as the main strategies to expand their businesses. For instance, in October 2018, Rohde & Schwarz and Spirent collaborated for TC8 Automotive Ethernet testing. This enabled Rohde & Schwarz to strengthen its product portfolio and domain expertise.

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Keysight Technologies (US): Founded in 2013 and headquartered in Santa Rosa (US), the company was formed as a result of a spin-off of the electronic measurement business of Agilent Technologies. As of October 2018, Keysight had ~12,900 employees, worldwide. Keysight provides electronic measurement instruments and systems, and related software; software designing tools; and related services for designing, developing, manufacturing, installing, deploying, and operating electronic equipment. The company also offers start-up assistance services, instrument productivity and application services, and instrument calibration and repair services. It operates through 4 business segments – Communications Solutions Group (CSG), Electronic Industrial Solutions Group (EISG), Services Solutions Group (SSG), and Ixia Solutions Group. The company offers logic analyzer products through its Electronic Industrial Solutions Group for a wide set of electronic industrial end markets. Its product portfolio includes U41XX Series modular logic analyzers, 16900 Series modular logic analyzers, 16860 Series portable logic analyzers, and 16800 Series portable logic analyzers.

Fortive (US): Danaher (US) acquired Tektronix in 2007, and in May 2015, it split its group into 2 business units. One of these 2 newly formed companies was focused on the science and technology business, while the other was targeted at test and measurement equipment business. The new science and technology company still continues as a part of Danaher. The second company includes Tektronix, Fluke, and the rest of the test and measurement equipment business of Danaher. In July 2016, Danaher completed the spin-off of Tektronix, which started operating as Fortive. The addition of Tektronix in the business line of Fortive has enabled it to strengthen its logic analyzer product portfolio. Tektronix manufactures and designs test, measurement, and monitoring solutions. Tektronix was originally founded in 1946 and is headquartered in Beaverton, Oregon (US). However, presently, it is a wholly owned business entity of Fortive (US). As of 2017, Fortive had 26,000 employees, worldwide.

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Tektronix primarily manufactures logic analyzers; oscilloscopes; signal generators; power sources and supplies; meters; video test equipment; Keithley switching and data acquisition systems; and Keithley semiconductor test systems. In 65 years and with almost 700 patents, the company has established brand value in the logic analyzer market. Tektronix offers solutions for analog/digital designing and debugging, spectrum management and interference hunting, and radar and electronic warfare applications. Initially, Tektronix offered TLA7000 and TLA6400 modular logic analyzers for microprocessors and memory designs applications. However, now the company offers 5 series MSOs and 6 series MSOs as a replacement for TLA7000 and TLA6400, respectively.

Rohde & Schwarz (Germany): Founded in 1933 and is headquartered in Munich, Germany, it is a privately held company that specializes in the field of electronic test and measurement equipment. Rohde & Schwarz had a workforce of ~11,500 employees as of 2018. Rohde & Schwarz is known for the quality, precision, and innovation of its products, especially those meant for wireless communications. The company is one of the leading manufacturers of logic analyzers used in wireless communications and electromagnetic compatibility (EMC) applications. Some of the logic analyzers of the company are integrated with MSO. Thus, these devices are the type of digital storage oscilloscopes that display and compare both analog and digital signals.

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Last Updated May 31, 2022