The most recent market research study projects that the Logic Analyzer Market will be valued USD 387 million by 2024.

The market is divided into several sorts, such as PC-Based Logic Analyzers and Modular Logic Analyzers. Segmentation of the channel count spans from 2-32, 32-80, and more than 80 channels. Among the verticals propelling the market's expansion are Aerospace & Defence, Automotive & Transportation, and Electronics & Semiconductor. The aforementioned projection is indicative of the growing need for sophisticated logic analyzers in various industries. PC-based and modular solutions are essential in fulfilling the changing requirements of electronic testing and debugging. The market has the potential to grow significantly, according to the report, thanks to expanding applications in important areas and technical advancements.

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The growing need for testing portable electronic devices that are both high-performing and power-efficient is propelling the expansion of the worldwide logic analyzer market. The demand for advanced logic analyzers is being driven by the requirement for precise analysis and the avoidance of distortion in output signals, which could affect overall system performance. Significant expenditures made in electronics research and development by industry participants also contribute to the growth of the market. With an emphasis on the significance of cutting-edge technology and sophisticated testing solutions to satisfy changing customer expectations, this strategic investment aims to sustain competitiveness in the market.

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Modular logic analyzers led logic analyzer market in 2019.

With the biggest market share, modular logic analyzers became the dominating category in the logic analyzer market in 2019. The broad use of test instruments, especially modular logic analyzers, in the functional and parametric validation of high-speed digital systems, such as memory systems operating at up to 4 Gbps, is responsible for the segment's notable rise. A chassis and a number of modules, such as channel modules, are the standard components of these analyzers; the quantity of modules increases with larger channel counts. Modular logic analyzers are quite popular in the market because of major players like Keysight Technologies, Fortive, National Instruments, and Teledyne LeCroy.

Electronics & semiconductor to account for largest share of logic analyzer market by 2019

By 2019, the logic analyzer market is expected to be led by the electronics and semiconductor industry. The electronics and semiconductor vertical presents a plethora of prospects for logic analyzer manufacturers, considering the sizeable market for items like TVs, video games, laptops, smart metres, and smartphones. The fierce competition in the electronics manufacturing sector is well-known, and it is marked by exacting criteria for performance and dependability. These elements support the market's strong expansion for logic analyzers in the electronics and semiconductor industry.

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North America to account for largest share of logic analyzer market by 2019

By 2019, North America is expected to command the largest share of the logic analyzer market, with increasing growth anticipated over the course of the projection. The noteworthy existence of prominent industrial giants such as Keysight Technologies, Fortive, and National Instruments in the region is the reason for their importance. The fact that North America is a centre for automobile businesses further stimulates the market. The region's demand for logic analyzers is expected to rise as a result of ongoing technological improvements in the automotive and transportation sectors, which will also support the expansion of the North American logic analyzer market as a whole.

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 among the major companies operating in the logic analyzer market.

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