- According to the market research(*) proposed by MarketsandMarkets, the global market for logic analyzers is expected to reach US$387 million by 2024.
(*) “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”.
Modular logic analyzers will represent the largest share of the logic analyzer market in 2019. The growth in this segment can be attributed to the wide acceptance of modular instrumentation for functional and parametric validation applications of memory and other high-speed digital systems operating at up to 4 Gbps. By combining several modules in a chassis, it is possible to have a multi-channel logic analyzer.
The electronics and semiconductor markets will represent the largest share of the logic analyzer market in 2019. The integration of digital buses in vehicles should also increase the demand for this type of instrument in the automotive and transport sectors.
According to the study, North America will represent the largest share of the logic analyzer market in 2019.