Agilent Technologies Inc. (A - Analyst Report) recently launched Infiniium 9000 H-Series high-definition oscilloscopes.
The four new models come in bandwidths of 250 MHz, 500 MHz, 1 GHz and 2 GHz. They offer up to 12-bit vertical resolution and have the deepest standard memory of up to 100 Mpts per channel.
Oscilloscopes are used in various technical fields. First, they play an important role in the analysis of video quality in televisions and for monitoring vital functions in electrocardiogram and electroencephalogram instruments. These devices are used extensively for control and sensor monitoring in automotive applications and in a broad range of industrial and medical equipment applications.
These new high-definition oscilloscopes will help engineers to view and analyze small signals. The technology used in these products reduces the noise level to three times lower than the traditional 8-bit oscilloscopes. Hence, these new oscilloscopes will likely offer the most accurate measurement.
The oscilloscope market is forecasted to grow at a compound annual growth rate (CAGR) of 10% over the period 2010–2014, as per research conducted by TechNavio’s analysts. The oscilloscope market has also been seeing the continued integration of advanced features.
Agilent is trying to increase its share of this market that has gained from the unprecedented rise in demand for wireless connectivity, data bandwidth and energy-related products.
Management is trying to grow its market share by introducing new and better products and fight off competition from companies like Teradyne (TER), Thermo Fisher Scientific, Inc. (TMO - Analyst Report) and Danaher Corp. (DHR - Analyst Report) among others.
Agilent Technologies is a broad-based OEM of test and measurement equipment. The company's fourth quarter earnings beat the Zacks Consensus Estimate on both the top and bottom lines. However, uncertain macro conditions, particularly in the U.S. and Europe and a softer-than-expected earnings guidance increased concerns regarding near-term performance.
Hence, Agilent has a Zacks #5 Rank (Strong Sell).