Global Source Measure Unit Market: Overview
The source measure unit (SMU) is an electronic device that has the ability of both measuring and sourcing simultaneously. The SMUs are used mainly in the testing applications that require high resolution, precision, and flexibility in the measurement.
Global Source Measure Unit Market: Growth Factors
In the coming years, the source measure unit market anticipates experiencing a significant growth owing to the increasing demand from the end-user industries for electronic testing devices. Increased adoption of the automation in the processing industries has increased the demand for high precision and repeatability of the electronic equipment. Thus it is expected, there will be an increased adoption of the source measure units in the process industries as compared to other sectors. The increased use of the source measure units in the testing of the semiconductor devices has also propelled the growth of the source measure unit market. The source measure units are widely used for the testing purpose owing to its flexibility in spreading, programming ease, and the extensive coverage in the measurement of the signals. Owing to these benefits the source measure units are increasingly used in the testing of the components.
Global Source Measure Unit Market: Segmentation
The global source measure unit market can be fragmented into its type, form factor, application, and the end-user industry. In terms of type, the market is categorized into general-purpose SMUs, precision SMUs, and application-specific SMUs. On the basis of the form factor, the global source measure unit market is segregated into modular and benchtop. Based on the application, the market is divided into precision electronics, light-emitting diodes, semiconductor devices, sensors, green energy products, and nanomaterials. Based on the end-user sector, the market is fragmented into process industries, healthcare, IT and telecommunications, automotive, and aerospace & defense.
Global Source Measure Unit Market: Regional Analysis
It is anticipated that Asia Pacific region will register a major share in the source measure unit market in the coming years. The increased adoption of the 4G services and the positive attitude towards the upcoming 5G services is increasing the requirement for the testing of mobile equipment in the economies such as Taiwan and China. Furthermore, it is anticipated that this region records the highest number of the mobile subscribers which has increased the demand for the long-lasting power and high processing battery. It is also expected that in the future the Asia Pacific will register a good growth rate owing to the increasing manufacturers of the electronic and semiconductor items. Mainly, the number of the SME’s is growing in the nations such as India, Vietnam, and China owing to the availability of the cheap labor and also these locations are considered to be cost-effective compared to any other regions for the installation of the manufacturing facilities. Thus a strong market growth is expected in the Asia Pacific.
Other regions such as North America and Europe are also expected to contribute a good share in the source measure unit market.
Global Source Measure Unit Market: Competitive Players
Some of the most important market players in the source measure unit market include Rohde & Schwarz GmbH & Co KG, Yokogawa Electric Corporation, Advantest Corporation, Chroma ATE Inc., Teradyne, Fortive Corporation, Keysight Technologies, National Instruments Corporation, Viavi Solution, Inc., and VX Instruments.
Global Source Measure Unit Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- The UK
- France
- Germany
- The Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
What Reports Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
