A Source Measure Unit, or SMU, is a source and measurement resource for test applications requiring high accuracy, high resolution and measurement flexibility. SMUs are sometimes also referred to as source monitor units. An SMU can precisely force voltage or current and simultaneously measure voltage and/or current.
Market Analysis and Insights: Global Source Measure Unit Market
Due to the COVID-19 pandemic, the global Source Measure Unit market size is estimated to be worth US$ 723.2 million in 2022 and is forecast to a readjusted size of US$ 947.3 million by 2028 with a CAGR of 4.6% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Precision SMUs accounting for % of the Source Measure Unit global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While IT and Telecommunications segment is altered to an % CAGR throughout this forecast period.
APAC accounted for the largest share of the source measure unit market in 2017. The widespread adoption of 4G services and the upcoming 5G network launch are likely to increase the need for testing mobile devices from mobile phone manufacturing countries such as China and Taiwan. Also, the region has the highest number of mobile phone subscribers, and the demand for high processing, long battery power is increasing. In terms of growth, APAC is expected to lead among other regions during the forecasting period.
Global Source Measure Unit Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Source Measure Unit Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Precision SMUs
General-Purpose SMUs
Application-Specific SMUs
Segment by Application
IT and Telecommunications
Automotive
Healthcare
Aerospace & Defense
Process Industries
By Company
Keysight
Fortive
Rohde & Schwarz
National Instruments
Yokogawa Electric
Advantest
Viavi
Chroma
Teradyne
Vx Instruments
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina