Global Precision Source Measure Unit Market – Opportunities and Forecast, 2020-2027

Press Release : April 20, 2020
Global Precision Source Measure Unit Market – Opportunities and Forecast, 2020-2027

Source Measure Unit (SMU) is a source and measurement resource for test applications that require high accuracy, measurement flexibility, and high resolution. It can source voltage and current and can simultaneously measure the voltage or current. SMU integrates the capabilities of a function generator or power supply, an oscilloscope, digital multimeter, current source, and an electronic load into a single and tightly synchronized instrument. It is used widely for determining IV characteristics of any semi-conductor based device.

Growing demand from automotive and medical industries, high level of flexibility and integration of precision source measure unit, and the growing IoT market leveraging precision SMU for device testing are the key factors boosting the growth of the Precision Source Measure Unit market. The technologically advanced precision source measure unit can perform low current measurements during the presence of high load capacitance due to complex test setups and long cables. They are competent in overcoming challenges of traditional SMU as precision SMU can source voltage and measure current with longer cables or more connection capacitance. This helps researchers and manufacturing test engineers to save time and cost. Therefore, such enhanced features of precision source measure unit is catalyzing the growth of the market. However, the availability of multiple alternatives that could perform similar to the SMU could hinder the growth of the market.

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The key players in the market include Tektronix Inc, Keysight Technologies Inc, National Instruments Corporation, Chroma ATE Inc, Yokogawa Electric Corporation, Rohde & Schwarz GmbH & Co KG, VX Instruments, Aemulus Corporation, and Marvin Test Solutions Inc., among others.

The Global Precision Source Measure Unit market has been segmented based on Current Range, Application, Form Factor, and key Regions. Based on Current Range, the market is segmented into 1 µA –1 mA, 1 mA – 1 A, and More than 1. Based on Application, the market is segmented into Aerospace, Defense & Government Services, Automotive, Energy, Wireless Communication & Infrastructure, and Others. Based on Form Factor, the market is segmented into Benchtop and Modular.

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Key questions answered in this research report:

At what pace is the Global Precision Source Measure Unit market growing? What will be the growth trend in the future?

What are the key drivers and restraints in Global Precision Source Measure Unit market? What will be the impact of drivers and restraints in the future?

What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Global Precision Source Measure Unit market?

What are various applications areas of Global Precision Source Measure Unit market and how they are poised to grow?

What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

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