What is Source Measure Unit?
Source Measure Unit is an electronic device that is used for supplying and measuring the voltage and current required as per the electronic devices. They are highly accurate test equipment and voltage measuring devices. They are majorly applied in applications of major semiconductor devices, precision electronics. and Additionally, increasing consumer focus to maintain precise and capable standalone system & components has enhanced the product demand from the mobile phone subscribers. The major companies are adopting 4G services and upcoming 5G networks in Asia-Pacific countries as these countries are focused on fastest-growing verticals for mobile devices.
The market study is broken down by Type (Precision SMUs and General-Purpose SMUs), by Application (Semiconductor Devices, Sensors, Light-Emitting Diodes, Green Energy Products, Precision Electronics and Nanomaterials) and major geographies with country level break-up. and may see market size of USD1227.8 Million by 2026.
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Source Measure Unit market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Rohde & Schwarz GmbH & Co KG (Germany), Yokogawa Electric Corporation (Japan), Advantest Corporation (Japan), Chroma ATE Inc. (Taiwan), Teradyne (United States), Fortive Corporation (United States), Keysight Technologies (United States), National Instruments Corporation (United States), Viavi Solution, Inc. (United States) and VX Instruments (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Source Measure Unit market by Type, Application and Region.
On the basis of geography, the market of Source Measure Unit has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form Factor, the sub-segment i.e. Benchtop will boost the Source Measure Unit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. IT & Telecommunications will boost the Source Measure Unit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In Oct 2018, Ossila launched an X200 source measure unit, which is beneficial in providing simple and precise current/voltage measurements software that strengthening its product portfolio.
Market Trend
- Growing Demand For Radio Frequency Devices
Market Drivers
- Increasing Demand of Electric Vehicles and Plug-in Hybrid Vehicles.
- Growing IoT Market Leverage SMU for Device Testing.
Opportunities
- Introduction of High-Density SMUs for Testing
- Adoption of High Level of Integration and Remarkable Flexibility
Restraints
- High Cost Associated with Source Measure Unit
- Adverse Impact Due to Output Oscillations and Overshoots
Challenges
- Stringent Government Rules and Regulatory Barriers
- Lack of Research and Development Hamper the market
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.