Source Measure Unit (Precision, General & Application) Market - Global Forecast to 2023

Dublin, June 05, 2018 (GLOBE NEWSWIRE) -- The "Source Measure Unit Market by Form Factor (Benchtop and Modular), Application (Semiconductor Devices and Precision Electronics), End-User Industry (IT & Telecommunications, Automotive & Process Industries), Type & Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The source measure unit market is estimated to grow from USD 746.7 million in 2018 to USD 1,102.1 million by 2023, growing at a CAGR of 8.10% between 2018 and 2023.

The market is growing due to the increasing demand for electronic testing equipment in end-user industries such as automotive, aerospace & defense, IT & telecommunications, education and government, process industries, and healthcare.

Output oscillations, ringing, overshoots, and poor transient response times are the drawbacks of source measure units in the case where the system configuration for the device under test is inappropriate. For instance, depending on the load capacitance, the current output voltage bandwidth needs to be selected carefully to avoid output oscillations and poor transient response.

The need for using the green and renewable resource is largely responsible for the increased adoption of electric vehicles in the recent years. Research, development, and deployment (RD&D), as well as mass production prospects, lead to the rapid decline in the battery cost and increase in energy density. An SMU allows EV manufacturers to simulate the voltage fluctuations of the electronic devices and sensors in the vehicle. SMUs will prove to be critical electronic equipment for the new and improved designs in the electric and plug-in hybrid electric vehicles.

In 2017, APAC held the largest market share. Several OEMs and semiconductor device and product manufacturers are situated in Asia Pacific. The growing demand for source measure units is attributed to the increasing number of smartphones and continuous upgrading of next-generation telecommunication standards. Moreover, favorable regulatory policies for the approval of new semiconductor technologies and the saturation of the market in developed countries are further intensifying the interest of foreign players in expanding in Asia Pacific.

The market in North America is expected to be driven by the demand from the telecommunications and aerospace & defense industries. Furthermore, the shift toward connected cars and intelligent transportation systems, along with the increasing demand for precision medical devices in the healthcare industry is expected to drive the source measure unit market in this region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Source Measure Unit Market
4.2 Benchtop Source Measure Unit Market, By Application
4.3 Source Measure Unit Market, By End-User Industry and Country
4.4 Source Measure Unit Market, By Country

5 Market Overview
5.1 Introduction
5.2 Major Clustering of Product Category
5.2.1 Performance
5.2.2 Precision
5.2.3 Power Range
5.2.4 Quadrant
5.2.4.1 Analysis of Product Competitiveness
5.3 Value Chain Analysis
5.3.1 Research & Development
5.3.2 Manufacturing and Assembly
5.3.3 Distribution and End Users
5.3.4 Post-Sales Services
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Rising Adoption of Source Measure Units Owing to Their High Level of Integration and Remarkable Flexibility
5.4.1.2 Growing Market for Electric Vehicles (EVS) and Plug-In Hybrid Electric Vehicles (PHEVS)
5.4.1.3 Continuously Evolving Solutions for Test and Measurement of Power Electronics and Passive Components
5.4.1.4 Growing IoT Market Leverage SMUs for Device Testing
5.4.2 Restraints
5.4.2.1 Output Oscillations, Overshoots, and Poor Transient Response
5.4.3 Opportunities
5.4.3.1 Adoption of High-Density SMUs for Testing
5.4.4 Challenges
5.4.4.1 Impact of Strong Rf Electromagnetic Field on the Accuracy of SMUs
5.4.4.2 Increased Adoption of Rental and Leasing Services
5.5 Megatrends

6 Source Measure Unit Market, By Type
6.1 Introduction
6.2 Precision Source Measure Units
6.3 General-Purpose Source Measure Units
6.4 Application-Specific Source Measure Units

7 Source Measure Unit Market, By Form Factor
7.1 Introduction
7.2 Benchtop
7.3 Modular

8 Source Measure Unit Market, By Application
8.1 Introduction
8.2 Semiconductor Devices
8.3 Sensors
8.4 Light-Emitting Diodes
8.5 Green Energy Products
8.6 Precision Electronics
8.7 Nanomaterials

9 Source Measure Unit Market, By End-User Industry
9.1 Introduction
9.2 IT and Telecommunications
9.3 Automotive
9.4 Healthcare
9.5 Aerospace & Defense
9.6 Education and Government
9.7 Process Industries

10 Geographic Analysis

11 Competitive Landscape
11.1 Overview
11.2 Source Measure Unit Market Analysis
11.3 Competitive Situations and Trends
11.3.1 Product Launches and Developments
11.3.2 Acquisitions

12 Company Profiles
12.1 Introduction
12.2 Keysight
12.3 Fortive
12.4 Rohde & Schwarz
12.5 National Instruments
12.6 Yokogawa Electric
12.7 Advantest
12.8 Viavi
12.9 Chroma
12.10 Teradyne
12.11 VX Instruments

For more information about this report visit https://www.researchandmarkets.com/research/58tzvt/source_measure?w=12

                    
                    
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