DUBLIN--(BUSINESS WIRE)--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.
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.
The need for using green and renewable resources 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 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.
- Rohde & Schwarz
- National Instruments
- Yokogawa Electric
- VX Instruments
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Source Measure Unit Market, By Type
7 Source Measure Unit Market, By Form Factor
8 Source Measure Unit Market, By Application
9 Source Measure Unit Market, By End-User Industry
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
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