Source Measure Unit Market Report Spreads In 116 Pages with 166 Tables and Figures
Source Measure Unit Market 2023 : 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.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Source Measure Unit estimated at US$ 723.2 million in the year 2022, is projected to reach a revised size of US$ 947.3 million by 2028, growing at a CAGR of 4.6% during the forecast period 2022-2028.
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.
Top Key Players:
- Rohde & Schwarz
- National Instruments
- Yokogawa Electric
- Vx Instruments
Source Measure Unit Market By Applications
- IT and Telecommunications
- Aerospace & Defense
- Process Industries
Source Measure Unit Market By Types
- Precision SMUs
- General-Purpose SMUs
- Application-Specific SMUs
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