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Source Measure Unit Market by Form Factor (Benchtop and Modular), Application (Semiconductor Devices and Precision Electronics), End-User Industry (IT & Telecommunications, Automotive, and Process Industries), Type, and Geography - Global Forecast to 2023

Source Measure Unit Market by Form Factor (Benchtop and Modular), Application (Semiconductor Devices and Precision Electronics), End-User Industry (IT & Telecommunications, Automotive, and Process Industries), Type, and Geography - Global Forecast to 2023

“Demand for electronic testing equipment to fuel source measure unit market growth”
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.

“Growing market for electric vehicles and plug-in hybrid electric vehicles propels source measure unit market growth”
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.

“APAC and North America are the major markets for source measure units”
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.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key experts. The breakup of the profiles of primary participants is given below:
By Company Type: Tier 1 = 50%, Tier 2 = 33%, and Tier 3 = 17%
By Designation: C-Level Executives = 22%, Directors = 27%, and Others = 51%
By Region: North America = 20%, Europe = 40%, APAC = 10%, and RoW = 30%

Key players profiled in this report are Fortive Corporation (US), Rohde & Schwarz GmbH & Co KG (Germany), Keysight Technologies (US), Yokogawa Electric Corporation (Japan), and National Instruments Corporation (US). Some other companies operating in the source measure unit market are Advantest Corporation (Japan), Viavi Solution, Inc. (US), Chroma ATE Inc. (Taiwan), VX Instruments (Germany), and Teradyne (US).

Research Coverage
The report estimates the size and growth potential of the source measure unit market across segments such as type, form factor, application, end-user industry, and geography. Furthermore, the report includes market dynamics and the competitive analysis of the key players in the market, along with their company profiles and recent developments.

Key Benefits of Buying This Report
The report would help leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the source measure unit market segments and subsegments. This report would help stakeholders better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. This report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • SCOPE OF THE STUDY
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEAR CONSIDERED FOR THE STUDY
    • CURRENCY AND PRICING
    • PACKAGE SIZE
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
    • SCOPE OF THE REPORT
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN SOURCE MEASURE UNIT MARKET
    • BENCHTOP SOURCE MEASURE UNIT MARKET, BY APPLICATION
    • SOURCE MEASURE UNIT MARKET, BY END-USER INDUSTRY AND COUNTRY
    • SOURCE MEASURE UNIT MARKET, BY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MAJOR CLUSTERING OF PRODUCT CATEGORY
      • PERFORMANCE
      • PRECISION
      • POWER RANGE
      • QUADRANT
    • VALUE CHAIN ANALYSIS
      • RESEARCH & DEVELOPMENT
      • MANUFACTURING AND ASSEMBLY
      • DISTRIBUTION AND END USERS
      • POST-SALES SERVICES
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • MEGATRENDS
  • SOURCE MEASURE UNIT MARKET, BY TYPE
    • INTRODUCTION
      • Table SOURCE MEASURE UNIT MARKET, BY TYPE, 2015-2023 (USD MILLION)
    • PRECISION SOURCE MEASURE UNITS
    • GENERAL-PURPOSE SOURCE MEASURE UNITS
    • APPLICATION-SPECIFIC SOURCE MEASURE UNITS
  • SOURCE MEASURE UNIT MARKET, BY FORM FACTOR
    • INTRODUCTION
      • Table SOURCE MEASURE UNIT MARKET, BY FORM FACTOR, 2015-2023 (USD MILLION)
      • Table SOURCE MEASURE UNIT MARKET, BY FORM FACTOR, 2015-2023 (THOUSAND UNITS)
    • BENCHTOP
      • Table BENCHTOP SOURCE MEASURE UNIT MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
    • MODULAR
      • Table MODULAR SOURCE MEASURE UNIT MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
  • SOURCE MEASURE UNIT MARKET, BY APPLICATION
    • INTRODUCTION
      • Table SOURCE MEASURE UNIT MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
    • SEMICONDUCTOR DEVICES
      • Table SOURCE MEASURE UNIT MARKET FOR SEMICONDUCTOR DEVICES, BY FORM FACTOR, 2015-2023 (USD MILLION)
    • SENSORS
      • Table SOURCE MEASURE UNIT MARKET FOR SENSORS, BY FORM FACTOR, 2015-2023 (USD MILLION)
    • LIGHT-EMITTING DIODES
      • Table SOURCE MEASURE UNIT MARKET FOR LIGHT-EMITTING DIODES, BY FORM FACTOR, 2015-2023 (USD MILLION)
    • GREEN ENERGY PRODUCTS
      • Table SOURCE MEASURE UNIT MARKET FOR GREEN ENERGY PRODUCTS, BY FORM FACTOR, 2015-2023 (USD MILLION)
    • PRECISION ELECTRONICS
      • Table SOURCE MEASURE UNIT MARKET FOR PRECISION ELECTRONICS, BY FORM FACTOR, 2015-2023 (USD MILLION)
    • NANOMATERIALS
      • Table SOURCE MEASURE UNIT MARKET FOR NANOMATERIALS, BY FORM FACTOR, 2015-2023 (USD MILLION)
  • SOURCE MEASURE UNIT MARKET, BY END-USER INDUSTRY
    • INTRODUCTION
      • Table SOURCE MEASURE UNIT MARKET, BY END-USER INDUSTRY, 2015-2023 (USD MILLION)
    • IT AND TELECOMMUNICATIONS
      • Table SOURCE MEASURE UNIT MARKET FOR IT & TELECOMMUNICATIONS, BY REGION, 2015-2023 (USD MILLION)
    • AUTOMOTIVE
      • Table SOURCE MEASURE UNIT MARKET FOR AUTOMOTIVE, BY REGION, 2015-2023 (USD MILLION)
    • HEALTHCARE
      • Table SOURCE MEASURE UNIT MARKET FOR HEALTHCARE, BY REGION, 2015-2023 (USD MILLION)
    • AEROSPACE & DEFENSE
      • Table SOURCE MEASURE UNIT MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2015-2023 (USD MILLION)
    • EDUCATION AND GOVERNMENT
      • Table SOURCE MEASURE UNIT MARKET SIZE FOR EDUCATION & GOVERNMENT, BY REGION, 2015-2023 (USD MILLION)
    • PROCESS INDUSTRIES
      • Table SOURCE MEASURE UNIT MARKET FOR PROCESS INDUSTRIES, BY REGION, 2015-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table SOURCE MEASURE UNIT MARKET, BY REGION, 2015-2023 (USD MILLION)
    • NORTH AMERICA
      • Table SOURCE MEASURE UNIT MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table SOURCE MEASURE UNIT MARKET IN NORTH AMERICA, BY END-USER INDUSTRY, 2015-2023 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table SOURCE MEASURE UNIT MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table SOURCE MEASURE UNIT MARKET IN EUROPE, BY END-USER INDUSTRY, 2015-2023 (USD MILLION)
      • GERMANY
      • UK
      • FRANCE
      • REST OF EUROPE
    • ASIA PACIFIC
      • Table SOURCE MEASURE UNIT MARKET IN APAC, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table SOURCE MEASURE UNIT MARKET IN APAC, BY END-USER INDUSTRY, 2015-2023 (USD BILLION)
      • CHINA
      • JAPAN
      • INDIA
      • REST OF APAC
    • REST OF THE WORLD (ROW)
      • Table SOURCE MEASURE UNIT MARKET IN ROW, BY REGION, 2015-2023 (USD MILLION)
      • Table SOURCE MEASURE UNIT MARKET IN ROW, BY END-USER INDUSTRY, 2015-2023 (USD MILLION)
      • MIDDLE EAST & AFRICA
      • SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • SOURCE MEASURE UNIT MARKET ANALYSIS
    • COMPETITIVE SITUATIONS AND TRENDS
      • PRODUCT LAUNCHES AND DEVELOPMENTS
        • Table PRODUCT LAUNCHES AND DEVELOPMENTS, 2016-2018
      • ACQUISITIONS
        • Table ACQUISITIONS, 2018
  • COMPANY PROFILES
    • INTRODUCTION
    • KEYSIGHT
      • BUSINESS OVERVIEW
      • KEYSIGHT: FINANCIAL PERFORMANCE
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW AND FUTURE STRATEGY
    • FORTIVE
      • BUSINESS OVERVIEW
      • FORTIVE: FINANCIAL PERFORMANCE
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW & FUTURE STRATEGY
    • ROHDE & SCHWARZ
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW AND FUTURE STRATEGY
    • NATIONAL INSTRUMENTS
      • BUSINESS OVERVIEW
      • NATIONAL INSTRUMENTS: FINANCIAL PERFORMANCE
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW AND FUTURE STRATEGY
    • YOKOGAWA ELECTRIC
      • BUSINESS OVERVIEW
      • YOKOGAWA: FINANCIAL PERFORMANCE
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW AND FUTURE STRATEGY
    • ADVANTEST
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • VIAVI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CHROMA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TERADYNE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • VX INSTRUMENTS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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