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Global Precision Source Measure Unit Market Outlook 2028

  • ID: 5136545
  • Report
  • August 2020
  • Region: Global
  • Research Nester Pvt. Ltd
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FEATURED COMPANIES

  • Advantest Corporation
  • Chroma ATE Inc.
  • Keysight Technologies
  • National Instruments
  • Other Notable Players
  • Tektronix
  • MORE
Ongoing Research Report

In the News
April 12, 2018: Marvin Test Solutions, Inc. announced the release of the new GX3104-a precision 3U PXI module, 4-Channel PXI Source Measure Unit that forces and senses both voltage and current over a range of ±20 V and up to ± 1 A. It includes API features & UI software packages which can be supported for Linux 32/64 operating systems.

Introduction to Precision Source Measure Units

Precision source measure unit is an electronic device that has the ability of both measuring and sourcing simultaneously. They are designed for highly accurate source or load simulation with precision voltage and current measurements and used mainly in the testing applications that require high resolution, precision, accuracy and flexibility in the measurement. Owing to its key characteristics, precision source measure unit is used as an ideal instrument in many parametric test applications ranging from ICs, two-leaded components such as sensors, LEDs, laser diodes, transistors, solar cells, batteries and many other electronic devices.

Market Size and Forecast

As there is a rapid advancement in technology, there is an increasing requirement of high precision and accuracy equipment from the automotive and medical industries in order to carry out their research activities. Owing to its high flexibility and integration, the precision source measure unit market is anticipated to record a significant CAGR over the forecast period, i.e., 2020-2028. The market is segmented by form factor into benchtop and modular. Based on this, the segment for modular is anticipated to grow at the highest rate in the market on account of its integration with different types of instruments and the flexibility it provides to reduce the cost of a test. Further, it has now become possible to design a multichannel system with the development of modular precision source measure units.

Growth Drivers

Growing Demand for Automation in End User Industries to Boost the Market Growth

Since the requirements for high precision, resolution, flexibility and repeatability of the electronic equipment is increasing, there is a significant rise in demand for measuring units to facilitate the testing process of semiconductor devices more quickly and easily. Innovated precision source measure unit are being developed which offers highly flexible, four-quadrant voltage and current load, accuracy in measurement of signals along with precision voltage and current meters. This is anticipated to significantly expand the precision source measure unit market.

By Region

On the basis of regional analysis, the global precision source measure unit market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

The market for precision source measure unit in North America is anticipated to hold the largest share in the market on account of presence of leading market players in the region which manufacture and market precision source measure unit. Moreover, there is an increased demand from various end-user industries along with the large infrastructure advancements and automation in manufacturing industries in this region which further increases the product demand. The market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of high demand for test and measurement solutions in the semiconductor industry. Additionally, the growing small and medium enterprises, especially in countries such as India and China, facilitates the installation of the manufacturing facilities owing to the better availability of labor and raw material. This factors further raise the demand for precision source measure unit.

The global precision source measure unit market is further classified on the basis of region as follows:
  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Please note this is an ongoing research and will be delivered 8-9 working days after order confirmation. The TOC can be also be requested.
Note: Product cover images may vary from those shown
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  • National Instruments
  • Marvin Test Solutions, Inc.
  • Rohde & Schwarz GmbH & Co. KG
  • Yokogawa Test & Measurement Corporation
  • Advantest Corporation
  • Chroma ATE Inc.
  • Keysight Technologies
  • Viavi Solutions, Inc.
  • VX Instruments GmbH
  • Tektronix
  • Other Notable Players
Please note the number of players as well as the addition/deletion can be done in the final deliverable as per the feasibility
Note: Product cover images may vary from those shown
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