Market Overview:
The Global Source Measurement Unit (SMU) Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for semiconductor IC components, power components, sensors, organic materials and nano materials across different applications. Additionally, the growing demand for miniaturization and higher accuracy in measurement is also propelling the growth of the global SMU market. Based on type, the global SMU market can be segmented into graphical series SMUs and source measure units modules (SMUs). The graphical series SMUs segment is expected to account for a larger share of the global SMU market in terms of revenue due to their high accuracy and precision in measurement. Based on application, the global SMU market can be divided into semiconductor IC component manufacturing, power component manufacturing, sensor manufacturing, organic material and nano material fabrication processes and other applications.
Product Definition:
The Source Measurement Unit (SMU) is a device used to measure the electrical or optical power of a signal. The SMU can be used to characterize the source, determine its power and spectral content, and identify any distortions.
Graphical Series SMU:
The global graphical series measurement unit (SMU) market size was valued at USD 1.5 billion in 2015 and is expected to witness a significant growth owing to the increasing demand for high accuracy, low maintenance, and cost-effective solutions across various industries including oil & gas, power generation, mining & metals. The growing need for advanced technology that can provide enhanced productivity while reducing measurement risks is anticipated to drive the industry growth over the forecast period.
Source Measure Units Modules (SMUs):
The Source Measurement Unit (SMU) is a device that measures the current or voltage coming from a specific source. It can be used in various applications such as industrial, automotive, medical and consumer electronics. The SMU converts the input current or voltage to digital form and displays it on its LCD screen.
The primary function of an SMU is to provide accurate power measurement for any electronic device by providing real-time power consumption statistics for both AC.
Application Insights:
The power component segment dominated the global source measurement unit market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for energy from portable and industrial sources. Portable sources such as smartphones, laptops, and tablets are increasingly using semiconductor components that need to be sourced with high accuracy. This is likely to increase product demand over the forecast period.
The other applications segment includes consumer electronics and healthcare equipment among others. Source monitoring plays a significant role in ensuring proper functioning of these electronic devices which leads to an increased adoption of SMU solutions across end-use industries globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for electronic products in countries such as China, India, and Japan. In addition, rising investments by governments of various countries are anticipated to boost market growth during the forecast period. For instance, according to International Trade Administration (ITA), U.S.
North America is estimated to account for a significant share owing its high production volume of semiconductor devices and components along with growing demand from end-use industries such as aerospace & defense.
Growth Factors:
- Increasing demand for semiconductor and electronic products
- Growing number of electronics manufacturing companies
- Rising popularity of portable devices
- Proliferation of IoT and 5G networks
- Technological advancements in SMU
Scope Of The Report
Report Attributes
Report Details
Report Title
Source Measurement Unit Market Research Report
By Type
Graphical Series SMU, Source Measure Units Modules (SMUs)
By Application
Semiconductor IC component, Power Component, Sensor, Organic Material and Nano Material, Others
By Companies
Keysight, Keithley, Marvin Test Solutions, Chroma ATE, Ossila, Rohde & Schwarz, Texas Instruments, Lambda, Acquitek, Kikusui, Yokogawa, HIOKI, NI, VX Instruments
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Source Measurement Unit Market Report Segments:
The global Source Measurement Unit market is segmented on the basis of:
Types
Graphical Series SMU, Source Measure Units Modules (SMUs)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Semiconductor IC component, Power Component, Sensor, Organic Material and Nano Material, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Keysight
- Keithley
- Marvin Test Solutions
- Chroma ATE
- Ossila
- Rohde & Schwarz
- Texas Instruments
- Lambda
- Acquitek
- Kikusui
- Yokogawa
- HIOKI
- NI
- VX Instruments
Highlights of The Source Measurement Unit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Graphical Series SMU
- Source Measure Units Modules (SMUs)
- By Application:
- Semiconductor IC component
- Power Component
- Sensor
- Organic Material and Nano Material
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Source Measurement Unit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Source Measurement Unit (SMU) is a unit of measure used in the petroleum and gas industry to quantify the amount of oil or natural gas present at a well.
Some of the major companies in the source measurement unit market are Keysight, Keithley, Marvin Test Solutions, Chroma ATE, Ossila, Rohde & Schwarz, Texas Instruments, Lambda, Acquitek, Kikusui, Yokogawa, HIOKI, NI, VX Instruments.
The source measurement unit market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Source Measurement Unit Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Source Measurement Unit Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Source Measurement Unit Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Source Measurement Unit Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Source Measurement Unit Market Size & Forecast, 2020-2028
4.5.1 Source Measurement Unit Market Size and Y-o-Y Growth
4.5.2 Source Measurement Unit Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Graphical Series SMU
5.2.2 Source Measure Units Modules (SMUs)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Semiconductor IC component
6.2.2 Power Component
6.2.3 Sensor
6.2.4 Organic Material and Nano Material
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Source Measurement Unit Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Source Measurement Unit Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Graphical Series SMU
9.6.2 Source Measure Units Modules (SMUs)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Semiconductor IC component
9.10.2 Power Component
9.10.3 Sensor
9.10.4 Organic Material and Nano Material
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Graphical Series SMU
10.6.2 Source Measure Units Modules (SMUs)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Semiconductor IC component
10.10.2 Power Component
10.10.3 Sensor
10.10.4 Organic Material and Nano Material
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Graphical Series SMU
11.6.2 Source Measure Units Modules (SMUs)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Semiconductor IC component
11.10.2 Power Component
11.10.3 Sensor
11.10.4 Organic Material and Nano Material
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Graphical Series SMU
12.6.2 Source Measure Units Modules (SMUs)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Semiconductor IC component
12.10.2 Power Component
12.10.3 Sensor
12.10.4 Organic Material and Nano Material
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Graphical Series SMU
13.6.2 Source Measure Units Modules (SMUs)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Semiconductor IC component
13.10.2 Power Component
13.10.3 Sensor
13.10.4 Organic Material and Nano Material
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Source Measurement Unit Market: Competitive Dashboard
14.2 Global Source Measurement Unit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Keysight
14.3.2 Keithley
14.3.3 Marvin Test Solutions
14.3.4 Chroma ATE
14.3.5 Ossila
14.3.6 Rohde & Schwarz
14.3.7 Texas Instruments
14.3.8 Lambda
14.3.9 Acquitek
14.3.10 Kikusui
14.3.11 Yokogawa
14.3.12 HIOKI
14.3.13 NI
14.3.14 VX Instruments
