The Source Unit of Measure market will grow at a CAGR of 7.0% over the forecast period 2021-2027. The increased level of integration and flexibility of precision source units of measure are essential to drive the source units of measure market.
Growing demand in the automotive and medical industry is an important factor in accelerating market growth. In addition, the growing IOT market utilizes precision SMUs for device testing and increases its use in testing semiconductors, active/passive components, and a variety of other devices and materials, due to the flexibility of the source unit of measurement and integration of electronics, increased sales and adoption of hybrid vehicles. Source Unit of Measure is a major factor driving the Source Unit of Measure market. In addition, the growing demand for UAVs and systems and the increase in low cost GPS anti-jamming solutions will further create new opportunities for the Source Measurement Devices market in the forecast period mentioned above.
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Source Measure Unit Market Segments
Based on the channel:
• 1 µA –1 mA
• 1 mA – 1 A
• More than 1
Based on the application:
• Aerospace, defense & government services
• Automotive
• Energy
• Wireless communication & infrastructure
• Others (Consumer electronics & appliances, and medical equipment manufacturing)
Based on the Form factor type:
• Benchtop
• Modular
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
