“AI and IoT Integration”
- The convergence of Artificial Intelligence (AI) and the Internet of Things (IoT) within SMU platforms is revolutionizing decision-making capabilities. AI algorithms analyze data from IoT devices to provide real-time insights, enabling organizations to automate complex processes such as predictive maintenance in manufacturing and personalized customer experiences in retail.
- The shift towards cloud deployment of SMUs offers enhanced scalability, flexibility, and cost-efficiency. Cloud-based SMU solutions allow organizations to rapidly adjust resources in response to changing demands, ensuring optimal performance and reliability. This trend is particularly beneficial for industries undergoing rapid digital transformation, such as telecommunications, where cloud-based SMUs facilitate logical business process integration across various independent application systems.
- In May 2017, launched the M9111A PXIe module, a 1-slot, 2-quadrant SMU providing stable, glitch-free sourcing and sinking, and high-accuracy measurements, catering to the design validation and production test of RF power amplifiers.
- SMUs are essential for IV characterization in photovoltaic R&D. Keithley (Tektronix) updated its solar testing modules in late 2022.
Frequently Asked Questions
The market is segmented based on , By Type (Precision SMUs, Application-Specific SMUs, General-Purpose SMUs), Form Factor (Benchtop, Modular), Application (Semiconductor Devices, Light-Emitting Diodes, Sensors, Green Energy Products, Nanomaterials, Precision Electronics), End-User Industry (IT and Telecommunications, Healthcare, Automotive, Process Industries, Aerospace & Défense), and Region - Industry Trends and Forecast to 2032
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The Global Source Measure Unit Market size was valued at USD 892.20 USD Billion in 2024.
The Global Source Measure Unit Market is projected to grow at a CAGR of 7.95% during the forecast period of 2025 to 2032.
The major players operating in the market include Keysight Technologies, Fortive, ROHDE&SCHWARZ, National Instruments, Yokogawa Electric Corporation.
The market report covers data from the North America.