- Rising demand for precise current and voltage measurement in semiconductor R&D is propelling SMU adoption. For example, Keysight Technologies expanded its precision measurement portfolio in 2023 to support semiconductor test applications.
- The miniaturization of electronics and 5G rollout have increased the need for accurate, multifunctional test instruments. National Instruments saw increased SMU demand in 2022 for wireless module testing.
- Asia Pacific holds a significant market share due to Emergence of IoT & 5G Devices.
- Asia-Pacific is expected to register the fastest growth, fuelled by Emergence of IoT & 5G Devices.
- The Precision SMUs segment is projected to account for a significant market share of approximately 28.1% in 2025, driven Increased funding in nanotechnology and materials science is fuelling demand for high-precision SMUs.
