Accordingto research firm Yole Dveloppement, growth in non-radar automotive sensors (LiDAR, ADAS and camera modules) is expected to reach US$13.4 Billion in 2025 from US$4.94 Billion in 2020, representing a 2020-2025 CAGR of 22.1%. This strong growth potential is part of the wider pivot toward automotive electrification as a key driver for automotive electronics growth as the cars of the future become more connected, safe, efficient, and therefore require significantly more sophisticated computing power.
Established in 1990 and based in Tewksbury, Massachusetts, USA, AEi is widely recognised as the de facto leader for the automotive camera active alignment market, having benefitted especially from significant and sustained demand for cameras in ADAS (Advanced Driver Assistance Systems).
Second, the acquisition enables ASMPT to offer total solutions for automated and scalable end-to-end camera module assembly to a significantly expanded served market that encompasses global Tier 1 and 2 automotive component providers.
Taken as a whole, this broader portfolio of leading products, services, and solutions, as well as increased exposure to technology megatrends, will help support ASMPT's long-term revenue and earnings growth in turn.
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Staying the leader in such a market for more than ten years is the fruits of the hard work of many capable individuals in HPE together with a close collaboration and support from our loyal customers.
Looking forward working with all of you in 2016 to achieve new heights.
Forrester evaluated 15 continuous automation testing platforms against 26 criteria across three categories, including current offering, strategy, and market presence. Tricentis received the highest possible score of 5.0 in 11 criteria, including omnichannel testing, combined automation, SaaS Business Enterprise Applications, product vision, execution roadmap and number of customers.
ASMPT is one of the constituent stocks of the Hang Seng TECH Index, Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under Hang Seng Composite Industry Indexes and the Hang Seng Hong Kong 35 Index. To learn more about ASMPT, please visit us at
www.asmpacific.com.
About AEi
AEi, part of Mycronic Group, is the market leader of automated camera and sensor assembly and test equipment for the automotive market. It is complemented by its dedicated and newly enhanced PCT system or Post-Cure Test system. Its industry leadership is built on a symbiotic combination of optical alignment algorithms, and sequential processing all within a compact design. Bringing these compelling elements together ensures their products deliver the best financial returns in the industry. For more information about AEi, visit
www.aeiboston.com.
Power Test, LLC is an industry leader in the design, manufacture, and sale of dynamometers, heavy equipment testing systems and related data acquisition and control systems. For over 40 years, Power Test has provided specialized test equipment to manufacturers, rebuild facilities, and distributors in the mining, oil & gas, power generation, marine, trucking, construction, rail, and military markets in over 90 countries on six continents. Our headquarters and manufacturing operations are located in Sussex, WI with sales representatives worldwide.
The Power Test team of innovative engineers, designers, software developers, and sales consultants will SOLVE YOUR CHALLENGES with logical solutions. Our skilled machinists, fabricators, electronic technicians, and assemblers build products to meet your unique needs. Our technical service experts are dedicated to working with you, anywhere and anytime. They travel the globe to ensure your equipment is running right and your staff is trained to operate it. Our exceptional product life and manufacturing expertise make us an industry-leading dynamometer manufacturer, as evidenced by our first machine sold, which remained operational for 42 years.
Our Transmission Test Stand product line offers the latest in modern transmissions and hydraulic test stands. These systems are designed and manufactured at Power Test headquarters and are capable of testing transmissions and hydraulic components including valve body test stands, electronic shift consoles, and much more.
PowerNet, the trusted solution for complete reliable data acquisition, and control is now more powerful than ever. Version 3.0 offers flexible graphics, remote monitoring and reporting, test facility integration, and professional reports to Make Your Testing Easy.
The system is comprised of the Commander Computer, a modified desktop PC; and the Workstation, a touch-screen operated unit housed in a rugged industrial enclosure. Both systems communicate to each other through an Ethernet cable, providing rapid data transfer speeds, wiring simplicity, and LAN connections.
Lincoln Diagnostics, manufacturer of Multi-Test, Multi-Test II, Duotip-Test, Duotip-Test II, Multi-Test PC and UniTest PC, is the industry leader in high-quality disposable allergy skin test devices. Lincoln products are the most widely used disposable allergy tests in the U.S. and are extensively employed at leading teaching institutions, hospitals and private clinics throughout the United States and internationally.
India Rapid IVD Kits market is growing at a steady rate over the past few years, supported by increase in population in the country along with the awareness and acceptance of using rapid IVD Kit test for disease diagnosis owing to the Covid-19 pandemic crisis.
India Rapid IVD Kits market is highly fragmented market with SD Biosensor as the market leader owing to the high sales volume of rapid ivd test kits; followed J. Mitra & Co and Meril Diagnostic as the major local manufacturers in the market. The India Rapid IVD Kits Market also includes other major manufacturers such as Oscar Medicare, Abbott, Mankind Pharma, Angstrom Biotech, Mylab Discovery Solutions and more.
Improvement in healthcare infrastructure is also going to generate demand for such products in India. Going forward, rising demand for antibody tests, common/overlapping symptoms, impact of coronavirus, aging population, technological advances, increase in healthcare access, rising prevalence of chronic diseases and increasing adoption of self-testing kits over large number of diseases will drive the growth.
The emergence of rapid POC technologies enabled facilities to optimize workflows and decreased labor requirements to process a higher sample load. For instance, due to the large-scale infection and strong transmissibility of COVID-19, high-throughput sequencing tools and automatic lab capacity became key factors of rapid diagnosis.
Emerging technological innovations in healthcare, such as bio-sensors, lab-on-a-chip, wearable devices, and POC diagnostics are increasingly becoming an important part of the healthcare landscape adding tailwinds to the rapid ivd kits market sector.
Factors, such as large outbreaks of bacterial and viral epidemics in India, increasing demand for point-of-care diagnostics, and rapidly evolving technology, are driving the growth of the molecular diagnostics segment.
Teledyne LeCroy Inc. announced today that it has acquired Frontline Test Equipment, Inc., the market leader in Bluetooth protocol analysis test tools and packet sniffers, as well as analysis and emulation tools for a wide range of additional technologies.
Teledyne LeCroy is the market leader in protocol test tools for well known serial data standards like USB, PCI Express, SAS, and SATA. The Company's strategy is to continue to expand its protocol offerings into additional wired and wireless data communication standards with the goal to be the market leader in each protocol standard.
Teledyne LeCroy expects that acquiring Frontline will enable it to:Broaden its offering of Serial Data Protocol Analysis and Test Tools.Capitalize on growing customer demand for Bluetooth test tools.Further penetrate the automotive market for emerging serial data test requirements.Position Teledyne LeCroy to support Internet of Things (IoT) emergence including Health and Fitness sensor integration.
Teledyne LeCroy's Chief Executive Officer Tom Reslewic said, "The Frontline acquisition allows Teledyne LeCroy to expand its protocol test portfolio into important wireless technologies like Bluetooth and 802.11 (Wi-Fi). These standards are key to emerging applications which connect our phones, cars, homes, and personal devices. We anticipate a growing need for protocol test tools among designers in these markets. This expansion into adjacent wireless protocol standards reflects Teledyne's commitment to build a market leading presence across a wide array of serial data communications standards through Teledyne LeCroy's Protocol Solutions Group."
The acquisition of Frontline supports Teledyne LeCroy's vision of becoming the leading brand for protocol test, with competencies that will enable the Company to benefit from emerging industry trends requiring faster serial data connections in an expanding array of applications.
Portfolio of instrumentation and universal Automatic Test Equipment (ATE) platform for testing semiconductor devices with best-in-class solutions in RF, digital and mixed signal applications, enables faster time to yield.
Full suite of test contactors that provide the electrical interface between the tester and the semiconductor device presented by the test handler; optimizes signal performance via an array of consumable probe pins.
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