Avalanche Photodiode APD

Avalanche Photodiode (APD) Market Outlook

The global Avalanche Photodiode (APD) market is projected to reach approximately USD 2.3 billion by 2035, growing at a compound annual growth rate (CAGR) of around 8.5% from 2025 to 2035. The rising demand for high-speed optical communication systems, coupled with the increasing penetration of LiDAR technologies in autonomous vehicles, has been a significant growth driver for this market. Furthermore, advancements in medical imaging technologies and industrial automation applications are anticipated to further fuel market expansion. The growing emphasis on sophisticated sensors and communication devices in various industries adds to the positive trajectory of the APD market. Additionally, the ongoing research and development activities aimed at enhancing the performance and efficiency of APDs present lucrative opportunities for market players.

Growth Factor of the Market

The growth of the Avalanche Photodiode (APD) market can be attributed to a multitude of factors that collectively foster its expansion. Firstly, the escalating demand for high-speed data transmission in telecommunication networks is driving the adoption of APDs, which are known for their high sensitivity and rapid response time. Furthermore, the proliferation of optical fiber networks worldwide plays a pivotal role in enhancing the market potential, as APDs are essential components in these systems. The increasing utilization of LiDAR technology in automotive applications, particularly in the development of autonomous vehicles, is another significant growth factor, propelling the demand for high-performance APDs. Additionally, the ongoing advancements in medical imaging technologies, where APDs are used to detect low levels of light, are creating new opportunities for the market. Lastly, the growing trend toward automation in various industries, including manufacturing and logistics, is further driving the need for efficient sensing solutions like APDs, thus providing a robust foundation for market growth.

Key Highlights of the Market

• The APD market is experiencing significant growth, projected to reach USD 2.3 billion by 2035.
• High-speed data transmission demands in telecommunications are a primary market driver.
• LiDAR technology applications in automotive industry are expanding, boosting APD utilization.
• Advancements in medical imaging technologies are creating new opportunities for market players.
• Automation trends across industries are increasing the adoption of efficient sensing solutions.

By Type

PN APD:

PN Avalanche Photodiodes (PN APDs) are characterized by their relatively simple structure and operational efficiency. These devices utilize a p-n junction and are widely adopted due to their ability to convert light into electrical signals with high gain, making them suitable for applications requiring low light detection. The PN APD segment benefits from extensive use in telecommunications where sensitivity to low light levels is crucial. As such, the growing telecommunication infrastructure and demand for efficient optical communication systems continue to bolster the market for PN APDs. Moreover, their cost-effectiveness and reliability in various environmental conditions make them a preferred choice in several applications.

PIN APD:

PIN Avalanche Photodiodes (PIN APDs) provide a higher level of efficiency compared to traditional PN APDs, primarily due to their intrinsic layer that enhances the device's response time and performance. This type of APD is particularly favored in high-speed applications, including fiber optic communication, where rapid signal processing is essential. The increasing deployment of 5G networks and the rising demand for bandwidth are expected to significantly drive the growth of the PIN APD segment. Additionally, their capacity to operate effectively in both analog and digital formats makes them versatile components in diverse electronic systems, further contributing to their market strength.

Schottky APD:

Schottky Avalanche Photodiodes (Schottky APDs) are known for their fast response times and are therefore increasingly employed in applications that require high-speed detection of light. The unique design of Schottky diodes allows for lower capacitance, which is a significant advantage in high-frequency applications, such as telecommunication systems and signal detection in radar technologies. Moreover, as the demand for rapid and efficient data transmission rises, the Schottky APD segment is poised for growth, particularly in sectors that necessitate robust light detection capabilities. Their wide application in the aerospace and defense industries further enhances their market potential.

Separate Absorption and Multiplication APD:

Separate Absorption and Multiplication Avalanche Photodiodes (SAM-APD) are gaining traction due to their superior performance in detecting very low light levels while maintaining high gain and low noise. This type of APD operates with a design that separates the absorption of photons from the multiplication process, resulting in enhanced efficiency and sensitivity. SAM-APDs are particularly beneficial in applications like medical imaging and environmental monitoring, where precision and accuracy are crucial. Their growing adoption in scientific research and industrial applications continues to expand the opportunities for this segment in the APD market.

Others:

The "Others" segment encompasses a variety of specialized Avalanche Photodiodes that do not fit into the conventional categories. This includes emerging technologies and designs geared towards niche applications, such as those in quantum computing and advanced sensing technologies. As innovation continues in the field of photonics, this segment is expected to grow as new types of APDs are developed to meet specific needs in various industries. The expansion of research and development activities aimed at optimizing performance and functionality also supports the growth of this segment.

By Material

Silicon APD:

Silicon Avalanche Photodiodes (Si APDs) are widely recognized for their excellent performance in optical communication systems due to the abundance and cost-effectiveness of silicon as a semiconductor material. These APDs are particularly valued in telecommunications and consumer electronics for applications that require reliable detection of light with good sensitivity. The continuous advancements in silicon-based photonic devices and the increasing demand for optical fiber communications are anticipated to drive the growth of the silicon APD segment. Furthermore, the ability of silicon APDs to operate efficiently in various environmental conditions further enhances their market appeal.

Germanium APD:

Germanium Avalanche Photodiodes (Ge APDs) are particularly beneficial in optical communication systems due to their sensitivity in the infrared spectrum. They are increasingly being deployed in long-haul fiber optic applications, where their performance in detecting longer wavelengths is crucial. The growing demand for high-speed broadband services and the expansion of telecommunication infrastructures across regions are boosting the Germanium APD market. Moreover, advancements in manufacturing technologies aimed at enhancing the performance metrics of Germanium APDs continue to provide opportunities for market growth.

InGaAs APD:

Indium Gallium Arsenide Avalanche Photodiodes (InGaAs APDs) are renowned for their exceptional performance in the near-infrared region, making them ideal for applications in optical fiber communication and sensor technologies. Their ability to operate at higher temperatures and their low noise characteristics make them a preferred choice in high-performance data transmission systems. As the demand for high-speed data transfer and optical communication systems escalates, the InGaAs APD segment is expected to experience substantial growth. Additionally, the ongoing research to enhance the efficiency and performance of InGaAs materials contributes positively to this segment.

Others:

The "Others" material segment includes a variety of alternative materials utilized in the fabrication of Avalanche Photodiodes, which may include compounds like Gallium Nitride and other emerging materials that cater to specialized applications. These alternative materials are often researched and developed for niche markets, where traditional materials may not meet the required performance specifications. The increasing focus on innovative material science to enhance sensitivity, performance, and application range of APDs supports potential growth in this segment, particularly in emerging technologies and applications that demand unique characteristics.

By Application

Optical Communication:

The application of Avalanche Photodiodes in optical communication is one of the most significant drivers of the market. APDs are crucial components in fiber optic communication systems, where they function to detect and convert light signals into electrical signals with high efficiency and speed. As global telecommunication networks expand and the demand for faster data transmission increases, the need for advanced optical communication technologies is projected to rise. This trend is expected to propel the growth of the optical communication segment within the APD market, particularly with the ongoing rollout of 5G networks and enhanced broadband services. The reliability and performance of APDs in long-distance communication systems underscore their importance in this application.

LiDAR:

LiDAR (Light Detection and Ranging) technology is rapidly gaining traction across various sectors, including automotive, environmental monitoring, and urban planning, where precise distance measurement and mapping are essential. APDs are increasingly being utilized in LiDAR systems due to their high sensitivity and ability to detect weak light signals reflected from surfaces. As the automotive industry moves towards the development of autonomous vehicles, the demand for advanced LiDAR systems equipped with APDs is expected to grow significantly. The proliferation of smart city initiatives and advancements in geospatial technologies further enhance the market potential for APDs in LiDAR applications, making it one of the pivotal growth areas within the APD landscape.

Medical Imaging:

In the field of medical imaging, Avalanche Photodiodes are employed for their exceptional light detection capabilities, which are vital in technologies such as Positron Emission Tomography (PET) and other imaging modalities. The growing global healthcare sector, coupled with advances in imaging technologies, is driving the demand for APDs in this application. Their ability to provide high-resolution images while detecting low light levels is crucial for accurate diagnostics and imaging procedures. As healthcare providers continue to invest in advanced imaging technologies to improve patient outcomes, the APD market in medical imaging is set to expand significantly.

Industrial Automation:

APDs play a crucial role in industrial automation systems, where they are utilized in various sensors and detection systems to ensure operational efficiency and safety. The rise of Industry 4.0 and the integration of IoT technologies in manufacturing processes are driving the demand for advanced sensing solutions, including APDs. Their ability to operate effectively in harsh industrial environments while providing fast and reliable detection capabilities makes them essential components in automation systems. The increasing focus on improving productivity and reducing operational costs in manufacturing sectors underscores the growth potential of the APD market in industrial automation applications.

Others:

The "Others" application segment includes a diverse array of uses for Avalanche Photodiodes, ranging from scientific research to specialized sensing applications in various fields. This segment encompasses emerging applications in areas like quantum computing and environmental monitoring, where unique characteristics of APDs can be exploited for innovative solutions. As research and development efforts continue to explore the potential of APDs in various new domains, this segment is expected to experience growth driven by technological advancements and the evolving needs of different industries.

By End-Use Industry

Telecommunication:

The telecommunication industry is one of the primary end-users of Avalanche Photodiodes, primarily due to their critical role in fiber optic communication systems. The rapid expansion of telecommunication infrastructure globally, coupled with the ongoing transition towards higher bandwidth and faster data transfer rates, is driving the demand for APDs. The continued rollout of 5G networks and the need for efficient data handling capabilities further enhance the relevance of APDs in this sector. As telecommunication companies seek to improve service quality and address the increasing data demands, the APD market within this industry is projected to grow significantly.

Healthcare:

In the healthcare sector, Avalanche Photodiodes are pivotal in medical imaging applications, enhancing diagnostic capabilities through accurate light detection. The growing focus on advanced imaging technologies in diagnostics, such as PET scans and other imaging modalities, is driving the demand for APDs. The increasing investment in healthcare infrastructure, particularly in developing regions, is further propelling market growth. As healthcare providers aim to enhance patient care and diagnostic accuracy, the uptake of APDs in this sector is set to witness substantial growth, emphasizing their critical role in medical applications.

Automotive:

The automotive industry is increasingly recognizing the significance of Avalanche Photodiodes, particularly in the context of LiDAR applications for autonomous vehicles. As the industry pushes towards innovative solutions that enhance vehicle safety and performance, the demand for high-performance APDs in LiDAR systems is expected to soar. Moreover, the integration of smart technologies in vehicles, including advanced driver-assistance systems (ADAS), further highlights the importance of APDs in automotive applications. With the surge in electric and autonomous vehicle developments, the APD market in the automotive sector is poised for robust growth.

Aerospace & Defense:

In the aerospace and defense industries, Avalanche Photodiodes are critical components in various sensing and imaging systems, ranging from satellite communication to surveillance technologies. The demand for reliable and efficient light detection systems in these sectors is driven by the need for advanced capabilities in harsh environments. As governments and defense agencies increase their investments in aerospace technologies and national security, the APD market in this sector is expected to grow significantly. The unique properties of APDs, including their performance in extreme conditions, make them essential in aerospace and defense applications.

Others:

The "Others" segment encompasses a variety of other industries that utilize Avalanche Photodiodes for specialized applications. This includes sectors like research laboratories, environmental monitoring, and security systems. The versatility of APDs allows them to cater to unique requirements across different applications, enabling their adoption in niche markets. As innovations continue in photonics and sensing technologies, the growth of this segment is likely to be driven by advancements in applications that leverage the unique capabilities of APDs, fostering a diverse range of opportunities.

By Region

The regional analysis of the Avalanche Photodiode (APD) market indicates that North America holds a significant share due to the presence of advanced telecommunication infrastructure and a high concentration of key players in the region. This market is projected to grow at a CAGR of approximately 9.0% during the forecast period, driven by innovations in fiber optic technology and increasing demand for high-speed communication systems. Furthermore, the healthcare sector in North America, particularly in the U.S. and Canada, is increasingly adopting advanced imaging technologies that utilize APDs, further supporting market expansion in this region.

Europe also plays a crucial role in the APD market, accounting for a considerable share of global revenue. The growth of the region is fueled by the increasing investments in automation and advanced sensor technologies across various industries, including automotive and healthcare. Additionally, the rising focus on developing smart cities and enhancing telecommunication networks within Europe contributes to the increasing demand for Avalanche Photodiodes. The Asia Pacific region is expected to witness rapid growth as well, with a projected CAGR of 8.8%, driven by the rising demand for telecommunication and automotive applications in countries like China, Japan, and India. The combined market share of the other regions such as Latin America and the Middle East & Africa remains smaller, but they are beginning to see increased investments in technology and infrastructure, which could lead to growth in APD adoption.

Opportunities

The Avalanche Photodiode (APD) market presents numerous opportunities for growth and innovation, particularly in emerging applications and technologies. One of the most significant opportunities lies in the advancements in optical communication systems, especially with the ongoing deployment of 5G networks. As telecommunications providers seek to enhance their infrastructure to support higher data transfer rates, the demand for high-performance APDs is expected to surge. Furthermore, the integration of APDs in next-generation LiDAR systems for autonomous vehicles is another promising avenue. As automotive manufacturers invest in developing autonomous technologies, the need for sophisticated sensing solutions like APDs will drive market growth. Additionally, with the increasing emphasis on smart city initiatives and sustainable urban developments, there are substantial opportunities for APDs in various sensing and monitoring applications, fostering innovation in the industry.

Moreover, the healthcare sector continues to expand its utilization of Avalanche Photodiodes, particularly in medical imaging applications. The ongoing research efforts aimed at improving imaging technologies and enhancing diagnostic capabilities create a conducive environment for APD market growth. The rising investments in healthcare infrastructure and the advent of new imaging techniques are anticipated to contribute positively to market expansion. Furthermore, as industries increasingly adopt automation technologies, the demand for efficient sensing and detection solutions will bolster the APD market. Continuous research and development initiatives to improve the product offerings and explore new applications will also open up avenues for key players to capitalize on these emerging opportunities, driving overall market growth.

Threats

Despite the promising growth potential of the Avalanche Photodiode market, several threats may hinder its progress. One of the primary concerns is the intense competition among key players, which can lead to price wars and reduced profit margins. As companies strive to innovate and offer superior products, the pressure to maintain competitive pricing may impact their financial sustainability. Additionally, the rapid pace of technological advancements poses a constant challenge, as manufacturers must consistently adapt to new technologies and shifting consumer demands. Failure to keep up with these trends could result in a loss of market share. Moreover, geopolitical tensions and trade restrictions could disrupt the supply chain for APD components, impacting production schedules and overall market dynamics.

Another significant threat to the APD market is the emergence of alternative technologies that may provide similar or better performance at a lower cost. For instance, advancements in other types of photodetectors or sensing technologies may draw investments away from APDs, limiting their adoption in certain applications. Additionally, the reliance on specific raw materials for manufacturing APDs may expose the industry to supply chain vulnerabilities, especially in volatile market conditions. Given these factors, stakeholders in the Avalanche Photodiode market must remain vigilant and agile to navigate potential threats and maintain their competitive edge.

Competitor Outlook

• Hamamatsu Photonics K.K.
• Excelitas Technologies Corp.
• Micro Photonics Inc.
• First Sensor AG
• Laser Components GmbH
• Siemens AG
• Thorlabs Inc.
• Osram Licht AG
• Newport Corporation
• Semtech Corporation
• Photonis Technologies
• On Semiconductor Corporation
• Broadcom Inc.
• AIXTRON SE
• Teledyne Technologies Inc.

The competitive landscape of the Avalanche Photodiode market is characterized by a diverse range of players, each striving to capture market share through innovation and technological advancements. Major companies like Hamamatsu Photonics and Excelitas Technologies are leading the charge, offering a wide array of APD products designed to cater to various industrial applications. These companies invest heavily in research and development initiatives aimed at enhancing the performance and efficiency of their products, ensuring they remain at the forefront of market trends. Additionally, strategic partnerships and collaborations with other industry players are common strategies adopted by these companies to strengthen their product offerings and expand their market reach.

Moreover, companies such as Micro Photonics and First Sensor AG focus on niche applications, providing specialized APD solutions tailored to specific customer requirements. These players often differentiate themselves by offering high-quality, reliable products, and exceptional customer service. The growing emphasis on customization and performance optimization has become a key selling point in the competitive landscape, drawing attention from diverse end-user industries. Furthermore, with the growing interest in photonic technologies, several emerging companies are entering the market, introducing innovative APD solutions that challenge established players and drive further competition.

Key industry players are also expanding their product lines and exploring new markets to sustain growth. For instance, companies like Teledyne Technologies and Broadcom are continually diversifying their portfolio to include advanced APD technologies that align with current trends in telecommunications, healthcare, and automotive applications. As demand for high-performance sensing solutions continues to rise, these companies are well-positioned to capitalize on emerging opportunities and maintain their competitive edge in the Avalanche Photodiode market. The emphasis on technological innovation, coupled with strategic market positioning and customer-centric approaches, will shape the future of the APD industry.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 AIXTRON SE
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Siemens AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Broadcom Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Thorlabs Inc.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Osram Licht AG
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 First Sensor AG
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Newport Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Semtech Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Micro Photonics Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Laser Components GmbH
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Photonis Technologies
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Hamamatsu Photonics K.K.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Teledyne Technologies Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Excelitas Technologies Corp.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 On Semiconductor Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Avalanche Photodiode APD Market, By Type
    • 6.1.1 PN APD
    • 6.1.2 PIN APD
    • 6.1.3 Schottky APD
    • 6.1.4 Separate Absorption and Multiplication APD
    • 6.1.5 Others
  • 6.2 Avalanche Photodiode APD Market, By Material
    • 6.2.1 Silicon APD
    • 6.2.2 Germanium APD
    • 6.2.3 InGaAs APD
    • 6.2.4 Others
  • 6.3 Avalanche Photodiode APD Market, By Application
    • 6.3.1 Optical Communication
    • 6.3.2 LiDAR
    • 6.3.3 Medical Imaging
    • 6.3.4 Industrial Automation
    • 6.3.5 Others
  • 6.4 Avalanche Photodiode APD Market, By Use Industry
    • 6.4.1 Telecommunication
    • 6.4.2 Healthcare
    • 6.4.3 Automotive
    • 6.4.4 Aerospace & Defense
    • 6.4.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Avalanche Photodiode APD Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Avalanche Photodiode APD market is categorized based on

By Type

• PN APD
• PIN APD
• Schottky APD
• Separate Absorption and Multiplication APD
• Others

By Material

• Silicon APD
• Germanium APD
• InGaAs APD
• Others

By Application

• Optical Communication
• LiDAR
• Medical Imaging
• Industrial Automation
• Others

By Use Industry

• Telecommunication
• Healthcare
• Automotive
• Aerospace & Defense
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Hamamatsu Photonics K.K.
• Excelitas Technologies Corp.
• Micro Photonics Inc.
• First Sensor AG
• Laser Components GmbH
• Siemens AG
• Thorlabs Inc.
• Osram Licht AG
• Newport Corporation
• Semtech Corporation
• Photonis Technologies
• On Semiconductor Corporation
• Broadcom Inc.
• AIXTRON SE
• Teledyne Technologies Inc.