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Corporation
ELECTRONICS | Technical & Scientific Instrumentation
advancedphotonix.com

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Founded Year

1988

Stage

Acq - P2P | Acquired

About Advanced Photonix

Advanced Photonix (API), Inc. is a supplier of optoelectronic sensors, devices and instruments used by Test and Measurement, Process Control, Medical, Telecommunication and Homeland Security markets. API has three product lines: High-Speed Optical Receiver (HSOR) products are used by the telecommunication market in both telecommunication equipment and in test and measurement equipment utilized in the manufacturing of telecommunication equipment. The Terahertz sensor product line is targeted to the Process Control (including through non-destructive testing) and Security markets. API's T-Gauge sensor can measure subsurface physical properties, like multi-layers thicknesses, density, moisture content, anomaly detection and some chemical features, online and in real time. Optosolutions focuses on enabling manufacturers to measure physical properties, including temperature, particular counting, color, and fluorescence for Medical, Homeland Security and Process Control applications.

Advanced Photonix Headquarter Location

2925 Boardwalk

Ann Arbor, Michigan, 48104,

United States

734-864-5600

Latest Advanced Photonix News

North America Terahertz Technology Market Share, Size, Top Companies, Trends, Growth Factors for New Business Opportunities and Investment by 2027

Feb 2, 2021

North America Terahertz Technology Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Terahertz Sources and Terahertz Detectors), Type (Terahertz Imaging Systems, Terahertz Spectroscopy Systems, and Terahertz Communication System), and Application (Medical & Healthcare, Defense and Security, Food & Agriculture, Industrial, and Others) By SMN Bureau Terahertz Communication System Segment to Dominate North America Terahertz Technology Market during the forecast period (2020 - 2027) According to The Insight Partners market research study on “North America Terahertz Technology Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Component, Type, and Application,” is expected to reach US$ 497.16 Mn by 2027 from US$ 74.01 Mn in 2019. The market is estimated to grow at a CAGR of 27.1% from 2020 to 2027. The report provides trends prevailing in the North America terahertz technology market along with the drivers and restraints pertaining to the market growth. Rising demand of terahertz technology from the defense, homeland security, and medical sectors are the major factor driving the growth of the North America terahertz technology market. However, lack of awareness and unavailability of skilled professionals hinder the growth of North America terahertz technology market. North America is one of the most important region for the adoption and growth of new technologies owing to favorable government policies to boost innovation, presence of huge industrial base, and high adoption of automation in various industries especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the economic growth of the region in a negative manner. Presently, the US is the worst affected country due to COVID-19 outbreak with more than 1.32 million confirmed cases and more than 79,000 deaths by 5th May 2020. The US is one of the largest markets for terahertz technology owing to the presence of prominent medical and healthcare, defense & security manufacturer in the region which further enhance the procurement of terahertz technology. Get Sample PDF of this Report @  https://www.theinsightpartners.com/sample/TIPRE00013325/ The market for terahertz technology market is segmented into component, type, application, and country. Based on component, the market is segmented into terahertz sources and terahertz detectors. In 2019, the terahertz detectors segment held the largest share in North America terahertz technology market. On the basis of type the terahertz technology market is divided into terahertz imaging systems, terahertz spectroscopy systems, and terahertz communication system. Terahertz imaging systems segment held the largest share in 2019. Similarly, based on application, the market is bifurcated into medical & healthcare, defense & security, food & agriculture, industrial, and others. The medical & healthcare segment contributed a substantial share in 2019. Terasense Group Inc., Teraview limited, Advantest Corporation, Toptica Photonics AG, Luna Innovations Inc., Menlo Systems GmbH, Advanced Photonix Inc., and Microtech Instrument Inc. are among the leading companies in the North America terahertz technology market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, Luna Innovations announced its merger with Advanced Photonix Inc. to form new division named as "PicoMetrix". This new division comprises of terahertz products, suite of fiber optic test and sensing products of Luna Innovations. Access full Report Description, TOC, Table of Figure, Chart, etc. @  https://www.theinsightpartners.com/buy/TIPRE00013325/ The report segments the North America Terahertz Technology market as follows: Terahertz Technology Market – By Component Terahertz Sources Terahertz Imaging Systems Medical & Healthcare US

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Advanced Photonix Patents

Advanced Photonix has filed 2 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/5/2013

2/16/2016

Capacitors, Electronic design, Electronic test equipment, Electrodes, Integrated circuits

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00/00/0000

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Application Date

7/5/2013

00/00/0000

Grant Date

2/16/2016

00/00/0000

Title

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Related Topics

Capacitors, Electronic design, Electronic test equipment, Electrodes, Integrated circuits

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Status

Grant

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