As the electronics industry undergoes a significant revolution, driven by the emergence of new electronic companies, we see a transformation in how electronics are manufactured, inspected, and utilized. The industry sees the development of advanced automated inspection systems for printed electronics to precision laser trimming for enhanced component performance.
This article will delve into:
- Profiles of 10 Pioneering New Electronics Companies
- How to Scout Innovative Electronics Companies Easily
Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the electronics industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Electronics Industry Trends: The latest trends in the electronics industry include microelectronics, printed electronics, organic electronics, advanced integrated circuit (IC) packaging, and embedded systems.
- Electronics Industry Stats: The electronics industry encompasses 65K organizations, and has a 5.2M-strong workforce. It is experiencing a dip of 2.49% in annual growth rate but has seen the emergence of 8K new electronics companies in the past 5 years.
- 10 Electronics Companies to Watch:
- L-Tris – Laser Trimming
- Elnux – Embedded Devices
- Elve – Millimeter Wave Amplifiers
- PDot – Nanomaterials for Printed Electronics
- TRACQ – Automated Printed Electronics Inspection
- III-V Technologies – Transistor Designing
- Lotus Microsystem – Power Silicon Interposer
- Electropin – Custom Connector Pins
- VE2DX Electronics – Ham Radio Electronic Products
- Nascent Semi – Extreme Environment Electronics
Discover 10 Out of 8K+ Emerging Electronics Companies
In this segment, we spotlight 10 electronic manufacturing companies embracing challenges such as the need for precision in printed electronics, durability in extreme conditions, and the demand for custom connectivity solutions. These companies respond to market needs while predicting and shaping the future of the electronics industry. By leveraging advanced manufacturing techniques, new sustainable materials, and smart technologies, these companies establish new standards and open up possibilities in the electronics sector.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. Signal Strength gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. L-TRIS
- Founding Year: 2020
- Employee Range: 11-50
- Location: Germany
- Signal Strength: Very Strong
- What they do: L-TRIS manufactures and provides laser systems tailored for precision adjustment of resistors, capacitors, and inductors. It offers three products: ChipR, Circuit, and Wafer. The company’s technology employs lateral laser cuts to modify resistor values by increasing resistance, while for capacitors, it reduces capacitance by removing cover electrodes. This method allows for fine-tuning of various electrical outputs such as resistance, voltage, current, and frequency using precise measurement tools.
2. Elnux
- Founding Year: 2019
- Employee Range: 2-10
- Location: Lithuania
- Signal Strength: Very Strong
- What they do: Elnux provides system modules, single-board computers, and a global system for mobile communication (GSM) remote controllers. Its products include ESOM100, ESOM100QS, EMC100, and EIO100. These products cater to agriculture, automation, control systems, and monitoring. Elnux thus assists projects by developing customized products in a short time.
3. Elve
- Founding Year: 2020
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very Strong
- What they do: Elve constructs millimeter wave amplifiers using advanced materials and additive manufacturing to enhance vacuum electronics. The company uses a scandate tungsten matrix with a heating element to make traveling-wave tube amplifiers (TWTA). It offers six power amplifier systems – Garnet, Carmine, Amaranth, Carnelian, Vermilion, and Crimson. These amplifiers find applications in wireless communications, imaging, radar, energy, and defense sectors.
4. PDot
- Founding Year: 2019
- Employee Range: 2-10
- Location: Greece
- Signal Strength: Medium Strong
- What they do: PDoT develops nanomaterials and inks for printed electronics. Its offerings include organic nanoparticles, carbon-based nanomaterials, and inorganic nanoparticles. Additionally, the company creates nanoparticle-based inks for printing and deposition methods. This way, it enables low-cost, high-throughput fabrication of organic and printed electronic devices like heaters, sensors, and thermoelectric generators used in IoT applications.
5. TRAQC
- Founding Year: 2020
- Employee Range: 2-10
- Location: Canada
- Signal Strength: Very Strong
- What they do: TRAQC offers an automated, real-time inspection system that monitors the manufacturing process of printed and additive electronics. The company’s product, TRAQC Model I, integrates into production lines and offers in-line, at-speed, real-time, and retrofittable quality control without physical contact. Thus, TRAQC reduces costs and accelerates the pace of flexible displays and energy products.
6. III-V Technologies
Founding Year: 2020
Employee Range: 2-10
Location: Austria
Signal Strength: Strong
What they do: III-V Technologies offers a multi-purpose sensor, junction-gate field-effect transistor (JFET), high electron mobility transistor (HEMT), and superconductive transistor. They find applications in energy-efficient processors, interfaces for quantum computing transistors, and more.
7. Lotus Microsystems
Founding Year: 2020
Employee Range: 11-50
Location: Denmark
Signal Strength: Very Strong
What they do: Lotus Microsystems offers a power silicon interposer that handles higher currents and voltages. It features thick-copper redistribution layer (RDL) patterning, double-sided wafer routing, precise silicon etching, and high-aspect ratio through-silicon-vias (TSVs). The technology caters to consumer electronics, high-performance computing (HPC), and power-system-in-package (PSiP) solutions that need high-power-density converters with noise immunity.
8. Electropin
Founding Year: 2019
Employee Range: 2-10
Location: USA
Signal Strength: Very Strong
What they do: Electropin manufactures custom contact pins utilizing its automatic die-rolling technology and cold-forming process. This process converts raw material into shapes by pressing it into a custom die, ensuring conformity without waste. The pin types include star, tabs, inscribed square, and flat options. The company’s process ensures cost-effective production, high speed, and low error rate.
9. VE2DX Electronics
Founding Year: 2023
Employee Range: 2-10
Location: Canada
Signal Strength: Strong
What they do: VE2DX Electronics makes electronic products for ham radio. Some of its products include meters, breakout boxes, hubs, high-definition multimedia interface (HDMI) interfaces, and remote antenna switches. Moreover, the company’s products enhance communication and automate radio stations.
10. Nascent Semi
Founding Year: 2021
Employee Range: 1-10
Location: UK
Signal Strength: Medium Strong
What they do: Nascent Semi’s wide band-gap silicon carbide (SiC) technology increases electronic performance at high temperatures. SiC devices excel in radiation resilience, efficiency, and power switching, minimizing losses in demanding power electronic roles. This enables applications across sectors facing harsh environments, such as automotive, oil and gas, aerospace, and defense.
Quick Tip to Find New Electronics Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new electronics companies provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency/Increased Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying electronic innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the electronics industry. The platform keeps you informed with near real-time updates on emerging electronics companies and news, enabling you to make swift and informed decisions.
- Tailored Exploration/Precise Scouting: Customize your search to focus on specific niches within the electronics sector, such as microelectronics, printed electronics, or organic electronics. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All Electronics Companies?
We’ve explored the dynamic landscape of the electronics industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our detailed electronics manufacturing report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments.
