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DGAP-News: First Sensor AG: Industrial process control remains a focus of First Sensor

DGAP-News: First Sensor AG / Key word(s): Miscellaneous
First Sensor AG: Industrial process control remains a focus of First Sensor

23.04.2018 / 08:00
The issuer is solely responsible for the content of this announcement.


Industrial process control remains a focus of First Sensor
Technology company generates EUR32.7 million with sensors for Industry 4.0 in 2017.

Starting today, companies from all around the world are meeting in Hanover to present their innovations for industry. The focus here is on the increasing automation of processes, work steps and entire production sequences. The digital association Bitkom has calculated that sales with Industry 4.0 solutions will grow by more than a fifth to EUR7.2 billion in Germany alone in 2018. This field of application is a key focus for First Sensor, too: In 2017 the company generated EUR32.7 million with standard products and customer-specific sensor solutions for industrial process control. This is therefore the most important application area in the Industrial target market, in which First Sensor generated sales totaling EUR75.1 million in the past fiscal year.

"Sensors play a key role in smart factories: Their data form the basis for the growing digitalization of industrial processes. In this context, we are observing an increase in the importance of optical sensors. The light radar Lidar is not only a trend technology when it comes to the introduction of piloted driving, but has also been at home in industry for many years already. In addition to traditional length measurement, new applications such as the control of collaborating robots, autonomous transport systems and logistics drones are currently emerging," explains Dr. Dirk Rothweiler, CEO of First Sensor AG, who is using the Hannover Messe trade show to hold conversations with key customers. First Sensor is one of the leading producers of avalanche photodiodes. The detectors identify invisible flashes of light with which the Lidar scanner puts together a 360˚ picture of the surrounding area.

In addition to optical sensors, pressure sensor technology is still a key element for the control of industrial processes. "As well as Germany, growing demand can be seen in Asia in particular," says Dr. Rothweiler. For example, since 2012 First Sensor has been supplying a Chinese industrial company with pressure sensor components for high-precision process transmitters. These are used in the chemicals industry and other sectors to regulate flow rates in pipelines and replace manual control with mechanical units or valves. Since this collaboration began, the company has increased its demand by an average of around 10% per year. There are also plans to develop a customer-specific solution for a new generation of process transmitters that allow for an even more precise measuring quality.

About First Sensor AG
In the growth market of sensor systems, First Sensor develops and produces standard products and customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Based on innovative technology platforms, we develop products such as chips, components, sensors, and entire sensor systems. Trends such as Industry 4.0, autonomous driving, and the miniaturization of medical technology will drive our growth extremely rapidly in the future. First Sensor was founded in Berlin in 1991 and has been listed on the Frankfurt Stock Exchange (SIS) since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN: DE0007201907 Ι SIS]. For more details on First Sensor, please visit www.first-sensor.com.

Disclaimer
Statements in this Corporate News relating to future developments are based on a prudent estimate of future events. Actual events may deviate from planned events, as they depend on a large number of market and economic factors, some of which are outside of the company's control.

Printable images
For printable images please visit https://www.first-sensor.com/en/company/press/picture-archive. First Sensor AG owns the rights to the images. Please make reference to this when using the material.

First Sensor AG
Peter-Behrens-Str. 15
12459 Berlin
Deutschland
Contact:
Corinna Krause
E-Mail: ir@first-sensor.com
T +49 30 639923-571
 

 

 



23.04.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-760
Fax: +49 (0)30 63 99 23-719
E-mail: ir@first-sensor.com
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

677329  23.04.2018 

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Company
First Sensor is one of the world's leading suppliers in the field of sensor systems. In the growth market of sensor systems, First Sensor develops and produces customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Our goal here is to identify, meet and solve the challenges of the future with our innovative sensor solutions early on.
Investor Relations
Our investor relations activities aim at raising the international publicity of First Sensor AG and at consolidating and extending the perception of our share as an attractive growth stock. This means we keep our online communication transparent, comprehensive and continuous in order to enhance your trust in our share.
Tailored Solutions
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Competencies
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Career
Innovation, excellence, proximity – these are our values, our ambition, our drive. Anything less is not an option. Our sensor solutions stand for technical innovation and economic growth. As such, they form the basis for the development and application of new technologies in almost all areas of life. We aim to shape this future together with you.

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