{"id":23129,"date":"2022-09-14T09:10:52","date_gmt":"2022-09-14T07:10:52","guid":{"rendered":"https:\/\/p-xq7l1i.project.space\/?page_id=23129"},"modified":"2025-09-09T13:42:17","modified_gmt":"2025-09-09T11:42:17","slug":"electronics-and-automation","status":"publish","type":"page","link":"https:\/\/aquin.com\/en\/industries\/electronics-and-automation\/","title":{"rendered":"Electronics and automation"},"content":{"rendered":"

back to industry overview<\/a><\/p>\n<\/div>

ELECTRONICS & AUTOMATION<\/h1><\/div>

Automation is key to digitalization and progressing towards Industry 4.0, which communicates data from manufacturing and production processes with integrated IT systems across the entire value chain. Megatrends, such as globalization, health awareness, environmental protection and an increasing level of prosperity will be significantly enabled by a continuously increasing degree of automation in all areas of daily life. M&A activities play a central role for companies in the automation sector: not only to protect competitive advantages, but also to increase innovative strength and strengthen inorganic growth globally and in the home market through the acquisition of key technologies and skilled employees.<\/p>\n

Applications of automation solutions can be found almost everywhere: from process plants to production lines, from ventilators and the monitoring of vital parameters to building control (smart home) and household appliances; from autopilots in cars, aircraft, ships and trains to safety equipment and maintenance monitoring.<\/p>\n

Thanks to our network, partly due to the former activity of Dr. J\u00fcrgen Kuttruff as head of the RFID business at Infineon, as well as our contacts from our Senior Advisors, we have been able to successfully execute a considerable number of projects for both medium-sized and large companies. As experts in the industry and regular partners in transactions, almost every door opens for us in the course of an active M&A process.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

ELECTRONICS & AUTOMATION \u2013 FACTS, FIGURES, BACKGROUND<\/h1><\/div><\/div><\/div>
EV\/EBITDA Multiple Development.<\/a><\/div><\/div>

The chart visualizes the development of the median EV\/EBITDA multiple of listed companies in the industrial automation sector. It also shows the interquartile range (IQR), which comprises 50% of all EV\/EBITDA multiples observed. It can be seen that the median multiple has stabilized at a level above the initial level of 2020 despite ongoing uncertainties after the peak of the corona pandemic. This indicates continued confidence in the future performance of the industry.<\/p>\n<\/div>

Constituents: ABB Ltd; Ambarella, Inc.; Amphenol Corporation; ams-OSRAM AG; Analog Devices, Inc.; Atlas Copco AB; ATS Automation Tooling Systems Inc.; Aumann AG; Belden Inc.; Bystronic AG; Cognex Corporation; CTS Corporation; D\u00fcrr Aktiengesellschaft; Eaton Corporation plc; Emerson Electric Co.; Fortive Corporation; Gefran S.p.A.; Hexagon AB (publ); INFICON Holding AG; Infineon Technologies AG; Interroll Holding AG; Jenoptik AG; Kardex Holding AG; Keysight Technologies, Inc.; KION GROUP AG; Komax Holding AG; Lincoln Electric Holdings, Inc.; MAX Automation SE; Mikron Holding AG; Novanta Inc.; Regal Rexnord Corporation; Renishaw plc; Rockwell Automation, Inc.; Roper Technologies, Inc.; Schneider Electric S.E.; Sensirion Holding AG; Siemens Aktiengesellschaft; Silicon Laboratories Inc.; Spectris plc; TE Connectivity Ltd.; Teradyne, Inc.; TT Electronics plc
\nQuelle: Aquin Research, Capital IQ<\/p>\n<\/div><\/div><\/div><\/div><\/div>\n<\/div>

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Aquin Industrial Automation Index<\/a><\/div><\/div>

The chart shows the performance of the Aquin Industrial Automation Index<\/strong> compared to the MSCI World Index<\/strong> and the NASDAQ Composite<\/strong> from July 2020 to July 2025. The Aquin Index tracks companies in the field of industrial automation\u2014such as robotics, sensors, and industrial software.<\/p>\n

Over much of the period, it outperforms the MSCI World and at times moves in line with the NASDAQ, indicating strong structural growth in the sector. Key drivers include labor shortages, automation trends, and the use of AI in industrial processes. Despite temporary setbacks\u2014caused by rising interest rates or global economic slowdowns\u2014the long-term trend remains intact. The sector offers strong opportunities but is also sensitive to industrial investment cycles.<\/p>\n<\/div>

Constituents: ABB Ltd; Ambarella, Inc.; Amphenol Corporation; ams-OSRAM AG; Analog Devices, Inc.; Atlas Copco AB; ATS Automation Tooling Systems Inc.; Aumann AG; Belden Inc.; Bystronic AG; Cognex Corporation; CTS Corporation; D\u00fcrr Aktiengesellschaft; Eaton Corporation plc; Emerson Electric Co.; Fortive Corporation; Gefran S.p.A.; Hexagon AB (publ); INFICON Holding AG; Infineon Technologies AG; Interroll Holding AG; Jenoptik AG; Kardex Holding AG; Keysight Technologies, Inc.; KION GROUP AG; Komax Holding AG; Lincoln Electric Holdings, Inc.; MAX Automation SE; Mikron Holding AG; Novanta Inc.; Regal Rexnord Corporation; Renishaw plc; Rockwell Automation, Inc.; Roper Technologies, Inc.; Schneider Electric S.E.; Sensirion Holding AG; Siemens Aktiengesellschaft; Silicon Laboratories Inc.; Spectris plc; TE Connectivity Ltd.; Teradyne, Inc.; TT Electronics plc
\nQuelle: Aquin Research, Capital IQ<\/p>\n<\/div><\/div><\/div><\/div><\/div>\n<\/div>

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SUB INDUSTRIES<\/h1><\/div>

The field of automation covers all plants and components that function completely or partially without human intervention. At Aquin, this sector consists mainly of sensor technology, communication technology as well as control and measurement technology, as evidenced by impressive references and long-term cooperation with industry experts. In addition, the automation industry also includes machine vision technology and robotic components, such as positioners, drives and associated control software. Aquin serves companies at every point in the value chain: from component manufacturers to integrators and solution developers to OEMs.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div>

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\"\"<\/td>\nEDMS, EMS<\/span><\/b><\/strong><\/p>\n

“E(D)MS and electronic assembly development companies manufacture and design electronic devices in all industries.”<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\"\"<\/td>\nCable & Connectors<\/strong><\/p>\n

“Robust cables and connectors between the individual machine components and modules are essential for proper functioning.”<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\"\"<\/td>\nSensor & Measurement Technology<\/strong><\/p>\n

“Sensor technology and associated components are needed to measure and process physiochemical parameters: Mechanical and electronic sensors, (electro-)magnetic sensors, MEMS, optical sensors & cameras, acoustic sensors, (bio-)chemical sensors and others. Thus, sensors enable the detection of a wide variety of environmental conditions for evaluation and interpretation within the overall system.”<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\"\"<\/td>\nNetwork and telecommunication technology<\/strong><\/p>\n

“Complex systems need information exchange and storage capabilities. This requires network technology for data transmission between machine components (wired and wireless), control cabinets (e.g. for power, 19\u2033 network components, servers, etc.), and industrial distribution boards.”<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\"\"<\/td>\nControl and drive technology<\/strong><\/p>\n

“Electric motors, drives or actuators in all shapes, sizes and performance characteristics convert the electric current back into motion to drive machines. The areas of application are almost infinite and so motors can be found in almost all automation solutions. They are complemented by suitable industrial control systems (PLCs) and control components.”<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\"\"<\/td>\nProfessional Power Supplies<\/strong><\/p>\n

“Nothing works without the right power: professional power supplies and (programmable) power supplies are essential for numerous applications such as in research laboratories, production and testing environments (e.g., automotive, semiconductors).”<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\"\"<\/td>\nRobotik<\/span><\/strong><\/b><\/p>\n

“Industrial production is now highly automated by industrial robots, cobots, AGVs and handling technology, and as intelligent multi-body systems, these not only relieve production workers of hazards and monotony, but also work more efficiently and precisely. The manufacturing of high-tech products such as consumer electronics and automobiles would be almost unthinkable without modern robotics.”<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\"\"<\/td>\nIndustrial Software<\/strong><\/p>\n

“Software can be found in numerous solutions in industrial automation, e.g., for the store floor for production control and machine monitoring, ERP systems in goods and material flow control, but also in logistics & SCM. This also includes user software for component configuration and implementation services.”<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\"\"<\/td>\nAutomation Services & Maintance<\/strong><\/p>\n

“Inspection, preventive (remote) maintenance or the rapid supply of spare parts – service companies in industrial automation have to cover a wide range of services.”<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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SELECTED TRANSACTIONS<\/h1><\/div>