TT Electronics

Company Snapshot

Founded: 1988
Entity Type: Public
Employees: 4,284
Region: Asia
Revenue: $665.9 Millions
Revenue Year: 2024
Segment: Global Manufacturing Solutions
Headquarter: Woking, U.K.
Key Geographics: North America, Asia, Europe, Central
Corporate Address: Fourth Floor, St Andrews House, West Street, Woking, Surrey GU21 6EB U.K. Tel. +44-0-1932-825-300 www.ttelectronics.com

Company Overview

TT Electronics is a global provider of design-led electronics technologies for performance-critical applications in specialized markets. The company serves global markets from 26 design and manufacturing facilities and offices in the U.K., North America, Sweden and Asia. Customers range from start-up businesses to global multi-nationals operating in the healthcare, aerospace, defense, automation, electrification, electronics, and energy sectors.

The company operates in three businesses: power and connectivity, global manufacturing solutions, and sensors and specialist components (S&SC). S&SC works with customers to develop high-specification, standard, and customized solutions, including sensors and power management devices.

Optek Technology Inc. operates as a subsidiary of TT Electronics PLC. Based in Plano, Texas, it manufactures optoelectronic solutions for sensing and illumination applications, including office equipment; light curtains, proximity sensors, liquid-level sensors, door-position sensors, encoders and current sensors in industrial markets; and safety-related sensors, security sensors, position sensors, speed sensors, location sensors, electric motor sensors, NC compressor sensors and battery-current sensors in the automotive sector.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
Operating Income: ***

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TT Electronics In Reports

Sensors: Technologies and Global Markets

BCC Research Market Analyst says global market for sensors was valued at $195.1 billion in 2024 and is estimated to increase from $212.5 billion in 2025 to reach $323.3 billion by 2030.

Sensors: Technologies and Global Markets

BCC Research Market Analyst says global market for sensors is estimated to increase from $179.7 billion in 2023 to reach $300.5 billion by 2029, at a CAGR of 8.9%.

Pressure Sensors: Technologies and Global Markets

BCC Research Market Report says global market for pressure sensors is expected to grow from $15.8 billion in 2023 to $25.0 billion by the end of 2028, with a CAGR of 9.6%.

Company's Business Segments

  • Europe : This segment encompasses all the Group’s European operations comprising the manufacturing sites in Sheffield, Bedlington, Manchester, Barnstaple, Nottingham, Abercynon, Fairford and Eastleigh as well as the European sales offices.
  • North America : This segment encompasses all the Group’s North American operations comprising Juarez, Mexicali, Dallas, Minneapolis, Kansas, Denver, Cleveland and Boston.
  • Asia : This segment encompasses all the Group’s Asian operations comprising the manufacturing sites in Suzhou and Kuantan and the Singapore sales office.

Applications/End User Industries

  • Healthcare
  • Aerospace
  • Automation
  • Clean Energy
  • Smart Cities
  • Life Sciences
  • Defense
  • Electrification
  • Aircraft Interiors
  • Electric Propulsion
  • Patient Care and Monitoring
  • Interventional and Surgical Devices
  • Smart Infrastructure
  • Industrial Connectivity
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