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Flexpoint Sensor Systems Inc.

Company Snapshot

Founded: 1995
Entity Type: Public
Region: U.S.
Revenue: $105,686.0 Millions
Revenue Year: 2023
Headquarter: U.S.
Key Geographics: International, Domestic
Corporate Address: 5718 W Dannon Way West Jordan, Utah 84081 U.S. Tel. +1-(801)-568-5111 www.flexpoint.com

Company Overview

Flexpoint Sensor Systems Inc., a development-stage company, is based in Utah, U.S. The company designs, engineers, manufactures and sells sensor technology and equipment using its Bend Sensor flexible potentiometer technology. The company provides various products for automotive industry applications, including comfort seats, horn switches, seat-belt reminders, braking systems, pedestrian impact-detection sensors and alertness-detection systems for incorporation into steering-wheel assembly.

Flexpoint Sensor Systems also offers products for use in theater seats, emergency vehicles, flow-control applications, medical beds, industrial control systems, medical equipment and instrumentation, computer peripherals, automotive transmission equipment and commercial vending equipment. In addition, it licenses its Bend Sensor technology. The company sells its products to OEMs and distributors worldwide. Formerly Micropoint Inc., the company changed its name to Flexpoint Sensor Systems Inc. in 1999.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Flexpoint Sensor Systems Inc. In Reports

Internet of Things (IoT) Sensors in Healthcare: Global Markets and Technologies

BCC Research Market Report says global market for internet of things sensors in healthcare is estimated to increase from $2.9 billion in 2023 to reach $8.6 billion by 2028, at a CAGR of 24.6%.

Sensors for the Internet of Things (IOT): Global Markets

According to BCC Research global market for IoT sensors should grow from $10.9 billion in 2021 to $36.6 billion by 2026 with a compound annual growth rate of 27.4%.

Sensors: Technologies and Global Markets

Global market for sensors is estimated to grow from $156.6 billion in 2021 to reach $249.6 billion by 2026 at a CAGR of 9.8% during the forecast period of 2021-26.

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Company's Business Segments

  • Thin-film Sensing Technology : This segment provides bend sensor technology and products by utilizing its patented Bend Sensor technology across various industries.

Applications/End User Industries

  • Automotive
  • Medical
  • Industrial Controls
  • Consumer Products
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