TT Electronics

Company Snapshot

Founded: 1810
Entity Type: Public
Employees: 4,996
Region: U.K.
Revenue: $763.5 Millions
Revenue Year: 2023
Segment: Global Manufacturing Solutions
Headquarter: Woking, U.K.
Key Geographics: U.K., Rest of Europe, North America, Asia
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, advanced 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 that improve the precision, speed and reliability of applications.

OPTEK Technology Inc. operates as a subsidiary of TT Electronics PLC. The company’s products are also used in office equipment: copy machines, paper-sorting machines, mailing machines, credit card readers, tape drives and storage libraries; light curtains, proximity sensors, liquid-level sensors, door-position sensors, encoders and current sensors in industrial markets; amusement games; fiber-optic devices and links, 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 2023)

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

This information is available for BCC Research members only.

TT Electronics In Reports

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%.

Electronics Contract Manufacturing and Design Services: The Global Market

BCC Research Market Report says global market for electronics contract manufacturing and design services is estimated to increase from $546.4 billion in 2023 to reach $847.2 billion by 2028.

Company's Business Segments

  • Power and Connectivity : Power and Connectivity Designs and Manufactures Custom Power and Control Systems, Electromagnetics and Connected Devices that Deliver Size, Weight and Efficiency benefits for Highperformance Applications.
  • Global Manufacturing Solutions : Global Manufacturing Solutions provides Manufacturing Services, Engineering Solutions for our product divisions and to customers that often require a lower volume and higher mix of products, including complex Integrated Product Assemblies, Engineering Services such as Valueengineering, Designing Testing Solutions.
  • Sensors and Specialist Components : Sensors and Specialist Components works with customers to develop high-specification, standard and customised solutions including sensors and power management devices that improve the precision, speed and reliability of applications.

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
  • Defence
  • Smart Infrastructure
  • Industrial Connectivity