Vishay Precision Group

Company Snapshot

Founded: 2010
Entity Type: Public
Employees: 2,200
Region: U.S.
Revenue: $306.5 Millions
Revenue Year: 2024
Headquarter: Pennsylvania, U.S.
Key Geographics: U.S., U.K., Israel, Asia, Canada, Rest of Europe, Other Europe
Corporate Address: 3 Great Valley Parkway Suite 150, Malvern Pennsylvania 19355 U.S. Tel. +1-484-321-5300 www.vpgsensors.com

Company Overview

Vishay Precision Group (VPG) produces sensors based on resistive foil technology and sensor-based systems. The company provides vertically integrated products and solutions for multiple growing markets in the areas of stress measurement, industrial weighing, and manufacturing process control. As a spin-off from Vishay Intertechnology Inc., the company has experience in foil precision resistors, current sensors, and strain gages, which serves as a foundation for its more recent expansion into strain gauge instrumentation, load cells and transducers, load cell modules, and complete systems for process control and on-board weighing.

Financial Highlights (FY 2024)

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

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Vishay Precision Group In Reports

Electrical Current Sensors: Technologies and Markets

BCC Research Market Report says global market for electrical current sensors reached $2.7 billion in 2022. The market is estimated to grow from $3.0 billion in 2023 to reach $4.8 billion by 2028.

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.

Company's Business Segments

  • Sensors : This segment includes precision resistor and strain gage businesses.
  • Weighing Solutions : This segment segment is comprised of VPG Transducers, VPG Onboard Weighing, BLH Nobel, Stress-Tek, and Vulcan businesses.
  • Measurement Systems : This segment includes highly specialized systems for steel production, materials development, and safety testing.

Applications/End User Industries

  • Transportation
  • General Industrial
  • Test & Measurement
  • Avionics
  • Other Markets
  • Industrial Weighing
  • Steel
  • Military & Space