Sensata Technologies, Inc.

Company Profile

■URL

https://www.sensata.com

■Address

529 Pleasant Street, Attleboro, MA 02703-0964, U.S.

Business Overview

-Sensata Technologies (Sensata) is a global leader in the development, manufacture, and sale of sensors, sensor solutions, electrical protection components and systems, controls, and software for a wide variety of markets, including the automotive market.

-Approximately 54% of Sensata’s net sales in the fiscal year ended December 31, 2023 was derived from the automotive market.

-Sensata organizes its operations into two businesses, Performance Sensing and Sensing Solutions. The Performance Sensing business is a leading supplier of automotive and heavy vehicle and off-road (HVOR) sensors, including pressure sensors, speed and position sensors, temperature sensors, and pressure switches. The Performance Sensing business accounted for approximately 74% of the Company’s net sales in the fiscal year ended December 31, 2023.

-Effective April 1, 2023, the company moved their material handling products from the HVOR operating segment (in the Performance Sensing reportable segment) to the Sensing Solutions operating segment.

 

Performance Sensing business

 Product categories Key applications/solutions
Sensors Pressure sensors
Speed and position sensors
High temperature sensors

Thermal management and air conditioning systems
Powertrain
Exhaust after-treatment
Suspension
Braking
Tire management solutions
Radar solutions
Battery packs
Electrical Protection High-voltage contactors/fuses
Battery management system
Charging inlet modules
High-voltage junction units

Electrical protection
Electrical powertrain
Battery management
Charging systems

Other Vehicle area networks
Data collection devices and software
Data insights (asset tracking and vehicle telematics) *1
Usage-based insurance


 

Sensing Solutions Business

-To better pursue clean energy components and system opportunities, in the fiscal year 2021, the company organized a new business unit in its Sensing Solutions operating segment, Clean Energy Solutions, which includes products and solutions such as high-voltage contactors, inverters, rectifiers, and battery management systems. This new business unit serves the industrial, stationary, and commercial energy conversion and storage end market.
 

Sensata Insights solutions *1

-Sensata INSIGHTS can help businesses better convert IoT data into meaningful insights for managing and optimizing the supply chain, from end to end. They provide cloud platforms, modular end-to-end monitoring, and telematics products.

Shareholders

-The Company is listed on the New York Stock Exchange.

Products

Automotive
[Battery]
-Contactors
-Current Sensing Module (IVT)
-Insulation Monitoring Device
-Passive & Active Fuses

[Brake System]
-Brake Pressure
-Pedal Force
-Drum Force

[Chassis]
-Suspension Pressure Sensors (SPS)
-Tire Pressure Monitoring Systems (TPMS)

[Engine]
-Differential Pressure Sensor (DRS & DPS)
-Exhaust Gas Temperature Sensor (EGTS)
-Fuel Delivery Pressure Sensor
-Oil Pressure Sensors/Switches (OPS)
-Rail Pressure Sensors for GDI & Diesel Applications

[Electric Motor]
-Oil Cooling Pressure & Temperature
-Rotor Position
-Stator Temperature

[Thermal Management]
-Air Conditioning Pressure & Temperature
-Pressure & Temperature sensor for CO2

[Tire Monitoring]
-Tread Depth Monitor
-Tire Mounted TPMS
-Valve Mounted TPMS

[Transmission]
-Transmission Pressure Sensors (TPS)
-Internal Mode Switches (IMS)


Truck & Bus
-High Voltage Contactors
-Fast Disconnect Devices & Fuses
-Oil Pressure and Temperature
-AC Pressure and Temperature Sensor
-Brake Pressure Sensor
-Rotational Speed

History

1916 Founded as the General Plate Company to provide gold plate to the jewelry industry in Rhode Island.
1931 Merged with Spencer Thermostat Company to create the Metals and Controls Corporation.
1959 Merged with Texas Instruments (TI) as a new division within TI.
2006 Separately acquired from TI as the Sensors and Controls division by Bain Capital. Formed into a private company and renamed as Sensata Technologies.
Acquired Honeywell's First Technology Automotive and Special Products (FTAS) business, which develops automotive sensors, electromechanical control devices, and crash switch devices.
2010 Held Initial Public Offering (IPO) and began trading on the New York Stock Exchange.
2011 Acquire Honeywell's "Automotive on Board" sensors business.
Acquired ElexGroup's Sensor-NITE business, which manufactures high-temperature sensors used in exhaust aftertreatment.
2014 Acquired Wabash Technologies, a designer and manufacturer of custom sensors, including rotary and linear position, speed, and engine timing sensors.
Acquired Schrader International, a developer and manufacturer of tire pressure monitoring sensors.
Acquired DeltaTech Controls, a leader on electronic controls based on magnetic position sensing technology.
2015 Acquired Custom Sensors & Technologies Ltd. 
2021 Acquired Lithium Balance, Denmark-based Battery Management System (BMS) provider
Acquired Xirgo Technologies, a leading provider of innovative, full-featured, application-specific wireless IoT communication devices
Acquired Spear Power Systems, a designer and manufacturer of safe, high performance energy storage systems (ESS)
Acquired SmartWitness, a leading global provider of video telematics solutions
2022 Acquired Elastic M2M, a provider scalable and flexible platform to build connected applications.
Acquired Dynapower, a provider of power conversion systems.

Supplemental Information 1