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Gentex Corporation

Summary

Covers Gentex Corporation exhibition participation, products, technologies, and major customers. Offers exclusive information available only on MarkLines to support research and analysis in the automotive industry.

Company Profile

■URL

https://www.gentex.com/

■Address

600 North Centennial Street, Zeeland, MI 49464 USA

Business Overview

-The Company manufactures digital vision, connected car, dimmable glass, premium audio, fire protection, medical devices, and consumer electronic technologies across multiple industries. For the automotive market, the Company focuses on automatic-dimming and non-automatic dimming rearview mirrors, mirror-integrated displays and electronics. Automotive rearview mirrors and electronics accounted for approximately 89% of the Company’s consolidated net sales in the fiscal year ended December 31, 2025.

-In 2025, the Company continued to hold its position as the leading producer of automatic-dimming rearview mirrors in the world, holding approximately an 79% market share for the automotive market. Note that due to tariff and counter tariff actions, the Company’s export sales into China were negatively affected in 2025, resulting in a reduction in global market share after holding an 86% market share in 2024.

-The Company estimates that it has an annual production capacity of 42 to 45 million interior automatic-dimming mirror units and 19 to 22 million exterior mirror units. In 2025, the Company shipped 28.6 million interior automatic-dimming mirrors and 16.2 million exterior automatic-dimming mirrors.

-In December 2024, the Company entered into a definitive agreement to acquire VOXX International through an all-cash transaction. Under the agreement, the Company will acquire all issued and outstanding shares of VOXX common stock for USD 7.5 per share. VOXX generates most of its revenue from automotive OEM and aftermarket electronics, with support from its consumer electronics business. With the acquisition, the Company will gain access to VOXX’s EyeLock iris biometric authentication technology. The acquisition will also provide the Company with access to the Premium Audio Company, a premium audio solution provider for consumer technology that includes brands such as Klipsch, Onkyo, and Integra. The Company believes that its capabilities in high-volume manufacturing can help the Premium Audio Company continue expansion in consumer technology and connected home markets, while providing additional exposure from the automotive market. The Company completed the acquisition of VOXX International on April 1, 2025 for cash considerations totaling USD 148.3 million.

-With the acquisition of VOXX taking effect on April 1, 2025, the Company reorganized its internal operating structure into three reportable segments as follows:

  • Automotive Products: The segment focuses on the development and manufacturing of digital vision, connected car, and other automotive products and electronics. Its products include interior and exterior mirrors, with and without automatic-dimming capabilities and electronic features.
  • Premium Audio Products: The segment designs, manufactures and distributes high quality audio equipment such as loudspeakers, A/V receivers, theater systems, soundbars, and music streaming systems.
  • Other: The segment comprises multiple operating segments of Fire Protection, Dimmable Aircraft Windows, Nanofiber, Medical, Aftermarket Electronics, Consumer Electronics, and Biometrics.


 

Competitors

-Adayo
-Aizhuo
-Alps Alpine Co., Ltd.
-Ambilight
-Aolian
-Ascon
-Aumovio
-Bosch
-BYD Auto Company
-Chogqing Yimei
-Denso
-Findream Technology
-Ficosa
-Forvia
-Fudi Technology
-Ganxiang
-Guangdong E-Think
-Guangdong Yuanfeng
-Hefei Haoxiang
-Hubei SL
-Huichang
-Intertech
-Kingband
-Lear
-LG
-Licon
-Magna
-Mike Shanghai
-MirrorTech
-Murakami
-Nigbo Huichang
-Panasonic
-Samvardhana Motherson Reflectec
-Shanxi Coal
-Sincode
-Tokai Rika
-Ultronix
-Xiamen Intertech
-Yanfeng Visteon

Shareholders

-The Company is listed on the NASDAQ Stock Market.

Products

Digital Vision
-Full Display Mirror (FDM)
-Hybrid rear-vision display system with integrated camera monitoring systems (CMS)
-Fully digital rear vision camera monitoring systems
-Mirror-integrated displays and alerts
-Interior mirrors with integrated lighting systems
-Mirrors with integrated driver assistance safety camera systems
-Custom cameras for machine vision and video (SmartBeam)
-Custom cameras for automotive video
-Touchscreen Full Display Mirror (FDM)
-Multi-view trailer camera
-Mirror-integrated Digital Video Recorder (DVR)
-ADASKY thermal camera systems
-Rearview mirrors without additional features

Connected Car
-HomeLink Car-to-Home Automation
-Integrated Toll Module
-PayByCar in-vehicle payment service partnership for Integrated Toll Module systems
-Simplenight e-concierge services integrated with HomeLink Connect app
-Mirror-integrated biometric systems
-Vaporsens Nanofiber Sensors capable of particulate sensing for smoke and vape smoke
-Vaporsens Nanofiber Sensors capable of chemical sensing
-Mirror-integrated driver monitoring system (DMS)
-Mirror-integrated in-cabin monitoring system (ICMS)
-360-degree camera applications
-Solace wireless power and data transfer technology

Dimmable Glass
-Interior and exterior auto-dimming mirrors
-Self-dimming sunroofs and moonroofs
-Dimmable combiner HUDs (Head-Up Displays)
-Sensor shrouds
-Dimmable visors

Other Automotive Electronics
-Automotive security systems
-Vehicle access systems
-Remote start modules and systems
-Multimedia infotainment systems
-Rear-seat overhead entertainment systems
-Rear-seat seat-back entertainment systems
-Rear-seat headrest entertainment systems
-Interior lighting systems
-Turn signal switches
-Puddle lamps
-Box lights
-Harnesses

Connected Car
-Added: 360-degree camera applications
-Added: Solace wireless power and data transfer technology

History

1974 Established as a manufacturer of high-quality fire protection products.
Mar. 1976 Acquired Gentex Company, a Michigan general partnership.
1982 Developed the world's first electromechanical (motorized) mirror.
Aug. 1986 Acquired Vanguard Glass Fabricatiors, Inc.
Oct. 1994 Formed Gentex GmbH in Neckarsulm, Germany.
Sep. 1999 Formed partnership with Johnson Controls to integrate HomeLink system in mirrors.
Dec. 1999 Opened U.K. sales office.
May 2000 Opened sales office in France.
2013 Acquired Johnson Controls' HomeLink business.
Apr. 2020 Acquired Vaporsens, Inc., specializes in nanofiber chemical sensing research and development.
Sep. 2021 Acquisition of Guardian Optical Technologies, an Israeli startup, multi-modal sensor technology designed to provide a comprehensive suite of driver- and cabin-monitoring solutions for the automotive industry.
Apr. 2025 Completed acquisition of VOXX International for cash considerations totaling USD 148.3 million.

Supplemental Information 1

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