Gentex Corporation

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 and fire protection 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 98% of the Company’s consolidated net sales in the fiscal year ended December 31, 2024.

-In 2024, the Company was the leading producer of automatic-dimming rearview mirrors in the world, holding approximately an 86% market share for the automotive market.

-The Company estimates that it has an annual production capacity of 42 to 45 million interior mirror units and 19 to 22 million exterior mirror units. In 2024, the Company shipped 29.9 million interior automatic-dimming mirrors and 17.8 million exterior automatic-dimming mirrors.

-The Company is organized into two primary operating segments based on market application. Its largest operating segment is the Automotive Products segment, which includes automotive mirrors and electronics. The Other segment consists of products including dimmable aircraft windows, fire protection technologies, nanofiber products, and medical products.
　

Competitors

-Adayo
-Aizhuo
-Alps Alpine Co., Ltd.
-Ambilight
-Aolian
-Ascon
-BYD Auto Company
-Chogqing Yimei
-FinDreams Technology
-Fudi Technology
-Guangdong E-Think
-Guangdong Yuanfeng
-Hubei SL
-Intertech
-Kingband
-Licon
-Magna
-MirrorTech
-Murakami
-Panasonic
-Samvardhana Motherson Reflectec
-Sincode
-Tokai Rika
-Ultronix
-Xiamen Intertech
-Yanfeng Visteon

Shareholders

-The Company is listed on the NASDAQ Stock Market.

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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)
-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)

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

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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.