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, electrical protection components, 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, 2021 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 HVOR sensors, including pressure sensors, speed and position sensors, temperature sensors, and pressure switches. The Performance Sensing business accounted for approximately 75% of the Company’s net sales in the fiscal year ended December 31, 2020.

 

Performance Sensing business

 Product categories Key applications/solutions
Sensors Pressure sensors
Speed and position sensors
High temperature sensors
Vehicle area networks
Data collection devices and software

Thermal management and air conditioning systems
Powertrain
Exhaust after-treatment
Suspension
Braking
Tire management solutions
Operator controls
Radar solutions
Data insights
Usage-based insurance
Battery packs
Charging systems
Electrical Protection High-voltage contactors/fuses
Battery management system
High-voltage junction units
Electrical protection
Electrical powertrain
Battery management

 

Sensing Solutions Business

-To better pursue clean energy components and system opportunities, in the third quarter of 2021,  reorganized its Sensing Solutions operating segment, moving the portion of its electrical protection product category that includes high-voltage contactors, inverters, and battery management systems to a new business unit, Clean Energy Solutions. This business unit will focus largely on the industrial and stationary, commercial and industrial energy storage end-markets. Applications include e-bikes, stationary charging infrastructure, battery-energy storage, and renewable energy applications.
 

Sensata Insights solutions

-Sensata provides hardware and services that enables a variety of end use applications, including vehicle tracking and on-board vehicle diagnostic data to monitor vehicle health; the provision of vehicle data to enable usage-based insurance offerings; critical data on tire pressure for heavy duty trucks and trailers that results in lower fuel costs; cargo capacity data for trailers that increase the operational efficiency of fleets; video telematics offerings that provide event analysis and in-cab monitoring to prevent and lower the cost of incidents; and visibility to where assets are located across the supply chain.
 

Shareholders

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

Products

-A/C P+T Thermal Management Pressure and Temperature Sensors
-Battery Gas Sensor BGS Thermal Runaway Detection
-Blind spot monitor sensor
-BPS Battery Pressure Sensor
-Brake Force Sensors
-Circuit Breaker
-Crankcase Ventilation Sensors KPS
-DPS Differential Pressure Sensors
-EDP E-Motor Rotary Position Sensor
-EVAP Evaporative Fuel Pressure Sensors
-Fuel Delivery Pressure Sensors LFS
-Motor Protectors
-Oil Pressure Sensors OPS
-Outside camera based blind spot detection sensor
-Pressure and TPMS Tire Pressure Monitoring System
-Relays
-Schrader High Speed EZ-Sensor
-Suspension Pressure Sensors SPS
-Temperature Sensors
-TMAP Temperature Manifold Absolute Pressure Sensor

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

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