Skip to main content

Kistler Group plans further growth through innovation

With sales of US$341 million in 2015, the Switzerland-based Kistler Group overcame currency-related challenges to achieve continued growth and create some 120 new jobs around the world. The dynamic measuring technology manufacturer plans targeted investments in R&D during 2016 in order to develop innovative products and application-specific services. Kistler intends to expand its service offering by continuing to introduce application-specific service products until 2020. Innovative products will be ad
February 3, 2016 Read time: 2 mins
With sales of US$341 million in 2015, the Switzerland-based 657 Kistler Group overcame currency-related challenges to achieve continued growth and create some 120 new jobs around the world.  The dynamic measuring technology manufacturer plans targeted investments in R&D during 2016 in order to develop innovative products and application-specific services.

Kistler intends to expand its service offering by continuing to introduce application-specific service products until 2020. Innovative products will be added to the Group's portfolio in 2016, including new applications and services.

Facilities in Germany, Japan, and China have been systematically expanded to accommodate the new service offering and two new technology centres are under construction in Tokyo and at Kistler's new European headquarters in Böblingen-Sindelfingen, Germany.

“Kistler will continue to grow, thanks to our unique technologies and our strong global positioning. We aim to achieve some of this growth through new products and applications, but a key part will also be played by a targeted expansion of our service offering in tandem with strategic acquisitions,” says CEO Rolf Sonderegger.

“Some 10 per cent of our yearly sales revenue is devoted to research and development. In 2016, the Kistler Group will again be investing in the development of innovative products and services across the globe,” he said.

Related Content

  • April 22, 2014
    Growth of ITS market 2013 to 2019
    According to the latest report from Transparency Market Research, the intelligent transportation systems (ITS) market is expected to reach a value of US$30.2 billion by 2019, at a CAGR of 11.1 per cent from 2013 to 2019. The demand of ITS systems is rising globally due to increased congestion in metropolitan areas. Development and deployment of intelligent transportation system not only reduces traffic, but also reduces number of accidents and improves quality of life by controlling vehicle emission leve
  • April 16, 2019
    Trafficware: Digitised transport tech ‘is the new asphalt’

    Trafficware provides the tech to manage intersections all over the world. Colin Sowman asks CEO Jon Newhard about the ‘questions behind the questions’

    Last year, Trafficware CEO Jon Newhard negotiated the company’s acquisition by Cubic Corporation and now serves as general manager of Trafficware within Cubic’s Transportation Systems business unit.

  • June 20, 2016
    Thales builds on Canadian connection for transit R&D
    The Canadian province of Ontario is continuing to benefit from its ongoing investment in transit R&D. David Crawford looks at the impact of new investment. Developing the next generation of urban rail signalling solutions worldwide, with the emphasis on transit security and efficiency, is the goal of a recently-created business partnership between the government of the Canadian province of Ontario and Thales Canada. The wholly-owned subsidiary of the France-HQ'd global defence, aerospace and transportation
  • September 5, 2014
    Major growth predicted for OEM embedded telematics
    According to a new research report by Berg Insight, shipments of OEM embedded telematics systems worldwide are forecasted to grow from 8.4 million units in 2013 at a compound annual growth rate (CAGR) of 30.6 per cent to reach 54.5 million units in 2020. Moreover, Berg Insight forecasts that the number of cars sold worldwide equipped with head-units featuring handset-based telematics capabilities will grow from 7 million in 2013 to 68.5 million in 2020.