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

  • October 12, 2022
    MaaS Global 'reorganises' for 'new route'
    Mobility as a Service specialist lays off staff and seeks new partners as it reviews operations
  • July 11, 2014
    IRD pleased with 2014 performance to date
    International Road Dynamics’ results for the three and six one of the world's leading providers of systems and solutions for the three and six months ended 31 May show total revenue up 15 per cent year to date, which the company says is due to a strong growth in key geographic markets. Revenue in Canada and the US revenue rose 23 per cent year to date on solid performance in projects and product sales, while Latin America revenue increased 22 per cent year to date on significant project deliveries. Sout
  • January 3, 2017
    Public transport ITS market in Europe and North America to grow 7 per cent by 2020
    The latest research from Berg Insight indicates that the market for intelligent transport systems (ITS) in public transport operations in Europe was US$1.4 billion (€1.35 billion) in 2015. Growing at a compound annual growth rate (CAGR) of 7.2 per cent, it is expected to reach US$2 billion (€1.91 billion) by 2020. The North American market for public transport ITS is similarly forecast to grow at a CAGR of 8.1 per cent from US$0.6 billion (€0.59 billion) in 2015 to reach US$0.9 billion (€0.87 billion) in
  • January 20, 2012
    Transport technology transforming bus stops in Los Angeles
    David Crawford reports on a pioneering blend of transport technology and aesthetic By gaining a design award before installation has even started, the US$6.9 million City of Santa Monica (California)'s Big Blue Bus Shelter and Branding Package has ensured early interest among what it expects to be a new wave of transit riders. The American Institute of Architects' Los Angeles chapter's recently conferred 'Next LA Citation Award for Architecture', given for design excellence in projects as yet unbuilt, comm