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

  • November 17, 2014
    Jenoptik acquires leading UK enforcement technology company
    Jenoptik has acquired a 92 per cent share in UK company Vysionics, in a deal which reflects the strategy of the Group to invest specifically in global growth markets. The deal will enable Jenoptik, whose section control technology is already used successfully in Austria, Switzerland and Kuwait, to leverage Vysionics’ expertise in automatic number plate recognition (ANPR) and section control for international markets. In the UK, where section control is also widely used on construction sites in order to p
    Read More
  • June 17, 2016
    Volkswagen plans major investment in electric cars
    The Volkswagen Group is making plans to become a world-leading provider of sustainable mobility; its ‘TOGETHER – Strategy 2025 provides the framework, with the focus on transforming the core business and tapping potential new revenue streams. The Group is planning a broad-based initiative in this area: it intends to launch more than 30 purely battery-powered electric vehicles (BEVs) over the next ten years and estimates that such vehicles could then account for around a quarter of the global passenger ca
    Read More
  • November 1, 2012
    Report forecasts growth in global markets for intelligent transportation systems
    A new report by information service provider Global Information says that intelligent transportation systems (ITS) improve public transport and traffic management to reduce traffic congestion, promote smoother and safer driving and improve coordinate and overall smarter use of transport networks. The development of intelligent infrastructures – from roads to bridges – is primarily a governmental responsibility while the domain of developing intelligent vehicles belongs to the commercial side. Both private a
    Read More
  • April 6, 2016
    Necessity is the mother of invention
    The Netherlands aims to lead Europe, and the world, in the area of cooperative ITS and smart mobility. That’s not an aspiration – it’s a necessity as Frans op de Beek, principal advisor for traffic management and ITS within the Rijkswaterstaat, the Ministry for Infrastructure and the Environment, explains.
    Read More

Highlighted Content