Gentex Corporation - Company Profile

Powered by

All the data and insights you need on Gentex Corporation in one report.

  • Save hours of research time and resources with
    our up-to-date Gentex Corporation Strategy Report

  • Understand Gentex Corporation position in the market,
    performance and strategic initiatives.

  • Gain competitive edge and increase your
    chances of success

Back to companies

Gentex Corporation: Segment Analysis

Get in touch about GlobalData Company reports

Contact the team or request a demo to find out how our data can drive your business forward

Business Description

Gentex Corporation (Gentex) designs and manufactures automatic-dimming rearview, non-dimming mirrors, and electronics for the automotive industry. It also manufactures dimmable aircraft windows for the aviation industry and signaling devices and commercial smoke alarms for the fire protection industry.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

R&D Overview

Gentex is focusing on enhancing its product performance through R&D initiatives. The company is working on advanced-feature automatic-dimming mirrors with features such as biometric authentication systems, hybrid and fully digital camera monitoring systems, driver and cabin monitoring systems, cabin sensing systems, touch screen displays for mirrors, and digital enhancements to displays for driver safety. Gentex is also developing large area dimmable devices for sunroof and moon roof applications, driver and passenger windows, interior sun-visors and other window surfaces in vehicles. Additionally, Gentex is working on small-scale dimmable devices for improving contrast and legibility for transparent displays, concealment of sensors, and dynamic camera exposure adjustment. As of December 2023, Gentex had a total of 812 US registered trademarks and patents, with 681 of them related to electrochromic technology, automotive rearview mirrors, microphones, sensor technology, displays, cameras, smart lighting technology, and HomeLink products. The company also owns 1,857 foreign registered trademarks and patents, with 1,509 of them related to the same technologies. Gentex owns 76 US patents and 99 foreign patents that relate to its variable dimmable windows. The company also owns 10 US-registered trademarks, 20 US patents, 15 foreign-registered trademarks, and 12 foreign patents that relate to the company’s fire protection products. Additionally, Gentex has in process 169 US patent applications, 257 foreign patent applications, and 35 registered trademark applications. The company operates R&D centers in Salt Lake City, Utah; Santa Clara, California, the US; Canada; and Israel. In FY2023, the company incurred R&D expenses of US$154.4 million, which as a percentage of revenue, stood at 6.7%.

Business Segments

Overview

Offers interior and exterior automotive rearview mirrors, electrochromic automatic-dimming rearview mirrors, and automotive electronics. Produces rearview mirrors and electronics for automotive passenger cars, pickup trucks, sport utility vehicles, light trucks, and vans for original equipment manufacturers (OEMs). The Company manufactures and sells HomeLink Modules individually. Its electronic interior mirrors also include features such as compass, HomeLink, microphones, lighting assist and driver assist forward safety camera systems, among others. Also ships interior non-automatic-dimming rearview mirrors and markets other automotive electronic products both inside and outside of the rearview mirror through HomeLink applications in the vehicle including the interior visor, rearview mirror, center console and overhead console. It provides SmartBeam and driver-assist features, HomeLink, frameless mirror designs, LED map lamps, compass and temperature displays, telematics, rear camera display (RCD) and full display (FDM) interior mirrors, exterior turn signals and side blind zone indicators and various other exterior mirror features. Markets its products through a direct sales force through sales and engineering offices in the UK, Germany, France, Sweden, South Korea, the US, Japan and China. It supplies mirrors and electronic modules for Aston Martin, BMW, Ford Motor Co., Daimler Group, Geely/Volvo, General Motors, Honda Motor Co., Nissan Motor Co., Hyundai/Kia, Renault, Suzuki, Tesla, Mahindra & Mahindra, McLaren, Toyota Motor Co., and Volkswagen group, among others. In FY2023, the capital expenditure of the segment stood at US$163.1 million, which grew 15.5% YoY.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Overview

Provides dimmable aircraft windows and fire protection products. Supplies various dimmable windows for the passenger compartment on the Boeing 787 Dreamliner Series of Aircraft. Also offers photoelectric smoke detectors and alarms, photoelectric smoke detectors, visual signaling alarms, electrochemical carbon monoxide alarms, electrochemical carbon monoxide detectors, and alarms, audible and visual signaling alarms, and bells and speakers. Used mostly in fire detection systems in office buildings, hotels, and other commercial and residential establishments. Offers nanofiber products and medical products such as lighting system and low-vision smart glasses. In FY2023, the capital expenditure of the segment stood at US$3.8 million, which grew 62.4% YoY.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Subscribe for access to business segment analysis Subscribe for access to business segment analysis Find out more



Geographical Segments

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Gain a 360-degree view of Gentex Corporation and make more informed decisions for your business Gain a 360-degree view of Gentex Corporation and make more informed decisions for your business Find out more
Still looking?

Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.

Explorer

Access more premium companies when you subscribe to Explorer

Start of HubSpot Embed Code End of HubSpot Embed Code