Comparing the current results to its competitors, Vishay Precision Group Inc reported Revenue increase in the 1 quarter 2026 by 18.73 % year on year. The sales growth was above Vishay Precision Group Inc 's competitors' average revenue growth of 7.01 %, achieved in the same quarter.
Vishay Precision Group Inc , despite income growth by most of its competitors recorded a net loss, despite income increase by most of its competitors of 53.59 %
Vishay Precision Group Inc 's Comment on Competition and Industry Peers
The company operates in a highly fragmented competitive landscape, both geographically and by application. Its competitors range from small local firms to large international companies with greater financial resources. The company holds proprietary technology in foil resistors and strain gages, while competitors offer functionally equivalent products using different technologies. Key competitors in the Sensors segment include KOA, Bourns, Vishay Intertechnology, TT Electronics, Susumu, Isabellenhute, Caddock, Flat Dashi, HBK (an operating company of Spectris), and Tokyo Sokki Kenkyujo Co., Ltd (TML). In the Weighing Solutions segment, price competitiveness is particularly important. The company identifies its competitive advantages as superior product capability, quality, technical expertise, proprietary data, market knowledge, service capability, and business reputation.
Overall company sales advanced by 18.73 % Vishay Precision Group Inc outperformed its competitors in this segment and improved market share, to approx. 0.05 %. << More on VPG Market Share.
*Market share is calculated based on total revenue.
Publicly Traded Peers of Vishay Precision Group Inc
Advanced Drainage Systems Inc Share Performance
-9.29%
This Year
Advanced Drainage Systems Inc
Profile
Advanced Drainage Systems Inc operates through a direct sales model, catering primarily to the construction industry. By offering a wide range of high-quality and sustainable drainage products, the company aims to meet the diverse needs of its customers across various end markets. Through its extensive distribution network, Advanced Drainage Systems delivers its products efficiently, ensuring customer satisfaction and building long-term relationships.
Power Integrations Inc operates on a business model that focuses on developing and selling power semiconductor technologies. Their products are utilized in various applications such as power supplies for consumer electronics, industrial equipment, and LED lighting. The company emphasizes innovation, quality, and sustainability to provide efficient and reliable power solutions to their customers worldwide.
Parker Hannifin Corporations business model focuses on providing advanced motion and control technologies that enhance productivity and efficiency across diverse sectors, including aerospace, automotive, and industrial equipment. The company integrates innovative design and engineering expertise to deliver customized solutions tailored to specific customer needs, while also emphasizing sustainability and reliability in its products. By leveraging a global footprint and a strong distribution network, Parker Hannifin aims to maintain long-term relationships with customers and drive growth through continuous improvement and technological advancement.
On Semiconductor Corporation's business model revolves around the design and manufacturing of semiconductor components and solutions, selling them to original equipment manufacturers (OEMs) in various industries including automotive, industrial, and consumer electronics, thus enabling their customers to integrate advanced capabilities into their products.
Orion Energy Systems Inc is a company that specializes in energy-efficient lighting systems. Their business model revolves around the design, manufacturing, and sale of LED lighting products for commercial and industrial buildings. They aim to provide cost-saving and environmentally friendly lighting solutions to their clients while also offering retrofitting services to upgrade existing lighting systems.
Sources:
Vishay Precision Group Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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