CSIMarket
 

Kulr Technology Group Inc   (KULR)
Other Ticker:  
 

Kulr Technology Group Inc 's

Competitiveness


 

KULR Sales vs. its Competitors Q3 2023



Comparing the current results to its competitors, Kulr Technology Group Inc reported Revenue increase in the 3 quarter 2023 by 67.78 % year on year.
The sales growth was above Kulr Technology Group Inc 's competitors' average revenue growth of 1.25 %, achieved in the same quarter.

List of KULR Competitors





Revenue Growth Comparisons




Net Income Comparison


Kulr Technology Group Inc , slower than the average decrease reported by the company's competitors of -75.86 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -75.86 %

<<  KULR Stock Performance Comparisons


Kulr Technology Group Inc 's Comment on Competitors and Industry Peers


Currently, the battery industry uses a number of solutions to mitigate thermal runaway propagation that are offered by Unifrax, Lydall, LHS, 3M, Engineered Syntactic Systems, Celono, AllCell and others. Each of their solutions offer unique features and benefits for a specific application. We do not believe, however, that there is a one-size-fits-all solution across all applications. We believe our PPR design solution offers competitive light-weight and effective solutions for high energy battery cells because it is more flexible and can fit into different design configurations. For applications that require passive, light-weight solutions for high energy density battery cells, TRS offers a competitive solution.
Thermal interface material is a large and fragmented market with many large suppliers including Henkel Bergquist, Fujipoly, Laird, 3M, Honeywell and others. These solutions are typically based on silicone and thermal particles. KULR?s FTI offers high bulk thermal conductivity and low contact pressure requirements, which we believe gives us a competitive advantage over other thermal interface solutions.
Our licensed ISC device offers a reliable way to trigger battery cell thermal runaway compared to nail penetration, over-charging or over-heating the cell. ISC does not rely on mechanically damaging the battery exterior to activate the short, as do most of the other evaluation methodologies. Instead, the ISC devices trigger true internal shorts. This makes it possible to accurately pinpoint and fix problems leading to malfunctions, an ability that we believe will give us a competitive advantage over other testing solutions.



  

Overall company Market Share Q3 2023

Due to outstanding performance in Overall company, revenue grew by 67.78 % Kulr Technology Group Inc improved its market share, to approximately 0.01 %.




<<  More on KULR Market Share.
 
*Market share is calculated based on total revenue.

  News about Kulr Technology Group Inc Contracts

KULR Technology Group Inc Harnesses Battery Breakthroughs to Advance Space Missions

KULR Technology to Advance Battery Technology for Space Missions: A Promising Growth StrategyKULR Technology Group Inc has positioned itself as a critical player in the aerospace industry, offering mission-critical power solutions for leading global space innovators. Through its innovative advancements in battery technology, KULR is set to play a pivotal role in space missions scheduled for 2024 and beyond.In the third quarter of 2023, KULR Technology Group Inc reported a 67.78% increase in revenue compared to the previous year. This growth outpaced the average revenue growth of its competitors by a significant margin, which was only 1.25% during the same period. This notable achievement reflects the company...

KULR Secures Exclusive Global License for NASA's Cutting-Edge Battery Safety Technology, Positioned for Continued Growth in Q3 2023

KULR Technology Group Inc. (NYSE American: KULR) has recently announced a groundbreaking development in battery safety technology, securing an exclusive worldwide license agreement with NASA. This strategic partnership allows KULR to provide NASAs large format Fractional Thermal Runaway Calorimeter to OEM customers globally. With its robust capabilities, this innovative technology is set to revolutionize battery safety measures in various industries.The Fractional Thermal Runaway Calorimeter is an advanced system that enables precise and accurate measurement and analysis of thermal runaway, a critical safety concern in the energy storage industry. This cutting-edge technology offers OEM customers an unparall...





Who are Kulr Technology Group Inc 's Competitors?




Aptiv Plc
Share Performance



-29.15%
One Year



Aptiv Plc
Profile

Aptiv Plc is an automotive technology company that focuses on the design and development of advanced safety systems and autonomous driving technologies. Their business model revolves around providing innovative solutions to automakers to enhance the safety, efficiency, and connectivity of vehicles. By leveraging their expertise in software development, electrical architecture, and vehicle integration, Aptiv aims to transform the future of mobility by enabling safer and more autonomous transportation options.

More about Aptiv Plc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 21,443.726 mill. $ 20,051.000 mill. $ 2,966.000 mill.


Babcock and Wilcox Enterprises Inc
Share Performance



-19.73%
This Year



Babcock and Wilcox Enterprises Inc
Profile

Babcock and Wilcox Enterprises Inc's business model revolves around providing energy solutions and technologies, focusing on the design, engineering, manufacturing, and service of advanced fossil and renewable energy equipment.

More about Babcock and Wilcox Enterprises Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 105.142 mill. $ 999.354 mill. $ -196.971 mill.


Borgwarner Inc
Share Performance



-27.84%
One Year



Borgwarner Inc
Profile

BorgWarner Inc is an automotive parts supplier that designs, develops, and manufactures technologies for vehicle propulsion systems.

More about Borgwarner Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 8,132.022 mill. $ 14,198.000 mill. $ 695.000 mill.


Ceco Environmental Corp
Share Performance



0.00%
30 Days



Ceco Environmental Corp
Profile

Ceco Environmental Corp operates as a provider of air pollution control and industrial ventilation systems, offering tailored solutions to customers across various industries. They design, engineer, and manufacture their products to meet specific customer requirements, aiming to minimize the impact of air pollutants and improve overall air quality.

More about Ceco Environmental Corp 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 498.915 mill. $ 12.337 mill.


Donaldson Company Inc
Share Performance



+13.83%
This Quarter



Donaldson Company Inc
Profile

Donaldson Company Inc is a multinational corporation that specializes in the manufacturing of filtration systems and replacement parts. Their business model revolves around providing innovative and high-quality filtration solutions to various industries, including aerospace, agriculture, energy, and transportation. Through their vast product portfolio and strong distribution network, they aim to fulfill the growing global demand for clean air and fluid filtration.

More about Donaldson Company Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 9,045.168 mill. $ 3,477.500 mill. $ 376.400 mill.


Dover Corporation
Share Performance



+20.57%
One Year



Dover Corporation
Profile

Dover Corp's business model revolves around providing a diverse range of specialized products and solutions across various industries through their individual operating segments.

More about Dover Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 24,901.510 mill. $ 8,437.633 mill. $ 2,326.834 mill.


Eaton Corporation Plc
Share Performance



+31.03%
This Quarter



Eaton Corporation Plc
Profile

Eaton Corporation Plc operates as a diversified power management company. The company provides electrical products, systems, and services for power distribution and control, lighting and security, and structural solutions. Eaton serves various industries including electrical, aerospace, hydraulics, and vehicle sectors, focusing on delivering efficient and sustainable solutions to its customers globally.

More about Eaton Corporation Plc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 125,461.875 mill. $ 23,196.000 mill. $ 3,223.000 mill.


Idex Corp
Share Performance



+12.57%
This Year



Idex Corp
Profile

Idex Corp operates through a diversified business model, offering a range of engineered products and solutions to various industries. Their business revolves around providing innovative technologies and services, often on a customized basis, to meet specific customer needs.

More about Idex Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 18,383.420 mill. $ 3,273.900 mill. $ 595.600 mill.


Itt Inc
Share Performance



+8.30%
30 Days



Itt Inc
Profile

ITT Inc. operates as a global diversified industrial company that aims to provide highly engineered products and services to various industries, including aerospace, defense, energy, and transportation. The company focuses on developing innovative solutions and building partnerships with customers to create long-term value.

More about Itt Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 11,258.128 mill. $ 3,283.000 mill. $ 413.800 mill.


Lydall Inc
Share Performance



+0.19%
Over The Past 5 Days



Lydall Inc
Profile

Lydall Inc operates as a diversified manufacturing company that develops and distributes engineered specialty materials. The business model primarily focuses on providing innovative solutions and high-performance products for various markets, including automotive, industrial, and healthcare. Lydall Inc leverages its expertise in advanced materials and manufacturing capabilities to deliver value to customers and achieve continuous growth and profitability.

More about Lydall Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,116.192 mill. $ 807.083 mill. $ -9.434 mill.


3m Company
Share Performance



-0.66%
Over The Past 5 Days



3m Company
Profile

3M Company is a diversified technology company that operates through various business segments. It focuses on innovation and develops a wide range of products across industries such as healthcare, transportation, consumer goods, and electronics. Its business model involves creating innovative solutions, leveraging its vast portfolio of patents, and maintaining strong relationships with customers and suppliers.

More about 3m Company's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 58,745.816 mill. $ 32,681.000 mill. $ -6,979.000 mill.



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com