CTS Corporation Common Stock (CTS)

Competitors to CTS Corporation Common Stock (CTS)

Analog Devices, Inc. 

Analog Devices specializes in high-performance analog, mixed-signal, and digital signal processing integrated circuits, making it a competitor in the high-tech sector where CTS Corporation also operates. The companies overlap in their offerings of sensors and signal processing technologies. Analog Devices arguably has a competitive advantage due to its extensive research and development capabilities, innovative products, and established position in the market, allowing them to cater to high-end applications more effectively.

Knowles Corporation 

Knowles Corporation operates in the microphone and acoustic sensor market, which overlaps with CTS Corporation's product lines in the sensor sector. While both companies create technology that supports auditory components in various devices, Knowles differentiates itself through a focus on miniaturized microphones and high-performance audio solutions. Although Knowles is a significant player in the market, CTS Corporation has a broader product range, which allows it to serve a wider array of customers and applications effectively.

Murata Manufacturing Co., Ltd.

Murata Manufacturing is a prominent player in the passive electronic components industry and competes with CTS Corporation in the supply of capacitors, inductors, and other electronic components. Murata’s extensive expertise in miniaturization and technological innovation allows it to maintain a strong competitive advantage, particularly in the mobile device market, where size and performance are critical. While CTS offers specialized products, Murata's broad manufacturing capabilities and market presence position it as a leader.

TE Connectivity Ltd. 

TE Connectivity is a leading global provider of connectivity and sensors, which directly competes with CTS Corporation in the electronics components and sensor markets. Both companies focus on precision and reliability, serving similar industries such as automotive and industrial applications. However, TE Connectivity has a larger market share and a more diversified product offering, which gives it a competitive edge in terms of customer base and financial resources.

Vishay Precision Group, Inc. 

Vishay Precision Group focuses on precision resistors and sensors, providing products that compete with CTS Corporation's offerings in the measurement and heating industries. The two companies both target high-reliability applications. Vishay has established strength in niche precision measurements, whereas CTS Corporation leverages its diverse portfolio to meet various customer needs. As a result, VPG holds a competitive position in its specialty markets, though it lacks the broader market reach of CTS.