Banner Engineering Competitors and Similar CompaniesClear all

Banner Engineering's competitors and similar companies include Balluff USA, Methode Electronics and IPG Photonics.

	Banner Engineering Banner Engineering is a company that develops, manufactures, and distributes photo eyes, sensors, and associated products.	Balluff USA Balluff USA is a manufacturer of industrial automation solutions.	Methode Electronics Methode Electronics is a company that designs, supplies, and produces mechatronic products.	IPG Photonics IPG Photonics is a laser technology company.
Founding Date	Founding Date 1966	Founding Date 1984	Founding Date 1946	Founding Date 1990
Type	Type Private	Type Subsidiary	Type Public	Type Public
Tags	Tags Manufacturing & Industrial automation connectivity electronics sensors	Tags Manufacturing & Industrial automation connectivity sensors	Tags Manufacturing & Industrial displays electronic components mechanical components metal products printing welding	Tags Manufacturing & Industrial electronic components lasers sensors welding
Locations	Locations Plymouth, US HQ Machelen, BE Jundiaí, BR Beijing, CN Suzhou, CN Hong Kong, HK Pune, IN see more	Locations Florence, US HQ	Locations Southfield, US HQ Lontzen, BE Burlington, CA Dongguan, CN Shanghai, CN Suzhou, CN Nasr, EG see more	Locations Marlborough, US HQ Granja Viana, BR Burlington, CA Kingston, CA Beijing, CN Shanghai, CN Shenzhen, CN see more
Employees	Employees 5,500	Employees 5691% increase	Employees 7,3003% decrease	Employees 4,74023% decrease
Valuation ($)	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) 332.4 m	Valuation ($) 3.7 b
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) N/A	Revenue (est.) $1b (FY, 2025)	Revenue (est.) $1b (FY, 2025)
Cost of goods	Cost of goods N/A	Cost of goods N/A	Cost of goods $884.7m (FY, 2025)	Cost of goods $622.3m (FY, 2025)
Gross profit	Gross profit N/A	Gross profit N/A	Gross profit $163.4m (FY, 2025)	Gross profit $381.5m (FY, 2025)
Net income	Net income N/A	Net income N/A	Net income ($62.6m) (FY, 2025)	Net income $31.1m (FY, 2025)
Operating ⚠
Trademarks (US)	Trademarks (US) 37 (May, 2022)	Trademarks (US) 1 (Nov, 2022)	Trademarks (US) N/A	Trademarks (US) N/A