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Company Profiles: Revenue, Growth, Competition

MTS Systems Revenue, Growth & Competitor Profile

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Company Profile & Annual Report for MTS Systems

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MTS Systems Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry332216 Saw Blade & Handtool Manufacturing
Address14000 Technology Dr
Eden Prairie, MN 55344



MTS Systems's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?
    • MTS Systems is classified as operating in the Saw Blade & Handtool Manufacturing industry, NAICS Code 332216.

MTS Systems is a publicly traded company on NMS using the ticker symbol MTSC. Detailed information on company financials and operating reports can be found here: NMS: MTSC



MTS Systems Annual Revenue and Growth Rate

MTS Systems Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Over $500 million

Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: MTS Systems's revenues are gauged from an analysis of company filings.



Trademark Applications

Trademark applications show the products and services that MTS Systems is developing and marketing. MTS Systems doesn't have any recent trademark applications, indicating MTS Systems is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
INTREPID
CONTROLLERS AND/OR SOFTWARE FOR TESTING MACHINES FOR APPLYING MECHANICAL LOADS AND DISPLACEMENTS TO DETERMINE MECHANICAL PROPERTIES OF MATERIALS, COMPONENTS AND STRUCTURES; DOWNLOADABLE SOFTWARE FOR TESTING MACHINES FOR APPLYING MECHANICAL LOADS AND DISPLACEMENTS TO DETERMINE MECHANICAL PROPERTIES OF MATERIALS, COMPONENTS AND STRUCTURES
12/01/2021
MTS INTREPID
CONTROLLERS AND/OR SOFTWARE FOR TESTING MACHINES FOR APPLYING MECHANICAL LOADS AND DISPLACEMENTS TO DETERMINE MECHANICAL PROPERTIES OF MATERIALS, COMPONENTS AND STRUCTURES; DOWNLOADABLE SOFTWARE FOR TESTING MACHINES FOR APPLYING MECHANICAL LOADS AND DISPLACEMENTS TO DETERMINE MECHANICAL PROPERTIES OF MATERIALS, COMPONENTS AND STRUCTURES
12/01/2021
INTREPID CONNECT
SOFTWARE AND DOWNLOADABLE SOFTWARE FOR TESTING MACHINES FOR APPLYING MECHANICAL LOADS AND DISPLACEMENTS TO DETERMINE MECHANICAL PROPERTIES OF MATERIALS, COMPONENTS AND STRUCTURES
12/01/2021

See all trademarks and details in the Full Report.


Market Share of MTS Systems's Largest Competitors

A competitive analysis shows these companies are in the same general field as MTS Systems, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
PRECISION METALS GROUPMentor, OH100 
RP TOOLSHouston, TX55 
INLAND MIDWESTElmhurst, IL45 
LIE-NIELSEN TOOLWORKSWarren, ME33 
GREAT LAKES CARBIDE TOOL MFG IPeshtigo, WI32 
MERITOOLSalamanca, NY23 
U.S. BLADE MFG.Cranford, NJ16 
PRECISION COMPONENTS & ASSEMBLIESSaint Peters, MO16 
PRECISION SAW WORKSPolkton, NC15 




Nearby Competitors

These companies are similar in business line and location to MTS Systems. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
MALCO PRODUCTS SBCAnnandale, MN100 
BONDHUSMonticello, MN69 
WHIRLTRONICSBuffalo, MN55 
R&J ENTERPRISESPrinceton, MN10 
DUO-TEC TOOLMaple Grove, MN9 
MATRIX TOOLING & DESIGNRamsey, MN6 




Future Competition: MTS Systems's Fastest Growing Competitors

These companies are in the same general field as MTS Systems and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
MTS Systems Competitors