Melexis NV
XBRU:MELE
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Melexis NV
Research & Development
Melexis NV
Research & Development Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Research & Development | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Melexis NV
XBRU:MELE
|
Research & Development
-€109.7m
|
CAGR 3-Years
-4%
|
CAGR 5-Years
-7%
|
CAGR 10-Years
-10%
|
||
X Fab Silicon Foundries EV
PAR:XFAB
|
Research & Development
-$48.2m
|
CAGR 3-Years
-12%
|
CAGR 5-Years
-10%
|
CAGR 10-Years
N/A
|
Melexis NV
Glance View
In the rapidly evolving landscape of semiconductor technology, Melexis NV emerges as a notable player, particularly within the automotive sector. Founded in 1988 and headquartered in Belgium, Melexis has carved a niche for itself by developing advanced integrated circuits that respond to the increasing complexity of modern vehicles. With vehicle automation and electric vehicles driving demand, Melexis provides innovative products such as sensors for safety systems, power management devices, and motor drivers. These technologies integrate into automotive systems to enhance energy efficiency, safety, and overall vehicle performance—critical components as manufacturers race towards smarter, greener transportation solutions. Melexis's business model primarily revolves around designing, manufacturing, and selling semiconductor components tailored to automotive applications. The company's success is deeply intertwined with trends shaping automotive innovations, dictating its strategic directions and development efforts. Revenue generation hinges on the company's ability to deliver robust solutions that meet stringent industry standards, ensuring reliability and performance in challenging environments. By securing long-term partnerships with automotive manufacturers and emphasizing research and development, Melexis has established a resilient business framework that not only supports its growth but also positions it to leverage future opportunities in a technologically demanding marketplace.
See Also
What is Melexis NV's Research & Development?
Research & Development
-109.7m
EUR
Based on the financial report for Jun 30, 2024, Melexis NV's Research & Development amounts to -109.7m EUR.
What is Melexis NV's Research & Development growth rate?
Research & Development CAGR 10Y
-10%
Over the last year, the Research & Development growth was -12%. The average annual Research & Development growth rates for Melexis NV have been -4% over the past three years , -7% over the past five years , and -10% over the past ten years .