What Methode Electronics does

Methode Electronics, Inc. (NYSE: MEI) is a global supplier of custom-engineered mechatronic products founded in 1946 in Chicago and now headquartered in Southfield, Michigan following a 2026 relocation. The company designs, engineers, and produces hardware for OEMs across four technology pillars: user interface solutions, LED lighting systems, power distribution products, and sensor applications. Methode is organized into three reportable segments — Automotive, Industrial, and Interface — and operates through seven sub-brands including Methode Automotive Group, Grakon, Nordic Lights, Power Solutions Group, Hetronic, TouchSensor, and Methode Sensor Technologies.

The company's technology portfolio includes proprietary platforms such as clockspring electrical connectors (75M+ units produced since 1989), precision miniature laminated bus bars (pioneered 1964), complex insert-molded leadframes (2009), and the first non-contact magneto-elastic torque sensor for automotive power steering (2009). Manufacturing is highly vertically integrated across assembly, decorating, electronics, metal, plastic, and testing capabilities, with production facilities in the United States, Mexico, China, Egypt, Malta, Finland, Belgium, and Germany, plus engineering centers in India. End markets span transportation (automotive, commercial vehicle, e-bike, aerospace, bus, rail), cloud computing infrastructure, construction equipment, and consumer appliances, with named customers historically including Ford, General Motors, General Electric, Bombardier, and NASA.

Methode generated FY2026 revenue of approximately $1.0 billion with 6,500+ employees globally. Revenue is generated through hardware sales of custom-engineered solutions priced on a quote-based, project-specific basis under multi-year OEM contracts. The go-to-market is sales-led, with embedded design engineers and direct engagement with global OEMs across North America, Europe, the Middle East, and Asia. FY2027 guidance projects net sales of $1.025B-$1.075B, with Power Solutions revenue growing at ~30% CAGR and data center sales up ~60% to ~$130M, partially offsetting automotive softness including EV program delays. Recent strategic actions include the $16M divestiture of dataMate to Bel Fuse, the Nordic Lights acquisition, and a One Methode operational transformation.

Name

Methode Electronics

Legal name

Methode Electronics, Inc.

Website

https://methode.com

Company type

Public

Founded year

1946

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Methode Electronics is a global supplier of custom-engineered mechatronic products — including user interfaces, LED lighting, power distribution, and sensors — serving automotive, industrial, and consumer OEMs across North America, Europe, the Middle East, and Asia.

Ownership category

akta.pro rank

Product category

Automotive Electronics Manufacturing

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Electrical Equipment, Appliance, and Component Manufacturing (335), Other Measuring and Controlling Device Manufacturing (334519)

SIC

Electronic Components & Accessories (3670), Electrical Industrial Apparatus (3620), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Automotive Lighting Systems & Components Manufacturing (LED/Headlamps/Signal/Interior) (IMACAJAF)

akta.pro secondary industries

Passenger Vehicle Electrical & Electronics Manufacturing (ICE) (IMACAAAK), Optoelectronic Components (LEDs, photodiodes, optocouplers, optical sensors) (IMAGAJAF), Specialty & Task/Workstation Lighting (Inspection/task lights, cleanroom/food-grade, portable work lights) (IMAGAIAK), Sensors & Instrumentation Electronics Manufacturing Services (Transmitters, analyzers, industrial sensors) (IMAGAGAL), Automotive Lighting Assemblies Manufacturing (Headlamps/Taillamps/Interior Lamps/DRLs) (IMACAKAG)

Keywords

• Custom mechatronic solutions
• Automotive electronic components
• Power distribution systems
• LED lighting solutions
• Industrial sensor technologies

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Custom-Engineered Solutions Sales: Methode Electronics designs, engineers, and produces mechatronic products for OEMs. Revenue is generated through the sale of custom-engineered solutions including user interface products, LED lighting systems, power distribution products, and sensors. The company operates through three reportable segments: Automotive, Industrial, and Interface.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Methode Electronics designs, engineers, and produces custom-engineered mechatronic products for original equipment manufacturers (OEMs), utilizing proprietary technologies across user interface, LED lighting, power distribution, and sensor applications. The company serves transportation (automotive, commercial vehicle, e-bike, aerospace, bus and rail), cloud computing infrastructure, construction equipment, and consumer appliance end markets through three reportable segments: Automotive, Industrial, and Interface.

Product overview

Methode Electronics is a leading global supplier of custom-engineered solutions organized into three business segments (Automotive, Industrial, and Interface). The company designs, engineers, and produces mechatronic products leveraging technologies for user interface, LED lighting system, power distribution, and sensor applications. The product portfolio includes Methode Electronics Automotive Group (user interfaces, LED lighting, sensors, chassis/powertrain solutions), Grakon (custom lighting for specialized vehicles), Nordic Lights (lighting for heavy-duty vehicles), Power Solutions Group (power distribution and thermal management), Hetronic (industrial wireless radio remote controls), TouchSensor (touch technologies and displays), and Methode Sensor Technologies (sensor solutions). Solutions serve transportation (automotive, commercial vehicle, e-bike, aerospace, bus/rail), cloud computing infrastructure, construction equipment, and consumer appliances markets.

Differentiator

Problem solved

Functional benefit

Brands

• Methode Automotive Group: Leading global developer of User-Interfaces, LED Lighting, Sensors, and Chassis and Powertrain signal/power distribution solutions for automotive markets.
• Grakon
• Nordic Lights
• Power Solutions Group
• Hetronic
• TouchSensor
• Methode Sensor Technologies

Products and services

• Methode Electronics Automotive Group Leading global developer of user-interfaces, LED lighting, sensors, and chassis and powertrain signal/power distribution solutions for automotive OEMs, including commercial vehicle, e-bike, aerospace, bus and rail applications.
• Grakon Custom lighting solutions for specialized vehicle markets including commercial vehicle, bus/coach, rail, automotive, sport/recreation, motorcycles, off-road, and industrial equipment.
• Nordic Lights Premium provider of high-quality lighting solutions for heavy-duty vehicles serving mining, material handling, agriculture, forestry, and construction markets.
• Power Solutions Group Leading global power distribution and thermal management provider designing and manufacturing innovative products for electric vehicles, military/aerospace, data center/storage, industrial equipment, energy storage, robotics, renewable energy, and power conversion applications.
• Hetronic Global leader in the design and manufacture of configured industrial wireless Radio Remote Control (RRC) system solutions for industrial mobile equipment, cranes, drones, locomotive/railway, marine, mining, forestry, and agriculture.
• TouchSensor Solutions provider with expertise in touch technologies, lighting, displays, and decorative fascia for appliance, vending machines, commercial appliance, fitness equipment, and medical equipment markets.
• Methode Sensor Technologies Focused on the design and development of core sensor solutions for global automotive and industrial clients, offering comprehensive knowledge from engineering feasibility through serial production across automotive, e-mobility, industrial, and aerospace markets.

Quantifiable outcome

• Power Solutions revenue growing at 30% CAGR to $318 million
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Bel Fuse Inc.minorOthers · 5 March 2026Bel Fuse acquired dataMate, Methode's copper transceiver business, for $16 million. The divestiture enables Methode to sharpen focus on power solutions for data centers and AI computing while allowing dataMate to expand within Bel Fuse's portfolio serving enterprise networking equipment manufacturers and telecom operators.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Aptiv: Aptiv is a global technology company focused on automotive electrical and electronic architecture, including connectors, power distribution, and advanced driver-assistance components. It is the closest large-scale comparable to Methode's automotive user interface, power distribution, and sensor business.
• Lear Corporation: Lear supplies automotive seating and electrical systems, including wiring, power distribution, and electronic modules to global OEMs. Its electrical segment overlaps directly with Methode's chassis/powertrain signal and power distribution products.
• Visteon: Visteon specializes in automotive cockpit electronics, including infotainment, instrument clusters, and displays. Its focus on integrated cockpit/center stack solutions is highly comparable to Methode's TouchSensor-based integrated center stack console products.
• Gentex Corporation: Gentex manufactures automatic-dimming mirrors, connected car, and automotive electronics including LED lighting. Its specialty vehicle electronics and lighting portfolio mirrors Methode's Grakon and Nordic Lights specialty vehicle lighting businesses.
• Sensata Technologies: Sensata designs and manufactures sensors and electrical protection devices, particularly for automotive, industrial, and aerospace applications. It is a direct peer to Methode Sensor Technologies and the broader automotive sensor portfolio.
• Bel Fuse Inc. Bel Fuse manufactures magnetics, circuit protection, and power conversion products, and just acquired Methode's dataMate copper transceiver business. It is a small but direct peer in industrial/data center electronics adjacent to Methode's Power Solutions Group.
• Yazaki Corporation: Yazaki is a leading global supplier of automotive wiring harnesses, power distribution, and instrumentation. Its automotive electrical and power distribution portfolio is highly comparable to Methode's chassis and powertrain signal/power distribution offerings.

Broad incumbents

• TE Connectivity: TE Connectivity is a global leader in connectivity and sensor solutions across automotive, industrial, aerospace, and data center markets. It overlaps with Methode's power distribution, sensor, and connector offerings but at much greater scale and across a broader portfolio.
• Amphenol: Amphenol is one of the world's largest manufacturers of interconnect, sensor, and antenna products serving automotive, industrial, IT/datacom, and aerospace markets. Comparable to Methode in automotive electronic interconnects and power distribution at substantially larger scale.
• Eaton Corporation: Eaton is a diversified industrial manufacturer with significant exposure to electrical power distribution, data center infrastructure, and vehicle electrification. It overlaps with Methode's Power Solutions Group serving data centers, energy storage, and EV customers, though at much larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/methode-electronics
• Xx.com/MethodeData

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A13 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Methode Electronics