What CTS Corporation does

CTS Corporation, via its CTS Denmark A/S subsidiary (formerly Ferroperm Piezoceramics, founded 1952 in Kvistgård, Denmark), designs and manufactures piezoelectric ceramic materials and components used to convert between mechanical and electrical energy. Its portfolio spans bulk piezoceramics (PZT and lead-free systems including NBT-BT and KNN), multilayer tape-cast stacks, single crystals, printed thick films (InSensor™), flexible patches (PiezoPaint™), and complete sensor and transducer sub-assemblies across 42+ material grades. Underlying capabilities include ceramic powder pressing, tape casting, screen and pad printing, and material-batch-specific pilot production with full traceability from raw materials to finished components; specialty formulations support demanding applications such as high-temperature turbine ignition (Bismuth Titanate, Curie temperature 650°C), high-frequency ultrasound imaging (10-60 MHz), and medical HIFU.

The company sells to enterprise OEM customers across four primary verticals: medical and healthcare (diagnostic imaging, therapeutic ultrasound, surgical navigation), aerospace and defense (sonar, accelerometers, vibration and position sensors, aircraft systems), industrial (automation sensors, ultrasonic cleaning/welding, flow measurement, NDT), and transportation (accelerometers, pedal and foot controls, position sensors for EVs and hybrids). Revenue is generated through custom-quotation hardware sales on multi-year OEM contracts, executed through a hybrid direct-sales and authorized-distributor model, supported by field application engineers and a robust technical content library.

The Ferroperm entity merged with CTS Ceramics Denmark (formerly Noliac) under CTS Corporation (NYSE: CTS) in May 2024 to form CTS Denmark A/S, integrating capabilities across a broader 19-site global manufacturing and sales footprint spanning North America (8), Europe (5), and Asia (6). The combined business holds ISO 9001:2015, IATF 16949:2016, AS 9100:2016, ISO 14001:2015, ISO 45001:2018, and ATEX certifications across the relevant facilities. GTM combines enterprise field sales, distributor channels, technical webinars, and dense trade-show activity (COMPAMED, IAA Mobility, SENSOR+TEST, IEEE IUS) to reach regulated OEM design-in cycles.

Name

CTS Corporation

Legal name

CTS Corporation

Website

https://ferropermpiezoceramics.com

Company type

Public

Founded year

1952

Operating status

Operating

Headcount range

51–100 employees

Short description

CTS Corporation, through its CTS Denmark A/S subsidiary (formerly Ferroperm Piezoceramics), designs and manufactures piezoelectric ceramic materials, components, and sensors for OEM customers in medical, aerospace and defense, industrial, and transportation markets globally.

Ownership category

akta.pro rank

Headquarters

HQ city

Kvistgård

HQ country

Denmark

HQ region

Europe

Offices19 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Piezoelectric Components: CTS manufactures and sells piezoceramic components including bulk materials, multilayer products, single crystals, and printed thick films to OEM customers in aerospace, defense, industrial, medical, and transportation markets.
2. Sensors and Actuators: CTS designs and manufactures sensors (position, current, temperature, pedal/foot controls) and actuators for OEM applications. Products are sold directly to customers as engineered components.
3. Electronic Components: CTS produces electronic components including frequency control products, passive components, RF filters, and switches for various industrial applications.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

CTS Corporation designs, develops, and manufactures piezoelectric ceramic materials (bulk, multilayer, single crystal, and thick film) and electronic components including sensors, actuators, switches, and frequency control products. The company supplies these components to OEMs serving aerospace, defense, medical, industrial, and transportation markets. It operates globally with manufacturing and engineering facilities in North America, Europe, and Asia.

Product overview

CTS Corporation is an international engineering group that designs and manufactures sensors, actuators, and electronic components. The company operates as a platform of specialized product lines under the CTS | Ferroperm brand, offering piezoelectric products (bulk and multilayer piezoceramics, single crystals, printed thick films via InSensor™ and PiezoPaint™, and sensors/transducers), RF filters, frequency control products, position and current sensors, temperature sensors, switches, actuators, passive components, and pedals/foot controls. CTS | Ferroperm specializes in piezoceramic materials including PZT formulations and lead-free alternatives. The products serve aerospace/defense, industrial, medical, and transportation markets with components enabling applications in medical ultrasound, underwater acoustics, flow measurement, and non-destructive testing.

Differentiator

Problem solved

Functional benefit

Brands

• InSensor: Thick film PZT product line for compatibility with industry-common substrates including silicon and alumina for MEMS applications
• PiezoPaint
• Ferroperm

Quantifiable outcome

• Highest batch reproducibility in the industry through material-batch-specific production and pilot production testing
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• CTS CorporationcoreOthersParent company headquartered in the USA (NYSE: CTS), CTS Corporation acquired Ferroperm Piezoceramics and merged it with CTS Ceramics Denmark (formerly Noliac) to form CTS Denmark A/S in May 2024. CTS Corporation is a leading designer and manufacturer of sensors, actuators, and electronic components serving aerospace/defense, industrial, medical, and transportation markets globally.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• PI Ceramic GmbH: German manufacturer of piezoelectric ceramic components (bulk, multilayer, actuators) and a direct competitor to CTS Ferroperm in piezoceramic materials for medical, industrial, and aerospace applications. Highly comparable in product portfolio and customer base.
• APC International: US-based piezoelectric ceramics manufacturer producing bulk PZT components, transducers, and custom piezo elements. Comparable product lines, similar customer segments (industrial, medical, research), and direct overlap with Ferroperm's bulk piezoceramic offerings.
• Channel Technologies Group: Specializes in piezoelectric ceramics, single crystals, and high-power transducers for sonar, medical ultrasound, and industrial NDT applications. Directly comparable to CTS's transducer and piezoelectric component business.
• PI (Physik Instrumente): Parent of PI Ceramic and a leading supplier of piezo-based precision positioning systems and actuators. Overlaps with CTS's multilayer actuator and piezo positioning offerings, particularly for semiconductor, optics, and precision-engineering customers.
• STEMINC: US piezoelectric components manufacturer producing bulk piezoceramic elements, multilayer actuators, and custom piezo transducers. Similar specialty-materials focus and comparable product portfolio for industrial and OEM customers.
• SensorTech Inc. Canadian manufacturer of piezoelectric ceramic elements, custom transducers, and ultrasonic sensors for industrial, medical, and NDT markets. Comparable product range and customer overlap with CTS Ferroperm's piezoelectric component business.

Broad incumbents

• TE Connectivity: Global sensor and electronic components manufacturer serving industrial, automotive, and aerospace markets. Competitor to CTS's broader sensor portfolio (position, current, temperature sensors) but does not specialize in piezoelectric ceramics.
• Murata Manufacturing: Global leader in passive electronic components including piezoelectric ceramic buzzers, sensors, and multilayer ceramic actuators. Much larger and broader portfolio than CTS Ferroperm, but directly overlapping in piezo sensor and actuator categories.
• TDK Corporation: Japanese electronic components giant with a significant portfolio of multilayer piezoelectric actuators, piezo buzzers, and sensors. Operates broadly across many electronic component categories and competes with CTS in piezo actuators/sensors but is not specialty-focused on piezoceramics.
• Kyocera Corporation: Japanese ceramic technology company with significant piezoelectric ceramic components and electronic device divisions. Broad electronic components portfolio with overlapping piezo offerings for industrial and consumer markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cts-ferroperm-piezoceramics

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about CTS Corporation