What Terasaki Electric Co. (Far East) Pte Ltd does

Terasaki Electric Co. (Far East) Pte Ltd (TEFE) was founded in Singapore on 3 March 1973 as a joint venture between Terasaki Electric Co. Ltd. (Japan) and Lindeteves-Jacoberg Pte Ltd. The company became a wholly-owned subsidiary of Terasaki Japan in 2001 and today operates from a 75,000 sq ft factory at 17 Tuas Street, Singapore, acquired in 2012. Group-level headcount is reported at more than 200 staff across managers, supervisors, engineers, and production personnel, with wholly-owned subsidiaries including Electrimec Asia Pacific, Terasaki Circuit Breakers (TECS), Terasaki Electric (Shanghai), and Terasaki Electric (China) supporting an integrated manufacturing and distribution model.

TEFE designs, manufactures, and services electrical power distribution and control systems for marine, offshore, navy, and industrial customers. The core product set includes main switchboards, motor control centres, control consoles, and power distribution panels, complemented by proprietary automation platforms such as the Mega-Guard Power Management System (PMS), Mega-Guard Vessel Management System (VMS), Fleet Management System with encrypted remote monitoring, Bridge Automation Systems, Electric and Hybrid Propulsion PMS, and APS22/HS21 arc-proof low-voltage and medium-voltage (up to 12kV) switchgear certified to IEC 61439 and IEC/TR 61641. Major components such as circuit breakers and automatic control devices are sourced from Terasaki Japan and assembled in Singapore. ISO9001 (since 1995), ISO14001, and ISO45001 certifications plus type approvals from LR, BV, DNV, ABS, CCS, KR, and NK underpin qualification for marine and offshore contracts.

The business model combines customized one-time equipment sales with recurring aftermarket services (24-hour preventive maintenance, fault rectification, retrofitting, life extension) and spare parts supply. Go-to-market is direct enterprise sales augmented by regional offices across Europe, the Americas, China, Southeast Asia, the Middle East (including a new Qatar branch opened July 2025), and Oceania, plus biennial presence at the Asia Pacific Maritime exhibition. Customer base spans commercial shipping (MOL, Ocean Tanker, ExxonMobil LNG), offshore oil and gas (BW Offshore, MODEC, FueLNG), naval and coast guard fleets (Republic of Singapore Navy, Royal Thai Navy, Royal Navy of Oman, Singapore Police Coast Guard), and industrial buyers (Tuas Power, Land Transport Authority of Singapore, Turkmengas). With 20,000+ systems installed on ships worldwide, revenue depends on a long-tail installed base plus episodic large project wins, most recently signaled by a December 2022 MOU with Fast Offshore Supply, Shift Clean Energy, and RINA to integrate containerized energy storage systems for marine decarbonization.

Name

Terasaki Electric Co. (Far East) Pte Ltd

Legal name

TERASAKI ELECTRIC CO. (FE) PTE LTD

Website

https://terasaki.com.sg

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

51–100 employees

Short description

Terasaki Electric Co. (Far East) designs, manufactures, and services electrical switchboards, motor control centres, power management systems, and automation solutions for marine, offshore, navy, and industrial clients globally, with over 20,000 systems installed and a service network spanning seven continents.

Ownership category

akta.pro rank

Product category

Marine Electrical Equipment & Power Distribution Systems

NAICS

Switchgear and Switchboard Apparatus Manufacturing (335313), Relay and Industrial Control Manufacturing (335314), Electrical Equipment Manufacturing (33531), Electronic and Precision Equipment Repair and Maintenance (8112)

SIC

Switchgear & Switchboard Apparatus (3613), Industrial Instruments For Measurement, Display, And Control (3823), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Circuit Breakers, Disconnectors, Earthing Switches & Switchgear Components (EUADACAH)

akta.pro secondary industries

Protection, Control & Monitoring (Relays, RTUs, Fault Recorders, Condition Monitoring) (IMAGAAAD), Testing, Commissioning, Maintenance & Retrofit/Modernization (Substations/Switchgear) (EUADACAL), Switchgear, Breaker & Buswork Retrofit Services (AIS/GIS) (EUAEALAF)

Keywords

• Marine electrical switchboards
• Power distribution systems
• Offshore power management
• Naval electrical systems
• Industrial control panels

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Power Distribution Equipment Sales: Design, manufacture, and sale of high quality electrical switchboards and control systems including Main Switch Boards, Motor Control Centres, Control Consoles, and power distribution panels for marine, offshore, navy, and industrial applications.
2. Aftermarket Services: Comprehensive lifecycle services including routine preventive maintenance, fault finding, rectification and repair works, upgrading, modification, life extension and retrofitting services. 24-hour round-the-clock service support.
3. Spare Parts Supply: Supply of spare parts and electrical components including ACB, MCCB, alarm monitoring systems, power management systems, navigation lights control systems, battery chargers, sensors, printed circuit boards, and LCD monitors.
4. Customized System Design: Customized design of switchboards and control panels tailored to customer requirements for shipbuilding, ship repairing, oil gas industries, power generating plants, petro-chemical plants, and commercial constructions.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Terasaki Electric Co. (Far East) Pte Ltd designs, manufactures, and services electrical power distribution and control systems — including switchboards, motor control centres, power management systems, and automation systems — for marine, offshore, navy, and industrial customers. Major circuit breaker and automation components are imported from parent Terasaki Japan and assembled in Singapore, with products type-approved by major classification societies (LR, BV, DNV, ABS, CCS, KR, NK). The company also provides 24-hour aftermarket service, spare parts, retrofitting, and lifecycle support across a Global Service Network spanning seven continents.

Differentiator

Problem solved

Functional benefit

Products and services

• Mega-Guard Power Management System (PMS) Advanced automation system for full power plant automation including power management, diesel engine control, generator control, synchronizing, generator protection, and optional diesel engine safety system. Designed for marine vessels, offshore platforms, and industrial power plants, with each generator set having an independent autonomous PMS for highest reliability.
• Mega-Guard Vessel Management System (VMS) Modular ship automation system for medium to large size ships providing alarm and monitoring, extension alarm, valve/pump/fan control, cargo control, tank gauging, fuel oil transfer, ballasting, anti-heeling, firefighting, and conning functions. Targeted at commercial shipping operators and navies.
• Fleet Management System Cloud-based real-time monitoring platform enabling fleet operators to monitor all ships in the fleet from the office with route tracking history, automated report generation, map view of vessel positions, and 2048-bit SSL encrypted communication. Allows data comparison between vessels and parameter, alarm, and movement monitoring.
• Electric & Hybrid Propulsion Systems Power Management System for electric and hybrid propulsion in modern marine applications, including Energy Storage System (ESS) integration with containerized plug-and-play design for decarbonisation of vessel fleets.
• APS22 ARC-Proof Low Voltage Switchgear Low voltage switchboard with arc flash withstand capability, designed so that in an arc incident the fault exhausts upwards to minimize operator injury. Type-test certified to IEC 61439 and IEC/TR 61641 for marine, offshore, and industrial installations.
• HS21 ARC-Proof Medium Voltage Switchgear Medium voltage switchgear rated up to 12kV for marine and offshore use, with full type approval, metal-clad construction, and independent arc-fault testing for safety-critical installations.
• Bridge Automation Systems Complete range of bridge navigation and monitoring systems from Integrated Navigation Systems to stand-alone subsystems including CCTV, Navigation Lights Control, Fire Alarm, BNWAS (Bridge Navigational Watch Alarm System), Ship Performance Monitor, and Window Wipers Control. Targeted at commercial ship operators and naval fleets.
• Aftermarket Service & Lifecycle Support Comprehensive lifecycle services covering routine preventive maintenance, fault finding, rectification and repair works, upgrading, modification, life extension, and retrofitting. Includes 24-hour round-the-clock service availability aimed at reducing operating and lifecycle costs for marine, offshore, and industrial customers.
• Spare Parts Supply Supply of spare parts and replacement electrical components including ACB (Air Circuit Breakers), MCCB (Moulded Case Circuit Breakers), alarm monitoring systems, power management systems, navigation lights control systems, battery chargers, sensors, printed circuit boards, and LCD monitors for Terasaki-installed equipment.
• Customized Power Distribution & Control Systems Custom-designed switchboards and control panels including Main Switch Boards, Motor Control Centres, Control Consoles, and power distribution panels tailored to specific project requirements. Targeted at shipyards, offshore operators, power generation plants, petro-chemical plants, and commercial construction projects.

Quantifiable outcome

• 24-hour round-the-clock service support
• +2 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Fast Offshore Supply (FOS)coreStrategic or Co-development Partner · 6 December 2022MOU signed for integration of Energy Storage System (ESS) on FOS fleet as part of Green Initiative and Sustainability Program. Terasaki providing in-depth know-how to upgrade existing vessel MSB and PMS for vessel electrical system. Containerised ESS with plug-and-play connection for decarbonisation.
• Shift Clean EnergycoreStrategic or Co-development Partner · 6 December 2022MOU partner providing latest marine approved batteries and operational software (OnWätch) for FOS ESS system. Provider of energy storage solutions to decarbonize marine transport industry.
• RINAcoreImplementation/ SI/ Consulting Partner · 6 December 2022MOU partner providing classification and technical services. Reviewing ESS systems and providing Approval in Principle (AiP) for the project.
• Central & Eastern Europe Chamber of Commerce (CEEC) SingaporeminorGTM or Marketing Partner · 1 June 2021Gold Member of CEEC Singapore, a non-profit organisation for connecting and networking between CEE and Singapore business communities.

Scale indicators5 records

Recent moves16 records

Expansion highlights5 records

Broad incumbents

• Schneider Electric: Schneider Electric's industrial and infrastructure divisions supply switchgear, motor control, and energy management systems relevant to TEFE's industrial customer base. A broad incumbent with overlapping product capabilities but a far wider portfolio.
• Wärtsilä: Finnish marine technology major offering engines, hybrid propulsion, electrical systems, and lifecycle services. Overlaps with TEFE in vessel power distribution and lifecycle services, though at much larger scale and with a broader propulsion portfolio.
• Siemens Energy: Siemens Energy's marine portfolio includes BlueDrive integrated power systems and electrical propulsion for naval and commercial vessels. Comparable to TEFE in switchboard and PMS scope, with a much broader global footprint and digital twin offerings.
• Eaton: Diversified power management company with switchgear, motor control, and power management products serving industrial, marine, and offshore markets. Overlaps with TEFE on switchgear and industrial power distribution, but with a much broader product portfolio.
• ABB Marine: ABB's Marine business supplies switchboards, drives, propulsion, and integrated digital vessel solutions globally. It is the most established direct competitor in marine power distribution and the closest benchmark for TEFE's core product line.
• GE Power Conversion: GE's Power Conversion division supplies electrical power and propulsion systems for naval and commercial marine markets. Comparable scope in switchboards and power management, with particular strength in naval programs globally.

Direct peers

• RH Marine (formerly Imtech Marine): Dutch marine electrical and automation integrator focused on switchboards, navigation, and integrated bridge systems for naval and offshore vessels. A direct peer in custom-engineered marine electrical systems delivery.
• Alewijnse Marine: Dutch marine electrical integrator specializing in switchboards, automation, and power management for commercial and naval vessels. Closest peer in terms of product scope and customer type, though with stronger European geographic concentration.
• Bakker Sliedrecht: Netherlands-based marine electrical systems integrator focused on switchboards, drive systems, and power management for dredging, offshore, and naval vessels. A direct peer in custom-engineered switchboard and PMS delivery for marine and offshore.

Emerging players

• Kongsberg Maritime: Provides integrated vessel automation, power management, and digital solutions for commercial and naval maritime. Comparable on the PMS/automation side, though with stronger software and digital twin capabilities than TEFE.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=8-CrZjtss8I
• Facebookfacebook.com/TerasakiSG
• LinkedInlinkedin.com/company/terasaki-electric-co-far-east

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries5 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 Terasaki Electric Co. (Far East) Pte Ltd