Semiconductor

Crestron Electronics, Inc.

Company Profile Analysis

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Crestron Electronics, Inc. - Semiconductor showcase

Year Founded & Workforce

1970-12-31

1,900 Employees

Industry

Semiconductor

Services

C

Crestron Electronics, Inc. Overview

Company Headquarters: US

Founded: 1971

Workforce: ~1,900

Company Working: Crestron Electronics, Inc. provides control and automation systems. The company offers hardware and software used to control and automate environmental systems such as HVAC, lighting, and window coverings; audio and video systems, as well as computer networks, and security systems. It also sells products such as amplifiers, touch panels, management software, remotes, controllers, tuners, cabling, and cabinet enclosures. The company markets and sells its products to government agencies, hospitals, schools, airports, hotels and casinos, museums, restaurants, and retailers. Crestron Electronics Inc. markets and distributes its products worldwide. It has around 57 offices spanning across 45 countries.

Strategy

Crestron continuous its partnerships with companies such as Apple Inc., Microsoft Corporation, and Google Inc. to get its products integrated into smart technology for homes and offices. Crestron with the help of Apple's Homekit, continuous to set up and operate smart home functions through Apple devices. Crestron's equipment also works with Google's home-oriented systems. Its Microsoft partnership is focused on the office in products such as the Microsoft Room System. The company is planning to open more offices in Asia-Pacific to expand its customer base.

Company Snapshot

1,900

Employees

1970-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Global presence
  • Strong brand value
  • Significant investments in R&D and innovative technologies

Weaknesses

  • Significant debts and financial difficulties

Opportunities

  • Growth of the energy sector in emerging economies

Threats

  • Competitive market
  • Growing number of local distributors

Key Developments

DateApproachDevelopment
September 2019PartnershipCrestron Electronics Inc. partnered with CoolAutomation, a developer of HVAC automation solutions, to provide native BACnet integration with Crestron Home OS 3. This partnership has enabled integrators to customize the BACnet modules within the Crestron Home app to ensure an intuitive and seamless installation.
May 2019PartnershipCrestron Electronics Inc. partnered with Domotz, Inc., a developer of remote home and network monitoring and management solutions, to integrate Domotz suite of products with Crestron’s smart home systems. This partnership empowers Crestron residential systems integrators to remotely monitor their customers’ systems and better assist them, while reducing support costs and improving operational efficiencies.
March 2019Product LaunchCrestron Electronics Inc. launched DIN-THSTAT DIN Rail Mountable thermostat to deliver clean, professional climate control installations. DIN-THSTAT is used with Crestron CHV-RTS, CHV-RTHS, or CHV-RSS temperature sensors to provide a three-stage heating and cooling, support three independent remote sensor inputs, a full-color LCD display for easy setup and diagnostics, and flexible Cresnet communications.

Product Offering

  • Crestron Electronics, Inc.
    • Crestron Flex
    • Smart Soundbar
    • DMPS/DM Lite
    • Crestron FT2 FlipTops
    • AirMedia
    • Remotes
    • Audio
    • Lighting
    • Shading
    • Touch Screens
    • Climate Control
    • Security and Door Locks
    • Sensors
    • Cameras
    • I/O Devices
    • Other Smart Home and Office Solutions

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Crestron Electronics, Inc. as part of our ongoing coverage of the Semiconductor sector, drawing on public company data, filings, and market intelligence.

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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Crestron Electronics, Inc.

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