Renishaw plc: Business Overview, Financials & Competitive Analysis
Renishaw plc scores 7/10 on the AskCyborg Cyborg Score (Solid). Diversified precision engineering leader with strong niche expertise and international presence, though facing cyclical industrial demand and additive manufacturing segment challenges. With a market cap of £2.57B and strong fundamentals in precision measurement and healthcare sectors, Renishaw demonstrates solid market positioning. However, mixed regional performance and near-term growth headwinds temper.
What is Renishaw plc's industry? Renishaw plc (renishaw.com) operates in Precision Engineering & Scientific Instruments. AskCyborg classifies Renishaw plc under Precision Engineering & Scientific Instruments in its company registry.
Renishaw plc is an engineering and scientific technology company that designs, manufactures, distributes, sells, and services technological products and services, and analytical instruments and medical devices worldwi...
Cyborg Score thesis
Diversified precision engineering leader with strong niche expertise and international presence, though facing cyclical...
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Pro stress-test →Renishaw plc is an engineering and scientific technology company that designs, manufactures, distributes, sells, and services technological products and services, and analytical instruments and medical devices worldwide. The company specializes in metrology and healthcare, providing solutions such as coordinate measuring machines (CMMs), laser scanners, and additive manufacturing systems.
Strategic Profile
Pro stress-test →Renishaw is one of the world's leading engineering and scientific technology companies with expertise in precision measurement and healthcare, supplying products used in applications ranging from jet engine and wind turbine manufacturing to dentistry and brain surgery. With over 5,000 employees across 36 countries and 95% export-derived revenue of £691.3 million (FY2024), the company maintains a strong global market position.
Competitive Landscape
Pro stress-test →Renishaw competes in precision measurement and engineering technology markets with competitors including Dassault Systemes. The company maintains differentiation through proprietary measurement technology, healthcare device innovations, and additive manufacturing capabilities, while competing against larger industrial conglomerates and specialized metrology firms.
Industry Context
Renishaw plc operates in Precision Engineering & Scientific Instruments.
Key facts
Founded: 1973 · Headquarters: Wotton-under-Edge, UK · Employees: 5,339 · Revenue: £691.3M · Market cap: £2.57B