Hexagon AB

Company Snapshot

Founded: 2000
Entity Type: Public
Employees: 24,800
Region: Americas
Revenue: $5,845.1 Millions
Revenue Year: 2024
Segment: Industrial Enterprise Solutions (IES)
Headquarter: Stockholm, Sweden
Key Geographics: Americas, Asia, Europe, Middle East and Africa
Corporate Address: P. O. Box 3692 SE-103 59 Stockholm, Sweden Tel. +46-8601-2620 www.hexagon.com

Company Overview

Hexagon AB is headquartered in Stockholm, Sweden. As of December 2024, the company has 24,800 employees and a presence in over 50 countries. Hexagon provides sensors, software and autonomous solutions. The company’s solutions drive productivity, efficiency and quality across various applications: industrial, infrastructure, safety, manufacturing and mobility. The Manufacturing Intelligence division of Hexagon offers data solutions for design and engineering, production and metrology to make manufacturing smarter.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Hexagon AB In Reports

Smart Transportation: Technologies and Markets

BCC Research Market Analyst says global smart transportation market was valued at $152.6 billion in 2023. The market is expected to grow from $181.7 billion in 2024 to $484.5 billion by 2029.

Global Digital Twin Market

BCC Research Market Analyst says global market for digital twins was valued at $11.5 billion in 2023. The market is expected to grow from $18.2 billion in 2024 to $119.3 billion by the end of 2029, at a CAGR of 45.7%.

Global Markets for Precision Farming

BCC Research Market Report says global market for precision farming is expected to increase from $8.5 billion in 2023 to $14.9 billion by the end of 2028, with a CAGR of 11.9%.

Company's Business Segments

  • Industrial Enterprise Solutions (IES) : This segment includes a Worldleading portfolio of Metrology Solutions Incorporating the Latest Sensor, Software Technologies for Fast, Accurate Measurements.
  • Geospatial Enterprise Solutions (GES) : This segment includes a world-leading portfolio of Reality-Capture Sensors from Laser Scanners, Airborne Cameras, Unmanned Aerial Vehicles (UAV) to Monitoring Equipment, Mobile Mapping Technologies, Precise Positioning.

Applications/End User Industries

  • Infrastructure
  • Construction
  • Automotive
  • Electronics
  • Aerospace
  • Defense
  • Power
  • Energy
  • Surveying
  • Power and Energy
  • Public Safety
  • Defence