Danfoss is a global leader in engineering solutions, specializing in energy-efficient technologies that empower smart communities and industries. Founded in 1933 by Mads Clausen in Nordborg, Denmark, Danfoss has grown from a solo enterprise into a significant multinational corporation.
Key Details:
Headquarters: Nordborg, Denmark
Founded: 1933
Revenue: €10.7 billion (2023)
Net Income: €819 million (2023)
Employees: Over 40,000
Global Presence: Operating in over 100 countries with 95 manufacturing facilities and 23 R&D centers.
Business Segments:
1.Climate Solutions: Focuses on heating, cooling, and refrigeration systems to enhance energy efficiency in buildings and industrial applications.
2.Drives: Provides solutions for variable speed control of electric motors, enhancing energy efficiency and performance in various applications.
3.Power Solutions: Offers hydraulic and electronic systems for mobile and industrial equipment.
4.Sensing Solutions: Develops sensors and controls for applications in various industries.
5.Silicon Power: Specializes in power modules for the energy sector.
Sustainability:
Danfoss emphasizes sustainability, combining digitalization, innovation, and energy efficiency to create sustainable solutions. They are actively working on sustainable development goals and have substantial investments in innovation and digitalization.
Leadership:
CEO: Kim Fausing
CFO: Jesper V. Christensen
Key Executives: Eric Alström (President, Danfoss Power Solutions), Jürgen Fischer (President, Danfoss Climate Solutions).
Innovations and Facilities:
Danfoss operates global Application Development Centers (ADCs) to collaborate with customers and partners in live testing environments, driving advancements in their technologies.
Competitors:
Danfoss faces competition from companies like ABB, Emerson, Bosch Rexroth, Alfa Laval, and Parker Hannifin, among others.
Official website: https://www.danfoss.com/en-us/about-danfoss/company/