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. Danfoss emphasizes sustainability, combining digitalization, innovation, and energy efficiency to create sustainable solutions.
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 Danfoss operates global Application Development Centers (ADCs) to collaborate with customers and partners in live testing environments, driving
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/
