@danfoss.com
Danfoss is a world-leading supplier of technologies for several industries in many markets.
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Danfoss is a Danish multinational corporation that specializes in providing energy-efficient solutions for a wide range of industries. Founded in 1933 by Mads Clausen, the company is headquartered in Nordborg, Denmark. Danfoss initially started as a small workshop producing compressors.
Over the years, the company expanded its product line and is now known for its expertise in refrigeration, air conditioning, heating, and hydraulics. Their main products include variable frequency drives, thermostatic valves, industrial automation equipment, and heat exchangers. Operating on a global scale, Danfoss has a presence in more than 100 countries and employs over 28,000 people.
The company has established noteworthy subsidiaries, joint ventures, and partnerships, including Danfoss Power Solutions, which specializes in hydraulic systems and components, and Sauer-Danfoss, a joint venture focused on mobile hydraulics. In terms of market position, Danfoss has emerged as a key player in the field of energy-efficient solutions. With annual sales exceeding β¬6 billion, the company has established a strong position globally.
It faces competition from other industry leaders such as Siemens, ABB, and Schneider Electric. Danfoss has continuously evolved its product lineup and strategy to meet the changing demands of its customers. In recent years, the company has focused on developing innovative solutions for renewable energy and electrification.
This includes products for solar energy systems, electric vehicle charging infrastructure, and energy-efficient solutions for buildings and industry. As of the latest updates, Danfoss continues to expand its global presence and invest in research and development to drive further growth. The company remains committed to sustainability and aims to reduce its own carbon footprint while helping customers achieve their energy-saving goals.
With a strong market position and a dedication to innovation, Danfoss is poised to continue its growth as a leader in energy-efficient solutions
Company Type
Privately Held
Company Size
10,001+
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