The companies in Power Solutions develop and sell components and technological solutions for power supply and for steering and controlling movements or energy flows. Customers operate within the areas of special vehicles, telecom, environmental and medical technology, for example.
The business area’s companies are often involved in the customer’s design phase, and can therefore affect and optimise the customer’s end-product. The business area has a number of strong proprietary brands, has developed significant R&D expertise and conducts proprietary production in selected niches.
Power Solutions’ growth is largely driven by society’s rapid technological development – not least when it comes to electrification and the expansion of 5G. Accordingly, the business area has, for several years, invested in cutting-edge expertise in power supply and control. These investments have now generated competitive advantages as the technology has grown increasingly complex.
The business area’s companies often hold leading market positions in selected niches and their offering comprises battery solutions, power supply, ergonomic driver environments, control and activation of movements. Customers are mainly OEM companies, but also include a large number of end users, in and outside the Nordic region.
The business area is the Nordic region’s largest independent distributor of batteries and is the official agent for a number of world-leading brands, covering most battery types and applications.