Danfoss
Danfoss A/S is a privately held Danish multinational founded in 1968 that designs and manufactures variable frequency drives, climate solutions, heat pumps, high-pressure pumps, and sensing technologies for industrial, commercial, and residential customers globally.
- Company typePrivate
- Founded1968
- HeadquartersGrodzisk Mazowiecki, Poland
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Danfoss does
Danfoss A/S is a privately held Danish multinational founded in 1968, specializing in energy-efficient solutions across heating, cooling, and motor control. Its core product portfolio is organized around five divisions: Danfoss Drives (variable frequency drives, or VFDs, for industrial motor speed control, including the iC7 series with iC7-Hybrid and iC7-Marine variants), Danfoss Climate Solutions (heat pumps, HVAC, and refrigeration technologies including Danfoss Icon2 wireless controls and the EKE 100 1VK controller), High Pressure Pumps, Sensing Solutions, and the Danfoss Leanheat software suite for district heating optimization. The company also offers DrivePro services, including the 360Live remote monitoring platform, providing planned-maintenance and operational-cost optimization across the installed base of drives.
Revenue is generated primarily through hardware sales of VFDs, climate and heat-pump systems, high-pressure pumps, and sensors, supplemented by professional services (DrivePro) and recurring software revenue (Leanheat). Pricing is quote-based and routed through direct enterprise field sales, an authorized installer and channel partner network (including the Icon2 Expert Group program), wholesale distributors, and the Danfoss Product Store e-commerce platform. Customer segments span buildings (residential and commercial), industrial manufacturing, refrigeration and air conditioning, mobile hydraulics, marine and offshore, automotive (including EV thermal management), and emerging verticals such as tunnel infrastructure and AI data center cooling.
The company operates a global manufacturing and sales footprint including a renewable-energy-powered green factory in Grodzisk Mazowiecki (Poland), multiple Indian production and R&D facilities, a LEED Silver certified facility in Apodaca (Mexico), and a regional headquarters in Dubai serving Türkiye, the Middle East, and Africa. CEO Kim Fausing leads the parent company, with regional leadership including Ravichandran Purushothaman as President of Danfoss India. Recent strategic moves include a Rs 1,500 crore India investment program through 2030, a PowerNEU joint venture for Indian metals decarbonization, expanded Middle East partnership with Innomotics, and product launches targeting AI data center cooling.
Danfoss firmographics
Firmographics- Name
- Danfoss
- Legal name
- Danfoss A/S
- Website
- https://danfoss.pl
- Company type
- Private
- Founded year
- 1968
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Danfoss A/S is a privately held Danish multinational founded in 1968 that designs and manufactures variable frequency drives, climate solutions, heat pumps, high-pressure pumps, and sensing technologies for industrial, commercial, and residential customers globally.
- Ownership category
- akta.pro rank
Danfoss industry classification
Industry- Product category
- Industrial Automation and Climate Solutions
- NAICS
- Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)
- akta.pro primary industry
- Variable Frequency Drives (VFDs) (IMAGACAD)
Keywords
Where Danfoss is headquartered
LocationHeadquarters
- HQ city
- Grodzisk Mazowiecki
- HQ country
- Poland
- HQ region
- Europe
Offices6 records
Markets served
Danfoss business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Variable Frequency Drives (VFDs) Hardware Sales: Danfoss is a global leader in variable frequency drives (VFDs), selling industrial motor control hardware to OEMs, industrial manufacturers, and commercial building operators. VFDs optimize motor speed and energy consumption, representing a core revenue stream since 1968.
- Climate Solutions (HVAC/Heat Pumps) Hardware Sales: Sales of heating, ventilation, air conditioning, and heat pump systems for residential, commercial, and industrial applications, including products such as Danfoss Icon2, EvoFlat, and heat pump solutions for district energy and data center cooling.
- High-Pressure Pumps and Sensing Solutions: Sale of high-pressure pumps and sensing solutions for industrial and mobile hydraulic applications.
- Professional Services (DrivePro): Service offerings including DrivePro 360Live (monitoring and maintenance for VFDs), on-site and remote support, and training programs (Danfoss Learning).
- Software (Danfoss Leanheat): Software-as-a-service and software licensing for district heating optimization and building energy management via the Leanheat software suite.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Standard pricing for Danfoss products and services is provided on a quote basis through direct sales, authorized partners, or the Danfoss Product Store e-commerce platform. |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels6 records
Danfoss product offering
Product offeringCore offering
Danfoss designs, manufactures, and sells energy-efficient hardware, software, and services for motor control, heating, cooling, and power management. Its core offerings include variable frequency drives (VFDs) such as the iC7 series, climate solutions (heat pumps, HVAC, refrigeration), high-pressure pumps, and sensor components, supported by the Danfoss Leanheat district heating software and DrivePro lifecycle service programs. The company serves industrial OEMs, commercial building operators, marine and offshore customers, and residential markets worldwide.
Product overview
Danfoss is a Danish energy-efficient solutions provider offering a comprehensive portfolio of heating, cooling, and drive technologies. The core product ecosystem includes: Danfoss Drives (frequency converters since 1968, including the iC7 Series with iC7-Hybrid and iC7-Marine variants), Danfoss Icon2™ wireless heating controls, DrivePro® services including 360Live remote monitoring, Climate Solutions featuring heat pumps for data centers, Danfoss Leanheat® software suite for district heating optimization, and Sensing Solutions. The company also offers High Pressure Pumps and operates the Product Store e-commerce platform. Business divisions span Climate Solutions, Drives, High Pressure Pumps, Sensing Solutions, and Product Store, serving industries including automotive, buildings (commercial and residential), district energy, food and beverage, marine, mobile hydraulics, refrigeration and air conditioning, and water/wastewater treatment.
Differentiator
Problem solved
Functional benefit
Brands
- Danfoss Drives: World-leading manufacturer of variable frequency drives (VFDs) for electric motor control, operating since 1968
- Danfoss Climate Solutions
- Danfoss Leanheat
- DrivePro
- Danfoss Icon2
- iC7 Series
- EvoFlat
- EKE 100
Products and services
- Danfoss Drives (VFDs) World-leading frequency converters (VFDs) for electric motor speed control, serving OEMs, industrial manufacturers, and system integrators across multiple industries since 1968.
- iC7 Series Frequency Converters Future-ready frequency converters and power converters offering highest performance, cybersecurity, and scalability for industrial applications; includes iC7-Hybrid and iC7-Marine variants for industrial, hybrid, and marine use.
- Danfoss Climate Solutions
- Danfoss Icon2 Climate Control System
- DrivePro 360Live Service
- Danfoss Leanheat Software Suite
- High Pressure Pumps
- Sensing Solutions
- EKE 100 1VK Superheat Control Kit
- Danfoss Product Store (E-commerce)
Quantifiable outcome
- Up to 30% energy savings in industrial manufacturing through Danfoss drive technologies (e.g., Roca Group Gliwice factory)
- +4 more outcomes
Companies that use Danfoss
Customer profileNamed customers4 records
Segments7 records
Ideal customer profiles4 records
Danfoss technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature7 records
Danfoss partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- PowerNEUcoreDanfoss India and PowerNEU established a joint venture, Danfoss PowerNEU Private Limited, to provide decarbonisation solutions for India's metals and heavy industries. The partnership includes a manufacturing facility in Jamshedpur, Jharkhand and an Experience Centre for technology demonstrations and training, serving steel and metals producers across Jharkhand, Odisha, Chhattisgarh, and surrounding regions. Danfoss contributes its portfolio of power drives, climate solutions, and power solutions while addressing India's green steel demand projected at 4.49 million tonnes by FY30.
- InnomoticscoreDanfoss and Innomotics extended their global MoU to expand collaboration on customer service offerings for Danfoss's Low Voltage Drives and Innomotics Low Voltage Motors in the Middle East, specifically in the UAE region. The extended contract broadens their global partnership beyond the original agreement.
- Fibra MTYminorFibra MTY developed and owns a LEED Silver certified building for Danfoss in Apodaca, Nuevo Leon, Mexico. Fibra MTY is a Mexican real estate investment trust (fibra) that built the facility for Danfoss to host manufacturing of sensor components and compressors.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Danfoss competitors and assessment
Company assessmentBroad incumbents
- Lennox International: Lennox is a major HVAC equipment manufacturer (residential, commercial, refrigeration) competing with Danfoss Climate Solutions in heat pumps and commercial refrigeration, primarily in North America.
- Carrier Global: Carrier is a global HVAC, refrigeration, and cold chain incumbent. Overlaps with Danfoss in commercial refrigeration, heat pumps, and HVAC components, with strong brand position in residential and light commercial segments.
- Johnson Controls: Johnson Controls is a global leader in building HVAC, controls, and energy efficiency solutions. Highly comparable to Danfoss's building climate solutions and BACS-certified offerings for commercial buildings and district energy.
- Rockwell Automation: Rockwell Automation is a broad incumbent in industrial automation and drives (Allen-Bradley PowerFlex). Comparable to Danfoss on drives and industrial control, though with a stronger PLC-centric portfolio and North American bias.
- Trane Technologies: Trane Technologies is a global HVAC and climate solutions incumbent (Trane and Thermo King brands). Comparable to Danfoss Climate Solutions in commercial HVAC, heat pumps, and refrigeration, though with a more end-product-focused brand.
Direct peers
- ABB: ABB is a global leader in drives, motors, and industrial automation with a direct competing portfolio in variable frequency drives and motion control. Strongly comparable to Danfoss Drives across industrial OEMs and process industries.
- Schneider Electric: Schneider Electric is a broad incumbent in industrial automation (Altivar drives) and building HVAC/energy management. Highly comparable to Danfoss across drives, building controls, and data center infrastructure solutions.
- Yaskawa Electric: Yaskawa is a leading global manufacturer of AC drives (VFDs) and motion control products, directly competing with Danfoss Drives in industrial motor control, OEM machinery, and energy-saving applications.
- Siemens (Smart Infrastructure / Motion Control): Siemens competes with Danfoss in VFDs (Sinamics), HVAC/building automation, and industrial drives. Both serve similar industrial OEM and building end markets with comparable drive and climate solutions portfolios.
Emerging players
- Wilo SE: Wilo is a European leader in high-efficiency pumps and pump systems, overlapping with Danfoss High Pressure Pumps in industrial and HVAC pumping applications. Both compete in energy-efficient pump solutions driven by EU efficiency regulations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Danfoss social profiles
Digital presenceDanfoss compliance and trust
Trust signalCompliance2 records
Danfoss financial estimates
Financial estimateRevenue estimate
Valuation estimate
Danfoss leadership team
Management profileNumber of profiles
Profiles6 records
Danfoss subsidiaries and ownership
Company hierarchySubsidiaries3 records
Danfoss funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Danfoss M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Danfoss
What does Danfoss do?
Danfoss designs, manufactures, and sells energy-efficient hardware, software, and services for motor control, heating, cooling, and power management. Its core offerings include variable frequency drives (VFDs) such as the iC7 series, climate solutions (heat pumps, HVAC, refrigeration), high-pressure pumps, and sensor components, supported by the Danfoss Leanheat district heating software and DrivePro lifecycle service programs. The company serves industrial OEMs, commercial building operators, marine and offshore customers, and residential markets worldwide.
Is Danfoss a public or private company?
Danfoss is a private company. It is classified as corporate owned and is currently operating.
When was Danfoss founded?
Danfoss was founded in 1968. It employs 5,001 to 10,000 people.
Where is Danfoss based?
Danfoss is headquartered in Grodzisk Mazowiecki, Poland, in the Europe region.
How does Danfoss make money?
Five revenue lines are on record. Variable Frequency Drives (VFDs) Hardware Sales are the primary driver. The others are climate Solutions (HVAC/Heat Pumps) Hardware Sales, high-Pressure Pumps and Sensing Solutions, professional Services (DrivePro) and software (Danfoss Leanheat).
Who are Danfoss's main competitors?
Broad incumbents on record are Lennox International, Carrier Global, Johnson Controls, Rockwell Automation and Trane Technologies. Direct peers are ABB, Schneider Electric, Yaskawa Electric and Siemens (Smart Infrastructure / Motion Control). Wilo SE is listed as an emerging player.
Does Danfoss have an API?
No public API is recorded for Danfoss.
What industry is Danfoss in?
Danfoss's product category is Industrial Automation and Climate Solutions. Its primary akta.pro industry code is IMAGACAD, Variable Frequency Drives (VFDs). Its NAICS code is 3334 and its SIC code is 3585.