Haldex

What Haldex does

Haldex AB (publ) is a Swedish Tier-1 supplier of brake systems and air suspension solutions dedicated exclusively to heavy commercial vehicles — trucks, trailers and buses. Founded in 1887 in Landskrona, Sweden, the company sells to large OEM manufacturers globally and to the aftermarket (fleets, distributors, dealers and independent service centers). The product portfolio is organized into two areas: Foundation Brake (automatic brake adjusters, actuators, and the ModulT Gen 2 air disc brake, marketed as the lightest disc brake on the market) and Air Controls (Electronic Brake Systems such as EB+4.0, parking brake control, raising and lowering valves, compressed air dryers, ABS). Haldex is the global market leader in automatic brake adjusters (Europe and America) and holds leading positions in air suspension for trailers in Europe and buses in Asia. The company is developing the Electromechanical Brake (EMB), an emerging architecture with 50% fewer components than conventional pneumatic systems, targeted at electrified commercial vehicles. Haldex has produced over 100 million brake adjusters since 1962 and holds a historical patent on multi-channel ABS.

Haldex operates through three regional sales units — Americas (52% of sales), EMEA (42%) and APAC (6%) — with manufacturing in Brazil, China, Hungary, India, Mexico, the United States and Sweden, and sales, R&D and operations in 19 countries. Revenue is roughly balanced between OEM production (~49%) and aftermarket (~51%); within OEM exposure, trailer customers represent 34% of revenue and truck and bus manufacturers 15%. Go-to-market combines direct enterprise field sales to OEMs (long qualification cycles with joint development projects), fleet pull-through (where large fleets specify Haldex products at OEMs, generating indirect demand), and multi-channel aftermarket distribution via OES, distributors and independent workshops. In March 2023, Haldex was acquired by Germany-based SAF-HOLLAND SE and now operates as a wholly-owned subsidiary within a larger commercial vehicle components group; the company employs approximately 2,003 people worldwide.

Name

Haldex

Legal name

Haldex AB (publ)

Website

https://haldex.com

Company type

Public

Founded year

1887

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Haldex is a Swedish Tier-1 supplier of brake systems and air suspension solutions for heavy commercial vehicles (trucks, trailers, buses), serving global OEMs and the aftermarket through three regional sales units and manufacturing in seven countries. Now a wholly-owned subsidiary of SAF-HOLLAND SE following its March 2023 acquisition.

Ownership category

akta.pro rank

Product category

Commercial Vehicle Brake Systems

NAICS

Motor Vehicle Brake System Manufacturing (33634), Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing (33633), Motor Vehicle Parts Manufacturing (3363)

akta.pro primary industry

Truck Chassis, Axle, Suspension & Brake Systems Manufacturing (IMACABAL)

akta.pro secondary industries

Aftermarket Brake Components Manufacturing (Pads/Rotors/Calipers/Lines) (IMACANAB), Suspension Systems & Components (Springs/Shocks/Struts/Air Suspension) (IMACAIAA), Brake Control & Modulation Systems (ABS/ESC/EBD Modules & Hydraulics) (IMACAIAF), Brake, Suspension & Steering Service (Chassis Systems) (TLAKABAD)

Keywords

• Commercial vehicle braking
• Air suspension systems
• Heavy duty brake components
• Electronic brake systems
• Trailer brake adjusters

Headquarters

HQ city

Landskrona

HQ country

Sweden

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. OEM Production Sales: Sales of innovative brake systems and air suspension solutions to truck and trailer Original Equipment Manufacturers. Accounts for approximately 49% of Haldex's revenue. Involves long sales cycles with multiple milestones to qualify as a supplier for OEM manufacturers, requiring high technical innovation capacity and high-quality products.
2. Aftermarket Sales: Sales of spare parts and services to fleets, distributors, dealers, and independent service centers. Accounts for approximately 51% of Haldex's revenue. Includes high durability parts for newer vehicles, affordable products for older vehicles, and remanufactured components. The aftermarket is maintenance-led and tied to wear cycles and regulatory compliance.
3. Joint Venture Revenue: Revenue generated through joint venture with Zhejiang VIE Science and Technology Co., Ltd for electromechanical brake systems in China, focusing initially on the electric bus market.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Haldex designs, manufactures, and sells brake systems and air suspension solutions for heavy commercial vehicles including trucks, trailers, and buses. The product portfolio is organized into two areas: Foundation Brake (disc brakes, automatic brake adjusters, actuators for wheel ends) and Air Controls (Electronic Brake Systems, ABS, valves, compressed air dryers, parking brake control for safety and driving dynamics). Approximately 49% of revenue comes from OEM production sales and 51% from aftermarket spare parts and services to fleets, distributors, dealers, and independent service centers across 19 countries.

Product overview

Haldex offers a unified portfolio of brake systems and air suspension solutions for heavy commercial vehicles organized into two product areas: Foundation Brake and Air Controls. The Foundation Brake product line includes Automatic Brake Adjusters (ABA), Actuators, and ModulT Gen 2 Air Disc Brakes for wheel ends. The Air Controls product area includes Electronic Brake Systems (EBS), Raising and Lowering Valves, and Parking Brake Control, which improve safety and driving dynamics. Emerging technology includes the Electromechanical Brake (EMB), a disruptive system with 50% fewer components than conventional pneumatic systems. Products are available in multiple versions for different geographic markets and sold through regional sales units (Americas, EMEA, APAC) to OEM manufacturers and the aftermarket.

Differentiator

Problem solved

Functional benefit

Products and services

• Automatic Brake Adjuster (ABA) Component used in drum brakes to regulate the distance between the brake shoes and the brake drum. Market-leading component sold to commercial vehicle OEMs and aftermarket channels; gradually being replaced by disc brakes in newly produced vehicles.
• Actuators Used for both drum and disc brakes, available in several versions. A transition is taking place from drum brake to disc brake variants with the same technology.
• ModulT Gen 2 Air Disc Brake Complete disc brake system for both trucks and trailers. The second generation ModulT is the lightest disc brake on the market, sold as a complete foundation brake system for heavy vehicles.
• ModulX Air Disc Brake First generation of air disc brakes for heavy vehicles, marking Haldex's entry into air disc brake technology for the commercial vehicle market.
• Electronic Brake System (EBS) EB+4.0 Controls the brake system electronically, distributing brake pressure so there is always optimal braking power on the vehicle. Next-generation EBS brings parking brake control into electronic management with a modular and customizable platform that allows multiple systems to communicate, monitor, transmit, and act upon data.
• Raising and Lowering Valve Enables raising and lowering of the trailer for adaptation to the loading bay through manual control of the air suspension system.
• Parking Brake Control Ensures trailers cannot roll away and cause accidents when parked without a tractor. Standard in Europe with varying degrees of integrated functions.
• Electromechanical Brake (EMB) Disruptive brake technology for commercial vehicles that is safer and provides better braking controls compared to conventional air braking systems. Features 50% fewer components than pneumatic systems, enables extended range through weight and energy savings, lowers total cost of ownership, reduces CO2 emissions, and reduces noise. Developed through the joint venture with Zhejiang VIE Science and Technology Co., Ltd for the electric bus market in China.
• Air Suspension Solutions Air suspension systems for commercial vehicle trailers and buses. Haldex is the number one player in air suspension for trailers in Europe and for buses in Asia, providing leading market solutions through its product portfolio.

Quantifiable outcome

• 50% fewer components compared to conventional pneumatic braking systems with Electromechanical Brake technology
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Zhejiang VIE Science and Technology Co., LtdcoreStrategic or Co-development Partner · 1 January 2016Haldex and Zhejiang VIE Science and Technology Co., Ltd established a joint venture in 2016 to design, develop, produce, and sell electromechanical brake systems for commercial vehicles, with an initial focus on the electric bus market in China. This partnership leverages Haldex's braking technology expertise with VIE's local market knowledge.
• FAST GroupcoreStrategic or Co-development PartnerHaldex leverages joint venture partnership with FAST group as part of its strategic initiative to expand aftermarket via private brands and continue product development. FAST group is a strategic partner for aftermarket expansion.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Meritor: Commercial vehicle drivetrain, axle, and brake systems supplier serving truck and trailer OEMs. Direct competitor in heavy vehicle brake systems, axles, and suspension components with comparable customer base in North America and Europe.
• SAF-HOLLAND: Parent company of Haldex since March 2023, SAF-HOLLAND is a leading manufacturer of trailer components including axles, suspensions, and brake systems. Directly comparable in trailer market focus and product overlap, particularly in air suspension and drum/disc brake systems.
• Bendix Commercial Vehicle Systems: North American-focused commercial vehicle brake systems supplier (subsidiary of Knorr-Bremse), directly competing with Haldex in air disc brakes, ABS, and EBS for trucks and trailers. Strong overlap in the Americas market where Haldex generates 52% of sales.
• Knorr-Bremse: Global market leader in braking systems for rail and commercial vehicles, directly competing with Haldex in truck and trailer air disc brakes, EBS, and ABS. Comparable product portfolio and OEM customer base in the commercial vehicle segment.
• Wabco (ZF): Before being acquired by ZF, Wabco was a direct peer and global leader in EBS, ABS, and air suspension for commercial vehicles. Now part of ZF's Commercial Vehicle Solutions division, it remains the closest direct competitor to Haldex in electronic brake and suspension controls.

Broad incumbents

• Brembo: Global braking systems specialist known for passenger car and high-performance braking, with growing commercial vehicle brake system offerings. Competes with Haldex in disc brake technology and serves overlapping OEM customers.
• Continental AG: Major automotive supplier with a commercial vehicle division producing EBS, ABS, brake systems, and air suspension components. Competes with Haldex across multiple product lines with significantly broader resources and global reach.
• ZF Friedrichshafen: Global Tier-1 automotive supplier with a major commercial vehicle division (formerly Wabco), competing directly with Haldex in brake systems, EBS, ABS, and air suspension. Much larger scale with broader systems integration capabilities.
• Bosch Commercial Vehicle: Diversified automotive supplier with a commercial vehicle division producing braking systems, ABS, EBS, and electronic control units. Competes with Haldex in EBS and ABS technologies with stronger electronics and software capabilities.

Emerging players

• Akebono Brake Industry: Japanese brake system manufacturer with growing commercial vehicle presence, particularly in the Asia-Pacific market. Competes with Haldex in disc brake technology and represents a potential competitive threat in APAC where Haldex has only 6% revenue exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/haldex
• Xx.com/haldex_brake
• Facebookfacebook.com/haldex-brake-products-112919922077344

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Haldex