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Vacon Ltd

Full company profile

uuid003hitr

Namestring
Vacon Ltd
Legal namestring
Vacon Ltd
Websiteurl
vacon.com
Company typeenum
Private
Founded yearint
1993
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersVaasa, Finland
HQ citystring
Vaasa
HQ countrystring
Finland
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
variable frequency drives, AC motor drives, power converters, industrial drives, motor control
Industry2 codes
1Variable Frequency Drives (VFDs)
CodeIMAGACADPrimaryYes
2Power Electronics Manufacturing (Inverters/DC-DC/Onboard Chargers)
CodeIMACACADPrimaryNo
NAICS code2 codes
  • Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing333612
  • Relay and Industrial Control Manufacturing335314
SIC code2 codes
  • Motors & Generators3621
  • Electronic & Other Electrical Equipment (No Computer Equip)3600
Product category
Industrial Variable Frequency Drives
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1VFD and Power Converter Sales
TypeHardware Sales
Description

Sale of variable frequency drives, power converters, and related hardware products. The company offers the world's broadest portfolio of VFDs including low-voltage single/three-phase drives, medium-voltage drives, and intelligent drives.

danfoss.com
2Lifecycle Services and Support
TypeProfessional Services
Description

DrivePro services including maintenance, troubleshooting, and lifecycle management for installed base. Includes professional services and support contracts.

danfoss.com
3Software and Digital Tools
TypeSubscription Recurring
Description

Digital tools including MyDrive Suite and cloud-free AI capabilities for condition monitoring and predictive maintenance.

danfoss.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 2 records shown
1iC7 Series
Description

Future-proof drives and power converters delivering premium performance, cyber-resilience, and scalability.

danfoss.com
+1 more record
Core offering1 text field

Vacon Ltd, now operating as part of Danfoss Drives, manufactures and supplies variable frequency drives (VFDs), power converters, DC/DC converters, and soft starters that control electric motor speed and optimize energy efficiency for industrial applications. The offering spans low-voltage single/three-phase drives, medium-voltage drives, decentral drives, low-harmonic drives, and intelligent drives, complemented by DrivePro lifecycle services and MyDrive Suite digital tools.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Reduces energy consumption by up to 80% through variable speed control
+3 more records
Product overview1 text field

Danfoss Drives (which includes the Vacon brand) offers the world's broadest portfolio of variable frequency drives (VFDs) and power converters. The core product line includes Variable Frequency Drives (VFDs) — spanning low-voltage single- and three-phase drives, medium-voltage drives, decentral drives, low-harmonic drives, and intelligent drives — alongside innovative power converters for applications including fast charging, energy storage, shore supply, and hydrogen electrolysis. The flagship product series is the iC7 series of future-proof drives and power converters. The product portfolio also includes DC/DC converters (Vacon NXP), soft starters, and the MyDrive Suite of digital tools featuring AI-guided troubleshooting via MyDrive Assistant. Lifecycle services branded as DrivePro Services complement the hardware offerings. The VFDs are designed to optimize any motor technology (IM, PM, SynRM) and can reduce energy consumption by up to 80%.

Product and service3 records
1Variable Frequency Drives (VFDs)
CategoryCore Product
Description

Best-in-class power converters and variable-frequency drives that control the speed of electric motors by varying frequency and voltage supplied, optimizing efficiency for any electric or motor technology. Designed for industrial customers, OEMs, and system integrators.

2iC7 Series Drives
CategoryProduct Series
Description

Future-proof drives and power converters delivering premium performance, cyber-resilience, and scalability for industrial applications. Marketed as Ready for 2050.

3Low-Harmonic Drives
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

ABB Motion is one of the world's largest manufacturers of variable frequency drives and motors, offering a directly overlapping portfolio (ACS series) to industrial OEMs, system integrators, and end users across the same verticals served by Danfoss Drives.

TypeDirect peer
Description

Schneider's Altivar series is a broad VFD portfolio sold to OEMs, system integrators, and industrial end users, overlapping closely with Danfoss Drives' core offering and energy-efficiency value proposition.

TypeDirect peer
Description

Fuji Electric's Frenic series of inverters and broader power electronics business directly competes with Danfoss Drives in industrial drives, with strong overlap in factory automation and energy applications.

TypeDirect peer
Description

Rockwell's PowerFlex drives family is a core component of its Logix-based automation architecture, competing directly with Danfoss Drives for industrial OEM and end-user design wins in discrete and process manufacturing.

TypeDirect peer
Description

Siemens' Sinamics VFD line is a flagship industrial drive family competing head-to-head with Danfoss Drives across low-voltage, medium-voltage, and servo-adjacent applications in factory automation and process industries.

6INVT
TypeDirect peer
Description

INVT is a leading Chinese VFD and power electronics manufacturer with a broad low-voltage and medium-voltage drive portfolio, competing with Danfoss Drives on price-sensitive industrial applications globally and especially in Asia.

TypeDirect peer
Description

Yaskawa is a global drives and motion control specialist with the A1000, GA800, and related VFD families, directly competing with Danfoss Drives in industrial motor control and increasingly in power electronics for electrification.

TypeDirect peer
Description

Hitachi's industrial drive portfolio, including the SJ series and NE-S1 inverters, overlaps directly with Danfoss Drives across low-voltage and medium-voltage VFDs for OEMs, system integrators, and industrial end users.

TypeDirect peer
Description

Eaton's PowerXL drives family targets the same industrial OEM, system integrator, and end-user base as Danfoss Drives, with overlapping low-voltage and harmonic-mitigation product lines for industrial and building applications.

TypeDirect peer
Description

Mitsubishi Electric's FR series of inverters and broader factory automation portfolio directly overlap with Danfoss Drives across industrial motor control, OEMs, and system integrators, particularly in Asia and EMEA.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Vacon Ltd

Industrial Variable Frequency Drivesvacon.com

Vacon Ltd firmographics

Firmographics
Name
Vacon Ltd
Legal name
Vacon Ltd
Website
https://vacon.com
Company type
Private
Founded year
1993
Operating status
Operating
Headcount range
5,001–10,000 employees
Ownership category
akta.pro rank

Vacon Ltd industry classification

Industry
Product category
Industrial Variable Frequency Drives
NAICS
Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612), Relay and Industrial Control Manufacturing (335314)
SIC
Motors & Generators (3621), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
akta.pro primary industry
Variable Frequency Drives (VFDs) (IMAGACAD)
akta.pro secondary industry
Power Electronics Manufacturing (Inverters/DC-DC/Onboard Chargers) (IMACACAD)

Keywords

  • Variable frequency drives
  • AC motor drives
  • Power converters
  • Industrial drives
  • Motor control

Where Vacon Ltd is headquartered

Location

Headquarters

HQ city
Vaasa
HQ country
Finland
HQ region
Europe

Offices1 record

Markets served

Vacon Ltd business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

  1. VFD and Power Converter Sales: Sale of variable frequency drives, power converters, and related hardware products. The company offers the world's broadest portfolio of VFDs including low-voltage single/three-phase drives, medium-voltage drives, and intelligent drives.
  2. Lifecycle Services and Support: DrivePro services including maintenance, troubleshooting, and lifecycle management for installed base. Includes professional services and support contracts.
  3. Software and Digital Tools: Digital tools including MyDrive Suite and cloud-free AI capabilities for condition monitoring and predictive maintenance.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Vacon Ltd product offering

Product offering

Core offering

Vacon Ltd, now operating as part of Danfoss Drives, manufactures and supplies variable frequency drives (VFDs), power converters, DC/DC converters, and soft starters that control electric motor speed and optimize energy efficiency for industrial applications. The offering spans low-voltage single/three-phase drives, medium-voltage drives, decentral drives, low-harmonic drives, and intelligent drives, complemented by DrivePro lifecycle services and MyDrive Suite digital tools.

Product overview

Danfoss Drives (which includes the Vacon brand) offers the world's broadest portfolio of variable frequency drives (VFDs) and power converters. The core product line includes Variable Frequency Drives (VFDs) — spanning low-voltage single- and three-phase drives, medium-voltage drives, decentral drives, low-harmonic drives, and intelligent drives — alongside innovative power converters for applications including fast charging, energy storage, shore supply, and hydrogen electrolysis. The flagship product series is the iC7 series of future-proof drives and power converters. The product portfolio also includes DC/DC converters (Vacon NXP), soft starters, and the MyDrive Suite of digital tools featuring AI-guided troubleshooting via MyDrive Assistant. Lifecycle services branded as DrivePro Services complement the hardware offerings. The VFDs are designed to optimize any motor technology (IM, PM, SynRM) and can reduce energy consumption by up to 80%.

Differentiator

Problem solved

Functional benefit

Brands

  • iC7 Series: Future-proof drives and power converters delivering premium performance, cyber-resilience, and scalability.
  • MyDrive® Assistant

Products and services

  • Variable Frequency Drives (VFDs) Best-in-class power converters and variable-frequency drives that control the speed of electric motors by varying frequency and voltage supplied, optimizing efficiency for any electric or motor technology. Designed for industrial customers, OEMs, and system integrators.
  • iC7 Series Drives Future-proof drives and power converters delivering premium performance, cyber-resilience, and scalability for industrial applications. Marketed as Ready for 2050.
  • Low-Harmonic Drives

Quantifiable outcome

  • Reduces energy consumption by up to 80% through variable speed control
  • +3 more outcomes

Companies that use Vacon Ltd

Customer profile

Segments8 records

Ideal customer profiles5 records

Vacon Ltd technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature8 records

Vacon Ltd partnerships and signals

Strategic signal

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Vacon Ltd competitors and assessment

Company assessment

Direct peers

  • ABB: ABB Motion is one of the world's largest manufacturers of variable frequency drives and motors, offering a directly overlapping portfolio (ACS series) to industrial OEMs, system integrators, and end users across the same verticals served by Danfoss Drives.
  • Schneider Electric: Schneider's Altivar series is a broad VFD portfolio sold to OEMs, system integrators, and industrial end users, overlapping closely with Danfoss Drives' core offering and energy-efficiency value proposition.
  • Fuji Electric: Fuji Electric's Frenic series of inverters and broader power electronics business directly competes with Danfoss Drives in industrial drives, with strong overlap in factory automation and energy applications.
  • Rockwell Automation: Rockwell's PowerFlex drives family is a core component of its Logix-based automation architecture, competing directly with Danfoss Drives for industrial OEM and end-user design wins in discrete and process manufacturing.
  • Siemens: Siemens' Sinamics VFD line is a flagship industrial drive family competing head-to-head with Danfoss Drives across low-voltage, medium-voltage, and servo-adjacent applications in factory automation and process industries.
  • INVT: INVT is a leading Chinese VFD and power electronics manufacturer with a broad low-voltage and medium-voltage drive portfolio, competing with Danfoss Drives on price-sensitive industrial applications globally and especially in Asia.
  • Yaskawa Electric: Yaskawa is a global drives and motion control specialist with the A1000, GA800, and related VFD families, directly competing with Danfoss Drives in industrial motor control and increasingly in power electronics for electrification.
  • Hitachi Industrial: Hitachi's industrial drive portfolio, including the SJ series and NE-S1 inverters, overlaps directly with Danfoss Drives across low-voltage and medium-voltage VFDs for OEMs, system integrators, and industrial end users.
  • Eaton: Eaton's PowerXL drives family targets the same industrial OEM, system integrator, and end-user base as Danfoss Drives, with overlapping low-voltage and harmonic-mitigation product lines for industrial and building applications.
  • Mitsubishi Electric: Mitsubishi Electric's FR series of inverters and broader factory automation portfolio directly overlap with Danfoss Drives across industrial motor control, OEMs, and system integrators, particularly in Asia and EMEA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Vacon Ltd social profiles

Digital presence

Vacon Ltd financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Vacon Ltd leadership team

Management profile

Number of profiles

Vacon Ltd funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Vacon Ltd M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Vacon Ltd

What does Vacon Ltd do?

Vacon Ltd, now operating as part of Danfoss Drives, manufactures and supplies variable frequency drives (VFDs), power converters, DC/DC converters, and soft starters that control electric motor speed and optimize energy efficiency for industrial applications. The offering spans low-voltage single/three-phase drives, medium-voltage drives, decentral drives, low-harmonic drives, and intelligent drives, complemented by DrivePro lifecycle services and MyDrive Suite digital tools.

Is Vacon Ltd a public or private company?

Vacon Ltd is a private company. It is classified as corporate owned and is currently operating.

When was Vacon Ltd founded?

Vacon Ltd was founded in 1993. It employs 5,001 to 10,000 people.

Where is Vacon Ltd based?

Vacon Ltd is headquartered in Vaasa, Finland, in the Europe region.

How does Vacon Ltd make money?

Three revenue lines are on record. VFD and Power Converter Sales are the primary driver. The others are lifecycle Services and Support and software and Digital Tools.

Who are Vacon Ltd's main competitors?

Direct peers on record are ABB, Schneider Electric, Fuji Electric, Rockwell Automation, Siemens, INVT, Yaskawa Electric, Hitachi Industrial, Eaton and Mitsubishi Electric.

Does Vacon Ltd have an API?

No public API is recorded for Vacon Ltd.

What industry is Vacon Ltd in?

Vacon Ltd's product category is Industrial Variable Frequency Drives. Its primary akta.pro industry code is IMAGACAD, Variable Frequency Drives (VFDs), with a secondary code of IMACACAD, Power Electronics Manufacturing (Inverters/DC-DC/Onboard Chargers). Its NAICS code is 333612 and its SIC code is 3621.

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Live signals
GlobeNewswireVacon has received from the Finnish Financial Supervisory Authority an exemption from the regular duty of disclosureVacon Plc received an exemption from the Finnish Financial Supervisory Authority from publishing its Q2/2015 and Q3/2015 interim reports, 2015 financial statements, and related documents. The exemption was granted after Vacon's shares were delisted from NASDAQ OMX Helsinki on 15 May 2015, and the authority deemed it did not jeopardize investors' positions.GlobeNewswireDELISTING FROM NASDAQ OMX HELSINKI: VACON PLCVacon Plc's shares will be delisted from NASDAQ OMX Helsinki on 15 May 2015, the last trading day. Ownership of all shares has been transferred to the redeemer, Oy Danfoss Ab, in the redemption process.GlobeNewswireSUSPENSION OF TRADING: VACON PLCTrading in Vacon PLC shares was suspended on Nasdaq Helsinki on May 15, 2015, at 14:55 EET. The suspension was related to the shares' delisting process, with trading code VAC1V and ISIN FI0009009567.GlobeNewswireVacon Plc Interim report 1 January - 31 March 2015Vacon Plc reported Q1 2015 revenues of EUR 100.1 million, up 12.2% year-on-year, and operating profit of EUR 9.1 million, up 34.9%. The company applied to NASDAQ OMX Helsinki for delisting after Danfoss acquired its entire share capital. Vacon and Danfoss will merge their AC drive businesses in 2015.GlobeNewswireTHE SHARE OF VACON PLC WILL BE DELISTED FROM NASDAQ HELSINKIVacon's shares will be delisted from Nasdaq Helsinki after a majority shareholder redeems them, per the Finnish Companies Act. The delisting occurs once ownership of all shares transfers to the redeemer in the redemption process.GlobeNewswireVacon applies for delisting of its sharesVacon Plc applied to NASDAQ OMX Helsinki for delisting its shares, effective after Danfoss acquired the entire share capital. Danfoss holds 98.78% of Vacon and has initiated minority-share redemption proceedings. Vacon's 2014 revenue was EUR 409.4 million.GlobeNewswireVacon cancels treasury sharesVacon Plc decided to cancel all 56,164 treasury shares held by the company, a move that does not affect its share capital. The cancellation will be notified to the Trade Register, leaving the company with 30,533,836 shares. The announcement was made on February 12, 2015.GlobeNewswireVacon Plc Financial Statement Bulletin 1 January - 31 December 2014Vacon reported 2014 revenues of EUR 409.4 million, up 1.6% year-on-year, with order intake rising 6.2% to EUR 424.7 million. Operating profit excluding one-time items was EUR 47.2 million, or 11.5% of revenues. The company plans to merge its AC drive business with Danfoss in 2015.GlobeNewswireDecisions taken by Vacon Plc's Extraordinary General Meeting and the Board of Directors' organizing meetingVacon Plc's EGM on 12 January 2015 confirmed a five-member board and elected Danfoss executives, with no remuneration for the new term. The EGM revoked the shareholders' nomination board resolution, and the board elected Niels Bjørn Christiansen as chairman. The board also decided not to establish any committees, as Danfoss initiated compulsory redemption of Vacon's shares.GlobeNewswireNotice to the Vacon Plc Extraordinary General MeetingVacon Plc will hold an extraordinary general meeting on 12 January 2015 in Vaasa, Finland, to consider board remuneration, board size, and board members. Shareholder Oy Danfoss Ab, holding over 97% of shares, proposes a five-member board and its nominees, while also seeking to revoke a shareholders' nomination board. The meeting will also address revoking the resolution to establish a Shareholders' Nomination Board.