IVT Industrier AB
IVT Industrier AB is a Swedish heat pump manufacturer founded in 1970 and owned by Bosch Group, producing ground-source, air/water, air/air, and exhaust air heat pumps distributed through certified installers to residential and commercial customers primarily in Sweden.
- Company typePrivate
- Founded1970
- HeadquartersTranås, Sweden
- Headcount—
- GTM typeB2B
- OfferingHardware or Manufacturing
What IVT Industrier AB does
IVT Industrier AB is a Swedish manufacturer of residential and commercial heat pumps, founded in 1970 and headquartered in Tranås. The company operates as a subsidiary of Bosch Thermoteknik AB within the Bosch Group, with all trademarks owned by Robert Bosch GmbH. IVT produces a full portfolio of heat pumps across four technology categories: ground/earth/lake-source systems (Geo 200, Geo 600, Geo 700), air/water systems (AirX 400, AirX 400S, AirX 500), air/air systems (Aero 800, Aero 900 and the broader Aero series), and exhaust air systems (Vent 402), complemented by a dedicated larger-property line (Fastighetsvärmepumpar) for housing cooperatives and commercial buildings. The technology stack centers on inverter-controlled compressors extracting solar energy stored in geological or ambient sources, with proprietary features including BCM borehole control, SmartGrid electricity-price optimization, natural cooling (Naturkyla), and a connected product platform (IVT Anywhere II, IVT Connect Pro, IVT Energy Master) compliant with the EU Data Act.
IVT distributes exclusively through a network of SKVP-certified installers across Sweden, plus regional partners in the Czech Republic and Slovakia. The go-to-market is B2B2C: end customers are routed via the website or direct contact to local installers who quote, install, and service the equipment, with financing offered through LF Finans. Revenue streams include hardware sales to installers, extended warranty/insurance (Plusförsäkring up to 20 years via Arctic), ongoing service and maintenance through No1-service, and financing services. Customer segments are primarily Swedish single-family homeowners, with secondary segments in property owners, housing cooperatives (BRF), and new construction (where heat pumps are installed in roughly 9 of 10 new Swedish houses). A 2025 partnership with E.ON extends the connected ecosystem into a major European utility's app, and a product cadence through 2026 (Geo 700, AirX 500) signals continued investment in environmental performance and refrigerant transitions.
IVT Industrier AB firmographics
Firmographics- Name
- IVT Industrier AB
- Legal name
- Bosch Thermoteknik AB
- Website
- https://ivt.se
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Short description
- IVT Industrier AB is a Swedish heat pump manufacturer founded in 1970 and owned by Bosch Group, producing ground-source, air/water, air/air, and exhaust air heat pumps distributed through certified installers to residential and commercial customers primarily in Sweden.
- Ownership category
- akta.pro rank
IVT Industrier AB industry classification
Industry- Product category
- Heat Pump Manufacturing
- NAICS
- Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Plumbing, Heating, and Air-Conditioning Contractors (238220)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564)
- akta.pro primary industry
- Ventilation, Ducting & Air Distribution Equipment (IMAHAKAG)
- akta.pro secondary industries
- HVAC, Water Heaters & Indoor Air Quality Distribution (CRAOAFAJ), New Construction HVAC Rough-In & Final Set (Residential/Light Commercial) (HSAOAGAL)
Keywords
Where IVT Industrier AB is headquartered
LocationHeadquarters
- HQ city
- Tranås
- HQ country
- Sweden
- HQ region
- Europe
Offices2 records
Markets served
IVT Industrier AB business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Heat Pump Sales: Sale of heat pump units (geothermal, air/water, air/air, exhaust air) to residential and commercial customers through certified installer network. Revenue is generated from product sales to installers who then sell to end customers.
- Extended Warranty/Insurance: IVT Plusforsakring (Plus Insurance) extended coverage up to 20 years, providing ongoing revenue from existing installed base.
- Service and Maintenance: Ongoing service revenue through certified service partners, including regular maintenance, repairs, and emergency service (No1-service).
- Financing Services: IVT offers financing through LF Finans, providing customers with energy loans for heat pump installations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom Quote Required |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
IVT Industrier AB product offering
Product offeringCore offering
IVT designs, manufactures, and distributes a broad portfolio of heat pumps — including ground source (Geo series), air/water (AirX series), air/air (Aero series), and exhaust air (Vent series) units — for residential and commercial properties in Sweden, the Czech Republic, and Slovakia. Sales are executed exclusively through a network of certified and authorized installers, supplemented by IVT Centers (showrooms), a 24-hour service guarantee (No1-service), and an extended warranty program (Plusförsäkring up to 20 years). The legal operating entity is Bosch Thermoteknik AB, headquartered in Tranås, Sweden, with manufacturing in Sweden since 1970.
Product overview
IVT Industrier AB is a Swedish manufacturer of heat pumps founded in 1970, headquartered in Tranås, Sweden, and now part of the Bosch Thermoteknik Group. The company offers a comprehensive portfolio of heat pump products across four main categories: ground/earth/lake source heat pumps (Geo series including Geo 700, Geo 600, Geo 200), air/water heat pumps (AirX series including AirX 500, AirX 400, AirX 400S), air/air heat pumps (Aero series including Aero 800, Aero 900), and exhaust air heat pumps (Vent 402). The product line is complemented by a suite of digital services and accessories including the IVT Anywhere II mobile app (with SmartGrid optimization), IVT Connect Pro for service technicians, and IVT Energy Master. IVT also provides specialized solutions for larger properties (Fastighetsvärmepumpar) through a dedicated property division, along with extended warranty programs (Plusförsäkring up to 20 years), a 24-hour service guarantee (No1-service), and an authorized dealer network (IVT Center). The company offers connected/IoT products with app-based control and supports the EU Data Act requirements for product data access.
Differentiator
Problem solved
Functional benefit
Brands
- IVT Geo: Ground source heat pump product line for residential and commercial properties, extracting energy from bedrock, earth, or lake beds. Models include Geo 200 (commercial/large property), Geo 600, and Geo 700.
- IVT AirX
- IVT Aero
- IVT Vent
- IVT Connect Pro
- IVT Energy Master
- IVT AnyWork
Products and services
- IVT Geo 700 High-technology ground source (bedrock) heat pump for residential properties, using a natural refrigerant and extracting energy from bedrock to provide heating and domestic hot water.
- IVT Geo 600 Ground source heat pump designed for residential properties with a high design standard and an intuitive smartphone-like interface.
- IVT Geo 200
Quantifiable outcome
- Up to 80% heating cost reduction with geothermal heat pumps
- +3 more outcomes
Companies that use IVT Industrier AB
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
IVT Industrier AB technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability2 records
Feature5 records
IVT Industrier AB partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and supporting.
- E.ONcoreE.ON and IVT announced a partnership allowing connected IVT heat pumps to be controlled directly through the E.ON app. This integration enables customers to manage their heating alongside other energy services through E.ON's platform.
- SKVP (Svenska Kyl & Värmepumpföreningen)coreSKVP is the Swedish Refrigeration and Heat Pump Association that certifies heat pump installers. IVT installers must be SKVP-certified, ensuring high installation standards across the network.
- SGU (Sveriges Geologiska Undersökning)supportingSGU maintains the mandatory registry of energy boreholes since 1976. IVT installers use SGU data to check existing borehole information when planning installations.
- cerpadla-ivt.cz (IVT CZ)coreLocal Czech partner handling sales, installation, and service of IVT heat pumps in the Czech Republic market.
- IVT Slovakia (ivt.sk)coreLocal Slovak partner handling sales, installation, and service of IVT heat pumps in the Slovakian market.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
IVT Industrier AB competitors and assessment
Company assessmentDirect peers
- NIBE Energy Systems: NIBE is the largest Swedish heat pump manufacturer and IVT's primary domestic competitor. Both companies serve the Swedish residential heat pump market through certified installer networks with similar product portfolios covering geothermal, air/water, and exhaust air heat pumps.
- Vaillant Group: Vaillant is a European heating, hot water, and heat pump manufacturer serving residential and commercial markets. The company directly competes with IVT in European heat pump markets with comparable geothermal and air/water heat pump products.
- Viessmann: Viessmann is a leading German manufacturer of heating, industrial and refrigeration systems, including a comprehensive range of heat pumps. Like IVT, Viessmann serves residential and commercial customers through certified installer networks across European markets.
- Stiebel Eltron: Stiebel Eltron is a German manufacturer specializing in heat pumps, hot water, and ventilation technology. The company competes directly with IVT in European markets with comparable heat pump product lines (ground source, air/water) and installer-based distribution.
- Thermia (Danfoss): Thermia, now part of Danfoss, is a Swedish heat pump manufacturer with a strong Nordic presence. It directly competes with IVT in the Swedish geothermal and air/water heat pump markets, with overlapping product lines and similar installer-led distribution.
Broad incumbents
- Daikin: Daikin is the global market leader in HVAC and refrigeration, including heat pumps for residential and commercial applications. Daikin's broad product portfolio, R&D scale, and global distribution reach make it a broad incumbent competitor to IVT in the heat pump category.
- Carrier Global: Carrier is a global HVAC manufacturer offering residential and commercial heat pump solutions across multiple brands. As a broad incumbent, Carrier competes with IVT in commercial property heat pump applications and increasingly in European residential markets.
- Sanden (now part of Panasonic): Panasonic's HVAC business offers a comprehensive range of air-source heat pumps (Aquarea) for residential and commercial heating. As a broad incumbent with strong brand recognition and global distribution, it overlaps with IVT's product portfolio in the European heat pump market.
- Bosch Home Comfort (parent division): Bosch Home Comfort is the parent division of IVT, manufacturing heating and hot water solutions including heat pumps under multiple brands across global markets. It provides scale, R&D, and channel resources but also competes in adjacent geographies.
- Mitsubishi Electric: Mitsubishi Electric is a major global manufacturer of HVAC systems including air-source and ground-source heat pumps. Its Ecodan and other heat pump lines directly compete with IVT products in European markets, supported by extensive installer networks.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
IVT Industrier AB social profiles
Digital presenceIVT Industrier AB financial estimates
Financial estimateRevenue estimate
Valuation estimate
IVT Industrier AB leadership team
Management profileNumber of profiles
Profiles1 record
IVT Industrier AB subsidiaries and ownership
Company hierarchySubsidiaries2 records
IVT Industrier AB funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IVT Industrier AB 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 IVT Industrier AB
What does IVT Industrier AB do?
IVT designs, manufactures, and distributes a broad portfolio of heat pumps — including ground source (Geo series), air/water (AirX series), air/air (Aero series), and exhaust air (Vent series) units — for residential and commercial properties in Sweden, the Czech Republic, and Slovakia. Sales are executed exclusively through a network of certified and authorized installers, supplemented by IVT Centers (showrooms), a 24-hour service guarantee (No1-service), and an extended warranty program (Plusförsäkring up to 20 years). The legal operating entity is Bosch Thermoteknik AB, headquartered in Tranås, Sweden, with manufacturing in Sweden since 1970.
Is IVT Industrier AB a public or private company?
IVT Industrier AB is a private company. It is classified as corporate owned and is currently operating.
When was IVT Industrier AB founded?
IVT Industrier AB was founded in 1970.
Where is IVT Industrier AB based?
IVT Industrier AB is headquartered in Tranås, Sweden, in the Europe region.
How does IVT Industrier AB make money?
Four revenue lines are on record. Heat Pump Sales are the primary driver. The others are extended Warranty/Insurance, service and Maintenance and financing Services.
Who are IVT Industrier AB's main competitors?
Direct peers on record are NIBE Energy Systems, Vaillant Group, Viessmann, Stiebel Eltron and Thermia (Danfoss). Broad incumbents are Daikin, Carrier Global, Sanden (now part of Panasonic), Bosch Home Comfort (parent division) and Mitsubishi Electric.
Does IVT Industrier AB have an API?
Yes. IVT offers pre-information documentation for connected products and digital services in compliance with the EU Data Act. Pre-information documents are available for products including Logamatic5000 Control8000, CS2000AWF WLW156, CS5000AW, CS3000AW, Air2000i/Air4000i/Air6000i/Climate Logacool Aero, Aqua4000S/5000S/8000/LogawaterSoft, PowerMeter, Wallbox, Industrial-Boilers, and accessories. Connected products support data access for service technicians via IVT Connect Pro, and end users can access product data via IVT Anywhere II app. Developer documentation is at docs.bosch-homecomfort.com.
What industry is IVT Industrier AB in?
IVT Industrier AB's product category is Heat Pump Manufacturing. Its primary akta.pro industry code is IMAHAKAG, Ventilation, Ducting & Air Distribution Equipment, with a secondary code of CRAOAFAJ, HVAC, Water Heaters & Indoor Air Quality Distribution. Its NAICS code is 333415 and its SIC code is 3585.