Hydraulics Competitor Landscape: Danfoss, Pt. 1
We have updated column D, rows 3-15 of the attached project spreadsheet with information on the company Danfoss. The type of hydraulic products manufactured by Danfoss are steering components, motors, pumps, and valves. Our research revealed that Danfoss sells all its products, including its hydraulic products, in over 100 countries globally. We have provided key points from our research below.
- The company sells its hydraulic products in North America, Latin America, Europe, Middle East, Africa and Asia.
- The official website for the company Danfoss does not accommodate product purchase. However, the company has launched an e-commerce website where customers can view detailed information on products, compare products, and track their orders. The e-commerce website is only open to certain countries at the moment. Plans for opening up the e-commerce website to other countries are in motion.
- Danfoss partners with distributors, however, these distributors are not limited to selling Danfoss products alone.
Your research team commenced our research on the company's website, starting with identifying the types of hydraulic products sold by the company. We moved on to the company's latest annual report for the year 2018 to identify information on the regions where their hydraulic products are sold. Regarding the company's product availability on third-party websites, we made use of popular E-commerce websites such as Aliexpress (the retail e-commerce store for the Alibaba group) and Amazon. We have provided all the requested information in the attached project spreadsheet.