Product Development Generates Growth and Improved Market Positions

Research and development drive the vehicle industry forward. Innovative new products generate growth and improved market positions for Haldex.

Haldex develops vehicle engineering solutions that improve vehicle dynamics, the environment and safety in the global vehicle industry. Efforts to develop innovative new products form the foundation of our continued growth and future profitability.

Nearly one-third of all Haldex products have been developed in the past five years.
Haldex is recognized as a company with the know-how and ability to industrialize innovations, and the Group has the world’s leading vehicle manufacturers as its customers. Product development work is conducted by every business area, often in cooperation with customers and partners, which guarantees future demand when the product is ready for market launch.

Primary Forces

Legislation calling for increased traffic safety, more stringent environmental requirements and improved vehicle dynamics, combined with demands for continuous cost rationalization, are the primary forces for product development in the vehicle industry. Products in these three areas are also considered to yield much higher growth than the vehicle industry in general, which provides Haldex good potential for increased value creation.

In parallel, the vehicle industry places demands for the differentiation of the products and customized solutions. Haldex’s strength is its ability to meet every customer’s individual needs based on platform design.

The point of departure in our product development lies in close customer relations that lead to new concepts and improvements of existing products. Complementing our own basic development work, Haldex has also acquired ideas and concepts over the years that have subsequently been upgraded for cost effective, high-volume production that has generated increased growth for Haldex and strengthened the Group’s market positions.