Haldex Aligned to Market Trends

As a specialist in brake and suspension systems, Haldex is part of the rapid technology development in the automotive industry. Electrification, digitalization and increased focus on safety and climate change are strong global trends that are transforming the commercial vehicle industry.

Haldex’s market is affected by the requirements of customers and legislation. Technological development towards electrified vehicles has accelerated. There is increased focus on safety and environmental awareness, combined with the increasing importance of vehicle dynamics and lighter vehicles to reduce fuel consumption. The commercial vehicle industry is facing a technological revolution in the longer perspective, but the development of current technology is continuing in parallel with a focus on constantly minimizing energy losses and vehicle weight while optimizing performance. Haldex is well positioned to take the lead and develop solutions that meet customer challenges and exceed customer expectations.

Increased autonomy and safety

Growing cities and population increases drive the need for more transport and vehicles. When density on the road increases, vehicle safety becomes more important, which favors more technologically advanced brake systems.

Improvement of traffic safety is an ongoing development and many vehicle manufacturers have established a “zero vision” target in terms of fatal accidents. With increasing demand for road transportation and thereby higher traffic density on the road network, higher demands will be put on the vehicle safety systems such as the brakes and vehicle dynamics control.

The technology shift from drum brake to disc brake in both North America and China as well as legislation in China for automatic brake adjusters on newly manufactured vehicles will continue to have a positive impact on Haldex’s business. In markets outside Europe and North America, there is a clear trend towards customers increasingly demanding solutions at a more advanced technical level. This is especially true in large markets such as India and China. In countries with poor road network quality, trucks without a trailer are safer and most common. However, increased needs for transportation of goods also drives demand for better and more efficient usage which in turn drives demand for commercial vehicles. Increased quality of the road network also leads to different logistic models for transportation and an increased need for commercial vehicle combinations. This trend is positive as Haldex has a strong market position for trailers. Demand for more technically advanced vehicles also benefits Haldex. With increased needs for sustainable and efficient vehicles, Haldex solutions are becoming more attractive.