Manufacture of electrical equipment Companies Across Nordics

The Manufacture of electrical equipment industry across the Nordic region comprises 2,882 companies across 9 subindustries, spanning Finland, Sweden, Denmark, and Norway.

What distinguishes this market is its diverse composition, with the three largest subindustries being Production of other electrical equipment, Production of lighting equipment, Manufacture of electrical distribution and control boards and panels. Together, these segments represent the core of the Nordic manufacture of electrical equipment sector.

How Do We Source This Data ?

PRH (Finland), Bolagsverket (Sweden), CVR (Denmark), Brønnøysund (Norway). Combined with public data scraped online.

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Table of Content

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Summary and Key Data Points for Manufacture of electrical equipment Companies in the Nordic Region

    Total number of companies: 2,882

    Number of subindustries: 9

    Largest subindustry: 27.900 Production of other electrical equipment (1,103 companies, 38.3%)

    Second largest: 27.400 Production of lighting equipment (558 companies)

    Third largest: 27.120 Manufacture of electrical distribution and control boards and panels (445 companies)

    Most common company size: 1-10 employees (80.7% of companies)

    Large companies (€10M+ revenue): 173 companies

    Most common revenue range: 0-100k (60.0%)

Country Breakdown for Manufacture of electrical equipment

Distribution of manufacture of electrical equipment companies across the Nordic countries:

Companies

CountryCompanies% of NordicLarge (€10M+)% of Country Total
Finland66723.1%600.09%
Sweden72825.3%690.07%
Denmark1,03736.0%170.11%
Norway45015.6%270.05%
TOTAL2,882100%173–

Company Size Analysis of the Manufacture of electrical equipment Industry in the Nordic Region by Employee Count

Detailed breakdown of company sizes by employee count across all Nordic countries:

Companies

Employee RangeCompaniesPercentage
Over 500150.5%
200-500200.7%
100-200501.7%
50-99963.3%
11-4937413.0%
1-102,32780.7%
TOTAL2,882100%

Three Key Insights for Salespeople Targeting This Group

  1. Micro-business dominance: The vast majority (80.7%) of companies have 1-10 employees. Sales strategies should focus on simplified, cost-effective solutions suitable for small teams with limited IT resources.
  2. Enterprise opportunity: There are 85 companies with 100+ employees representing high-value accounts with larger budgets and more complex needs.
  3. Mid-market segment: The 470 companies in the 11-99 employee range often represent the best growth potential – established enough to invest, yet still agile in decision-making.

Revenue Distribution of Manufacture of electrical equipment Companies in the Nordic Region

Breakdown of companies by annual revenue across all Nordic countries:

Companies

Revenue Range (EUR)CompaniesPercentage
Over 100M240.8%
10M-100M1495.2%
1M-10M48917.0%
500k-1M1384.8%
200k-500k1946.7%
100k-200k1585.5%
0-100k1,73060.0%
TOTAL2,882100%

Three Key Insights for Salespeople Targeting This Group

  1. High-value targets: 173 companies generate €10M+ in annual revenue, representing premium prospects with significant purchasing power.
  2. Growth segment: The 489 companies in the €1M-10M range are often scaling rapidly and actively investing in tools and services.
  3. Volume opportunity: The 0-100k segment (60.0% of companies) offers significant volume potential with appropriate pricing models.

Top 50 Manufacture of electrical equipment Companies in the Nordic Region

The following table lists the top 50 companies based on revenue tier, including their country:

Companies

#Company NameCountryWebsiteRevenueEmployees
1ABB ABSwedenabb.comOver 100MOver 500
2ABB Electrification Sweden ABSwedennew.abb.comOver 100MOver 500
3ABB OyFinlandglobal.abbOver 100MOver 500
4Dahrén Sweden ABSwedendahrengroup.comOver 100M200-500
5Danfoss Drives OyFinlanddanfoss.comOver 100MOver 500
6Eaton Electric OyFinlandeaton.comOver 100M200-500
7Fagerhults Belysning AktiebolagSwedenfagerhult.comOver 100M200-500
8Glamox AS Avd TrondheimNorwayluminell.comOver 100MOver 500
9Hexatronic Cables & Interconnect Systems ABSwedenhexatronic.comOver 100M200-500
10Hitachi Energy Finland OyFinlandhitachienergy.comOver 100MOver 500
11Hitachi Energy Sweden ABSwedenhitachienergy.comOver 100MOver 500
12Ioncor OyFinlandvalmet-automotive.comOver 100MOver 500
13Jøtul ASNorwayjotul.noOver 100M100-200
14Kempower OyjFinlandkempower.comOver 100MOver 500
15LINAK A/SDenmarklinak-us.comOver 100MOver 500
16Micropower Sweden ABSwedenmicropower-group.seOver 100M200-500
17NKT HV Cables ABSwedennkt.seOver 100MOver 500
18Nexans Sweden ABSwedennexans.seOver 100M200-500
19Northvolt Ett ABSwedennorthvolt.comOver 100MOver 500
20Oy Lival AbFinlandlival.comOver 100M1-10
21Prysmian Finland OyFinlandprysmiangroup.comOver 100MOver 500
22Prysmian Group Sverige ABSwedencorporate.vattenfall.comOver 100M200-500
23Reka Kaapeli OyFinlandreka.fiOver 100M200-500
24Salcomp OyjFinlandsalcomp.comOver 100M1-10
25A/S VESTFROSTDenmarkvestfrostsolutions.com10M-100M100-200
26ALUWAVE ABSwedenaluwave.com10M-100M11-49
27AQ Elautomatik ABSwedenaqgroup.com10M-100M50-99
28AQ Enclosure Sollefteå ABSwedenaqg.se10M-100M50-99
29AQ Trafotek OyFinlandtrafotek.fi10M-100M100-200
30ARNON OYFinlandarnon.fi10M-100M200-500
31ASB VA-automation ABSwedenasb-ma.se10M-100M50-99
32AUSTEVOLL ELEKTRO ASNorwayaustevollelektro.no10M-100M50-99
33Alfen Elkamo Oy AbFinlandalfenelkamo.fi10M-100M50-99
34Ateljé Lyktan AktiebolagSwedenateljelyktan.se10M-100M100-200
35Aura Light ABSwedenauralight.se10M-100M50-99
36Auto-Maskin ASNorway10M-100M11-49
37BITZER Electronics A/SDenmarkbitzerelectronics.career.emply.com10M-100M100-200
38BTB Transformers AbFinlandbtbtransformers.com10M-100M1-10
39Baettr Lem A/SDenmarkbaettr.com10M-100M100-200
40Belid Lighting ABSwedenbelid.se10M-100M100-200
41Bevenic OyFinlandbevenic.com10M-100M100-200
42Boliden Electro ABSwedenbolidenelectro.se10M-100M11-49
43CG Drives & Automation Sweden ABSwedenemotron.se10M-100M50-99
44CUBIC- MODULSYSTEM A/SDenmark10M-100M100-200
45Calix ABSwedencalix.se10M-100M50-99
46Charge Node Europé ABSwedenchargenode.eu10M-100M50-99
47Comsys ABSwedenadfpowertuning.com10M-100M11-49
48Contac Solutions ABSwedencontac.se10M-100M50-99
49Danfoss Editron OyFinlanddanfoss.com10M-100M100-200
50Danfoss Power Electronics A/SDenmark10M-100MOver 500

Subindustries within Manufacture of electrical equipment in the Nordic Region

The Manufacture of electrical equipment industry in the Nordic region is divided into 9 distinct subindustries:

SubindustryCompaniesPercentage
27.900 Production of other electrical equipment1,10338.3%
27.400 Production of lighting equipment55819.4%
27.120 Manufacture of electrical distribution and control boards and panels44515.4%
27.110 Production of electric motors. generators and transformers2508.7%
27.200 Production of batteries and accumulators1756.1%
27.510 Manufacture of electrical household machines and appliances1384.8%
27.320 Manufacture of other electronic and electrical wires and cables1113.9%
27.330 Production of wiring material521.8%
27.520 Manufacture of non-electric household machines and appliances501.7%

The Manufacture of electrical equipment industry in the Nordic region is dominated by Production of other electrical equipment, representing 38.3% of all companies. Production of lighting equipment follows with 19.4% of companies.

Types of Manufacture of electrical equipment Companies in the Nordic Region

Distribution of company legal forms across all Nordic countries:

Company TypeCountPercentage
Limited Company (AB)66923.2%
Limited Company58020.1%
Private limited company41514.4%
Sole proprietorship31911.1%
Stock company1615.6%
Sole Proprietor602.1%
Personally Owned Small Business572.0%
Other foreign business321.1%
Sole Proprietorship311.1%
Limited Partnership200.7%

Key Insights for the Manufacture of electrical equipment Industry in the Nordic Region

Key Insights;

Market overview:

With 2,882 companies across four countries, this represents a substantial B2B opportunity in the Nordic manufacture of electrical equipment sector.

Geographic distribution:

Denmark leads with 1,037 companies (36.0%), followed by Sweden (25.3%), Finland (23.1%), and Norway (15.6%).

Target audience:

The dominant company form is Limited Company (AB) (23.2%), which typically indicates established businesses with formal structures and decision-making processes.

Specialization opportunity

The top three subindustries (Production of other electrical equipment, Production of lighting equipment, Manufacture of electrical distribution and control boards and panels) together account for a significant portion of the market, suggesting strong potential for industry-specific solutions.

Summary: Selling Successfully to Manufacture of electrical equipment Companies in the Nordic Region

The Nordic manufacture of electrical equipment market offers diverse opportunities across four countries with distinct but complementary business cultures.

  • Focus on scalable solutions that work for 1-10 employee companies while having upsell paths for larger enterprises.
  • Target the 173 high-revenue companies (€10M+) for premium offerings and strategic partnerships.
  • Consider country-specific approaches – each Nordic market has unique regulatory and business culture nuances.
  • The manufacture of electrical equipment sector is specialized – tailor your approach to specific subindustries like Production of other electrical equipment (1,103 companies) for better resonance with potential clients.

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Frequently Asked Questions about the Manufacture of electrical equipment Industry in the Nordic Region

How many manufacture of electrical equipment companies are there in the Nordic region?

There are 2,882 manufacture of electrical equipment companies across Finland, Sweden, Denmark, and Norway.

Which Nordic country has the most manufacture of electrical equipment companies?

Denmark has the most with 1,037 companies (36.0% of the Nordic total).

What is the largest subindustry within manufacture of electrical equipment in the Nordic region?

The largest subindustry is 27.900 Production of other electrical equipment, with 1,103 companies (38.3% of the market).

How many large manufacture of electrical equipment companies (€10M+ revenue) are there in the Nordic region?

There are 173 companies with €10M+ annual revenue across all Nordic countries.

What is the most common company size in the Nordic manufacture of electrical equipment industry?

The most common company size is 1-10 employees, representing 80.7% of all companies in this industry across the Nordic region.