Hydratech

Hydratech Overview

Company Headquarters: Denmark

Founded: 1975

Workforce: ~400

Company Working: Hydratech is an expert in developing and producing hydraulic cylinders for offshore, marine, and industrial applications as well as cooling systems for the wind energy sector. With manufacturing facilities in China, the Czech Republic, and Denmark as well as a Service & Repair division with locations in USA, China, and Denmark, the company is able to provide its international clientele with comprehensive services. The Fluid Power division is headquartered in Vraa and is a leading provider of high-end customized hydraulic cylinders to Offshore-, Marine-, and Industrial applications. The Wind Power division is based in Silkeborg and is a major global supplier of hydraulic components for the wind turbine sector.

Strategy

Hydratech has constantly worked to enhance its strengths. By enabling high-performance wind turbine brakes, the company also hopes to aid in the transition to a future with net zero emissions while prioritizing the health of people and the environment. The business is adamant that new technology will revolutionize future design and construction practices in the sector.

Company Snapshot

400

Employees

1975

Founded

Denmark

Headquarters

SWOT Analysis

Strengths

Significant market presence
Highly skilled workforce through successful training and learning programs

Weaknesses

High attrition rate in work force
There are gaps in the product range sold by the company. This lack of choice can give a new competitor a foothold in the market

Opportunities

Lower inflation rate could be seen as profiting aspect for the company
Investments in intelligent power solutions

Threats

New technologies developed by the competitor or market disruptor could be a serious threat to the industry in medium to long term future
Trade disputes may impact business growth

Product Offering

Hydratech
- Wind Turbine Brake

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