The Power Technique business area provides air, power and flow solutions through products such as mobile compressors, pumps, light towers and generators, along with a number of complementary products.
The business area offers specialty rental and provides services through a dedicated, global network. Guided by a forward-thinking approach to innovation, Power Technique provides sustainable productivity solutions across multiple industries, including construction, manufacturing, oil and gas, and exploration drilling. The business area is headquartered in Belgium. Principal product development and manufacturing units are located in Europe, Asia, South America and North America.
First in Mind—First in Choice provider of on-site air, power and flow solutions for sustainable productivity The strategy is to grow by developing Atlas Copco’s market position and presence as a global supplier within portable compressors, pumps, generators and light towers, along with a range of complementary, market specific niche products, such as high-pressure boosters. The strategy also includes further development of specialty rental services as well as development of the service business; increasing revenues by offering more customers more services. Growth should be achieved in a way that is economically, environmentally and socially responsible.
The market for air, power and flow solutions has a large number of participants offering a wide range of products for different applications. The Power Technique business area focuses on a selected number of applications. Multiple segments are served by the business area’s offering. General and civil engineering contractors, often involved in infrastructure projects, demand light construction tools. Mobile air compressors, generators, light towers and pumps provide reliable power sources for tools and applications in the construction sector and numerous industrial applications. Contractors as well as rental companies are important customers for service, including spare parts, maintenance contracts, and repairs.
Power Technique has a leading or strong market position globally in most of its operations. Power Technique’s principal competitors include Doosan, Generac, Kaeser, Sullair, Xylem. In addition, there are a large number of competitors operating locally or regionally.