Danfoss is a company that provides engineering solutions. It operates in three business segments: Power Solutions, Climate Solutions, and Power Electronics and Drives. The Power Solutions segment offers products and solutions within mobile and industrial hydraulics, fluid conveyance, electrification, and software. The Climate Solutions segment develops heating and cooling technology and solutions for buildings, cold chains, industry, and infrastructure. The Power Electronics and Drives segment specializes in AC drives, power semiconductor modules, and electrification solutions. The company caters to automotive, energy and natural resources, food and beverage, building, marine, offshore, and other industries.