We carry out product development in all our subsidiaries but most of our product development is concentrated in a number of development centers connected to our largest companies and groups of companies in the Group. In 2024, NIBE Group invested a total of SEK 1.4 (1.3) billion, corresponding to 3.5% of sales, in product development.
Commercialization
The strength of our brands is substantiated by products that are characterized by quality, innovation and which support sustainable development and are sold at competitive prices. Thanks to carefully considered marketing, we are perfectly placed to both increase our market share in existing geographical markets and expand into new markets.
Efficient and intelligent products result in reduced environmental impact
With a high rate of product development, continuously based on research and new technology and the use of new, more suitable substances and materials, we can offer products and solutions that appeal to the market while helping to reduce environmental impact.
By modifying existing products, and through our development of completely new products, we carry out preventive environmental risk assessments. The precautionary principle is part of our systematic approach to work and we apply this throughout the entire life cycle of the product. We are also working to reduce the amount of hazardous waste and for more recycling throughout the process.
Our LCE-classified products support the transition to a smaller carbon footprint and help customers improve energy efficiency and convert to renewable energy.
Our modern climate control solutions are becoming increasingly intelligent, and demand for remote control of the products and their functions via digital platforms is constantly growing. We use Artificial Intelligence (AI) tools to constantly evaluate various solutions that enable the products to respond to their surroundings and events without direct human interaction.
Cross-border collaboration, synergies between companies
There are many interactions between our subsidiaries. While there is overall clear autonomy with regard to marketing and sales, there is close collaboration around the development of new products and processes. The companies share knowledge and experience in a methodical way.
ACOUSTIC TEST CHAMBER FOR NOISE
Acoustic testing requires a specialized space. Testing must be carried out in a place where the sound can be isolated and unwanted noises are kept outside, an acoustic test chamber. The inner chambers are designed to keep sound and sound reflections to a minimum, ensuring accurate measurement of acoustic intensity. There are also functions for sound analysis to discover any product defects.
NIBE AB’s new Innovation Center has an acoustic testing chamber, one of four. Here, sophisticated testing is carried out before new products are launched on the market.