Quarterlytics / Industrials / Electrical Equipment & Parts / nVent Electric

nVent Electric

NVT · ASX Industrials
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Ticker NVT
Exchange ASX
Sector Industrials
Industry Electrical Equipment & Parts
Employees 5001-10,000

Business description

London-based nVent Electric plc is a global company that specializes in designing, manufacturing, marketing, installing, and servicing electrical connection and protection products. The firm operates through three distinct segments, which include Enclosures, Electrical & Fastening Solutions, and Thermal Management. In the Enclosures segment, the company focuses on providing solutions to connect and protect critical electronics, communication, control, and power equipment. Additionally, the segment also provides indoor and outdoor protection for test and measurement and aerospace and defense applications in industrial, infrastructure, commercial, and energy verticals. The Electrical & Fastening Solutions segment provides fastening solutions to connect and protect electrical and mechanical systems, as well as civil structures. The segment also offers engineered electrical and fastening products. Finally, the Thermal Management segment is focused on offering electric thermal solutions to connect and protect buildings, infrastructure, industrial processes, and people. The segment also caters to the provision of thermal management systems comprising heat tracing, floor heating, fire-rated and specialty wiring, sensing, and snow melting and de-icing solutions. The company markets its products under the CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER brands. It serves various sectors such as energy, industrial, infrastructure, and commercial and residential sectors. nVent Electric plc primarily markets its products through electrical distributors, data center contractors, original equipment manufacturers, and maintenance contractors. The company was established in 1903 and has since built its reputation as a reliable provider of quality electrical connection and protection products.

nvent.com/en-us
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Company facts
TickerNVT
ExchangeASX
Sector Industrials
Industry Electrical Equipment & Parts
Employees5001-10,000