Business Model & Value Chain

Belimo is a global market leader in the development, production, and sales of field devices for the energy-efficient control of heating, ventilation, and air- conditioning (HVAC) systems. The focus of its core business is on damper actuators, control valves, sensors and meters. Belimo actuators regulate air dampers and valve positioning, thereby ensuring precise airflow and temperature control. Its wide range of control valves (e.g. pressure-independent valves) supports heating and cooling systems. Its sensors monitor air quality, temperature, humidity, and pressure, and are crucial for modern building automation. With decades of expertise, Belimo is recognized as a leading innovator in HVAC control solutions, holding numerous patents and having introduced several industry-first proprietary technologies over the past 50 years.

Business Model

Belimo’s business model centers on delivering HVAC field devices that meet the evolving needs of the global building industry, with a focus on innovation, customer relationships, and sustainability. With an emphasis on product quality, durability with minimal maintenance, and highly innovative, technically advanced solutions, the Company has become a preferred choice in high-performance applications in large commercial buildings such as data centers, hospitals, schools and universities, offices, governmental buildings, infrastructure and industrial sites.

Belimo is committed to advancing clean technologies in the commercial building sector. Its actuators, valves, sensors and meters enhance building performance and indoor air quality while improving operational efficiency at a small relative cost to customers. Enhancements include reduced installation, commissioning, and maintenance efforts alongside reduced energy consumption. These improvements ultimately minimize environmental impact, reduce operational costs, and increase the building industry’s efficiency.

Belimo collaborates closely with original equipment manufacturers (OEMs) of HVAC systems and system integrators who incorporate Belimo products into large-scale HVAC projects. It provides them with extensive technical support, including planning, customization, calibration, and troubleshooting – and conducts training for HVAC professionals to optimize installation effectiveness.

Belimo shapes the future of sustainable building technology through continuous industry-leading investments in Research and Development (R&D) to develop smart, connected devices, as well as through collaboration with industry associations and further organizations. For example, Belimo has recently partnered with leading chip designers on next-generation cooling systems for AI-driven applications. The Company’s dedication extends beyond its products, as demonstrated by the Belimo Climate Foundation, which contributes to emission reduction and climate action.

There were no material changes in business activities, value chain, and other business relationships during the reporting year.

Value Chain

Belimo operates an asset-light business model, outsourcing most of its production costs. This allows Belimo to increase its flexibility and customer focus, supporting timely delivery of high-quality field services. Suppliers are considered key partners and play a vital role in maintaining a resilient supply chain and ensuring high product availability and quality. Long-term supplier partnerships are supported by long product life cycles, proximity and win-win focus. Suppliers contribute significantly to the Group’s innovative capacity by helping to meet and exceed end-user needs in a cost-effective manner.

Looking ahead, Belimo plans to implement a more modular approach to its product portfolio to streamline and automate production and further enhance responsiveness to customer needs.