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Sandvik

HardwareStockholm, Sweden· One of 1636 Hardware companies tracked by AMPulse

A high-tech global engineering group providing solutions that enhance productivity, profitability, and sustainability for the manufacturing, mining, and infrastructure industries. (Note: Additive Manufacturing business unit being divested to Mimir, expected Q3 2026)

CEO / Founder
Stefan Widing
Team Size
10000+
Stage
Public
Total Funding
Publicly Traded
Key Investors
AB Industrivärden, BlackRock, Vanguard, Swedbank Robur Funds

Technology & Products

Key Products

Mining and Rock Excavation Equipment, Metal-Cutting Tools and Tooling Systems, Rock Processing Solutions (Crushers, Screens), Digital Manufacturing Solutions, Osprey® Gas-Atomized Metal Powders (being divested to Mimir, expected Q3 2026)

Technical position · AMPulse analysis

The company's primary advantage lies in its heavy investment in R&D, leading to advanced materials like Osprey® metal powders and digital solutions (CoroPlus®) that optimize the entire manufacturing value chain. This is combined with a push for sustainable solutions, including electrification of mining equipment.

Patent position

Sandvik's filings fell 65% to 19 in 2022-2024 from 54 in 2019-2021, far outpacing the 18% decline in tracked AM filings across the same patent offices, while its mix shifted toward binder or fusing-agent jetting, up to 92% of families from 60%. Sandvik's total of 92 families tops Caterpillar's 79. AMPulse analysis

Filing momentum
19 families filed 2022–2024, 54 in 2019–2021 (-65%); all tracked AM filings in the same offices -18%
Process mix, 2019–2021 → 2022–2024
Binder or fusing-agent jetting 60% → 92%
Focus, 2019–2021 → 2022–2024
Materials 100% → 100%
Filed in
EP 37%WO 34%US 32%CN 18%
Named competitors, AM patent families
Caterpillar 79

92 AM patent families in total. Recent years are still being published, so read a filing change against the same-office figure.

Differentiation

Value Proposition

To enhance customer productivity, profitability, and sustainability through unique expertise and solutions based on innovation, digitalization, and sustainable engineering.

How They Differentiate

Sandvik differentiates itself through a comprehensive product and service portfolio that covers the entire value chain, from materials to digital solutions. Its strong focus on R&D, sustainability (circularity and electrification), and close customer collaboration sets it apart from competitors who may focus on only one segment of the industry.

Market & Competition

Target Customers

Companies in mining, rock excavation, rock processing, and metal cutting industries.

Industry Verticals

Mining, Infrastructure, Manufacturing, Aerospace, Automotive, Energy, Medical

Competitors

Kennametal; Epiroc; Caterpillar

Growth & Milestones

Growth Metrics

2025 Revenue: SEK 121 billion. The Group had approximately 42,000 employees and revenues of about SEK 121 billion in more than 150 countries.

Major Milestones

1862: Company founded., 1942: Production of cemented carbide begins, Sandvik Coromant brand is born., 2022: Acquisition of Deswik, a leading mine planning software provider., 2022: The materials technology business, Alleima, is listed as a separate company., 2023: Acquisition of US-based Buffalo Tungsten, a manufacturer of tungsten metal powder., 2025: Acquisition of Verisurf Software, a 3D metrology software provider., 2025: Signed EUR 500 million loan agreement with the European Investment Bank., 2026: Acquisition of South Africa-based ThoroughTec Simulation., 2026: Acquisition of 80% of K&Y Diamond, ultra-precision diamond tools manufacturer., 2026: Acquisition of Mastercam India and select assets of CAD/CAM CONSULTING SERVICES INC. (CCCS) in July 2026., 2026: Acquisition of In-House Solutions, Inc. (MCAD) in Q1 2026., 2026: Acquisition of MCL CAD Systems in Q1 2026., 2026: Acquisition of AME Advanced Mechanical Engineering AB in Q1 2026., 2026: Announced divestment of Additive Manufacturing business unit to Mimir in May 2026 (expected to close Q3 2026).

Notable Customers

Confidential - serving global mining, automotive, and aerospace companies

https://www.home.sandvik/en/

Recent coverage of Sandvik

Official records

Filings, certifications, and programme counts AMPulse can show for this company.

  • [C] ISO_9001 · claimed

AM patents

AM-relevant patents linked to this company.

Patents
115
Granted
14
Families
92

Leading domains: process (114), material (111), equipment (29)

Filings by year: 2024: 6 · 2023: 7 · 2022: 6 · 2021: 39 · 2020: 10 · 2019: 20

  1. METHOD AND DEVICE FOR DETERMINING THE POSITION OF A PRE-FABRICATED DEVICE IN ADDITIVE MANUFACTURING04326464 · EP
  2. MODULAR CUTTING TOOL BODY AND METHOD FOR MANUFACTURING SAME111683776 · CN
  3. METHOD AND SYSTEM FOR CALIBRATING AN ADDITIVE MANUFACTURING SYSTEM2022243349 · WO
  4. METHOD AND SYSTEM FOR CALIBRATING AN ADDITIVE MANUFACTURING SYSTEM20240227015 · US
  5. THREE DIMENSIONAL PRINTING OF CERMET OR CEMENTED CARBIDE03993924 · EP