Innovation is the basis of future growth

A constant flow of new, innovative and sustainable products is the most important driver for ASSA ABLOY’s target of 5 percent organic growth.

Between the years 2013 and 2016 ASSA ABLOY has been ranked on Forbes list of the world's 100 most innovative companies no less than three times.

Today ASSA ABLOY is well established as the global product leader in mechanical, electromechanical and electronic locks and door opening solutions. R&D investment has increased almost 200 percent since 2006, reaching a new record level of SEK 2.2 billion in 2016.

The Group’s vision is to be the global leading, most successful and innovative provider of total door opening solutions in order to deliver trouble-free, secure and well-designed security solutions that give true added value to customers. The ambition is to double the innovation rate through a Group-wide innovation process, lean practices, common platforms and focused competence centers for development in all divisions

Investments in research and development

While innovation has been identified as crucial to reaching our organic growth target of 5 percent, it is by no means a recent addition to our strategy. Just 20 years ago ASSA ABLOY was a Scandinavian mechanical lock company. Today, we design, create, manufacture, install and service the full range of electromechanical and advanced door opening solutions.

With the expertise and experience we have gained over two decades, ASSA ABLOY is in a strong position to lead the future development of our industry, not only in terms of product development but business process and sustainable outcomes, ensuring our solutions are also affordable and safe for the planet.

Our innovation incubator, Future Lab, is where stakeholders can actively take part in shaping industry direction and product development.

Visit Future Lab