AQ Group AB operates through two main business segments: Components and Systems. The Components segment manufactures transformers, wiring systems, mechanical details, sheet metal processing, and injection-molded thermoplastics. The Systems segment delivers electric cabinets, power and automation solutions, and fully assembled machines in close collaboration with customers. Headquartered in Västerås, Sweden, the company maintains a global manufacturing footprint with facilities across Europe, North America, and Asia. AQ Group serves a diverse range of end markets, including commercial vehicles, railway, food and beverage, telecommunications, defense, aerospace, and energy industries. The company is known for its decentralized business model and focuses on long-term partnerships with industrial clients requiring reliable, custom-built parts and subassemblies.