Danfoss Group is fairly evenly split in its sales geography, with a third of its overall revenue coming from the Americas, a third from the Europe, Middle East and Africa region, and a third from Asia.
DPS, however, sees 50 percent of its revenue come from the Americas, a third from Europe and about 20 percent from Asia (the market seeing the greatest growth), Alstrom said.
One of the most difficult markets to penetrate is Japan, and the fact that Eaton has manufacturing facilities there makes Alstrom bullish on the prospect.
"Having lived there and worked there, and knowing how difficult it is to penetrate as a market—and Danfoss has a significant electrification business —by virtue of now having manufacturing there, we now have completely different opportunities," he said. "I cannot tell you how bullish I am on Japan.
"We are finally someone to be reckoned with there."
The future for the combined Eaton Hydraulics-DPS footprint in off-highway and on-highway electrification is bright, Alstrom added.
Whether accomplished through manufacturing locations or distribution channels, the notion of customer proximity has never been more important, the DPS president said.
"I want to emphasize again that Eaton's distribution channels are unparalleled," Alstrom said. "We have so many great new partners on both sides."
Globally, "all our markets have been red hot," Welter said.
"We haven't had a 100-year pandemic in 100 years, but all our markets have been red hot," he said. "That goes for construction, agriculture, material handling.
"On-highway with trucks may have softened a little bit, but right now all the markets are kind of in harmony. Housing demand is off the charts, as is stimulus infrastructure."
He added that DPS believes commodity pricing will remain high.
"The markets have been strong," Welter said. "Everyone has their own crystal ball, so we will see what happens."
The hydrostatics division president said the customer-centric attitude that both sides bring to the table will propel Danfoss Power Solutions in the years to come.
"It is like meeting your long-lost brothers and sisters," Welter said of the integration with DPS. "What we do makes a difference in the world. And that remains true today. ... It is all about the people. We do things in a very ethical manner, doing things right when no one is watching.
"It matters how you get results—and this is true not just in business but in the world. We also like to be successful, and we like to win. Our organization remains excited about the two business coming together."