The member companies operate in a range of sectors that include telecommunications, fabricated metal products, electronics, machinery and equipment, office machinery and apparatus, power industry, instrument technology, optics, motor cars and transport equipments.
The association also maintains an established task force to promote initiatives in technological innovation, research collaboration between universities and companies as well as design thinking that ultimately can enhance the global competitiveness of Sweden's industrial sector.
[3] In July 1896, as a result of the rapid industrial clustering and labor unionization, an industrial worker association (Swedish: Sveriges Verkstadsförening) was founded in Gothenburg,[4] the home of world headquarters for several Swedish multinational engineering companies including, Electrolux, Saab Group, Volvo Group as well as SKF.
The key objective is to nurture and inspire design work of viable commercial and competitive value for the Swedish manufacturing companies.
Each year a shortlist of finalist companies are nominated for The Grand Design Prize and awarded with grants.