Schaeffler AG - Company Profile
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Schaeffler AG (Schaeffler) is a developer, manufacturer, and supplier of precision components and systems for automotive and industrial applications. The company's main activities include the production of components and systems for electric and hybrid powertrains, fuel cell powertrains, internal combustion engines, and chassis systems. It offers a wide range of products including rolling bearings, spherical plain bearings, plain bearings, mechatronics, linear products, and precision components. The company markets these products under the brands names of INA, LuK and FAG. Schaeffler's products are used across various industries including automotive, aerospace, rail, offroad, and industrial automation. It distributes its products and services through machinery and plant manufacturers, distribution partners, service providers, and directly to end customers. The company has geographic presence in the Americas, Europe and Asia-Pacific. Schaeffler is headquartered in Herzogenaurach, Germany.
Schaeffler AG premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Rolling Bearings | FAG |
| Clutch Systems | LuK |
| Plain Bearings | INA |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In April, the company expanded partnership with Hexagon's Robotics division to enhance the launch of humanoid robots, AEON, across factories worldwide. |
| 2026 | Contracts/Agreements | In April, the company signed an agreement to sell certain assets of Schaeffler Ultra Precision Drives GmbH i.L. to GAM Enterprises, LLC. |
| 2026 | New Products/Services | In January, the company expanded its portfolio with the FAG OPTIME E-CM monitors. |
Competitor Comparison
| Key Parameters | Schaeffler AG | Illinois Tool Works Inc | AB SKF | NSK Ltd | Leopold Kostal GmbH & Co KG |
|---|---|---|---|---|---|
| Headquarters | Germany | United States of America | Sweden | Japan | Germany |
| City | Herzogenaurach | Glenview | Goeteborg | Shinagawa-Ku | Ludenscheid |
| State/Province | Bayern | Illinois | - | Tokyo | Nordrhein-Westfalen |
| No. of Employees | 109,549 | 43,000 | 36,927 | 24,057 | 20,105 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Klaus Rosenfeld | Chief Executive Officer | Senior Management | 2014 | 60 |
| Christophe Hannequin | Chief Financial Officer | Senior Management | 2025 | 50 |
| Jochen Schroder | Chief Operating Officer | Senior Management | 2026 | 55 |
| Uwe Wagner | Chief Technology Officer | Senior Management | 2019 | 62 |
| Astrid Fontaine | Chief Human Resources Officer | Senior Management | 2024 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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