Schaeffler AG - Company Profile
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Business Description
Schaeffler AG (Schaeffler) develops, manufactures and supplies precision components for diverse applications. It is one of the largest industrial companies in Germany and Europe that offer plain bearings, rolling bearings, linear systems, and precision components for industrial, automotive and aerospace applications worldwide.
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R&D Overview
The company’s R&D efforts focus on surface technology, materials, and new standards in tribology. It operates through a network of 20 research and development centers across 25 countries as of December 31, 2022. The company works in partnership with customers for developing new solutions with high economic benefits. In FY2022, it spent EUR768 million on R&D, which as a percentage of revenue, stood at 4.85%. It the current financial year, the company filed 1,806 patent registrations with the German Patent and Trademark Office. Schaeffler also recorded over 2,201 inventions internally in FY2022.
Business Segments
Overview
Provides spare parts for passenger cars and commercial vehicles. comprises components and comprehensive repair solutions in original-equipment quality for engine, transmission, and chassis applications in the vehicles and light commercial vehicles, trucks and buses, and off road customer sectors.
Performance
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Overview
Carries out the development and manufacture of advanced products and system solutions for conventional drive trains with internal combustion engines and products for hybrid vehicles and components for all-electric vehicles. Meets the diversified needs of customers in the automotive sector that include manufacturers of passenger cars; hybrid and electric vehicles; automobile technology providers, spare part distributors and others. The company classifies it into four divisions: Engine & Transmission Systems, Chassis Systems, Bearings and eMobility. The major products of the Engine & Transmission Systems include camshaft phasing systems, valve-lash adjustment elements, variable valve train systems, hybrid dampers and torque converter. The major products of Bearings business include wheel bearing and needle roller bearings. Chassis systems develops and manufactures mechatronics systems and mechanical components for chassis applications. E-Mobility systems develops and manufactures electronic, mechatronic and mechanical components for electrical drive for commercial and passenger cars.
Performance
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Overview
It develops and manufactures drive technology, bearing solutions and monitoring solutions for industrial applications. It caters to the requirement of Aerospace, railway, off-road, two wheelers, wind turbines industries.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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