Siemens Energy AG - Company Profile
Powered by 
All the data and insights you need on Siemens Energy AG in one report.
$295
- Save hours of research time and resources with
our up-to-date Siemens Energy AG Strategy Report
- Understand Siemens Energy AG position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Related keylists
Business Description
Siemens Energy AG (Siemens Energy) is an energy technology company. It provides products and services for power generation, renewable energy, power transmission, industrial applications, power distribution and power storage. Siemens Energy operates through four reportable business segments: Gas Services, Grid Technologies, Transformation Industry and Siemens Gamesa. In FY2023, the company's capital expenditure stood at EUR1,228 million, which grew 6.1% YoY. The company has a presence in over 90 countries in Europe, North America, South America, Africa, the Middle East and Asia Pacific.
R&D Overview
Siemens Energy’s research and development (R&D) efforts focus on the development of new and advanced technologies, transmission systems and a broad patent and product portfolio. Its R&D aims at exploring new portfolio elements to tap into growth fields such as decarbonized energy and heat systems, energy storage systems and Power-to-X technologies. As of September 30, 2023, Siemens Energy held approximately 18,700 granted patents worldwide. In FY2023, the company spent EUR1,123 million on R&D, which was equivalent to 3.6% of its revenue.
Business Segments
Overview
Includes business activities relating to gas and large steam turbines, large generators, and heat pumps, as well as the associated control technology. The segment focuses on servicing the installed fleet of gas and steam turbines. It also includes services such as maintenance, performance enhancements, operation services, digitalization, and professional consulting
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Serves a broad range of customers including independent power producers, transmission and distribution system operators, and industrial and infrastructure customers in industries such as oil and gas, chemicals, mining, and operators of data centers, airports, and railway companies The products, systems, solutions, and services offered by the company overcome the challenges arising from the increasing complexity of the grid infrastructure as a result of integrating renewable energy and the trend toward distributed energy generation
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes the design, development, manufacturing, and installation of products, as well as on the provision of technologically advanced services in the renewable energy sector, with a focus on onshore and offshore wind turbines for various wind conditions.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Offers services for reducing g energy consumption and greenhouse gas emissions in industrial processes. Its portfolio includes integrated systems and solutions for various process industries.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Geographical Segments
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer