@schaeffler.com
The Schaeffler Group is a leading global supplier to the automotive and industrial sectors.
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About
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The Schaeffler Group is a German multinational automotive and industrial components manufacturer. It was founded in 1946 by brothers Dr. Wilhelm Schaeffler and Dr.
Georg Schaeffler. The company's headquarters is located in Herzogenaurach, Germany. Schaeffler Group specializes in the production of high-precision components and systems for engines, transmissions, and chassis applications, primarily serving the automotive industry.
Their product portfolio includes rolling bearings, linear guidance systems, and engine components. The company operates on a global scale and has a significant presence in over 170 locations in more than 50 countries. They have a wide network of production facilities, research and development centers, and sales offices worldwide.
Schaeffler Group has several noteworthy subsidiaries, joint ventures, and partnerships, including LuK, INA, and FAG brands. In terms of market position, the Schaeffler Group is one of the world's leading manufacturers of rolling bearings and automotive components. They are known for their high-quality products, advanced technology, and innovative solutions.
With annual sales of around โฌ14. 4 billion in 2020, the company competes with major players in the automotive and industrial sectors. Schaeffler Group has achieved several notable events and achievements over the years.
In recent times, the company has been actively investing in research and development to drive innovation and develop cutting-edge technologies for e-mobility and digitalization. They have also been focusing on sustainability and environmental responsibility. As of the latest information available, Schaeffler Group continues to adapt to emerging market trends and challenges, such as the transition to electric mobility.
The company's current strategy includes expanding its product portfolio in electrification, digitalization, and automation to meet the changing needs of the industry. Schaeffler Group remains committed to providing high-quality products and solutions while maintaining its position as a global leader in automotive and industrial components manufacturing
Company Type
Public Company
Company Size
10,001+
Year Founded
1946
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