← Home
🚀 Sign up Free for Public Company Valuation & Insights!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free Video Highlights
Schaeffler 
Industry & manufacturing / Rolling element bearings
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
The Schaeffler Group is a global automotive and industrial supplier based in Germany. It was founded in 1946 by brothers Wilhelm and Georg Schaeffler, and is currently headquartered in Herzogenaurach, Germany. The company is divided into three main divisions: Automotive OEM, Automotive Aftermarket, and Industrial. Its products include engine, transmission, and chassis components in the automotive sector, as well as bearings and other components for industrial applications.
The company has a global presence, with over 170 locations in more than 50 countries. It employs over 92,000 people worldwide and generated sales of around 14.2 billion euros in 2020.
In addition to its main divisions, Schaeffler also has a separate division dedicated to research and development, as well as a digitalization unit focused on developing software and services for the mobility of the future.
In recent years, Schaeffler has made significant investments in electric mobility and autonomous driving, as well as in the development of sustainable technologies for the automotive industry. The company has also been recognized for its commitment to sustainability, receiving awards for its environmental, social, and governance practices.
Overall, the Schaeffler Group is a major player in the automotive and industrial supply industry, with a strong global presence and a focus on innovation and sustainability.
The company has a global presence, with over 170 locations in more than 50 countries. It employs over 92,000 people worldwide and generated sales of around 14.2 billion euros in 2020.
In addition to its main divisions, Schaeffler also has a separate division dedicated to research and development, as well as a digitalization unit focused on developing software and services for the mobility of the future.
In recent years, Schaeffler has made significant investments in electric mobility and autonomous driving, as well as in the development of sustainable technologies for the automotive industry. The company has also been recognized for its commitment to sustainability, receiving awards for its environmental, social, and governance practices.
Overall, the Schaeffler Group is a major player in the automotive and industrial supply industry, with a strong global presence and a focus on innovation and sustainability.
What is special about the company?
There are several unique aspects of the Schaeffler company that set it apart from other companies in the same industry:
1. History and Tradition: The Schaeffler company has a long history and has been in operation since its establishment in 1883. It has faced and overcome many challenges, evolving into a global company with a strong heritage and tradition.
2. Innovation and Technological Advancements: Schaeffler has a strong focus on research and development, with over 8,000 employees working in this area. The company has filed hundreds of patents every year and invests a significant amount of its revenue in developing new technologies, products, and solutions.
3. Global Presence: Schaeffler is a truly global company with operations in over 170 countries, making it one of the largest and most widespread companies in the industry. Its global presence allows it to serve customers worldwide and benefit from diverse perspectives and expertise.
4. Diversified Product Portfolio: Schaeffler has a broad range of products and solutions, including bearings, automotive technologies, industrial services, and other precision components. This diversification helps the company mitigate risks and ensures a stable income stream.
5. Commitment to Sustainability: Schaeffler is committed to sustainability in its operations, products, and supply chain. The company has set ambitious goals for reducing its environmental footprint and promoting sustainable practices throughout its business operations.
6. Strong Corporate Culture: Schaeffler has a unique corporate culture, which is built on trust, respect, and collaboration. The company values its employees and fosters a culture of innovation, diversity, and open communication.
7. Customer-focused Approach: Schaeffler puts its customers at the center of everything it does and aims to provide them with the best quality products and services. The company prides itself on its close relationships with customers and its ability to understand their needs and provide tailored solutions.
1. History and Tradition: The Schaeffler company has a long history and has been in operation since its establishment in 1883. It has faced and overcome many challenges, evolving into a global company with a strong heritage and tradition.
2. Innovation and Technological Advancements: Schaeffler has a strong focus on research and development, with over 8,000 employees working in this area. The company has filed hundreds of patents every year and invests a significant amount of its revenue in developing new technologies, products, and solutions.
3. Global Presence: Schaeffler is a truly global company with operations in over 170 countries, making it one of the largest and most widespread companies in the industry. Its global presence allows it to serve customers worldwide and benefit from diverse perspectives and expertise.
4. Diversified Product Portfolio: Schaeffler has a broad range of products and solutions, including bearings, automotive technologies, industrial services, and other precision components. This diversification helps the company mitigate risks and ensures a stable income stream.
5. Commitment to Sustainability: Schaeffler is committed to sustainability in its operations, products, and supply chain. The company has set ambitious goals for reducing its environmental footprint and promoting sustainable practices throughout its business operations.
6. Strong Corporate Culture: Schaeffler has a unique corporate culture, which is built on trust, respect, and collaboration. The company values its employees and fosters a culture of innovation, diversity, and open communication.
7. Customer-focused Approach: Schaeffler puts its customers at the center of everything it does and aims to provide them with the best quality products and services. The company prides itself on its close relationships with customers and its ability to understand their needs and provide tailored solutions.
What the company's business model?
The Schaeffler company is a global automotive and industrial supplier that specializes in manufacturing and supplying components for engines, transmissions, and chassis applications as well as rolling bearings and linear products. The company’s business model is focused on providing innovative and high-quality solutions to its customers in the automotive and industrial sectors.
The key elements of the company’s business model include:
1. Market and product focus: Schaeffler has a strong focus on the automotive and industrial markets, where it offers a wide range of products such as bearings, engine components, transmission systems, and chassis components. The company’s research and development efforts are also primarily focused on these markets to ensure that it remains at the forefront of technological advancements.
2. Global presence: Schaeffler operates in over 170 locations in more than 50 countries around the world, ensuring a strong global presence and local support for its customers. This allows the company to quickly respond to customer needs and adapt to emerging market trends.
3. Diversified customer base: The company’s customer portfolio is diversified, serving a wide range of customers including automotive manufacturers, industrial companies, and aftermarket customers. This helps the company mitigate risks and reduce dependence on any one market or customer.
4. Strong partnerships: Schaeffler has strategic partnerships with major automotive manufacturers and industrial companies, which provide a steady stream of business and also open up opportunities for joint research and development projects.
5. Efficient production processes: The company has a highly automated and efficient production system, which enables it to manufacture high-quality products at a competitive cost. This allows Schaeffler to stay ahead of its competitors in terms of price and quality.
6. Focus on sustainability: Schaeffler has a strong focus on sustainability and is committed to reducing its environmental impact and promoting social responsibility in its operations. The company has implemented various measures to reduce energy consumption, waste, and CO2 emissions in its production processes.
In summary, Schaeffler’s business model revolves around providing innovative products and solutions to its customers in the automotive and industrial sectors through a global presence, diversified customer base, strong partnerships, efficient production processes, and a commitment to sustainability.
The key elements of the company’s business model include:
1. Market and product focus: Schaeffler has a strong focus on the automotive and industrial markets, where it offers a wide range of products such as bearings, engine components, transmission systems, and chassis components. The company’s research and development efforts are also primarily focused on these markets to ensure that it remains at the forefront of technological advancements.
2. Global presence: Schaeffler operates in over 170 locations in more than 50 countries around the world, ensuring a strong global presence and local support for its customers. This allows the company to quickly respond to customer needs and adapt to emerging market trends.
3. Diversified customer base: The company’s customer portfolio is diversified, serving a wide range of customers including automotive manufacturers, industrial companies, and aftermarket customers. This helps the company mitigate risks and reduce dependence on any one market or customer.
4. Strong partnerships: Schaeffler has strategic partnerships with major automotive manufacturers and industrial companies, which provide a steady stream of business and also open up opportunities for joint research and development projects.
5. Efficient production processes: The company has a highly automated and efficient production system, which enables it to manufacture high-quality products at a competitive cost. This allows Schaeffler to stay ahead of its competitors in terms of price and quality.
6. Focus on sustainability: Schaeffler has a strong focus on sustainability and is committed to reducing its environmental impact and promoting social responsibility in its operations. The company has implemented various measures to reduce energy consumption, waste, and CO2 emissions in its production processes.
In summary, Schaeffler’s business model revolves around providing innovative products and solutions to its customers in the automotive and industrial sectors through a global presence, diversified customer base, strong partnerships, efficient production processes, and a commitment to sustainability.
Interesting facts about the company
1. Schaeffler was founded in 1883 by brothers Wilhelm and Georg Schaeffler in Dresden, Germany. The company initially produced bicycle parts and eventually expanded into producing rolling bearings.
2. The company is named after its founders, Wilhelm and Georg Schaeffler. The name Schaeffler is a combination of their surnames.
3. Schaeffler is a family-owned company, with the Schaeffler family still owning a majority share and actively involved in the company’s management.
4. Today, Schaeffler is a global automotive and industrial supplier, with over 170 locations in more than 50 countries. Their products are used in a wide range of industries, including automotive, aerospace, and renewable energy.
5. Schaeffler is the world’s second-largest producer of rolling bearings, behind only SKF. The company also produces other mechanical components such as linear guidance systems, clutches, and transmissions.
6. In 2008, Schaeffler made a bid to become the majority owner of German automotive company, Continental AG. This led to a high-profile corporate takeover battle, which was ultimately unsuccessful.
7. As of 2020, Schaeffler employs over 84,000 people worldwide and had a revenue of over 12 billion euros in 2019.
8. The company is known for its innovative technology and has over 8,500 patents and patent applications worldwide.
9. Schaeffler is committed to sustainability and has been named one of the world’s most sustainable companies by Forbes magazine.
10. In addition to their main products, Schaeffler also operates a motorsports division, which produces high-performance components for racing vehicles. The company has had notable partnerships with teams in Formula One and the World Rally Championship.
See Company Due Diligence:
2. The company is named after its founders, Wilhelm and Georg Schaeffler. The name Schaeffler is a combination of their surnames.
3. Schaeffler is a family-owned company, with the Schaeffler family still owning a majority share and actively involved in the company’s management.
4. Today, Schaeffler is a global automotive and industrial supplier, with over 170 locations in more than 50 countries. Their products are used in a wide range of industries, including automotive, aerospace, and renewable energy.
5. Schaeffler is the world’s second-largest producer of rolling bearings, behind only SKF. The company also produces other mechanical components such as linear guidance systems, clutches, and transmissions.
6. In 2008, Schaeffler made a bid to become the majority owner of German automotive company, Continental AG. This led to a high-profile corporate takeover battle, which was ultimately unsuccessful.
7. As of 2020, Schaeffler employs over 84,000 people worldwide and had a revenue of over 12 billion euros in 2019.
8. The company is known for its innovative technology and has over 8,500 patents and patent applications worldwide.
9. Schaeffler is committed to sustainability and has been named one of the world’s most sustainable companies by Forbes magazine.
10. In addition to their main products, Schaeffler also operates a motorsports division, which produces high-performance components for racing vehicles. The company has had notable partnerships with teams in Formula One and the World Rally Championship.
See Company Due Diligence:
Wait! There's more — sign up for free or log in